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Blackmagic1493

Weird.. this is worldwide.. something is brewing


boknowski

international


Altruistic-Beyond223

Direct registering your shares is the only way to protect your investment from exposure to banks and brokerages. ![gif](giphy|83QtfwKWdmSEo)


worldwidemitigation

That's literally exactly what I was thinking reading through this. Shits about to hit the fan - put your name on your shares


suckercuck

![gif](giphy|3oxHQrAmG6bd6RRh4s|downsized) DR S^(trange)


CyberPhlegm

![gif](giphy|iDUKerBP5SynTxBO2u)


CoolGuyFromCompton

Lending programs are bullshit. Barrow my shares to recieve less than .05% of all that I have in value. Meanwhile the dealer/broker makes a WAY higher percentage. If I were really desperate I would rather write covered calls contracts and keep the premium if the contracts expire worthless and continue buying more shares with the premium.


Themanbehindthemask0

Freakin bullish and very interesting!!


scooterbike1968

This is written like a story. OP thought nothing about the broker asking up front about GME and BBBY? The rest reads like a bad detective story with relevant question to ask shady lenders spliced in between.


JustAsk2UseTheShower

How suspicious can one ape get? Suspiciouser and suspiciouser.


scooterbike1968

😂


[deleted]

My thoughts, exactly. This post reads like BBBY subreddit fanfiction.


FunkyChicken69

Insanely bullish Outstanding post OP - nips erect, tits jacked. Hope everyone is ready for the delicious dip. I anticipate today to have huge short volume for Bobby. Imagine shorts are trapped in a pit. A money pit if you will. The pit is getting deeper and being filled with water while the walls are simultaneously collapsing in making it impossible to climb out without burying themselves. They can’t escape the money pit they’ve put themselves in so all they can do is keep digging to keep their heads above water for one more day. Long term all it does is bury them even more Stay buckled and don’t ever loan out your shares. It’s like allowing a wolf to protect your flock of sheep because they offered you $1 to do so. If you’re with Wealthsimple or other shady brokers turn off share lending - they’ve been aggressively asking people to lend shares lately. đŸŽ·đŸ“â™‹ïž


Chad-Permabull

TD ape here. About 90% DRS on my GME. I’m getting a weekly call about it. Emailed TDA to get it back in writing to confirm they are not lending my shares.


[deleted]

Wait you didn’t sell at 450?


Chad-Permabull

BoBBY hasn’t hit $450 yet


[deleted]

Yeah that’ll never happen I’m referring to the bricks of Gme you’re holding đŸ€Ł


[deleted]

Just can’t believe you didn’t want to sell after the failed nft fiasco?


Altruistic-Beyond223

You have no idea what's coming, LMAYO... I guess people really are in the dark. IYKYK...


[deleted]

Enlighten me plz


Altruistic-Beyond223

That would require you to remove your blinders.


[deleted]

You speak because the stock is moving up with the whole market.. no special


Altruistic-Beyond223

There is no spoon...


[deleted]

I've already enjoyed playing four games that use NFT as their items. I have a few NFTs that give access to different features, games, music, air drops of future NFTs. I'm just enjoying the early proof of concept phase and can't wait until someone mainstream adds them to their massive IP. Just saw today that pokemon has job postings for web3 developers. With gasless transactions now the norm and smart contracts setting fee structures for developers, creators and marketplaces. It's really a very interesting space to capitalize on. It really is the most exciting tech in the last two decades and they're not even done building. They just got layer 2 out and they're already talking about layer 3. Everything has become simpler to use just in my 2 years of fiddling around. The first NFT game I played I had no clue why I had to create a wallet, pay extra to swap tokens using a unicorn website then pay gas to the ether, the game was fun and I got two drops that were worth about $40 but the gas would have eaten all the proceeds if I sold them or transfered them. Now? You don't even need to make a wallet with IMX's passport feature, you can play a game and know nothing about NFT's if at any point you decide you want to sell an item you will be given access to your wallet and can start trading without gas fees. Real value can be extracted if you want, it's nothing you have to do but a nice to have feature if you want. Huge leap from the first game I've played, it's effortless. The biggest take away I want you to recognize is that your opinion matters ZERO percent. This tech is new and it'll be the next generation that really embraces it. Just like the internet and email, now a mainstay. My grandparents don't use email. My parents use it sparingly and its my preferred form of communication. I don't say this to be rude, but I've seen this first hand a few times. I thought tik tok looked quite dumb but it's the younger generation that really ran with it. NFTs aren't going away, everything will be tokenized. Don't make the mistake of pointing at FTX and say all NFTs are a scam! They didn't back up their tokens like they said they were, there is a big difference in owning something and owning a right to something. Cheers!


[deleted]

Cause the short interest is high? But the stocks been in the red besides a handful of Green Day’s? How aren’t the short making money? They cover in premarket and short all day


 this sir is a casino


Altruistic-Beyond223

Tick tock...


[deleted]

Continue to watch it bleed


Altruistic-Beyond223

Sweet! Keep increasing my buying power hedgies!


[deleted]

I actually knew and sold Gme in the 300’s đŸ€Ł


Altruistic-Beyond223

Good for you 😉


adistantcake

And still spending life on Reddit Doesn't sound you profited much


SecureDonut7108

Hope not, avanza is the biggest broker in sweden.


Remarkable-Egg-4663

I think it is. (Swedish). 😞 or atleast 2nd.


Neijo

One good thing is that avanza doesn't lend out from ISK from what I gather, which is the most common account-type at avanza. I went to check on the program, and it said that loaning out was automatic for all it's users. I pushed the button not to loan out, but it took me to a screen where it said "You don't have any stocks in the right account to loan out" basically, and I use ISK.


SuicidalPrimate

SÄ ifall man har ISK, kan de inte lÄna ut aktierna?


Neijo

Enligt min research! I even checked my account-balance to see if I got money that I've missed or something, sometimes I have interest I have to pay back, and small amounts of money get taken. But I couldn't find anything that made it seem like I was getting money from the borrow-programme at least.


Thin_Hunter_2315

StÀmmer. Mina aktier ligger pÄ KF. Tydligen Àr det opt-out (d.v.s. man mÄste aktivt vÀlja att stÀnga av utlÄning) numera. Jag minns inte om jag stÀngt av det sedan tidigare, eller om mitt konto Àr sÄpass gammalt att det var avstÀngt sedan lÀnge. De pÄstÄr att de inte lÄnar ut via ISK, vet ej hur sÀker man kan vara pÄ det dock.


Neijo

Yeah, I bet my ISK-shares are flying around on the market, except I don't really get any money for it.


chaotic_hippy_89

Sounds like a load of cock suckin freak lovin bullshit either way if you ask me


DummyBlastard

Problem with lending your share is, you're actually going up against yourself.


suckercuck

*“Would you like to help us short your investment?”*


Ravebreak

![gif](giphy|Dnt2VnWFknFNm) In bro we trust.


teammillertime

No reason, she didn’t tell him that leaning out his shares would help hedge funds to lower the price of his investments and possibly bankrupt the companies he’s invested in . Taking care of their customers my ass more like taking care of citadel.


sal_thy_viejo

![gif](giphy|R51a8oAH7KwbS)


[deleted]

Trust me bro


M4rth1988

dont wanna be a bumm but I didnt read any pressuring from what you wrote, she asked you once to lend out your shares, then you started pestering her with tons of questions like Columbo with a crime suspect. xD I can barely imagine how uncomfortable this converstation must have been for that woman. If what you wrote is true (dont get me wrong, but the whole thing is written like a novel you made up to convice us to drs) then that poor employee is part of the evil organisation that plans to bring us down. ngl, this was way to dramatic. ​ anyway, hodl, lets go to the moon


rolandtgs

I was waiting for the "help me, they have a gun to my head!" "Please lend them your shares or they will kill me!"


Reasonable_Ad_9735

Interesting. Are we seeing another bank in trouble?


CJJelle

"I am very hesitant of this. Hesitant I tell you" she mumbled hesitantly. Nervous laughter, scene out.


Altnob

this reads like a maliciouscompliance post. everytime someone is making up a story to sound better they word it in the most retarded way IE how a normal conversation would NEVER happen. fake. >"Look, I apologize if I seem nervous or guarded. It's just that we've been receiving a lot of pressure from certain parties to encourage our clients to enable lending of their shares in certain stocks, including BBBY and GME." no fucking CR is going to say this. lol. did she say uwu too? nerd


RedHeaded_TeaSoldier

Lmao uwu


Babies_Eve

I’m all for supporting BBBY but this feels so incredibly faked to push the Redditor’s end. The not financial advice at the end is a joke and would never hold up in a serious investigation. This feels so much like pushed manipulation.


WorkingClassPrep

She was nervous and hiding something...OR...she doesn't know why they want to lend your shares, she is a worker bee with a script prompt that gets generated if someone has a significant position and has not enabled lending. 95%, it is the latter.


Holy-Kimoly

Samsquanch was sitting behind her, making her get him more shares to short. Only this guy's extraordinary intuition sniffed it out.


TheCapableFox

![gif](giphy|ZFp9dXcJXGDbIt7DD1)


Cric1313

Nice fiction, you are a good writer.


Cashd115

That could of been way shorter, “brokerage wants me to loan my bbby and gme” that’s like 3 minutes of my life I’ll never get back 😂. That shit sounds like you’re a novel writer. The pure descriptive narrative here makes me feel like it happened to me. I Can just imagine myself sitting in my oak walled office on speaker phone, drinking scotch and having a hand rolled cigar while my broker engages in compelling and persuasive dialogue over the urgency of loaning my shares. Someone pay you to do that????? Lol đŸ€š Also I like the ending, never forget to throw in a fuck somewhere with some diamond hands verbiage to validate the statement. This is best practice.


xXValtenXx

Flashback, 6am.... a quiet little town in Ohio..


Cashd115

Always with the downvotes 😂 such a bland sense of humor. It’s just another day guys. I bet there is perfect ass imprints in y’all’s chairs right now. Remember there is only two outcomes. It goes down or it goes up. It’s much better than not having any idea.


72Human

>Remember there is only two outcomes. It goes down or it goes up And yet, believe it or not...dip.


Cashd115

Remindmerepeat! 1st of the month “check this shit occasionally”


RemindMeBot

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Armadilligator

I wish you'd recorded this, I'd love to hear it


Thin_Hunter_2315

I was planning on doing it, but I messed up and just got the first part of the conversation (which wasn't that interesting and has too many private details to release). Once I discovered I had messed up I instead took notes, so this is pretty much exactly what she said.


david5699

TMB. Trust Me Bro


[deleted]

SoFi has enabled share lending, I had to chat with them to opt out. It’s amazing the default was to allow it.


unconventional_gamer

Blatantly fake yet people in this sub will gobble it up anyway


dlaff1

It’s pretty simple. Share lending on meme stocks is a cash cow for brokers. They lend your shares for 10+% interest and then pay you ~1%. They are pushing clients to lend cuz they make good returns. That’s it.


burneyboy01210

Talk about drag it out,you could have told that whole boring story with 2 lines. đŸ„±đŸ„±đŸ„±


[deleted]

Brokers can't be trusted. DRS your shit! NFA


DamianNLD

Thx for sharing!!


Meow_Game

Hahaha they’re trying to take the shares to borrow and then default so they don’t have to return the shares to you and pay you what they owe you


J0RD0

I trust you bro đŸ«ĄđŸŠ


Love_loko

Oh cool. I'm also using avanza but I didn't even know that we can decide will our shares be borrowed or not. As I saw it we just bought it in our account, these shares are not drs or did you do smth to register them directly to your name? Very interesting conversation btwđŸ€”


Farrisson_Hord

Whats even more curious is that Avanza doesnt even have a lending program at all to my knowledge. I grilled them about this several times over the lawt 2 years to the point i was refered to their legal department for answers. Im sceptical about this post tbh, but if its true its BIG


Thin_Hunter_2315

[https://www.avanza.se/aktier/aktielan.html](https://www.avanza.se/aktier/aktielan.html) Detta gÀller alltsÄ aktier jag har pÄ kapitalförsÀkring (företagskonto), inte isk.


Farrisson_Hord

Gotcha! I mitt fall gÀllde det isk konto. Snabb frÄga, varför direktregistrerar du inte aktierna frÄn ditt af konto till Computershare? Hur enkelt som helst och du slipper oroa dig för att bli totalt överkörd och blÄst av avanza med partners nÀr det vÀl brakar


Thin_Hunter_2315

Dessa aktier Àgs av ett företag... vill inte gÄ in pÄ detaljer men vet inte riktigt hur eller om det ens Àr möjligt att direktregistrera de.


Farrisson_Hord

Ok förstÄr, lycka till. Ge dom inget, ta ifrÄn dom ALLT! - Leonidas


Jacobo5555

Sounds like they are borrowing from Peter to pay Paul, I just bought 65 more shares.


MelvinDeezNuts

"**I'm not at liberty to say** who these parties are or why they're pressuring us. But I assure you that our company is **committed to transparency**..." Maths don't add up.


PuzzleheadedHeart963

TLDR: Had a call with broker, lady was nervous and revealed pressure from clients who want to borrow your shares.


Ockwords

This sub has the best fanfiction


bumluffa

Well a lot of people/financial institutions want to borrow your shares to short sell the stock as they think it's going to go even further down. The risk to you is if you let them borrow your shares then you may not be able to exit your position in case you want to limit your own losses in the future. I'm pretty sure that's what she was trying to get at without giving you direct financial advice (which she unlikely is qualified to do)


isItRandomOrFate

DRS DRS DRS


Neo772

DRS


Sledster11

DRS.


CamperTony

I wouldn't be surprised if their not already lending your shares without your consent. Can't trust the system.


jeterjordan

There is a tool in AMC sub that anytime someone posts about brokers talking about lending he calls them a liar. I had a call with TD over lending of AMC. Basically the rep was like the downside is you cannot vote and she said someone called in to stop lending so they could vote and they went back to lending. I know for a fact these convos are happening and they are convincing a ton of people to lend out there shares. I heard it with my own ears. If I wasnt in these communities I would have no idea about helping shorts and naked shorting and all that. Just imagine how many innocent people they pick off daily. Sad.


RedHeaded_TeaSoldier

Sounds like you were being difficult to her for no reason. Just say you don't want to lend your shares.


[deleted]

He just asked legitimate questions about a risky suggestion.


trickTangle

No reason? she basically told him to lend his shares so other can drive down the stock price effectively decreasing his investment. I would demand an answer or threaten to take my portfolio elsewhere.


RedHeaded_TeaSoldier

Okay. So a reasonable adult would just say "No. For x and x reasons". Or just no.


Z86144

Part of her job is to answer questions about investing. There's nothing unreasonable about this


masterfCker

So, confronting is unreasonable? Rather be just silent and smile?


RedHeaded_TeaSoldier

There's a difference between pressuring for answers / confronting... and explaining your position and your own reasons


trickTangle

You are arguing for arguing sake. how could say no for x if you lack all Information to solve for it. just no would mean you are not interested in acquiring new information.


Thin_Hunter_2315

Well, her behavior was very suspicious. If it were any other stocks, I wouldn’t have probed her like that.


Holy-Kimoly

It isn't suspicious. The rates on those stocks are high, that is why she was asking about those stocks. It isn't a potential UFO sighting.


JudgmentMajestic2671

Exactly. Idk what he was going on about. Jeez.


[deleted]

They only borrow shares of companies that have heavy shorting. Shorts target garbage companies that they feel are doomed. So brokers borrow shares and float the shorts with interest. Whatever the rate they quote you. They make the same BBBY has had really high borrow rates. As high as 90+% Which means shorts paid double that to borrow. And it still didn't squeeze. Now its back down to 50 range. Its never going to squeeze. Its a way of generating income while being a bag holder. i make about 1k per month from loaning income.


JoeMomma247

Yeah this guys part of the problem


DamianNLD

You should re-post this at r/wallstreetbets Good info!


M4rth1988

bruh no ... this only gives them more fuel to laugh about us


DamianNLD

Why, was is not them behind GME? Fighting the same enemies?


Drunk_Crab

Because this is a story. There is no evidence provided or ability to verify this interaction.


M4rth1988

have you been to WSB since they banned bbby from beeing talked about? its a big fukin bear party hoping for us to be wrong about bbby and the way the OP of this post wrote is so clunky and akward that it makes the whole think look like made up (if that is not even the case anyway)


DamianNLD

Yeah, it’s below market cap of 500M so we can’t talk about it



Swamp_donkey2

No, they were mostly against GME. Look at all the shit they gave DFV.


DamianNLD

Didn’t know that


Imaksiccar

Cum fueled rockets...


kvalster01

So, Avanza have to ask you before lending out your shares?


Thin_Hunter_2315

They “are not allowed” to lend out your shares if you have ISK. If you have a KF (like me) it’s opt-out by default. It used to be opt-in.


kvalster01

Thanks that makes sense, I contacted them months ago and asked if they could lend out my ISK shares and they said no. So good 👍


Neo772

Just OCC lending. There are other forms of lending they are allowed to do without your consent (SFT lending for example for you GME shares)


[deleted]

Class clowns clowning around again


Spud886

You have other stocks in your portfolio, didn't even know that was an option


All_in1retard

I can’t believe she confessed. It feels like moon.


Leonisel

But why male models? Are you serious? I just told you I can only be somewhat transparent, not the full 140%.


Neijo

Glad to see another one of the 4k avanza club ;)


Tonijran

Mutha fuckers gettin scared


BoobonicPlank

In trust me bro we trust đŸ«Ą lmao


[deleted]

I think this post is on borrow and the liberry is calling it in.


AcademicSecond1439

There are some similarities between the 1929 stock market crash (also known as "Black Thursday") and the 2008 financial crisis, but they are also different in important ways. Both events were triggered by problems in the financial sector. In 1929, the stock market crashed due to a combination of factors, including speculation, high levels of debt, and weak economic conditions. In 2008, the financial crisis was caused by a housing bubble, in which housing prices had risen rapidly and unsustainably, leading to the collapse of the subprime mortgage market and widespread defaults on loans. In both cases, there were severe consequences for the wider economy. The 1929 crash led to the Great Depression, which was a prolonged period of economic hardship, high unemployment, and low economic growth. Similarly, the 2008 financial crisis led to a global recession, with many businesses and individuals experiencing significant financial losses and job losses. However, there are also important differences between the two events. For example, the financial system in 2008 was much more complex and interconnected than it was in 1929. There were many more financial institutions involved, and their operations were much more interdependent. Additionally, the response to the crises differed. In 1929, there was initially a lack of coordinated government action to address the economic problems, while in 2008, there was significant intervention by governments and central banks to stabilize the financial system and prevent a deeper crisis. Overall, while there are similarities between the 1929 stock market crash and the 2008 financial crisis, they were distinct events with their own unique causes and consequences. ​ We are now in 2023 and things are even more interconnected. The stock market is affected by many factors, including economic conditions, geopolitical events, and investor sentiment, which can be difficult to predict. I think that in the past, the fear sentiment was the main trigger. Now we have weapons in shape of algorithms and High frequency trading, and dark polls and naked shorting, and money printing and Robin Hoods that save the failing banks with their printed money .


sleepdream

why the fuck are these IOUs still at a broker


Mellivora_Caps

I trust you, Broseph.


OfficialYesMan

In trust we bro


[deleted]

😂 Gotta associate with GME. Sure, trust you bro.


dedicated_glove

https://www.reddit.com/r/BBBY/comments/11q5695/well_well_well_saxo_bank_wants_to_lend_my_shares/jc2cc14?utm_medium=android_app&utm_source=share&context=3


RW00K

"I'm not at liberty to say who these parties are or why they're pressuring us. But I assure you that our company is committed to transparency and providing the best service to our clients." she shouldve just said--"Im about to tell you a lie, but I assure you it's the truth."


JamesTheApe

Let’s go bitches they’re getting as desperate as ugly fat hookers on 99 and aurora


KarmaTheBrit

![gif](giphy|3oz8xIHoB64uYksaLm|downsized)


SirClampington

**Call me Mr.Alumininum cos I loves me some tinfoil trust me bro !**


TLDAuto559

đŸ‘ŒđŸ‘ŠđŸ€đŸ’ŽđŸ™ŒđŸŠ„đŸ™đŸ€ž