PnD
or
Profit and Deniability
On Cryptopia there was a trader who did just that.
It seemed to be a random choice when he announced his pick.
He changed the font sizes on his posts hour by hour making them larger and larger.
He made some money before the machinery caught him and dragged him in , kicking and screaming.
Stockmarkets are not ready for cryptotraders, not even close.
The entire premise is that the decimal place moves, it isn't investing or even trading.
They don't care what it is or if it has any fundamental value at all, not one of them cares.
They are not looking at spreadsheets or cashflow or value, that all means nothing.
They have found an easy way to tickle out and destroy a few stupid billionaires.
Leon Cooperman is an ass, plain and simple, and he deserves to be stripped of wealth and punted.
There are a lot of billionaires and many are very vulnerable to this new practice.
There are only two things in and out and you are doing one or the other.
You stop when you lose your nerve not when traditional money loses it's nerve.
Any hedge fund short Gamestop just has to pay their margin calls and hang on, how bad can it be? <smile>
It really is like the Franco-Prussian War, the stock market being the French.
They have no idea what is coming, none at all.
And the whines are rich with entitlement and outrage.
The hedge fund billionaires can't seem to grasp that it is their petard.
They really hate being stripped of wealth and punted as if they were little fish.
Hedge funds are nothing more than bloodsuckers, this new practice is the salt.
No hedge fund adds value, creates, sustains or helps, they are there to destroy the weak.
And they have had free rein, now they are prey, this is good, it will only destroy the weak.
I am not blaming Tom, he is a buccaneer now and that is all part of buccaneering.
I think we should all get ready to move on to Phase 2....deniability. Tom who?
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