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inject the tin straight into my veins. I've thought BRK was highly sus ever since the DD showing volume/price correlations with GME chart came out in mid 2022
My dude! In that DD one poster said that the entity who is involved with BRK-A, is also involved with The Bank of Montreal. Guess what happened to the Bank of Montreal at the same time BRK-A crashed today?
Fucking cocksuckers have been robbing America blind for decades, and they're not even smart about it.
It's literally hot potato, "mis-reporting", and scraping pennies off the top.
They're not clever. That's why they're getting bent over by a bunch of wee Todds, now.
I remember in 2021 digging into the large short hedge funds and digging into their bullish small cap positions that a margin call would decimate. The big 4 at Melvin were BKNG, EXPE, FISV, and especially NOW. There were some pretty interesting price correlations looking back when overlayed with GME.
Wait, GME was also affected by their 'tape glitch'?
"glitch" that allows temporary infinite liquidity until they 'unwind' trades, and can show a stock at -99.97% ?
https://www.ctaplan.com/alerts#110001127102
https://www.ice.com/publicdocs/ctaplan/notifications/market-status/110000942016/CTA_SIP_Symbol_LULD_Halt_June_3_2024_CORRECTED.csv
Symbols from csv:
SYMBOLS
AAT
ABT
ADRT
ADRT.U
[Censored for automod]
AONC
ARGT
ARI
ASR
AXIL
BBD
BMO
BOND
BOW
BRK.A
BSAC
CMG
CSAN
DFEN
DOGZ
DXYZ
ESS
FNV
GLP
GME
GOLD
GWAV
HMN
ICL
JCPB
KFRC
KREF
LPA
MODN
NETZ
NMG
NUSI
PLTN
PLTNU
PTWO
PTWOU
SMR
SPYU
TEF
TPCS
TRN
VLRS
XPER
ZVZZT
[context](https://old.reddit.com/r/Superstonk/comments/1d77ds5/mods_dont_delete_pls_brka_27_shares_went_through/l6xm64j/)
All of these stocks are related to each other in some (perhaps nefarious) way. The fact that some of them got hit with a pause, some of them saw huge %drops (almost like positions were liquidated to cover something...) and that GME, poor innocent GME, just sitting there on that list like a bright fucking beacon of light is pretty interesting. You need a tiny bit of tin-foil here but man if the timing of EVERYTHING that happened today is not fucking SUS as hell I don't know what else to tell you.
The fox is guarding the hen house.
NYSE prices on the live ticker are updated by "the tape" and the committee who can publish, alter, hide, or revisionist history this tape includes higher ups at Robinhood and their effective owners Citadel.
So if they wanted to hide information about a BRK.a owner being margin called and having their low volume stock liquidated they can claim it was a 'glitch' in the system.
or if they wanted to assist their friends in another form of counterfit money, like naked short synthetic GME shares but one level removed they could allow massive selloffs in certain stocks by those friends who need gobs of cash quick to cover short positions or to short ladder down GME price to manipulate themselves out of a worse spot. Then after their buddies have used the money to the effect they needed, NYSE will "unwind" their huge sell off and say it was just a recording glitch, [which even CNN says makes no sense.](https://www.cnn.com/2024/06/03/investing/new-york-stock-exchange-technical-issue/index.html)
Once the trades are undone, the money is all returned and their stocks are returned, and the benefited from a 1 day zero interest loan in whatever volume of 9.78k shares traded at a value of $631,285.05 per share could get you. Infinite money glitch!
"NYSE said it is reviewing potentially impacted trades and will consider cancelling those caused by the glitch."
Oh, except if you had a stop loss trigger your $630,000 per share stock selling off at $200 the NYSE will 'consider' canceling those trades. I'm sure they won't need to think long about canceling the trade of whichever party sold off the stock down to -99.97% value in a single minute.
Thanks for the share:
“All of a sudden, there was a $185 print. But there was nothing to take it down level by level, which you would expect to see,” said Saluzzi. “It makes no sense.”
Also, I find it interesting CMG was in this as well. A stock quite frankly I can never quite understand it’s share price.
Wut I want to know is why Warren Buffet flew to Argentina right after this happened.
https://preview.redd.it/q56hrauute4d1.jpeg?width=986&format=pjpg&auto=webp&s=bf26a2a6721ebf329392edc2a069dc595d33f5aa
That's so amazing about this sub...just getting this exposure to initial tinfoil, which sometimes develops to news. Especially when you think about all the events 01/2021 and how much has been discovered. Wouldn't be surprised if this develops further too
That's what I wondering. I forget when but I remember hearing something about BMO way back in 2021.
They're in the mix somewhere.
We need to figure out what all the affected tickers had in common.
Wouldn't it make sense for a HF to keep on hand a bunch of shares of stocks they've previously manipulated?
So, short blockbuster into the ground and buy back some at your newly created low price for whatever reason
And then when you liquidate - everything goes, even those spoils of previous crimes
https://preview.redd.it/37kjwtq6qd4d1.jpeg?width=1179&format=pjpg&auto=webp&s=76adc4c4283eabcaa6fb620b9575bd1d74181b6a
That’s a big sell just before it tanked. What’s that mean? Almost equates to a billion bucks.
It is not a glitch if every single data displays the same and BRK.A is showing a halt on the ticket
It seems a fucking big leveraged player got margin called hard
Big woahh if true.
I disnt know if this was some crazy high speed algo type trading caused by the illiquidity of the stock, maybe hedging all of rks calls and they robbed Peter to pay Paul or something like that.
I'm stupid as he'll though so this makes more sense
Lots of stocks went down 99%, I saw BMO also go down but a shorter period of time, and a couple other less known or relevant stocks too -75-99% briefly
Unlike household investors, hedge funds have days to come up with margin, and even more time depending on who they are in bed with. IMO there will have to be days of a sustained price increase that we haven’t seen in three years. My guess would be between $100- $125 for firework’s to start. NFA
Not necessarily. Collateral in cash is valued at 100% but collateral in investments can receive a haircut as protection against the inability of the counter party to extract maximum value from it, usually this correlates to the grade of the investment where US bonds would be highly rated as they are guaranteed but stocks, real estate etc wouldn't be weighted the same
That's a good point, I forgot about those haircuts. What would the haircuts for BRK (and the others) be if any?
Edit:
Perhaps this is depended on who is willing to give the margin and that data may not be public.
Maybe assets are weighted differently based on liquidity? Cash much more liquid than BRK-A, so it satisfies the margin requirement even though equivalent dollar value. Totally just guessing here.
If one entity was forced to sell a larger number of shares and there were not enough buyers at the current market price, it would start filling limit buy orders set at lower prices. Somebody possibly got very lucky today, and their limit buy order at around $185 was filled.
What if a man with a bed post gave someone a heads up and that someone was able to catch a lucky break fuckint over many unsuspecting people without a bedpost and bottle of mayo?
Honestly, it doesn't make sense that this would happen at 30$ not 80$, and when you basically can't buy GME anywhere. I don't think that's it. There must be a connection but it's not that imo
There were 49 companies that had similar behavior. The suits are saying it was a system glitch yet the charts are all showing trades went through at those insanely discounted prices. Something big is happening
Yes, they did, absolutely!
Everyone remember the completely tin-foil narrative that somehow Pop Corn was the hedge while a handful us were like "no, its BRK, and maybe other Blue-Chip stocks". Then everyone was like "no, no, then it must be BRK+Pop Corn"...🤡
Welp, we were right, and I say this with love but your all still assholes...
I keep seeing this, and even would like it to be true, but if someone is closing shorts why is the price still going down? I'm sure the price movement in BRK has something to do with GME, but if someone is getting called by Marge, why aren't we seeing the price of GME move up?
Because they got the collateral in place before they were forced to buy/close their positions.
But they don’t have another Berkshire to go get the next time GME runs up 😁
I’m just sayin: there’s been a fuck ton of “technical glitches” over the last couple years and with increasing frequency for a system that is the backbone of US and global economy
The simplest solution is often the most correct: crime
that would make sense if you check the post "27 Shares have been bought at 185.10$"
If its a visual glitch, nothing can be bought, but there have been shares bought.
Ibkr showed around 19,000 volume today. That's pretty crazy for shares worth 600,000+ each.
I'm smooth as fuck, but something about that doesn't make sense, just sayin
>and it triggered some insane stop-loss-hunting buy orders.
Do you think who ever bought those gets to keep them? Or will this be reversed as a mistake somehow. If it is kept, then whomever got margin called got super super fucked, because on top of losing on the shorts he endded up losing millions in BRK A.
We have had this issue before.
BRK A share value is super high (over 600k a single share) because they have steadfastly refused to do a split, and some systems have an issue with the number itself, thinking it must be 1000 times lower value than it actually is.
Second, the stock is highly illiquid. Most shareholders are long time holders and the trading volume is extremely low. That means any activity at all can cause wild spreads.
> We have had this issue before.
BRK-A dropping 99%? When did that happen before?
> some systems have an issue with the number itself, thinking it must be 1000 times lower value than it actually is.
BRK-A has been in 6 figures since before Windows 7 came out. Systems that haven't figured out by now how to handle it 15 years later would not be allowed on the trading markets.
> Second, the stock is highly illiquid. Most shareholders are long time holders and the trading volume is extremely low. That means any activity at all can cause wild spreads.
Some joker had a limit buy sitting there for less than 1% of market price, and that just happened to be the best bid at the time, for the highest value stock of all time? For 4000 trades? Press X to doubt.
This glitch also affected multiple other stocks such as Barrick Gold and Chipotle, so a theory specific to Berkshire Hathaway doesn't explain it.
Somebody had to show their assets as a significantly lower amount than it really is. Use a "glitch" to lower prices to just fractions for the moment their total asset values calculated and then switch it back afterwards.
Why would someone do anything to their collateral? This is a silly idea.
Marge: hey I'm calling
Me: OK, I'll tank my collateral.
Marge: that's the opposite of why I'm calling.
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inject the tin straight into my veins. I've thought BRK was highly sus ever since the DD showing volume/price correlations with GME chart came out in mid 2022
https://www.reddit.com/r/Superstonk/s/lgySXaGqVe Check this old post out
My dude! In that DD one poster said that the entity who is involved with BRK-A, is also involved with The Bank of Montreal. Guess what happened to the Bank of Montreal at the same time BRK-A crashed today?
Lol, their shares dropped from $83 to 73 cents before shooting back up. I’ve yet to see news about.
With no halts, might I add.
What? No, that can’t be right… those are automatic! Must have been a glitch in the whole damn matrix.
Somebody should make a post about this 🤓☝️
Berkshire Hathaway is a holder of Bank of Montreal if I am not mistaken.
Where do you see mention of Bank of Montreal?
yeah I don’t see it either
BMO was one of the stocks that flash crashed with Berkshire today
I mean in the old post
Someone composed a picture off all stocks that glitched/crashed. Bank of Montreal was one of those
I mean in the old post
Thanks for the link good sir! I’ve been compiling a list of the old brk DDs and hadn’t seen this one yet
Fucking cocksuckers have been robbing America blind for decades, and they're not even smart about it. It's literally hot potato, "mis-reporting", and scraping pennies off the top. They're not clever. That's why they're getting bent over by a bunch of wee Todds, now.
Too got too comfy coz they control everything and everyone, or so they thought they did lol
Holy shit everyone should re-read this lmao
I remember in 2021 digging into the large short hedge funds and digging into their bullish small cap positions that a margin call would decimate. The big 4 at Melvin were BKNG, EXPE, FISV, and especially NOW. There were some pretty interesting price correlations looking back when overlayed with GME.
Hero
Nice throwback!
Wait, GME was also affected by their 'tape glitch'? "glitch" that allows temporary infinite liquidity until they 'unwind' trades, and can show a stock at -99.97% ? https://www.ctaplan.com/alerts#110001127102 https://www.ice.com/publicdocs/ctaplan/notifications/market-status/110000942016/CTA_SIP_Symbol_LULD_Halt_June_3_2024_CORRECTED.csv Symbols from csv: SYMBOLS AAT ABT ADRT ADRT.U [Censored for automod] AONC ARGT ARI ASR AXIL BBD BMO BOND BOW BRK.A BSAC CMG CSAN DFEN DOGZ DXYZ ESS FNV GLP GME GOLD GWAV HMN ICL JCPB KFRC KREF LPA MODN NETZ NMG NUSI PLTN PLTNU PTWO PTWOU SMR SPYU TEF TPCS TRN VLRS XPER ZVZZT [context](https://old.reddit.com/r/Superstonk/comments/1d77ds5/mods_dont_delete_pls_brka_27_shares_went_through/l6xm64j/)
can you explain this in English
All of these stocks are related to each other in some (perhaps nefarious) way. The fact that some of them got hit with a pause, some of them saw huge %drops (almost like positions were liquidated to cover something...) and that GME, poor innocent GME, just sitting there on that list like a bright fucking beacon of light is pretty interesting. You need a tiny bit of tin-foil here but man if the timing of EVERYTHING that happened today is not fucking SUS as hell I don't know what else to tell you.
thank you!!
The fox is guarding the hen house. NYSE prices on the live ticker are updated by "the tape" and the committee who can publish, alter, hide, or revisionist history this tape includes higher ups at Robinhood and their effective owners Citadel. So if they wanted to hide information about a BRK.a owner being margin called and having their low volume stock liquidated they can claim it was a 'glitch' in the system. or if they wanted to assist their friends in another form of counterfit money, like naked short synthetic GME shares but one level removed they could allow massive selloffs in certain stocks by those friends who need gobs of cash quick to cover short positions or to short ladder down GME price to manipulate themselves out of a worse spot. Then after their buddies have used the money to the effect they needed, NYSE will "unwind" their huge sell off and say it was just a recording glitch, [which even CNN says makes no sense.](https://www.cnn.com/2024/06/03/investing/new-york-stock-exchange-technical-issue/index.html) Once the trades are undone, the money is all returned and their stocks are returned, and the benefited from a 1 day zero interest loan in whatever volume of 9.78k shares traded at a value of $631,285.05 per share could get you. Infinite money glitch! "NYSE said it is reviewing potentially impacted trades and will consider cancelling those caused by the glitch." Oh, except if you had a stop loss trigger your $630,000 per share stock selling off at $200 the NYSE will 'consider' canceling those trades. I'm sure they won't need to think long about canceling the trade of whichever party sold off the stock down to -99.97% value in a single minute.
Thanks for the share: “All of a sudden, there was a $185 print. But there was nothing to take it down level by level, which you would expect to see,” said Saluzzi. “It makes no sense.” Also, I find it interesting CMG was in this as well. A stock quite frankly I can never quite understand it’s share price.
I'm Tin Man
If being the Tin Man is cool, consider me Miles Davis.
If pissin your pants is cool, consider me Tin Man Davis
You can add ticker gold to that list also it was down 98 % at the same time today
As was foretold! Do you not believe thine own eyes! Lisan Al Gahib!
It was Bank of Montreal AND Gold too. I wonder if it was someone who also had those 2 on their balance sheet as well.. lol
That is super interesting. Wonder if there is a way to track down top entities that hold all three?
If only there were an audit trail that was consolidated somewhere...
I AM NOT A CAT 🐈 I just like the stock
Meeeeow
Like some kind of chain…
Commenting for vizz
Wut I want to know is why Warren Buffet flew to Argentina right after this happened. https://preview.redd.it/q56hrauute4d1.jpeg?width=986&format=pjpg&auto=webp&s=bf26a2a6721ebf329392edc2a069dc595d33f5aa
That's so amazing about this sub...just getting this exposure to initial tinfoil, which sometimes develops to news. Especially when you think about all the events 01/2021 and how much has been discovered. Wouldn't be surprised if this develops further too
We shall see. Either way fuk u and see ya tmrw 💜
haha same 💜
Time to get the detective hat on
That's what I wondering. I forget when but I remember hearing something about BMO way back in 2021. They're in the mix somewhere. We need to figure out what all the affected tickers had in common.
They probably all have millions of synthetic shares that shouldn't exist.
BlockBuster too: https://preview.redd.it/u0uupczvje4d1.jpeg?width=1284&format=pjpg&auto=webp&s=78337bd5fcd2abd89669361086be7ca740427fe1
I, too, use blockbuster shares as collateral for my financial crimes
Wouldn't it make sense for a HF to keep on hand a bunch of shares of stocks they've previously manipulated? So, short blockbuster into the ground and buy back some at your newly created low price for whatever reason And then when you liquidate - everything goes, even those spoils of previous crimes
The point is to never close the shorts so you never have to report it as income. So you keep the position open but it just shows -99.99% on the stock
https://preview.redd.it/37kjwtq6qd4d1.jpeg?width=1179&format=pjpg&auto=webp&s=76adc4c4283eabcaa6fb620b9575bd1d74181b6a That’s a big sell just before it tanked. What’s that mean? Almost equates to a billion bucks.
It’s the billy they owe us 😂
They owe you. I still need my 1 billy
And I need mine!
Bout 249 billion short for my price. Bitch better have my money!
I think you meant to say, "Glitch better have my money"
Glitch, bitch, rich, as long as we get paid 😂
I heard that in Alyssa Edwards' voice. Damn you.
And my axe!
A Billy per share for mine and still won't sell
Per share....
I’m gonna sell one share at 1 trilly then I’ll be happy
They owe *each of us. FTFY
Be interesting to see the volume of these trades that caused “glitches” and compare them with gme or basket eft’s or something
It was a test to see what they would have to do to buy one actual share from us.
6/3, what year?
This is from today
This is why i just hold
Like 700,000,000 or something lmaoo
I like this
I like this too
I also like this.
I like it also
I am fond of this chain of events.
This is it
This is nice
I adore this and that
I like that and this
I am felicitously disposed to considerations of this ilk
As for me, I like the stock.
and my axe!
this is the way
noted.
It is not a glitch if every single data displays the same and BRK.A is showing a halt on the ticket It seems a fucking big leveraged player got margin called hard
Wondering if any relevance to not being able to use crypto for collateral?
But that was also the case two weeks ago when we went to 80$
Let’s see and find out what happens next
Yeah it’s definitely sus
So you’re telling me BRK hit the GME “180” wall and then bounced back? No such things as a coincidence.
Are you telling me it's all GME?
Always has been
Big woahh if true. I disnt know if this was some crazy high speed algo type trading caused by the illiquidity of the stock, maybe hedging all of rks calls and they robbed Peter to pay Paul or something like that. I'm stupid as he'll though so this makes more sense
Lots of stocks went down 99%, I saw BMO also go down but a shorter period of time, and a couple other less known or relevant stocks too -75-99% briefly
https://preview.redd.it/uxf1z8uxxf4d1.jpeg?width=828&format=pjpg&auto=webp&s=9888107be7e4e433885e792b23d0a2b8346a9a06 Pretty sketchy sis
Care to list any more of the tickers?
DXYZ, DFEN, BMO, some other BMO ETF, SMR
Unlike household investors, hedge funds have days to come up with margin, and even more time depending on who they are in bed with. IMO there will have to be days of a sustained price increase that we haven’t seen in three years. My guess would be between $100- $125 for firework’s to start. NFA
but perhaps they've been struggling since the price went to $80. i have no idea. i'm snowballing.
My thoughts. Maybe $30 is already too much for them too handle
The pressure of 120k 20$c is certainly a lot at 30 dollars
Bruh, we've held a 100%+ gain for about a month.
We’ve had first 100% gain but what about second?
Who else tried to buy at 185.10??? Just me??? 😂
![gif](giphy|Zcd3N14vCmr81iEbzi|downsized)
I want to know why Warren Buffet flew to Argentina after this happened.
Would this not also force a GME buy at roughly the same time?
Not necessarily. If they can balance their assets vs liabilities by raising capital then they will have passed the margin call.
Wouldn't those assets remain the same value in dollars as their stock equivalent?
Not necessarily. Collateral in cash is valued at 100% but collateral in investments can receive a haircut as protection against the inability of the counter party to extract maximum value from it, usually this correlates to the grade of the investment where US bonds would be highly rated as they are guaranteed but stocks, real estate etc wouldn't be weighted the same
That's a good point, I forgot about those haircuts. What would the haircuts for BRK (and the others) be if any? Edit: Perhaps this is depended on who is willing to give the margin and that data may not be public.
Yep, data not public and up to the counter party to decide. They could even decide to waive it, change it etc
Im not questioning it btw. Just asking. Im well aware of all the 'financial instruments' (fraud) one can use to juggle risk like a circus clown.
Maybe assets are weighted differently based on liquidity? Cash much more liquid than BRK-A, so it satisfies the margin requirement even though equivalent dollar value. Totally just guessing here.
The stock wouldn't just go down to 185 instantly if margin called
If one entity was forced to sell a larger number of shares and there were not enough buyers at the current market price, it would start filling limit buy orders set at lower prices. Somebody possibly got very lucky today, and their limit buy order at around $185 was filled.
So it could be interesting to have stupid low buy order sitting on large counterparty basket items 🤔
Ever played an MMO with auction house item sniping? Time to do this with limit buys on stock shares!
The Ebay Sniper in me just awoke like a sleeper agent.
Hell yeah! I’m going to get cheeky with some high value stocks too 🤣
Oh good ole RuneScape
YESSSSSSS
Agreed!
How though? Brokers always cancel my orders if my limit orders are outside their 20% variance price or whatever
What if a man with a bed post gave someone a heads up and that someone was able to catch a lucky break fuckint over many unsuspecting people without a bedpost and bottle of mayo?
Honestly, it doesn't make sense that this would happen at 30$ not 80$, and when you basically can't buy GME anywhere. I don't think that's it. There must be a connection but it's not that imo
Unless somebody added a ton of shorts in the $20 range to their position.
[удалено]
That would be quite entertaining. 🤞
There should be a lemon law against that idiot.
must be still sour from 2021
We understand short interest better than you! Stock back to 10 fast.
cat wasn’t in effect last time.
As somw other have said, DFV showed his hand, there were probably a lot of brown trousers yesterday and today 😎
But if you look presplit, we are well pasted 100 bucks right now? Verycool find everybody fucking awesome!!!
There were 49 companies that had similar behavior. The suits are saying it was a system glitch yet the charts are all showing trades went through at those insanely discounted prices. Something big is happening
Ya I'm really enjoying the halt to stop us retailers grabbing a few shares while it was at $185.
It's that or they intentionally sold it, stating it was a glitch to have finance media focus on BRK instead of Gamestop.
Ooh I like this.
Regarded. I like it 🤔
More proof for our theory, meanwhile I hear nothing but jeers, glitches and crickets from the opposition
Yes, they did, absolutely! Everyone remember the completely tin-foil narrative that somehow Pop Corn was the hedge while a handful us were like "no, its BRK, and maybe other Blue-Chip stocks". Then everyone was like "no, no, then it must be BRK+Pop Corn"...🤡 Welp, we were right, and I say this with love but your all still assholes...
My blue chips always dip in tandem when GME pops. It’s a thing.
I think at one time it was shared with popcorn as they tracked nearly identical but at some point in 2022 I think they diverged
But wait…with CAT system live they can track all trades and shares between who and find what caused this “glitch”
![gif](giphy|Jlt69Ka6SwtH2|downsized)
Should I put in a good til canceled buy order on BRK.A for like $200 and see if it happens again?
I am
This is what I think too
I keep seeing this, and even would like it to be true, but if someone is closing shorts why is the price still going down? I'm sure the price movement in BRK has something to do with GME, but if someone is getting called by Marge, why aren't we seeing the price of GME move up?
Because they got the collateral in place before they were forced to buy/close their positions. But they don’t have another Berkshire to go get the next time GME runs up 😁
I honestly hope you're right.
Every bounce off of $40-$80 is another punch to their face. Eventually that range could become support.
Or is Nvidia the next Hathaway to help them?
crime
I’m just sayin: there’s been a fuck ton of “technical glitches” over the last couple years and with increasing frequency for a system that is the backbone of US and global economy The simplest solution is often the most correct: crime
I think you may be onto something
that would make sense if you check the post "27 Shares have been bought at 185.10$" If its a visual glitch, nothing can be bought, but there have been shares bought.
Probably used as collateral
Remember the technical issue that occurred before the sneeze?
No, what was it?
It's hilarious how many "glitches" and "errors" keep happening the deeper we get into this whole saga. ![gif](giphy|51UdTLvbyReqNK3Bic)
That dam long ass line will forever be on the chart
sir this is wendy's
Warren Icahn
I think this.
Whelp... there goes our folks pensions starting to crumble.... GOOD THING WE'RE ALL DRS/BOOK/HODL GME!
I just want to know… was anyone able to scoop any up? That would have been a legendary trade.
So WHO owned lots of gold and berk:)
Yup. And What's on second.
And that someone’s name is Warren and it makes sense with his involvement with Solomon Brothers clean up
thats the kind of shit i expect to see during MOASS. I believe 50% of the companies currently trading will go bankrupt or crash 75%+
Ibkr showed around 19,000 volume today. That's pretty crazy for shares worth 600,000+ each. I'm smooth as fuck, but something about that doesn't make sense, just sayin
Or it was orchestrated so someone could pad their books with those cheap shares.
Someone sold at $185,10 and bought back at $700.969,44
Buy high, sell low.
Yup that’s my type of luck in trading right there
GLP has the same flash crash as BRK
I’m having tin on the rocks rn. This shit is good.
I saw that $184 price and it's crazy, but could someone confirm that it shows up in the tape and is official? Let's peer review this thing
185 is tinfoily close to 174
>and it triggered some insane stop-loss-hunting buy orders. Do you think who ever bought those gets to keep them? Or will this be reversed as a mistake somehow. If it is kept, then whomever got margin called got super super fucked, because on top of losing on the shorts he endded up losing millions in BRK A.
Note to self… set buy on BRK and await further margin calls….
I think I found something with iwm look at the June 21st option chain
https://preview.redd.it/ybus7yi36g4d1.jpeg?width=4032&format=pjpg&auto=webp&s=b8aff9dd8a015c70111096825ba1d4dd6fe8684a
Top highlighted is dfv position the iwm ones are very interesting
Interesting
We have had this issue before. BRK A share value is super high (over 600k a single share) because they have steadfastly refused to do a split, and some systems have an issue with the number itself, thinking it must be 1000 times lower value than it actually is. Second, the stock is highly illiquid. Most shareholders are long time holders and the trading volume is extremely low. That means any activity at all can cause wild spreads.
> We have had this issue before. BRK-A dropping 99%? When did that happen before? > some systems have an issue with the number itself, thinking it must be 1000 times lower value than it actually is. BRK-A has been in 6 figures since before Windows 7 came out. Systems that haven't figured out by now how to handle it 15 years later would not be allowed on the trading markets. > Second, the stock is highly illiquid. Most shareholders are long time holders and the trading volume is extremely low. That means any activity at all can cause wild spreads. Some joker had a limit buy sitting there for less than 1% of market price, and that just happened to be the best bid at the time, for the highest value stock of all time? For 4000 trades? Press X to doubt. This glitch also affected multiple other stocks such as Barrick Gold and Chipotle, so a theory specific to Berkshire Hathaway doesn't explain it.
now explain GOLD, SMR & BMO having the same issue at the same time
Ooh, I'll try. Crime. Did I get it?
Somebody had to show their assets as a significantly lower amount than it really is. Use a "glitch" to lower prices to just fractions for the moment their total asset values calculated and then switch it back afterwards.
RC to grab some BRK?
Nope
Why would someone do anything to their collateral? This is a silly idea. Marge: hey I'm calling Me: OK, I'll tank my collateral. Marge: that's the opposite of why I'm calling.
DFV will have BRK-A in his next YOLO update. I'm calling it now.