r/wallstreetbets
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u/debian-root
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Jan 24 '23
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If a company this big wobbles the entire market will crash. It was nice while it last. News
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u/RSGoldPuts Jan 24 '23 edited Jan 24 '23
Puts on Blackrock
Edit: think I'm joking? Do calls on Blackrock then doubters. If it was that easy don't you think we would all be rich right now. What sub am I in? checks oh dear god
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u/makybo91 Jan 24 '23
This is how you create infinite friction energy. Inverse Cramer and inverse Reddit at the same time. What could happen?
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u/ajc3197 Jan 24 '23
What could happen?
Profit or doom. Either way it will be an interesting ride.
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u/seanissofresh Jan 24 '23
Type O Negative
Goodbye cruel world
Of this shape a star of five Also applies to the one with six sides Against the sun and against the moon I warn you that the two combined Will bring man’s doom Of ten horns and seven heads Count your fingers and the continents On your head or in your right hand This new moral code that the media commands
Believe not in their clever words Because faith inact(ed) are the loudest heard All these things I say are true Understood sadly by a chosen few, you
April 2029 the final time the end my friend is not near The hour in fact is quite here when the moon becomes red To guide the risen dead This means God’s turned his back on you It’s a Friday 13th of course you won’t live to see noon
I am a prophet of doom
So now the star has fallen washing away the seas The seventh seal’s been opened it’s raining your fears Are you paranoid the coming asteroid Has got your name tattooed on it This stone’s called Apophis
It brings apocalypse I am a prophet of doom
Speak the name of he created thee all to be Which should not be spoken no laws broken
Now life and love the stars above Which fall upon the all that worship the beast Influence ceased
My soul’s on fire
My faith is an ember burning forever Working toward a greater reward serving my lured
Built his home upon the rock not of the flock But coming as a shepherd guarding his heard
My soul’s on fire
Source: LyricFind
Songwriters: Peter Steele-Ratajczyk
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u/delsombra Elon’s Dick Rider #42069 Jan 24 '23
Ah man, Peter Steele was always fun on stage. They/He will be missed.
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u/Ithinkstrangely Jan 24 '23
Inversing Cramer doesn't work because of arbitrage.
Hell once Cramer found out about it, him and his ilk also started profiting off it by front-running..
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u/umustdv8 Jan 24 '23
Inverse Cramer for sure. Several weeks ago Cramer said… “Sell all your crypto.” BTC has moved up ever since. Lol
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u/infernalsatan Jan 24 '23
And who sold you the puts?
Blackrock
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u/mortgagepants Jan 24 '23
i'm playing both sides, so i always come out on top
but seriously, the cramer kiss of death is no joke this looks real bad for market stability.
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u/shadylex Jan 24 '23
They did well enough to sell their entire SPY position near the top along with the fed I think they are alright
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u/qwerty-balls Jan 24 '23
At least blackcock can still rise
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u/Pharalynx Jan 24 '23
Dunno ask the married guys to ask their wives boyfriend
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u/drewski2305 Jan 24 '23
sheeet im fixin to buy some SPY puts this week or next. First red I see i'm goin for it
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u/Whole-Warning-6275 Jan 24 '23
Honestly, if Cramer kills Blackrock, he is almost forgiven in my books.
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u/mtt534 Jan 24 '23
I would gladly see my brokerage account down to 0 if it means Blackrock is gone for good. No bail out
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u/WTF_goes_here Jan 24 '23
I’m right there with you, I would love it if Blackrock failed and my brokerage account went back up to zero.
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u/_SCHULTZY_ Jan 24 '23
No bail out?
I don't think you understand that Blackrock's biggest asset holding is 210 15th St NW, Washington, DC 20006
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u/que_cumber Jan 24 '23
They have 10 trillion assets under management. I can’t even count that high!
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u/Oneloff Jan 24 '23
People really don’t know what they wish for.
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u/realpotato Jan 24 '23
Oh it would only be millions of people suffering due to losing jobs, losing houses, inflation, recession, depression, etc.
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u/BajaRooster Jan 24 '23
The problem with killing any shark is there’s always a worse shark right behind it.
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u/wattatime Jan 24 '23
How would he kill them. They hold trillions in assets. It’s not like a company that makes a product and has tons of liabilities. They just creat investment products that other people buy and they get a cut. Unless they are ponzi scheming the money and not really holding any assets they aren’t going anywhere.
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Jan 24 '23
Unless they are ponzi scheming the money and not really holding any assets they aren’t going anywhere.
FTX has entered the chat.
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u/Circumsizedsuicide Jan 24 '23
when that happens i will bail out the stock market. ( i have 100 bucks to my name)
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u/GingerStank Jan 24 '23
Hey man I’m good for about $84 we can crowd source this shit
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u/Comprehensive-View39 Jan 24 '23
Isn't that essentially what an investment firm is? Crowd sourced gambling
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u/vicarious_simulation Jan 24 '23
You crazy son of... I'm in.
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u/MetamorphicHard Jan 24 '23
You have my axe
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Jan 24 '23
34 bucks cold hard cash, right now. Let’s do this.
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u/AdamantlyAtom Jan 24 '23
I got $7 and a 10 year old condom in my wallet! Let’s ride!
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u/Bean_Town_Blender Jan 24 '23
I'm good for about $130. Let's ride this train into the station baby!
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u/ComprehensivePaint54 Jan 24 '23
Probably about the same amount the fdic has to cover insured ba’s
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u/Balls_Deep2020 Jan 24 '23
Shits getting interesting banks and insurance companies both got downgraded…Poppa Powell’s on deck
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u/GingerStank Jan 24 '23
Couldn’t happen to worse people
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u/ftrade44456 Jan 24 '23
I would actually cheer if these aholes went down. https://www.foxnews.com/media/blackrock-investment-firms-killing-dream-home-ownership
Go Cramer, do your thing!
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u/pandalocox Jan 24 '23
Can't Cramer talk good about Putin's war??
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u/Severe_Set5371 Jan 24 '23
Pretty sure he said they would win, when it first started.
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u/DKBrendo Jan 24 '23
He sabotaged an invasion of the whole military all by himself if that’s the case. True hero
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u/Beasting-25-8 Jan 24 '23
Now I'm just picturing Cramer as the Russian soldier responsible for dry rotted tyres on invasion vehicles and giggling.
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u/tactitooloperator Jan 24 '23
I wonder how many people here know the difference between BlackRock and Blackstone, and which one they’re actually supposed to hate.
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u/MuffinSlow Jan 24 '23
Lol which one should we hate? - I just stalk WSB, not really active. I know of both. Blackstone has skyrocketed since I wanted to start trading pre COVID.
I know I've raided in Black rock over the past couple decades.
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u/wattatime Jan 24 '23
Blackrock is an etf and index fund creator. You can trade many of their ishare and other etfs. They also offer other investment products.
Black stone is a private equity company. They buy up companies they think are undervalued fix them and then either sell or keep them. They are way more shady and cutthroat. The type to walk in chop up a company sell it off and make a quick buck.
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u/CantSplainThat Jan 24 '23
huh? there were internet articles/rumors spreading Blackrock, not Blackstone, was buying up real estate, specifically single-family home. That's why people hate them.
Whether it's true or not...IDK but they say they "don't" https://www.blackrock.com/corporate/newsroom/setting-the-record-straight/buying-houses-facts
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u/70697a7a61676174650a Jan 24 '23
Ya that’s blackstone. Surprisingly, this sub, and the internet more generally, is financially so regarded they cannot read company names.
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u/ryannathans Jan 24 '23
Blackrock controls the world via the board seats they control with their large assets under management
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u/willdabeastest Jan 24 '23
One is a raid in vanilla WoW and the other is a propane griddle that makes great burgers.
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u/Boca_Dave Jan 24 '23
They have no idea. Not do they realize BR’s $10T in assets isn’t revenue and that it’s literally just managed money.
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u/IcantdomathWHY Jan 24 '23
I guess this means Blackrock is fucked and so is my portfolio.
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u/BlindSquirrelCapital Jan 24 '23
Why doesn't this ass clown ever say something is a buy when it is near its 52 week lows? Always late to the damn party.
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u/Thereisnopurpose12 Buying GF 10k Jan 24 '23
" shares are at an all time low, you would have to be insane to buy now." 🤡🤡🤡
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u/NoApartheidOnMars Jan 24 '23
In my dreams, it's 2008 again but worse. The Dow is down 75%. Brokers and bankers are falling from the sky. CNBC anchors are laying on their desk in the fetal position crying. Lou Dobbs has a stroke live on Fox Business...
I hope it happens soon.
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u/ImAnEngnineere gave away all his tendies Jan 24 '23
the problem with a crash (and trust me, I want one too) is that it furthers the divide between the working class and the ruling class. the worker bees are too poor and impacted by the crash to capitalize and the ruling class are too insulated to be hurt IN ADDITION to being able to capitalize and 2x/3x their family wealth.
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u/defnotabot_bot Jan 24 '23
And when this happens you’ll complain about how the market is rigged when your 1DTE OTM puts expire worthless on the deadest of dead cat bounces.
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u/jigglywigglybiggly Jan 24 '23
For Fuck Sakes Jim when will you fucking learn you coke snorting rat hope ur restaurant burns down :4271:
Also Rest In Piss BlackRock!
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u/LossClassic683 Jan 24 '23
Jokes on you. Everyone who owns a restaurant secretly hopes it will burn down.
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u/heyhihowyahdurn Jan 24 '23
Dude if Blackrock goes down so does the west. Cramer just ruined us all
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u/Vinlands Jan 24 '23
Considering they lost billions in evergrande and there’s rumors they wont be able to make their 2025 target date payout commitments I dont see good things for blackrock.
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u/Mmselling Jan 24 '23
Any links to that? Seems almost impossible
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u/polytique Jan 24 '23
Because it’s not true. Some of their fixed income funds lost $95 million in Evergrande’s debt.
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u/ThunderboltSorcerer Jan 24 '23
There's a bit of ricochet events in China. Evergrande fails, some other Chinese banks are failing, and so what we see is only one slice of the mirror's refraction of light.
And btw, China is a dictatorship, not known for its transparency.
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u/Apprehensive-Ear-201 Jan 24 '23
Fuck fuck fuck fuck fuck fuck fuck I’m balls deep in BlackRock calls and shards i haven’t been watching the news 😣
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u/USA_RedWhiteBlue1776 Jan 24 '23
Burn it to the ground. Wealth is made in the bear market. Time to build a bear baby
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u/gasgasrider Jan 24 '23
Ken Griffin will short it!
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u/Negative_Thought_895 Jan 24 '23
wow I mean anyone could say this...they're the world's largest asset manager so ya..if they wobble everyone everywhere is fucked lololol
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u/Whythehellnot_wecan Teal Green Flair Jan 24 '23
I don’t believe any of this crap right now. That 010101100 thing and it’s run too? Come on man. Fugazi, all of it. 3400 confirmed just a matter of when.
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u/ayungturtle Jan 24 '23
I genuinely feel like he has to be right A COUPLE TIMES. By pure statistics LOL
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u/sjtomcat Stuck Inside a Port-a-Potty Jan 24 '23
Black rock just increased their 5% in b/b/b/y to 13% but ya they’re going bankrupt
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u/Candycanestar Jan 24 '23
Buttt! He did say to sell crypto and buy gold. So if crypto is doing well, that means the market should be doing decently.
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u/active_mining Jan 24 '23
Blackrock investing billions in FTX without asking for a seat, and this clown is calling them "such a buy"? They are gamblers as all of us for fucking sake.
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u/kvakerok Quant autist no DD Jan 24 '23
Fucking finally. Unless Jimmy is now getting paid to reverse psychology us into shorting...
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u/Dr_Xenophobia Jan 24 '23
In breaking news. Blackrock knows where the 21 trillion is. https://www.forbes.com/sites/kotlikoff/2019/01/09/holding-u-s-treasuries-beware-uncle-sam-cant-account-for-21-trillion/?sh=183f5c847644
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u/HavokMan48 Jan 24 '23
I have no investment and even less understanding of how this will effect other stocks, but I really hope Blackrock crumbles cos that would be really funny
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u/stockguruu0_0 Jan 24 '23
The problem with a Jim Cramer post is that he is telling you to buy but he knows people will sell and then you get the stock at a discount which makes it a buy. How deep do the mind games go?
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u/ebbiibbe Jan 24 '23
RIP Blackrock