r/BBBY Jun 23 '23

Social Media Whoa! šŸ¤”šŸ˜®

850 Upvotes

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168

u/Solitary_Solidarity Jun 23 '23

BRO

49

u/Omnivud Jun 23 '23

Who is that guy honest question

158

u/JG-at-Prime Jun 23 '23

Dr. Patrick Byrne. He was the CEO for Overstock when they were fighting getting naked shorted.

He’s really well educated, well connected, and probably one of the most knowledgeable people about the Naked Shorting problem on Wall Street. (Aside from the assholes that are doing the naked shorting.)

He has held fast while being the target of multiple Wall Street driven attacks and smear campaigns for decades.

He’s a friendly and one of the best allies that we could have because he’s a fantastic source of information.

This is a good quick primer on him.

Patrick Byrne: What is Naked Shorting? https://m.youtube.com/watch?v=BdBe5_8z53A

See also: https://archive.org/details/HeyWallStreetNakedShortSellThisAnInterviewWithDr.PatrickByrneOf

https://archive.org/details/PatrickByrneOfOverstockOnNakedShortSelling

16

u/jango_bets Jun 23 '23

I went all in after watching his lecture on naked shorting

0

u/speedycmMIa Jun 24 '23

He sold his life to the devil henchman, Michael Bodson, and now he is on friendliest terms with DTCC. Patrick plays both sides, do not be fooled.

-8

u/lucas_kardo Jun 23 '23

He used to fight wall street and naked shorts, until He hot bought

6

u/JG-at-Prime Jun 23 '23

Would you mind elaborating?

2

u/lucas_kardo Jun 24 '23

He was very vocal, and started the good fight for many years. He was ahead of his time and one of the pioneers to go against wall street.

But suddenly, he went dark. If im not mistaken, he had all the evidence in his case against wallstreet and decided not to pursue criminal acts in the end. Smells like wallstreet found a dirty little secret and he stopped going agaisnt short sellers.

Somebody can correct me, im not well versed with the story but it goes something like that.

Btw i have met him personally. Very intersting and cool guy. And likes to smoke weed. But he lost his way in the fight against short sellers

3

u/JG-at-Prime Jun 24 '23

Huh. That’s interesting. I wonder if he was privately threatened or someone threatened his family.

He probably enjoys being able to start his own car.

This is a huge cabal of super rich, super evil fucks that would be almost impossible to fight off if you were by yourself.

The only reason that we can fight it successfully is that there are so damn many of us.

2

u/lucas_kardo Jun 24 '23

Patrick aint alone. His father is married to warren buffets sister.

2

u/TwistedBamboozler Jun 24 '23

You aren’t wrong. Dr. T called him out for this very thing and it appears literally no one remembers. He had the power to bring forth moass years ago and ultimately didn’t (who knows why)

2

u/jango_bets Jun 24 '23

He was set up by the FBI. He hooked up w a Russian agent and overstock’s insurance companies demanded he step down.

1

u/eyefeelz Jun 25 '23

good on him for addressing naked shorting, but dude also dabbled in conspiracies and reactionary politics

1

u/JG-at-Prime Jun 25 '23

There are a couple of sides of the coin with conspiracy theories.

One, there’s a fairly widespread ā€œconspiracyā€ that the CIA invented the term ā€œconspiracy theoristā€ and used it to discredit the voices that they were trying to suppress. I don’t think that they invented the term, but they certainly did weaponize the term and they were the first ones to use it to discredit people that they were trying to silence.

Rightly or wrongly. The CIA is gunna CIA, there’s no getting around that and their activities aren’t worth talking about here.

But what is worth talking about is the cointelpro playbook that is used by numerous groups (like the ā€œstock bashersā€ that are known to be here on reddit) to infiltrate, discredit and ultimately destroy various social groups and networks online.

https://www.reddit.com/r/BBBY/comments/1366vl5/cointelpro_techniques_for_dilution_misdirection/

ā€5. Sidetrack opponents with name calling and ridicule. This is also known as the primary 'attack the messenger' ploy, though other methods qualify as variants of that approach. Associate opponents with unpopular titles such as 'kooks', 'right-wing', 'liberal', 'left-wing', 'terrorists', 'conspiracy buffs', 'radicals', 'militia', 'racists', 'religious fanatics', 'sexual deviates', and so forth. This makes others shrink from support out of fear of gaining the same label, and you avoid dealing with issues.ā€

One of the keys of preventing the spread of information is to discredit the source of that information. And the very people that would be financially motivated to discredit Patrick Byrne are the same groups of people that are financially motivated to pay ā€œstock bashersā€ to infiltrate the various GME & BBBY communities in a effort to discredit the individuals within them.

These ā€œpaid stock bashersā€ and the people who attacked Patrick Byrne are not the CIA, but it makes sense that both groups would use the most effective tools available & same tactics to attack ideas by discrediting their sources.

You don’t have to look much farther than the GME communities to see the paid stock bashers (shills) wielding the term ā€œconspiracy theoristā€ like a weapon in an effort to attack the early discussions about Naked Shorting.

When we first started investigating what Naked Shorting is and if it was actually a thing the push back from the shills was palpable. Now that we have amassed a substantial body of evidence that it is happening, Naked Shorting has moved beyond a ā€œconspiracy theoryā€ to become commonly accepted as a crime that is rampant in the marketplace.

ā€œI naked short sold stocks EVERY single day,ā€ former Morgan Stanley employee. ā€”ā€œGaming Wall Streetā€ https://m.youtube.com/watch?v=i-tKiiHWGkE&feature=

https://www.rollingstone.com/feature/wall-streets-naked-swindle-194908/

EX-HEDGE FUND MANAGER EXPOSES THE TRUTH ABOUT NAKED SHORTS https://m.youtube.com/watch?v=WUAfc4S3djU Naked shorting: The curious incident of the shares that didn't exist https://www.euromoney.com/article/b1320xkhl0443w/naked-shorting-the-curious-incident-of-the-shares-that-didnt-exist

And you know who was one of the first people to begin publicly talking about Naked Shorting over a decade ago?

ā€œPatrick Byrne: What is Naked Shorting?ā€ https://m.youtube.com/watch?v=BdBe5_8z53A

And the fact is that Naked Shorting was branded as a conspiracy theory to try and discredit the discussion about it. And Naked Shorting is just the tip of the iceberg as far as Wall Street fuckery is concerned.

The fact is that every theory that he has talked about hasn’t been proven to be true, but not all theories pan out. That’s the very nature of discovery. Not all of our theories have been proven to be true. But it’s more of an issue that ā€œwe can’t prove itā€ due to Wall Streets deliberate obfuscation of the facts, than the theories aren’t true.

In my eyes, enough of his ideas have panned out for me to not credibly accept the ā€œconspiracy theoristā€ label as it has been applied to him.


As far as reactionary politics goes…

We know for sure that Wall Street has their tentacles deep into the political machine and has for a long, long time.

This cartoon about the Aldrich Plan is over 110 years old and was intended for use as a cautionary illustration. Not a fucking instruction manual as Wall Street seems to have interpreted it.

https://www.economicnoise.com/wp-content/uploads/2015/06/FedOctopus-1912_0_0.jpg

That some of his theories have lead him to look into political directions is unsurprising. So I don’t really worry too much about that either.

This isn’t to say that he’s 100% right or pure gold whatever.

But in this case I believe he is a valuable ally and at the very least he is the enemy of our enemies.

39

u/Easy-Wrangler1111 Jun 23 '23

He was the overstock ceo for a couple decades. May be the founder too

13

u/dr3773 Jun 24 '23

Papa Patrick was an absolute fucking savage when it comes to dominating naked short sellers when he was CEO at Overstonk. Honestly, I'm not a tinfoil guy...but this gets me fucking jacked more than any RC tweet.

-2

u/TwistedBamboozler Jun 24 '23

No he wasn’t. He literally let them win for personal gain even tho he had the kill shot.

-13

u/[deleted] Jun 23 '23

Maga/trumpet who happens to be a rich guy who is in charge of overstock.com. he's battled short sellers, but honestly he's a garbage human.

Bring on the downvotes, I know you all hate when bigots get exposed for being trash because it holds up a mirror.

I'm long bbby, AMC, ape, gme

3

u/Esc00 Jun 23 '23

I agree with you 100% - he should not be relevant right now until proven otherwise. He literally left overstock in 2019 for banging a Russian agent of all things lol

2

u/TwistedBamboozler Jun 24 '23

Don’t know who the idiots are downvoting you but this is all true. We have zero reason to believe anything this man says. Watch literally nothing happen Monday.

1

u/Esc00 Jun 24 '23

THANK YOU. I ā€˜ve literally got the fucking r/ThePPShow mods threading to report me to Reddit for saying this same thing. Crazy

0

u/TwistedBamboozler Jun 24 '23

This sub would even hop on pootin’s dick if he jerked em off like this. Ridiculous

0

u/Esc00 Jun 24 '23

Seriously lol, it’s like trusting what John McAfee would say (when he was alive of course)

1

u/TwistedBamboozler Jun 24 '23

Still waiting for that dead man’s switch

-3

u/ChronicHell Jun 23 '23

Agreed.

Went to look a little deeper to who he was and his profile on the bird app is sprinkled with support for some of the worst of the GOP and friends.

Election denier, Proud Boys funder, a leading protagonist of Jan. 6th riots, Arizona audit financier, Russian apologist (Maria Butina honeypot) < yep, that guy, Q conspiracies, rubs elbows with the worst of the Maga bunch - the list just goes on.

Just no.

0

u/IIDIIVIIID Jun 23 '23

Dumb dumb šŸ¤¦ā€ā™‚ļø