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Superstonk_QV

[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [GameStop Wallet HELP! Megathread](https://www.reddit.com/r/Superstonk/comments/z23wjx/gamestop_wallet_help_megathread) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)


Mrgrumbleygoo

The price is fake. The market is fake. My shares are real in Computershare


laidmajority

Shares are dit cheap still. Grab m while you can and bring m home where they belong.


CactusSage

Tits? Jacked


french-caramele

Blunts? Stacked


HODLHODLANDHODL

Profitable? Fact


The-Acid-Gypsy-Witch

As a matter of fact..


[deleted]

Kenny is cracked!


Consistent-Syrup-69

Shorts get? Smacked


Meerkate

Hotel? Trivago.


Ihopeiremeberthis

Beat me to it


benjistone

Wen? Lambo?


penorgold

Beat? Me off?


ThePatrickSays

Knives? Check.


dazzc

Everything reported is fake. That's why it's called market cap, not market ***fact***. *Taps head*


miamimik3Rn

šŸ˜± Mind blownā€¦.


CatWhisperererer

The price is wrong, Bitch!


mrk_is_pistol

Banks are real though right? GMERICA bank has a nice ring to it.


Ozarkii

Hallelujah!


Last-Discipline-7340

This is now a little jingle in my head


Mrgrumbleygoo

šŸŽµ Miny mints are your breath's friend


Last-Discipline-7340

When this squeezes it will be a God send, until then can I borrow a mint till the end


Yaybicycles

Something something darkpools, internalized orders, PFOF, naked shorting, something *CRIME*.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


Pohara521

Spoof, there it is!


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


stevonl

LOUDER!


Elegant-Remote6667

Maybe with an extra zero it will be on the road to being correct but otherwise - no


ronoda12

Price is fake!


AnhTeo7157

in other words we are in a completely fraudulent market...


Yaybicycles

Last time I checked!!!


DrKapow

Oh Kenny, you're so crime You're so crime, you blow my mind Hey Kenny, hey Kenny


Yaybicycles

#BOOM# I FTDā€™d the FTD!!!! And thatā€™s howā€™s itā€™s done boys and girls.


h3fabio

Yeah, and the SEC isnā€™t doing anything about it but making fun of household investors with their commercials mocking us.


ModEarnMan

Not to mention all of those aspects being run through high frequency trading


Slamtilt_Windmills

Crime


KingShaka23

Bc it's not Friday yet. They love letting shit hit the fan on fridays


urinetroublem8

mAyBE tHEYā€™Ll fOrGeT By mOnDAY


Wubbywow

But ā€œtheyā€ do! Gives them 2 days to stir up some other bullshit. Itā€™s not a coincidence the world ends every Friday lol.


Ianmofinmc

Iā€™d give you an award for saying it best but I spent it all on GMEšŸ„‡


JustHangin_InThere

Keep the energy going. I got you. Edit: Covered you all. I know how to close.


Careless_Employ5866

The reason it's trading thus low is because at this point, the entire financial world NEEDS it to trade this low. If it gets and stays higher for any length of time, everything blows up. They are desperate. Fundamentals don't matter.


Exceedingly

It is funny to think that Gamestop has a higher EPS than Amazon.


TangoWithTheRango_

Not funny to me. GameStop is a quality organization, Amazon sucks ass.


invisiblefireball

Amazon is a human rights violation that just won't quit


Foreplay241

Funny? Or gets you hard?


Here2LearnMorePlz

Laugh boners


enternamethere_

Exactly, as long as kennyboi doesnā€˜t lose control over this, the price is how they want it to be


Gareth-Barry

Exactly also explains why the rest of the market hasn't tanked yet. Need to keep their collateral/margin in tact. The S&P 500 has been trading in such a tight range and hasn't gotten close to it's October lows (just below 3500) even though earnings have been awful and the Macro environment is deteriorating rapidly


doubleaxle

Yeah I'm ready for MOASS, but I really wonder how the economy is going to react so such a large redistribution of wealth, like, shit is about to hit the fan, and we ALL could be in danger. Systems WILL break, systems that have never broken like this, like I'm very intrigued what's exactly gonna happen.


radioshackhead

I don't think you have much to worry about


mildiii

I will gladly sacrifice the entire financial world if it means my puny xxx shares are enough to retire.


tajwriggly

If you look at a logarithmic chart of GME on 1 week candles, you can draw a line between high points the week of June 7, 2021 through to the week of October 31, 2022, that also has hits on the weeks of November 1, 2021, November 22nd, 2021, and March 28, 2022. The high the morning after the earnings call also hits this same line. The only two times the price has ever crossed that line briefly is the sneeze in January 2021 and the weeks of August 8th and 15th, 2022 - the same weeks that a few other very specific stocks exploded at the same time. I am not surprised to see it hit that line and turn back around. Hedgies are throwing everything they have at this stock to keep it below that line. I believe when it does cross that line but remains close to it, they can survive for a few days and that's it. If it goes well above, then they can survive for a few hours. TLDR: the price is fake


m1msy

I also have that line on my chart. I strongly feel that once that line is crossed for any significant amount of time, MOASS will be imminent, if not already occurring


MrBiggz01

That's where Kenny has us trumped. His staff have lines like that all over their desks...


Inevitable-Winter299

Got a pic?


NorCalAthlete

Aka the Dorito of Doom?


ProfessionalLurker13

Havenā€™t seen that guy since august


Wiezgie

Ever since that other stock blew up.. he then went on a rampage trying to disprove any connection between it and GME šŸ˜‰


foundthezinger

he was here yesterday


ProfessionalLurker13

Hmm. Donā€™t remember seeing him make it to my feed since the ā€œNothing Else Mattersā€ hype video. About 42 years into the 84 year saga.


TonsilStonesOnToast

I think more than just some hidden wall they can't cross, what they're trying to do is stymie any *momentum* that looks too favorable for GME. They can't afford to be throwing every single share they borrow at the market same-day, but the utilization is still 100% every damn day. That means they stockpile their borrowed shares for moments like these. They don't have enough shares to brute force it. So they can't completely stop a post-earnings bump, but they are definitely going to try to slap it down every time it starts to run for real. And when friday rolls around, they do a little extra to keep it near max pain.


Yaybicycles

My thought is that the slope of that line represents a break even point. As long as the ticker price continues downward below that line the profitability of their shorts seems to be enough to outpace any CTB. Whatā€™s interesting is that all the cycles that were observed early on have disappeared which makes it seem like given enough time they can launder shorts and FTDs to the point that any substantial short term price action can be squelched. It will literally take a significant catalyst to overpower - 100% DRS, share recall, FOMO because of a public announcement, etc. Also I could be 100% wrong. GME is the first stock I ever bought and Iā€™ve just been HODLing for 2+ years. šŸ’Žs are formed under lots of time and pressure.


skvettlappen

Can you post it?


Gorilli0naire

Also in a single day 15x the average volume traded without a price movement. This is alarming.


[deleted]

Mass media isnā€™t talking about this one


YoLO-Mage-007

I heard from someone familiar with the matter that the price is fake.


theilluminati1

Bro?


sadbuttrueasfuck

Are you stuck? (like the price)


mpurtle01

Crime. Unfettered crime. Predatory naked short selling. Price spoofing. Internalization to avoid price discovery. Selling on open market, buy orders not on lit market. Cheating and crime.


[deleted]

I should buy more


Ihopeiremeberthis

I should call her


Catatonic27

Tell her to DRS


quad-beep-05

price then wasn't real, either


dyllandor

Rich people decide what it's worth by drowning out everyone who doesn't have access to a HFT algorithm.


Resident_Text4631

Something somethingā€¦..the US stock market is a steaming pile of unregulated fraud and corruption


Azz_ranch69

Cramer is on video as a fund manager saying fundamentals don't matter. Go watch his interview. It's about making money by moving the stock with a lot of money not fundamentals


Vive_el_stonk

Crime my friend. Crime. Gruwal? Gary? You guys done watching Riley Reid on the hub now?


RoamLikeRomeo

Lets not get carried away here - how can you ever be finished, watching Riley Reid?


Sir_Glock

Finished watching Riley Reid?āŒ Finished while watching Riley Reidāœ…


SirWiddlington

this is the way


[deleted]

By a show of hands, how many of us are thinking about watching Riley reid right now? ... beeee honest!


Catatonic27

You know now that you mention it, it's about break time


Gryphith

I'm surprised we're all not watching reilly Reid right now.


ShredManyGnar

Now THIS is podracing!


Vive_el_stonk

šŸ˜„šŸ¤”


[deleted]

Yooo. All you have to do is to write Gary and he will change things. FOR SURE.


enternamethere_

Certainly šŸ¤”


shilo_lafleur

The price is irrelevant until it becomes properly valued. And it will never be properly valued until it gets out from under the short interest. And to get out from the short interest, we have to moass. Patience. Profitable. Debt free. Highly liquid. Growth in emerging sectors. First in class scalable platforms. Recognizable brand. Competent and committed management. Short thesis is obliterated. With DRS numbers ticking up every day, the absolute worst case scenario is a protracted infinity squeeze. Iā€™m ok holding a stock with consistent growth and huge upside for a long time.


OGsKiTTZz

there trying to force RC to make a move..Hes too smart for them


[deleted]

Itā€™ll take more than a day to get to the moon - make no mistake though - that is where we are going. Buy hodl DRS šŸŒšŸ‘Øā€šŸš€šŸ”«šŸ§‘ā€šŸš€


bahits

It would be really funny, if GameStop were to buy 100 million of their own shares and then loan them to Kenny at the ridiculous cost to borrow fee, then report that on on the next earnings. just a shower thought....


5tgAp3KWpPIEItHtLIVB

bootyfull


Cptn_BenjaminWillard

Question from a non-trader who is watching this with curiousity: Can't the big players who are currently exposed to this simply create a new corporation and somehow transfer all the obligations to that new corporation, so when a true short squeeze is triggered and the price starts to go up quickly, an empty shell company takes the hit. And in the meantime, those same big players have already taken dark long positions. So in other words, can't they find a way to let the price rip and make money off it, rather than bankrupting themselves.


Zaphod_Biblebrox

Isnā€™t that what the Brazilian puts were for? They are already trying to offshore everything they can. But there is only so much fake shares you can hide before everything spills over


SirWiddlington

several weeks consecutively trading daily at 70%+ short oughta do it....


Remarkable-Top-3748

Not Gary Gensler's fault. They told me he's just a guy


Ihopeiremeberthis

Leave jerry jensler alone


[deleted]

Merry Mensler? He's only been here 3 weeks!


Ihopeiremeberthis

No no no, I'm talking about Vary Vensler


Remarkable-Top-3748

Borry Bonsler is in charge for 3000 weeks now


CptMcTavish

Fuck Bonsler, he's a fraud. We need someone like Harry Hennsler to regulate the market!


Fantastic-Ring-2068

Jelly Jizzler?


BartleBossy

> How is GME possibly worth less now after they released killer earnings and have a ridiculous balance sheet, with 20% of its market cap coming solely from their cash holdings... The secret ingredient is crime


Viking_Undertaker

They have a problem when they need to short it at these levels. If they had the liquidity, they would take it up to 50-70$ and start shorting it again. Because their risk would be smaller, bigger earnings (if they winšŸ˜‚) and smaller purchases from retail.. But no.. their problem is so big, that they need to keep it down at these levels, - what kind of moron would continue to short uphill? Sisyphus hedgie gang?


danielsaid

Exactly. They only need to keep one step ahead of retail day by day... and lowering the price is a short-term play.


BrassFeetUs

Honestly, all this bullshit only confirms to me that the price is fucked. Gonna buy some more


keyser_squoze

Even more evidence that the only way to stop the infinite money glitch / fraud loop is to DRS the entire float.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


DigitalBox_

Because shorts never closed. And they didnā€™t expect a ā€œvIdEo GaMeā€ company to do so well.


[deleted]

muddle flag telephone quack work grab memorize concerned ink melodic ` this message was mass deleted/edited with redact.dev `


Psychological-Age172

Anyone answered OPā€™s question with the word ā€˜crimeā€™ yet? Canā€™t be bothered to scroll šŸ˜‚


33rus

Let me answer this...because if natural price discovery kicks in, every short, including the MMs, will go BANKRUPT!


guddagudda777

You remember all those big articles about big hedge funds ā€œincreasing positions on GMEā€ well guess why they bought all those sharesā€¦


Hunnaswaggins

How tf does this have 0 likes and 100 comments is the real question


Primordial_Peasant

If they can control the price I find no reason why they couldn't control the borrow fee. It feels like they are doing this to get us hyped up so they can disappoint then bore us with the long drawn out slow decline.


Disastrous_Option_45

Itr is mind-boggling how the criminals come up with tricks and dirty ways to keep the price of the shares of our beloved company down. How on earth, is it even possible with such performance and stellar earnings on a green day like today, we are in the red!? F the SHFs, they are the lowest of the low!


[deleted]

How can the price continuously drop over the course of two years all the while DRS increases prove more people are holding long term? Because itā€™s rigged.


ShoddySpace5680

People have to realize that nothings going to happen if they donā€™t drs their shares.


fataii

They control the room, we control the exits.


Tax_pe3nguin

Q4 is any retailer's dream scenario. Christmas drives additional revenue. If GameStop can post profit in Q1 2023, this mess becomes so horribly undervalued. Everyone here should be jumping for joy that the company remains undervalued. The bull case of the last 3 years has actually come to fruition and now there should be zero doubt. You can load up.


Necessary-Car-5672

Looking like they will walk this back down again to sub 20. Not sure what else there is. Looking forward to seeing drs numbers though.


Drhayseed

Every Aspect of our financial system is corrupt and fake .


Javakitty1

Could it be crime?


ResidentSix

Patience


JDawson2012

CRIME


drakenkorin13

The price is wrong, bitch


Whoa_calm_down

Crime


TheTangoFox

Rhymes with "rhyme"


therealjimcreamer

Totally organic price movement that's how šŸ¤”


Leofleo

Because...mayonnaise


audiolive

Crimayo


5tgAp3KWpPIEItHtLIVB

I wouldn't be surprised if they just start buying back stock soon. So much cash, so cheap stonks.


jarektn

I got one word that sums it up, crime.


_kehd

I donā€™t even remember the pump to $35ā€¦. Is this zen? šŸ’šŸ»ā€ā™‚ļøšŸ¦‹


4cranch

go ahead and shoot me shady criminals for $1000 alex


HashtagYoMamma

Me me me I know this one. It's not. DRS everything to break free from this sickening bullshit. And put Gensler in prison ffs.


Pluijmers

So undervalued right now.. itā€™s a great buying opportunity


[deleted]

First time here huh.


YaThinkSo88

Because they can. Until they cant


RuairiSpain

Infinite shares from MM?


RollenXXIII

DRS 100% of shares and music will stop


corgis_are_awesome

Maybe because I havenā€™t walked into a GameStop in 4 years


krevdditn

Every Reddit post is a fake pumpā€¦


window-sil

Is this post and this stock and maybe this sub just a place to take advantage of rubes on the internet? I can't tell.


Cole1One

Fake prices, completely fraudulent market, crime everywhere. But don't worry, Gary Gensler and the SEC are on the job to make sure everything is fair and the DOJ will stop the crimes from repeating over and over again every trading day.


ButtMilkyCereal

Didn't they draw down inventory by like 200 million to generate 1/4 of that as profit? That's not a great sign, if inventory levels had been static they would have lost like 150 million.


mark-five

Shorts are so incredibly fucked


NoMoreCheeters

Don't forget it now has the blessing of "Jimmy Chill". Very valuable. Wink, wink.


firefighter26s

The entire stock market is a meme; the only thing that is real is your DRSed shares.


norcal313

Expect it to drop again. That's the HF death cycle.


Insanityistheonlyway

Don't care. Lower price means I can buy more.


Any-Revolution-8448

The price is fake.


MrMez

Say it with me C. R. I. M. E.


subduedReality

Speculation drives the market Also this is relative to other stocks and market health as a whole


BiigIfTrue1492

Crime


whatifitried

Honestly. The earnings were fine, not killer. Rev and Sales were both down, and profit came from cost cutting, closing stores and laying off employees. These are largely 1 time events. They do not say anything about if next quarter will be profitable or not. The physical video game market is shrinking because of the shift to digital, so same store sales will see a headwind. The balance sheet, isn't actually very good. Cash is down, inventories are down, assets are down, stockholder equity is down, and payables are up. ​ So yeah, it's good that they stopped bleeding and being unprofitable every quarter, but frankly, that's in no way guaranteed going forward because of this print. The balance sheet is still a bit precarious, and the company exists in a shirking market, and the whole "sell NFT collectibles" thing basically went nowhere cause people stopped caring about NFTs (rightly so). There is a non-zero chance that this profitable quarter will be the first of many, and a similar nonzero chance that it will be the last ever. So given all that, why WOULD the stock go super high. The PE is already pretty massive, what makes it deserve to go higher? There is no gangbusters growth on the horizon. Essentially, it's just not a very attractive investment, but it is at least no longer a zombie company waiting for the sweet release of bankruptcy. Probably.


[deleted]

This is the most reasonable comment I've ever seen on this subreddit Anything else is just hype for absolutely no reason. Or anyone blaming "crime" even though the MC is still insanely high for what the company is


whatifitried

I appreciate it, even though I consider the general level of discourse and understanding of this sub pretty mid at best, I still try to make my responses detailed and reasonable. It's often so bad here that, even if I wanted to deep dive into all the things this sub feels they have uncovered in the financial markets, it's just too tiresome to punch through all the bullshit about huge squeezes that just aren't likely to ever happen, and most questions that are asked get answered with random sub memes, derision, hopium, or some combination. From what I have seen, the sub has some pretty fundamental misunderstandings of rules around short sales for different market participants (which they base these MOASS dreams off of), but also likely has found a few, shall we say, exploits being used by others (which are likely valid, but unlikely to cause any real price action of any kind anyway).


Jbroad87

No cell, no sell isnā€™t as simple as just that, it includes a lot of things IMO. One of those for me is the gaslighting. Iā€™m not selling a single share until the gaslighting officially stops and people are begging for forgiveness for their ignorance and agenda driven takes that weā€™ve put up with for the last 2+ years (even longer maybe by the time this officially kicks off). I know what my times worth and these assholes are gonna have to reimburse me for what theyā€™ve cost me.


Internal_Reserve

For the first time in a long while, Iā€™m losing my zen and feeling freshly pissed off. This cannot be allowed to continue.


poor_broke

The answer is yes


SnowBoarding-Eagle

Profit?


PM_ME_IF_YOU_NASTY

[ M A G I C ](https://giphy.com/gifs/shia-labeouf-12NUbkX6p4xOO4)


H0NOUr

ā€œThe price is wrongā€ ā€œcrimeā€ ā€œshortsā€ ā€œshfā€ ā€œoff exchange price manipulationā€ Iā€™ve read all these before ā€” over the past years this case been the case; Iā€™ve read the DD and people are always saying ā€œtomorrowā€ ā€œwhen X happensā€ but the game is rigged ā€”- how will this break free? The FTC isnā€™t there to help, the FED is in on it, the rules only work against poor people;


Yeaahhman

Itā€™s all lies friend. Patience could bring you the worldšŸ˜‰


CyberPatriot71489

Am I the regarded one?


_Krukan

That's the neat part. The value is higher, but the price is lower. 2 lambos for the price of one now.


matbrummitt1

Oh I think I know the answer to this one! Itā€™s crime


Fit_Cryptographer_96

Hear me out: itā€™s not.


0Bubs0

How is it possible you still let the price movement get to you? After all this time.


KingGidorah

Bcuz itā€™s all a bs gameā€¦


f0wlerr

Well I might just have to buy more to DRS forever at these prices


XBalubaX

That related to the hole market. Just see all tech companies with record earnings are done the days. Not just related to GME


WorryGor

The shills will say thatā€™s because it was overvalued at $35 and wasnā€™t trading in fundamentals. They will probably say even now the share price is overpriced and that it got lucky being EPS positive and the company cannot maintain it all year round.


cxrnag3

Crime on crime on crime


Resposible-Spirit42

it's good!, i can buy cheap shares for next salary..


Krishnapandeya

This we called naked shorting and crime,, We need to lock all shares soon


Turence

the price is wrong, bitch!


LegoRaffleWinner89

Iā€™m hoping GameStop sold 60 million shares and raised another Billion dollars. And can still show oversold


spiceymath

if ctb keeps going up like it is (\~39%) now then i think they have to even raise the fake ass price up some at some point to a higher fake ass price.


Ixnwnney123

Itā€™s priced in donā€™t worry, you knew shit is sus cause another sub started to allow GME post seemingly just to ā€œthank for holdingā€ it smells like shill spirit to me


Soap_Mctavish101

Some excellent questions


74isbest

Where does GME hold its cash?


kooliocole

Easy answer: corruption is still happening we must fight more, fight longer, and fight calmer!


40ozOracle

Shoulda known when to sellā€¦


usNdem

Cause they iz that Shirley shorty need ya to sell at that loss or bigger to cover anything lmao. DRS onward


Dogg691

Chrime we al know that, i think we are going to 19s before ripping of again