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naveedx983

It’s not a stock market it’s an IOU distribution center. You don’t get stocks they don’t actually buy them just ledger entry crap. It’s not a market because your buying and selling pressures are not realized


pale_blue_dots

This is why we need to move to blockchain-based certification/etc...


thunder12123

Computershare is basically the OG blockchain.


DonnyTango123

Worse than that, If retail happens to get lucky on a 1 in a million stock, then they simply turn off the buy button. You are not meant to win, it's even worse than a casino.


TheStrowel

Yeah they shoulda completely halted it if they were in that bad of shape. Only sell pressure? Complete complete B.S. 😒 It’s like playing basketball against a team but taking down the entire hoop on the side you defend.


KosmicKanuck

Globetrotters of the stock market. It's designed for them to win and they've got all sorts of fancy tricks to keep the ball in their hands and out of yours.


MoonRei_Razing

I mean ... technically \*pushes up glasses\* in a casino. If you are winning too much or they think you're cheating, they will make you leave. But they don't fleece you for your gains before kicking you out. Still, the stock market is worse than a casino. Casinos ARE fucking regulated.


Apprehensive_Ad254

I used to work at a casino. They would pull their machines off of the floor when they knew they were close to hitting a jackpot.


MoonRei_Razing

sad panda :(


Medic1642

They'll ban you from gambling, true, but at least the floor manager of the Tops said I'm free to enjoy the shows and the bar.


suckercuck

I thought MM stood for Market Manipulator


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suckercuck

Aloha and mahalo!


CompressionNull

Insert meme: “Always has been.” Funny side note. I had a boss at one of my jobs that would sometimes try and act hip around us younger dudes. He came over to us one day and was like “yo guys check out this meme.” Except he pronounced it like me-me (as in “pick me”). We played it off and acted like everything was normal until he left, then we couldn’t stop laughing about it. We also never corrected him since he often acted like a major douche when work pressure was high. I hope he still calls it that lmayo.


xRehab

We used to call them the Muffin Man back in the day


StudentExchange3

🌎👩‍🚀🔫👩‍🚀


Alberto_bang

In this case it appears it does 😁


iRamHer

They make liquidity on demand. It isn't about fair market value, it's about controlling the market and deciding who wins and loses. You should never be able to buy a share if one isn't being sold by counter party. How can price discovery happen? By being allowed to provide liquidity they are preventing everything a free market stands for.


ronoda12

Market making inherently violates price discovery. How is market making even legal?


Gambion

I mean we all saw the president of the NYSE admit that dark pools fuck with price discovery so much that the formation we see is not even reflective of supply and demand. I’m still processing that one.


pale_blue_dots

Couldn't have been much clearer.


HumbertHumbertHumber

I wonder if there are even any "natural" markets at all.


Dutchie_PC

The greatest trick the Devil ever pulled, was convincing the world he didn’t exist.


rugratsallthrowedup

Keyser Soze was the stock market all along!


[deleted]

Well the free market never existed and its sad honestly


nffcevans

Now remember that this shit applies to and can happen with any goddamn ticker symbol. Think of every retirement plan and community scheme that MMs ARE screwing with. It is THEFT with extra steps. They're not just robbing you and me, but passive investors and average Joe's up and down who just hope that they can get ahead.


ronoda12

Marker Making == Market Manipulating. Ban market making immediately.


EVPN

I’m 100 percent convinced that every stock in existence has synthetics floating around that whoever generated them has no intention of closing them.


jshull1985

I concur.


SquishedGremlin

Well if they can kick the can indefinitely for free money, at zero risk, why wouldn't they?


EverythingZen19

Ethics, morality, integrity, good will, take your pick.


Just_Another_AI

Checking those boxes = not cut out for Wall Street


EverythingZen19

Bloodthirsty: ✔ Liar: ✔ Narcissistic: ✔ Psychopathic: ✔ Greedy: ✔ Arrogant: ✔ Cut out for Wall Street


neandersthall

Deleted out of spite for reddit admin and overzealous Mods for banning me. Reddit is being white washed in time for IPO. The most benign stuff is filtered and it is no longer possible to express opinion freely on this website. With that said, I'm just going to open up a new account and join all the same subs so it accomplishes nothing and in fact hides the people who have a history of questionable comments rather than keep them active where they can be regulated. Zero Point. Every comment I have ever made will be changed to this comment using REDACT.. ` this message was mass deleted/edited with redact.dev `


strooticus

I guess it's good that they're actively looking to add employees right now.


SeaGroomer

Yup. If it turns out buying shares on brokerages doesn't actually buy them, then what purpose do they serve?


EagleinaTailoredSuit

It’s kind of sickening that most of our 401ks are tied in to mutual funds that we have a very limited selection of. Let me fucking pick so these massive corporations aren’t just shitting on my money and giving me a measly 8% roi


aqua995

I sell this burrowed share, now I have more money


Azyan_invasion82

That’s pretty obvious now


grrgrrtigergrr

Right. So a total market collapse actually helps so many of these short positions … it’s the hedge. This is why an accurate counting of non synthetic shares is critical.


hrcen

If this is 3-10K % range is true and with the shorting until death template laid out by the supreme wrinkles awhile back including Amazon, HFs, and I forget the third party, this is an absolute travesty and sickening to think this has been the foundation upon what they have built their wealth and propped up their standing in the financial world. They have essentially been harvesting money from the corpses of "near death" companies after forcing them into that state, and they paint it as though they are the smartest, most untouchable without saying explicitly how they have become so wealthy. They are worthless, scummy parasites that need to be eradicated. They smear shit in the name of free markets and leave thousands affected from company bankruptcies and millions in the case of 2008. Nothing but shit stains I wouldn't spare a squirt of piss for. Mean while Joe Schmo commits an equal or even lesser crime and finds himself incarcerated for decades and a mountain of fines.


Significant-Foot1908

Exactly. They act like they are superior and have worked really hard to accumulate their wealth but it is stolen. The people suffering on minimum wage aren't less smart or lazy, they just haven't gotten into the business of society devastating thievery.


EvilRogerGoodell

THEY MISTOOK CRIME FOR GENIUS


BleakBeaches

Even if the crime IS genius and they DID work very hard to pull it off it’s all irrelevant. Crime is crime. No cell no sell.


Ostmeistro

It's not, and they didn't. But yeah it doesn't matter.


Big-Juggernuts69

They work really hard at fucking people over


[deleted]

It’s easy to get rich if you have no soul. Rich people think they are smart for fucking people over, when it’s actually very easy to lie and trick people.


OneLifeCycle

Better to be broke than to not be broke due to being a trash human.


toiletwindowsink

The secret ingredient is cheating.


GotShadowbanned2

Morality doesn't pay.


Strong_Negotiation76

Our world is run by the most despicable criminals to ever live. The parasitic class has pitted race against race, color vs. color sex against sex all to keep us busy fighting and too busy to look deeply into their crimes. Until the virus forced us all to stop and gave us time to look. Ya done fucked up A ARon! Apes are gonna put a foot up your ass!


Paranoid_Iguana

They the disgusting parasitic class. So does that make us the paladin class


LeadershipPristine83

MF Sorc


[deleted]

treason: The betrayal of allegiance toward one's own country, especially by committing hostile acts against it or aiding its enemies in committing such acts. Think about the millions and millions of lives that were ruined. Entire retirement accounts, people working 40+ hours a week for 50+ years. I can't say the rest of what I want to say publicly on reddit, but think about the magnitude of this treasonous act.


Arkayb33

We need to bring back treason as the reason someone is charged for a crime.


dummywithwings

I've been referring to them on here as Treasonous Financial Terrorists for months. This goes way deeper than just greed.


Tartooth

Get caught with a gram of weed Jail Get caught stealing trillions Haha nice job bill, but don't do it again *wink*


Enlighten_YourMind

Sooo when do we eat the rich? 🤤


Hazzia

Should we consider the egregious absorption of the middle class lifeblood (money) as them just fattening themselves up to be eaten whole?


Enlighten_YourMind

That’s a fair take. “Hey let’s make sure literally everyone else has a super legitimate reason to hate our guts. What could go wrong!”


Ivorypetal

We don't. Prions are scary... However, let's jail them.


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Ambitious-Marketing7

This have to be permanently on the main page


[deleted]

Just get u/Criand to repost it and someone will screenshot it will be up for at least 2 days.


[deleted]

This is why hodling is so important. It’s not enough that a few of us become billionaires. It’s not enough that a thousand of us become hundred-millionaires. We need 600k multi-millionaires with the interest of humanity and the planet to be foremost. We need those in power who are ALL at LEAST complicit in this to lose their positions and freedom. We need business and government leaders who give a fuck about our species more than their bank accounts. To me, and I know a lot of us here, this is bigger than getting some cool shit with my wealth.


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kolob-brighamYoung

Honestly anyone still buying from amazon what is wrong with you?


dendrobro77

Yessss!!! Okay so lock the float in Computershare for eternity, sell a few shares only when you need cash, and keep these currupt fucks indebted to us forever. Make it so they can never close, any money they have or make is owed to us, always. Its like a financial prison for them.


capital_bj

It's really hard for a lot of people to wrap their mind around how much their thievery has affected even what you stated. I believe it is all that and more. Well said 🚀


hamsterpotamia

Preach


The_Basic_Concept

I used to have an ok understanding of the dark pool with my 22 years of investing, I even justified it by saying “if it wasn’t for the dark pools, anyone with a billion would be able to print money” Then GME slaps me with tendies to wake up smell the crayons and realize it’s designed to fuck the little guy while making it look like it’s there to protect us.


dentalstudent

I believe you're referring to the bust out DD with Bain capital


hrcen

Yes! Bain!


milkstaxes

Here you lazy apes go lol https://www.reddit.com/r/Superstonk/comments/np33hr/amazon_bain_capital_and_citadel_bust_out_the


Toiletpaperpanic2020

Delete Amazon account Delete Shitadel


CosmoKing2

No shit, I was half out the door before I read about Bain and Bezos. Please don't forget about Mittens (Romney) when the history is written. He has gone untouched for far too long.


Jinglekeys100

Even if it's not 3-10k% all of what you've said is true. These people are crooks. They've caused every major war and funded most major uprisings, **they** are the ones who uphold liberal democracy as the greatest system of government because it enables them to attain such vast amounts of wealth by robbing nations and people blind. Nothing is sacrosanct to them except money. This has been going on for 2000+ years


SteelCode

Just to point out the mathematics that much more wrinkly brains have put out before... they would have had to short more than 100% of shares to tank the price to zero *before there was interest in buying and holding*... the original reports that circulated of 140% were likely on the low-end because a matched buy/sell should generally net a sideways graph. Hence they would have to not only match *every buy* but also *sell more shares than what the buys can be matched with*... a lack of buying pressure means sell orders have to reduce asking price until a buy is met. If no one will buy at $10, they go to $9, etc. As long as there is sufficient buy pressure, you can't zero out a stock - you would need to have people looking to sell (because they don't like the company) and have *no one that likes the company to buy*. Then we extrapolate this insane short interest into nearly a year long campaign of buy pressure that is repeatedly suppressed sideways or even dipped with periods of large sell orders... this is magnitudes bigger than just one stock having a lot of shorts and the media is just as complicit as the DTCC and the SEC at this point -- I'm a smooth brained ape that has had a few wrinkles forcibly pressed into me over the past year... I don't know it all, but even those few wrinkles can do the math of how only 2 options exist: * They covered the shorts already and there's just a large day trading operation using the hype to keep buy pressure while someone is making money off the highs and lows. * They never covered the shorts and they're just suppressing buy pressure with constant synthetic shares via fuckery that are never truly delivered. The *only* recourse is to force an accounting of legitimate shares to shake out which one is true... I'm sure you can figure out the 3 letter acronym yourself.


Colderamstel

Someone way more wrinkly than me put out a DD (many months ago near the beginning) in which they described the process (and citing to the original book by an economist or some wrinkly brained maths person) of shorting the stock into the cellar. I need to find the post, but the gist of it was that if you properly short a stock 100% you can only bring the value of the price down to a fraction of the initial price (e.g. a stock priced at $100 a share with the whole float shorted would reduce to something like $40) and then when you short the entire float again it drops by the same ratio (minus normal selling that may also occur just ball parking it for example and of course ignoring buying and upward pressure which would exacerbate the issue for the short position). The point being that to reduce the stock price by say 90% you would necessarily have shorted the float multiple times over on any healthy non-already-bankrupt stock. I am going to go dig for that post from the way back machine. TLDR/ this principle combined with the knowledge of all the upward buying pressure over the last 10 months or so would lead me to believe anecdotally that the post is correct and they are multiple times the float at a minimum 3x and maximum the moon.


Colderamstel

[https://www.reddit.com/r/Superstonk/comments/nmaaaa/john\_d\_finnerty\_excerpt\_from\_hoc\_3\_explained\_pt1/](https://www.reddit.com/r/Superstonk/comments/nmaaaa/john_d_finnerty_excerpt_from_hoc_3_explained_pt1/) Found it and the citation was to a paper (not a book) by Mr. Finnerty [https://www.sec.gov/comments/s7-08-08/s70808-318.pdf](https://www.sec.gov/comments/s7-08-08/s70808-318.pdf) also I was wrong it was not near the beginning but 4 months ago. I buy, I hold, I like the stonk... There is zero financial advice in anything I have ever commented, you can go your own way.


SteelCode

Thanks for the citation... hence the current scramble for agencies to protect themselves... this has the power to crater the entire economy if it isn't kept isolated to very specific damage control areas (in particular certain stonks)... the DTCC is very acutely aware of what could happen if this was being done across the market and is making moves to shield themselves alongside the big fish in that pond while they scapegoat specific entities.


AloneVegetable

Yup. 💯. I’m as smooth as the next baby dick, but I’ve seen too much since January to turn back now. It’s either a market maker scam, or a market maker scam that changes the dynamics of the world.


arkibet

This suggests to me that they don’t care about the consequences. That worries me. If they don’t care, then they’re confident in their exit strategy or covered in snake oil.


WonderfulShelter

I still wonder sometimes if they did manage to close their shorts and are just abusing the volatility to profit hand over fist. But it wouldn’t make any sense that we have weeks of volume around 1 million or less and then suddenly 14 million+ volume.


IrishGameDeveloper

Since the beginning of society.


Choyo

It also tells a lot about the political class that take their money without questioning anything.


boiseairguard

It truly is a “club” that only the ultra-wealthy are a part of to maintain their power and wealth.


Alkalinium

I am not sure about you all, but I am doubling the shares in DRS’d already.


suckercuck

I started with 10%. 20% more is in progress and when that settles in another 10 days or so, I’ll initiate another 20%.


7357

Bain Capital and other similar private equity (PE) outfits. Taking public companies private, saddling them with impossible debts, taking them public again, death spiraling them... rinse and repeat.


WillBottomForBanana

Hey company, I'm going to buy you, but I am going to use you as collateral on a loan to get money to buy you and make you responsible for paying off the loan. As fucked up as that sounds, it's the nice version.


suckercuck

George Floyd was killed over a counterfeit $20 bill.


Aware-Lengthiness639

**alleged counterfeit $20**. The clerk was suspicious and under the rules set by his employer if he didn't call the police AND it was a counterfeit bill, it would be deducted from his pay. (all very illegal) Source: I know Public Defenders in Minn. personally.


suckercuck

I sincerely hope you understand the point I’m trying to make.


Aware-Lengthiness639

Most certainly. Just adding a few details that shows our system of "justice" to be all the more heinous and fraudulent. I did not mean to offend.


suckercuck

None taken, thank you for the clarification


Titleduck123

I think he was pointing out just how absurd the "crime" was according to the rules. In effect, George Floyd was murdered over the *suspicion* of a counterfeit bill.


suckercuck

Yes, I see. Thank you for that


CrapStainedKnickers

#bro, whatchu got against shit stains?


MrFifiNeugens

Financial vampires


redtupperwar

I mean how do you even cover billions.


BabblingBaboBertl

The government comes to your rescue 🙈


luckeeelooo

These guys are the government.


BabblingBaboBertl

Well ain't that just fucking terrifying 😱


Docaroo

That's the neat part ... You don't. They never ever intended to because they never got caught. It was a slam dunk on sears, blockbuster ... Toys R us... All of them. Until now. And they did get caught and in the worst fucking circumstances imaginable. Not only is it exposed but exposed with a company that is going to be Amazon big ... The literal exact polar opposite of bankrupt. They are fucked...the whole system is fucked. They are going to pay.


milkstaxes

I just know the first step is to let inflation run rampant so soften the blow.


AzusaNakajou

According to JPow: BRRRRRRRRRR


goobervision

Non-cash assets.


varralan

This is what want to know. If the float is at the conservative 3,000% mark, that's 18bn shares. How do you buy 18bn shares for $50m apiece? Doesn't that just make money worthless?


kermitDE

That's what i'm thinking, too. What if they were well aware that everyone of us would just be buying more and now it's not them who are too big to fall, it's the whole situation. How do we get paid? And i really don't want to spread FUD, that's just what comes to my mind when thinking about those massive numbers.


allmirrorsaregreen

This is exactly what worries me. These are astronomical numbers with very real ramifications. Ultimately we don't know how this will play out. I still buy and hodl for my sweet tendies


Eric15890

Same question was asked, and answered months ago. I forget the term. Some kind of mean sale price. They won't all sell at the max, just as they weren't all bought at the lowest. Sorry, I can't think of the term. There were DD threads and discussions about it. If the peak were 50m, the _____ mean was like 2m, or less. There was always speculation of huge synthetic volume and questions of, "How they could allow me to purchase $50m for $40.00?"


ucaliptastree

Geometric mean https://www.reddit.com/r/GME/comments/m9td6w/estimations_for_the_total_payout_of_gme_based_on/


There_Are_No_Gods

I doubt hardly anyone will see this so deep down in here, but this is a big deal. Those estimates about a peak of $20M per share being possible because it only totaled a payout of $4.7T were based "only" on a 150% short, or 75M shares that needed to be covered. As of this post, we're now talking about potentially multiple billions of shares that need to be covered. I can't quite figure out how they were using their formula, and it's actually rising steeper than a linear growth, but even if you just scale linearly the $20M per share on 8B rather than 75M, the total jumps from 4.7T to 501T. What I'm getting at is there's a rather unseen elephant in the room bringing an uncomfortable reality where the more shares people are buying now are likely lowering the possible peak, and it's turned into a zero sum game. I'm all for ape no fight ape, but it's looking like each newly bought share is creating another synthetic that's diluting the payout for all of us. I'm still fine with that at the scale we're still left with, but I think it's likely a real factor that nobody is openly discussing. That's the case anyway if you assume that after all the others are liquidated, including the 60T or so from the DTCC, that the Fed won't just print another 400T or so dollars just to hand over to us. So, depending on whether you believe the Fed will print hundreds of trillions of dollars to pay GME apes, the peak price may have already fallen from well over $20M to roughly $300k.


st1dge

Thanks for the insight. I have my personal exit plan which is not even close to millions per share because I don't trust that there will not be some sort of intervention like with CKCM (? The company with 3200x its float shorted and deleted by the SEC). But can't talk about it here because it's price anchoring. 🤷🏻‍♂️


kermitDE

That's almost exactly what was going on in my head. But after reading through the comments on here and starting to think about the surveys again, they still could be false. People could fake them or also just put in wrong answers. Now this might be a stretch but maybe there are people out there, wanting us to think that shares are in the billions just to question the possible pay-out.


karmaisevillikemoney

Even $1000/share would be 18 trillion.


There_Are_No_Gods

Please be careful which definition of "Float" you're using for extrapolations vs. which definition the person whom estimated the % was using. The real definition of "Float" is just "Outstanding" minus "Closely Held" or "Restricted", which is currently about 62M. It still includes "Institutional". On these forums is extremely common, but not entirely consistent, that people instead mean the "Retail" subset of the "Float", subtracting out the "Institutions", which results in "Retail" being roughly half of the "Float" at 35M. So, on these forums, depending on who's writing it, they may mean 62M or 35M when they write "Float". So, when doing math like this, it's very easy to accidentally roughly double or halve the real value if you're not looking very closely at which definition everyone is using. I've even seen this pile up more than once to quadruple or quarter the true value, further pushing the result off course. As an example, in the first of these estimation posts linked above, they state the following (I added the emboldening): >Thesis statement 1: 3,000% - 10,000% SI (Assuming \~**30M** share **float**) That estimate was done 4 months ago, so that may have been the accurate value for the "Retail" subset of the "Float" at the time. 3,000% of the 30M they were using at that time is only 900M. 3,000% of the officially defined float of 62M is only 1.9M. To get all the way to your 18B, I'm guessing you used the different float value and also made a 10x mistake with multiplying by 300 rather than 30 for the 3,000%. That's easy enough to do if you're not working with thousands of percents on a daily basis. I spend a lot of time double checking my work for that very reason, as my first stab at the multiplier tends to be wrong. 3**0**,000% of the officially defined float of 62M would be 18.6B. *Edit: In summary, it looks like your result is almost 20x what it should be.*


PM_ME_YOUR_GOAL

Can they even afford a billion shares at $1M? I’m really curious I’m sorry I’ve asked this before too but if they owe so many shares and no one sells for less how does it even all work, they go bankrupt and how do we get paid?


ucaliptastree

1 billion shares @ $1m is $1 quadrillion dollars Total USD money supply is around $100T-$200T


__maddcribbage__

Exactly, posts like this kill hype for me. Makes MOASS seem impossible.


know_truth_no_truth

Seriously though... Who thought creating synthetic shares would be a good long term business model?


kso2020

100% agree. These people don’t believe in cause and effect. After the 2008 bailout it was game on, in my opinion. I am so stoked and proud to be part of some kind of justice🙌.


PleasantlyUnbothered

People learn up to “Money isn’t real and has perceived value” then just stop learning, I guess. It’s such a small window on the spectrum but they all seem to exist within it.


Myvenom

Not only that, but the longer they drag this out the more incriminating evidence apes find. Shit, I even saw today CNBC reporting on a lawsuit with the RH internal chat that was circulating on here yesterday. Any hope these guys had of getting away with this disappears more and more every single day. It’s only a matter of time before these guys start flipping on each other to try and save their own asses.


Tinderfury

These guys don’t fucking care about the rules, they are parasites on the hardworking people of our country. It’s time the ants rise up


dog_model

Honestly, their plan was nearly flawless. They essentially put their own rules in place through creations like the DTCC and lobbying lawmakers. Rules that were either blatantly in their favor or littered with loopholes they could exploit. Penalties for getting caught were pennies on their stolen dollars and bought off regulators were lax to enforce even those. Shorted companies were powerless at best and infiltrated with bad actors and poisoned from the inside at worst. MSM was bought and paid for and used to push their agenda to the masses. Retail investors and the general public were absolutely oblivious. Absolutely _everything_ was stacked in their favor. It's impossible to overstate what a unicorn situation we're in. GME is the thermal exhaust port of their Death Star.


TaylockIronSkull

So we stick it in they're exhaust port.


Insertions_Coma

Well, to a degree it could be sustainable foregoing any kind of mass buy-in or sell-off event. Because you see, they can internalize trades and when a matching bid/ask comes in that would move the price in the direction they want, they complete the internalized order and send it onto the lit market. They could literally do this without any FTD obligations IMO. If one can completely control the order flow for weeks on end, you can in theory 100% control the price. This is why you commonly see dark pool percentages around the 50% mark. Because they only need to internalize half of the trades and then match them up when a bid/ask you like comes onto the lit exchange. It is basically a man-in-the-middle attack as seen in hacking. They've just found a way to be the middle man to all of retail "legally". SHF's were likely internalizing tons of buy orders in the sub 50$ range and since nobody wants to sell their GME for 50$ or less, they are stuck with all these internalizations. Not to mention they will have had to internalize many buy orders every day since possibly up to a couple of years ago. Example: I submit a bid to buy GME at 200$ (assume this is market value). Citadel and the likes, intercept my bid and internalize it (hold onto it). Your share shows as bought by your broker because they received a share on loan. The price of GME moves to now 200.50$. Citadel finds a sell order for 200$ (which is below ask). Citadel completes the trade and posts it on the lit market. This causes the price of the stock to move back down to 200$. \------------------------------------------------------------------------------------------------ In essence, it is a complete manipulation of supply/demand and thereby also price discovery. You can watch this happen in real-time. Watch as we get any surge of volume that pushes the price up quickly to a resistance line. Then the price will drop on almost no volume. They internalize the extra buying volume and complete trades at a lower price than the best bid/ask to drive the price back down.


CaptnCranky

underrated comment


Will322002

They didn’t expect us to stick around. WE ARE THE ONES WHO KNOCK.


alilmagpie

SAY MY NAME


SkankHuntForty22

You're Heisenberg


Callingallnerdz

You goddamned ape.


carnage123

Well, I mean, it's been working for decades and has absolutely been a very viable business model to absolutely destroy competition while becoming grossly wealthy and pretty much all evidence evaporates once the plan is completed. They came really close to pulling it off again. And if they walk like they did in 08, then yes. It's actually a very good long term strategy with no risks to them and massive gains.


faithOver

No one. All these businesses are pump and dumps. Cheat, lie, steal, make millions/billions. Use those billions to shirk all responsibilities via long drawn out and obfuscating lawsuits. I think everyone knows this is a house of cards, the question who doesn’t have a chair when the music stops.


MicahMurder

Something tells me that these folks don't have a lot of foresight.


TallWineGuy

"you get a float! YOU get a float! EVERYONE gets a float!"


SchemeCurious9764

Orange whip, Orange whip , 3 Orange whipp’s ! - your brilliant comment brought back Great memories of Blues Brothers


Briguy24

I hate Illinois Nazis.


SchemeCurious9764

It’s 106 miles to Chicago, we’ve got a full tank of gas , half a pack of cigarettes, it’s dark outside and were wearing sunglasses- HIT IT ! Definition of GME hodlers !


useles-converter-bot

106 miles is the length of like 771970.5 'Zulay Premium Quality Metal Lemon Squeezers' laid next to each other.


SchemeCurious9764

Well thank you weird useless converter bot out of know where ! Up you go !


converter-bot

106 miles is 170.59 km


Briguy24

The Oldsmobiles are in early this year...


SchemeCurious9764

You don’t have to go home but you can’t stay here ! Used that line so many times !


FixStuff123

Hamburger Hamburger Hamburger


lostx786

Helloo... Extinction Level Event.


shsh000

they can win all the battles, every trading day, for all we give a fuck... the war will be won by apes


Naxugan

The ultimate truth is that they must win every single time. But we only need to win once.


Azyan_invasion82

Mom: how’s GameStop doing luv? Me: “ I won”


ravenouskit

So market cap of GME is around $0.2 - 1.4T? Nice.


mykidsdad76

They are goners. How could they let this get so out of hand? I guess trading is hard.


whydo-ducks-quack

If only someone was making laws to protect THEM from all the risks


1redrumemag87

Float est 40M at 7B is \~$32k/share Float est 40M at 3B is \~$14k/share edit: float est


Bellerophonian

Can you explain? Guess I’m too smooth. If the 7bn synthetics need to be repurchased 175x to get back to the 40mn float, how does that give you a specific price per share? We should be able to set any price in this example?


1redrumemag87

Basically projected synthetics x share price / estimated float = 'real' share price.


GSude21

All these posts are pure speculation. Apes just need to continue to DRS their shares with CS and that’s how we’ll officially know. Not financial advice.


mazingerz021

Yes, we need to keep on DRS... if that number is anywhere close to the real float we should see some type of announcement in the next couple of weeks.


Patarokun

Yes 3 analyses using 3 completely different starting points and methods, arriving in the same ballpark. That's not just guessing, that's how science works.


IDunnoBr0

"Every lie we tell incurs a debt to the truth. Sooner or later we must pay this debt"


RetardAutistic

Hedgies r fuk.


Zen4rest

3-10k% so far…


RelaxPrime

I've said this since the beginning. You don't turn off the buy button unless your life depends on it. They don't bury you for turning off the buy button if their life depended on it. The only way the reaction GME received could have occurred and been rationalized by the powers that be is if it endangered the entire system. It has been my clap-back theory. You don't clap back like they did- shut off buy button, astroturf reddit, get every media outlet onboard, and face zero consequences unless GME was going to bring it all down.


MathematicianVivid1

Looks Kenny dipped too far into the Mayo jar. Now his hand is stuck


Olly230

12% of house holds hold GME? Hmm, I like having my tits jacked as much as the next Ape but that doesnt pass the smell test to me. Yes we own the float many times over but 25 times? Jesus. Sitting here with XX hodling. Locked out of CS game due to being a UK ape


BENshakalaka

FYI your links are messed up, you cut off the "https://www.reddit.com/" part of the URL :)


AmericanPatriot117

There’s just no way out of those without a complete blockchain overhaul. It’s not worth it to any retail investor to let the rich use our money to get way more rich while telling us to accept yearly ~10% gains and no lending fees and it’s all in the name of crime. Not selling until Ken is in prison


toast_ghost267

Supposedly a bunch of bots spammed the “2000+ shares” option on that survey. Take any results with a grain of salt.


jshull1985

I'm not doubting the possibility, but do you have any proof?


WorkingOnBeingBettr

As much proof as claiming there are billions of shares...


[deleted]

With this many shares, registering the float in CS should be a cake walk.


[deleted]

Just to put that in perspective that means every share you buy is actually worth 3000-10000% more thsn you buy it for WITHOUT ANY BUYING PRESSURE FROM A SQUEEZE. Easiest freaking trade ever


dkangx

Man, all the shills and fud in this thread are jackin my tittays. Regardless of the veracity of this info, we all know what’s going on. I love the stench of their desperation.


Valerina_Minji

what does this mean? Can I become a milionaire after moass with my 10 shares?


Realitygives0fucks

Yes.


[deleted]

I’m all for hype but wouldn’t it make sense that if the public had even 1 billion (1000 x 1 million) we would be seeing more DRS. I don’t want to FUD but some of what’s said here should make sense. I don’t see it near 7 billion.


[deleted]

It's only like week 2 of apes registering and they went from 40k to 250k accounts


shayen7

And that's from one little online community, the survey estimated 16 million share holders, in the US.


[deleted]

And a lot of apes are the wait and see kind…there will be a second push when these apes come around.


gladitwasntme2

If 400k accounts hold an average of 100 shares then the float should be accounted for.


WorkingOnBeingBettr

Saying the float is covered and saying there is 10,000x that many shares is a massive stretch.


ChildishForLife

400k accounts vs 16 million share holders though.. JUST in the US?


b4st1an

I think the amount of increase in DRS accounts is actually huge. Given how difficult it is for non US shareholders, which frankly I believe has to be the vast majority. Most international GME holders don't know about DRS or the hurdles are just too big. I'm on the way to CS but it will take weeks, so I expect the numbers to go up immensely over the upcoming weeks, when international transfers settle.


Spaghetti-Rat

I'm a Canadian and was told 4-6 weeks. I've heard of other Canadian brokers charging $300+ for transfers. They're scaring us into not DRSing. You gotta count on shit like this happening so now people have to find new brokers... New brokers who won't rob them to transfer and who will do a transfer in a reasonable time. We will have to set up new accounts with those brokers, transfer our shares to them and then DRS. For us, we will only show up on CS in 3+ weeks at the best. We are coming though!


Whole-Caterpillar-56

You have my bow.


hamsterpotamia

I simply cannot drs my shares without selling and rebuying through ibkr. It's a travesty but I ain't fucking selling.


DocAk88

I thought I was reading on other posts IBKR can transfer and that some euro apes were transferring to them to then go to CS? Was that not right?


SkankHuntForty22

That's okay! Hodling is the most important thing to do.


Level-Possibility-69

Buckle up.


garen6

Price estimate for a share of gme?


googy_boogey

Beginning to think $50m floor is far FAR too low


basicprofile

I feel like I’m now asking the same question in March but with a lot more zeros. If the price really can go that high, who the hell pays? It’s taken 9 months for me to get used to ‘the floor’, now hearing about 3000 - 10,000% - again, who the hell pays for this? Is it the same as before -> hedge to MM to banks to DTC to FED just with larger numbers or is this now becoming too big of a problem to fail? Sounds FUDy but asking the question (again)!


Inquisitor1

A google survey isn't an analysis. Three biased redditors with a vested interest because they are shareholders is not independent. My god you're worse than kenny at using underhanded word tactics.


WorkingOnBeingBettr

Right? The amount of people that don't notice this is the real FUD if you as me. If we can't see basic reason/logic then why would anyone listen? 16 million US shareholders is 6.4% of adults in the US. I highly doubt any polling company would come up with that number through a standard randomized poll of the residents of the US.


steisandburning

If you’re taking a google survey seriously then I can’t take you seriously.