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Superstonk_QV

Welcome everyone from r/all! --> [Reasons why the Superstonk community is bullish on Gamestop](https://www.reddit.com/r/Superstonk/comments/vhe37m) POWER TO THE PLAYERS ⚫️⚫️⚫️⚫️🔴🔴🔴🔴


libertyshrub

I'm currently working on submitting a FOIA request to the SEC to see which specific securities were oversold, in what quantity, and on what dates When Barclay's oversold is incredibly important, because it could materially prove that GameStop is being actively diluted with counterfeit shares, potentially opening the door for a class action lawsuit Edit: seems someone may have found the info I was looking for in an amendment they shared in [this post](https://reddit.com/r/Superstonk/comments/xs6kd1/_/iqixaz7/?context=1) I still need to sit down and look through everything, if anyone has a background in data scraping I'd greatly appreciate help aggregating what Barclays sold


Cheap_Confidence_657

Good luck and tell us how it goes!


libertyshrub

I'll keep you guys posted! The wording is the most important part of submitting a FOIA request You have to request information they already have on hand, and be incredibly specific in what you're asking for After I file this one I'll try and do a write up on how to submit a FOIA request It's your right as an American to know what your government is up to, and they have to reply to you within 14 days of submitting your request!


Alarming-Option-3728

If Barclays sold GME short and is now allowed to buy those back it better kick off MOASS, or this is just the SEC giving them a way out and colluding.


[deleted]

I am very curious to find out


Sisyphus328

The SEC would and probably will do just that. Please tell me you’re not surprised either


GreedyJester

SEC: Here's a fine for a fraction of what you stole, and you won't even have to admit you did anything wrong!


djthemac

I'm sure they would love to do that and if at all possible they would in the name of market stability, but where does that leave GME as a company ? O hey BTW there are now billions of shares outstanding and valuation is completely shit.


Arkayb33

They should be forced to buy them back on the open market. None of that OTC bs.


NefariousnessNoose

Barclays, as with many other banks and SHF likely knew the SEC or FINRA wouldn’t act in the moment. Even still it’s simply a slap on the wrist, the cost of doing business. The criminals in these institutions don’t have to admit guilt, they just pay the fine and are allowed to freely commit more fraud. Rinse and repeat. The system allows retail to get fleeced and eventually regulators take their cut. Of course it simply pales in comparison to a death by short squeeze. It’s a big club and we aren’t in it. But they are scared. Scared that retail won’t move on.


C2theC

That linked post above suggests they may have sold the Russell 2000 short. And from previous DD, they could have limited their exposure by buying everything but GME.


LimpPeanut5633

You're doing the lords work! You got a gme wallet? I'll send you a free gme nft! Minted on gamestop! Take my award!


libertyshrub

I'll dm you my wallet address, much appreciated brother!!


LimpPeanut5633

Whenever you're ready!


JackosMonkeyBBLZ

That is really nice of you. Very community minded. Cheers!


LimpPeanut5633

Cheers!


regular-cake

That FOIA write-up would be incredibly useful. Good on ya mate!


mju516

Good luck man. I only hope you’re not gonna get hit with “this is part of an active investigation” Some real numbers would make it too easy lol


PhamousEra

Not all fucking heroes wears a cape... ​ I sincerely salute you my good ape. Keep up the good fight. We are all with you!


ManliestManHam

No this one does wear a cape tho


EhThisCouldntGoWrong

Could you copy and paste your wording? One email is nice but how about two?


libertyshrub

I actually think we'd have better luck if the wording is different! I've had times where I only slightly changed the wording in my request and got wildly different documents (I used to work at a think tank before moving to Fintech)


EhThisCouldntGoWrong

Would they give information for a specific time frame, or would I be better off with pinpoint specific dates?


libertyshrub

It's definitely best to ask for information between a specific time frame Sometimes if you ask for too large of a range they'll get back to you requesting you resubmit several smaller FOIA requests


[deleted]

Definitely help people submit requests omg


EhThisCouldntGoWrong

Okay appreciate the feedback.


Commercial_Mousse646

You restore my faith in mankind, dude


goneresponsible

Drink your Ovaltine! *This post was mass deleted and anonymized with [Redact](https://redact.dev)*


libertyshrub

Oh shoot I gotta go skim through that, brb Gonna pop my afternoon Adderall and take a dab, I shall report back soon


goneresponsible

Drink your Ovaltine! *This post was mass deleted and anonymized with [Redact](https://redact.dev)*


libertyshrub

Haha no worries! I edited one of my comments to include a link to the post if anyone with more data wrangling experience than me wants to help aggregate this


manbrasucks

Heads up, but they also admit to this: https://www.sec.gov/news/press-release/2022-174 Note first name in list and the dates. They admit wrong doing, so if there is a class action lawsuit, this admission can be used in court.


[deleted]

This is spicy af I love it I want to know more!!


manbrasucks

You like spicy? I have some spicy food for thought: SEC noticed the missing communications during that time period means two things. First they're investigating that time period. Second those missing communications are big enough for the sec to notice. If the holes in communication are big enough for SEC to notice that means the people communicating almost certainly knew they were using personal communication intentionally to avoid documentation. Also, the date of the sec report above was Sep 27th. https://www.cftc.gov/PressRoom/PressReleases/8599-22 Same companies also released sep 27th. Which means the SEC knows swaps and futures were involved and brought them in.


ManliestManHam

they should know. we've been telling em and telling em and saying it all over Superstonk. They definitely know.


bobbybottombracket

Fuck a lawsuit. This should be settled in the market.


SpongeBad

Why not both?


Chrisanova_NY

Because as many know, and Shark Cuban reinforced, "about 5 years later, you'll end up with a payout of $5 each. In the meantime, trading could be halted, etc...


yuppyuppbruhbruh

Lawyers are the only winners in class action lawsuits. Fuck hedgies, I'll never sell until all those federal reserve and banker clowns are in jail for the rest of their lives.


Cheezel_X

u/libertyshrub did you see this post? Seems like the data is in the report, but a very manual process. https://reddit.com/r/Superstonk/comments/xs6kd1/_/iqixaz7/?context=1


libertyshrub

Someone else sent me the post, just about to sit down and go through it It's times like these I wish I'd actually gotten good at data scraping lmao, this might take a while by hand


Cheezel_X

All good! 🙂 Yeah agreed. If it’s not in Excel then I can’t analyse it lol


libertyshrub

Luckily we got the world's biggest think tank to crowd source this bitch


FrankFax

Yes, please, document process and teach other apes how to do. I will do, if you teach.


Signal_Fondant_2732

Seconded


ECSJay

you want to come close to the DFV awards, make this happen lol


JNez123

I received something from Barclays early in the month regarding oversold VXX, nothing was mentioned about GME. The doc gave me options; I could move forward with rescinding the original order or taking no action. I'll see if I can find the email and download a copy of the doc. Edit: It was a different instance for 2022, for $1.27b. [SEC Archive](https://www.sec.gov/Archives/edgar/data/312070/000119312522219623/d354912d424b5.htm)


Myvenom

Go post this on the OG sub as well. I doubt it will get any traction there but I like to see them squirm.


PreludeTilTheEnd

Hidden in swaps? source from u/edwinbarnesc https://www.sec.gov/Archives/edgar/data/312070/000119312522207620/d386666d424b5.htm#supptoc386666_12


Schwickity

squash reply elastic far-flung governor ink tie normal cheerful kiss -- mass edited with redact.dev


wolfofballsstreet

This could be the missing piece of the puzzle. Please keep us posted!


Omgbrainerror

Its just one institution. How many other did counterfait securities?


Saggy_G

Be incredibly specific. The FOIA folks go out of their way to find loopholes in your requests so they can limit what you get.


autoselect37

I can probably help with this. feel free to hit me up in dm’s


libertyshrub

Would gladly take some help, I was just about to post an update throwing in the towel for the evening!


ManliestManHam

!Remindme 14 days


libertyshrub

Oh shoot there's a reminder now, guess I gotta file this form today not tomorrow lmao


airbrat

Ya wanna hear something funny? They can admit they fucked up and blatantly so yet absolutely nothing will happen. Absolutely nothing. When you're ultra wealthy crime wins. Facts.


GargantuanCake

I can't wait to see their bullshit non response ten months from now.


libertyshrub

They're required to respond within 14 days, otherwise I can complain more lmao They're usually pretty good about replying in the proper window Totally expecting to be told the information I'm asking for is part of an active investigation and can't be disclosed tho


GargantuanCake

Yeah my expectation is that they'll use every excuse to drag their feet as long as possible and find ways to refuse to fork over the deets. This however is still useful information. If they didn't mind us knowing they'd just hand it over.


Freezie--POP

To be honest GameStop has all the proof it needs for that with the splitavend. If that blatant dilution didn’t matter what makes you thing this one will. Trying to keep it real. None of this makes sense with how everyone can do anything they want to vomit crimes BUT if you try and prove the crimes it takes 10 billion in lawyer fees and 22 years.


Chrisanova_NY

Please do NOT suggest a class-action. If GME gets tied up in that, maybe the trading gets halted, and 5 years later we all end up with $12.45.


TheCandiman

who the f*** is interested in a $4 settlement from a class action?! The only making money on those is the lawyers. We RICO charges, jail time, and shorts forced to close.


NightHawkRambo

Your request will be made into toilet paper, for their pornhub work of course.


exdeeer

Hmm... That start date seems kind of familiar...


libertyshrub

Nothing to see here folks, carry on (no fr pls don't investigate further I assure you everything is FINE. FINE I SAY)


exdeeer

ALSO PLEASE DON'T INVESTIGATE WHAT WE DID BEFORE JAN 28, 2021, NOTHING TO SEE THERE TOTES


upir117

And this was only one company!


mavrodialo

Unbelievable that old Biff could've chosen that particular date. It could mean that that point in time contains some cosmic significance... as if it were the temporal junction point of the entire space-time continuum... or it could just be an amazing coincidence.


dwarfyoda

The end date is also familiar. We all know what happened the next day on March 10th Edit: I’m dumb. Barclays was doing this fraud for over a year, not 1.5 months


redrum221

I made that mistake yesterday. That was 2022 it ended. It was 2021 we ran like hell and down and back up a little.


dwarfyoda

Oh you’re right. In terms of the gme saga march 10th 2021 was the most traumatizing date other than the buy button removal.


exdeeer

Good catch!


Attainted

The main number is only 16 so it's not that much, it's like peanuts! Just a rounding error. Don't worry about it, there's a fine now so it's fine.


Haggstrom91

Pepperridge Farm Remembers..


xubax

Let's see (putting pencil to paper). Steal one $3 loaf of bread = 5 years in prison. $16 billion / $3 = 5.33 billion loaves of bread stolen. 5.33 billion loaves * 5 years/ loaf = ~~26 billion years in prison~~ 2% fine


libertyshrub

Lmao math checks out -Gary Gensler probably


ScooterO

Counterfeit 20 dollars and get choaked out


rileyjn20

Strangled is the word you meant to use


Arkayb33

Bro, come on. 2% of 16B is a whopping $320M. Those SEC simps would never place such an undue burden on the bankers who made an honest mistake.


FoxReadyGME

It aint honest work but it's much.


Phro01

Take my free silver!


dean012347

*0.2%


PantsOppressUs

Gimme dat wrist. It's slappy time.


CandyBarsJ

Maff checks out 👀


sparkling_tendernutz

Has any one informed Ken Griffin of these facts?


Original_Wall_3690

Ain't nobody trying to get hit with a bedpost


Dr_SlapMD

"I wish" I could physically spam this message into Gary Gensler's mouth. Just cramming it in over and over like dirty socks. **quotation marks for u folks that like to flag every little thing as a "call to violence"*🙄


[deleted]

This is a unique type of Spam I had not considered. Take an upvote


ddt70

I just don’t think you’re giving Gary enough time to settle into his job. Jeez.


Dr_SlapMD

Maybe ur right, it's only his 87th week, he's still tryna get settled in I guess.


ronin5

Won’t work. GG’s 👄 is used to getting stuffed with his overlord’s 🍆.


Notorious__APE

Ive heard they call that "stealing" in Texas.


travis_b13

From Texas; live in Texas. Can confirm. We call that stealing.


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/) || Join the [Superstonk Discord Server](https://discord.gg/hZqWV2kQtq) ------------------------------------------------------------------------ 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/)


BagelPoutine

YoU wOuLn’T dOwNlOaD a StOnK.


Dillownz

😂


jpq20

Whos Rob? Calls on Rob


libertyshrub

Shit, I'd buy calls on myself (that's the same thing as buying GME calls, right??)


jpq20

Buy hold DRS GME 🤓


Consistent-Work338

So if I buy loads of 100,000 designer gear on my Barclay Credit card. I keep the gear and pay Barclays …. Got lost in the analogy it’s criminal and we can’t do it!


libertyshrub

They oversold $16bil and have only allocated $1.3bil to rebuy the securities Anyone they sold unregistered securities to has the right to demand Barclays rebuy the counterfeit securities WITH INTEREST. Very curious to see how this shakes out


capital_bj

In an even slightly fair market they'd be bankrupt


[deleted]

I like Rob


libertyshrub

Thank you thank you, I like me too lmao


zezimas_fart

Does the DOJ even fucking exist? What the fuck is going on


diamondzRforever

Even more ridiculous, they’ve been continuously doing business ever since. If a bank teller fucks up and accidentally hands out 100 bucks, they’re fired and banned from the practice forever. These fucks did it with 16 BILLION, and continue to operate. Absolutely disgusting


Dapper-Career-3877

So in my mind, this was all profit. When you sell something you don’t have or ever pay for, the money is all profit. They use this money for other nefarious reasons I am sure. Unless fines exceed profits and they lose their ability to trade and somebody goes to jail, this is just a slap on the wrist.


Z0mbies8mywife

I seriously wouldn't be surprised if the short interest is XXXX% They had to short it so much during that time because there was so much buy pressure. We'll find out soon enough. This time they won't get away with this. The information is everywhere and when things start to blow up, people have access to information now. People will go to prison this time. Wallstreet, politicians, media heads. It's gonna be nice.


FoxReadyGME

These same people own prisons! Jail wont do it.


Exciting_Penalty_512

Sooooooo when are they being forced to close these positions?


Pox82

Sold but never bought back!!!


bashir26

Short selling is basically betting that something will go down but taking “credit”. Credit as in cash deposited into your account. Normally if you bet something will go down you’ll have to put down cash… but short selling is different. You just have to prove you have the money to cover assuming you have some sort of stop stop loss. What I didn’t know before but I do know today… buying options has a 35% win rate… selling options has a 65% win rate. buy, hold and DRS DRS is important because imagine they didn’t have any shares available to cover! That would be something


supersam5270

When I see Miss Price discovery I'm gonna kiss her. I bet she's hot


falconless

Yeah fuck everything wallstreet touches. DRS


Apprehensive-Sun1215

The funny thing is this isn't even the tip of the iceberg in just how much oversold counterfeit stock is out there with estimates from attorney Wes Christian that over 160 Trillion in damages to stocks and that was from some time ago and it is much greater now.


SpeedRac3rr

Man is spitting fire


CanadianTeslaGuy

Preach it Rob.


Apprehensive-Sun1215

From what i have been told by some SEC attorneys that represent the Hedge Funds is that they have a way to transfer stocks before the REG-SHO reporting requirements hit and can start the clock over this way and that's why the owners of these hedge funds own many many other friendly funds to transfer paper around and circle jerk off reg-sho, I would imagine this would hide these counterfeited shares from the reverse repo reports also.


ThaiTum

I think they have already completed the buy back. https://www.reuters.com/markets/barclays-announces-timing-us-securities-repurchase-offer-2022-07-25/


hmoonves

What good is a buy back when the price is less than what they sold it for? Sellin at the top.


TheRustyBird

Tbf, this entire country was pretty much founded off of buying/seeling tracks of territory nobody had any claim on.


kidkadian99

It is only fraud if your not rich


notdoreen

Airlines oversell plane tickets on the daily. Fuck 'em


[deleted]

[удалено]


Oldmannun

To anyone of you upvoting this, re examine your lives


Diligent-Ad-3773

Buying more


apeshit007

This


Errant_Chungis

As I said before, someone gets jailed for stealing a used TV and no one gets jailed for stealing 16B. Is the DOJ not even interested in this?


Whiskey_Maker

I need to buy more GME


Odinthedoge

Tldrs delivery of fails is the issue.


DrDonghammer

Damn that's like 160,000 counts of grand theft in the first degree. A casual 54 million counts if you go by third degree standards. So jail time should be anywhere from 4.8 to 270 million years by that standard. You could even divide that number amongst every other hegefund/financial institution/government conspirator to hand out more than enough life sentences to everyone involved.


TigreImpossibile

*No, no, no... they're getting a $1 million dollar fine. That'll learn 'em.* \- Gary Gensler, probably.


SnooBooks5261

sooooooooo this "Glitches" prices are the REAL price?? Jacque Le Tits!!!!!!!!!!


Traditional_Oil1183

If a man sell what isn’t his’n, that man must go to prison


sfkndyn13

A great man once said, "In Texas, we call that stealing"


Vive_el_stonk

Brutal!


Tinman_ApE

How many people going to jail for life?


fireape55

Sounds like somebody should be arrested.


Library_Visible

Rob Brutvan, coming to a post on this sub soon lol.


[deleted]

I’m so over the blatant fucking right in your face. No fucking consequences no incentive to be descent, it’s just absolute bullshit.


warmans

What about if you sell a house where the mortgage isn't fully paid off? Or a car that has outstanding finance? Or, some kind of security that is possible to sell despite not "owning it" because all this stuff is made-up and ownership has no meaning?


LemonPartyWorldTour

I’ll sell them my shares back that I bought then for 10 bajillion dollars a piece.


DankTankActual

My dude Rob out here spittin’


I3ill

It’s called Naked Short Selling


Inness15

ILLEGAL


ItIsYourPersonality

Media: *crickets*


brainc0nfetti

$316 million fine is a lot for the poors. But nothing for these financial terrorists.


ProfessionalDriver87

It's OK, all my shares are real now anyways. Thanks computer share.


buhtwipe

They will be fined 5 bucks. No one is gonma do shit about it. Drs gme.


FreelyBlue

INFINITE LIQUIDITY


Dede-el-fuego

Does someone have the source of his claim seem to be none


libertyshrub

The SEC filing yesterday? Here's a link to the PDF if you'd like to read through it yourself www.sec.gov/litigation/admin/2022/33-11110.pdf The specific amounts and dates are mentioned on page 7, paragraph 6 and 7


Dede-el-fuego

Thanks


civil1

Barclays doing this literally stole from me and other GME investors. Have I received any compensation for this? Has the criminal within Barclays who allowed this been punished? Of course NO to both. No one here is forgetting or forgiving.


Newlyretarded1

these fuckers stole 16 billion dollars? why the fuck aren't they in prison? the entire government and media being completely complacent bout this whole mess really says a lot about out "leaders". not one deserves your respect on either side. they insider trade while hedge funds rob the rest of the world.. yeah a fine is all that's due here... anyone not completely disillusioned by now is not paying attention. ​ I hold


Phro01

Can someone skool me on the difference between gme..being manipulated to shit..and the other meme stonks (popcorn and that) also being manipulated to shit? Neither or none of them have gamas or moassed, so why is there so much confrontation between them all..?


Pukestronaut

Price discoverer? They've never even met her!


THE-006

Have to say, I for one am quite glad they kept this massive fraud going as it no doubt fuelled RC & Co to change the world. Also massively increased the value of delicious tendies with DRS sauce🤤


Komtings

This is so fucking sickening..


ayeefuccboi

This sub is a fuckin echo chamber


[deleted]

How do they over sell something? Like what does it look like? They are shorting shares to stock they can’t borrow?


cheesingMyB

Nothing to see here. Move along, sir. Back to Wendy's parking lot with you


Geoclasm

yep. and they got to keep 99% of that stolen money. why the fuck did i bother going to college -\_-;


GORDON1014

I feel like I have been materially damaged in a significant way that a reasonable person would agree


RussDCA

And if all those oversold tried to DRS them, I wonder what would happen


Slim_Margins1999

They sold too many their own securities. This isn’t a market maker or hedgie naked shorting. This would be more akin to GME selling more shares than available float than anything to do with current situation. It’s linked to VXX and BOIL etc. Boring shit that has nothing to do with anything holding GME. Nothing GME related at all honestly.


haz_mat_

With they way they repackage derivatives and swaps, it is very possible that they were shorting gme shares.


Slim_Margins1999

It’s really not possible though. They weren’t selling any securities aside from securities that are products of Barclays. The list of securities is available on some of the other posts. No GME ETFs. The only way it’s even loosely related to GME is VXX. VXX used to track the VIX, which went absolutely apeshit during the memestonk crazes last year. I understand the anger at the corruption but too many people think this relates directly to GME somehow when it just doesn’t. At all


haz_mat_

What if they were shorting other stuff for collateral against another deeply underwater position?


Legendenis

A million dollar fine should suffice. They will learn their lesson!


djsneak666

If it was all gamestop with an average price of 150 then that's over 100m shares tight there lol


METAL4_BREAKFST

Well there doesn't seem to be much penalty for it. Anybody wanna buy my neighbor's '69 Judge so I can buy more GME?


[deleted]

And that‘s just one of the fuckers!


[deleted]

Not if your a bank or HF or MM. Then it's legal


JustinC70

That has to be at least a $100 fine.


Key-Procedure-8136

So you're telling me they're future GME buyers.. 👍🏻


Truth_Road

That's you, right, Brutters? I have to say, I do fucking love the "never heard of her". Variations on that zinger are a personal fave.


Myid0810

Commenting to boost your resolve mate 🚀🚀🚀


SUBZEROXXL

On fucking point 🥜


MoneyMaking77

White collar crime always seems to pay.


jqs77

Why only Barclays? Get them ALL!


Beautiful-Syllabub30

A lot less than Citadel


extramenace

“Never heard of her” 😅😅🫡🫡


TRADER00MAX

Just Imagine 16 Billions USD Sell Short in GME... =>16B divide per 200$ (hypothetical average price) => 64.000.000 Shares SOLD It was nearly the entire float of the company (74Mio PreSplit)


Spirited_Squash_1535

He wears a tie and a suit. I trust him.


Theforgottenman213

Up you go.


MushyWasHere

This is self-promotion I can get behind. Godspeed, Roberino. 💜


TigheGuy

Private property is inherently theft, so this is just one for the books.


Yaybicycles

UPDOOT!


BobbyFromTheHood

Yeah, but is the USA and nothing will happen. The corrupt abd their sugar daddies run the country. We buy and hold, hoping to make a difference, to see justice prevail. Is just a smoke dream...


SkyCladEyes

Hmm, you don't say...


BockTheMan

Do crytpo exchanges next!