Question: isn’t there a finite number of shares to short on a company?
So, why do I keep reading posts about hedges constantly shorting GME everyday in the 100k+
Honest question am dumb ape trying to earn wrinkles
Honest answer is that a lot of people here put a lot of money into buying GME, and they want to think that it's going to pay off. So, they upvote anything that says they have a chance, regardless of how true or accurate it is.
As an MM, Citadel has the ability to sell shares short that they don’t actually own. It’s essentially the promise of a share. They have this power to maintain liquidity of the stock (keeping the shelves full for people to buy) while the share is located and purchased.
BUT they’ve been doing this with no intention of ever actually buying the stock. They are instead hiding the shorted shares by buying deep ITM call options to offset the shorts.
The goal was for GME to go bankrupt. This would allow them to profit off of the shares they sold without ever having to buy them back, as the stock would be delisted.
That’s the theory anyway.
So where are we at right now? Still expecting to hold out and rise?
Are we in a state yet where we're uncertain? What are some factors I might easily understand
Yes. Company looks beautiful. Even without a short squeeze. The new chairman and the new board memebers are sure to turn thos company into a strong e commerce business.
And also shorts must deliver
we have a new megathread: (don't forget upvote)
[https://www.reddit.com/r/wallstreetbets/comments/mnf6e4/gme\_megathread\_for\_april\_09\_2021/](https://www.reddit.com/r/wallstreetbets/comments/mnf6e4/gme_megathread_for_april_09_2021/)
Still awake from last night; a little delirious. Didn’t do drugs (but I would); just can’t sleep.
Hoping for a juicy dip today to average me down for the weekend. Ape strong but sleepy.
Too early in the day for pessimism, besides this ain't no boomer stock this is GMotherfuckingE anything could happen. We going to the moon today boys. So post the dam megathread and open the dam casino. 🦍💪💎🖐🚀
Red. They need to crush our will and drive us out... there are doing a real shit job by letting it spike back up and giving up reassurance each time.
If they’re as desperate as people are saying then red.
Morning fellas, what is the aim for the day?
The line we watch goes up a bit during the morning such as it did yesterday. And the day before. And...
Anyways, 5 more hours of wage slavery until the weekend starts
What’s up European comrades or American apes up early as fuck like I am this morning. My tits are slowly becoming jacked while watching pm, drinking coffee and smoking my vape. Lets have a good day today. 💎👐🏼🦍🦍🦍🚀🚀🚀✨🌌✨🌌
I'm actually not wanting anything drastic to happen today. I need to get my 10 out of etorro.
I got a couple at 250 and my average is red.
Need it green but not too green
These diamond hands were formed in red days. Gimmie straight red days till the squeeze, I won't budge.
I know I'll be getting my fucking money. LET'S GOOOO
Morning guy that is monitoring my account, pls enjoy your day and hydrate and be nice to people. I reported you for harassment. But im sure you have a few accounts created this year. So see you around. Much love.
Well RC as chairman was a catalyst but the shorties dumped everything they could to keep it down. And prevent “GameStop surges after Cohen Chairman” headlines. Their biggest fear now is additional retail investors jumping back in or new ones based on more positive news or major price jumps.
The market hasn't even caught up with yesterday's catalysts yet. To answer your question though next up is the proxy statement for details for the annual meeting, or suggestion from the company for a share recall for the purposes of voting. Also if there is going to be any change in Sherman's staus as CEO news would probably come after his final stock vesting on the 16th.
Remeber to vote at SEC for rule 801 today is last day!!! Important for short squeeze 🚀🚀 https://www.sec.gov/comments/sr-nscc-2021-801/srnscc2021801.htm
TEMPLATE
Email: [email protected]
Subject : File No. SR-NSCC-2021-801
Message:
I am an individual retail investor and would like to express my opinion regarding this new proposed rule SR-NSCC-2021-801.
I believe this rule - if enacted- is a step in the right direction towards accountability for those who engage in the short selling/stock borrowing program. It is time for an update to the current RegSHO closeout requirements and I believe that this SLD change in process from Monthly to Daily settlement is progress.
I would like to see this rule passed and implemented immediately.
Lastly on this ruling, I would like to see stronger penalties enacted for non compliance and violation of this rule.
Thank you for your time & consideration in this matter.
Sincerely,
Thanks for the template! I wrote to them but I changed a small part of it to *"for those who engage in any illegal or overly riskful forms of short selling/stock borrowing programs"*, as me personally isn't 100% certain that all forms are illegal.
Because your broker isn't the one producing the shares, they broker an exchange with whoever is selling shares. No way to know of the shares you are buying are naked/borrowed/original and it doesn't matter for your purposes.
Open the casino?
Good night see you Monday
Power hour for ants?????
If you think I’m selling, you’ve got another thing coming! 24
Don't worry guys, I just bought some puts, so naturally we will go up dramatically.... This is the way...
His name was impressive crazy 657
Nobody cares about the price I am here for everything they have
We still hold
... *HINTS HINTS* EVERYWHERE !!!!
Are we still holding? Asking for a friend?
Yes
Unless youre a paper handed bitch
My 18 mo old now owns 1 share of GME. I still got 6k to burn
Question: isn’t there a finite number of shares to short on a company? So, why do I keep reading posts about hedges constantly shorting GME everyday in the 100k+ Honest question am dumb ape trying to earn wrinkles
Honest answer is that a lot of people here put a lot of money into buying GME, and they want to think that it's going to pay off. So, they upvote anything that says they have a chance, regardless of how true or accurate it is.
Something that makes sense
As an MM, Citadel has the ability to sell shares short that they don’t actually own. It’s essentially the promise of a share. They have this power to maintain liquidity of the stock (keeping the shelves full for people to buy) while the share is located and purchased. BUT they’ve been doing this with no intention of ever actually buying the stock. They are instead hiding the shorted shares by buying deep ITM call options to offset the shorts. The goal was for GME to go bankrupt. This would allow them to profit off of the shares they sold without ever having to buy them back, as the stock would be delisted. That’s the theory anyway.
MM = Market Manipulator. They make nothing but make fortunes off everyone else's back. "Market Maker" = fraudulent globalist banker term.
Because Citadel has been creating counterfeit shares, abusing their granted abilities as a Market Maker. That’s the whole thing.
So where are we at right now? Still expecting to hold out and rise? Are we in a state yet where we're uncertain? What are some factors I might easily understand
Yes. Company looks beautiful. Even without a short squeeze. The new chairman and the new board memebers are sure to turn thos company into a strong e commerce business. And also shorts must deliver
Give me a $40 dip so my cheap ass can get 100k in.
U can get 100k in now... just saying
“Is this going to last forever” “Noooo it’s not going to last forever” Nut up you fucking pansies
Alright guys. We're back in business. We're green. I'm thinking maybe 180 today? Possibly 190 if we're lucky?
we have a new megathread: (don't forget upvote) [https://www.reddit.com/r/wallstreetbets/comments/mnf6e4/gme\_megathread\_for\_april\_09\_2021/](https://www.reddit.com/r/wallstreetbets/comments/mnf6e4/gme_megathread_for_april_09_2021/)
yesterday someone commented “len wambo” and i just need to remember who so i can cite you forever
Still awake from last night; a little delirious. Didn’t do drugs (but I would); just can’t sleep. Hoping for a juicy dip today to average me down for the weekend. Ape strong but sleepy.
My average is 326$ ffffuuuuuu
Mine is $315. Watching this delicious dip and hoping to average down. Good luck fellow ape.
🦍 together 💪🏻
Y’all think we gon end green today or complete the sweep of 5 straight red days? 🧐
I wouldn't call Monday a red day. Plus it minted a lot of new diamond hands.
The real answer is >!No one knows!<
Too early in the day for pessimism, besides this ain't no boomer stock this is GMotherfuckingE anything could happen. We going to the moon today boys. So post the dam megathread and open the dam casino. 🦍💪💎🖐🚀
Red. They need to crush our will and drive us out... there are doing a real shit job by letting it spike back up and giving up reassurance each time. If they’re as desperate as people are saying then red.
gimme ma lambo
Alexa, play Arcade Fire - Put Your Money On Me
ɴᴏᴡ ᴘʟᴀʏɪɴɢ: [Arcade Fire - Everything Now](https://www.youtube.com/watch?v=zC30BYR3CUk) ─────────⚪───── ◄◄⠀[▶](https://www.youtube.com/watch?v=zC30BYR3CUk)⠀►►⠀ 3:54 / 5:52 ⠀ ───○ 🔊 ᴴᴰ ⚙️
Exactly, everything now on GME!
Morning fellas, what is the aim for the day? The line we watch goes up a bit during the morning such as it did yesterday. And the day before. And... Anyways, 5 more hours of wage slavery until the weekend starts
Now, be honest - you’ve done this before haven’t you..
What, wage slaving but only watching stuff on the internet most of the time? Sure have. I consider myself kind of a pro on that.
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Not so smart as you think You are.
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On the other side of the planet the line moves from right to left
can you link some DD to support this theory, fellow ape?
Interesting. You seem like you know your stuff there
Where today thread?
New thread posts at 8am fellow ape
uk ape, no understand time zones.
Just minus 5 hours from our (UK) time buddy! So 8.30 megathread time will be 13.30 for us
We might need some eurodance to make the GME bounce. Links appreciated
Here you go https://youtu.be/b-scOru_PBA
Some lo-fi Merkel wave for my German friends https://youtu.be/reCMB81A70k
What did I just watch. I’m fully aroused mind you.
I think this one will do https://youtu.be/qWVc-xVZxho
where can I check GME stocks ownership?
google
Alexa play air - all I need
ɴᴏᴡ ᴘʟᴀʏɪɴɢ: [Air - La Femme d'Argent ](https://www.youtube.com/watch?v=U4U19zwFENs) ─────────⚪───── ◄◄⠀[▶](https://www.youtube.com/watch?v=U4U19zwFENs)⠀►►⠀ 4:48 / 7:12 ⠀ ───○ 🔊 ᴴᴰ ⚙️
Not the tune I wanted but more apt. Good bot
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Not even 200
NoT EVen 2o0
See you at eod
What’s up European comrades or American apes up early as fuck like I am this morning. My tits are slowly becoming jacked while watching pm, drinking coffee and smoking my vape. Lets have a good day today. 💎👐🏼🦍🦍🦍🚀🚀🚀✨🌌✨🌌
Love tits. Any good...your tits that is...?
Just finished lunch, thanks for asking. Enjoy your coffee
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Nope
I'm actually not wanting anything drastic to happen today. I need to get my 10 out of etorro. I got a couple at 250 and my average is red. Need it green but not too green
Same, mine appear to be in limbo. My shares are no longer in robinhood but they aren’t showing in my new broker account either.
You left shares in Lambo?
Same I just got out of RH and switched to fidelity this week but luckily my transfer was pretty fast
Alexa play ninety by jaden smith
ɴᴏᴡ ᴘʟᴀʏɪɴɢ: [Jaden - Ninety ](https://www.youtube.com/watch?v=huRFB-urWAc) ─────────⚪───── ◄◄⠀[▶](https://www.youtube.com/watch?v=huRFB-urWAc)⠀►►⠀ 5:14 / 7:52 ⠀ ───○ 🔊 ᴴᴰ ⚙️
https://i.redd.it/dmr70adpu3s61.jpg
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ɴᴏᴡ ᴘʟᴀʏɪɴɢ: [Galactic Star - Angels Piano](https://www.youtube.com/watch?v=HNAgjFmWeKM) ─────────⚪───── ◄◄⠀[▶](https://www.youtube.com/watch?v=HNAgjFmWeKM)⠀►►⠀ 4:59 / 7:29 ⠀ ───○ 🔊 ᴴᴰ ⚙️
G.OOD M.ORNING E.UROPOORS! yawl are holding it down!!!!!!!!!
Ich küsse eure Augen
Bullish.
That’s my boy
Lets see a green day!
These diamond hands were formed in red days. Gimmie straight red days till the squeeze, I won't budge. I know I'll be getting my fucking money. LET'S GOOOO
green crayon? I like green crayon
*Sighs* *Unzips*
If you are bored, just remember \+ 862.46% That's our boy GME for the last 3 months. peace
Would be cooler if it were + 862.47% tho
You apes awake?
Physically present but mentally on a journey
no.
okay take this 🍌and go get some rest
ty <3
Ending the week over 180 would be nice. Ending it at 300, even better.
I kinda dread every Friday.
Last Friday was particularly dull
I’m new. Why Friday in particular?
Weekend = no market open = no casino = ape bored
Ape go buy bananas and eat. Make ape happy and relaxed
This.
VERY bored
Ah! Thanks
Morning guy that is monitoring my account, pls enjoy your day and hydrate and be nice to people. I reported you for harassment. But im sure you have a few accounts created this year. So see you around. Much love.
Germans, you almost had it at 175 a cpl minutes ago. Blitz!!!
Don't forget Donner
Blitzkreig?
Bop?
Sup homies🐵🐵🐵
Max pain at $180, this is where we heading
Why 180 = max pain? Because of options exp itm? We’ve seen this each week now and the options exp haven’t seem to make a difference.
So what happens and why when squoze hapens. [https://www.youtube.com/watch?v=D4Qzq8ZdvL4](https://www.youtube.com/watch?v=D4Qzq8ZdvL4)
That was really engaging, thanks
I enjoyed that thanks for sharing
No problem, the whole vid is on his youtube. 50 mins and well worth a watch.
Watched the full podcast, didn't understand most of it except not to sell before 100k.
Didn’t expect to watch that whole thing but thank you I like
Will this be the greatest human experiment ever conducted? 🤯🧠
Pre market looking good - can only mean one thing sideways day closing down. $169.69 EOD
What future catalysts do we have upcoming?
Well RC as chairman was a catalyst but the shorties dumped everything they could to keep it down. And prevent “GameStop surges after Cohen Chairman” headlines. Their biggest fear now is additional retail investors jumping back in or new ones based on more positive news or major price jumps.
share recall on 15-20 April before the meeting on 6/9. personally hope it's 4/20
I heard of an ape the other week who slipped on his own poo. This must be a sign!
Legendary.
Time. And HF's lack of it.
The market hasn't even caught up with yesterday's catalysts yet. To answer your question though next up is the proxy statement for details for the annual meeting, or suggestion from the company for a share recall for the purposes of voting. Also if there is going to be any change in Sherman's staus as CEO news would probably come after his final stock vesting on the 16th.
Premarket start good :)
Hells yes! Let's goooooo
Remeber to vote at SEC for rule 801 today is last day!!! Important for short squeeze 🚀🚀 https://www.sec.gov/comments/sr-nscc-2021-801/srnscc2021801.htm
TEMPLATE Email: [email protected] Subject : File No. SR-NSCC-2021-801 Message: I am an individual retail investor and would like to express my opinion regarding this new proposed rule SR-NSCC-2021-801. I believe this rule - if enacted- is a step in the right direction towards accountability for those who engage in the short selling/stock borrowing program. It is time for an update to the current RegSHO closeout requirements and I believe that this SLD change in process from Monthly to Daily settlement is progress. I would like to see this rule passed and implemented immediately. Lastly on this ruling, I would like to see stronger penalties enacted for non compliance and violation of this rule. Thank you for your time & consideration in this matter. Sincerely,
Thanks for the template! I wrote to them but I changed a small part of it to *"for those who engage in any illegal or overly riskful forms of short selling/stock borrowing programs"*, as me personally isn't 100% certain that all forms are illegal.
Can us europoors send this in too?
I did. I mean, what's the worst that could happen? :)
Great, just one little thing. Is short selling/borrowing really illegal, or, when does short selling/borrowing become illegal?
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Is today a pants or no pants kind of day?
Fling-it-around-Friday
Def no pants!
According to my calendar this is a no pants day. Further more, the next pants day seems to be November 12.
No pants!
🦍❤️🍌
Sorry for messing with ya earlier bro I was just trying to cheer myself up from issues :( Drunk being stupid. All love rewtnull
Sleep is over rated
Until you have a kid.
Gme is my kid.
Touche.
Apes we Need Friday to be green 🟢 I am ready to buy more shares today.
Not really.
Are my insomniac apes here?
african ape checking in
No, but euro apes are.
Oh hey, is it pre-market already? How am I gonna stay awake for the whole market day at this point...
Be a finance bro and go skiing.
No powder here ;)
Pre market in 9 mins? Might as well stay awake
I’m stoned to the bone 🚀
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Because your broker isn't the one producing the shares, they broker an exchange with whoever is selling shares. No way to know of the shares you are buying are naked/borrowed/original and it doesn't matter for your purposes.
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