Lately I’m thinking we could hit 100% DRS and shitadel would continue to sell GME shares in the name of liquidity.
I think the only way to actually punish the short sellers is a cash dividend. Every quarter that Gamestop earns profit should be a quarter that Gamestop pays out a cash dividend. It can be small, just a portion of those profits. But if Gamestop keeps earning profit and keeps paying out cash dividends, that’s the only thing that I think will cause the shorts to close and walk away.
No dividend = shorts roll over. More and more shorts get hidden in swaps and dark pools. The naked shorts just keep piling up by the hundreds of billions and nothing ever makes them close.
The alphabet agencies won’t do anything. As far as they’re concerned the infinite liquidity created by market makers is completely legal. Congress won’t intervene because they’re just as crooked as the hedge funds and make huge amounts of money from insider trading and lobbying from many of the institutions who are rigging our market.
Gamestop’s executive board is the only group of people on this planet who can trigger the MOASS. They can do it by issuing dividends. Just my 2 cents.
Funny how at the same time the OCC is trying to push through a change to margin calls that would prevent bankruptcies (and thus shorts closing), Wall Street is trying to convince us that margin debt is decreasing and there’s nothing but continuous gains for the future of our stock market.
A persistent decline in margin debt suggests that a red flag from the meme-stock mania of 2021 is currently non-existent.
If that’s the case, then the proposed rule SR-OCC-2024-001 is completely unnecessary and irrelevant. Why would they even propose this if margin debt is so low?
The fact is they hid all the margin debt in dark pools and swaps, and they are bullshitting us. By all rights these banks and hedge funds should have gone bankrupt already, and they are shitting themselves in fear knowing that a day will come when their debts come due.
While they are posting bullshit articles like this to compel us to give up, they crawl on hands and knees to the regulatory agencies and beg for leniency. That’s what SR-OCC-2024-001 is. It’s a pathetic cry for help from a self-entitled baby who doesn’t want his pretty little ass spanked by daddy.
I agree OP. Don’t bow. They lie and lie and lie, and while it is frustrating that they can seemingly refuse to pay their debts indefinitely, they are not all-powerful and the only thing we need to do to win this is hold.
Also if you’re looking for a good email provider, Hushmail is a privacy-oriented email that can encrypt emails for safekeeping. They are hosted in Canada, and they also allow you to create email aliases (fake emails) that you can use for specific purposes and messages to the aliases are sent to your normal inbox. These are great if you want to contact someone or sign up for something and don’t want to give out your actual email address.
I changed to hushmail when lavabit was shut down back in the day. I hear lavabit was brought back online after a while but I wasn’t going to wait around without a functional email address in the meantime.
The horror aspects were fine. Though I admit it tiptoed along a PG-13 rating. What bothered me was the great fairy scene. You didn’t want your parents walking in when she started screaming and laughing and giggling.
I swear I remember her spreading her legs during the bless animation when she holds her arms out to you, but I don’t see that on youtube videos. Anyone else remember this? On youtube she just lifts one left at the knee, which isn’t what I remember.
They have a thread about the sub being more cult-like but the author explicitely makes a point to say it’s not the mods.
lmao
The mods banned anyone who doesn’t think and speak specifically how they want. Of course it looks like a cult now.
We would lock the float very quickly.
I think Q3 is going to be profitable but I don’t think the price will rise after the earnings call. Instead I expect more BS from the MSM and the price will plummet in an attempt to break the ape’s hold on the stock.
They’re just digging their own grave. This trajectory isn’t sustainable. The rate of DRS is just going to skyrocket.
The fact that Cohen is personally invested in Gamestop was a contributing factor behind why I decided to go all-in on GME instead of cashing out at a loss.
That and the fact that Gamestop isn’t in debt, has over a billion cash on hand, is expanding its online storefront and built distribution centers for online sales, and is building a digital games storefront with PLAYR.
They’re in a good financial position, have great leadership, and are making all the right decisions.
So why is Gamestop constantly being bashed by the media? Why have all these investor websites who previously didn’t bat an eye when retail lost money, suddenly so concerned about my investment in Gamestop?
They aren’t half as smart as they think they are. Money has been raining on fools for far too long and it’s time the fools lost their money.
Caeser2021 5 hr. ago Your point about the burnout and mods, there was never ever any interaction on mod selection, in fact if my memory serves me, there were instances where it was brought up by the community how the Mod team had grown and how people were selected for it.
So with all due respect, the community hasn’t asked the mods to do anything, because the community had no knowledge or input on their selection.
jackofspades123 3 hr. ago I encourage you to read the open transparency threads in the discord. You might find them interesting and eye opening.
^ THAT Why should members of a subreddit have to sign up to a discord in order to be involved in the selection of a mod on their subreddit? This is like the Vogons in Hitchiker’s Guide to the Galaxy. “How could you not know that your planet was going to be bulldozed? The relevant form was hung in the Intergalactic Bureau of Space Administration’s office for the past two years!”
The people running the place have to work for the federal government. Only the feds could set up this level of compartmentalization.
It’s dropping towards $15 so today I transferred money to my account in Fidelity. Going to buy the dip and DRS. As long as it stays under $16 I should end up with 300 fully booked in Computershare. Never thought I would get this many. Ken is really stupid. He should lay off the mayo and consider a low cholesterol diet. Might clear up his mental fog.
The stonk tracker at https://gme.crazyawesomecompany.com still shows the remaining float that hasn’t been locked. But I miss the pie chart that computershared.net used to have.
It sucks that it shut down.
I agree I think it was because bad actors on wall street didn’t want the peasants to know that certain groups are increasing their ownership.
If we saw insiders, or institutions, or mutual funds suddenly buy a lot more, we would be able to look deeper into that and learn things. They threw a wrench into that.
I’d love to see someone else make a duplicate website that does the same thing.
The question is, what causes the shorts to close?
It seemingly happens whenever the rich want it to happen. None of the regulatory agencies care to enforce the law.
I don’t know when it happens. All I know is we are on the winning side of this trade.
If you think things are getting worse because we’ve watched the price crab downwards for 2 years and 8 months since the sneeze, that’s not the case.
The current situation the best it’s ever been for us. We are closer to MOASS right now than we were in January 2021. The spring is coiled tighter, more shares are in DRS, and I think the SHF’s are even deeper in the red.
To extrapolate further consequences from infinite liquidity:
options are useless. Any attempt to move the price by gamma squeeze just gets washed out with a larger amount of short selling. It’s possible the hedge funds were taken by surprise in January 2021, but they’re watching closely now and they won’t let it happen again.
TA is useless. Sure we can look at short volume and options data and draw lines on a whiteboard. But any time we predict a MOASS they will just short sell more on that date and there won’t be a MOASS.
How to MOASS? Audit the DTCC. The only way we win is if there is a short selling ban on GME. The ban would have to last for years and force all short sales to close without any opportunity to roll over the short by just shorting more.
The FTD data suggest they are in fact closing their shorts. There is very little FTD happening in GME’s FTD data.
They are able to close thier shorts if infinite liquidity allows them to open two new shorts perpetually. Every time they close, they just open two more. This way they keep getting more money and more time.
50,000 or maybe 100,000 on a bad day. That seems like a lot to a retail investor, but that’s nothing when the float is officially 265 million. It’s actually very low as a percentage of the float.
For the record - because of infinite liquidity there is actually much more than 265 million shares of GME in circulation. That means this level of FTD is piddly small. Absolutely tiny.
But we know that the short sellers have huge short positions based on the short volume being over 50% every day for years on end.
How can the short volume be so high, and the FTD’s be so low, for years? This is possible because they are closing their shrots but they are able to short sell an infinite amount of shares.
Apes have limited buying power. Hege funds have unlimited short selling power.
All these people saying “that’s just FTD’s” or “you’re just describing FTD’s” no I’m not. You’re not understanding the consequences of infinite liquidity.
Let me ask you this. How can short volume be over 50% for years on end?
How can GME’s FTD data show so few FTD’s, for years on end?
Both of the above are true. But that’s only possible when there is a lot more short selling than shares being purchased at market by investors.
Meaning apes have limited buying power, but hedge funds have unlimited short selling power.
Don’t know why I’m being downvoted here. Please check out the reddit thread too.
https://www.reddit.com/r/GME/comments/15u5vd3/what_if_ftds_arent_the_real_issue/
This is why our stock keeps crabbing downhill.
It rises a little, and then gradually fades away.
That is short sellers buying to close and then short selling x2
Infinite liquidity causes stock dilution, which is theft.
Audit the DTCC.
Nope. Things have been dragging on too long we know that the stock is naked shorted and we know that Citadel Securities has over 65 billion in “stock sold, not yet purchased” and we know that their revenue slid 35% in June this year. They have to be in margin call territory but I don’t expect them to get margin called, or ever fail one. Cronyism is at work and all the regulatory agencies are going to look the other way.
However they cannot weasel their way out of a cash dividend. This is the silver bullet. They can’t substitute fake cash like they substituted fake shares during the splividend. If Gamestop issues a cash dividend, the short sellers have to pay up.
That is why every time I explain this, I get shills trying to silence me. The short sellers absolutely DO NOT WANT this to happen! They are going to scour the internet and shill every thread about it. Just like right now.
This triggers MOASS.
Anyone who wants ROI or a short squeeze should want a cash dividend.
dilution is a negative term because it means everyone holding that stock watches as their stock becomes less valuable. It’s also completely accurate to describe the share offering as dilution because that’s exactly what it did. Trying to present the dilution as a positive thing is desperate hopium by followers of the ryan cohen personality cult.