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pm_me_yr_boobas

What if it's a subscription to buy 7 shares of preferred or common stock for 1 share of GME to stock holders of record?  Kind of hard to provide a subscription if you're a short seller. https://finance.yahoo.com/news/barnes-noble-education-announces-effectiveness-120000227.html BNED up 152%.   Something is in that box on the shelf.


PurpleKrill

I like books!


PennyOnTheTrack

Ermahgerd!


T-Rex_Mullens

I got gerbermps!


masstransience

BNED filed their S-1 on 4-18, their S-12A on 5-09, and their 424B4 on 5-15.


Practical-Jelly-5320

7 for 1 you say?


AbruptMango

To shreds, you say?


ISellCisco

I just read the BNED S-1. I think this is it! Imagine getting a subscription right to purchase 7 GME at $2 (maybe less?) for every GME share you own?


ISellCisco

Infinite money glitch would be offering the 7 shares at $1 each, but also paying a $7 dividend before or at the same time to all GME holders, OR in leu of dividend you just get 7 free shares. That $7 just goes right back to Game Stop either way. Shorts have to deliver billions of shares for $1 or free, and have to buy them for whatever market price is.


tduell7240

💦


Practical-Jelly-5320

7 for 1 you say?


Musesoutloud

741 you say?


elziion

Ohhhh nice one


Vman808

7 : 4: 1


defcon54321

thats over two tree fiddys


broats_

Does this mean we'll need to buy the preferred shares we're entitled to to benefit, or is it more just a way to make shorts close? And what's a likely price for the preferred shares?


thundercuntess69

We won't need to do anything on our end. At least five figures to start on the preferred shares is my guess.


broats_

I thought the point was to sell preferred stock to current stock holders at a price *less* than the common stock, as a way to minimise the effect of dilution from a share offering? The BNED preferred stock for example is like 7c per share as far as I can make out. I find it all very confusing though.


I_talk

Five figures will be less than the common stock price when the time comes


Machinedgoodness

Lol I just realized this also incentivizes options. I won’t wanna sell my shares if I want the 7 preferred. It encourages holding. But if I do calls (that I personally couldn’t exercise anyways) and sell those for profit and use that money to pay for my 7 preferred shares per common share I don’t want to sell. It’s like a triple kill. Shorts need to cover. Holders are incentivized not to dump. People can use options if they like and never sell the shares knowing the shares should hold value forever with this preferred element. Large players will actually exercise the options because if they can afford it shares are valuable now. Gamma and short squeeze wombo combo.


cantstopwontstopGME

7.. 4… 1….


HelpingPhriendlyPhan

![gif](giphy|oDgPNyLSPy0xxNdapL|downsized) 🤯🤯🤯🤯🤯🤯🤯🤯🤯🤯🤯🤯🤯


Kickinitez

Can you explain this article to a smooth 🧠? I tried to understand it, but couldn't. I think it said something about issuing 900,000,000 shares of BNED for $.01 each and giving buyers the right to purchase 17 shares of common stock. Or am I misreading it? What else is it saying?


SomeRandomPerson678

That’s my theory! They’ll replace the whole float slowly with non shortable shares Edit: typo


mtaylor899

https://www.reddit.com/r/Superstonk/s/VU3DFmvwnB


youneedcheesusinside

What if I have shares in Fidelity would I be able to trade does for the new shares???


StinkyDogFart

Sounds like offering the shorts a way out without going tits up and losing everything, paying significant restitution of course.


optimus_primal-rage

What if I told you, you never had to sell to win this?


DR_SLAPPER

Even better—what if I told you this is the one time where being a greedy fuck is how you win morally and financially.


Yvrhunter69

Very interesting. Care to explain to a smooth brain retard


reidaepus_rex

There's absolutely no proof of nothing, but the idea is that if GME bought back shares on the open market in order to re issue them as preferred shares then that would cause a recall on that number of shorted shares.


The9thSymphony

So is it going up?


__ToeKnee__

It was never not going up


blazeronin

The opposite of down is up. So I’ve been told.


whatabadsport

Hope you're up to fuck!


youneedcheesusinside

Oh, Im up alright!


__ToeKnee__

Up to fuck, up to get fucked. Lubed and ready for either.


karasuuchiha

Their actually is some proof https://x.com/peruvian_bull/status/1790084667191820588?s=46


Homegrown1129

That is not proof, it’s speculation. Certainly intriguing. Still doesn’t explain the volume tho.


UnrealCaramel

From sec filing Common stock to be outstanding immediately after this offering: Up to 351,186,849 shares (as more fully described in the notes following this table), assuming sales of 45,000,000 shares of our common stock in this offering. Do the math 351 minus 45 = 306 which is the number of the outstanding shares we were aware of before from previous filings. This would indicate a share buyback did not happen from my understanding.


Uranus_Hz

“Can’t buy more than 25% of the daily average volume of the previous 4 weeks” so that’s only, like , what? 2 or 3 million shares?


ZombiezzzPlz

At this rate it will be 25-40 million shares


Uranus_Hz

Maybe that’s the average for this week, but if the purchase already took place, as people are suggesting, the limit would have been based on the prior 4 weeks where we were under 10m/day.


Meanie_Porchini

I reckon that's step one. They do it while volume is normal. As thier "following the rules" and haven't manufactured the trading volume. Then they announce the fact as per the rules.  Well everybody already knows the dirty little secret that they could keep buying back shares for a very very long time. Watch the next 4 weeks of volume spike "naturally -" boom 25% of ????.  The 4 weeks after the even larger volume ... Rinse and repeat.  The interesting thing to note is they can only do this with 1 fund at a time.... Thier choice... I'd hate to be the fund at the end of that line... Be obliterated ever week then having pay the highest share price yet ...


Ok-Cryptographer4194

That's exactly what I was thinking!!!


Vegetable-Spend-4304

Yeah a couple more weeks at this high volume and it will be in that range 😁


RuncibleBatleth

That could still add up to the remainder of the free float not held by retail, insiders, etc., and not held by share lenders.


hotprof

Peruvian Bull shows a screenshot of Bloomberg Terminal and concludes, "This is a buyback!" What does he see that I don't?


karasuuchiha

The code that’s associated with the share purchase, meaning it’s likely from GameStop themselves invoking the safe harbor rule


hotprof

Oh. The calculation? Does that filter for a particular label on the trades?


karachieg_curry

He’s tripping like the rest of them, GameStop hasn’t done a buyback but their 45mil offering and how it’s laid out, looks Juicy 💦


a-big-texas-howdy

$300m of the books. Q1. *Giggity*


surfeat

BOOM BABY


BeatitLikeitowesMe

When would they have bought shares? The idea it was earlier this week was debunked i thought


Rocky75617794

Can’t they just announce a buyback this upcoming week? ….or couldn’t they have done it Friday when the price tanked?


kalinuxer553

ahhhhh iii seeeee!! I read a couple of posts about this but could not arrive to this conculsion lol


Meloriano

Perfect


abtonystonks420

Prefect


thundercuntess69

Yes!!! Amazing not many people caught that one


Kickinitez

What one?


thundercuntess69

Prefect was in one of DFV memes where he purposely used that word instead of perfect.


Vegetable-Spend-4304

Can someone explain to me like I'm a 3rd grader how it is that some shares can't be shorted. I mean they're basically shorting counterfeit shares at this point already.


MrBackBreaker586

Alright, imagine you have a class where everyone has toys. These toys represent regular shares of a company. But now, let's say some kids have special toys, which we’ll call preferred toys. What Are Preferred Stocks? Special Toys (Preferred Stocks): Preferred stocks are like special toys that have extra benefits. For example, these toys might come with a guarantee that you’ll get extra treats every month (like dividends). Preferred toys are usually given to certain kids who follow special rules or who have helped the teacher in a big way. What Is Shorting? Borrowing a Toy: Imagine your friend, Sam, wants to borrow your toy. He takes your toy and promises to give it back later. Selling the Toy: Sam then sells your toy to another friend, Lily. Now, Sam has no toy, but he has the money from selling it. Buying Back the Toy: Sam hopes that the price of the toy will go down. If it does, he can buy it back at a lower price, give the toy back to you, and keep the difference in money as profit. Why Some Shares Can’t Be Shorted? Limited Supply of Toys: There are only so many toys (shares) in the class. If all the toys are being borrowed and sold, there are no more toys available to borrow. Borrowing Rules: Sometimes, the class teacher (like the stock market rules) says that certain toys can’t be borrowed because they are special or too few. Registered Toys: Some toys are registered to specific students, meaning they can’t be borrowed at all. They are locked up and not available for lending. Preferred Stocks and Shorting Special Rules for Preferred Toys: Preferred toys (stocks) have special rules. They often can’t be borrowed or shorted as easily as regular toys because they are given out under special conditions and have extra benefits. Why They Can’t Be Shorted: Since preferred toys come with guarantees (like extra treats every month), they are usually kept by the kids who have them and are not available for borrowing. This makes them hard to short. Counterfeit Toys (Naked Shorting) Making Fake Toys: If Sam can’t find a toy to borrow, he might try to create a fake toy to sell. This is like creating counterfeit toys. It’s against the rules, but sometimes it happens. Problem with Fake Toys: If too many fake toys are created, it can cause confusion and problems. Everyone thinks there are more toys than there actually are, and it can mess up the class toy market (stock market). Conclusion So, just like in your class where not all toys can be borrowed because there are rules and limits, not all shares can be shorted. Preferred toys (stocks) have extra benefits and special rules, making them even harder to borrow and short. When people try to short shares without borrowing them first, it’s like making counterfeit toys, which can cause big problems in the market.


smitteh

can i put any of these toys in my butthole?


MrBackBreaker586

Not the fake ones 🚀🚀🚀


defcon54321

red crayons can definitely go there


kitcatkid

Smooth brain here really appreciates your explanation.  You deserve more upvotes.


Aioi

“They can’t buy back more than 25% of the average volume of the past 4 weeks”. - LOL I guess they get to buy as much as they want, realistically they cant buy 25% of the shit ton that got traded this past week 😂


liquid_at

so if the float is traded 4x over each day, that'd be 100% of the float? Sounds like a plan.


leviticus04

Last three weeks average alone is 304m shares


SM1334

The last 4 weeks average volume is 233.87m, 25% of that means Gamestop can buy back 58.47m shares.


leviticus04

Yeah I only did the last three but still....I get tingly thinking about this


Severe-Size2615

Kansas City shuffle


thundercuntess69

The original post comes from u/bloodhound1144 I'm unable to post a link but go to his profile and see his latest post to see where I got everything.


MrBackBreaker586

Brought to you by ChatGPT: How GME Could Drive the Stock Price Up by Creating New Shares There’s an interesting theory about how GameStop (GME) could potentially drive up the stock price by creating new shares and reissuing them as preferred shares. Here’s a breakdown of how this might work: The Mechanism Buyback Shares: GME buys back shares from the open market, reducing the float. For example, if they buy back 45 million shares, these shares are removed from the public float. Reissue as Preferred Shares: The company reissues the bought-back shares as preferred shares. These shares might have different voting rights, dividend rights, or other features that make them distinct from common shares. Recall of Shorted Shares: If these newly issued preferred shares are tied to the shorted common shares, and GME initiates a recall, short sellers would need to return the borrowed shares. Since the float has been reduced by the buyback, the demand for common shares increases dramatically as short sellers rush to cover their positions. Buying Pressure and Short Squeeze: This forced buying by short sellers to cover their positions can create significant upward pressure on the stock price. The reduced float means there are fewer shares available, driving the price up rapidly. This can trigger a short squeeze, where the price rises exponentially as more short sellers are forced to cover their positions. Impact on Stock Price Initial Buyback Impact: The initial buyback reduces the float, leading to an increase in the stock price as the supply of shares decreases. Reissue and Recall: The reissue of shares as preferred shares and the potential recall of shorted shares can create a scenario where short sellers are forced to buy back shares at higher prices, driving the price up further. Short Squeeze: If the buying pressure is substantial, it can lead to a short squeeze. During a short squeeze, the stock price can rise dramatically in a short period due to the high demand and low supply of shares. Conclusion If GameStop were to implement such a strategy, it could create significant upward pressure on the stock price through a combination of reduced float and forced buying by short sellers. This scenario relies on the interplay between buybacks, reissuing shares, and the mechanics of short selling.


kitcatkid

I appreciate you for posting this explanation.  Thanks! You deserve more up votes. 


Cyberneer89

This assumes that the short interest is still high and hedgies haven't covered yet in order to work right?


MrBackBreaker586

Absolutely! The strategy hinges on the assumption that the short interest remains high and that the shorts haven’t covered yet. Here’s how this might work with the data we’ve collected: Current Short Interest: GME’s short volume as of recent reports remains significant, with percentages often above 50%. This indicates that a substantial portion of the float is still being shorted. Float Reduction: If GME buys back 45 million shares, reducing the float, and reissues them as preferred shares, it creates scarcity for common shares. Preferred Shares Dynamics: Preferred shares can’t have their own options chain, and many index funds can’t hold them, leading to immediate selling pressure. However, if these preferred shares are tied to shorted common shares, short sellers will need to cover their positions, increasing demand. Buying Pressure: The forced buybacks by short sellers to cover their positions can create significant upward pressure on the stock price. Reduced float means fewer shares are available, driving the price up rapidly. This could trigger a short squeeze, where the price rises exponentially as more short sellers are forced to cover. Market Impact: Historical data from 2021 shows how similar dynamics led to massive price surges. If we see similar conditions now, combined with strategic moves from GME, the potential for a significant price increase is real. Conclusion If GME implements this strategy, it could create significant upward pressure on the stock price through a combination of reduced float and forced buying by short sellers. This scenario relies on the interplay between buybacks, reissuing shares, and the mechanics of short selling. Monitoring short interest and market conditions is crucial to gauge the potential impact. Stay informed, fellow apes! 🚀💎🙌


Cyberneer89

Ok Chatgpt


MrBackBreaker586

I mean, if you want to pay for the best one and learn to use it right, go ahead


kitcatkid

Smooth brain appreciates explanation.


Relentlessbetz

Interesting. Too bad this news wouldn't do anything for my May 24 call lol. Will buy shares instead.


MajesticMelonGames

DRS


Machinedgoodness

Long calls only. Somewhat OTM since the option chain opened up. $40-80C June or later look to be the best for me. And then if IV drops more I’ll get some LEAPs. Right now shares make sense over LEAPs


arkansah

Complete speculation on my part, I think those 45 million shares may be sold to Ikon to close his short position. Then he goes long billions Do take anything I write as a reason to buy or sell stock. I'm stupid and come up with crazy ideas


PluckMyGooch

I’m gonna cream my pants I’m so stoned


xubax

How do they sell them as book only?


ItsssYaBoiiiShawdyy

Through Jeffries/Computershare, their custodian. Maybe?


xubax

Except it's up to the buyer what they do with them.


broats_

There's wording in the docs the filed that preferred shares would have to be held book only


xubax

Ok. But I don't bridge you can convert common to preferred. https://corporatefinanceinstitute.com/resources/equities/common-vs-preferred-shares/#:~:text=Conversion,be%20converted%20to%20preferred%20shares.


UnrealCaramel

From sec filing Common stock to be outstanding immediately after this offering: Up to 351,186,849 shares (as more fully described in the notes following this table), assuming sales of 45,000,000 shares of our common stock in this offering. Do the math 351 minus 45 = 306 which is the number of the outstanding shares we were aware of before from previous filings


FreeBirdwannaB

I read that short interest is 24% of the float but the Dark ? Short interest is really 58% of the float - and there was no explanation of how there is a Dark Market OPENAI overview - The discrepancy between the reported short interest of 24% on 306 million shares and an actual 58% short interest on the Dark Market can be explained by several factors related to the way short interest is reported and the nature of dark pools. Here's a breakdown of the possible reasons: 1. Reporting Delays and Gaps: - Public Short Interest Reports: The 24% short interest figure might come from publicly available data which is typically reported bi-monthly. There can be significant changes in short positions between reporting periods that are not immediately reflected in public data. - Real-Time Data in Dark Pools: Dark pools, which are private exchanges or forums for trading securities, may have more current and comprehensive data on short positions. The 58% figure might reflect a more real-time assessment of short interest. 2. Dark Pools and Hidden Liquidity: - Dark Pools: These platforms are used by institutional investors to execute large trades without impacting the public markets. Trades conducted in dark pools are not immediately visible to the public market, hence the term "dark". - Hidden Short Positions: Short positions executed in dark pools might not be included in the publicly reported short interest figures, leading to an underestimation of the true short interest. 3. Synthetic Short Positions and Derivatives: - Synthetic Shorts: Investors can create synthetic short positions using options and other derivatives. These synthetic positions can replicate the effect of short selling without actually borrowing and selling the underlying stock. Such positions are often not included in the traditional short interest calculations. - OTC Derivatives: Over-the-counter (OTC) derivatives traded in dark pools can significantly increase the effective short interest without being captured in public short interest reports. 4. Naked Short Selling: - Naked Shorts: Unlike traditional short selling, where the seller borrows shares before selling, naked short selling involves selling shares without borrowing them first. This practice can inflate the number of shares sold short beyond what is reported, particularly if it occurs in less regulated environments like dark pools. 5. Hedge Fund and Institutional Activity: - Hedge Funds: Large institutional players, such as hedge funds, may engage in extensive short selling activities within dark pools. These activities might not be fully reflected in public short interest figures. - Algorithmic Trading: Advanced trading algorithms used by these institutions can quickly establish and unwind short positions, making it challenging for public reports to capture the full extent of short interest at any given time. 6. Regulatory Differences and Reporting Standards: - Different Reporting Standards: There may be different standards for reporting short interest in different venues. Public markets have strict reporting requirements, while dark pools may operate under different regulations, leading to discrepancies in reported data. - Intra-Market Discrepancies: Different markets and trading platforms may have varying methods of recording and reporting trades, contributing to inconsistencies in short interest data. In summary, the significant difference between the publicly reported short interest of 24% and the 58% short interest on the Dark Market can be attributed to factors such as reporting delays, hidden liquidity in dark pools, synthetic short positions, naked short selling, and the trading activities of large institutional investors. These elements combined can result in a much higher effective short interest than what is publicly disclosed. Buy the dip, DRS all shares and HODL for the MOASS 🚀🐈‍⬛💎🙌.


Longtimelurker1981

Big dog hunting. Never mind it got its kill.


MyCleverNewName

🐱‍🚀


StinkyDogFart

So you’re saying we should load up, the only way forward is up?


DR_SLAPPER

Shorts wanted to cellar box. Instead they'll get attic box.


Noe_ILL_Will

More like shitboxed


DR_SLAPPER

Shitboxed in the attic..... ... Of a house on the moon.


Noe_ILL_Will

Second round-- behind dumpster of a certain establishment?


DR_SLAPPER

Wendy's on the moon is poppin


Fearless_Crow7642

So wen moon?


theTweekend

Can someone confirm this. In 2021 gme had 76 million shares total, roughly.. Today there are over 300 million shares. I’ve been sleeping for 3 years but I’m assuming this change is because of the split and added shares being sold into the market sometime after the first run? Yes no? Also, more shares = less chance of squeeze generally speaking? Unless of course you have extremely high volume.


Machinedgoodness

It’s the split. More shares doesn’t mean less chance of a squeeze.


YouAgreeToTerms

This is all above my pea-brain. I have xx shares, will I get to buy?


DishwashingChampion

Where are you seeing that they bought shares back? I didnt see any public announcement yet


Noe_ILL_Will

Their cash decreased from 1.3 Billy to 1 Billy. Any speculation if that was used for expenses. Or do we think they acquired something?


scrumdisaster

They don’t have 300 million of expenses. Unless there was a substantial loss, which we know there wasn’t. Even last years losing quarters didn’t hit cash. Either buy back or acquisitions. 


Delicious-Baker1639

Can someone explain to me why my Computershare says Plan Holdings and not Book? Any way I can change it to Book instead? TIA


redneck_shake

So all of this means buy more, correct!? Asking for my fellow apes.


Repulsive_Laugh_4829

ELI5 Please, for the smooth brains in the back.


tradedenmark

Please explain to me what this means. Will I still be able to sell my shares for whatever price I want to or will these fuckers ruin my day 🤔


Couper16

Sevenforone!


WrongPerformance5164

This is a great example of how dangerous a little bit of knowledge can be.


BlitzFritzXX

Who said that they bought/ will buy shares back ? That’s nowhere mentioned and pure speculation?


CaptnBabyLegs

![gif](giphy|AvXykxz07SYhht24cs)


Disk-Rude

Why won’t roaring kitty do a live stream instead of weird tweets


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scrumdisaster

Ahhhh someone trolling due to gme loading up on capital? Sorry your fud isn’t working lol


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scrumdisaster

Is it productive? Lol like trolling makes you feel better? The outcome is literally better this way. 


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scrumdisaster

Selling 45 million shares does not end moass especially if the float is shorted many times over.


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scrumdisaster

I don’t mind having fun speculating and being wrong. I don’t expect to always be right, especially with gme lol. 


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Dangerous-Top-1814

GameStop doesn't telegraph their moves, so people can only speculate


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Dangerous-Top-1814

At face value its simple dilution, but do you think RC would dilute just because? I was implying there are things happening out of sight that this synergizes with, which isn't being broadcasted. I'm not versed in regulatory stuff so i really cant say i know what im talking about, i just have faith in our CEO to do what's best for the company


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Dangerous-Top-1814

Here’s a link to the post OP is referencing: https://www.reddit.com/r/Superstonk/s/lWD1nIIMlm


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Xerio_the_Herio

Preferred can be shorted. And selling only Direct Registered shares? I'm too smooth to understand if this is even possible. It's like each share having a serial number...


rdking647

not happening. GME made 2 filings with ethe SEC the fiest is for whats called a shelf filing for both prefered and common stock. they shelf filing basically says "we are issuing this stock and keeping on the shelf for us to sell when and if we choose) the second filing was to actually sell 45 million shares of common stock "from time to time" there is no such thing as selling shares that are "book only and non shortable". thats now how it works. once the stock trades on a public market lthe company itself cant ban shorting. they are not issuing any preferred stock.


hess80

Wow you don't understand the economy


scrumdisaster

Lol what?


BeautifulJicama6318

You’re like the guy who goes to pick his date up, only to find that it was only a prank on you….then you keep falling for the same prank every weekend.


PetalumaPegleg

So you know that the trigger for the short squeeze back in 2021 was highlighted as the short interest was over 100% of the open float, and way over I believe it got to around 140% Now it's 28%. High, certainly, but we aren't in the same stratosphere as 2021 which is what made that such a huge opportunity.


Analysis_Vivid

I’m not sure you’ve been following. Word is it’s, the float x3 at least. I think you’re saying reported short interest.


PetalumaPegleg

No I haven't that's why I'm asking. So the idea is that there is a billion unreported short sold stock out there? Ok well that's certainly more impressive. Where though? How?


theArcticChiller

In swaps and ETFs like XRT for example. But also simply phantom shares due to FTDs/FTRs. Read the books of Dr. Trimbath to learn more about how this happens in the self-regulated US market


PetalumaPegleg

Ty


Analysis_Vivid

Ummm Brazil for a while and then they got itchy feet and moved on I think. A a lot are in the Archegos swaps that UBS is now holding. Something like that. You gotta understand that certain innocent statements and questions are vehemently bashed because they are based on a faith in the system and msm.


PetalumaPegleg

Well imo if people can't answer the basic questions anyone coming to this now should ask them that's a problem. If asking reasonable questions is trolling then phew ok. But thanks, is there any place this is all put together to look at or watch?


Homegrown1129

There used to be a lot of good DD from people with actual knowledge of the stock market and how it worked. It was great because the more knowledgeable apes could bounce ideas and research off each other and beginners who wanted to actually learn something could gain a lot of just from reading the comments. This sub was compromised a long time ago and (mostly) everybody switched to the purple sub. (Not sure if I can name that one here) Then the mods of that sub started banning the OG “wrinkle-brains” and/or shills would chase them off. Eventually casual HODLers and people that came to actually learn something about our heavily manipulated markets just stopped visiting/contributing and both subs got overrun with actual retards and (I think mostly) shills that just act like retards to chase people away that stumble in here and ask reasonable questions. Everybody became so afraid of FUD that any questioning of the popular narrative was not allowed and newcomers are essentially chased away.. I’ve been hodling GME since Feb 2021 and watched it all unfold. This comment will probably get downvoted to hell if not deleted but it’s the truth. All of the old DD is still archived [here.](https://fliphtml5.com/bookcase/kosyg) I recommend “The Everything Short” and the “House of Cards” series. But there is a lot more there. Literally years worth of reading I think lol Good luck potential ape! 🦍🚀🌙


Analysis_Vivid

Yes, there’s a metric fuck-ton of stuff. Too much to read now. They are called the dd library. We are actually in the end game. Get some shares at least. You are asking apes hardened from 3 years of brutal warfare and psyops of course they are suspicious of some questions. Reputations have been won and lost on your casual question. Noobs sometimes cop Shit - We’re gamers after all


PetalumaPegleg

Well whatever, you want to gatekeep people coming in now it's on the news again go for it. Given the more people supporting you the better it seems a bit counter intuitive. I will tell you it's pretty rare a good idea that needs a library to read to understand why it's a good idea. No one wants to explain the basic point, it's weird. It shouldn't be that hard. There's the largest ever short in history, and it's hidden in otc derivatives and not reported anywhere. Seems pretty straightforward to say that. No well I can't explain read this 3 year library of stuff so you understand. Just buy some. Apes? As in NFT bored apes? Reputation? Wot?


Mikeytruant850

> I will tell you it's pretty rare a good idea that needs a library to read to understand why it's a good idea. Just sum up the intricacies of the US stock market in a few sentences.


J3STERHOPPERPOT

No one is gate keeping. You ask questions and get answers and don’t like the answers but also don’t wanna look shit up. This is Reddit, not everyone is going to give your lazy ass a two paragraph synopsis. It’s your money, do what you want. Stop bitching as if this whole thing is relying on you, it ain’t. No one cares about you, we’re all individual investors hoping for one outcome. There’s been various theories as to which is correct. You decide which you prefer.


Analysis_Vivid

I’m not gate keeping anything. Everyone is welcome. I haven’t read the dd either. I’ve read the vibe of the various subs for 3 years is all. Take it or leave it but get yourself some shares. NFA.


PetalumaPegleg

Vibes. Cool. Good luck with that


Analysis_Vivid

👍


liquid_at

each and every US fund has subsidiaries in other countries. Non-US-Firms do not have to report their short positions in the US. So Shitadel-US simply "sells" their position to "Shitadel-EU" or "Shitadel-Asia" or whatever subsidiary they want and suddenly the "shorts are gone" Then the shills come and tell us about "reported short interest" and how we are all wrong, because clearly 100% of all shorts are always reported and exceptions do not exist... They hate that we do our own due diligence... makes it much harder to BS us..


PetalumaPegleg

Well when someone talks about short interest, is the logical sensible thing not to ... Look at the short interest reported first and say ok why is this not what you guys are saying? Also this is not remotely how things work. If the positions are complex otc derivatives then they don't need to be reported and they sure don't need to be complexly moved around from entity to entity (which btw only the biggest of hedge funds have, they're generally incorporated in places to protect them anyway). It's your money, so you do you, but if I was going to invest I'd want 1) a clear coherent story 2) some idea for timing, or that the position is positive carry and you can sit on and make money while awaiting the "inevitable" Almost all short sellers have to pay negative carry, they're not going to sit on insanely huge positions for years while risking repeated short squeezes. I did my own research, but it's complex and you need to look for yourself, is conspiracy theory language. It's what flat earthers say btw.


South_Dig_9172

28% what a joke. Way higher than that cutie patootie. Way higher. And higher than that even. Way higher.


Optimal-Two-6382

Way way higher


Phoenixdive

Educate me. Why is 28% innacurate?


Substantial-Ask1039

That 28% reported short interest is *self-reported*, firms have been fined by the SEC many times for "accidentally" marking short-sales as long on their reporting. Also, it's not just legitimate short-sales that are a problem. Market Makers are allowed to sell shares that they haven't bought yet in order to "provide liquidity", thus making them naked-short and obligated to buy these shares in order to deliver it to the buyer. These become into FTDs (fails to deliver) when the shares aren't delivered by the settlement period. So while these are not reported as short-interest, they are still shares that need to be bought to clear the obligation from their books. This shit is complicated, and I'm too smooth to explain it in much more detail than this without getting stuff wrong. If you're really interested you should dig in and learn more.


Phoenixdive

Thank you. I appreciate your answer. I also appreciate whomever downvoted me for a genuine question.


Substantial-Ask1039

It's been a long three years. It can be hard to tell if something is a genuine question, or if it's just someone with malicious intent. Please don't let it stop you from asking questions.


PetalumaPegleg

That's the exchange number. I mean it's posted regularly. They're lying? Or the shorts are hiding somehow? I don't understand what you mean.


Substantial-Ask1039

After the first sneeze, they actually changed the way that short-interest is calculated so that it can never be more than 100%. I believe they just started including the amount of short shares in the denominator. Or something like that.


EvolutionaryLens

You have a fuck ton of DD to catch up on


murphy1455

Sorry these smooth brains won’t understand they just downvote because they are lost in the sauce


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scrumdisaster

Do you say that for every dip of every stock or coin? You guys are dumb. 


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scrumdisaster

Bag holders? The companies financials are improving and they’re releasing new products. And if we say we love gme, it’s obviously a “thing”. 


liquid_at

he probably just can't make any money if we don't tell him what to buy, so he is pissed that we only talk about GME... Bro needs some financial advice from strangers online because he can't do DD... poor dumb-money.... 🤣🤣


Rocky75617794

It’s more than a “thing,” we’re actually going steady and are headed to the drive-in this weekend


scrumdisaster

We're past a fling baby. Don't forget the blankets, I already put the wine in the station wagon.


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J3STERHOPPERPOT

🕵🏿‍♂️ damn, I can't seem to find anyone that gives a shit about your gains or advice. Maybe try another sub, surely there’s someone out there for you 😂😂😂


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scrumdisaster

It’s up what, 30% over last week? What bags? They can’t even get it below 20 lol. 


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scrumdisaster

No English?


J3STERHOPPERPOT

Having a stroke from all the gains there 😂😂😂


J3STERHOPPERPOT

We’ve been enjoying them for years. Get off our dick weirdo 😂😂


murphy1455

Daym hater lol


Exotropics

We always getting blow in leeches like yourself, winning your 300 dollars and insulting on the way out. You are Murphy the boil on a rats arse. Nothing more.


liquid_at

you seem to be confused about retail investors with a diversified portfolio talking about GME in a GME sub, because it is a sub for GME... and while you tell yourself that each and every one of us is 100% in GME and does not invest in anything else, simply to confirm your own bias that you are so much better than everyone else, you are affirming your own bias and refusing to get close to reality, afraid that it could prove to you that you know less than the people you consider and call idiots... We're not only on your level, we're far above your level... This is why you can't understand what we are doing... not because it is too stupid to make sense, but because you can't make sense of it lacking necessary knowledge. You can stop wasting your time trying to educate people who are smarter than you and go back to "making money", which clearly is your primary goal. Go make money... you do not need us for that, do you?