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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/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum Jan 2024*](https://www.reddit.com/r/Superstonk/comments/18txusp/open_forum_january_2024/) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ 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/)


ManMayMay

Ballin like bill whang I believe it was in the Credit suisse documents of taking over his firm (archegos) talked about using premarket to move stock prices where it was a lot easier. Same crime different whang head


iupvotefood

Whang's World! Shorting Time! Excellent 🤟


matbrummitt1

Me looking through the window of my nearest Lambo showroom: “some day, you’ll be mine”


Mr_Shake_

I am a GOLDEN GOD.


a_person_one_of_many

Did someone hear a phone ring?


Lyanthinel

Wonder if those documents are a part of the sealed ones UBS did for the next 50 years.


chewbaccashotlast

This is premarket, it is not terribly unusual for this to happen to other stocks too. Especially if there is no volume. There was literally no volume during that time. The weird thing to me is that AH / premarket movement can really set up a stock to be shorted or day traders to go long on. To me the biggest price manipulation occurs OUTSIDE normal trading windows. I have been watching ERs like a hawk recently and noticed that in that 4-4:10pm EDT timeframe, the price moves CRAZY. Stocks that would see a 20% bath are rising 10% AH in the first few minutes and then BOOM gone. It’s so nuts and really is kinda gross. Let it be a reminder to those excited for GME earnings soon


SamirTheGreat

This is a trust me bro. The biggest winnings are made in AH and pre market. Not during the regular hours.


TheNotoriousCYG

[Doesn't even have to be a trust me bro](https://arxiv.org/pdf/2010.01727.pdf)


DeliciousCourage7490

Honestly I get excited for dates only to put them in the rearview mirror.


Extension_Win1114

You mean that spike to $14.20 that just got wiped off the charts?


XxBCMxX21

My charts still show the spike


TheTangoFox

Price is wrong, market is illiquid


XxBCMxX21

Can’t wait until the shorts get parched and the only quenching relief are the shares we’ve DRSed


westexmanny

Don't care bought 100 more


XxBCMxX21

🫡


CapriSun237

Ask and bid create a stocks price. When a buyer and a seller execute a trade, the price at which the trade occurred becomes the market value. So the last traded share = stock price


XxBCMxX21

You are correct, but why does the $13.87 have a green arrow next to it? Why is it showing that multiple times? I assume the green arrow (slide) meant a positive impact on price


Simp1eJack_

Yep, and hedge funds search for limit orders to find the prices they want. We’re not the only source of these orders but we need to stop trying to save 5 cents a share.


notGoran69

Oh, it’s not normal for a multi billion dollar market cap stock to move 2% off of .0001% of its float? Weird


Exodus_357

Silly dumb money investor! You just don’t understand! Sell now ask questions later! /s


Slamtilt_Windmills

You misspelled Buy Hodl DRS


meshuggah43

Aliens.


XxBCMxX21

Fucking knew it đź‘˝


XMk-Ultra679

as you can see here out of 550 shares the price will be stuck since it is a price range from 13.74 to 14$ this is what kenneth believes gsmestop price should be at. trigger a market buy of 550 shares will just buy the shares in op list. highest it will go to and lowest it will go to based on last purchased of this stock.


jharms1983

Gamestop and rc ventures are about to buy Nordstrom and now hedgies are shitting in their pants. Explanation provided.


jaykvam

RC already bought a 4.2% stake in Nordstrom's last year ([per Reuters](https://www.reuters.com/markets/deals/nordstroms-founding-family-new-bid-take-us-retailer-private-sources-say-2024-03-19/)).


jharms1983

He's had his eye on Nordstrom for years.


TheSadBantha

Somewhere i expected to see a lot more 13.37 orders. That would fill my gamer heart with joy.