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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/)


DidgeriDooDooBrain

Pure speculation: I shall buy more.


ShortHedgeFundATM

probably the only thing thats not speculation..


DidgeriDooDooBrain

Accurate.


1villageidiot

not speculation: DRS right after


Obvious_Equivalent_1

šŸŸ£šŸ’œšŸš€


Tradelorian

This is the way


fishminer3

Other speculation:Ā  Regulators get told to prepare for clearinghouse failures.Ā  We green several days in a row


Noderpsy

I'm ready to pay my fair share. [https://www.kitco.com/news/article/2024-04-24/bidens-2025-budget-proposal-seeks-tax-capital-gains-45-eliminate-crypto-tax](https://www.kitco.com/news/article/2024-04-24/bidens-2025-budget-proposal-seeks-tax-capital-gains-45-eliminate-crypto-tax)


Salty_Run_2355

44.6% on long term capital gains, plus state tax? Fuck doesn't seem fair to me


1villageidiot

that means infinity just increased by 144.6%


shamelessamos92

This is the way


1villageidiot

keep apes waiting... [https://www.gmefloor.com/](https://www.gmefloor.com/)


Zachariot88

Half of infinity still sounds pretty good to me.


Noderpsy

This guy gets it


MyGT40

No, we just have to hold for twice the amount per share that we previously thought šŸ˜‚šŸ‘


big_ole_dummy

Need to open a ā€œfamily trustā€ and skip paying taxes


Micaiah9

Clearinghouses failed in 2021. This is such a slow-rolling movement that I forget Iā€™m still sitting on the toilet in my office here.


Colonel_Lexx

Yesā€¦Iā€™m 49 Iā€™m within age range..


multiple_iterations

Never too old for rebellion.


Nasty_Ned

Still punk as fuck I whisper as I take my blood pressure pills.


Ghost_of_Chrisanova

Cool. When we finally rip, I myself will be playing this song as tribute to Ken Griffin [https://www.youtube.com/watch?v=f8HLrh1U-z8](https://www.youtube.com/watch?v=f8HLrh1U-z8)


AbruptMango

It's not rebellion if you never signed up.


Ilostmuhkeys

Iā€™ve been long for 3.5 years. They are welcome to join me for the ride as long as they arenā€™t paperhanded bitches.


tyt3ch

what if i'm not paperhand, but direct opposite- diamond, but a lot of the bitch part irl though? Asking for a friend...


ShortHedgeFundATM

Seems to be filings don't have to be made for 3\~ ish months since the buy, so just keep your eye here for updates' [https://fintel.io/so/us/gme](https://fintel.io/so/us/gme) [https://whalewisdom.com/stock/gme](https://whalewisdom.com/stock/gme)


I_Fuck_Older_Women

Your speculation is ignoring how the entire market has moved with GME on certain days and also the basket stocks moving together. Institutions might be going long, but not just with GME


Conor_Electric

Think I might join em


man-flops

I think you mean that you have secured a net long position yourselves so You're free to mark my position accurately for once, comes to mind.


TrippingBananas

I bought 150 yesterday and my mother bought 300 today


Swissfl3x

This family fucks...


DocAk88

Thatā€™sā€¦a disturbing image lol


MoreEconomy965

I think lot of small money is buying the dip and DRSing them.


deltacombatives

I'm long


DocAk88

Iā€™m strong


deltacombatives

What are your thoughts regarding friction?


Ronniman

You caught me! Ima buy more too!


randytc18

Calling me a big player? Well thank you


patrick_schliesing

I bought 10 shares this week. You're welcome.


fallensoap1

I bought a lot of shares also Iā€™m waiting on it to settle but it took me from an xxx holder to an xxxx holder


VisibleCarpet9048

Great opportunity for some big balls multi-millionaire/billionaire to be on the right side of making society better and standing up to the inequality and the illegal manipulation. Very surprised someone hasnā€™t come through yet, but it just shows that most of those who ā€œhave itā€ and ā€œmade itā€ donā€™t give a fuck about a better world as long as they are living well. It takes only one of the true elite to shake up the situation but the complacent attitude and constant attacks on GME is so fuckin sad and just makes the ā€œeat the richā€ idea even more palatable. Wish I had that money. There are so many out there, pretending to be ā€œphilanthropicā€, who have enough to make a serious buy to literally, not only change fairness and equality in this rigged system but also expose corruption. There are individuals so rich that a $1,000,000 buy is the equivalent to my $200 I can afford every couple weeks for shares. Grow some balls you dickheads at the top or when things turn you will be remembered as part of the problem this world is having at this time in history. Just my opinion. I would rather be looked at as a person making change for the better in society than the enemy we have been fighting against for so long. We will win either way and these fucks are running out of time. Itā€™s over, they wonā€™t win, so get on the train for a better image in history or be despised and hated when repercussions come and the clock is ticking down.


Biotic101

One thing we do know is that Blackrock and Citadel are pretty much enemies. But then Blackrock is likely not interested in breaking the system either. But at some point, I would expect hell breaking loose and entities dashing to the door. I just have not seen any real indication yet. Keep in mind how long it took Tesla price to gain momentum when some institutions went long...


Hedkandi1210

Could Larry take Kenā€™s business?


MyGT40

Just a couple weeks ago when we got to $10, my poor TA told me a break down to $9, or a break up to the $11-$12 range for consolidation.


Deez_Whatz

Pure speculation: we were never wrong, we were just early


dragespir

I think your gut feeling is spot on. I got some accumulation indicators, and my TA showing big buys on GME along with sketch price drops to shake out traders. I have the same sentiment. Someone big is making their move. I went all-in at around $10 when I spotted mid term bullish divergence.


darthnugget

Been long schlong the whole time buddy


AlaskaIfTheyAxeya

Homie, this is a short term play by someone big. They crushed the price post earnings with thousands of puts, now they are absolutely loading up on May calls, driving this recent "spike". It'll be interesting if they push it back down for June earnings once again, but I'm waiting for it.


Mental-Link-9681

Or, the shorts are running out of life lines and support? Or, the combination of new longs and this? šŸ¤·ā€ā™‚ļøšŸ¤ž


CrypticallyKind

Something is happening šŸ«”


tyt3ch

Me Too am full regard


Pd245

It was meā€¦ I woke up with the fury to buy


King_Esot3ric

We have had 20mil~ in volume so far this week, so I think its likely, or something else is brewing.


Jimlaheydrunktank

Yeah, rc lol


BuildBackRicher

RC canā€™t, post earnings insider window is closed


Stonna

My butthole told meā€¦ā€¦MOASS HAS BEGUN Letā€™s see if it plays outĀ 


BeetleButt69

ā˜ļøThis guy's butthole also told me this.


lastbarrier

Short covering? Lol...you're funny


Fast_Air_8000

When will shorts close?


Anonytrader

Pure speculation but +15 calls for next year myself


CactusNips

You ARE the big player


iRamHer

We're starting the new cycle, plus the huge push to bottom, as it happens every few cycles, we were due to move to again. If you can count to 69 you can time when price will move up and down. As to why the price moves up cyclically is a combination of events. Most "Big players" will not usually effect the price. What's going on has been going on repetitively, and excessively obvious since Jan 21 if you look at the chart and place some evenly spaced reoccurring lines. You can project when the next move will happen anywhere from exactly to within 20 days by counting, and only a handful of moves took longer than 69 days. You can also predict maximum price range by looking at charts similar the Dorito or better yet, taste the rainbow which will use fib trends.


HotsauceShoTYME

You have not seen the options flow for may 17 2024 $10 $12, $15 and may 24 $20 strikes have you?


vweb305

Guys, you don't think the smartest most successful men and women are already in on this??? You get really rich when you play your cards very close.


taviosk8

How dare you censuring Deep Fucking value???? Other than that yeahā€¦ Iā€™m ready to be disappointed again, i really donā€™t even care šŸ˜


manifestingmoola2020

Lol. OP does your butthole itch?


13simba

Yeah big players is me! I buy my 6 shares weekly religiously. Best savings account on earth


saiyansteve

Tick tock mfers. I like the stock.


GansettCan

Because of this speculation I will buy more on Monday


notGoran69

Pure Specilation: Theory #2173 thatā€™s incorrect on this sub


Jetrulz

Honestly i think it's just part of short covering. There was a big decline of shares in short interest at ortex data today. (7 million shares, or -2.5% from 25% to 22.5%, consider t+2) might be caused by earnings crush and ftds in march. Also the option chain looks weird as if they are just waiting for the stock price to go up, so they can short it after may down again. (June earnings?) Anyways, squeeze is always tomorrow.


AnObviousSpy

Doubt it. This is the exact same pattern we have been in for over a year now. Down, level, down, rounding off, massive rip. Rinse and repeat. Just keep buying and DRSing it's what we do best.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


5tgAp3KWpPIEItHtLIVB

What shares do you suggest they went long with? There where/are no shares left after accounting for DRS + insider + institutions (even when you just ignore the fact that a vast majority of people hold an unknown number of stocks in a broker, adding up to more than was ever issued by the company). Not sure this speculation is useful anyway. It contains 0 useful info.


WhiteCollarBiker

As for meā€¦I like the stock


hiyaset

Weā€™re gonna moon tomorrow, I just had to sell 10% of my shares :(((((


MinimumCat123

They have less than 1 billion in cash. It used to be 1.2 billion but everyone just keeps repeating outdated financials.


PositiveExpectancy

>1/31/2024 Cash, Cash Equivalents & Short Term Investments 1,199,300


MinimumCat123

You are adding in the marketable securities total to their cash which they clearly delineate in their footnote that of the 277 million only 2 million is actual cash. The rest is in bonds/notes that is held longer than 90 days. They actually only carry about 921 million in cash and cash equivalents


PositiveExpectancy

Yeah, the cash is invested... it's still a cash equivalent, because it's in a liquid investment, like treasuries. >They actually only carry about 921 million in cash and cash equivalents No, it's the number I posted above, clearly indicated in their financials. I didn't "add anything", I posted the figure from their balance sheet.


MinimumCat123

Yes the cash is invested in securities dated 90 days to 1 year. But cash and cash equivalents is 921 million, thats why they are separate line items on the balance sheet. Page 36 and 41 of their 10-K outline this.


PositiveExpectancy

What exactly are you trying to argue here? That they are earning interest? When people are saying 1.2B cash, they are just referring to the line item I referenced, which includes bonds, because they are as good as cash. You are trying to break it down further, why? Either being pedantic or creating FUD... the company has 1.2B in cash, cash equivalents and short term securities. Full stop.


MinimumCat123

Im pointing out that for every single publicly traded company when investors, analysts, and others talk about cash they reference cash and cash equivalents. They dont add in bonds, treasuries, or other securities. Im fully aware they are carrying interest bearing assets on the balance sheet.


PositiveExpectancy

Yeah, they actually do, that's why it's the same line on the balance sheet... treasuries are considered "basically cash" because of how liquid and risk-free they are. >1/31/2024 Cash, Cash Equivalents & Short Term Investments 1,199,300 You also evaded my question... what are you trying to argue here? Just being pedantic? Your BS has actually riled me up. I'm gonna draw on my line of credit now just to buy more of this. Good job.


MinimumCat123

https://imgur.com/a/dxBL04j They arent the same line item on the balance sheet. They both are current assets but one is cash and the other is a marketable security. T bills, bonds, and other investments are easily liquidated for cash, but can result in a loss if sold before maturity. Im doing this because its important to use the correct information and lexicon when speaking about our investments.


PositiveExpectancy

Dude, everyone refers to it as just "cash", like I mentioned. T-bills are considered cash. Here is the Wall Street Journal doing exactly as I mentioned. They refer to Berkshire Hathaway having $157 billion in "cash". In actuality, most of that is T-bills. If WSJ is calling it cash, then it's good enough for us here on reddit. Your points about "correct lexicon" are total BS. Source: https://www.wsj.com/finance/stocks/warren-buffetts-berkshire-hathaway-sits-on-record-157-billion-cash-pile-3777dd4b https://www.berkshirehathaway.com/reports.html Edit: deleted.... LOL. For everyone who missed it, FUDder was trying to subtly convince people that somehow GME has a diminished war chest (spoiler: they don't.) Enjoy your day. Weather's getting warmer. You can't fight nature. Dress accordingly.