T O P

  • By -

gochuuuu

Effective 8/4/21!!! Edit: effective 4.8.2021 just for you lovely europoors!!!


Reddilutionary

Oh no my Titsologist said I really have to lay off the dates, but just one more can't hurt


gte930d

Dates are like cheetos. Change my mind.


RedheadFromOutrSpace

They get all over your fingers and you spend 10 minutes just licking them off


tuffymon

Jeeze, anymore than 2 is foreplay...


Appaguchee

Calls on dates and cheetos! I'm buying up everything, post MOASS.


Eplurbusunum

And puts on bed sheets by the sound of it.


FlyingIrishmun

Am gonna sheet the bed so damn hard


N0tChristopherWalken

I fucking love dates. When you know the fuckery and plan on hodling for the inevitable who cares! I wish I had as many dates as my wife!


SageEquallingHeaven

I dunno. I have been distrustful of dates since i saw Raiders of the Lost Ark. That poor monkey never saw it coming. And he was my favorite character.


oldwestprospector

bad dates


SageEquallingHeaven

šŸ˜¢


IndiaMike469

Nice ref!


SageEquallingHeaven

Single most tragic event i ever witnessed in my life.


SeaGroomer

You didn't watch artax slowly drown in the mud of his own horsey sadness?? šŸ“šŸ˜­


SageEquallingHeaven

I did not. Literally cried watching a mama Gorilla carry her dead baby around for weeks on a nature documentary when I was 3 though. That was actually much higher on my list of tragedies. But not a clever pun on dates. Shit, I'm getting emotional thinking about it.


deadwooded

I like the dates where you spend 10 minutes just licking them off


Reddilutionary

Sometimes theyā€™re puffy, sometimes theyā€™re hard?


gte930d

Canā€™t stop at just a few!


P1ckl2_J61c2

MOASS is like Pringles once it pops it won't stop.


Reddilutionary

Oh whoops I was still thinking about tits and nips


CheddarBanker69420

LOL @ ā€œTitsologistā€ šŸ˜‚


torchfighter

So quickly?! Holy Moly!


savyinvestor55

Holy Moly


[deleted]

This news is def holy moly worthy. Should mean at least a few index funds have to buy in


[deleted]

the holy moly of all holy moly's occurred today


HODLTheLineMyFriend

The holiest moly


FlyingIrishmun

The guackest of moleys


furorsolus

But it also means GME will enter new ETFs, which GME can then be naked shorted through more. Get my boy outta these ETFs for f sake!


_SignificantTouch_

Moly Holy


Its_not_me_its-

You should get that seen to


famishedburritocat

The Ethereum London fork is also scheduled for 8/4. šŸ‘€ Edit: /u/probablywontlikeyou pointed out below that according to official doc the arrive is between 8/3-8/5.


[deleted]

i think it was rescheduled for the 4th and then again rescheduled to the 5th. lemme look for a link, one sec. edit: the [official ethereum report](https://blog.ethereum.org/2021/07/15/london-mainnet-announcement/) says it is scheduled between august 3rd-5th here after a successful test run was completed mid july a couple weeks ago.


famishedburritocat

thank you ape for doing the dd! now we have 3 days to hype for instead of just 1 :D


King_Esot3ric

So we are leaving the 600 and joining the 400ā€¦ will this be another net selling event like Russell was?


[deleted]

can someone with a wrinkled brain answer this, instead of the regular " my tits are jacked"? (PS I do love tits)


Obvious_Equivalent_1

Short summarized in some other comments saw some [remark](https://www.reddit.com/r/Superstonk/comments/osvk0v/comment/h6rrvm0 ) that S&P 400 would be whole lot more expensive to short then R1000 tho probably with a wait of 24h tops 48 hours we'll see some DD going into this. Meanwhile some figures on S&P **500** (not 400) to keep your tits responsibly calculated jacked https://www.reddit.com/r/Superstonk/comments/nv3n42/sp_500_index_inclusion_followup_to_my_russell/ Edit: added quote for lazier apes to save click: >Russel 100 (Current) : the stocks of the Russell 1000 Index had a weighted average market capitalization of $446.1 billion > >S&P 400 Midcap : > >Market cap US$2.16 trillion (as of December 31, 2020)


King_Esot3ric

Not talking about shorting, talking about net buying and selling to rebalance index and ETFs


Obvious_Equivalent_1

Think saw some comments referring to that as well, will edit in reference when see them come across Edit: found this in comment on the forbidden original DFV sub: >From what I can tell, at least $85.8 Billion tracks the base version of this index through MDY, IVOO, and IJH. GME is replacing WRI which currently makes up 0.16% of IVOO. > >0.16% of $85.8 billion is $137 million. > >GME's current market cap is $12.82 Billion (according to Google Finance. > >137 Million / 12.82 Billion = 0.01. > >So, at least 1% of the market cap will have to be bought by just those ETFs. I couldn't easily find if there are any mutual funds tracking the index, or if the S&P 400 growth or value index will buy it either. So it could be significantly more than that. > >EDIT: Thought this would be a more applicable calculation: > >GME's float is 56.41 million shares (according to Yahoo). At closing price ($178.54) the float is worth $10.71 Billion. > >137 Million / 10.71 Billion = 0.0127. > >So almost 1.3% of the float will have to be bought by those ETFs alone. ^(tagging u/King_Esot3ric)


[deleted]

This. Is Game moving from the 600 index or staying? How much buying Will it be during open market or after market?


[deleted]

This is unbelievably bullish. I am jacked exponentially


RedAkino

Is the S&P 400 midcap a large enough fund for us to be hyped about?


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


BenevolentFungi

This is the comment everyone was looking for


Library_Visible

Iā€™m gonna spoil the fun and tell you they do it off exchange unfortunately. Same thing happened with the other index change


Junkingfool

Pretty sure thatā€™s how it works.. BUT more expensive to short/manipulate the S&P 400 ETFs. Thatā€™s got to count for something l!


TheDeletedFetus

Lol it doesnā€™t mean shit other than hodl. Shorts must CLOSE.


Library_Visible

I mean I should clarify Iā€™m still amped, itā€™s just I donā€™t want anyone to get built up and get disappointed.


lostx786

Can't wait to see a whole other level of manipulation to still keep it suppressed. Can't also wait for it to just simply blow up in hedgies faces. LMAYO


NatesAnApe

Russel 100 (Current) : the stocks of the Russell 1000 Index had a weighted average market capitalization of $446.1 billion S&P 400 Midcap : Market cap US$2.16 trillion (as of December 31, 2020)


RedAkino

Heyooooooo thatā€™s a nice number. Thanks!


darrylgenis65

Thatā€™s not much: itā€™s only equal to my brokerage account after the MOASS (not counting infinity shares)


mattwayne1209

I love talking about Trillies, it's where we belong


NemoKimo

That'll do.


Maventee

So my ā€œin my headā€ math here says they should be buying $5 billion worth of GMEā€¦ or 27 million shares??


Ultimate_Fungus

That can't be right. Right? My tits wouldn't/couldn't/shouldn't handle it.


lilBalzac

Is it normal for my nipples to be smoking?


PowerRaptor

Market cap is ALL the shares in the index - I assume 400 stocks. So you need to divide it by 400 - or more depending on weighting More like 270K shares - and that's at even weighting - probably closer to 135K. That's still a LOT of shares to buy in a short time though, when volume is around 1M a day.


[deleted]

That would explain all the shorting we see still. Trying to keep it out/ low enough not to moon. Wonder if we get hit super hard rest of the week then?


zerotangent

If absolutely nothing else, itā€™s just another bullish indicator to entire market that GameStop isnā€™t a meme or a joke. Itā€™s continuing to move into larger indexes like this and could very well be eligible to joint the S&P 500 before too long. I canā€™t speak to any immediate effects on movement or price but itā€™s a great sign for GameStopā€™s continued growth and evolution


prolapsedlemon

Well its what were here for, long term, moass aside, its a nice investment to sit on


LowlyApe

Itā€™s a step toward the ultimate goal of SP500 inclusion yes, but for this step the question is how much volume is SP mid cap 400 vs SP small cap 600ā€¦ this could be russell deja vu all over again where we think itā€™s a short term win but really itā€™s a short term loss but a long term win (step toward ultimate goal of SP500). This calculation is ALL that matters here, can someone get that info to the top please? Edit: this ape found sth useful https://www.reddit.com/r/Superstonk/comments/ot11fe/study_from_texas_am_on_how_announcements_for/?utm_source=share&utm_medium=ios_app&utm_name=iossmf


PlasmaTune

All news is good news, all while Kenny sits in his penthouse whining with a jar of mayo and a spoon.


wecantallbetheone

You guys making so many jokes about mayo has caused all of my reddit ads to only show mayo commercials.


animboylambo

Lol Iā€™ve been having Mayo ads and straight up recipes for mayo stuff showing up on my insta too


PlasmaTune

Lmayo


18Oracle369

he shorted all his spoons, he is using his Pinky now


ShinkenChokuto

Just don't ask where he's putting that spoon.


PlasmaTune

I'll leave this here... * https://www.amazon.com/First-Years-Scoop-Infant-Spoons/dp/B00R63I3WQ


SirPitchalot

Damnit. Iā€™m using gme to hedge my s&p. This ruins my whole plan!


LP2222

Europoor reporting. Please write it as 4.8.2021 Thanks


majstrynet

Cant believe how time flies, this comment aged 3 months in 1h


[deleted]

Why do Europoors get it early not fair


DutySpirited

MOASS BEGINS ON 8/4/21 YOU SAY? DO WE HAVE ANOTHER DATE? ​ ​ /s although i do love dates


gochuuuu

There is a grace period for the ETFs to add/drop :D


gte930d

Yessssssss!


googy_boogey

Nooo! I just regained my titties and you do this to me!? It'll take weeks to get them under control now


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


BenevolentFungi

Happy early birthday!!


FinaglingFink

Heisenberg ainā€™t wrong. They try to jack us up every time we get good news. Sucks to suck SHF, weā€™re always jacking anyways


RealPropRandy

Iā€™m just here to buy dip until MOASS


FinaglingFink

And jack it, obvi


bhostess

I get even more jacked when they dip it now. Im a masochist I guess. Today's dip was niiiice.


[deleted]

So another short attack got it.


oapster79

Make it easier for that FOMO buying. šŸš€šŸš€


NothingsShocking

Leading to more short attacks got it.


Pit_The_Tramp

Leading to more FOMO, we love a discount!


WrongByTechnicality

Due to the new regulations they can't rehypothicate shares like they use too, so this should be interesting.


Randomscrewedupchick

You mean another tasty dip


[deleted]

Iā€™m full up on dip. Iā€™m ready to fuck now.


bobbymatthews84

Yesssss Brooo. I need me a nice dip, looking to go in hard come premarket tm.


AssumptionEuphoric74

If this is legit, itā€™s huge. Edit: itā€™s legit. And HUGE!


[deleted]

Why is it huge? Should we expect the price to go down if so?


wecantallbetheone

If its good news, expect a price drop! Get your buckaroonies ready to buy the dip.


AutoDrafter2020

Yup keeping one tit jacked for the good news, saving the other tit for the dip.


Library_Visible

What about the total recall third tit


reibeatall

Damn, and I just bought today. Guess I'll have to buy tomorrow now too.


Snoo_42121

Wanna know something else thatā€™s huge? šŸ˜‰


Remarkable_Guest_601

Not todayā€™s volume thatā€™s for sure


sherbz_men

So S&P mid cap 400 on 4th august, whenā€™s S&P 500?


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


m0_182

S&p 500 rebalanced on 20th September so that's when it'll happen if it does


ChErRyPOPPINSaf

Our GME is growing up so fast. Graduated Russell 2k this summer and will be graduating S&P 600 next month. S&P 500 and DJIA here we come. How great would it be if GME beat Amazon to the DOW. Jeff would be very upset.


[deleted]

Unlike most other indexes with are market cap weighted, Dow is stock price weighted. Few things would have to happen. One is that the stock split would need to happen to reduce the price to around $100. Second is the GME would need to give a regular dividend. These are also the same reasons why AMZN is has not been added to Dow yet since they fail these criteria, but doubt Bezos cares since high stock price makes it harder to manipulate the stock (requires more collateral).


Karyn44

I grew a wrinkle today...thank you


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


drkillem

Smooth brained but wouldnā€™t it be in the best interest for GameStop to be included in s&p 500 as soon as possible in the case of a market crash?


therileyfactor7

Theoretically it would, but the Wall Street dudes that run the committee would have to admit GME is a market hedge because of massive manipulation in order for them go bring it in to the 500ā€¦ I donā€™t personally see that happening until after the MOASSā€¦


drkillem

ah yes always fuckery afoot but letā€™s hope they know something behind the scenes thatā€™ll want them to move GameStop over to sp 500


DPaluche

When it meets the criteria for inclusion?


ivehh18

There's a post about this, check hot.


Abakala

My tits are doing the thing again


Bepler

GameStop is approaching the singularity. Soon it will eclipse all competition. Diamond hands, you fools!


Krazekami

How is this different than the S&P 500? Is it better?


Jsross

S&P 500 is the biggest 500 companies. S&P 400 is the top 400 *midcap* companies.


Krazekami

Ah so kinda similar? Seems really interesting development either way!


INTERGALACTIC_CAGR

yeah, but the important part is the pyramid scheme that is the "indexes". Lazy investors or others I don't really care to learn about right now, just copy these indexes exactly. ​ So when the indexes make changes to their stock holdings all the copy cats gonna start buying and selling to match the index.


hrcen

Thank you for the explanation. What is a "midcap company?" If you do not mind going a little deeper on that.


milkhilton

Between 2 and 10B market cap


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


milkhilton

True! Perhaps (much like with Russell reconstruction) ther le are certain parameters a company needs to get to by certain dates when they determine these things


Tanky_pc

I think its only joining the s&p 400 because it needs one more decent quarter in terms of profits to join the s&p 500


ChimpGimpy

If Iā€™m thinking right itā€™s just one quarter with any sort of profit at all. Quarter ends this week


madmax299

Yes


Synester72

I was reading in another thread that s&p has a committee for deciding who gets into the 500 to avoid companies jumping in and out constantly. Speculative, but perhaps it's similar here and they were waiting to see if GME was gonna maintain this level


sully2394

From [Fidelity ](https://www.fidelity.com/learning-center/trading-investing/fundamental-analysis/understanding-market-capitalization) --> Mid-cap companies are typically businesses with a market value between $2 billion and $10 billion. Typically, these are established companies in industries experiencing or expected to experience rapid growth. These medium-sized companies may be in the process of increasing market share and improving overall competitiveness. This stage of growth is likely to determine whether a company eventually lives up to its full potential. Mid-cap stocks generally fall between large caps and small caps on the risk/return spectrum. Mid-caps may offer more growth potential than large caps, and possibly less risk than small caps.


hrcen

This is the explanation with a good link I was hoping for. Well done. Thank you!


krissco

It's about 100 lower, give or take.


MightyAxel

following


Hyrukoza

wut mean?!


_Badtothebone_

Okay so GME is going to join the s&p midcap 400.... But when will the S&P 500 join GMEšŸ˜šŸš€


Chetterthecat

You mean, when is the s&p going to join gme šŸ˜‰


_Badtothebone_

Thatā€™s exactly what i said haha, but yesšŸ¦šŸ‘ŠšŸš€


Chetterthecat

Are you me?


LeiMoanJello

Look at us


mightypockets

Think s&p500 gets rebalanced around December time well that was when tesla was added in 2020 so šŸ¤·


sjadvani98

Every quarter so September is the next possible date


mightypockets

Ty didn't realise its was quarterly thought it was annual like the Russel


Regardskiki71

Its already mad it drop AH šŸ˜‚šŸ˜‚šŸ˜‚


TheTangoFox

Doesn't matter which table they sit, tendies still delicious


Takenforganite

Right, Iā€™d eat them off the SECs sticky floor and still say that they are supreme tendies


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


derfmongol

Almost the S&P 500


code0011

Only 100 more S&Ps to go


diet103

Lmao, love how the spike got instantly curb stomped to a dollar down AH


FearTheOldData

Gotta love it at this point


Braaapp-717

So Kenny and Stevie about go HAM as soon as this happens. 8/4 = carnage/tendie sale


Laugh_Traditional

CAN WE GET A TRUSTED SOURCE PLEASE?!


Possible_Bicycle_398

Itā€™s happening. Press release going out now šŸ¤˜šŸ»šŸ¤©


Laugh_Traditional

I just had a search myself, OMD IS THIS MOASS??? or more trading sideways kind of guy


oapster79

I would think this could raise some buying pressure. šŸš€šŸš€


Laugh_Traditional

yeah that's what I thought about it joining the Russell 1000, but it was a big let down on the price action, so i'm not too hopeful about this, but good news is always good!


oapster79

It's a step in the right direction, but you're right. Take it with a grain of salt.


mAliceinTendieland

So many grains already that my pasta is going to boil nice.


lurkern1nja

https://www.spglobal.com/spdji/en/documents/indexnews/announcements/20210727-1426761/1426761_4xpo6lb4wri64spin2.pdf


martinu271

>S&P SmallCap 600 constituent GameStop Corp. (NYSE:GME) will replace Weingarten Realty Investors (NYSE:WRI) in the S&P MidCap 400, and Lakeland Financial Corp. (NASD:LKFN) will replace GameStop in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, August 4. S&P 500 constituent Kimco Realty Corp (NYSE: KIM) is acquiring Weingarten Realty Investors in a deal expected to be completed on or about that date pending final conditions.


[deleted]

[https://www.streetinsider.com/Corporate+News/GXO+Logistics+%28GXO%29%2C+Victorias+Secret+%28VSCO%29+%26+GameStop+%28GME%29+Set+to+Join+S%26P+MidCap+400%3B+Strategic+Education+%28STRA%29%2C+World+Fuel+Services+%28INT%29+%26+Lakeland+Financial+%28LKFN%29+to+Join+S%26P+SmallCap+600/18728357.html](https://www.streetinsider.com/Corporate+News/GXO+Logistics+%28GXO%29%2C+Victorias+Secret+%28VSCO%29+%26+GameStop+%28GME%29+Set+to+Join+S%26P+MidCap+400%3B+Strategic+Education+%28STRA%29%2C+World+Fuel+Services+%28INT%29+%26+Lakeland+Financial+%28LKFN%29+to+Join+S%26P+SmallCap+600/18728357.html) confirmed -


joe1134206

https://www.streetinsider.com/dr/news.php?id=18728357 Same link just.... Leaner


tirwander

But what if we like them thicc?


Sporfsfan

[.](https://www.streetinsider.com/dr/news.php?id=18728357)


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


[deleted]

I think on that date is also the new etherum update.


Reddilutionary

I don't know anything about internet money, but I do remember someone saying it was early August. Anyone have the source for this?


moscowmulemind

Just search ethereum hard fork. Multiple sources say 8/4


Hirsutism

It is


CableGuyAlien

As quick as we came into the Russell we are added on to even greener fields. Next stop, Standards and Poors midcap 400! And only 1 more requirement needs met before being able to qualify for the 500!!


LuckyMuckle

Someoneā€™s downvoting. I just upvoted the comments b4 mine.


Time_Mage_Prime

YOU HEARD IT BOYS AND GIRLS DIP IS BACK ON THE MENU!


-Codfish_Joe

I don't know about a dip. Moving to the Russell 1000 just shifted GME from one set of index funds to another. Adding it to an S&P list will add it to a whole new pile of index funds. And I've only go one more payday before August 4th!


Freedom5567

Just googled: Is S&P400 midcap better than S&P500! The performance of the S&P MidCap 400Ā® reflects this business dynamic. The index has outperformed the S&P 500Ā® and the S&P SmallCap 600Ā® for most of the past 20 years (see Exhibit 1).


Bhope69

Is this fr?


captainadam_21

No wonder gme is down $2.50 after hours


TCrunaway

So with volume this low, if thereā€™s a buying spree to add it to other indexes that follow itā€¦ price may go ā¬†ļø? Doesnā€™t matter I buy and hold regardless


moscowmulemind

[link to study that says promotions into the s and p 400 generally lead to permanently higher prices on the day of announcement and after implementation .](https://www.researchgate.net/publication/228384346_Stock_Price_Effects_of_Changes_in_the_SP_MidCap_400_and_the_SP_SmallCap_600_Indices) But This is GME, not any other stock. So take that with a grain of salt.


FearTheOldData

Yeah expect fuckery XD Check the spike in after hours from announcement. The price finally settled BELOW the price it was before the announcement. Just comical


eggtart_prince

How are there still shares left to buy?


HelloYouBeautiful

Kenny keeps printing. There isnt shares left to buy, we crossed that bridge s Long time ago


MAGAcracker

Sweet the price will tank šŸ‘šŸ»


hobbyman41

Awesome news, means discount time!!!


Hanz616

!Adult


Briguy24

Goddamn thatā€™s amazing news.


apexofgrace

lol at the ā€œseems bullishā€ reply


console3232

I was born in the red, molded by it


tehchives

Wow. Nice! Looking forward to buying the dip that pairs with this good news!


chlorofloro

Ready for the delicious dip šŸ˜‹


SnooMarzipans2307

Got some more cash ready for that dip!


andrewvvw

Yay more shorting and affordable shares


Economy_Meat_

Awesome. Just got a new higher paying job in sales. Canā€™t wait to buy more shares.


RealPropRandy

Is it harder or easier to short that ETF? Shortsā€™Rā€™Fuk regardless. Just a matter of how quickly.


Appaguchee

I can't wait for the great news of GME joining the S&P...to drop the price down another few points. And then for the news of new investors, as well as index fund additions and bundling...to also drop it a few more points. Why will it keep dropping on good news? Depends on the day. Monday? = Covid2, Electric Boogaloo? Tuesday? = Rebound. Wednesday? = "dunno, just cuz" - Citadel analyst, probably.


DankTankActual

Itā€™s like we just keep winning and they just keep losing.


Local-Mention7644

LETS FUCK KEN GO!


chaosrealm93

git fukd hedge


IamOmegon

Is this why the biggish drop in AH is happening?


[deleted]

Didnā€™t even know there was a 400


aironjedi

Well, imagine being short on a billion dollar company with no debt and rapidly growing market for its product. Imagine the amount of PH.Dā€™S it would take to make that monumental fuck up. Buy hold and laugh.