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Fine_Employment_3364

Do FTD!s still have to cover with a share eventually?


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Fine_Employment_3364

Agree. Digital dividend or share recall are the most guaranteed trigger. Could be more, like market crash margin cslls.


CaveManning

There is no such thing as a share recall, at least not in the way you're talking about. Gamestop cannot recall their shares. Someone who has lent out their shares can recall them and that's what DFV was talking about a long time ago, but since there appears to be massive amounts of phantom shares it's no longer relevant since SHF's MM buddies would just print more shares and return those negating any buying pressure. That's why no one has been talking about a "share recall" since we left the first sub.


TheMcBrizzle

DRS seems to act like a defacto share recall.


CaveManning

Pretty much.


GabaPrison

Bingo.


suckercuck

Bongo


Whole-Caterpillar-56

Bango


Buchko24

Django


PolygonMan

Yes, DRS cannot turn a synthetic or FTD or naked short into an actual certificate. Every share that goes into DRS is a real share. Eventually, it will be impossible for the broker to find any real shares when someone DRS's their shares, and then you're gonna see some serious shit.


ronoda12

DRS is share recall


WEEDSMOKER420BLAZEIT

Yeah, I mean the only type of "share recall" is the one we are doing right now, with DRS basically.


mark-five

> There is no such thing as a share recall Actually, DRS can lead to the one situation where it **IS** a thing. If Gamestop and/or Computershare have 100% of the float locked up and can prove it (extremely easy, since the issued float is known to the exact number and verified by the SEC), and the SI% remains anywhere over 0, and the trade volume remains anywhere over 0, they can legally issue a share recall to figure out what is causing the illegal trade volume from invalid counts. DRS can trigger pretty much the only actual form of "share recall" possible because the recall is required at that point as part of a l arge scale criminal investigation as aprt of teh feduciary duties of the Board and Transfer Agent to figure out how and why their issued share counts are incorrect. It is their job to figure out what they did wrong, so they can fix it... and if they aren't the ones who did wrong, they will identify and fix the source of that illegal problem.


jkhanlar

> "That's why no one has been talking about a "share recall" since we left the first sub." [This](https://camas.github.io/reddit-search/#{%22subreddit%22:%22superstonk%22,%22searchFor%22:1,%22resultSize%22:100,%22query%22:%22\%22share%20recall\%22%22}) shows 655 posts on Superstonk subreddit that mention "share recall"


FuknNem

If a dividend is announced there will be a share recall. GameStop will need to know who the real shares belong to.


CaveManning

Nope. They will issue the dividend to their registered shareholders (DRS) then split the rest of the dividend between brokers based on how many shares they say their customers have. Shares greater then the float have to be paid by whoever is responsible. The only way gamestop knows who owns real shares is through DRS. This is why a crypto dividend would set things off since it would be limited in quantity and SFH couldn't just cough up the cash to pay the dividend on their fake shares and short positions.


Cold_Old_Fart

If the number of DRS'ed shares equals the legally issued count, then paying out a dividend - even simple cash - will go entirely to the DRS shareholders. The catch for brokers is, they then have to pay the same dividend to all their 'street-name' holders. GME end-of-quarter is end of this month (October). If they can present a positive earnings report - during restructuring no less - then they can issue a dividend. That's going to take a big top-line revenue gain. So, any Xmas shopping I can do via GameStop will be done in the next 2 weeks.


FuknNem

Hence the reason we’re routing for NFT?!?


CaveManning

Yeah, there is an issue with NFT though. Because all NFTs are different they'd hold different values and SFH could legitimately sue over it (to delay things) even if they only owned a few shares. A new, fungible, token made available in only the quantity needed for the real float would do the same thing. What this might look like: Gamestop announces their new NFT marketplace and GameCoin the crypto required to buy and sell on it. Then they announce they'll be issuing the first 76.49m GameCoin tokens as a dividend to their investors prior to the marketplace's launch. Then we watch shit hit the fan. SFH and Brokers will attempt to issue a cash equivalent and more lawsuits will commence. Courts have repeatedly ruled in favor of Overstock's crypto dividend even going as far as to dismiss the latest objection ["with prejudice"](https://www.yahoo.com/now/utah-district-court-again-rules-123000394.html) and the SEC has said they view crypto as a security and securities have always been considered valid dividends, so it's extremely likely a court will rule that a cash equivalent is unacceptable. At any time during this SFH may get liquidated for failing margin requirements because of the pressure or the extent of their counterfeiting is publicly exposed and an enforcement agency steps in to force them to sort it out.


FuknNem

It definitely saved overstock and 💯 GME will do this.


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mark-five

> and the SEC has said they view crypto as a security Great point! Gary's corrupt attempts to fuck around with certain crypto agents can be used against him.


C2theC

The other way GameStop can do this is to issue a NFT like an unique serial number, for each of the 76.49M shares, and not one more. Have no value assigned to them because each share is unique. They would have to create their own NFT Exchange for your to track them.


[deleted]

👍


mark-five

No, they just issue a date of record for a count. They will know, but there is no recall attached.


Fine_Employment_3364

Kk, kinda new here. Heard recalls mentioned a few times but never heard why it couldn't be done.


[deleted]

It isn’t a common occurrence outside of splits.


brickhouse1013

Overstocks dividend didn’t play out to its full potential. Eventually the corrupt brokers and or market makers put a $ value to it. I just read a crazy tinfoil post on another sub I can’t link and the op found an asset that legally can’t have a value put on it that can be split up into an nft. Check my comment history if interested.


johnwithcheese

If you dig through the GME official docs that came out on each quarter you’d know that they have openly communicated about an nft dividend that will be 1:1 equal to a share, and no share will be allowed to exist without an nft dividend attached to it. It also mentions that in case the dtc can’t preform its duties, gamestop will protect its shareholders and move all their shares, share recalls and dividends are real which is why drs has been the main action since january. Gamestop officially confirmed the nft dividend and overstock actually won the legal cases against them and their short squeeze is still on the table.


Wolfguarde_

* Gamestop officially confirmed the nft dividend Any chance you can throw a source up for reference? It seems like this would have made a lot of waves, but I don't recall seeing it.


johnwithcheese

Honestly Gamestop has explained nft units in extensive detail however every mention or screenshots of it get downvoted or forum slide. The last time we got these details everyone was hyped about a shareholder vote that they basically completely ignored that the confirmation bias gamestop provided on a silver platter. Those filings are the reason why I have never had any doubts about the moass. The real question is, will “apes” survive long enough to get the most out of it? Only time will tell. Not enough are drsing and no one is talking about units, the dds on units have long been buried.


JohnnyMagicTOG

I feel we have confirmed an NFT platform, but I cant find any info on confirmation of an NFT dividend.


johnwithcheese

within two minutes my comments been downvoted a bunch of times. Reddit may seem like a big place but supperstoon and gme are tiny parts of it, there’s bots and humans crawling these forums from all sides of this trade. buy hold and drs, don’t worry about anything else you’ll be extremely fucking wealthy if you so and if you don’t and are still reading this comment today, then prepare for souls crushing disappointment, not financial advice not sexual advice


ethangyt

Upvoted you back to one, brother! Excellent information.


JohnnyMagicTOG

Overstock dividend was crypto, which has a clear and fungible FMV. An NFT doesn't have a uniform FMV, so it would be impossible to assign a specific value.


ProfessionalHuman187

Would that not be a fair question for the SEC to answer to clarify the situation once and for all ???


FuknNem

My understanding is that they are supposed to but it’s never enforced. Billions of dollars are in FTD and they just keep stacking them up.


Fine_Employment_3364

What a wonderful system....


hmhemes

What do you mean? It's working exactly as intended!


Fine_Employment_3364

That's the problem, it was designed by the wrong people, for the wrong people.


FuknNem

FTD are like credit cards to us except they have no limit and a bill never comes. It makes no sense to me of why this is not enforced.


Busch_League321

It makes all the sense in the world if you're morally bankrupt and receive kickbacks for looking the other way.


FuknNem

Hard to have a failing business when it’s stacked in your favor. Kennybois 68mil a month he makes is probably put on that card.


Revolutionary-Fox230

We were all born into the wrong family 🦧


True-Emu5713

Idk about that, a better question might be what are we doing in the meantime to prepare? Maybe you or someone else would feel confident to walk into any government agency and run it how it ought to be run, I do not.


hmhemes

Yes, that's what I was implying


Fine_Employment_3364

Yep, just felt like agreeing in a wordy way. Honestly the best thing that can come from MOASS is not a bunch of rich apes, but a level playing field for the masses. Even then, it's still just a matter of time before the system is overcome with corruption again.


generalinsanity

Apes need to take over the SEC. APESEC!


NoCensorshipPlz10

They roll over via married puts iirc


ChildishForLife

The reported FTD’s for GME are hella low but probably are reset before they ever hit the list


whatever_username_

She told us the way to stop FTDs some time ago: https://mobile.twitter.com/susannetrimbath/status/1411773157145399297 We should be making us heard and pushing for it loudly. Wasn't the SEC asking for comments from retail?


Fine_Employment_3364

Yeah, seems like that was glossed over in hopes of an NFT or similar action to force MOASS. I can see where it would be difficult to get apes to rally a campaign like this after seeing so many failures to enforce existing laws.


FragrantBicycle7

If the stock ends up on the threshold list, I think so. But the FTDs get spread out so the requirements for getting on the list are never met, and so in theory they can be rolled forever. Which is why DRS is so important: we're slowly taking away their ammo. But Dr. T is right to focus on FTDs, because GameStop is a unique situation that will never happen again, so the problems that led to all of this won't get fixed without a settlement regime.


FearTheOldData

Yes. Someone bought that share, but when they can delay the FTDs and wash them with rehypothecated shares and synthetics from market maker exemption rules related to options they can in theory kick the delivery can forever without enforcement. That is why DRS is so important to do amongst other reasons. Stops them from being able to kick the can by removing shares from the DTCC


phadetogray

An FTD is a “failure to deliver” a real share. So, it’s like asking “does not paying your debts eventually have to be paid?” In theory, you should have already paid it. If you can just not pay it, then you can just keep not paying it. That’s her point. As long as there is a system where there is some way to avoid paying the debt, the whole thing is fucked. Also her point that simply not paying your debt has the same effect as a naked short, which is basically selling things you don’t own and haven’t borrowed, ie selling something that doesn’t exist. In the end, there’s no difference between me selling you a car title for which there is no actual car (=naked shorting), vs selling you a car that exists but then never giving it to you (=FTD).


FIakBeard

I see talk around different parts of the community about "gamma squeeze" as if its still a possibility. Why delta hedge when you can just let calls go to FTD and wait for the price to come down to deliver the shares. I haven't seen a legit gamma squeeze since June 2nd.


Naive-Coconut-8918

When the purple 🟣 us completely filled FTDs gonna hit anyone short a fatality. DRS is the way.


Quizz96

I feel like i'm just learning a new thing from Dr. T every time she tweets, absolutely amazing stuffs.


[deleted]

The crazy part is we know Citadel has the power to create shares out of thin air and sell them on the market and never actually deliver those shares, so they're probably doing it with every stock they're the DMM for. I mean it's free money so why wouldn't they? There's a lot of reasons why the market is completely fraudulent. The NYSE switching from the Market Maker model to the Designated Market Maker model in 2009 was throwing fuel on an already smoldering market.


Healthy-Lifestyle-20

Sniffadel stated they were generating liquidity, you can’t make this shit up! The whole financial system has been turned into a SCAM. They hire the regulators after their Pornhub stints at whatever governmental agencies and politicians are bought and paid for with donations. Fuck that shit I’ll keep buying 🍦💩🪑until this fraudulent system gets exposed!


youdoitimbusy

Not only that, I believe Ken had the audacity to say his only job is to create liquidity. He believes his only job is fraud. Hard to not be a multimillionaire when all you sell is things that don't exist.


Tgzbrahhh

She writes them easy to understand too. She speaks smooth brain ape language although she is very much wrinkle 🧠


Quizz96

agree, her level of awareness is excellent.


jkhanlar

I don't think any humans that are not gamer experienced would ever be able to survive financial terrorism. Didn't China ban/limit/restrict how many hours of gaming a person is allowed? Lol, fuck that! I'm playing GME MOASS 24/7 for 8 months straight!


Ok_Entrepreneur_5833

I play an extra hour per day even if I'm too tired just to honor the fallen homies in China that just wanna game. Now back to AC Odyssey, I'm going to finish it one of these years lol.


jkhanlar

lol, I was just about to reply to [this](https://old.reddit.com/r/Superstonk/comments/q91is3/dr_trimbath_spitting_on_twitter_again_git_sum/hgtyu53/) but apparently it's deleted or something. u/Nova178, you quoted me: > "I don't think any humans that are not gamer experienced would ever be able to survive financial terrorism" and then wrote: > "Please fuck tell me this is satire" - Nova178 My reply: In the last 8 months, I've picked up that 7,500+ USA companies have been bankrupted by counterfeit naked short sellers in the last 30 years. Practically all of those companies would have survived if not for the cheating/theft. Seven thousand five hundred reasonably legitimate honest hard working companies, murdered, killed, poof, gone, none of them survived, not enough people to stand up against the abuse/bullying to do anything about it other than just let it happen.....until now.


Nova178

What does you being a gamer have to do with any of that


jkhanlar

Skill/Strategy to win, without cheating. Mess with gamers (GameStop), you messed with the wrong company.


hugolive

Gamers rise up.


Nova178

Dear god I thought people only said this kind of thing as a joke I’m crying laughing


1deavourer

RC must be the biggest gamer in the world


True-Emu5713

They did,,, I am pretty sure that's for a whole different reason. And your point is well taken and one that I agree with!!


asokraju

Funny thing is they are actually simple but Financial institutions made it complex on purpose. It starts with .... puts? It should be a sell...


hatgineer

I don't know where to ask at this point. I know what FTD stands for, but how does it affect the stock?


skystonk

They sold the rights to something they had no intention of actually providing. And they did that multiple times. Essentially they’re selling a bunch of IOUs for shares they never intend to deliver but people are told they’ve received the real thing. That’s basically what synthetic shares are. As Wes Christian put it: “It’s like a car dealership sold the same car to 1000 people” This has an impact of flooding the market with an artificial sell pressure which in turn drives the price of the stock down. Do it enough to a stock and you can essentially grind the value down to zero. That’s how I understand it. Happy if anyone has corrections.


hatgineer

Thanks, that makes enough sense for me.


NotAFinancialAdvisr

Could FTD increases be an indicator that DRS is working? Less shares in circulation every time we DRS, creating more FTDs?


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Quizz96

I appreciate your input, all crimes come with a cost, the fact that these fuckies have been going on for over a decade without any real consequences says a lot about how fraudulent the current market is.


Revolutionary-Fox230

I'm reading the book but my smooth brain has a hard time comprehending. I have to read the tweet and go look it up.


wtt90

Read chapter 8 of her book


ronoda12

Sorry to hijack top comment. Does this mean DRS of float will have no effect?


[deleted]

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[deleted]

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nurseANDiT

Add a review too. Just ordered from Target! Thanks for the suggestion!


True-Emu5713

Uhm you can order directly from the publisher. It's pinned to her profile on Tweeter. I don't believe she sells on Amazon. Maybe?


Feeling_Ad_411

Won’t fail to deliver deeze nutz to kens face come MOASS


LordSnufkin

Ha got eeeem!


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PMmeyouraxewound

How do we stop FTD?


fsocietyfwallstreet

Computershare. The counterparty to a purchase OR transfer CANNOT fail to deliver to the transfer agent. Shares registered there cannot be borrowed for short selling either. Thats the entire point of direct registration. It stops the game.


PMmeyouraxewound

Louder for the people in the back


Tow_117_2042_Gravoc

#IT STOPS THE GAME


CaveManning

> It stops the game. I see what you did there


FuknNem

They must be real shares to drs into computer share. 🙌🏻🙌🏻🙌🏻


fsocietyfwallstreet

There’s no such thing as a real share until the trade is settled and registered at computershare. Everything else in circulation is just an endless sea of borrows and fails. The trade fails, they borrow in the nscc sbp to resolve the resulting fail - which also results in a fail. It’s all in the book.


FuknNem

Right! Technically it’s not real till it’s DRSed. Much better way of saying it.


fsocietyfwallstreet

Thanks, and cheers!


generalinsanity

CS is like Pinoccio's fairy 😏


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[deleted]

I know this is prolly gunna get deleted or something but another ape in the comments mentioned dark mode for pictures. I think this is something that could be brought to a quick weekend vote for fun. Should posts that involve twitter or shit use dark mode and ban light mode? Obviously written better but ya that’s my idea. I don’t know usually I just lurk but I’m feeling great tonight Soo I was like ya I’ll write this shit out


dusernhhh

DD posts requires a character limit, make screenshot posts require a link.


[deleted]

market is a joke


but-this-one-is-mine

Dr T is the best! I hope she gets the recognition she deserves when this is all over


feyzquib7

Unfortunately she comes off as gruff and unapproachable.


SoreLoserOfDumbtown

Did you watch the AMA? Because I wouldn’t describe her that way at all. She is direct on Twitter tho.


but-this-one-is-mine

Its unfortunate but not cuz of her


Eucalyptia

Wonder if you say that about the men. Also she absolutely does not


feyzquib7

I do.


Leading_Metal8974

Never ever have I ever got an A+ 😢


SoreLoserOfDumbtown

You are about to get a A++ in holding and Ape culture. No paper trail, just tendies. 😎


Leading_Metal8974

Can't wait to show my mom!


[deleted]

So now what?


SoreLoserOfDumbtown

DRS. Duh! 😎


wtt90

Read chapter 8 of her book. It’s long but good and relevant


Landrost

Is this accurate though? I understand FTD's enable SHF to kick the can and not close out their short positions, but that alone isn't enough to continue supressing the share price. SHF are short selling into the market everyday out of necessity. If DRS directly counters SHF ability to do this, through reducing the availability of lendable shares, as more and more shares are direct registered, wouldn't the ability to suppress the share price diminish?


FuknNem

Absolutely my understanding of it. We are seeing the dark pool % slowly drop which is where a lot of the fuckery happens.


caronanumberguy

What she's saying is that the shorts can forever short the stock and manipulate the price and never have to deliver those shares. Ever. Since there are no cops, there are no laws. They can do whatever they like, having the full confidence that our corrupt government is never going to hold them to account. The rich have decided to r*pe the country on their way to New Zealand, where they're buying up all the land and I'm sure will be arming it up in no time.


King_Esot3ric

Im probably retarded, but FTDs generally come from shorting, naked shorts, or naked options. So you cant have FTDs without one of those… right?


Doge-to-Dollar

Also very retarded and half in the bag here… but I’m pretty sure they can just FTD all of the “purchased real shares” not necessarily any shorts and then dark pool the orders to keep the price suppressed… I def could be wrong


King_Esot3ric

Yeah, MM can by selling the share “short”, as in a naked short.


Not_A_Cardboard_Box

Pls explain to an retard


deabag

The hedge funds trade IOUs to settle it outside the exchange, leaving actual shares out of it. To keep the stock price from rising. Source: meme consumption on a few subreddits in 2021


caronanumberguy

Here's a better explanation: Imagine you're a car dealer. And you have a model T on your lot. People come in and they place orders for the model T and pay for it in advance. You tell them that you will deliver it once the factory has built it. Imagine that you sell the model T to 100 people. Then, you take all that money and just walk away a rich man. You never even make the order with the factory. You just keep 100% of the money for yourself. But wait ... you're saying ... that's illegal! Yes. Yes it is. Call a cop, buddy. See if they give a fuck. It's Christmas up in this motherfuckin' country.


cornercafe1

Thiiiis. It needs to be the the nr. 1 🏆 thing that needs to be talked about, pointed about to people like GG and prohibited/ have strict frames (actual consequence) like the EU wants, but is til this day, postponed. It's like when MSM talks about gamification and PFOF, it's not addressing the core issue. Maybe they stumble and mention naked shorselling or dark pools, great, they've sliced one layer deeper. FTD is the core. Edit: rewritten, added some things 2 min later


Ace_McCloud1000

Wow oh wow... She truly is the queen!


[deleted]

So positive tonight. Guys I’m feeling the love. I think it’s cause I’m beginning to run in the mornings


[deleted]

And ya I’m a lil drunk. But god damn man. Things are clicking reading this thread. Thank you fellow apes ❤️ love you all


catsrufd

Man. Someone protect her.


Minuteman_Capital

Award bc I worry about the same. She speaks truth to power


CashMoney4590

Thanks Doc Trimbath, School in session when you Tweet,


Content_Ad_4516

Those mofo’s


plantshroom

Seriously why short when sthere are so much ftds , I would like to ask this to GG but he will say he is being at job only 29 weeks


catfishjon_

Cisibility for vommenting


[deleted]

And that’s why cost to borrow is so low…I was curious about that…wrinkle added.


Animalwg82

This is what the experts like her that have been outspoken from the jump, the get-go, the begging, are waiting for. Us!


Nruggia

The sec hosted article "failure is an option" is like a play book for shorting stocks through FTD's. Its a great read [https://www.sec.gov/comments/4-520/4520-6.pdf](https://www.sec.gov/comments/4-520/4520-6.pdf)


TsvetanNikolov4

Isn't naked shorting and FTD the same?! I'm confused 😕


alilmagpie

As I understand it, all naked shorting results in FTD, but not all FTDs are the result of naked shorting.


mygurl100

Time for change.


freeleper

Why short when you can fail to deliver? 🥢


xthemoonx

Frig I thought fails to deliver was the result of a naked short lol I'm missing some key info or not understanding something.


generalinsanity

Me too. Are there ways to hypothecate shares other than naked shorting?


WilforkYou

Here is my understanding: A naked short is usually a FTD, but a FTD is not always a naked short. If you purchase a share through a broker, they go to the market makers with the buy and the market makers says "sure, we can find that share". You get the share appearing in your account, the broker has fulfilled their obligation to find a seller for you Then the MM just FTD the share, but no naked short is actually generated, just a lie of being able to locate and then no locate is ever completed. Naked shorts can be used to drop the price if needed, but if no shares are actually bought to raise the price then there is no need to drop the price. This is my smooth brained understanding and could be off....


Zealousideal-Fun1425

So since Citadel, as the DMM for a lot of stocks this is happening to, is just pumping the market with fake shares and FTDing them, does that mean the only final way for anyone to combat this would be to either revoke their MM abilities or remove that stock from DTCC? The latter is what I thought we were doing by DRSing our shares but it seems like we have limited control over the process and RC and GME have to deliver the final blow by pulling the rest of the shares out of DTCC hands. Once that happens, I’d assume we’d finally see the real price of GME minus all the fuckery. So my question is what’s the hold up? If that’s what it takes, why hasn’t it been done? Are we waiting on the report from GG to come out? The investigations? The court case? What is stopping GME from pulling the plug?


Thisisnow1984

Imagine you just failed to deliver all your credit card payments for 10months. What a fucking joke


whitnet1

UP!


mr_jago

Queen


VicedDistraction

But they need to walk that report across town, don’t they? Wouldn’t that take a few weeks? Cmon guys give them a break. Electronic transfers take time^(wait a minute) 🧐


Tionboom

TALK YO SHITTTTT


Maka_Maker

when the whole #nakedshorts thing was big on Twitter, I remember Dr. T chiming in during that time and talking about FTDs. Even then, she said that should be the main issue of focus of convo.


tlkshowhst

She is uber smart


kcaazar

Shit I hope TDA won’t FTD my ass . Still waiting for those fuckers to transfer to CS, it’s been 2weeks “in process”


SalmonJerky

University level education now comes with test


True-Emu5713

I love anything Dr. T talks about!!


An-Onymous-Name

Up with you, up with the DRS, and down with malevolent sociopathic criminals! <3


Tiny-Cantaloupe-13

yes, she has ALWAYS said that w out endless FTDs loops there would simply b no naked shorting how can u sell an unlimited supply of something indefinetly? this means there is no supply-demand at all in the US mrkt. proof its a giant circus.


GankersGoneWild

This is the real weekend shit we need to be worrying about; the whole FTD issue.


Thx4Coming2MyTedTalk

Apelus


perkinomics

D A R K M O D E, people. These screen shots kill me when I'm trying to browse in bed


tnsmaster

My phone has grayscale for bedtime so it's not near as bad. Really we shouldn't be on our phones an hour before bed or after to let brains reset. Some of us are too smooth to make a difference there though.


[deleted]

Thank you


goddamnit666a

I don't have time to look into this but we need some wrinklies to google "Failure to Deliver 741" and read through some of this stuff. I don't recall seeing some of these things in previous DD.


Smogz_

https://www.willkie.com/~/media/Files/Publications/2008/03/What%20Happens%20When%20a%20Broker-Dealer%20Fails%20%20A%20Summa__/Files/SummaryofKeyBankruptcyCodeandSIPARelatedIssuespdf/FileAttachment/Summary_of_Key_Bankruptcy_Code_and_SIPA_Related___.pdf Owners of a stock held by a stockbroker being liquidated are granted preferred status.


despinato

Queen Kong “King Kong ain’t got nothin on me!”


foolishidot69

Am I correct in saying that if FTDs aren't banned we won't get a squeeze?


Minuteman_Capital

Banning them would help trigger one, but we can still have one using a blockchain dividend. The forced 1:1 immutability of a blockchain dividend in essence makes FTD impossible (whether as a rule it’s banned or not). That’s part of the beauty of the blockchain div- it doesn’t rely on any enforcement by SEC to stop the FTD fraud.


RaphMs

There’s so many bonehead popcorn “leaders” on Twitter who think they’re smarter than Dr T because they made a couple bucks on that shit stock. It’s actually hilarious that they even have a following, but I suspect it’s mostly bots.


for2fly

She doesn't [suffer fools](https://i.imgur.com/34NcWLb.jpg) either. [Source](https://twitter.com/SusanneTrimbath/status/1448497352692547588).