I haven't seen anyone talk about GameStop (symbol: GME) stock as it relates to Q and the cabal co-conspirators. At least, not the way I see it.

For those unfamiliar with the stock market, GameStop is traded on the New York Stock Exchange. The NYSE was purchased in 2013 by Intercontinental Exchange. The founder and CEO of IE is Jeffrey Sprecher, husband of Kelly Loeffler, loser of Georgia race for US Senate, and back stabber du jour on January 6th.

https://heavy.com/news/2019/12/jeffrey-sprecher-kelly-loeffler-husband/

To understand what is going on with GameStop, you have to understand a few financial/legal terms that seem very similar.

Shares Authorized: This is the total number of shares that a corporation has authorized to be issued to investors. The board of directors makes this decision, and not all of the shares authorized need to be actually issued. For example, a company could authorize 100 million shares to be issued, but only issue (sell to investors) maybe 60 million. The other 40 million would be unissued (authorized, but not yet issued). This would allow the company to issue some or all of that 40 million at a later time, without having to do as much paperwork. Companies do it all the time.

Shares Outstanding: This is the number of shares that have actually been issued and are currently owned by someone.

Shares in the Float: The "float" is the number of shares outstanding (actually issued) that are NOT owned by "insiders" (founders, directors, and corporate officers). The float is the number of shares that the general public owns.

Shares Short: This is the total number of shares that are short (someone is betting the price will go down, not up).

Short Float: This is the number of shares of the float that are short, (not including shares owned by insiders).

Some people do not understand how a "short" position occurs. Imagine going to the bank and borrowing money. Let's say you owe US$1,000. You pay interest and/or payments for a period of time, and then at some point in the future you pay the full amount of principle back.

A short stock position is the same thing, except you don't borrow money. Instead, you borrow the stock. You borrow stock you do NOT own. So, you are short 1,000 shares of Apple Computer stock (AAPL), and at some point you have to pay it back by buying back the stock. You hope to buy it back at a lower price than you sold it short ("buy low, sell high" -- just in reverse order). If you do that, you make a profit. But if you have to buy it back at a higher price than you sold it short, you lose money.

Cover the Short: The term "cover" just means buying back a short position, and closing out the position -- either at a profit or a loss.

Sophisticated investors sell short all the time. "Hedge Funds" typically are both "long" and "short" at the same time (that is why they were originally called "hedge" funds, as in "hedge your bets" against whatever the market does).

Now, back to GameStop.

The company has 62,200,000 shares outstanding. Of that, 50,650,000 are in the float (the other 12 million being owned by insiders, who are not [legally] allowed to short).

Of the 50 million in the float, 70 million are short.

This is literally IMPOSSIBLE to do LEGALLY. It is NOT POSSIBLE to short MORE than the float. It is illegal to borrow shares that DO NOT EXIST. Here, the entire 50 million shares in the float are short, PLUS an additional 20 million shares THAT DO NOT EXIST are also short.

This is a violation of SEC rules, and is referred to as "naked shorting" -- shorting stock that does not exist.

Patrick Byrne, whatever you think of him, made a big deal out of this several years ago when the same thing happened to the stock of his company, Overstock.com.

Naked shorting is illegal. SOMEBODY is hanging out on a limb, having done something illegal, and is scrambling to get out of their position. There are ONLY two ways to get "out" of a short position (whether it is a legal short or an illegal short). The way it happens 99% of the time, is you BUY BACK the stock ("cover the short"). But on rare occasion, the stock goes so low that the company files bankruptcy. If that happens, short positions are liquidated.

Now, look at what happened to GameStop stock in recent days: January 13: Up 57% in one day. January 22: Up 51% in one day. January 26: Up 93% in one day. January 27: Up 135% in one day.

The shorts want to get out, but they are only driving it higher (MUCH higher), by buying it back to cover. Plus, other longs are smelling blood and want to drive it higher. So, it has massive moves up.

There are rumors that some hedge funds are on the verge of going bust due to their short positions, including GameStop. This has NOTHING to do with "Robinhood" investors, which are so small-time that they don't even use a regular stock brokerage account. This takes MASSIVE MONEY to push the stock up like this.

Before the big move started, GME was trading several million shares per day, with a price under $20 per share. If it traded 5 million shares at $20, that would mean $100 million traded that day. Yesterday, it traded 179 million shares and closed around $148. That would be more than $26 billion traded (260 times the norm). Remember, there are only 50 million shares in the float. It traded almost 4 times the float yesterday.

So, what is the CEO/owner of the NYSE doing? Why is he allowing the illegal naked short selling? Is this going on because someone is trying to bankrupt hedge fund managers who have been running illegal naked short selling schemes?

Does it have to do with Q's posts related to game console comms?

Questions that should be asked:

(1) Who has been illegally naked shorting this and other stocks? (2) Why has Kelly Loeffler's husband been allowing the illegal naked shorting? (3) Has GameStop been used to transfer funds illegally from one party to another for nefarious purposes?

For (3) above, let's go back to Hillary Clinton's infamous cattle futures trade back when Billy was governor of Arkansas. Legend has it that she was so smart that she turned $1,000 into $100,000 by trading cattle futures. Well, that's one perspective, but there is another scenario that might have been the real story.

There is a trading technique called "past posting," which was legal back then, but illegal in the US futures market today.

Let's say a futures broker has 2 customers. Customer A is the wife of a sitting governor, and she opens a brokerage account with $1,000. Customer B is a political donor who wants some political favors, but does not want to contribute money directly to the politician, because he does not want a paper trail. Customer B opens a brokerage account with the same broker, and deposits $100,000.

The broker then combines the 2 accounts into a "master account" so he can trade both accounts (or several accounts) in one account. Much easier. That master account now has $101,000.

The broker makes trades on behalf of the customers (a "broker-managed" account). The way it is SUPPOSED to work is, if the first trade makes a profit of $100, sub-account A gets credited $1 and sub-account B gets credited $99 (approximately). In other words, both accounts go up and down, as a percentage of their contribution to the master account, when there are profits and losses from trades.

But with "past posting," those accounts can be credited and debited individually and after the trades happen. So, let's say the broker has 2 trades. The first makes a profit of $1,000, and the second has a loss of $1,000. The broker can then attribute the profit to sub-account A and the loss to sub-account B. Therefore, at the end of those 2 trades, sub-account A now has $2,000 and sub-account B now has $99,000. Do that enough times (super easy to do in futures, due to the leverage), and sub-account A might end up with $100,000, while sub-account B might end up with $1,000 (a $99,000 "loss" in lieu of a "political contribution").

I don't know if that is how it was done, but theoretically it would be very easy to do.

Is that one way to "move money" among certain people? Is that what GME has been about, possibly in addition to game console communications?

Why is Kelly Loeffler's husband allowing illegal naked short operations in the NYSE? Who is involved?