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114
Pay attention to GameStop.
posted 5 years ago by EnemiesDestroyed 5 years ago by EnemiesDestroyed +114 / -0

“Shall we play a GAME?

Nothing can STOP what is coming.”

Coincidence?

37 comments share
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Comments (37)
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▲ 18 ▼
– Slyver 18 points 5 years ago +18 / -0

I do not think it is coincidental.

I don't know if tendies will be forthcoming for the diamond handed apes, or if it will only be a tool to expose the full corruption in the system. I don't know if there will BE a system after GME runs its course. Will it collapse the entire fiat money system and the worlds economy? I don't know.

But I am fairly certain its a fundamental part of The Plan. I don't know anyone who is a part of both groups that thinks otherwise. All the pages of both stories are from the same book.

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– deleted 11 points 5 years ago +11 / -0
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– deleted 7 points 5 years ago +7 / -0
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– deleted 5 points 5 years ago +5 / -0
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– deleted 4 points 5 years ago +4 / -0
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– Honeyko 2 points 5 years ago +2 / -0

"GME is short somewhere between 1.5 and 3 times the outstanding shares."

It was, several months ago before the spike past $450/sh. It's now under 20%.

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– cheesygorditacrunch4 3 points 5 years ago +3 / -0

They’re hiding short interest with ETF shares and FTDs. It’s actually believed with this tactic they’ve shorted GME anywhere between 200-9000%. Hence the idea this is going to crash everything, they got caught with their dick in the cookie jar.

Also Short Interest is a self reported number so it is easily falsified. The numbers were simply not there for them to cover in terms of volume and pricing.

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– Suckmedry 7 points 5 years ago +7 / -0

No. There are no coincidences. WWG1WGA. NCSWIC.

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– PEPE4DonaldTrump 2 points 5 years ago +2 / -0

Haha yep. I think it's part of the plan. It brought people together regardless of political views.

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– MagaLout 4 points 5 years ago +4 / -0

I have a great idea for a game. It's called chopper rides for traitors. Once pushed out of said chopper, guess how long (in seconds) it will take before the body splats onto the ground like a watermelon. The person who guessed the nearest amount of seconds wins.

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– JonathanE 4 points 5 years ago +4 / -0

I thought we were dropping them into wood chippers?

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– KHo3P0 5 points 5 years ago +5 / -0

I was hoping for sharks with frickin' laser beans attached to their heads.

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– Joys1Daughter 2 points 5 years ago +2 / -0

?

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– ovitz 3 points 5 years ago +3 / -0

Yes

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– BeerMan 3 points 5 years ago +3 / -0

The "market makers" got caught with their pants down, I'm pretty sure this doesn't end with tendies for all. There's 2 possibilities:

  1. People actually diamond hand and the "market makers" buy up shares until they go bankrupt. Prices might go up, and they might go up a lot, but only a few people make money before the "market makers" go bust. No real people offer to buy at the crazy high prices, so prices come back down.
  2. And I think this is the more likely scenario, most people don't actually diamond hand. As the "market makers" buy to cover their shorts, the price will go up a little bit and people will sell. It'll bounce up and down. Maybe the "market makers" go bust, or maybe they survive. In any case, prices don't hit the moon.
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– deleted 5 points 5 years ago +5 / -0
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– BeerMan 3 points 5 years ago +3 / -0

Their borrowed shares is exorbitant.

Right, but they don't have unlimited money. If people really diamond hand it, the price could go to thousands of dollars per share or more. They don't have enough money to buy at those prices. So what can they do? Bankruptcy is all there is.

There might be some regulatory or legislative changes as a result, but who would pay the regular people what they're owed? No one.

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– RamboToaster 4 points 5 years ago +4 / -0

Are you paid to do this?

Post-2008 crash, there is a line of succession of debt in place. Primary defaulting hedgefund/bank > dtc > other hedgefunds/banks associated with that dtc.

Furthermore, in the case of a bankruptcy, the market gets paid FIRST. So a short position would require these entities to buy back shares on the open market to close their short positions.

Please don't spread fear and doubt - that is NOT the way.

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▲ 1 ▼
– BeerMan 1 point 5 years ago +1 / -0

The DTC is basically a title company for stocks. Buyers deposit cash, sellers deposit securities, and the DTC facilities the exchange.

When a hedgefund does a naked short, and the stock increases in price, the hedgefund is supposed to buy at the new market price to cover their loss. But if the price goes up too much such that they don't have enough money to buy, they "fail to deliver" the shares they sold In the naked short transaction, the buyer deposited money and their broker told them they have their shares, but really it's an IOU. The hedgefund gets more time to deposit the shares to DTC (I think it's 90 days).

If the hedgefund goes bankrupt, they won't be depositing those shares, because they have no money to buy them.

Are you really telling me that the DTC is now on the hook to buy these shares? I doubt it, but I could be wrong. I doubt it because it was the hedgefund who broke the rules in the first place with the naked short. Why would the DTC, the title company, be liable?

In any case, I think this is all hypothetical. Most people don't have the willpower to diamond hand. People are panicky and most will sell when prices fluctuate.

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– RamboToaster 2 points 5 years ago +2 / -0

Because that is what the DTC's job is.

It is a private corporation - like most of wall street. DTC (and its two parts, the DTCC and NSCC), OCC, NYSE are all private corporations.

What do you think a title companies job is? Like in a real estate transaction, the title company is there to ENSURE and ultimately INSURE the transfer of title.

These companies do not need to exist. We could hypothetically walk into the company and buy a share certificate - none of these other companies would get their cut.

You have doubled down on your negative nancy bullshit - but have also proved that it may just be because you do not understand the circumstance. It's all about the line of succession of debt and the market has FIRST claim to that money.

If you don't think people have the "willpower" I think you are in the wrong fucking forum. I think there will be plenty who refuse to sell just to watch the clown world house of cards burn.

The margin call is coming. Enough people need to be educated. There will be no "fluctuations" on that rocket.

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▲ 3 ▼
– BeerMan 3 points 5 years ago +3 / -0

Hey friend, I hope you're right. Good luck to you ?

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– RamboToaster 3 points 5 years ago +3 / -0

Here man. It really does bother me that there are so many paid actors talking shit nowadays.

And I really am frustrated that people want SOOOO badly to apply logic to clown world - because logic was out the door a long fucking time ago - it's really time to start thinking about what "could be" instead of "what is."

I just want to leave you with: 1. What is the difference between a Bitcoin and a GME share? 2. What if we find that hedgefunds have sold shares that do not exist? What if we find that they sold 2-3x as many shares as exist? That is a regular occurrence on wall street (the masses just don't know it - yet).

Here is a video from Patrick Byrne talking about shortselling, timestamped for you at ~4:38. https://youtu.be/BdBe5_8z53A?t=278

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... continue reading thread?
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– deleted 3 points 5 years ago +3 / -0
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– BeerMan 1 point 5 years ago +1 / -0

This is the first I've heard of an insurance policy. Do you have any details on that?

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– Honeyko 3 points 5 years ago +3 / -0

"Their borrowed shares is exorbitant."

[GME short-interest is down to under 20%.](Their borrowed shares is exorbitant.)

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– deleted 3 points 5 years ago +3 / -0
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– Robert 2 points 5 years ago +2 / -0

I think measures are in place to make sure it does go to the moon, via Blackrock, etc.

Apes may paperhand but I think if White Hats are behind it, it will moonshot to cause maximum pain and serve as a lesson for Ken that when you fuck with apes, apes fuck your wife.

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▲ 2 ▼
– IlIlIlIlIl 2 points 5 years ago +2 / -0

most people don't actually diamond hand

Bingo. Normal people who only invested because of a stimulus check will jump ship when they have a profit and see fluctuations. The graphs of things going to the moon are oversimplifications of a complex system with many actors.

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▲ 3 ▼
– anon1138 3 points 5 years ago +3 / -0

Reference to the movie war games, current events ukraine connection? What exactly is coming? We assume it is a reconning against the elites. Does the war game have to play out? When do you play the Trump card? When you are about to loose everything. The brink/precipice of destruction. What reason does the US have to go to war in ukraine? Blackmail Buyden. What reason does the US have to go to war against China? Blackmail Buyden. Reconcile with America last policies and you begin to see the objective.

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– Judiwont 3 points 5 years ago +3 / -0

Where’s the “Sphinx has spoken??””

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– Helpus2021 2 points 5 years ago +2 / -0

Why?

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