May 18, 2021 r/Superstonk Live AMA for Wes Christian. Statement @ 32:25: "THE PROBLEM IS THIS [naked short selling] IS CONTROLLED BY THE CABAL." There you have it folks! Q and the fight against the Cabal is going mainstream! When the Cabal falls, the rocket will soar! ?
(www.youtube.com)
? B O O M ! ?
Guys BUY GAMESTOP STOCK! - (Symbol GME)
This is part of the plan. Draining the $ from Wallstreet, the Cabal, the Fed, and the central banks! The largest transfer of wealth in history!
Just DON'T get it on Robinhood. Use any REAL broker. I like Fidelity or if you want an app based one WeBull has a great UI and will give you some free stock for joining I've got some on both.
This stock could temporarily go to $xxx,xxx - $xx,xxx,xxx during this short squeeze. Not because it's worth that much but because it's not worth zero which is what the hedge funds needed to happen to get away with this and them loosing that bet will cause it to go parabolic.
The last time something like this happened was the 2008 VW short squeeze when VW stocks briefly hit over $1250 a share. GME is MAGNITUDES higher and retail investors own the float.
You can explore more over on https://www.reddit.com/r/Superstonk/
Ignore AMC, BB, silver and anything else. It's all distractions to get people off of GME. (Paid shills are pushing ANYTHING but GME, especially AMC) And don't sell for what looks like alot of money to YOU, sell for what looks like alot of money to THEM.
Edit: PRO- TIP: If you plan on getting a few consider putting some in a ROTH IRA. You will avoid the 40% short term capitol gains tax and you can access it when you are 59.5 years old. You can do this on Fidelity among others.
? strong TOGETHER. All of the shorts must be attacked or else they can just defend one at a time. They have to be hit on multiple fronts... GME, AMC, BB, BBY, AHT, UONE... hit everything that's been shorted and naked shorted. They had to liquidate all of their positions in crypto which caused the recent crash to try to have enough to cover the shorts. If you bought but can't afford more during these discount sales, then HODL. Do not panic sell when they sell off synthetic stars to try to con you into selling. Do not settle for mere pennies on the dollar profits. Life changing money for ? in the greatest wealth transfer in human history
Crypto crashes were so obvious. I mentioned before that it was the hedgies trying to raise some cash to cover.
yea I agree with this, GME is the one they abused the most but its pretty clear that they did this scam to more than one stock. KOSS is another one. Put money in GME first but no reason not to spread it around to some of these others. I'm all in on GME but have some AMC as well.
I never said it wasn't? I am holding a good bit of AMC
Any pharmaceutical stock that they are shorting ? Just curious.... how do you identify this (since I am not a finance person)?
The problem with looking elsewhere is that the only way this will work (that I or anyone else can see) is by a concerted effort. Apes strong together isn't just a meme, its the only viable way.
Get in on GME. If you have some left over the other stocks where there is a large group effort are valid options. The more focused the attack though, the more likely it will succeed. If we own the float, and we hold the float together into the millions, we take down the Cabal (hopefully).
If you have access to the price charts look for stocks that spiked at the end of january like GME did, there's a bunch of them. If you have access to level 2 data you will notice they all follow roughly the same pattern for the day in price movement to lesser or greater degrees. Don't know of any pharmaceutical companies off the top of my head, though im sure there might be some, just the companies other anons have listed that people on r/superstonk and other places have all noticed share the same daily patterns.
This will work (or not) precisely because of the power of belief.
It is through investigation that this movement has happened. The beliefs are based on evidence, not on what we've been told to believe. It's just like with the Q/Cabal stuff, once you see it you can never unsee it. GME has much better fundamentals than AMC etc. and will settle on a better value when the dust settles, but its really the power of evidence based belief that is what will make this work (if it works), and many people believe in AMC as well.
collective consciousness
Yea, a lot of companies are shorted but imagine this.
You drop a giant rock in the middle of the pond.
That giant splash back is GME. All ripples are amc, koss, bb, etc...
Amc even released more shares to the public to lessen the blow on the cabal. Gme is the one that hurts the most.
I just bought a few shares and joined /r/superstonk
Question - when do the apes expect this all to really heat up? I bought in with fun money, so will ride things into the toilet if that’s what it takes.
That’s the thing. Should of happened back in January (when most people would have settled for $1k) but they keep kicking the can down the road.
Consider your stock a winning lottery ticket. You just don’t know what day it’s for.
20 million a share is the floor fellow ape!
What's a "high" price per share? Are we talking AMC, GME, Tesla, AutoZone, Alphabet, Amazon, or Berkshire Hathaway prices?
To some people, $1000 per share is an astronomical amount. To others, not the hedge funds, $1000 is a kind-of low price.
Where is the bar set on what's lot for (((them)))?
the floor is 20 million a share
This can not really be true... I just did the math on my position and broke my calculator on my phone. Went into exponential mode.
There really are a large amount of people who believe it will get in the millions and some point. I dunno if I can jump on board that ship until it actually happens, but I'm going to hold my xx shares and find out.
My plan has been to hold and see. I backed the truck up when scavino put out a comm at 45$. I was a believer within 24 hours.
I see some blue anon was able to math enough to see I’m up a shitton already.... based on a LARP. ??
That is literally not possible. To have the price hit 1 mil you have to have some willing to pay that one million for one share.
Whose gonna do that? You guys act like there is some magical wall street fairy that buys up stocks at magical market fairy prices. It doesn't work that way. Where is the hell are the market makers gonna find someone to bid it up that high. Remember APES ... you gotta have BUYERS AND SELLERS.
Millions is out of the question. I'm telling you, the shorts don't have those assets in their coffers. Once they are squeezed outta of the GME game ... the GME squeeze game is over. Then you get to experience the new price discovery.
Shills gonna shill. Who’s gonna pay that? The people who are obligated to return the shares they borrowed.
Thats funny. You LITERALLY have zero clue how markets work, and likely anything dealing in the financial world. Likely zero. You are a Gambler. I pointed out the impossibility of you hitting your number and you act like a shitl ... WHICH TELLS ME .... yeah, walks, acts, quacks.
Oh by the way genius ... GME is an open market security. You know ...things like, BID, and ASK.
It is the plan my fren. And don't sell everything, the floor is not the peak. I think $218 million is a fair price, considering the banks thought it was a fair bonus for causing 2008.
its technically possible because if retail owns the float (they do) then the hedge funds are REQUIRED to buy from them when they get margin called... so retail gets to set whatever price they want.
i dont think its likely that it gets that high since people gonna sell long before it hits the millions, but its not impossible. ill baghold some shares through the squeeze just in case... couldnt live with myself if i didnt at least take the shot at millions.
What does “owning the float” mean exactly? Very elementary in my understanding of the markets. Trying to make sense of all this terminology. Feel free to point me to a website, post, or whatever if you don’t want to type it out. I joined /r/superstonk today.
The "float" refers to the number of shares available for trading which in the case of GME is likely none as retail traders likely own all REAL shares at this point. What's happening is that through naked short selling millions of fake shares are being created, some good DD (due diligence, just research) suggests this is a market wide systemic problem as there is almost no consequence for misreporting short positions to FINRA for these large market makers, and have been fined REPEATEDLY in the past for doing just that. A similar situation happened with VW in 2008 when the price per share rocketed to $800. The difference with GME is that there is now an army of retail trading apes who will not relinquish there shares for chump change like 800 bucks lol
Holy crap. So essentially retail investors (you and I) likely own all the shares at this point and these people are literally making up shares to prolong this? We could literally witness the biggest wealth transfer in history over a retail game store... This is most definitely the next domino of the “plan” to fall. Big Pharma, wallstreet, government, everything. This is an actual web of corruption, insane.
If we own the float, which is almost certainly true many times over, and enough people that hold the float do not sell the stock until the price gets over 20M (or more) then it has no choice but to reach that level. It is simply the way it works. Those that don't believe it can happen have not done the necessary research.
It does take a lot of people to make such a powerful move work, but there are millions involved in this already, and at least half a million that understand completely what is required. Many (most?) of the very large share holders belong to that half million. 20M per share is a real possibility.
Will those with thousands of shares sell all their shares at 20M per? Probably not. Anyone who will hold onto that amount of shares until that time understands why they are doing so. They can't sell all their shares then or the whole thing falls apart. But someone holding say, 5000 shares could sell 500. That's a cool 10B at 20M per share. And then they hold on to 4500 shares forever, allowing for everyone else to get in on the action.
That is how this will go down, if it goes down at all.
This is absolutely wild to think about and what convinced me to buy two shares today. I did it with spare savings and figured why not? The world turned upside down this past year, who’s to say this GME stuff is impossible?
If it truly goes down like this I will owe you big time friend.
Yes, they have to buy them back. Every stock sold short is on the books. They are lying about the totals because they can. To really find out how many are sold short requires adding the totals from a lot of separate books. When there is a margin call, that is exactly what will happen. It is an inevitability. If they could have gotten out of it without paying, legally or illegally they would have. They have been drowning for a while now. They keep borrowing more and more money to go long in some stocks and more short in others to stay afloat. That is why you see so many companies with identical trading tickers. It's all about GME.
Nothing in life is guaranteed, but I think this is more of a sure thing than any other sure thing I've ever seen (and I've been right about every other one I've ever seen).
I certainly don't know what it will peak at. It really depends on how much of the float the apes who understand the situation hold, and whether or not they get greedy.
At this point though, there are hundreds of thousands that understand that this is no longer about making money (exclusively). This is our one chance to take down the evil that controls our entire economy and enslaves the American citizens, and by extension the world (they aren't yet aware of how broad or deep the real corruption goes, but its enough). Everyone gets whats really going on (within scope).
This is not financial advice!
Visit r/Superstonk and select the DD tag if you really want to get into the nitty gritty.
Ken Griffen owns a 250+ million dollar apartment. What's expensive to him?
As I said, six eight digits
Sell on the way down.
no one really knows for sure fren, the point being whenever they are forced to cover and buy back the shares they dont own they wont be able to as the entire float is owned by apes and we can set the price to whatever we want as long as we just simply hold. It could go to anything really, look at berkshire hathaway stock to get an idea of how high a stock can go.
Owned by Apes multiple times over. I wouldn't be surprised to find out there are more than a billion fake shares.
Yes. If 200% of the shares are shorted (and it’s probably more), they have to buy back the float twice. And those shares they buy back, they don’t get resold. They get destroyed because they never should have existed in the first place.
Holy crap I had never looked at Berkshire before. That is absolutely absurd. Didn’t know stocks could rocket that high, which is what confused me when people said this could go to a million...
Berkshire is an example of what happens when a stock never splits, unlike Tesla which went through a five-way split so that tells you what the share price really should be for TSLA.
This is accurate.
Did Rensole ever confirm which numbers the ~6% of eToro users hodling $GME was based upon? I only ask because there was an argument over the meaning of "funded accounts" when doing the math to find the number of ?✋??.
Spoiler: The high side of the math, using the traditional meaning and thus total accounts, puts the number of ?higher than the number of shares that are supposed to exist.
Buy GME go fucking apeshit on Silver and Gold when it explodes. That’s my play.
Selling one share at 1.5 mil all for gold and silver then HODLING the rest
Don't forget the capital gains tax on that will be over $600k leaving you less than 1 million. That's still a shit ton of money though I'm just saying don't want to forget that.
How do you avoid this exactly?
As far as I know (and anyone please chime in if you know otherwise) the only way to not pay so much in capital gains tax is to have held on to the stock for over 1 year.
Also the %s vary per state and seem to be lower if you're married and higher the more your yearly income is.
To see a more accurate # just search 'capital gains tax calculator' and you can enter your state etc and see the amount for yourself. Warning it is painful but better to understand now than later.
Everyone who has stake in this should do so though because you'll want to make sure you set aside that amount otherwise you'll be in a pretty fucked position when tax season comes around if by chance you spent all of the money already and didn't hold on to it or invest it successfully or something.
I know the shit is pure robbery
Yes and Biden's talking about raising capital gains tax (only on long-term investments at least but still fuck that)
This is the way apes and anons! WWG1WGA NCSWIC
I bought some silver now,it will probably be unattainable will gme pops.
Well then I am buying all the gold I can find
Bought a few today with extra savings, thanks for the encouragement, friend. Feel like I bought “high” but if this thing truly goes the direction you’re all saying, this could be a lot of fun...
gme to the moon!
I love this timeline.
PSA
The GameStop Corp Annual Shareholders Meeting is scheduled this Wednesday on June 9th.
This may well be the point of no return for the GME saga. The next few days may very well be the end of affordable tickets for the rocket.
Notice the handshakes and how they are pushing nok,amc, and selling gme? Seem familiar? It should be - they are shills
I moved money into my trading account on the 5th but it says I can't use it until the 10th... FML
What brokerage are you using?
e-trade
is it possible it could be the end of high priced tickets though?
Do you consider $250 to be a high price to pay for a stock that may be worth $25,000,000?
Yo, i do not mean to doubt you, i would love GME to go to 25 million but how realistic do you think that really is? I got in at $300.. avg'd down to $150 with the rest of my money but exited at $198.. so almost $50 a share for 20, after almost 1.5 months.. it wasn't a great earn but at least i got out green. It seems so risky
People aren't giving you a good answer.
Look at it like this, there was 140% shares at one point, meaning 40% didn't exist, they are naked floats. If apes buy 80% of all shares and hold (this is the important part), the shorts have to be covered. If no one sells unless they get $1,000,000 per share, the the hedge fund is forced to buy it at that price.
This all comes down to ape resolve. People will sell at $1000, $10,000,$100,000. The strongest apes will hold out.
Best thing to do is see how high it goes, and sell as it starts to fall. You have to be lucky to time out the peak.
Is there a timeframe in which the hedge funds HAVE to buy the shares or could this just go on forever? If not on a timeframe, why wouldn’t the firms just ride things out for years?
Yeah, I think there is, I think it's like 2 weeks.
But they can just borrow more and have another 2 weeks to find it to give it back.
I'm not an expert though, just read a few posts explaining the situation.
Nothing will change unless we make new laws and restrict these markets better.
When it comes to the stock market, too much is just bullshit. If a stock doesn't pay dividends, why would you want it in the first place? For most stocks the only actual value is that other people want it, it's a joke.
The thing that pisses me off the most is the futures market, because it affects the market. Shorts make the price go down. So someone's gamble on a stock going down drives it down?
I'm probably wrong, but that my understanding.
The take away is just get dividend stocks, they pay you for holding their stock. My next purchase will be a lot of AT&T.
But if it was 1 million per share then the market cap would be over 71 trillion dollars, which is more money in the world.
I understand the thinking but how much stolen wealth do you think the cabal is hoarding? They have had over 100 years since the Federal Reserve was founded to syphon off our wealth. They have the assets. I suspect that this is part of what the asset seizures of the cabal will be used to cover this, and the GME payouts are just a mechanism for the return of that wealth back to the people.
This guy gets it!
Exactly! i will take one of Ken Griffin's Global 5000 aircraft in exchange for 10 of my shares. They have the assets. they will need to sell and liquidate everything. Dont sell when it looks like a big number to you - sell when it looks like a BIG number to them.....
Less money for the hedgies to convert to new system
Dollar is going to Zero
Is this a good or bad thing? The “Great Reset” term freaks me out.
I love the enthusiasm ... It is awesome. But you realize, for the share price to get to an asking price of $1,000,000 per share, someone out there has to be willing to buy that share ... for a Million dollars. One share. Whose going to do that? The hedge funds? No. They won't. Even if the underwriters hit them with a margin call. They will just ignore the margin and let the bankruptcy courts handle the liquidation. That will take years. The assets they have on hand might be liquidated but no one is going to force them to find a way to close out the entirety of the short positions at those prices. They will just sell what they have and declare bankruptcy on the rest. The underwriters may have to cover the banks' losses but I assure you the underwriters are not gonna leave the bank insolvent. That would be suicide. No 7 digit price targets are fantasy. NOW ... in the thousands? That could happen. As long as we still have Buyers at those asking prices, yes, it could happen.
It most certainly could destroy some banks and banking support entities in the process. But Wall Street has a way of weaseling their way out of bad situations.
Perhaps.
You traded a chance at millions for a couple hundred dollars?
/chuckles
It is risky, but the upside is unprecedented. Do what's right for you and yours.
Nope. But the opposite question must be answered too:
Do i consider $250 to be a high price to pay for a stock that may be worth $0?
The answer there is yes.
it isn't worth zero and it never will be. Aside from the short squeeze potential and unlike the other meme stocks like AMC, GME actually has a solid company transformation underway and regardless of MOASS it is worth more than it currently is.
It’s not worth $0. $1 maybe at the lowest but not $0...
Totally your call. I sold bitcoin at $800/each also. We don't know the future.
yeah that floats through my head from time to time, had the opportunity to buy bitcoin at under $1.. but passed.
What's a "high" price per share? Are we talking AMC, GME, Tesla, AutoZone, Alphabet, Amazon, or Berkshire Hathaway prices?
Well beyond anything we have ever seen. Retail owns the float and shorts have to cover
What does “owning the float” mean? Have seen this mentioned a couple times. If there’s a good article explaining it I’m happy to read!
"Investors" have shorted the stock to the degree that there are more shorts than there are actual stocks. When they are made to buy back the stocks, stock owners will name their price.
So the people saying we could literally end up commanding millions of dollars for this stock aren’t spewing hot BS? That’s absolutely insane to think about
Yeah... no
i bought amc options last week to go from 1k to 50k.
immediately sold out when it broke 60, all in on gme.
they both probably gonna leave the stratosphere, but the research surrounding GME hits me so much better than the research around AMC. seems to me like the only reason to go in on amc is because it is was (WAS) cheap. the market cap for GME is SIGNIFICANTLY lower than amc now. amc is NO LONGER cheap.
there is NO good reason to go AMC over GME at this point.
Especially as AMC just diluted it's stock a second time this year.
GME.
Surely you're just memeing.
Memes are life.
I'm so glad I've held on Fidelity since January! GME and AMC!!
Might be time to hold your nose and tune in to Fox Business at 2 PM today. Wes Christian will be on with Charles Payne talking naked short selling.
Although Fox has been a dumpster fire since 11/3, FBN has stayed out of the fray... Maria in the Mornings and the Charles Payne Show have been good. Neil Cavuto still needs to take a long walk out of a short helicopter.
Link to time marker.
You may not need to fully redpill him. Lots of apes (term on WSB and superstonk) are not redpilled yet they just want to fuck over the hedgies and make money while doing it.
I have suspected GME may be part of the plan since the first big run up in february. It will be interesting as if MOASS happens (mother of all short squeezes) as it will bankrupt a lot of hedge funds who are short GME. As they are bankrupt led it could tip a domino and crash the banks as well.
Thanks for sharing your story. This Great Awakening will be brutal for so many people. It sure made me rethink so so so many things in life.
You should show him this. GME from an ex wallstreet guy.
And that poster also has other articles involving his ex wallstreet dad.
https://archive.is/02Sxr
Even if it is only a couple shares I see it as a no expiry OTM call option. If MOASS happens then I’m ITM with $$$. If nothing happens then I’m fine with losing the original investment of a couple shares
So basically retail owns the float several times over. We have an Infinity Pool situation where the Hedge Funds could literally never cover if any of the retail investors decide they never want to sell. This alone would push the price to ungodly high levels. 25 million dollars is not a meme.
I just sold my AMC at profit to get a little more GME. I dont have a lot but im in.
I also fully believe the play on GME is part of the plan. I also agree that the other meme stocks are pressure relief valves and distractions the hedgies are using to maintain their short position on GME.
I am of the mind that this play is part of the plan because everything lines up. Exposing corruption is the name of the game and its about to STOP.
Just the name GAME STOP is no coincidence if you ask me. What does Q say? There are no coincidences. Love you all.
I agree.
Good vs Evil, be a hero and hold your share!
GME + AMC Silver Crypto
^^^ That's diversification in 2021 ^^^
Fiat is only held currently so I can pay employees, if I didn't have to worry about payroll I would be happy with having very little cash on hand.
AMC is going CRAZY and frens Ideanomics is a retirement plan!
Exactly, I bought fuck loads of GME when most brokers turned off buys for GME, that told me all I needed to know
Actions over words Watch what I do and not what I say
News can be fake
But their actions revealed their intentions
Blocking the buy button means they don’t want you to buy it, which means DO IT
This! There's good research out there suggesting that AMC is the HFs long hedge against their GME short positions. They get the media to pump all the other "meme stocks" and convince people that they are all the same when these pumps are actually providing the ammo to stay in the fight with GME.
enter text
If/when the MOASS happens at the price people are hodling for, the largest transfer of wealth will occur. The Great Reciprocal.
I’m torn. Opened a Fidelity account last week to transfer from RH. Do I chance the transfer and possibly have my assets in limbo or do I just sit for now?
There is a near certain chance that Robbinghood pulls their January shenanigans again.
Not financial advice, but if I were in Robbinhood, I'd get the fuck out.
Transfer. Either you transfer or most likely robinhood margin calls you ridiculously early in the game and you miss out anyways.
You can do a partial transfer with only certain shares, if you want. Maybe just transfer half if you’re worried.
They gave me a 7 day timeframe for completion and my shares showed up in 3. And this was just 2 weeks ago.
That might be an option for you.
You may consider buying a little in Fidelity so that you at least have something you can control while you transfer. Just a thought, not advice.
RH is not your friend.
https://www.gmefloor.com/
I got lead onto GME through someone on here in January and now I’m all in £33k
It’s coming soon, can you feel it? I ask God everyday for true freedom.
Carol Roth on Fox News today will be linking up with Matt Kohrs on YouTube. It will be a big opportunity for the GameStop and AMC community to hear more. The turning one stone. And they are slowly learning this is part of a bigger picture.
I asked my brother as well as my Christian (and huge Trump fan) financial adviser about this and they said not to get involved with these- financial guy gave me a link to explain the meme stocks. I’m going to follow his advice but wanted to make this info available FYI...be careful.
https://www.marketwatch.com/story/we-put-these-eight-meme-stocks-through-a-rugged-analytical-test-which-are-poised-for-growth-and-which-have-big-downsides-11622810160
Reading MarketWatch for financial advice is like watching CNN to learn about Trump. You should really dive deeper on who we are up against and their tools to control and enslave entire the world.
Does your financial adviser also steer you away from precious metals, particularly silver?
Well, guess this is why I don’t post- I usually just read. Thanks all for the advice though.
The way I see it...
Step 1: Yolo into GME Step 2: Ride the Rocket Step 3: Get off on the Moon Step 4: Yolo into Gold / Silver / Crypto Step 5: Visit Andromeda
Somebody needs to get this over to this Twitter/YouTube influencers.
I pumped all I had into AMC and felt good about it. Now reading here tbh I feel unsure and confused at this point. And of course I'm using robinhood. Now I worry I'm making a mistake. I wish there was clear info but it's all back and forth.
Do you have gains you can convert to GME? Not financial advice.
Yes just enough for 1 share. Like almost exactly to the dollar lol.
Took someone’s advice and last week bought gme and amc. Don’t want to regret not having bought in like the Bitcoin thing. Had 200 dollars in my cart back when it was 3.00 and I was having a hard time trying to figure out the wallet thing. Next day it went to 80.
Sold some bitcoin to pay bills at $800. Not selling my GME until there is a large rotund woman singing.
Umm no. Not may bop a bit and amc a bit . They are nowhere near gme. Dr Michael burry , the original big short, has predicted gme and said that this has never happened before and won’t again. The perfect storm.
This here and it’s why Dr. Burry is shorting Tesla. The hedge funds that are shorting GME are long on Tesla and will need to liquidate their Tesla shares to try and cover when the margin calls happen.
Yup yup
Burry got out of GME last December....
Is this a bad thing?
Possibly, but I don’t think so.
He was right and exited for a profit. But the fundamental reason of why he thought the stock would rise is still true.
this is not financial advice
Burry was also getting attention from the SEC and might have backed out while he could, when he started talking about hyperinflation Twitter shut him down as well.
Yeah umm it’s the nyse that halts trading. Wtf are you talking about?
No, robbinhood stopped people from buying gme for a while back when it first skyrocketed.
DO NOT USE ROBBIN HOOD. They will fuck you over like they fucked over people a few months ago when they prevented people from trading gme. Use any broker besides robbinghood.
This is not factually correct. There is a difference between the stockmarket itself halting trading on extreme swings.... and ONE FIRM (robbinghood) not allowing people to buy when 2 stocks were rocketing up...
Only robinhood illegally prevented people from doing something that hurt their billionaire hedge fund owners... no one else did.
Neither Vanguard or E-Trade halted on me.