I have studied the arguments on both sides of whether the moon landing was faked.
I believe, but I am not 100% positive, that we did send a rocket to the moon, and people did land there.
Keep in mind, I am basing this off of what I have learned about physics and astronomy.
There is also an experiment you can do where you shine a high-powered laser at the moon. You will get a reflection some time later, and you can calculate the distance to the moon based off of that. There is a reflector on the moon that makes this possible. I have never done this experiment, but I have talked to people who claimed to have done it for themselves.
Certainly some things in there that make you go hmmm.. from the ancients "time before the moon," the perfect similarities of size and distance between the sun/moon/earth..the look on their faces when being questioned by the press. Might have to watch that one again
Yes. The ONLY WAY to ensure that the shares are in your name and 100% real, is if they are DRS'd via ComputerShare. Take your shares away from the Cabal's DTCC/Cede&Co, and register them directly in your name. In the wild event that GameStop we're to ever lose faith in the DTCC's duties, and want to take their shares elsewhere, you better hope you have REAL shares registered in your name (ComputerShare).
It's not technically a split. It's a dividend wherein the company issues 3 extra shares for each one an entity holds. Calling it a split would be incorrect, but it is similar to one.
Who do you believe? The Reddit touts or the management of Gamestop itself?
Gamestop's SEC filing 7/6/22 says:
Board of Directors has approved and declared a four-for-one split of the Company’s Class A common stock in the form of a stock dividend.
The stock dividend will be distributed after the close of trading on July 21, 2022. Trading will begin on a stock split-adjusted basis on July 22, 2022.
Interesting choice not to italicized the part where they say it's in the form of a dividend. There are mechanical implications of it being a dividend as opposed to a split.
I only have 2 shares, might buy more in the following couple day's. DRS'ing confuses me to no end. I also know it takes times to get them Registered. Will I not be able to sell any of my shares if I do not direct register them? Do I still have time to do this or am I SOL?
Are you American? The process and length depends on that answer. If you are, DRSing with Computershare is pretty easy. They have a guide pinned on superstonk. If your broker is Fidelity then the process is pretty simple. Takes me 5 minutes being on the phone with their customer service. You should still have plenty of time, though you might be cutting it close here if you're European or something since it takes longer for them.
You might be able to sell your shares, you might not depending on whether your broker screws you over when it's revealed that they only gave you an IOU and not actual shares. Much safer to directly register them.
Hell yeah I'm American! So I have them on Webull. Do I need to switch over to Fidelity or can I also DRS from Webull? Or is it just easier to do it from Fidelity?
It's easier to do it from Fidelity but you should be able to do it from webull though I don't know how difficult that might prove. I ended up transferring mine from webull to Fidelity last year and IIRC it took like a week or so to complete. You have time so I'd do that tomorrow if I were you and then transfer from Fidelity if DRSing directly from Webull proves difficult.
No, that's some old FUD that was spread around a while back that's been debunked since then. It's really not that difficult to sell via DRS. You can see for yourself in the portfolio section on CS.
I also find it interesting that you don't actually address what I said. You just immediately pivot to a new FUD tactic instead of acknowledging the errors of your previous FUD.
LOL... honestly SuperStonk has exposed more Cabal fuckery, particularly in the financial realm, than any other board I am on in the last 18 months. I too have wondered about GME being a distraction, but there is no way in hell. I've witnessed more "normies" over on SuperStonk become awoken to the media bullshit, Wall Street Cabal bullshit, International Big Banker bullshit, and Federal Reserve Bullshit over the last 18 months, than I have ever seen from any other board, including The_Donald.
Not to mention, Ryan Cohen is taking direct knowledge and plays from Patrick Byrnes during Byrne's time at Overstock when he attempted to fight the Cabal off his companies back. Ironically, we know Byrnes is working directly with Team Trump.
Why would the Cabal want hundreds of thousands of people waking up to how they exploit humanity and where they draw their power & control from? (Fiat Currency, Fractional Reserve Banking, International Banking, Debt-Driven Society, DTCC, Cede & Co, etc). Wall Street & Big Banking is the head of the snake, folks. It's where the Cabal draws their power from. It's how they control corporations, economies, and countries. Infinite Money = Infinite Power.
If anything, it seems like a ploy from some "White Hats"...
You can directly on the CS website. People have tested it. The issue is when a stock gets past 1 million per share they require a letter sent to them to sell the shares. But IMO, it's going to bring the whole corrupt temple of walstreet SEC, FED etc down.
Or they will reach a settlement with shareholders. OR the govt will intervene, thus pissing off more people and bringing us closer to the precipice.
This is a genius two-pronged attacked that is going to make life difficult for two different groups for two different reasons!
Attack #1– hit the DTCC hard. By doing a dividend split the DTCC is going to be handed a limited number of shares (they’ll get theirs after CS distributes shares to insiders and DRS accounts). This puts serious pressure on the DTCC because there’s going to be a ton of people expecting stocks to show up in their account and the DTCC is going to have to find them. (There have been a lot of posts focusing on this scenario— but not on the second prong of the attack.)
Attack #2– Forcing price action that will trigger margin calls and liquidations. The last 18 months price actions have shown the SHF have price ceilings where margin calls would be triggered. In January ‘21 it looks like it was $500. By March ‘21 it had come down to $350. Their efforts to kick the can and to live to fight one more day have increased their debt, their fees and interest, and have lowered their margin threshold. There was some speculative DD recently that suggested the line may lie to under $200 and may be as low as $150.
Every time a stock splits the price begins to climb again. So this move is going to result in prices rising— and they won’t have to rise much to begin to trigger margins. If the stock is at $120 on July 18 it will start trading at $30 a share. Juicy right? But that $30 is really 4 for $120. A rise in price to $50 a share is equivalent to $200. And when it hits $75, it’s $300.
And this isn’t even considering the effect this will have on options and the ramp that’s going to push prices up. Hedgies are fukd.
I know there is concern that the system will somehow cheat and screw apes. I think though this move puts multiple pressure points on different parties such that their options are going to be limited. Hedgies need the price to stay low. The DTCC needs to buy shares. Two of our biggest enemies have just been pitted against each other. Both are fukd bcs my price to sell has lots of numbers in it.
So genius move RC! Hit the DTCC and hit SHF! Buckle up!
TLDR- the dividend split attacks the DTCC by forcing them to close shorts/buy shares since they won’t receive enough from CS to distribute to the brokerages AND attacks the Hedgies by creating upward price pressure that will trigger margin calls and then liquidations.
I literally cannot wait for you idiots to be left holding the bag on this. I can only wish my balls were getting worked as well as you are with all this bullshit.
Insiders at Gamestop buying massive amounts of their company stock. Not selling.
Top talent from Amazon, Apple, Chewy etc leaving their high positions to join Gamestop. Some mentioning it was a once in a life time opportunity and sad they had to leave.
AMC meme stock CEO selling his shares not buying.
(AMC is the distraction to keep people from buying GME.)
Coordinated attacks on GME by MSM and investing media companies. Never reporting when GME goes up 20% in a day, only reporting when GME goes down. Only reporting good news about AMC.
Media articles straight up lying about Gamestop. They still refer to them as a brick and motar store, never mention their expansions into the digital marketplace.
If you've learned anything, the media attacks what they fear the most, this example is easily confirmed via the massive amounts of attacks on Trump (or any pro-MAGA people) for the past 7 years. Not to mention the attacks on "Qanon".
How do you explain sinister Hedge Funds such as Melvin Capital going bankrupt due to their short positions in GME, if this is a classic pump & dump? How do you explain cabal behemoth's such as Citadel saying that "Melvin Capital and Gabe Plotkin are some of the greatest traders of our time", yet 6 months later Melvin goes bankrupt due to their GME short positions, just as those on SuperStonk predicted?
News flash, GME already pumped and dumped early last year. And somehow a "dying brick & mortar" is still trading at $120+ per share. I wonder if that has anything to do with a loyal base investing in GME, Ryan Cohen turning the company around in positive ways (i.e. kicking Cabal members off the board), and the shorts never closed?
Why has the Cabal Mainstream Media been telling normies for the last 18 months that GME is a failure, to sell your shares, and that the company will die? We know the Cabal Media lies about everything. Are they all of a sudden telling the truth on GME?
It will never happen again. These fuckers know exactly what they are doing.
I don’t know what the media is saying. I don’t watch it. I just look at the math, and the market mechanics of how that math plays out, and the math says you are all gonna be very disappointed.
To be honest it’s also been really fucking offensive. I was Series 7/63/9/10 licensed for years and the balls in which these fuckers lied to you is bananas…it’s also very insidious how they changed the language to make it more of a game vs reality, stonks, hodl, all that bullshit was just gloss to make it a team thing. Really gross.
Initially I pitied you all but then you became so annoying I am actively rooting for you to lose, and quickly, so you all learn your lesson.
How do you explain sinister Hedge Funds such as Melvin Capital going bankrupt due to their short positions in GME
They didn't go bankrupt. They did have a big loss on their short of GME, but they covered that in JAN 2021 -- just a couple of days before the all-time high.
The problem for them was the "high water mark" for most hedge funds. If a fund is down, they have to come back to their previous highest valuation before the manager can take profits for himself.
The fund was down over 40% after closing out the GME short. They started making a comeback, but it was slow going. 2021 was still a bull market.
If they continued doing what they were doing, they would have hit the bear market in 2022, and since shorting was their specialty, they probably would have made a comeback. But they decided to close the fund instead. They did not go bankrupt, but they did close the fund.
The fund manager, Plotkin, did fine, though. He personally made over $1 billion during the past few years.
How do you explain cabal behemoth's such as Citadel saying that "Melvin Capital and Gabe Plotkin are some of the greatest traders of our time
Because those guys are best buds and used to work together.
They worked for Steve Cohen, of Point 72. He was slapped with insider trading, so he can never manage other people's money again. But he has plenty of his own, which he used to fund his fund. Plotkin (Melvin Capital) and the Citadel guy both worked for Cohen. They went out on their own, and Cohen had some of his money invested with Plotkin, which is why they bailed him out of this fuck up in 2021.
yet 6 months later Melvin goes bankrupt due to their GME short positions
That did not happen. You have bad info.
Melvin covered/closed their GME short in JAN 2021. The closed the fund in early 2022, but did not declare bankruptcy. They returned capital to investors.
They made huge profits prior to 2021, so I don't know if they were net up or down, as far as their investors were concerned.
Why has the Cabal Mainstream Media been telling normies for the last 18 months that GME is a failure, to sell your shares, and that the company will die?
That is the only decent point the pro-GME'ers have made.
I find it laughable how you oddly are defending a slimey cabal hedgefund. None the less…
1.) Hedgefunds do not close their funds because of “bear markets”. That’s nonsense.
2.) 40% losses on an entire fund, operating with billions in other peoples money, isn’t just some laughable thing that happens everyday. That is absolutely horrible. If your hedgefund is losing 40% of your investment, then your hedgefund is clearly taking major risks and fucking something up.
3.) Bankrupt, closing fund, whatever you want to call it. Why are you nit-picking word choice and semantics here to downplay the fact that Melvin was one of the firms naked short selling GME and lost billions of dollars due to their abusive naked short selling?
7.) Gabe Plotkin publicly discussed how their bread and butter was short selling. How in the hell do you blow away 40% of your massive fund in a bear market when your bread and butter is short selling? Unless you just so happened to be taking part in illegal naked short selling & cellar boxing, that went sideways and turned into an idiosyncratic risk?
8.) Why are you shilling for a scummy, Cabal hedgefund, that has helped drive American companies into the ground (cellar boxing), destroying countless jobs, for their own profit?
Yep. I remember back in January 2021 on GAW, where a lot of anons were drinking the "GME to the Moon" koolaid.
I checked it out because it was interesting. Sure enough, there WAS a naked short position back then.
But it is long gone.
I said it will come back down because there is no real business there. It did, and there still isn't.
Suuuure was convenient that the company was able to do a secondary offering with those prices 10 times higher than before the big squeeze ... huh? Saved the company from going bankrupt. Funny how that works.
Now, the boiler room touts change the story to "Oh, there's still massive shorts -- even more massiverer than before -- but now they are hiding it." KEK.
As if.
Hedge funds are just shaking in their boots, wondering if their GME short position will add an extra 0.20% to the annual returns on their portfolio or not.
Meanwhile ... boiler room scammers have figured out how to use the internet. Easier than using a phone and a list of doctors to cold call.
That’s why I am just wanting to get this retarded charade over with. These people have no idea of the mechanics behind what happened and can’t even bother to spell correctly.
Same. I want my fuggin tendies. And as soon as I get em', I'm coming for every evil fucker that has drained the life and soul from humanity for the last 100+ years.
there's definitely something going on with the moon and Q. Jfk Jr's survival guide to the future edition of George Magazine had a moon on the cover.
https://themarshallreport.wordpress.com/2021/02/07/jfk-jr-how-did-george-know/
and JFK gave this speech about the moon, shared a lot of incredulous facts about what it takes to travel that far and return.
https://youtu.be/th5A6ZQ28pE
I do believe that when all is revealed, some laws of physics, shall be proven to no longer apply.
Gravity is completely misdescribed and thus will be proven false.
Don't be a wise guy.
Time travel too
I watch Star Trek too!
I have studied the arguments on both sides of whether the moon landing was faked.
I believe, but I am not 100% positive, that we did send a rocket to the moon, and people did land there.
Keep in mind, I am basing this off of what I have learned about physics and astronomy.
There is also an experiment you can do where you shine a high-powered laser at the moon. You will get a reflection some time later, and you can calculate the distance to the moon based off of that. There is a reflector on the moon that makes this possible. I have never done this experiment, but I have talked to people who claimed to have done it for themselves.
I think NASA of Apollo is a completely different animal than NASA today. We did go. We can't go again until we fix NASA.
They were willing to take calculated risks in the 60s and 70s.
Easiest way to find out is a telescope and look for the American flag on the moon
The truth would put 99% of people in a hospital. https://youtu.be/DhTagWzkjHk
Certainly some things in there that make you go hmmm.. from the ancients "time before the moon," the perfect similarities of size and distance between the sun/moon/earth..the look on their faces when being questioned by the press. Might have to watch that one again
Have you seen this? https://www.bitchute.com/video/nuashDpq8O5C/
And girls :) thank God my shares are DRS’d at Computershare.
I was going to DRS mine next week. Maybe too late now.
Do it now before it's too late.
https://www.drsgme.org/
Question...for shares bought through a broker where the contract specifically says your shares are NOT lent out ever, is DSR still needed?
Yes. The ONLY WAY to ensure that the shares are in your name and 100% real, is if they are DRS'd via ComputerShare. Take your shares away from the Cabal's DTCC/Cede&Co, and register them directly in your name. In the wild event that GameStop we're to ever lose faith in the DTCC's duties, and want to take their shares elsewhere, you better hope you have REAL shares registered in your name (ComputerShare).
Never believe that.
They lend them all the time. They are liars 100%
You have time
Up 10.00 allready afterhours. Battle of 180 tomorrow I bet.
It's a dividend so the brokers can't give you the cash equivalent,that would be a realized gain.
Is it a stock SPLIT ... OR ... a stock DIVIDEND?
They are not the same thing, and the language they are using is self-contradictory.
Weird.
Divident.
Splitvidend
It's a split in the form of a dividend. They're giving everyone who holds GME shares 3 extra for every 1.
How is it a split then?
It's not technically a split. It's a dividend wherein the company issues 3 extra shares for each one an entity holds. Calling it a split would be incorrect, but it is similar to one.
https://www.reddit.com/r/Superstonk/comments/tuoeaz/the_coming_horrors_awaiting_shorts/?utm_medium=android_app&utm_source=share
Dang. Nice
Yeah ... nice ... except he's full of shit.
Here is the company's SEC filing:
https://www.sec.gov/Archives/edgar/data/1326380/000132638022000100/a991-stocksplitannouncement.htm
Technically, it is.
Who do you believe? The Reddit touts or the management of Gamestop itself?
Gamestop's SEC filing 7/6/22 says:
https://www.sec.gov/Archives/edgar/data/1326380/000132638022000100/a991-stocksplitannouncement.htm
Ain't no free lunch.
Interesting choice not to italicized the part where they say it's in the form of a dividend. There are mechanical implications of it being a dividend as opposed to a split.
OK. Explain in your own words (no links).
I double dog dare ya. I KNOW you can't explain it because you don't understand it.
If you don't get your additional 3 shares after the 21st, then you haven't been paying attention.
I have a buddy who still hasn't DRS'd in spite of knowing all the DD...
I only have 2 shares, might buy more in the following couple day's. DRS'ing confuses me to no end. I also know it takes times to get them Registered. Will I not be able to sell any of my shares if I do not direct register them? Do I still have time to do this or am I SOL?
Checkout this website - it explains it all! https://www.drsgme.org/
Thank you!
Are you American? The process and length depends on that answer. If you are, DRSing with Computershare is pretty easy. They have a guide pinned on superstonk. If your broker is Fidelity then the process is pretty simple. Takes me 5 minutes being on the phone with their customer service. You should still have plenty of time, though you might be cutting it close here if you're European or something since it takes longer for them.
You might be able to sell your shares, you might not depending on whether your broker screws you over when it's revealed that they only gave you an IOU and not actual shares. Much safer to directly register them.
Hell yeah I'm American! So I have them on Webull. Do I need to switch over to Fidelity or can I also DRS from Webull? Or is it just easier to do it from Fidelity?
It's easier to do it from Fidelity but you should be able to do it from webull though I don't know how difficult that might prove. I ended up transferring mine from webull to Fidelity last year and IIRC it took like a week or so to complete. You have time so I'd do that tomorrow if I were you and then transfer from Fidelity if DRSing directly from Webull proves difficult.
You can’t immediately sell shares once they’re DRSed right?
That’s the downside. People act like it’s a magic bullet with only upside.
No, that's some old FUD that was spread around a while back that's been debunked since then. It's really not that difficult to sell via DRS. You can see for yourself in the portfolio section on CS.
You think they’re gonna let you get that money?
Good luck during an internet outage.
I’m not falling for the stock market distraction.
Much more important things to worry about.
I also find it interesting that you don't actually address what I said. You just immediately pivot to a new FUD tactic instead of acknowledging the errors of your previous FUD.
LOL... honestly SuperStonk has exposed more Cabal fuckery, particularly in the financial realm, than any other board I am on in the last 18 months. I too have wondered about GME being a distraction, but there is no way in hell. I've witnessed more "normies" over on SuperStonk become awoken to the media bullshit, Wall Street Cabal bullshit, International Big Banker bullshit, and Federal Reserve Bullshit over the last 18 months, than I have ever seen from any other board, including The_Donald.
Not to mention, Ryan Cohen is taking direct knowledge and plays from Patrick Byrnes during Byrne's time at Overstock when he attempted to fight the Cabal off his companies back. Ironically, we know Byrnes is working directly with Team Trump.
Why would the Cabal want hundreds of thousands of people waking up to how they exploit humanity and where they draw their power & control from? (Fiat Currency, Fractional Reserve Banking, International Banking, Debt-Driven Society, DTCC, Cede & Co, etc). Wall Street & Big Banking is the head of the snake, folks. It's where the Cabal draws their power from. It's how they control corporations, economies, and countries. Infinite Money = Infinite Power.
If anything, it seems like a ploy from some "White Hats"...
Lol "muh government won't let you get the money" FUD is months old now dude. Get a new script.
You can directly on the CS website. People have tested it. The issue is when a stock gets past 1 million per share they require a letter sent to them to sell the shares. But IMO, it's going to bring the whole corrupt temple of walstreet SEC, FED etc down.
Or they will reach a settlement with shareholders. OR the govt will intervene, thus pissing off more people and bringing us closer to the precipice.
The upside of DRS is you'll know you actually have the shares to sell though. ;)
Lol good luck getting the money selling those shares.
"Moonfagging"😁
kek
Good post on SS:
This is a genius two-pronged attacked that is going to make life difficult for two different groups for two different reasons!
Attack #1– hit the DTCC hard. By doing a dividend split the DTCC is going to be handed a limited number of shares (they’ll get theirs after CS distributes shares to insiders and DRS accounts). This puts serious pressure on the DTCC because there’s going to be a ton of people expecting stocks to show up in their account and the DTCC is going to have to find them. (There have been a lot of posts focusing on this scenario— but not on the second prong of the attack.)
Attack #2– Forcing price action that will trigger margin calls and liquidations. The last 18 months price actions have shown the SHF have price ceilings where margin calls would be triggered. In January ‘21 it looks like it was $500. By March ‘21 it had come down to $350. Their efforts to kick the can and to live to fight one more day have increased their debt, their fees and interest, and have lowered their margin threshold. There was some speculative DD recently that suggested the line may lie to under $200 and may be as low as $150.
Every time a stock splits the price begins to climb again. So this move is going to result in prices rising— and they won’t have to rise much to begin to trigger margins. If the stock is at $120 on July 18 it will start trading at $30 a share. Juicy right? But that $30 is really 4 for $120. A rise in price to $50 a share is equivalent to $200. And when it hits $75, it’s $300.
And this isn’t even considering the effect this will have on options and the ramp that’s going to push prices up. Hedgies are fukd.
I know there is concern that the system will somehow cheat and screw apes. I think though this move puts multiple pressure points on different parties such that their options are going to be limited. Hedgies need the price to stay low. The DTCC needs to buy shares. Two of our biggest enemies have just been pitted against each other. Both are fukd bcs my price to sell has lots of numbers in it.
So genius move RC! Hit the DTCC and hit SHF! Buckle up!
TLDR- the dividend split attacks the DTCC by forcing them to close shorts/buy shares since they won’t receive enough from CS to distribute to the brokerages AND attacks the Hedgies by creating upward price pressure that will trigger margin calls and then liquidations.
I literally cannot wait for you idiots to be left holding the bag on this. I can only wish my balls were getting worked as well as you are with all this bullshit.
Why are the shares for a "dying brick and mortar" company hovering between $128 - $130 today?
A classic pump and dump scheme pulled out in the open couple with massive short interest.
That should not be your question. Your question should be asked after you expand your chart let’s say a year.
What you will see is a long term unwinding of shorts.
If you've learned anything, the media attacks what they fear the most, this example is easily confirmed via the massive amounts of attacks on Trump (or any pro-MAGA people) for the past 7 years. Not to mention the attacks on "Qanon".
Dude, look at the chart. Stretch it out a year.
You’re welcome.
Now i know you're completely ignorant
We will come back to this. One of us will look stupid. Good luck.
How do you explain sinister Hedge Funds such as Melvin Capital going bankrupt due to their short positions in GME, if this is a classic pump & dump? How do you explain cabal behemoth's such as Citadel saying that "Melvin Capital and Gabe Plotkin are some of the greatest traders of our time", yet 6 months later Melvin goes bankrupt due to their GME short positions, just as those on SuperStonk predicted?
News flash, GME already pumped and dumped early last year. And somehow a "dying brick & mortar" is still trading at $120+ per share. I wonder if that has anything to do with a loyal base investing in GME, Ryan Cohen turning the company around in positive ways (i.e. kicking Cabal members off the board), and the shorts never closed?
Why has the Cabal Mainstream Media been telling normies for the last 18 months that GME is a failure, to sell your shares, and that the company will die? We know the Cabal Media lies about everything. Are they all of a sudden telling the truth on GME?
Don't forget Boston Consulting Group.
They (the internet idiots) got em once.
It will never happen again. These fuckers know exactly what they are doing.
I don’t know what the media is saying. I don’t watch it. I just look at the math, and the market mechanics of how that math plays out, and the math says you are all gonna be very disappointed.
To be honest it’s also been really fucking offensive. I was Series 7/63/9/10 licensed for years and the balls in which these fuckers lied to you is bananas…it’s also very insidious how they changed the language to make it more of a game vs reality, stonks, hodl, all that bullshit was just gloss to make it a team thing. Really gross.
Initially I pitied you all but then you became so annoying I am actively rooting for you to lose, and quickly, so you all learn your lesson.
You literally sound like this guy:
https://old.reddit.com/r/Superstonk/comments/vuba2z/shills_are_angry/
They didn't go bankrupt. They did have a big loss on their short of GME, but they covered that in JAN 2021 -- just a couple of days before the all-time high.
The problem for them was the "high water mark" for most hedge funds. If a fund is down, they have to come back to their previous highest valuation before the manager can take profits for himself.
The fund was down over 40% after closing out the GME short. They started making a comeback, but it was slow going. 2021 was still a bull market.
If they continued doing what they were doing, they would have hit the bear market in 2022, and since shorting was their specialty, they probably would have made a comeback. But they decided to close the fund instead. They did not go bankrupt, but they did close the fund.
The fund manager, Plotkin, did fine, though. He personally made over $1 billion during the past few years.
Because those guys are best buds and used to work together.
They worked for Steve Cohen, of Point 72. He was slapped with insider trading, so he can never manage other people's money again. But he has plenty of his own, which he used to fund his fund. Plotkin (Melvin Capital) and the Citadel guy both worked for Cohen. They went out on their own, and Cohen had some of his money invested with Plotkin, which is why they bailed him out of this fuck up in 2021.
That did not happen. You have bad info.
Melvin covered/closed their GME short in JAN 2021. The closed the fund in early 2022, but did not declare bankruptcy. They returned capital to investors.
They made huge profits prior to 2021, so I don't know if they were net up or down, as far as their investors were concerned.
That is the only decent point the pro-GME'ers have made.
I find it laughable how you oddly are defending a slimey cabal hedgefund. None the less…
1.) Hedgefunds do not close their funds because of “bear markets”. That’s nonsense.
2.) 40% losses on an entire fund, operating with billions in other peoples money, isn’t just some laughable thing that happens everyday. That is absolutely horrible. If your hedgefund is losing 40% of your investment, then your hedgefund is clearly taking major risks and fucking something up.
3.) Bankrupt, closing fund, whatever you want to call it. Why are you nit-picking word choice and semantics here to downplay the fact that Melvin was one of the firms naked short selling GME and lost billions of dollars due to their abusive naked short selling?
4.) In a letter to his investors, Gabe Plotkin literally says “I am sorry. I got this one wrong. I made a mistake. I apologize…” https://twitter.com/LJMoynihan/status/1518331429209395200?s=20&t=uq4jK-GF461gv-pL2tidoA
5.) Melvin Capital is under investigation by the DOJ for abusive short selling.
6.) Gabe Plotkin literally admitted in court that they had been shorting GME for the last 6 years. https://docs.house.gov/meetings/BA/BA00/20210218/111207/HHRG-117-BA00-Wstate-PlotkinG-20210218.pdf
7.) Gabe Plotkin publicly discussed how their bread and butter was short selling. How in the hell do you blow away 40% of your massive fund in a bear market when your bread and butter is short selling? Unless you just so happened to be taking part in illegal naked short selling & cellar boxing, that went sideways and turned into an idiosyncratic risk?
8.) Why are you shilling for a scummy, Cabal hedgefund, that has helped drive American companies into the ground (cellar boxing), destroying countless jobs, for their own profit?
Shorts never covered or closed.
That’s 100% a crock of shit.
Which hedge fund are you interning for?
My own.
Yep. I remember back in January 2021 on GAW, where a lot of anons were drinking the "GME to the Moon" koolaid.
I checked it out because it was interesting. Sure enough, there WAS a naked short position back then.
But it is long gone.
I said it will come back down because there is no real business there. It did, and there still isn't.
Suuuure was convenient that the company was able to do a secondary offering with those prices 10 times higher than before the big squeeze ... huh? Saved the company from going bankrupt. Funny how that works.
Now, the boiler room touts change the story to "Oh, there's still massive shorts -- even more massiverer than before -- but now they are hiding it." KEK.
As if.
Hedge funds are just shaking in their boots, wondering if their GME short position will add an extra 0.20% to the annual returns on their portfolio or not.
Meanwhile ... boiler room scammers have figured out how to use the internet. Easier than using a phone and a list of doctors to cold call.
Imagine following Q and believing almost everything is corrupt, but the stock market isn't corrupt and they can't hide short positions.
That’s why I am just wanting to get this retarded charade over with. These people have no idea of the mechanics behind what happened and can’t even bother to spell correctly.
This is all spot on man.
My favorite comment in here is the person who said “Everytime a stock splits it goes higher.”
The fuck? No. Good lord, no.
You seem to leave and then come back to post on Gamestop related posts.
Pretty weird bro.
Definitely a hedge fund intern.
His comment history... he said he worked for a 'stock broker' in the past. kek
I'm guessing he has something to lose. Otherwise, why would he care what we are doing with our money? It's so obvious.
Yeah, he's a hedgie.
Poor guy
Or, I know things you don’t.
Like how this actually works.
Do tell.
I want my fuckin' tendies.
I am ready!
Same. I want my fuggin tendies. And as soon as I get em', I'm coming for every evil fucker that has drained the life and soul from humanity for the last 100+ years.
Diamond hands until it's squozed!
Daily average traded today in first 25 minutes.
2 million shares.
Noice
Whoa!
Wait... I'm feeling another link...
Moon landing.... Stanley Kubrick.... 2001 A Space Oddysey... Monoliths... Georgia Guidestones.
What happens if I have only 1 share
You'll have 4 after the split or dividend or whatever it is.
What happens if I only have a fraction of a share?
You will have 4, and they will be worth 1/4 each what it was worth when it was 1.
Ahhhhh thank you let’s goooo
Neil Armstong never walked on the moon
Literally am smiling at how much you all are about to lose.
Is that you, Kenny mayoboi?
He legit sounds like this guy:
https://old.reddit.com/r/Superstonk/comments/vuba2z/shills_are_angry/
SHF INTERN.