Inverse Cramer: this tells me the GameStop theory is true. Are we about to see fireworks?
(media.greatawakening.win)
🐸 OK, CRAMER! 🏳️⚧️
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So hodl then?
If the people I was bitter at were holding a losing position I would shut the hell up and smugly let things unfold. The one thing I wouldn’t do is desperately mock them in an attempt to get them sell off their position.
What if he knows you'll think like that and is playing 4d chess?? /s
Ha I know you’re being sarcastic, but Cramer is a troll who has no concern for how well his viewers do.
I put $500 dollars in and am willing to ride that down to zero if need be, on the oft chance that it can play a small part in reforming the system. It is what it is and there’s nothing he or anyone can say to get me to change my position at this point.
That’s exactly what happened.
The "messies" become the "messers".
He knows he's not going to sway apes. He's targeting the normies who still listen to him.
Time to DOUBLE DOWN!
Whatever KRAMMER sez, do the opposite. You WILL make BANK!
🤣🤪
But, I'm not a stock player or anything and I apologize if this is a retarded question.
But if there is only a limited amount of shares and way past that number have been sold how do you know you're holding legit ones? And how would it work out if you went to cash them in, only to find the number of legit shares have been paid out already and they are not bound to pay out past that original number?
I thought the big incentive to buy GME was because was a inexpensive way for the little guy to put a hurt or possibly bankrupt the crooked hedge funds that were attempting to short the company and make big bank.
I hoping you guys that have some are going to profit immensely, I'm just trying to understand it :)
You can direct register your shares with whatever company’s transfer agent. In this case ComputerShare is GameStop’s transfer agent and they provide GameStop with the ledger of share holders.
Currently 160k people own ~50% of the available shares on the market, not including institutions shares.
This is what they call a pro gamer move.
Ooooo. Thank you very much.
If you DRS your shares and a squeeze happens, the delay in selling DRS'd shares could make you miss the highs of the squeeze.
Superstonk blasts anybody who questions DRS as fud. Personally, I have to question such an undisputed narrative allowed on Reddit. Every time I wander over there the sub is filled with DRS threads. I mean... it's Reddit for one and WSB was completely infiltrated over night... So I'm inclined to consider that DRS is beneficial to hedgies and powers that be with vested interest. That said... I suspect there are no shortage of investors who care fuck all for the money and are simply in for the cause. I haven't seen a counterargument to DRS benefit in exposing synthetic shares.
The real play with DRS is that it removes shares from the DTCC and brokers, which tightens the availability, and then of course once all shares are registered with the transfer agent, it will be locked and totally obvious if shares are still being traded on the market, and possibly trigger a recall from the DTCC. Then be fireworks.
Totally get that and have yet to see anyone refute. I'm just curious why Reddit/controlled opposition mods don't censor the fuck out of it. To the contrary, it's plastered all over SS. To be clear, I have zero evidence to support the notion of DRS being psy-op or detrimental to the movement. Just can't help but inquire... since when did globo not censor, shadow-ban, redirect, etc. absolutely anything that (by all accounts in this case) seems to threaten their power structure? Particularly if GME is at least in part a white hat involved phenomenon.
None of us knows really what will happen but DRSing shares will at a minimum shine a light on the corruption.
Speculation is that GameStop will pull it's shares from the NYSE and move all of its owners to its own nft based exchange citing proof of manipulation using synthetic shares. A lot of companies have problems with similar price manipulation and they might also jump ship and follow.
Man I hope so :). Thank you for that explanation, makes sense. I can't wait to see what happens :)
Valid,question about the excess shares and we don't really know the answer. We will find out here real quick
My divident share have shown in my computershare acc. And my e-trade acc. My cost bases is adjusted down,still showing the old price. I'm up over 125k,but it's expected to go back down on open tomorrow.
Still it's a lot of fun to look at.
Expect massive fukery tomorrow,everyone be on alert.
Well, no. You’re down 15ish percent the last few days because your “hodling” a shit company.
Lol the fundamentals are great,my gme is better than the rest of the market ytd.
FUNDAMENTALS?
You don’t know what the word means,
That's all you have?
Weak shills today.
Buy more and hodl - diamond hands
I love diamond hands! That's why I shimmerscale!
Stonks
Has the ship sailed? I keep reading that the 18th was the last day to take advantage of the split. Or that we would have to wait til the 22nd or something.
I have a $500 credit with TD Ameritrade, may as well spend it on GME to get in on this.
But am I too late?
You will miss the split, but who cares. That's pennies compared to what you'll make on simply owning stocks...
Got it thanks!
Edit: even if I’m only buying $500 worth, which is about 3 shares?
Wait until later this week and you can buy 3 times more shares for the same price.
thank you! 🙏💁♀️
No! If you buy now you'll buy the right for the split off the seller. Otherwise the price would have dropped, not went up - post-18th just means that you'll get your split shares a few days later than everyone else.
Thanks for that clarification!
So then after I buy through TDA, I need to register the shares with Computer Share?
Yes Direct Register them ASAP.
I don't know if TDA will automatically make a ComputerShare account for you, but you can also go to ComputerShare directly and buy from them if you link your bank account.
I checked very quickly and it appears that TDA will do a transfer, but I have to fill out a written request.
I'm thinking maybe better to buy directly from ComputerShare and use my TDA credit on something else
Do both.
You can call them to initiate the transfer, and if they try to stall it, ask to speak to their compliance officer.
I bought them directly on computer share. I have like 3 in robinhood from way back when, and 5 on computers share.
Yup
As long as you buy on Thursday the latest, YOU WILL get the dividend split
Interesting - I just made a purchase through computer share. I'm getting this message:
Seems like they're placing a one week hold on my buy?
Sorry, I'm totally new to this... 😬
Yes a new account needs to be verified and 3 days to transfer. One problem with computershare is your not sure of the price,it may go up or down in 3 days.
NO. THE EX DATE WAS YESTERDAY.
Oh well. I just bought the equivalent of 10 shares.
And based on the confirmation screen that I shared above, the purchase may not actually go through until next week.
You’re now down 15% based on advice from some jackasses in this thread. Lovely.
Some fucking toolbox asked me a few weeks back why I posted so much on this subject in particular, and accused me me of being a “shill”.
I posted because the thought process was wrong since the initial hit. It’s been a shit show since. GameStop ITSELF took advantage and sold MORE SHARES in s secondary offering which actually HURT the “cause” because more shares were then available.
This is a FAILING company. I was ALWAYS going to be right.
They played you.
Actually I’m not down at all. My direct stock purchase hasn’t gone through yet.
There’s a about a week delay before purchase and settlement dates are finalized when buying through Computershare.
And actually, because stock price is determined by those dates, I’ll get more shares than I originally anticipated because the the price of GME is down since the split.
So it is, in fact, lovely! 💁♀️
It was also always my intention to buy and hold. I’m in this for the long term.
I’m not sure why you’re so angry about this, or why you’re taking other people’s individual investment decisions so personally?
I didn’t get played.
I didn’t invest more than I was willing to part with, and potentially lose. But… ok, sure 🤷♀️
The shares won't be distributed till Friday at open you can buy tomorrow and Thursday and still get the split.
You can also wait till Friday and price will be 1/4 the price of Thursday's close. Till it isn't..........
Will I miss the split if I wait until Friday?
Yes but the price will be 1/4 what it is today so you can just buy four shares and it will be the same cost as buying one tomorrow or Thursday.
If the purchase doesn't go through in time you will miss the split,but buy at a much lower price.
It's kind of a wash.
So I may in fact end up with 20 shares instead of the 10 I bought today if the stock price is halved by the time my purchase is settled.
Either way, I'm just going to look at this as a long term investment. And maybe buy a couple extra from TDA tomorrow to get in on the split.
I have no idea what I'm doing but this is fun 😆🤦♀️
You already have. Ex date was yesterday.
Record date was yesterday. The broker will provide the extra shares.
My purchase order was today, but it’s showing my purchase date as 7/25 and settlement date as 7/27
That means I miss it, right?
Amazon had a 1:20 and while it went up a bit after that, it came back way down anyway.
If you miss the split you can still buy shares at the split cost assuming you get an order in early after split or risk waiting a bit for an initial buy in to correct. But who knows, lol.
Dave Portnoy enters chat
Dave is good for pizza reviews and thats it.
Pizza? 🤔
Eh..Idk I enjoy his rating on the pies. If hes involved then he can leave as well.
and fucking with the professional sportsball leagues
💎 🙌🏽
Yes
Always!
hodl hard....cant wait for thursday
I'm with you. May have my shares put in my coffin
I saw on here the other day that we should all buy at least one share of GME. But that we had to do it before the 18th in order to get in on the split something or other. Is it obvious yet that I know nothing about investing?? So that day, on the 17th, I opened an E-Trade account and put a little money in it. Since that was a weekend the money took a day to transfer from the bank. Is it too late to buy now?
Forget the split, all that does is drop the price per share by 4. Just buy some shares and hold them until the price looks like a phone number
Or wait until the split and buy 4 shares then.
I’ve read conflicting things, but we’re in the same boat. I read about it early Monday morning and purchased two shares via TD Ameritrade. I believe we’re safe and will receive the extra shares. The thing I’m still uncertain about is if we need to direct register by Thursday.
I know absolutely nothing and when I tried to buy my share on E-Trade it said I didn't have enough money. Which makes no sense because I'm clearly looking at my balance and it's plenty enough. I'm wondering if it has anything to do with the bank transfer taking longer?
Possibly so. I officially own two shares now, so we’ll see what happens. Either way, I’ll own at least two shares.
Damnit. I just read some more on the E-Trade site, which is like reading Swahili to me, and apparently I have to wait until tomorrow to be able to buy, something about the bank transfer needing time to go through.
You're good. If there was a cut-off day where suddenly bought shares wouldn't get the right to the split shares, then the price would have dropped at least 50%.
All it means is that you'll have to wait a couple days for the split shares to be sent to you from whoever sold you the original.
You can still buy,the company you buy from will have to give you the additional shares later.
Cost us nothing to hodl,cost them a shitload everyday to borrow and short......
You understand that when a stock goes worthless someone is left holding the bag.
Literally every time.
Tell me you haven't read any DD without telling me you haven't read any DD.
This isn't just any old stock. Manipulators got caught holding the bag and we are at the precipice of a stand-off.
What is DD?
Due diligence...go to r/superstonk and learn up
Multiple week's worth of research - https://fliphtml5.com/bookcase/kosyg
ty!
ty!
Never going to happen. Gamestop is debt free, and has about a billion in cash sitting there. The company ain't going anywhere
They are about the only company with zero debt,and 1.5 billion in the bank. With interest rates rising this will kill every company with debt.
Like when the hedge fucks short companies into bankruptcy with shareholders holding the bag?
That’s a lagging indicator. Every company has short interest. Not every company is worthless.
I love that some of you are so damaged you cannot see the obvious.
Hedgie fuck or ignorant shill
Hedge fuck
Nope. Just smarter than you.
You havent done the research..its obvious.
Good luck in life smart man.
Down 7% the first day trading post split.
But who knows? Maybe it’s possible minds much smarter than you and I were just waiting around for an accounting move to somehow take them out?
Nice taunt.. this war isnt over.
I have, but don’t worry. None of you have anything real in the game anyway.
Let me e plain it to you this way: Anyone who was to stuck to be able to get unstuck, you already know about them. It’s baked in.
Anyone who maybe isn’t quite unstuck is 5 to 10 steps ahead of you, and are actually most likely using you to get unstuck.
Hint: DRS was always the wrong move.
Hint Number Two: How do you dodge a bullet?
SO ANYWAYS I bought more GME.
LOL
Losses? I dropped around 20k on GME back when it was $45. LOL!!!!!
Still HODLing!!!
damn son....nice job
Well done i picked up about 20 at the price,with my free govt money. First stock purchases I ever made,I figured I couldn't lose with free money.
Now I have xxx in computershare and xxx at by brokerage.
That's gonna be fuck-you money when we moon.
Nice!
Sadly I cannot :( Half mine are IRA, half are in wells Fargo and it seems impossible to drs from there, and I tried xfering them to fidelity, but that failed too, and it seems fidelity stopped DRSing, so I'm out of luck
You should be able to transfer to Fidelity. Wells Fargo can’t deny moving stock brokers.
Secondly, ask for a compliance officer with Fidelity and then that person will help you DRS.
I tried their auto xfer via login on fidelity, and the 2nd method. Both failed so I gave up. It wasnt like wells was holding my stocks hostage fidelity just sucked.
That's not good
Nope! But a good percentage!
I DRS 2/3 last september.
Nice work. Keep those diamond hands!
If he was intending to encourage me to keep buying, it is working.
Shill.
What a deep state fuck he turned out to be, to think I watched him for a time, prob been a fuck his whole career
Yup, his job is to convince chumps to hold the bag.
Right!
Now THINK THAT THROUGH.
WHO WOULD BE CONVINCED TO HOLD BY DOING THE OPPOSITE OF WHAT HE SAYS?
Over 48% of float is locked! https://www.computershared.net/
Care to explain more? Thanks
Basically we are buying and the important part is registering our shares. The hedge funds have shorted the stock over 200% and have to buy back the borrowed shares. Once we have the float locked and we don’t sell, the price will rise dramatically. Start reading Reddit/superstonk for much more info. We are talking about generational wealth.
Thanks I won’t ask you all my questions I will do more research but when does. The float lock?
Unknown when float locks, here’s a good couple of links to start: https://www.reddit.com/r/Superstonk/comments/njwv6n/the_gme_masters_guide_a_dd_campaign_for_apes/ https://fliphtml5.com/bookcase/kosyg
We are also in the middle of a stock split in the form of a dividend, giving 3 additional stocks to the one you own. It’s a 4 for 1 split, if you own 1 stock, you will get 3 more and end up with 4. They will be worth 1/4 the current cost. But when the price is 1/4 of what it is now, more people will buy.
when HF stop manipulation. TBH. it's been locked for a year. the thing you see is Computershare numbers. Brokers hold some share to justify issuing shorts shares. large companies hold a bunch. the importance of Computer share numbers is those are the shares 100% accounted for and taken out of the pool that can shorted. if you have your shares in fidelity or wherever... those are IOU shares and they can just sell them without your permission. it's in the fine print. there is a lot going on that will take some reading to understand. so what's going to happen is split div, stock jump, fail safes kick in, IOU sold, stock drops, then short sellers run for the door, MOASS. and shorts left will be washing cars at stop lights.
If I bought one share directly computershare.com Can they sell my shares?
no. it cost money to trade in Computer Share and it takes a few days.
these same day trading brokerages float the shares then have a few days to settle the books. this floating causes failed to delivers because they sometimes over stretch and don't balance the books in time. you as a consumer don't realize this till they punish you or restrict a feature for something you did.
So someone told me to buy it directly, now what should I do? I am still waiting for instructions to register it.
It costs money to move Compushare Shares and time is an issue.
That’s quite alarming, actually.
What if I want to get out right now market price at this moment?
Yes,no problem,we have tested it allready,no charge. You can also transfer them back to your brokerage I belive.
I do not have a brokerage I am glad though. I am very very poor. I am just a simple person who bought one share in computershare.com and I am waiting for instructions to create the account there and then register it to DRS GME. That is all.
I bought thru fidelity, I called and told them I wanted to register with computershare and they did it. You can also message their help desk and they will do it, I have done it both ways. If your shares are in an ira, they will need to tax you for withdrawing. Not sure about other brokers, but, superstonk has info on them.
How hard is it to start a Fidelity account?
Easy and they were giving away money to start one for your kids. Not sure if that’s still happening. Go to fidelity.com and check it out. You can call and see if they have any offers now or how to open an account.
5 minutes,if you want to move the funds fast,wire the money from your bank,takes about an hour vs. 3 days to link your bank acc.
Took me like 5 mins.
What if they are held in my 401k?
Depends on your company, I could only buy Mutual’s or bonds when working, after I retired, I moved the 401k to an ira, then I could buy anything. Easy, fidelity will do for you.
I will do it there.
Fidelity is the easiest, but this guide explains how to do it for a variety of brokerages:
Direct Register with ComputerShare
EDIT: Here are more instructions for other brokers. Direct Register
https://www.drsgme.org/
I don't have much money but i will be dumping all i can in it when it drops again.
Buy in after the split/dividend on Friday. The price will be 1/4 of what it is now, as a 4:1 split will take place after hours on Thursday. You can buy 4 for the price of 1.
Is it true not to buy til after the 22nd due to the stock split? Or should I buy now
Don’t know, I’d wait, superstonk says you can still buy and get the split, but gamestock says if you own on the day of record (July 18th) you are eligible for the split. You can call investor relations at GameStop and they might know. Split is on the 21st and I’m not an investment advisor at all.
Superstonk is wrong. The EX date is today. Today it trades minus the dividend
Is there anything we can do to prevent fuckery? I bought some shares with quest trade, but I’m worried they’ll sell them off on us like robin hood did.
Basically, the more of the float we lock in (registering real shares from the available pool to our names) the smaller the pool for them to print fake ones becomes. Once we have 100% of the float locked down they have no pool to print fake shares from, which means that any and all trading from that point on is exposed as completely synthetic or fraudulent. Even if we don't get to 100% registration of real shares, the smaller we can make the pool of real shares the better. There are many catalysts coming and the Hedgies R fuk'd!
Gamestop has $100 million for a stock buyback.
Imagine believing in Jim Cramer
KEK. Sounds like Gorilla Channel. I like when they hit each other.
He's a shill for the hedge fuks masquerading as a financial advisor for the people.
He was a Hedge Fund manager. he joked about how he manipulated stocks. he then took his money and started a trading show. he would be right 70% of the time. the other 30% where massive HF attacks to drain money out the system. he runs cover for his buddies. whenever a massive crash comes or something, he pumps the stock to his audience. then his rich buddies leave with a profit and his audience is broke. he is well paid by the his friends to do this. these animals will give crumbs up then rob the bakery.
Most people know to inverse kramer.
Excellent REMARK!
THEY know that. You are hearing what you are meant to hear.
Thanks for letting me know I need to buy MORE.
MOAR
Cramer's a scammer. Nothing more.
I'm not on Twitter but, if I were, I'd tell Cramer to shove his advice up his ass and post a link to a inverse-Cramer board.
...panic out in the open, cramer is a [ DS ] [ banking cabal ] shill, do exactly the opposite of what he spews, remember, he works for golden slacks
What about bear stearns? lol https://youtu.be/V9EbPxTm5_s
I finally bought some last night for the first time ever.
Just bought another GME 💎🙌🏻🐶🚀🌙
Yes, the wealth stolen by wall street is going to be given back via wall street
Stock split imminent, new NFT marketplace just launched and surpassed Coinbase easily in just the beta stage, company has 1 billion in cash and no debt and positioned to be a leader in the coming Web3 revolution, but I better sell now cause Cramer said so
And $100 million for a stock buyback.
Back when I was in the field Cramer seemed like the dumbest thing going to me. Totally laughable.
Interesting to revisit him many years later and realize he was far more sinister than I imagined. Not just a grifter - a DS asset.
YES!
Does he think we look at this Twitter and would even see that? He's on no way relevant to my trading or investing decisions. His record is horrible.
This guy is such garbage.
And in jail
Selling speculating on corrupt stock futures aka "a real job".
Lol, what a child. The funny part is that he thinks any of us give a fuck about his opinion on GME or us. Time for blast off. I suspect the shorts will be called upon the actual split and there will be no resistance left. Invest at your own risk.
man, I hope so
they are going to let it fly a bit. then knee cap it. if enough people hold, Jim Cramer is going to be living on the streets.
this is the guy who's wrong about everything important right? thanks to you stockanons i've been taking my personal business to gamestop as much as i can.
Someone like this would be perfectly comfortable letting people lose their shirts on any other stock. This speaks volumes on the whole issue: The apes are causing pain.
Exactly it’s like how in the world could you be more obvious hello?
We all have jobs. That’s how we keep buying shares. Get off the coke. Drugs are bad, mkay?
And did you finish that TPS report, may need to come in on Saturday, mkay?
I am sure this has been mentioned, but I think Jim Cramer has a short in GameStop. Let's make him famous.
Kramer being a bitch about GME makes me want to buy it even more.
No one even talks about this clown,except when he says something stupid like this.
Narcissistic coke rat.
I cant speak for this specific stock but I hear a massive market crash is coming later this year. That's when I'm buying
GME will rocket when market crashes. Just FYI
Some indexes are down 35% is that a crash?
No it will get worse,for normal stonks, gme and others should reverse the market.....
Sound like little Jimmy is kinda upset & scared he might be losing MILLIONS!
BUY MOAR!!!
I can't wait to sue him all the time for what he does when i have millions and can hire based patriot lawyers on salary.