DTC instructed brokers this GameStop was a split NOT a dividend! (BIG difference! One splits shares the other receives NEW shares) They didn't have enough shares to distribute! This is HUGE! MASSIVE FRAUD by the regulating agency! MILLIONS of shares are owed to investors on brokers in the US and overseas. This is like your government job paying you in counterfeit bills.
This is the end of the DTC and current stock market system. Blockchain stock system coming soon! Financial revolution! MSM Silent.
The financial arm of the plan is becoming clear!
No. You guys do not understand how the system works.
IF there is a massive naked short position out there (I do not believe there is, but let's just say if ...), then there are NO "synthetic long shares" out there in brokerage accounts to offset the naked shorts.
Such "fake long shares" would not exist in your brokerage account OR in the hedge funds' brokerage accounts. The brokers wouldn't know anything about the naked shorts.
The naked shorts are CREATED (from nothing, just like the Federal Reserve does) by the PRIME BROKERS (Goldman Sachs, JPM, etc.) and held ON THEIR OWN BOOKS.
It would be the same exact scam as what the Federal Reserve does, but by the prime brokers. Nobody else would even know.
The prime brokers are the ones who make money from lending shares (real or imaginary), and they would be the ones on the hook, and forced to unwind.
They would be easily able to do it, IMO, and Goldman Sachs, being also a bank, could just borrow from the Federal Reserve.
The Superstonk board is full of shit.
Notice, there is no SAUCE by the OP. Just a claim made, with nothing to back it up.
The 'synthetic longs' are from the 'infinite liquidity' that they brag about. It's essentially a share printer and they have definitely oversold the stock.
When SHTF there will be a large amount of oversold longs, naked shorts, swaps, and tons of other illegal activities.
Just like every other deep state scam (election fraud, vaccines, war mongering, etc). They cheat and over leverage themselves in a bunch of different ways.
Time will tell how it plays out but I expect it to be exciting and profitable for retail and the world to be a better place for everyone else.
r/Superstonk is full of SAUCE. I appreciate a controversial opinion but u/MAG768720 is just shilling FUD on every GME post.
That is an oxymoron. You can't have an "oversold" long. That would be a sell.
Not shilling. Putting up real facts that almost nobody here will make an effort to refute (I think one person actually responded to the substance of my posts on GME, and everyone else resorts to ... RACIST!!! ... or the stupid equivalent ad hominem).
I was right in January 2021, here on GME.
I have been right so far in 2022.
I was right about the split doing nothing to help the longs.
You guys might turn out right in the long run ... but I doubt it.
Superstonk is just a stock tout site, with a lot of what-if's and maybe-super-secret-bad-stuff-happening with no REAL substance. Most of you just believe the hype and bullshit and ASSUME that the bullshit means something.
A legit counter opinion is not a "shill," it is a counter opinion.
So ... umm ... excuse me, but ... fuck you.
Think of it like airline tickets. There is a finite number of seats. Airlines sell more tickets than seats all the time. When they get caught they are forced to pay over market price to buy that seat back.
If you believe in the cause and want to participate in bringing down the financial arm of the deep state and profit from it then buy, DRS, and hold.
If you don't believe in the cause then do nothing or if you are over confident then short or buy puts.
Legit counter opinions are great but the last thing anyone needs is another snopes or facebook fact checker.
Pointing out that you and others are touting complete bullshit, so that other people who read it can consider a different perspective, has nothing at all to do with anything you wrote.
You have zero substance.
Going back to my post that you originally responded to, if you do not understand the role of prime brokers and naked shorting, then you really have no idea what the fuck is or is not going on with GME.