Even CNBC's "Top Earners" list of yesterday:
TSLA +17.63(+11%)
AXP +16.43(+10.54%)
LHX +15.56(+7.92%)
None of those tickers on their list beat $GME yesterday.
Up 14% yesterday, yet 64% short volume yesterday. That is rare if not unheard of honestly.
There's no news stories to explain it. I wonder why? Would people would begin asking hard questions? They don't want you to know about GME for some strange reason.
If they did write an article they'd throw the usual "buy pressure from retail", or even suggesting some kind of imaginary coordinated action. When we all know that retail hardly has any impact on the price because Citadel internalizes most retail buys through their OTCs. There's no real price discovery. If there were, this would have ended long ago.
But 100 articles would be out the second GME drops 0.05%.
Part of GameStop new business model is NFTs. All news media are like NFT is stupid and has no real use! YET.. now Amazon announced they are going to start doing NFTs.
Wonder why Trump and Melania released NFTs, they seem to be pointing at something. Wonder what company that could be?
Wall Street is corrupt and markets are manipulated. GME is the one idiosyncratic risk stock that threatens to expose and destroy the corrupt Wall Street that the cabal uses to siphon the money out of us poors.
A list of Wall Street / hedge funds HFT algorithms:
High-Frequency Trading (HT) algorithms: These use high-speed computer systems and complex mathematical models to execute trades at very high speeds.
Statistical Arbitrage algorithms: These use statistical analysis and machine learning techniques to identify and profit from pricing inefficiencies in the market.
Market Making algorithms: These use mathematical models to determine the best prices at which to buy and sell securities, and to maintain a profitable spread between the bid and ask prices.
Algorithmic Portfolio Management: These use mathematical models to optimize a portfolio of assets to maximize returns while minimizing risk.
Trend-Following algorithms: These use historical market data and technical analysis to identify trends in the market and make trades accordingly.
News-Based Trading Algorithm: These use natural language processing and machine learning algorithms to analyze news articles and social media feeds to identify events that may impact the market.
Execution Algorithm: These are used to route and execute trades on multiple venues to achieve best execution results for the trader.
Risk Management Algorithm: These are used to help manage risk by adjusting trade size and position based on market conditions.
All of this can be solved by one simple trick: DRS and Book your shares.
Very true,I also had a penny stock popping up AIAD the same time and percentage. Looks to me like they shorted a bunch of companies right before the pandemic. The shorts were hidden in swaps and they now are expiring. A lot of gme holder are buying BBBY as it looks to be an identical situation.
r/bbby and r/superstonk for more info.
Edit for link. https://old.reddit.com/r/BBBY/comments/10nizcc/the_start_of_the_swaps_packaging_meme_stocks_up/
Gamestop is going to moon. Buy GME, Hodl, DRS & book those shares! 🍌🦍💎🙌🏼🚀🌝🪐🌌💥
I've got 8 so far. DRS 4, got the paper in the mail but still gotta do the phonecall
This is the way to think things through. Assume you don't know everything, but that there's still a reason for everything
Some of my post is theory like Trump and his NFTs. A lot of is fact based coming from the genius researchers on super stonk
Copy/paste of a comment I read on r/BBBY this morning….
BBBY has been tokenized. My assumption is by a short. The interesting part this time is that it's traded from a hardware wallet. Others (GME, MSFT, TSLA...) were traded publicly on multiple centralized exchanges (CEX) until FTX imploded. The ones that still trade, trade on decentralized exchanges (DEX). The rest are gone (example: TSLA which is now pumping on the stock market). I'll be digging into this further over the weekend. I'll make a more detailed post than this. Hopefully, this makes enough sense for now.
Tokenized like they did to GME.
To the moon!
I like your thinking anon.....like it a lot. Waiting a settle at CS on Monday hopefully....going into the book column...
So still no MOASS.
Got it. Much ado about nothing, per usual with the GME/BBBY crew. Still hilarious.
What you saw was short covering, which created a squeeze, but in no way was too the moon, and depending on what your goals are selling into that makes perfect sense. If it didn’t, nobody would have. No buys would have happened. No sells would have happened.
What you have been witnessing with GME and BBBY (BBBY much quicker) is the process of creating bag holders. Dummies are necessary, and good lord there are a a lot of you.
Shorts never closed. Period. Plus, if govt interferes in MOASS, GameStop is positioning to be highly profitable. Watch and see.
Shorts have opened and closed 1,000,000 times over at this point. Easily. The more you people rant the more you show you have absolutely no idea whatsoever how the market works, both the mechanics and the politics.
I have lost my ass on gme. One good day and I’m still in the negative. It’s not time for celebration just because of one positive day.
You seem to be a short term investor and you don't seem interested in the corruption surrounding GME and the market as a whole. This post is NOT about short term gains. This is about exposing the corrupt market and a mother of all short squeezes (if the govt doesn't interfere).
This is probably a stupid question but what does book your shares mean? I have DRS'd my shares but I haven't done anything else but hold...
Great question. In computer share you can have “plan” or “booked”
Book is what you want if it’s not already in it.
I can send you a link later if you’d like a reason why
That would be great. Thank you.
Also here are instructions if your shares in "plan" to switch to "book"
https://www.reddit.com/r/Superstonk/comments/rozpfd/computershare_step_by_step_instructions_to_change/
Thank you for your time and for these links! I will check that my shares are 'booked' immediately.
There's a lot more posted but here's one:
https://old.reddit.com/r/Superstonk/comments/zj2jl1/can_some_ape_please_elisec_why_book_seems_to_be/
Book is straightforward, hold shares in your name
For Plan, a % of aggregate Plan shares are held within ComputerShare's broker in DTC, putting the shares at arms-length of DTC, and therefore could be being abused (used for locates for shorting, for one example)
Also, Chairman RC hinted at Book instead of plan.
What you have to understand is this is not really about money, per se, it’s about punishing the man, so an army was created online out of thin air to continue the idea that this could be done.
Except there are no investors of any worth interested in “hodling”. (They even made up a term that has no meaning in real language, because it’s cute and makes the new holders feel like they are in on something.)
They ARE in on something, it’s just not what they think. Absent 1 or 2 to buy millions you need millions to buy 1 or 2. (Ultra simplified for illustration purposes.)
What you have seen is a very coordinated delivery of the bag to the little guy, lots of them. They absolutely will be the holders when GME goes bankrupt and the shares are cancelled. Hell, GME might even survive in some small way, which is hard to wrap ones mind around because they are so small and useless already, but GME shares will not survive, they will be cancelled in the proceedings. That all takes time but since that army of minions also latched on to an even more useless company in BBBY they are about to get a lesson in how that all works.
Besides there are stocks performing better at the moment and the news isn’t reporting them either. Trends are what gets reported and one day is not a trend
https://www.cnbc.com/us-market-movers/
This was Friday. Why wasn't GME listed at the top. They do report top movers each day. As well as trends. Am I talking about trends? No.