If you havent seen the movie about game stop called "Dumb Money" please watch it.
The movie is a reflection on what took place during the gamestop short squeeze. In a nutshell you had Citadel who managed the order flow for RobinHood and other brokers collude with wall street hedge funds to screw over retail. The hedge funds and citadel were losing billions on their short positions in an attempt to bankrupt Game Stop.
Retailers, led by an anon who goes by Roaring Kitty noticed the large short position on GME and started to squeeze wall street. It led to a massive move in GME which was thought to be the squeeze that would end the short and wall street.
Unfortunately the brokers at the direction of Citadel disabled retail from being allowed to open new positions on GME, killing the squeeze.
Congress even investigated the events and found no wrong doing.
Now fast forward to now. Donald Trump is going to be winning back the office. He also will have a publicly traded company after his initials - $DJT on the nasdaq for Trump Media and Technology company.
Retailers who know absolutely nothing about the stock market but love Trump, will buy this stock in a frenzy just because its tied to the greatest president of our time.
I imagine a lot of shorts who have TDS will be shorting it as well, but we know our movement is greater and those shorts will be trapped. Wall street will see this as another opportunity to steal from retail and short it as well.
End result, we will see another GME with DJT stock. It will be more powerful then GME and do you really think Trump will be siding with wall street who was shorting his company? Dont think so.
Retribution is coming. We will see the real MOASS and it will take out wall street and citadel from the game they have been controlling.
We will not see another GME with DJT stock.
What made GME happen was "Naked short selling" something that is not being done to DJT stock.
Apples and Oranges.
Also, GME is not over yet. Buy DRS hodl. This is the way.
This 100000%
All their bags belong to us
🦍
Upvote for DRS your shares!
Glad someone else gets it! Where are you, u/valuefuckingdeep?!
He commented down below
Yeah, and he laughed at me 😢
Not sure if you're being sarcastic, but he's a great person and likes you!
I like the stock. Not going anywhere. Purple ring, MFers. Eat shit mayo boy.
I finally was able to start my transfers to CS to DRS my shares, but now reddit is all talk about having to "book" shares now... Wtf, it took 2 fuckin years for my account to be corrected and to send shares to, is there another fkin step I have to do to them?
Just FYI, it has been preached for a long time to have them in Book and not Plan. RC gave comms via "Book King" message.
Also superstonk is compromised, I don't even go there anymore.
Agreed. He steered everyone towards Book for a reason.
Puts out children's books to insert comms in them. 100% Q operation.
Yes if you're buying through CS and end up with fractional shares. If you're DRSing from a broker and only have full shares, I'm pretty sure you're good. Basically, you don't want to be in the plan.
Ok good to know.
Literally last night my whole shares from wells Fargo actually showed up in CS and they are under book. New word appeared on my portfolio after these shares dropped. So looks like I'm good! Thanks. I do have 3.8 plan shares, but that was just me trying to open a CS account, so meh. But glad I finally got half my gme to book. Finally have a purple circle after years of them fuckin up
If you sent shares they are automatically book.
The ones you buy thru computershare are plan shares. And occasionally have to be moved to book.
Ok gotcha. Literally last night CS acct showed 3.8 plan shares and a shitload more "book" shares that finally xfered from wells Fargo, so I'm purple circle finally, thanks!