I have only loosely followed this story, and this is asked out of curiosity: what's different this time, from all the other times? I've been watching and waiting for the GameStop situation to bubble over, but it seems to keep getting kicked down the road.
How will the MOASS eventually unfold, and why should it happen tomorrow?
Nunes/$DJT putting illegal short sellers on notice for possible RICO violations is heating up and needs eyes on. He already named Citadel (Ken Griffin), and yesterday he named Apex Clearing (They are responsible for forcing brokers to turn off the buy button for GME).
The GME/DJT streams are starting to cross. The illegal short sellers being named by Nunes are the same ones that are involved with GME.
the management of Trump Media, last month, began waging war on the short sellers.
The first step was asking regulators at Nasdaq to step in to prevent “naked” short sales, calling that “potential market manipulation,” despite the fact that it reported revenues of just $4.1 million last year. Days later, it sent a letter to the heads of various committees at the U.S. House of Representatives, repeating those claims. And on Thursday, it urged several House committee chairmen to investigate eight financial firms for their activities.
Initially, Trump Media made fairly broad accusations of naked short selling without naming names. On Thursday, it made some direct accusations. CEO Devin Nunes, a former Republican member of Congress, asked top House Republicans to seek documents and testimony from eight financial firms: Apex Clearing, Clear Street, Cobra Trading, Cowen and Company, Curvature Securities, StoneX Securities, TradePro, and Velocity Clearing. So far, the House Judiciary, Ways and Means, Financial Services, and Oversight and Reform chairs have not publicly responded to the letter.
Hi allmostthere, do you have shares? I do have some, I have been waiting for the moass for years, glad to hear some news about. Do you think will be tomorrow?
This is the first time this story starts to make some sense AND the price action looks like it could be confirming the story.
The OP video was about 2021, not about now. He was worried back then, not talking about the current situation.
HOWEVER ...
Ever since Trump came out and put the naked short sellers on notice, DJT has been rallying (for no apparent reason other than Trump's threat of legal action), and GME started rallying shortly thereafter (on no obvious news).
Yesterday, for the first time in a LOOOOONG time, the price broke above the long-term downtrend, and did so on a solid up day and on good volume.
That is the first time since 2021 that the price action looks bullish, combined with the threat from Trump about the naked short sellers.
I have been maybe the most skeptical and downright negative about this story (and I have been right, all the way down, as far as the stock price goes), BUT ...
If we are thinking that the Trump/Nunes moves might have an effect, wouldn't that lead other retailers to the same conclusion and bump up the price as retailers buy in more?
Notice of Filing of Complaint and Assignment; 20230930-DK-BUTTERFLY-1, Inc. F/K/A Bed Bath & Beyond Inc., Complainant, v. Evergreen Line Joint Service Agreement (FMC #011982) Consisting of Evergreen Marine Corp. (Taiwan) Ltd., Evergreen Marine (UK) Ltd., Italia Marittima SpA, Evergreen Marine (Hong Kong) Ltd., and Evergreen Marine (Singapore) Pte. Ltd., Respondents
Odd name for a company, "20230930-DK-BUTTERFLY-1, Inc." ... but what's making me tingle is the EVERGREEN respondents. Where have we heard Evergreen before?? Or rather, where haven't we heard it, at this point lol.
I don’t know about “tomorrow” or whatever, but back when they first drove the price from ~300 to ~40 or so in a day, the speculation was that $40 was the lowest they could drive it down to, that for some reason that’s the barrier.
The lowest price in the past couple weeks has been about $10, or $40 pre split. So we are at an interesting price right now. Regardless of MOASS or what happens next, this is a historically pivotal price.
And I’ve got ~4000 GME shares now, so I’m watching,
Company has 1 billion in cash and does 5 billion in revenue but somehow is worth 3 billion after turnaround to become profitable? Company will explode eventually stock price wise just based on fundamentals without squeeze stuff.
I have only loosely followed this story, and this is asked out of curiosity: what's different this time, from all the other times? I've been watching and waiting for the GameStop situation to bubble over, but it seems to keep getting kicked down the road.
How will the MOASS eventually unfold, and why should it happen tomorrow?
Nunes/$DJT putting illegal short sellers on notice for possible RICO violations is heating up and needs eyes on. He already named Citadel (Ken Griffin), and yesterday he named Apex Clearing (They are responsible for forcing brokers to turn off the buy button for GME).
The GME/DJT streams are starting to cross. The illegal short sellers being named by Nunes are the same ones that are involved with GME.
Apex Clearing was run by a Tricia Rothschild. There isnt any publicly available link to the infamous Rothschild family, but she certainly has similar facial features (droopy eyelids and large gums). https://old.reddit.com/r/Superstonk/comments/sr00gb/vlad_told_us_president_of_the_clearing_firm_made/
Video of Nunes putting illegal (naked) short sellers on notice:
https://rumble.com/v4rrq4f-devin-nunes-calls-on-congress-to-investigate-potential-djt-stock-manipulati.html
The pathetic response from Ken Griffin after being named by Nunes:
https://fortune.com/2024/04/22/ken-griffin-citadel-devin-nunes-truth-social-loser/
Hi allmostthere, do you have shares? I do have some, I have been waiting for the moass for years, glad to hear some news about. Do you think will be tomorrow?
MOASS is always tomorrow. Hold
I've held so long I forgot I was holding.
Of course. I am faithful to the cause, no way I will sell. These evildoers can go the hell.
This is the first time this story starts to make some sense AND the price action looks like it could be confirming the story.
The OP video was about 2021, not about now. He was worried back then, not talking about the current situation.
HOWEVER ...
Ever since Trump came out and put the naked short sellers on notice, DJT has been rallying (for no apparent reason other than Trump's threat of legal action), and GME started rallying shortly thereafter (on no obvious news).
Yesterday, for the first time in a LOOOOONG time, the price broke above the long-term downtrend, and did so on a solid up day and on good volume.
That is the first time since 2021 that the price action looks bullish, combined with the threat from Trump about the naked short sellers.
I have been maybe the most skeptical and downright negative about this story (and I have been right, all the way down, as far as the stock price goes), BUT ...
I will be looking to buy some on a pullback.
Good luck, everyone.
Diamond hands, baby! Diamond hands!
Do you think youre the only misinformed blowhard thats probably buying GME everytime it jumps up like this?
You would have to be completely 100% actual retarded not too I guess.
If you bought and held all the way down, YOU would be the retard.
I have been skeptical all the way down, and I was right.
I posted this because things FINALLY started turning bullish.
And what do you know? Right after I posted this, GME shot up a lot more.
TLDR: Fuck off.
If we are thinking that the Trump/Nunes moves might have an effect, wouldn't that lead other retailers to the same conclusion and bump up the price as retailers buy in more?
Like changing the definition of a Vaccine. They don't follow the rules , they make them.
Or if you prefer ; You can not win a crooked / rigged game. The best you can do is refuse to play.
Swamp ' m with buying.
Bobby fraud settlement will kick off the MOASS.
Apes will buy a double shitload of GME.
https://www.reddit.com/r/Teddy/comments/1cik7lf/the_fraud_lawsuit_against_former_dosjpm/
https://www.reddit.com/r/Teddy/comments/1ci72nh/bbby_represented_by_michael_goldberg_files/
Interesting ...
Odd name for a company, "20230930-DK-BUTTERFLY-1, Inc." ... but what's making me tingle is the EVERGREEN respondents. Where have we heard Evergreen before?? Or rather, where haven't we heard it, at this point lol.
Can't fucking wait to throw my BBBY money into GME. All of it, fuck taxes for now!
What the hell are taxes?
The government openly states that they tax things they want to discourage.
They tax income, therefore….
The time of repentance grows short, feds.
Interesting
I don’t know about “tomorrow” or whatever, but back when they first drove the price from ~300 to ~40 or so in a day, the speculation was that $40 was the lowest they could drive it down to, that for some reason that’s the barrier.
The lowest price in the past couple weeks has been about $10, or $40 pre split. So we are at an interesting price right now. Regardless of MOASS or what happens next, this is a historically pivotal price.
And I’ve got ~4000 GME shares now, so I’m watching,
Company has 1 billion in cash and does 5 billion in revenue but somehow is worth 3 billion after turnaround to become profitable? Company will explode eventually stock price wise just based on fundamentals without squeeze stuff.