Introdasting thread on /r/superstonk.
Goes over how shorts from GameStop have potentially been being hidden not just in ETFs, but in overseas markets
Images from post:
https://files.catbox.moe/t1yzcr.png
Not once did the sec report state “investment firms closed their short position”. I find that fact very telling. Add in the recent “leakage” of data discussed in this post and it becomes even more clear shorts never closed.
"The Bank of England will hide the identities of any pension funds, insurers or hedge funds bailed out under a new financial stability tool to prevent a wider crisis engulfing the economy, Deputy Governor Dave Ramsden says." - Dec 10, 2024
https://www.fca.org.uk/investsmart/lessons-learn-gamestop-episode
"Normally, a high level of share ownership among the public is seen as a good thing. But many of these investors were novices, drawn into the media hype with little or no understanding of the risks they were taking with their money."
Unless I'm mistaken, it appears the amount listed in slide 8 is not in the QUADRILLIONS, or even QUINTILLIONS, but indeed to the SEXTILLIONS!!! (Nice.)
My brain is smooth and I wanted to clarify something about the 5.3 sextillion vs. 100 quintillion numbers. From my understanding, it’s the $100 quintillion total in equity derivatives that matters most for GME, since that’s where naked shorts and synthetic shares would show up, not the sextillion figure (which seems to be tied to commodities). If we assume GME represents a disproportionate share of that $100 quintillion, say 5% (given how manipulated we know it is), that would mean there are $5 quadrillion in naked GME shorts. Using that number: Total synthetic shares = $5 quadrillion ÷ $32/share = 156.25 trillion synthetic shares. Short interest = (156.25 trillion ÷ 446.8 million real shares) × 100 = ~34,950,000%, or about 349,500x the total real shares.
Yikes, inflation is going to get much, much worse, huh? Fuk u, pay me
I just hope the WH's let GME moon before they pull the plugs.