Come on mods. Get with it. I am very supportive of the work you do, but this is ridiculous. U/catsfive please address
Does anyone know what time the Rumble announcement is supposed to happen? Hopefully it is before the market closes - I'm bleeding out -but still holding
Sorry to be a pain. I’m getting into a bit of an argument over on superstonk about the vaccine. They are flaming Desantis for recommending Remdesvir over the vaccine. I was trying to find articles about the immune systems hypersensitive post vaccination but I am not able to search posts. I type the word on the right hand side and click go and nothing happens. What am I doing wrong?
I cannot take credit for the post, but I’ve seen keen interest in what is happening with gme and how it will coincide with the world opening its eyes. See below - excerpt from r/superstonk .
The links are important, if it’s a reddit post their is usually a summary or TLDR: at the top or bottom of the post, as well as the first few comments usually share unique understandings or realizations
General Language HF - Hedge Funds - often used to refer to the bad guys in general.
SHF - Short Hedge Funds - Used to delineate the hedge funds we are against, from our allies
LW - Long Whale - Allied hedge funds or large investors that are also buying/holding GME
DD - Due Diligence, Deep Dive - Research and theories based on that research
MOASS - Mother Of All Short Squeezes - The biggest Short Squeeze ever
FUD - Fear, Uncertainty, Doubt -Refers to calculated attacks on morale and individuals -Used to change ones perception
DFV - u/DeepFuckingValue**, TheRoaringKitty - Keith Gill, Retail Investor, not a cat**
APE - How the most users here refer to one another
HFT - High-Frequency Trading - A method of trading huge volumes in fractions of a second (More Info below).
OTC - Over the Counter - A decentralized market where trading between two parties can take place without the use of a stock exchange.
What is a Short? A Short position is fairly simple to understand. When someone thinks a company will do poorly or is bound to fail, they can establish a short position on said company’s stock. To do that one must borrow shares from someone willing to lend them, and then sell those borrowed shares. Then you put that money into your piggy bank for later. Assuming all goes according to plan, the stock goes down like you thought, when the stock drops to the price you are happy with you then buy back the shares you borrowed. You grab the money you sold them for and buy the shares, you give them back to the person you borrowed from and make off with the leftover money.
So then what is a Short Squeeze?
The Short Squeeze is a fairly rare financial phenomenon. Basically, when a bunch of institutions think a stock will fail, sometimes they will all pile on the short positions in the same place. More often than not, they probably make a lot of money from this tactic. But occasionally they will get noticed and if everything lines up just right, this “Short Squeeze” can occur. Usually triggered by a catalyst of some sort, Short Squeezes usually happen when the stock doesn’t go down but instead goes way, way up.
When it goes high enough that the Short Sellers' other assets are no longer larger than the potential loss they are risking in the stock they shorted, they will get Margin Called. At that point, they are told to buy the stock back at whatever the price because the Clearing House doesn’t want to deal with the elevated risk. Once you can’t afford the risk you’re out. This margin call, theoretically, only has to hit one institution before the dominos start falling. The Margin Call causes increased buying, increased buying sends the price up, the price going up means more Margin Calls, and so on.
Why Gamestop?
Short Squeezes can happen anywhere there is high Short interest. Gamestop however is a special case (Hence the use of the term/ acronym, MOASS). Gamestop’s Short Sellers got extra greedy in this case. They were sure that Gamestop was going to die in the wake of the pandemic. So sure, in fact, that they began Naked Shorting the stock like crazy. Had Gamestop failed and went under, they would have never had to cover all those positions. They would have just went on their way, cash in hand, off to short another company into the ground...
Suddenly a glimmer of hope began to emerge for Gamestop, this hope in the form of Ryan Cohen, an “Activist Investor'' and CoFounder/CEO of [Chewy.com] Finding success in past endeavors, people believe Ryan Cohen, and his plan to turn Gamestop around spell out the end of the line for Short Sellers. Around the same time, DFV started sharing his Bullish thesis on Gamestop’s turnaround. After getting hate for a long time for his “Outlandish Theories”, people in the Reddit Forum r/Wallstreetbets started to really take notice, now believing that DFV’s theories were right all along.
To explain where we are now is difficult, as one could realize from a cursory glance the story is complicated. To summarize as best I can: The Short Sellers seem to have disguised their short position, even perhaps doubling down. They then manipulated the media to spread the word that Gamestop was dead, the squeeze was squoze. While at the same time they employed the use of social engineering to slowly depress the positive sentiment for the stock on Reddit and elsewhere. Recently, it seems that media sentiment is slowly changing as it becomes too obvious for the media to ignore that Gamestop is not even close to dead. The media sentiment changing also seems to coincide with some large investors, of unknown identity, hopping on board the rocket with massive long positions being opened. Many see these large investors as the last confirmation they need that Gamestop is going to the moon. Regardless of the squeeze, I like the stock for the long term. Long term potential for GME https://www.reddit.com/r/DDintoGME/comments/mwsxag/a_longterm_speculative_review_of_where_gamestop/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
What is Naked Shorting?
Just like Shorting, but with more illegality! Through archaic loopholes in the laws governing the financial industry, some individuals participate in Short Selling without actually having the shares. This essentially creates a counterfeit share. When this is done, the short-sellers are taking on a lot of risk, but the payoff can be grand. It's not easy to actually catch the naked short-sellers red-handed but some look to the Failure-to-Deliver data to shed some light on it. Naked shorting is also how it's possible there is more than 100% of the shares out there at the moment.
Who is Ryan Cohen?
Ryan Cohen is on the board for Gamestop, holding the most shares of any individual (9,000,000). Cohen is also head of the Strategic Planning and Capital Allocation Committee for Gamestop, essentially putting him at the helm of the company's pivot. After Cohen's past successful venture with [chewy.com], and seeing the people that he is bringing to the table at Gamestop, there seems to be a very clear and profitable path forward for this company. In November of 2020, Cohen released an open letter stating how he believes the Gamestop board and CEO had been failing at their jobs, he goes on to lay out a bit about how they could do better with Gamestop as a company.
Ryan Cohen clearly believes in Gamestop, and it seems that he fully intends on taking the reigns as CEO. As of writing this Ryan Cohen is not yet CEO, though soon we expect to hear some announcements from Gamestop regarding Cohens roadmap and/or his becoming CEO
Catalyst? What do you mean and why is it important?
Essentially the catalyst is the spark that lights the fire. This catalyst could be anything that triggers buzz around Gamestop (the company) or news about the stocks. It is unknown exactly what will be the event that triggers the MOASS. This Subreddit is full of theories though, I would highly recommend reading them. Below is a shortlist of some of the potential catalysts people are speculating about:
-A Stock Split, or some similar move from Gamestop that recalls shares
-Ryan Cohen’s official appointment to CEO
-Gamma Squeeze
-Some speculate Gary Gensler (Newly appointed head of the SEC), may make some move that sets things in motion
What is naked shorting a stock, illegal manipulation, and why they eventually have to pay https://theintercept.com/2016/09/24/naked-shorts-cant-stay-naked-forever/
Past Information Why are we here? What’s going on -(pdf loads slowly, go through slowly, hard to digest but can also skim first) https://iamnotafinancialadvisor.com/DD/GME/og/GMEv15.pdf
GME pays off entire debt (216 mil), allows them to give shareholders a dividend, short sellers have to pay the dividend for every share it’s shorted (real and naked shares) https://www.reddit.com/r/Superstonk/comments/mqh3ep/gamestop_can_now_pay_dividends_they_do_not_need/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
SEC Filing: Merger with brokarage, detailing lawssuit, mentions 30 brokerages engaging in coordinated conspiracy - connected w suppressing GME January baby squeeze to ~450$ https://www.reddit.com/r/Superstonk/comments/mq4gfi/sec_filing_merger_with_brokarage_detailing/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
History of Market Manipulation https://www.reddit.com/r/GME/comments/mqyp5w/now_is_the_time_to_stay_ready_a_running_list_of/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
Recent Information Why it’s trading sideways https://www.reddit.com/r/Superstonk/comments/mvnfq6/why_would_short_sellers_keep_doubling_down_on/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
The real price could be 900-1000 un manipulated https://www.reddit.com/r/Superstonk/comments/mp1sgt/the_real_price_of_gme_is_currently_around_9001k/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
Could be 127 million phantom shares on top of the 70 mil float https://www.reddit.com/r/Superstonk/comments/mz7c7h/put_anomalies_pt1_were_127_million_synthetic/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
Future Information Why a Share Recall should ignite the rocket https://www.reddit.com/r/Superstonk/comments/mq43lj/why_recalling_a_share_is_the_inverse_transaction/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
Who’s Suppressing the Price ? https://www.reddit.com/r/Superstonk/comments/mu9xed/why_were_still_trading_sideways_and_why_we_havent/?utm_source=share&utm_medium=ios_app&utm_name=iossmf Citadel Securities https://www.reddit.com/r/Superstonk/comments/mn0q9q/theory_all_the_pieces_pt_1_the_anatomy_of_the/?utm_source=share&utm_medium=ios_app&utm_name=iossmf Melvin Capital and similar https://www.reddit.com/r/Superstonk/comments/ms9z0n/theory_all_the_pieces_pt_2_the_deep_end_of_the/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
GameStop as a hedge against market collapse? https://www.reddit.com/r/Superstonk/comments/mvj8fz/where_there_is_smoke_there_is_fire/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
What’s an exit strategy? https://www.reddit.com/r/GME/comments/m8nk84/important_all_apes_need_to_read_this_to_prepare/?utm_source=share&utm_medium=ios_app&utm_name=
Counter-Counter Arguments https://www.reddit.com/r/Superstonk/comments/mq9gqq/i_poured_over_every_counter_opinion_i_could_find/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
Huge list of DD / more resources
I work in a company that was afraid of covid. They enacted a policy yesterday that folks can return to work and with no mask but they need to show their “papers”. This is the first time i was called out on my convictions and as a family we decided I would go in with the mask just in case and not cause trouble - but yet not back down if they try to segregate me. To my SHOCK I found out the owner was Jewish who lost his grandfather during the Holocaust. They escorted the hr director that authorized the email and sent the message that the gold star will NOT be tolerated. I was floored! I just wanted to spread some good news. I’m in Ohio and was just amazed by the number of peeps that had no fucks to give. There is hope for our country yet!
Did any of you receive a foolish letter from this butthead saying - here’s a check for 35 match it and send to the Republican Party. I’m in Ohio and have never received correspondence from another state senator. I think they are in financial distress big time
I work in IT and during our team meeting our CIO let us know that "John" received his Covid vaccine last week, that night he was hospitalized and diagnosed with Covid.
My boss actually said "He didn't get Covid from the vaccine - he just happened to get covid the same day he got the shot". Dude is STILL in the hospital.
CIO claims that the DOCTOR told "John" that he couldn't get Covid from getting stuck. THIS IS CLOWN WORLD
An insurance pedes out there? I’m curious if life insurance claims are to be denied if the recipient had the covid shot because it’s not approved by the fda
Question for those more experienced than I. With so many folks losing their jobs last year and the pause on ss/med taxes I think many more people will owe money this year. I typically end up paying around 4K each year and estimate it will be much higher this year. If we are living with a false government and dc is a foreign and hostile entity wouldn’t something need to happen prior to tax day? TIA and truly looking to get opinions. I’ve been thinking about his for awhile, but haven’t seen conversations on it as is yet.
The entire family snarfed when that came on ?
Hey - can someone with more sophisticated equipment than my phone expand the shot of Biden getting into Marine One? It doesn’t look like he has the mask on while taking the stairs two at a time. https://youtu.be/Pz73H1SGQII
I thought I would be depressed by the speech, but I'm not. I think about Trump, his accomplishments and his outlook. He HAS given up power, but not to BIDEN. To the military.
Why would Biden have to fly in on something other than AF1? Nope - I've had faith this far, I'm NOT giving up now. WWG1WGA - holy cow -I'm a Q convert....HELP