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joined 2 years ago
[–] [email protected] 1 points 10 months ago

dilution is a negative term because it means everyone holding that stock watches as their stock becomes less valuable. It's also completely accurate to describe the share offering as dilution because that's exactly what it did. Trying to present the dilution as a positive thing is desperate hopium by followers of the ryan cohen personality cult.

[–] [email protected] 6 points 1 year ago

Funny how at the same time the OCC is trying to push through a change to margin calls that would prevent bankruptcies (and thus shorts closing), Wall Street is trying to convince us that margin debt is decreasing and there's nothing but continuous gains for the future of our stock market.

https://markets.businessinsider.com/news/stocks/stock-market-positive-outlook-meme-stock-mania-red-flag-bubble-2024-2

A persistent decline in margin debt suggests that a red flag from the meme-stock mania of 2021 is currently non-existent.

If that's the case, then the proposed rule SR-OCC-2024-001 is completely unnecessary and irrelevant. Why would they even propose this if margin debt is so low?

The fact is they hid all the margin debt in dark pools and swaps, and they are bullshitting us. By all rights these banks and hedge funds should have gone bankrupt already, and they are shitting themselves in fear knowing that a day will come when their debts come due.

While they are posting bullshit articles like this to compel us to give up, they crawl on hands and knees to the regulatory agencies and beg for leniency. That's what SR-OCC-2024-001 is. It's a pathetic cry for help from a self-entitled baby who doesn't want his pretty little ass spanked by daddy.

I agree OP. Don't bow. They lie and lie and lie, and while it is frustrating that they can seemingly refuse to pay their debts indefinitely, they are not all-powerful and the only thing we need to do to win this is hold.

[–] [email protected] 4 points 2 years ago (1 children)

Also if you're looking for a good email provider, Hushmail is a privacy-oriented email that can encrypt emails for safekeeping. They are hosted in Canada, and they also allow you to create email aliases (fake emails) that you can use for specific purposes and messages to the aliases are sent to your normal inbox. These are great if you want to contact someone or sign up for something and don't want to give out your actual email address.

I changed to hushmail when lavabit was shut down back in the day. I hear lavabit was brought back online after a while but I wasn't going to wait around without a functional email address in the meantime.

[–] [email protected] 2 points 2 years ago

The horror aspects were fine. Though I admit it tiptoed along a PG-13 rating. What bothered me was the great fairy scene. You didn't want your parents walking in when she started screaming and laughing and giggling.

I swear I remember her spreading her legs during the bless animation when she holds her arms out to you, but I don't see that on youtube videos. Anyone else remember this? On youtube she just lifts one left at the knee, which isn't what I remember.

[–] [email protected] 5 points 2 years ago

They have a thread about the sub being more cult-like but the author explicitely makes a point to say it's not the mods.

lmao

The mods banned anyone who doesn't think and speak specifically how they want. Of course it looks like a cult now.

[–] [email protected] 25 points 2 years ago

We would lock the float very quickly.

I think Q3 is going to be profitable but I don't think the price will rise after the earnings call. Instead I expect more BS from the MSM and the price will plummet in an attempt to break the ape's hold on the stock.

They're just digging their own grave. This trajectory isn't sustainable. The rate of DRS is just going to skyrocket.

[–] [email protected] 7 points 2 years ago (1 children)

The fact that Cohen is personally invested in Gamestop was a contributing factor behind why I decided to go all-in on GME instead of cashing out at a loss.

That and the fact that Gamestop isn't in debt, has over a billion cash on hand, is expanding its online storefront and built distribution centers for online sales, and is building a digital games storefront with PLAYR.

They're in a good financial position, have great leadership, and are making all the right decisions.

So why is Gamestop constantly being bashed by the media? Why have all these investor websites who previously didn't bat an eye when retail lost money, suddenly so concerned about my investment in Gamestop?

They aren't half as smart as they think they are. Money has been raining on fools for far too long and it's time the fools lost their money.

 

The price drop is because of market manipulation and the current price doesn't represent fundamentals. We all know GME is worth more.

But the price has been gradually decreasing ever since the January 2021 sneeze and this thread over at SS suggests the line reaches 0 around 1/1/2024.

https://www.reddit.com/r/Superstonk/comments/179hajz/wild_the_current_regression_fit_from_june_14th_of/

I don't think it will actually hit 0 but I know I'm going to be buying more in November and December.

Point is don't let this rattle you. I bought my first share at $448.30 so why wouldn't I buy more at $1?

The finish line isn't out of reach any more. We're going to lock the float, and we're going to do it fast. Buckle your seatbelts.

[–] [email protected] 12 points 2 years ago (2 children)

Caeser2021 5 hr. ago Your point about the burnout and mods, there was never ever any interaction on mod selection, in fact if my memory serves me, there were instances where it was brought up by the community how the Mod team had grown and how people were selected for it.

So with all due respect, the community hasn't asked the mods to do anything, because the community had no knowledge or input on their selection.

jackofspades123 3 hr. ago I encourage you to read the open transparency threads in the discord. You might find them interesting and eye opening.

^ THAT Why should members of a subreddit have to sign up to a discord in order to be involved in the selection of a mod on their subreddit? This is like the Vogons in Hitchiker's Guide to the Galaxy. "How could you not know that your planet was going to be bulldozed? The relevant form was hung in the Intergalactic Bureau of Space Administration's office for the past two years!"

The people running the place have to work for the federal government. Only the feds could set up this level of compartmentalization.

 

https://www.reddit.com/r/Superstonk/comments/1791phe/witness_me_my_observations_of_the_superstonk/

Outside of the SCC I have found that many try to "hold the mods accountable" and few know how to do that when a power dynamic is involved, let alone the emotion they bring to that intent. This is noble at face value but the damage from failed attempts is great. There is more of an equal footing within the SCC that allows for calmer and more rational talks for this purpose.

We have many discussions ahead of us, most of which cannot be resolved through walls of text like this. The mods have shown me that they are genuine in their love for the sub but, over time and with enough corrosive intent from trolls and bad actors, that love can be twisted into something it should not resemble. There must be voices to counteract this over time.

It is my belief that many things need to change for our overall community to return to a peaceful and sustainable path and that the road to get those changes is arduous, tedious, and well worth it. We currently have the ability to resolve core differences with relatively little drama. From there we can talk about what we need to see from each other in order to come around on key topics.

We can discuss what information we need to convince outsiders to become insiders to this saga, and how to obtain that critical information. It is my belief we must slowly and carefully expand and support each other in the projects we undertake. We must decentralize while remaining connected both here and in our friend lists.

Nobody is entirely opposed, and few are even partially opposed, to this overall thought process. When approached with reason and humanity everyone is receptive.

lol lmao

The shitheads running that sub won't ever give up power, and even if they did, what happens to all the apes who were banned?

They've been silencing people for nearly 3 years now. That's a lot of people who would need to be unbanned.

Personally, I don't buy the "stand alone complex" crap he's pushing. I resent the leaders of this movement and I will make a point to never have anything to do with them ever again. In the future, anything they stand for I will stand against.

The only reason we're on the same side right now is because I'm invested in the MOASS and I want to get paid.

There is no possibility for us to ever be friends. That bridge was burned when the SS mods chose to act like assholes and silence their supposed "movement" for 3 years straight. They aren't leading this movement, they have just taken it hostage.

[–] [email protected] 4 points 2 years ago* (last edited 2 years ago)

It's dropping towards $15 so today I transferred money to my account in Fidelity. Going to buy the dip and DRS. As long as it stays under $16 I should end up with 300 fully booked in Computershare. Never thought I would get this many. Ken is really stupid. He should lay off the mayo and consider a low cholesterol diet. Might clear up his mental fog.

[–] [email protected] 2 points 2 years ago (1 children)

The stonk tracker at https://gme.crazyawesomecompany.com still shows the remaining float that hasn't been locked. But I miss the pie chart that computershared.net used to have.

It sucks that it shut down.

I agree I think it was because bad actors on wall street didn't want the peasants to know that certain groups are increasing their ownership.

If we saw insiders, or institutions, or mutual funds suddenly buy a lot more, we would be able to look deeper into that and learn things. They threw a wrench into that.

I'd love to see someone else make a duplicate website that does the same thing.

[–] [email protected] 3 points 2 years ago (2 children)

Kudos! This is a great resource.

Why isn't something like this pinned at any of the GME subreddits?

:slowly dawning horror:

 

I bought some more using Fidelity Active Trader Pro this morning so I could route through IEX. Except it kept immediately canceling my orders.

I was trying to do a market buy it should fill at the current market price, buying from the current lowest seller. There should be no way that this fails.

The thing about IEX is they go straight to the lit market. They don't route to dark pools and with a market order routed through IEX the market manipulators don't see it coming. It's a SURPRISE! buy order that they don't get to fuck around with.

But it kept getting immediately canceled? How? That suggests to me that the lowest seller wasn't actually legit. The lowest sell orders must be from a dark pool and they aren't actually willing to part with their money. They just want a small amount of sell orders to sit on the market completely unfillable, with the goal of pushing the price down. Then as buy orders react and go lower and lower, they open more sell orders that sit in dark pools and are completely unfillable.

I wanted shares so I finally did a limit order with a buy price higher than the current market price. It did go through. But the thing about limit orders is that the whole market can see them. This gives whatever supercomputer the hedge funds are running time to see the buy order open, and then in microseconds they can print out fake shares and fill the order so it gets taken off the market. Then they keep opening fake unfillable sell orders to manipulate the price lower.

At least that's what I'm thinking. I'm attaching my order history for today so you can see the canceled market orders. Every one of them was routed through IEX.

[–] [email protected] 4 points 2 years ago

I was hoping it would be integrated into PLAYR. This is disappointing but I have hopes that PLAYR will be the final nail in the coffin of of the bears and that the company becomes increasingly more profitable after it launches.

 

Remember how they turned the split as a dividend into a normal split? They can't F around with a cash dividend like that. Sure they can substitute fake shares in place of real shares, but they can't do that with cold hard cash.

It doesn't make sense right now because Gamestop is focused on becoming profitable and generating a more sustainable business. However once they become profitable, the situation changes. They would have the freedom to reward and delight thier investors with a dividend and know that they aren't squandering the last of their wealth doing so. They will know they will have more cash coming in because they are now profitable.

Once Gamestop is profitable a cash dividend does make sense! They have over 1.3 billion dollars on hand, and could reward their investors with a substantial dividend. If they issues a dividend of 50 cents per share that means anyone holding 100 shares gets 50 dollars - that's enough to buy two more shares at the current price! What's more that dividend would cost about 130 million dollars to issue for the entire float, which is about 10% of the cash they have available.

That's a terrific reward for holding through 2, soon to be 3 years of net losses each quarter during the company's hard times. We put our money where our mouth is. Will Gamestop corporate recognize that and reward their die-hard investors once they become profitable again?

I already had a thread about this removed from r/GME once already. It doesn't make sense to me because an investor campaigning for a dividend (which is just ROI) isn't something that should be derided or villified. It's a healthy thing to do, and anyone who expects ROI should also campaign for this.

Besides just being a healthy thing for an investor to want, it could also be a trigger for the MOASS. Stop and consider how shorted GME is today. Only the DTCC knows exactly how bad it is. It could be 2x, 3x, 10x, 50x the float! Is it worse than we could possible imagine? Look at the shenanigans they are doing with swaps and the puts in Brazil. They're trying to hide their short positions anywhere they possibly can.

If Gamestop issues a cash dividend they pay the DTCC exactly the amount for the shares they have issued to the public. That's 265 million shares. Now if more shares than that are being held due to short selling, the short sellers have to pay the difference. In the event that the float has been short sold more than 2x over, the short sellers end up paying more money than Gamestop does to the DTCC! - and they can't weasel out of it using fakes like they did with the splividend. Each GME holder would be due cash.

However we shouldn't request a cash dividend for that alone. We should be requesting a cash dividend because we carried this company through its hard times and kept investing in it because we knew it would be profitable again in the future. We simply want return on our investment. That is all.

When we see net profit on Gamestop's earning reports, please contact Investor Relations and let them know you are a stockholder who has been investing in the company for years and would like a cash dividend now that the company is profitable again.

(817) 424-2001

[email protected]

As a shareholder you deserve to have your voice heard!

1
The "event" (lemmy.whynotdrs.org)
 

I saw a post on r/GME today about GME indicators and the SHF's are trying to trigger another bearish signal. Someone posted that they are so tired of the bullshit.

It made me wonder, what are we waiting for? What event could smash through all these indicators and drive GME into the stratopshere?

Fellow investors, we are waiting for the launch of Gamestop PLAYR. This looks like it's going to be a online game store similar to Steam, but it will be integrated with the Gamestop Wallet and you will be able to buy web3 games using crypto.

I saw in another post that the Gamestop wallet will easily let you convert one kind of crypto to another - that alone is going to be a big deal. People with any kind of crypto currency will be able to create a Gamestop wallet, transfer in whatever funds they have, and buy web3 games.

This is brilliant because there's a lot of devalued crypto-currency out there. For years now crypto bros have been buying crypto and watching the value of their crypto currency bomb out (probably due to market manipulation) what use was it? Why did they bother?

Well now they will be able to buy something tangible with their crypto.

The launch of a new game storefront is big enough by itself to increase profits and make the company a financial success, especially if there is a marketing campaign and exclusives to bring in gamers. But the integration of the Gamestop Wallet and the ability to purchase games with crypto which isn't accepted in most other storefronts is going to bring in even more business.

That's the event. That's the point where I think things will turn around, and the market manipulation on GME is going to become very ineffective in the face of increasing profit each quarter. As we saw from the last quarterly report, the net loss has already decreased by over 66% thanks to cost cutting measures. With a new income stream from Gamestop PLAYR Gamestop is going to have net profit each quarter.

Congratulations, you bought low. This stock is going places. Too bad we couldn't get more people to buy in.

Why do normies buy high and sell low? They wait for the success story to happen first. You have to buy in before that happens. When PLAYR launches I think it will be too late to buy in and ride the rocket.

 

In regards to the proposed rule S7-32-10 "Prohibition Against Fraud, Manipulation, or Deception in Connection with Security-Based Swaps" I would like to give my comment as a individual investor.

The United States cannot have a free and fair market unless all market data is transparent and available to the public. This includes the swap data in question, and also includes so-called "dark pool" transactions, it includes paywalled data which should not be paywalled it should be free for everyone. Any data that only a handful of professional investors would know but not everyone else provides them an unfair advantage in what is supposed to be a free and fair market.

How can the young people of our nation build wealth for themselves when they buy stock in companies which are being massively short sold in secret by hedge funds? Where an individual investor sees a promising startup and is eager to take part in the formation of a new business, many Wall Street professionals only see a carcass to be ripped apart and chewed on like a pack of wolves. This isn't just a difference of mindset, or skill, or work culture. It's asymmetric data. An individual investor would never invest in a company which is subject to a deliberate and concerted attack by major Wall Street investment firms.

The only way that individual investors can take part in the market in a positive and meaningful way is for all market data to be available to everyone. This data needs to be free and easy to access. It should not be held in secret, obfuscated, or locked behind paywalls. Only then can we educate ourselves, learn how the market works, and invest in successful companies which have a bright future ahead of them.

Isn't this supposed to be the American Dream? To take part in a Capitalist society by investing in small companies which reward you with some of their wealth and success when they finally make it big? I was told so many times when I was a child that I could do anything I wanted to do, if only I put my mind to it. But in my short lifetime I have seen multiple economic crashes - 2000, 2008, the 2022 COVID shutdown, and now possibly an even worse crash in on the horizon. I don't see small companies becoming successful I see small companies being ripped apart by predatory billionaires and big businesses. I see bankruptcy after bankruptcy and stores closing every year because our economy has become so difficult to survive in. Years ago I never really thought about why a stock would plummet but now I know about naked short selling, dark pools, and hidden market data. I realize now that none of it was random. Every business I've seen shuttered was killed off deliberately. It might as well have been an assassination.

Who benefits? Who is getting rich by short selling American businesses into the ground? I suspect we could find out, if we had access to all the data. What is being hidden in those swaps?

Some day the truth will come to light. I hope that day is soon. XXX

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