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@ -0,0 +1,44 @@
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One of the addresses associated with the GameStop NFT had a transaction today. Any wrinkle brains able to tell what it was used for?
|
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====================================================================================================================================
|
||||
|
||||
| Author | Source |
|
||||
| :-------------: |:-------------:|
|
||||
| [u/clawesome](https://www.reddit.com/user/clawesome/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/ogjbcy/one_of_the_addresses_associated_with_the_gamestop/) |
|
||||
|
||||
---
|
||||
|
||||
[etherscan.io/addres...](https://etherscan.io/address/0x10B16eEDe03cF73CbF44e4BFFFa3e6BFf36F1Fad)
|
||||
|
||||
[Question ❓](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Question%20%E2%9D%93%22&restrict_sr=1)
|
||||
|
||||
---
|
||||
|
||||
## Relevant Comment/Answer by [u/nuclear-falcon](https://www.reddit.com/user/nuclear-falcon/)
|
||||
|
||||
---
|
||||
|
||||
**Official Gamestop NFT Contract "GME NFT":**
|
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|
||||
0x13374200c29C757FDCc72F15Da98fb94f286d71e
|
||||
|
||||
**Was created by "Creator":**
|
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|
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0x10b16eede03cf73cbf44e4bfffa3e6bff36f1fad
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|
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"Creator" is the account in question that OP linked.
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|
||||
*Creator is a contract itself!* If you go to the contract's [etherscan page](https://etherscan.io/address/0x10b16eede03cf73cbf44e4bfffa3e6bff36f1fad#readProxyContract) -> Contract -> "Read Contract as Proxy" you can get a little bit of information. The NAME field is "Gnosis Safe" which is a service in the form of a contract to force multiple people in a company to sign off on transactions before they happen, which is how you keep crypto at a company safe. [Here](https://help.gnosis-safe.io/en/articles/3876456-what-is-gnosis-safe) is a brief overview from their website.
|
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|
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If you go to the Creator address, you'll see a transaction from ~8 hours ago and then one that happened ~5 minutes ago (all from the time of writing). The "Events" tab on etherscan allows you to see which functions were executed.
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Transaction from ~8 hours ago was to add "Add Owner" function execution. I think this means they added another person who can sign off on transactions.
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Transaction from ~5 minutes ago executed 2 functions:
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Remove Owner - to Remove a person/wallet from signing off on transactions
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Add Owner - same as the one from ~8 hours ago that adds someone
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**What I think this means:**
|
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|
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The NFTeam is adding new people who have rights to sign off on transactions with the official GameStop company crypto. This is a security measure that means no single person at the company can control/steal/send crypto to anyone else
|
@ -0,0 +1,59 @@
|
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An explanation of 'launchDate' 7/14 - NFT - EIP1559
|
||||
===================================================
|
||||
|
||||
| Author | Source |
|
||||
| :-------------: |:-------------:|
|
||||
| [u/Hey_Madie](https://www.reddit.com/user/Hey_Madie/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/oh7ugx/an_explanation_of_launchdate_714_nft_eip1559/) |
|
||||
|
||||
---
|
||||
|
||||
|
||||
[Education 👨🏫 | Data 🔢](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Education%20%F0%9F%91%A8%E2%80%8D%F0%9F%8F%AB%20%7C%20Data%20%F0%9F%94%A2%22&restrict_sr=1)
|
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|
||||
To define, the Gamestop NFT had a 'launchDate' field in the code that defined to 7/14/2021. This is/was referencing the now rescheduled Ehtereum network upgrades to EIP-1559. The update will now occur on 8/4/21 at block 12,965,000, between 13:00 UTC and 17:00 UTC.
|
||||
|
||||
For the record, they did not indicate or reference an actual release date for the NFT, but they did acknowledge that they want to get it right and they are not taking any shortcuts. So we hold-fast! It'll be worth it!
|
||||
|
||||
[](https://preview.redd.it/40ifzxp00aa71.png?width=591&format=png&auto=webp&s=1c07ad34c18c394d28e317761151bf682b65eb88)
|
||||
|
||||
Ethereum is set to go through a lot of changes in the future, first with the London hardfork introducing EIP-1559.
|
||||
|
||||
EIP-1559 is an Ethereum Improvement Proposal that, along with four other EIPs, will signal the start of Ethereum's 'Triple Halvening' event.
|
||||
|
||||
[](https://preview.redd.it/jf99luysp9a71.png?width=598&format=png&auto=webp&s=edb0d225f8ed1869dcaa101bd99ef4353db668ab)
|
||||
|
||||
[](https://preview.redd.it/naajapyaw9a71.png?width=680&format=png&auto=webp&s=4aa295886b39a13d02b967b6011d79b4d3fb4a7e)
|
||||
|
||||
This 'tip' is then given to the Ethereum miner, while the base fee is burned, removing it from circulation. In explaining the reason for this burn, [EIP's authors said](https://eips.ethereum.org/EIPS/eip-1559):
|
||||
|
||||
> This ensures that only ETH can ever be used to pay for transactions on Ethereum, cementing the economic value of ETH within the Ethereum platform and reducing risks associated with miner extractable value (MEV). Additionally, this burn counterbalances Ethereum inflation while still giving the block reward and priority fee to miners. Finally, ensuring the miner of a block does not receive the base fee is important because it removes miner incentive to manipulate the fee in order to extract more fees from users.
|
||||
|
||||
What Will EIP-1559 Do For Ethereum Miners?
|
||||
|
||||
A collection of Ethereum miners and mining pools have voiced their opposition to EIP-1559. This has been collated in the [#STOPEIP1559 petition](https://stopeip1559.org/), led by Flexpool.
|
||||
|
||||
Explaining their opposition, the petition states: "[Burning transaction fees] dramatically reduces miners' earnings, people who invested their savings into supporting the Ethereum network."
|
||||
|
||||
Advertisement
|
||||
|
||||
Given EIP-1559 is yet to launch onto the mainnet, the reward changes for miners are currently only predictions, with the full impact unknown.
|
||||
|
||||
Of course, no matter the miners animosity to EIP-1559, this is a smaller change in comparison to the impact Ethereum 2.0 will have. The Eth2 upgrade,[ slated for release in 2022](https://www.gfinityesports.com/cryptocurrency/ethereum-2-release-date-eth2-roadmap-phases-is-ethereum-2-new-coin-serenity/), will see a full shift to [Ethereum staking](https://www.gfinityesports.com/cryptocurrency/ethereum-staking-what-is-it-how-to-stake-Eth2-ethereum-2-staking-rewards/) via a Proof-of-Stake algorithm.
|
||||
|
||||
Sources:
|
||||
|
||||
[Ethereum EIP-1559: Release Date, Meaning, And What EIP-1559 Will Do For Mining ETH](https://www.gfinityesports.com/cryptocurrency/ethereum-eip-1559-release-date-meaning-fees-london-hardfork-effect-on-mining-eth/)
|
||||
|
||||
[Ethereum price gears up for its upcoming 'Triple Halving'](https://www.fxstreet.com/cryptocurrencies/news/ethereum-price-gears-up-for-its-upcoming-triple-halving-202107071339)
|
||||
|
||||
[4 Common Misperceptions About Ethereum's EIP 1559 Upgrade](https://www.coindesk.com/4-myths-about-ethereum-eip-1559)
|
||||
|
||||
🦍Other community posts pertaining to this subject. 🧠 Together We Are Stronger! 🚀
|
||||
|
||||
Post about 1st tweet: <https://www.reddit.com/r/Superstonk/comments/oh5jjc/gamestop_nft_launch_date/>
|
||||
|
||||
Post about 2nd clarifying tweet: <https://www.reddit.com/r/Superstonk/comments/oh60ea/gme_nft_developler_clarifies_that_there_is_no_set/>
|
||||
|
||||
Post with both tweets and more discussion: <https://www.reddit.com/r/Superstonk/comments/oh613h/finestonematt_on_twitter_about_the_supposed/>
|
||||
|
||||
TL;DR: Gamestop Engineers verify that the launch date was referencing the now rescheduled upgrade to the Ethereum network to EIP1559.
|
@ -0,0 +1,65 @@
|
||||
Why are we being left in the dark? Why all the cryptic tweets? Why doesn't Ryan Cohen just tell us what's up? ......Enter the Standstill Agreement that doesn't allow Ryan Cohen to speak openly about GameStop until 2022
|
||||
======================================================================================================================================================================================================================
|
||||
|
||||
| Author | Source |
|
||||
| :-------------: |:-------------:|
|
||||
| [u/Ginger_Libra](https://www.reddit.com/user/Ginger_Libra/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/oh3ocf/why_are_we_being_left_in_the_dark_why_all_the/) |
|
||||
|
||||
---
|
||||
|
||||
|
||||
[DD 👨🔬](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22DD%20%F0%9F%91%A8%E2%80%8D%F0%9F%94%AC%22&restrict_sr=1)
|
||||
|
||||
January bag holder here. We used to talk about this more in the other subs and I felt like it was common knowledge. I'm not smart enough to have research this myself but I looked it up again because there seems to be a lot of shit talking and confusion.
|
||||
|
||||
Ryan Cohen and RC Ventures entered into a Standstill Agreement on January 10, 2021 that has a long list of provisions that essentially prohibits him from speaking out directly.
|
||||
|
||||
Specifically, he is not allowed to influence voting or board votes and another long list of activities until about March 1, 2022.
|
||||
|
||||
<https://www.sec.gov/Archives/edgar/data/1326380/000119380521000031/e620202_ex99-1.htm>
|
||||
|
||||
So for everyone wondering why things are quiet, this is why.
|
||||
|
||||
Here's the deal.
|
||||
|
||||
This week sucked. Next week is uncertain. The DTC/other colluders rules we've been waiting for don't appear to have made a difference in hedge fund fuckery. We took a beating.
|
||||
|
||||
I bought my first share at $350. I held to $38.
|
||||
|
||||
I want tendies. But I'm not fucking leaving over this. Never. I'm out when the share price looks big for Kenny and his pals, not when it looks big to me. That's the only way I'm selling.
|
||||
|
||||
And you know what? I trust Ryan Cohen. I know he has a plan. I know he will do right by us.
|
||||
|
||||
He isn't talking to us because he can't. But he is communicating. And it's going to be fine. Better than fine. It's going to be fucking glorious. Life altering.
|
||||
|
||||
It's coming. Changing corrupt financial systems and taking down evil villains ain't easy. That's why super hero's have movies about them. Shits hard.
|
||||
|
||||
It's Friday. Go fuck off. Have a tasty beverage. Get some sun on your face this weekend. Get laid if there is someone who will enthusiastically consent to fucking you. Or just willingly consent.
|
||||
|
||||
Tomorrow is a new week. NFT week. Could be nothing. Could be everything. Everything is coming.
|
||||
|
||||
In the meantime, dream your dreams about what you're going to do with your tendies.
|
||||
|
||||
I'm fixing this fucking planet I love so much. Apes are going to find a solution for climate change. I'm going to be a part of that movement. I'm making my plans.
|
||||
|
||||
You do you. There's lots of broken shit in this fucked up system.
|
||||
|
||||
Come back Monday ready to hype.
|
||||
|
||||
TL;DR: Papa Cohen can't say anything publicly until around March 1, 2022.
|
||||
|
||||
Wen moon? Soon moon.
|
||||
|
||||
Edit to add: because I am spelling everything out....remember, Kenny and his buddies aren't going down easily or we'd all be rich by now.
|
||||
|
||||
Everything needs to be above board so that GameStop and RC don't get sued. I'm sure they will get sued but the goal is to not have anything substantive behind it.
|
||||
|
||||
He also has to watch what he says to the SEC doesn't get him for market manipulation. He has to watch his mouth to protect us and protect our tendies.
|
||||
|
||||
Elon has gotten in trouble for this. And RC is smarter than Elon so he is walking a finer line.
|
||||
|
||||
Second edit: some of you seem to think the Standstill Agreement ends after he became 🪑👨. It does not and if it's amended or changed it would be filed with the SEC.
|
||||
|
||||
The Standstill Agreement protects GameStop from a hostile takeover. Hostile takeovers of corporate boards are a whole other post. This is a not so hostile takeover.
|
||||
|
||||
Other chairman and CEOs can speak out because they didn't buy shares to join a company. They don't have Standstill agreements.
|
@ -0,0 +1,95 @@
|
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T+21. The game of Hide & Seek is finally over. And while I'm at it I might as well try to prove how July 14th is going to become our new January 13th.
|
||||
======================================================================================================================================================
|
||||
|
||||
| Author | Source |
|
||||
| :-------------: |:-------------:|
|
||||
| [u/JaboniThxDad](https://www.reddit.com/user/JaboniThxDad/) | [Reddit](https://www.reddit.com/r/DDintoGME/comments/ohm7uq/t21_the_game_of_hide_seek_is_finally_over_and/) |
|
||||
|
||||
---
|
||||
|
||||
|
||||
[𝘜𝘯𝘷𝘦𝘳𝘪𝘧𝘪𝘦𝘥 𝘋𝘋](https://www.reddit.com/r/DDintoGME/search?q=flair_name%3A%22%F0%9D%98%9C%F0%9D%98%AF%F0%9D%98%B7%F0%9D%98%A6%F0%9D%98%B3%F0%9D%98%AA%F0%9D%98%A7%F0%9D%98%AA%F0%9D%98%A6%F0%9D%98%A5%20%F0%9D%98%8B%F0%9D%98%8B%22&restrict_sr=1)
|
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|
||||
January 13th... What am I talking about?
|
||||
|
||||
January 13th is what I refer to as *Day 0*. This was *'the spike'* that caused the build-up to our January mini-squeeze. I'll explain everything as we move along chronologically but first, let's establish some patterns.
|
||||
|
||||
What happened in the 12 days prior to January 13th? Our volume had lows down to 4.9 million and highs up to 14.9 million. Also, our prices saw lows down to $17.08 and highs up to $21.97.
|
||||
|
||||
Then the 13th happened. Boom. 144 million volume in a single day. That's more than 1.5 times the volume of the previous 12 days *combined*. We opened at $20.42, reached a high of $38.65 and ended up closing at $31.40.
|
||||
|
||||
Then over the next 5 days we reached lows of $33.05, highs of $45.52 and on the 6th day we appeared to start going parabolic. That 6th day, we reached a high of $76.76, Day 7, a high of $159.18, Day 8... $150, Day 9... $380, Day 10... $483.
|
||||
|
||||
Don't worry. I won't go into as much detail going forward. I'm just trying to demonstrate why the above matters, especially the part where we appear to start going parabolic close to Day 6 after every spike.
|
||||
|
||||
[](https://preview.redd.it/nxomkyjtyea71.jpg?width=1176&format=pjpg&auto=webp&s=290b06fd0f9239546b84f49234f6256452182513)
|
||||
|
||||
Day 0 and its aftermath
|
||||
|
||||
January 25th
|
||||
|
||||
A lot of people lost faith in the 21-day cycle. I never did and I'll do my best to explain why. If you look at the chart, you can see what happened on the 25th of January, 7 days after our spike. I believe this is the day that short sellers trapped themselves into a cycle that would begin the creation of our glorious cup.
|
||||
|
||||
February 24th
|
||||
|
||||
Day 21. We hit 67.4 million volume on this day. The price opened at $44.70 and we reached both a high and a close of $91.71. This spike started the run-up to the peak of the left side of our cup. Once again, it appeared we started going parabolic around Day 6 and as of Day 10 we hit our March peak, the left side of our cup... $348.50. We consolidated in the days leading up to the 24th of February and did experience more volume on that day than any of the days leading up to it during our consolidation period but it was not as drastic as what had happened in January.
|
||||
|
||||
[](https://preview.redd.it/qs18bxnuyea71.jpg?width=1175&format=pjpg&auto=webp&s=fb7d2eee08e5c20c8e6ec8c0af871467c722967c)
|
||||
|
||||
February 24th volume & price spike preceded by lower volume and followed by sideways trading prior to a parabolic move
|
||||
|
||||
March 25th
|
||||
|
||||
Day 21. We hit 50.4 million volume on this day. The price opened at $123.49, we reached a high of $187.50 and closed at $183.75. We once again start experiencing consolidation from Day 1 to Day 5 and what happens on Day 6 when we normally end up going parabolic? A share offering of 3.5 million at-the-market is announced. Without this, we would have went parabolic and the cup would have been invalidated. *Welcome to the chess game.*
|
||||
|
||||
[](https://preview.redd.it/ojqf0ywvyea71.jpg?width=1182&format=pjpg&auto=webp&s=a8505ff421d32b0646cc9fa7ea0f8a88daad1375)
|
||||
|
||||
This one is not like the others and for good reason
|
||||
|
||||
April 26th
|
||||
|
||||
Day 21. This is where people lost faith in the 21-day cycle. But they shouldn't have. Why? Remember that share offering announced on April 5th? Well, it was announced as completed at the end of trading on the 26th and I believe it re-established the 21-day cycle. Perfectly played. Yes, we're definitely watching a chess match. Check.
|
||||
|
||||
[](https://preview.redd.it/ljv29v5zyea71.jpg?width=420&format=pjpg&auto=webp&s=54d8dfdf54dd186fe8dc84d4f7295ff558b5dc5c)
|
||||
|
||||
I see you
|
||||
|
||||
May 25th
|
||||
|
||||
Day 21. 14.4 million volume. We opened at $181, reached a high of $217.11 and settled in with a close of $209.43. On Day 9 we reach the peak of the right side of our cup with a high of $344.66. What happens on Day 10? Welcome to our June 9th at-the-market share offering. This is the beginning of our handle. Check.
|
||||
|
||||
[](https://preview.redd.it/6zw2yzzazea71.jpg?width=1179&format=pjpg&auto=webp&s=25b5dde81650e0d0a51331a2be5c32099c2c6f46)
|
||||
|
||||
I heard you all like pictures so I made you one
|
||||
|
||||
June 24th
|
||||
|
||||
What about June 24th? Well, I've seen a lot of people mention that they don't think the share offerings are impacting the price much at all. No disrespect to anybody but I believe this is entirely wrong. I think it's clear that it did so back in April and also again in June. Not only did GameStop kindly offer a total of 8.5 million more shares At-The-Market which short sellers could have used to cover if they so wished (*Spoiler Alert: they didn't*), but I believe it also served to do 2 additional things.
|
||||
|
||||
1. I believe it was used to guarantee the MOASS by kicking the can down the road so we could align with a date where we are going to have a significant price spike (July 14th) which just so happens to be 35 days from when the June 9th ATM was announced. Feel free take this one with a grain of salt though if you choose.
|
||||
|
||||
2. I believe the short sellers used these 8.5 million shares to short immediately as of the announcements and I don't think they limited themselves to the 8.5 million either when taking liberty to do this. Take this with however much salt you deem appropriate though.
|
||||
|
||||
So, what now?
|
||||
|
||||
I know, you know, we all know by now... we already won. At this point in time we're just going through the motions. But this is what I see. The price is going to spike on July 14th. Can it be a different day? Sure, but I really believe it's the 14th. I think we will see an insane amount of volume and a large price increase on that day. Do I think we'll moon on that date? Nope.
|
||||
|
||||
At least not based on previous patterns. I don't know options well enough to know what will happen as a result of all the Calls/Puts ITM/OTM on July 16th but I imagine that things are going to get crazy. And fast. But moon, I don't think so. At least not yet anyway.
|
||||
|
||||
Now for the party trick.
|
||||
|
||||
Remember when GameStop announced the share offering completion on April 26th? This restarted us on a 21-day schedule. Now, did you pay attention to when the June ATM completed? June 22nd. Lets count 21 trading days from the 22nd and see what we uncover shall we?
|
||||
|
||||
Wait. First of all, I don't do dates. Ask my fiancee. Last date she went on was April 20th and all she got was an ice cream cone, a proposal and a tweet.
|
||||
|
||||
Fine, be that way. I know you can do math anyway so I might as well come out and just say it. 21 trading days from June 22nd lands us on... July 22nd. Day 6. Checkmate.
|
||||
|
||||
[](https://preview.redd.it/54fi3sf5zea71.jpg?width=1024&format=pjpg&auto=webp&s=b450f02740061814075955edf8d45d9bc5ab5cdf)
|
||||
|
||||
Self-explanatory I hope
|
||||
|
||||
My advice. For most of you, I believe this is the last '*normal*' weekend of your life. What happened over the last 6 months is going to make you a very wealthy individual. Let go of any hatred, focus on how you're going to make your life and the life of those around you better. We have a world to change.
|
||||
|
||||
Thank you Keith. Thank you Ryan. Thank you GameStop. Thanks to everybody who has been a part of this journey. And with that said... Buckle up.
|
||||
|
||||
TLDR: T+21 exists. I believe it gets reset at the completion of every ATM offering. Our next has been moved up to July 22nd and it lands right as I believe we're going to be sitting on the edge of space as a result of a July 14th spike.
|
@ -0,0 +1,13 @@
|
||||
I can't believe you apes are having such trouble understanding Reverse Repos.
|
||||
=============================================================================
|
||||
|
||||
| Author | Source |
|
||||
| :-------------: |:-------------:|
|
||||
| [u/Chumbag_love](https://www.reddit.com/user/Chumbag_love/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/oh4lyz/i_cant_believe_you_apes_are_having_such_trouble/) |
|
||||
|
||||
---
|
||||
|
||||
|
||||
[Education 👨🏫 | Data 🔢](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Education%20%F0%9F%91%A8%E2%80%8D%F0%9F%8F%AB%20%7C%20Data%20%F0%9F%94%A2%22&restrict_sr=1)
|
||||
|
||||
[](https://i.redd.it/95kgcm5249a71.png)
|
@ -0,0 +1,265 @@
|
||||
The Chronicles of Short & Shorter, Ep. 1: Before the January Sneeze
|
||||
===================================================================
|
||||
|
||||
| Author | Source |
|
||||
| :-------------: |:-------------:|
|
||||
| [u/nydus_erdos](https://www.reddit.com/user/nydus_erdos/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/ogi75b/the_chronicles_of_short_shorter_ep_1_before_the/) |
|
||||
|
||||
---
|
||||
|
||||
|
||||
[DD 👨🔬](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22DD%20%F0%9F%91%A8%E2%80%8D%F0%9F%94%AC%22&restrict_sr=1)
|
||||
|
||||
Disclaimer: Not financial advice. I've put a disproportionate amount of time into this for free, I clearly do not make good decisions, except for GME of course. This is at best, fancier napkin math.
|
||||
|
||||
ALL POSTS BUILD ON EACH OTHER. IF THERE'S SOMETHING THAT SEEMS LIKE I GLOSS OVER HERE, YOU'LL LIKELY FIND IT (IN DETAIL) IN MY PREVIOUS POSTS: [Vol. 1](https://www.reddit.com/r/Superstonk/comments/nw8281/math_black_magic_vol_1_why_it_is_mathematically/), [Vol. 2](https://www.reddit.com/r/Superstonk/comments/nwy0oz/math_black_magic_vol_2_the_limit_does_not_exist/), [Vol. 3](https://www.reddit.com/r/Superstonk/comments/nya5ps/math_black_magic_vol_3_trillion_short_share_seance/), [Epilogue](https://www.reddit.com/r/Superstonk/comments/odrnbv/math_black_magic_final_vol_epilogue/), [Microeconomic Primer](https://www.reddit.com/r/Superstonk/comments/of1lz2/malleus_oeconomica_a_compressed_primer/)
|
||||
|
||||
Main Sources: [Finnerty Paper](https://www.sec.gov/comments/s7-08-08/s70808-318.pdf), [Microeconomics 7th Edition by Jeffrey M. Perloff](http://dl.rasabourse.com/MIT.Mircroeconomics.Jeffrey%20M.%20Perloff%20-%20Microeconomics%20(2014,%20Pearson).pdf)
|
||||
|
||||
--------------------------------------------------------------------------------------------------
|
||||
|
||||
A. Intro
|
||||
|
||||
I thought for a long time for a concise way to describe this series. Unfortunately for you, I am ape-tarded and no matter how hard I tried, this kept repeating in my head. I apologize in advance.
|
||||
|
||||
([Begin drum loop](https://www.youtube.com/watch?v=JgLcJFad90I))
|
||||
|
||||
Nobody: Hey Nydus, can you tell us a bedtime story?
|
||||
|
||||
Ok, heeerrre we go:
|
||||
|
||||
Once upon a time not long ago
|
||||
|
||||
When people went long and invested slow
|
||||
|
||||
When laws were stern and justice stood
|
||||
|
||||
And people were investin' like they ought to: good
|
||||
|
||||
There was little Gabe who his broke bread
|
||||
|
||||
With another Kenny boy and this is what he said:
|
||||
|
||||
"Me, you and Steve are gonna make some G's
|
||||
|
||||
Shorting inelastic curves and makin' FTDs"
|
||||
|
||||
[](https://preview.redd.it/h3pm3f5yu1a71.png?width=960&format=png&auto=webp&s=38b8a860a22c6e65827337655485cbe3e2e299c8)
|
||||
|
||||
I DID NOT MAKE THIS! IT WAS ORIGINALLY POSTED BY u/MisterFinishLine.! https://www.reddit.com/r/Superstonk/comments/nii1s6/short_shorter/
|
||||
|
||||
I DID NOT MAKE THIS MEME! CREDIT IN THE CAPTION!
|
||||
|
||||
-----------------------------------------------------------------------------------------------
|
||||
|
||||
B. Assumptions
|
||||
|
||||
*SHORTS HAVE NOT COVERED*
|
||||
|
||||
Before I get into this one, read these excerpts from Finnerty's paper:
|
||||
|
||||
> "Naked short selling and manipulating the price downward provide cash returns to the manipulator, who can withdraw cash from his clearing firm account as the shorted shares are marked to market at progressively lower prices. Through naked shorting, the manipulator realizes these returns without investing any cash (provided the market price never rises above the sale price)." (Pg. 34, par. 1)
|
||||
|
||||
> "The clearing firm retains the cash proceeds from the short sale to secure the selling broker's delivery obligation. The clearing firm releases cash equal to the reduction in value of the shorted shares as the price of the shares declines (or demands additional cash margin if the share price rises)." (Pg. 34, footnote 51)
|
||||
|
||||
Yes, you read that correctly. Naked short selling is pretty much FREE MONEY. On top of this, finance is OBSESSED with maximization. Finnerty mentions it frequently, and the calculus behind all this stuff is pretty maximization problems.
|
||||
|
||||
What I'm saying is, we're familiar with Citadel and Co.'s natural inclination towards all consuming greed has been further sharpened by mathematical indoctrination. Ultimately, Kenny and Co. maximize their profit by never closing their FTDs. Why would they? Who was gonna check?
|
||||
|
||||
There is also a mathematical basis:
|
||||
|
||||
> "The manipulator maximizes his profit by...naked shorting *P(3)* close to zero. The manipulator should sell short *A/(3B)* shares at time 1 resulting in *P(1) = 2A/3*...He should sell short an additional *A/(3B)* shares at time 2...The manipulator drives *P(3)* close to zero by adjusting the short position to *L/B* shares. If *L > 2A/3*, the manipulator will increase his short position; otherwise, he will decrease it."(Pg. 55, par. 1)
|
||||
|
||||
The only scenario where they could've reduced their position would conflict with our known Janurary SI. This also makes the calculations much more simple, as I don't have to worry about subtracting shares covered.
|
||||
|
||||
Along with this, Finnerty also describes a situation that might sound familiar:
|
||||
|
||||
> "...suppose the manipulator realizes at time 2 that the firm's share price the next period will be H, rather than L as originally expected, say, due to favorable developments in the firm's business. Suppose further that the securities regulators or the clearing house require all securities dealers to clear up all fails to deliver. The manipulator would face potentially large losses on his short sales. By short selling an additional 2A/(3B) shares at time 2, he can drive the share price close to zero" (Pg. 56, par. 3)
|
||||
|
||||
The quantity *2A/3B* is double the amount the manipulator usually sells at time 2, which indicates to me that they have to increase the magnitude of their attack to compensate. Past the Sneeze, I don't see how they would keep up such aggressive price suppression without increasing their position, especially when it was undeniable that this was a high value company.
|
||||
|
||||
*MONOPOLY MARKET*
|
||||
|
||||
Citadel and Co.'s market marking privileges have allowed them to form a monopoly on GME shares. They are the only suppliers. They have full direct control of quantity of output and indirect control over price. Assuming monopoly market simplifies calculations in that we do not have to consider actions from other players.
|
||||
|
||||
*INELASTIC DEMAND CURVE*
|
||||
|
||||
Basically, this means that the quantity demanded does not change much in response to a change in price and demand will at least stay constant. Throughout my calculations, only the inelastic value consistently provided reasonable answers. This also makes sense as we know even before the Sneeze there were diamond hands who knew the ~~value~~ deep fucking value of the company. From what I got, it appears that the only time apes had an elastic demand curve was when they turned off the buy button.
|
||||
|
||||
*NO SUPPLY CURVE, ONLY DEMAND*
|
||||
|
||||
Biggest thing I discovered is that short selling in general is that it defies the very law of supply. Instead of a producer supplying less as the price gets lower, naked short sellers supply more as the price gets lower. They can afford to since, until recently, naked short selling had zero cost.
|
||||
|
||||
On top of this, monopolies do not have supply curves. This lack of a supply curve makes a monopoly's output decision dependent on the shapes of its marginal cost curve and the market demand curve.
|
||||
|
||||
Because those reasons, I assume that price behavior over time is highly related to market demand, in that the elasticity (normalized/unitless) from the Price vs.Time charts is analogous to the elasticity on the market demand curve (Price vs. Quantity)
|
||||
|
||||
[](https://preview.redd.it/dhddnm6a32a71.png?width=612&format=png&auto=webp&s=0cea57adf59d86cc879d0a35d92b687439e97174)
|
||||
|
||||
Elasticity Assumption
|
||||
|
||||
*DOUBLE-HALF CONJECTURE*
|
||||
|
||||
The paper lays out the general strategy of a manipulator who is aggressively naked shorting a stock. Basically, the manipulator naked shorts a certain amount of shares based on a formula taking into account current market price, various probabilities, etc, etc. By the end of the paper, Finnerty proves mathematically that the manipulator must naked short at least as many shares as the firm has outstanding in order to short a companies price close to zero, not zero!. Side note, the reason its not zero is because:
|
||||
|
||||
> "The manipulated price could be less than a penny if market convention allows quotations in a fraction of a cent, as for example the OTCBB market does" (Pg. 11, footnote 21)
|
||||
|
||||
Anyway, the point is this strategy of shorting usually leaves a pattern. The first attack drops the price by about one-third (~33%), the second cuts that price in half (~50%) and the third kicks it down close to zero. Around the time the price is cut in half the manipulator has naked shorted the same amount of shares outstanding.
|
||||
|
||||
> "If *L > A/3*, the manipulator will naked short more shares than the firm has outstanding. The share price is *P(2) = A/3*, which is half what it was at time 1."
|
||||
|
||||
> "...if *L = A/3*, then the manipulator would naked short the same number of shares the firm has outstanding, doubling the float. He would halve the short position at time 3 to *A/(3B)*, restoring it to what it was at time 1. The strategic fail substantially decreases at the same time the share price declines because the intrinsic value of the shares decreases."
|
||||
|
||||
Going on this I assume that every time the price is approximately cut in half, the naked short seller has doubled the shares in existence.
|
||||
|
||||
*PROFIT STRATEGY*
|
||||
|
||||
They started short selling on the inelastic part of the demand curve. Normally, a monopoly wants to work on the elastic part of the demand curve. However, if you naked short sell an elastic curve the price will drop quicker with less shares shorted. I think its possible that Short, Shorter & Co. figured they could maximize profit by naked short selling on an inelastic demand curve, as they could short more shares over time since it takes more short shares to affect an inelastic demand curve.
|
||||
|
||||
-----------------------------------------------------------------------------------------------
|
||||
|
||||
C. Duration & Timeline
|
||||
|
||||
Einstein said the only infinite things are the universe and human stupidity. Were he alive today I'd ask him if he could human greed as well. To truly grasp how greedy, I'll run you through my estimation of the total duration of their short postion until the Sneeze.
|
||||
|
||||
From the price action, it looks Short, Shorter & Co. opened their short position approximately December 2015, going until December 2020 is:
|
||||
|
||||
- 5 calendar years
|
||||
|
||||
- 3.45 trading years
|
||||
|
||||
- 868 trading days
|
||||
|
||||
(Note: there about 252 trading days in a year. Almost exactly 69 percent (lol) of a calendar year)
|
||||
|
||||
I wanted to start with general data, so I eyeballed the Google chart of GME and these immediately stood out to me. We will be looking at the following dates (all approximate!):
|
||||
|
||||
- Time 0, October 30 2015. Initial conditions, price was approximately $46.14
|
||||
|
||||
- Time 1, July 29, 2016. Price dropped approximately 33% from about $46.14 and leveled out around $30.76
|
||||
|
||||
- Time 2, April 6, 2018. Price dropped by approximately 50 percent from $30.76 and leveled out around $15.38
|
||||
|
||||
- Time 3, Aug. 9 2019. Price dropped 75 percent from approximately $15.38 and leveled out around $3.85
|
||||
|
||||
[](https://preview.redd.it/jenb5en592a71.png?width=896&format=png&auto=webp&s=da1d4898f8ee2c771d437d167bc12ad954e362ff)
|
||||
|
||||
Price Chart
|
||||
|
||||
-----------------------------------------------------------------------------------------------
|
||||
|
||||
D. Equations and Variables
|
||||
|
||||
*FINNERTY FORMULAS*
|
||||
|
||||
These were closely examined in previous posts.
|
||||
|
||||
[](https://preview.redd.it/w3fbaf2962a71.png?width=875&format=png&auto=webp&s=836d4bf51d27178da145dbcd418774628918a6b6)
|
||||
|
||||
Quantity Shorted
|
||||
|
||||
*HOW IS B DETERMINED?*
|
||||
|
||||
Also examined in previous posts.
|
||||
|
||||
[](https://preview.redd.it/p5a216lr62a71.png?width=863&format=png&auto=webp&s=bf11d3228ae16f8e4f8e34bcc3fedf78c471b5e1)
|
||||
|
||||
Elasticity
|
||||
|
||||
*HOW IS A DETERMINED*
|
||||
|
||||
[](https://preview.redd.it/74xghtf972a71.png?width=877&format=png&auto=webp&s=d9a72646f9e7b0d7800d73cc584f52b9aa2dec5e)
|
||||
|
||||
Variable A
|
||||
|
||||
*HOW IS L DETERMINED*
|
||||
|
||||
[](https://preview.redd.it/66ockp4n72a71.png?width=885&format=png&auto=webp&s=dc91a802870b1c531ae45c65e78061f1c782edfe)
|
||||
|
||||
Variable L
|
||||
|
||||
*HOW H IS DETERMINED*
|
||||
|
||||
[](https://preview.redd.it/wg1yccku72a71.png?width=899&format=png&auto=webp&s=f51208f3bcb63d6c3093677ebedf4d6c6b3c9218)
|
||||
|
||||
Variable H
|
||||
|
||||
-----------------------------------------------------------------------------------------------
|
||||
|
||||
E. Results
|
||||
|
||||
*LOW ESTIMATE*
|
||||
|
||||
(In millions of shares; negative numbers imply that they decreased their position)
|
||||
|
||||
Chart 1.
|
||||
|
||||
| Time | Quantity Shorted (Q) |
|
||||
| --- | --- |
|
||||
| 1 | 51.788 |
|
||||
| 2 | 51.793 |
|
||||
| 3 | -18.912 |
|
||||
|
||||
Chart 2.
|
||||
|
||||
| Total Q at Time 2 | 103.58 |
|
||||
| --- | --- |
|
||||
| SI at Time 2 | 147% |
|
||||
| Total Q at Time 3 | 84.67 |
|
||||
| SI at Time 3 | 120% |
|
||||
|
||||
*HIGH ESTIMATE*
|
||||
|
||||
Chart 3.
|
||||
|
||||
| Time | Quantity Shorted (Q) |
|
||||
| --- | --- |
|
||||
| 1 | 51.788 |
|
||||
| 2 | 51.793 |
|
||||
| 3 | 122.49 |
|
||||
|
||||
Chart 4.
|
||||
|
||||
| Total Q at Time 2 | 103.58 |
|
||||
| --- | --- |
|
||||
| SI at Time 2 | 147% |
|
||||
| Total Q at Time 3 | 226.07 |
|
||||
| SI at Time 3 | 320% |
|
||||
|
||||
*AVERAGE OF H AND L*
|
||||
|
||||
Chart 5.
|
||||
|
||||
| Time | Quantity Shorted (Q) |
|
||||
| --- | --- |
|
||||
| 1 | 51.788 |
|
||||
| 2 | 51.793 |
|
||||
| 3 | 51.788 |
|
||||
|
||||
Chart 6.
|
||||
|
||||
| Total Q at Time 2 | 103.58 |
|
||||
| --- | --- |
|
||||
| SI at Time 2 | 147% |
|
||||
| Total Q at Time 3 | 155.37 |
|
||||
| SI at Time 3 | 220% |
|
||||
|
||||
F. Conclusion
|
||||
|
||||
Notice how that by time 2, when the price halves they had shorted more shares than shares outstanding.
|
||||
|
||||
Additionally, the best estimate we have of pre-Sneeze SI is from the Robinhood filing that lists ~225%. The average value was consistent with that.
|
||||
|
||||
I used this timeframe of estimates as a calibration of sorts and the model seems to hold here.
|
||||
|
||||
G. Next Post
|
||||
|
||||
I'll use the method described here to estimate how many shares were shorted during the Sneeze. The following post will cover after the Sneeze up to mid April 2021
|
||||
|
||||
H. TL;DR
|
||||
|
||||
[](https://preview.redd.it/kzvj5fxzd2a71.png?width=942&format=png&auto=webp&s=919c30110dbfbc4d746b16c59ed5ae95f5e0d4a4)
|
||||
|
||||
I DID NOT MAKE THIS! ORIGINAL MEME POSTED BY u/Archisaurus, https://www.reddit.com/r/Superstonk/comments/oev08e/this_is_my_brain_going_through_the_due_diligence/
|
||||
|
||||
I DID NOT MAKE THIS MEME TEMPLATE! CREDIT IN THE CAPTION!
|
@ -0,0 +1,227 @@
|
||||
The Chronicles Of Short & Shorter, Ep. 2: During the January Sneeze
|
||||
===================================================================
|
||||
|
||||
| Author | Source |
|
||||
| :-------------: |:-------------:|
|
||||
| [u/nydus_erdos](https://www.reddit.com/user/nydus_erdos/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/oh8fcz/the_chronicles_of_short_shorter_ep_2_during_the/) |
|
||||
|
||||
---
|
||||
|
||||
|
||||
[DD 👨🔬](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22DD%20%F0%9F%91%A8%E2%80%8D%F0%9F%94%AC%22&restrict_sr=1)
|
||||
|
||||
Disclaimer: Not financial advice. I've put a disproportionate amount of time into this for free, I clearly do not make good decisions. Though I continually strive to improve this model it is, at best, just fancier napkin math.
|
||||
|
||||
--------------------------------------------------------------------------------------------------------------------------------------------------------
|
||||
|
||||
Quick Descriptions of my Previous Posts, if something doesn't make sense its probably in here:
|
||||
|
||||
[Math Black Magic, Vol. 1: Why It Is Mathematically Impossible for Hedgies To Unfuk Themselves](https://www.reddit.com/r/Superstonk/comments/nw8281/math_black_magic_vol_1_why_it_is_mathematically/)
|
||||
|
||||
- If you only read one post, read this one
|
||||
|
||||
- TL;DR => Finance professor John Finnerty mathematically proves that it's impossible to short a stock to zero without naked shorting at least as many shares as there are outstanding, doubling the float in the process.
|
||||
|
||||
[Math Black Magic, Vol 2: The Limit Does Not Exist!](https://www.reddit.com/r/Superstonk/comments/nwy0oz/math_black_magic_vol_2_the_limit_does_not_exist/)
|
||||
|
||||
- This one touches on the price pattern of the short attacks
|
||||
|
||||
- TL;DR => At this point, the number of shares needed to short $GME to zero does not mathematically exist.
|
||||
|
||||
[Math Black Magic, Vol. 3: Trillion Short Share Seance](https://www.reddit.com/r/Superstonk/comments/nya5ps/math_black_magic_vol_3_trillion_short_share_seance/)
|
||||
|
||||
- TL;DR => I try to make estimates of shares shorted based on the known equations and data at that time. I stand by the methods, but they needed more refinement. Which leads to the following volume...
|
||||
|
||||
[Math Black Magic, Final Vol: Epilogue](https://www.reddit.com/r/Superstonk/comments/odrnbv/math_black_magic_final_vol_epilogue/)
|
||||
|
||||
- TL;DR => I made this post as a sort of correction. I went through the model again and tightened it up and got an answer I feel much more confident in
|
||||
|
||||
[Malleus Oeconomica: A Compressed Primer](https://www.reddit.com/r/Superstonk/comments/of1lz2/malleus_oeconomica_a_compressed_primer/)
|
||||
|
||||
- In Short & Shorter, I use several economic concepts and equations that need a little explaining first.
|
||||
|
||||
- TL;DR => This is already a compressed post. I can't really put it any simpler than I do in the post.
|
||||
|
||||
[The Chronicles of Short & Shorter, Ep. 1: During the January Sneeze](https://www.reddit.com/r/Superstonk/comments/ogi75b/the_chronicles_of_short_shorter_ep_1_before_the/)
|
||||
|
||||
- This is the first step of the process from which I got my revised shares shorted count. I try to dissect their shorting strategy and quantity shorted from 2015 to before the January Sneeze.
|
||||
|
||||
- This post could really use some love as it got downvoted to oblivion by shills.
|
||||
|
||||
- TL;DR => scroll to bottom of this post
|
||||
|
||||
-----------------------------------------------------------------------------------------------
|
||||
|
||||
A. Intro
|
||||
|
||||
This is still stuck in my head from the last post. Once again very sorry:
|
||||
|
||||
([Begin drum loop](https://www.youtube.com/watch?v=JgLcJFad90I))
|
||||
|
||||
Absolutely nobody: Hey Nydus, can you tell us a bedtime story?
|
||||
|
||||
Ok, heeerrre we go:
|
||||
|
||||
Once upon a time not long ago
|
||||
|
||||
When people went long and invested slow
|
||||
|
||||
When laws were stern and justice stood
|
||||
|
||||
And people were investin' like they ought to: good
|
||||
|
||||
There was little Gabe who broke his bread
|
||||
|
||||
With another Kenny boy and this is what he said:
|
||||
|
||||
"Me, you and Steve are gonna make some G's
|
||||
|
||||
Shorting inelastic curves and makin' FTDs"
|
||||
|
||||
[](https://preview.redd.it/rlpmt8sv5aa71.png?width=960&format=png&auto=webp&s=a65ee9fcfc3acc396a6d44fa3158faa631903807)
|
||||
|
||||
I DID NOT MAKE THIS! IT WAS ORIGINALLY POSTED BY u/MisterFinishLine.! https://www.reddit.com/r/Superstonk/comments/nii1s6/short_shorter/
|
||||
|
||||
-----------------------------------------------------------------------------------------------
|
||||
|
||||
B. Timeframe
|
||||
|
||||
- (Magenta circles denote time points)
|
||||
|
||||
- Time 0 - Squeeze peaked Jan. 27; P(0) = $357.51
|
||||
|
||||
- Buy Button turned off Jan. 28
|
||||
|
||||
- Time 1 - Feb 1 (3 trading days from time 0); P(1) = $214.51
|
||||
|
||||
- Time 2 - Feb 3 (5 trading days from time 0); P(2) = $85.80
|
||||
|
||||
- Time 3 - Feb 4 (6 trading days from time 0); P(3) = $51.48
|
||||
|
||||
- On approximately Feb. 10 (10 days from time 0) price settled out at ~$45
|
||||
|
||||
[](https://preview.redd.it/hx80j4xz5aa71.png?width=1085&format=png&auto=webp&s=7c8f2959588bd59a9430a81f24969f41a34bbe28)
|
||||
|
||||
Time Frame
|
||||
|
||||
-----------------------------------------------------------------------------------------------
|
||||
|
||||
C. Additional Assumptions
|
||||
|
||||
The full list of my assumptions can be found in Ep. 1. See links at top of post.
|
||||
|
||||
*SHORT ATTACK MAGNITUDE IS ALWAYS MAXIMUM*
|
||||
|
||||
In the last post, I mentioned an excerpt from Finnerty's paper, which should sound familiar:
|
||||
|
||||
> "...suppose the manipulator realizes at time 2 that the firm's share price the next period will be *H*, rather than *L* as originally expected, say, due to favorable developments in the firm's business. Suppose further that the securities regulators or the clearing house require all securities dealers to clear up all fails to deliver. The manipulator would face potentially large losses on his short sales. By short selling an additional *2A/(3B)* shares at time 2, he can drive the share price close to zero." (Pg. 56, par. 3)
|
||||
|
||||
The quantity *2A/3B* is double the amount the manipulator usually sells at time 2, which indicates to me that they have to increase the magnitude of their short attacks to compensate for the change to a higher value. I will not be using the quantity strategy described above as its mathematical parameters are different, but the I feel the circumstantial similarity provides reasonable basis to assume that during and after the Sneeze, they were always shorting the maximum amount of shares.
|
||||
|
||||
With all this in mind, and the fact that GME is a *H* company, I will no longer calculate/use variable *L*.
|
||||
|
||||
*ELASTIC DEMAND CURVE*
|
||||
|
||||
This assumptions ONLY applies to during the Sneeze as a result of them turning off the buy button. Using the elastic coefficient resulted in the lowest reasonable estimates as well. This makes sense as they can manipulate an elastic demand curve with less shares.
|
||||
|
||||
-----------------------------------------------------------------------------------------------
|
||||
|
||||
D. Price Pattern
|
||||
|
||||
With buy pressure pretty much neutralized. Its hard for me to judge the how much each contributed to price drop. I tried to identify if there were any clear trends. The first attack dropped price by 40 percent (normally it drops 33 percent), the second by 60 percent (normally it drops 50 percent) and the third by 40 percent (normally takes price close to zero). Not too much deviation, in fact, I expected more, but I assume that letting us buy limited amounts of shares on the way down stiffened out demand curve a little to maximize their profit.
|
||||
|
||||
-----------------------------------------------------------------------------------------------
|
||||
|
||||
E. Equations & Variables
|
||||
|
||||
FINNERTY FORMULAS
|
||||
|
||||
[](https://preview.redd.it/639fdtm76aa71.png?width=919&format=png&auto=webp&s=aaef42f88d1fa548228c36058666c33e0cc43d63)
|
||||
|
||||
Quantity Shorted
|
||||
|
||||
VARIABLE *B*
|
||||
|
||||
[](https://preview.redd.it/wsffrq9d6aa71.png?width=977&format=png&auto=webp&s=41b1023387afaef03ffa27804d227684807f2e83)
|
||||
|
||||
Elasticity
|
||||
|
||||
[](https://preview.redd.it/qzp3pn2k6aa71.png?width=851&format=png&auto=webp&s=7351cf0e65d49b0a9f5dbf9f1e4c4b81fe6b29aa)
|
||||
|
||||
Variable B
|
||||
|
||||
VARIABLE *A*
|
||||
|
||||
[](https://preview.redd.it/lxb615ps6aa71.png?width=980&format=png&auto=webp&s=20b127a5820b6fc1a3dc5f31c05997bb30a01cc8)
|
||||
|
||||
Variable A
|
||||
|
||||
VARIABLE *H*
|
||||
|
||||
[](https://preview.redd.it/weweuttv6aa71.png?width=949&format=png&auto=webp&s=02d60421b9608da3c743857227e8943251a5f8b2)
|
||||
|
||||
Variable H
|
||||
|
||||
-----------------------------------------------------------------------------------------------
|
||||
|
||||
F. Results
|
||||
|
||||
(Share counts in millions)
|
||||
|
||||
Chart 1: Shares Shorted During Sneeze
|
||||
|
||||
| Time (t) | Quantity Shorted |
|
||||
|
||||
| --- | --- |
|
||||
|
||||
| Time 1 | 62.642 |
|
||||
|
||||
| Time 2 | 62.648 |
|
||||
|
||||
| Time 3 | 133.35 |
|
||||
|
||||
Chart 2: Totals from During Sneeze ONLY
|
||||
|
||||
| Total Shorted Shares at Time 2 | 125.29 |
|
||||
|
||||
| --- | --- |
|
||||
|
||||
| SI at Time 2 | 177% |
|
||||
|
||||
| Total Shorted Shares at Time 3 | 258.64 |
|
||||
|
||||
| SI at Time 3 | 366% |
|
||||
|
||||
Chart 3: Cumulative Counts (Pre-Sneeze + During Sneeze)
|
||||
|
||||
| Shares Shorted from Pre-Sneeze | 155.37 |
|
||||
|
||||
| --- | --- |
|
||||
|
||||
| Pre-Sneeze SI | 220% |
|
||||
|
||||
| Cumulative Shorted Shares at this Point | 414.01 |
|
||||
|
||||
| Cumulative SI at this Point | 586% |
|
||||
|
||||
-----------------------------------------------------------------------------------------------
|
||||
|
||||
G. Conclusions
|
||||
|
||||
Notice how that by time 2, when the price halves they had shorted more shares than shares outstanding and by the end of time 3 they have shorted about the same amount of shares they had shorted Pre-Sneeze.
|
||||
|
||||
The more I extrapolate I assume my margin of error grows, but I still feel confident in these answers. I believe this is where reached a point that they were no longer able to drop us back down to $40. I feel like my hypotheses don't fully explain why though. Input is appreciated.
|
||||
|
||||
-----------------------------------------------------------------------------------------------
|
||||
|
||||
H. Next Post
|
||||
|
||||
We'll look at the time period after the January Sneeze to approximately mid-April 2021
|
||||
|
||||
-----------------------------------------------------------------------------------------------
|
||||
|
||||
I. TL;DR
|
||||
|
||||
[](https://preview.redd.it/gnbf87om5aa71.png?width=942&format=png&auto=webp&s=8908903c227c14ef950e94142d9d65589ac21ca0)
|
||||
|
||||
I DID NOT MAKE THIS! ORIGINAL MEME POSTED BY u/Archisaurus, https://www.reddit.com/r/Superstonk/comments/oev08e/this_is_my_brain_going_through_the_due_diligence/
|
@ -0,0 +1,163 @@
|
||||
The Daily Stonk 07-02-2021
|
||||
==========================
|
||||
|
||||
| Author | Source |
|
||||
| :-------------: |:-------------:|
|
||||
| [u/rensole](https://www.reddit.com/user/rensole/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/oc6lop/the_daily_stonk_07022021/) |
|
||||
|
||||
---
|
||||
|
||||
|
||||
[Daily News 🦍💎🙌🚀](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Daily%20News%20%F0%9F%A6%8D%F0%9F%92%8E%F0%9F%99%8C%F0%9F%9A%80%22&restrict_sr=1)
|
||||
|
||||
[](https://preview.redd.it/k02mc5nalr871.png?width=1600&format=png&auto=webp&s=a3c5722239db16c51bdf2bbf7f02963b25e6536a)
|
||||
|
||||
Good Morning San Diago,
|
||||
|
||||
I am Rensole and this is your daily news.
|
||||
|
||||
Does anyone smell that?
|
||||
|
||||
*insert flashy intro card*
|
||||
|
||||
[](https://preview.redd.it/b0pvlzhclr871.png?width=680&format=png&auto=webp&s=06012c83ef71935dbc96b242514bc7533ef0b9eb)
|
||||
|
||||
Reverse repo's
|
||||
|
||||
[](https://preview.redd.it/02x2wp5ilr871.png?width=685&format=png&auto=webp&s=61072dcfff6c9ff5fab9e1b60ad0a21cd967caa7)
|
||||
|
||||
742 billion usd with 70 counterparties.
|
||||
|
||||
[](https://preview.redd.it/dpfzd8n1qr871.png?width=1200&format=png&auto=webp&s=a30b00c91c2d1428b9baf6e1f2829ca2e680c576)
|
||||
|
||||
credit to u/ChemicalFist
|
||||
|
||||
Gamestop changes logo
|
||||
|
||||
It seems that GME changed it's logo from white and red to just white.
|
||||
|
||||
[u/Schborti](https://www.reddit.com/u/Schborti/) even reached out to them and asked what it's about and got this reply
|
||||
|
||||
[](https://preview.redd.it/dswfiln0mr871.png?width=1125&format=png&auto=webp&s=4b22a713c2c9f6f56be24155f546ea1a2f68f3e4)
|
||||
|
||||
They even posted video proof that it was indeed from within the app and not just a photoshop.
|
||||
|
||||
Gamestop Form 3 filing
|
||||
|
||||
<https://gamestop.gcs-web.com/node/19066/html>
|
||||
|
||||
Matthew Furlong now officially the CEO.
|
||||
|
||||
Letsgo!
|
||||
|
||||
[](https://preview.redd.it/1whn7o05qr871.png?width=700&format=png&auto=webp&s=35f13f644004c031cfe756297a3bd5ed7ba9d602)
|
||||
|
||||
credit to u/apatisda
|
||||
|
||||
Vlad the stock impaler is in trouble.
|
||||
|
||||
In the past week Robinghood has become a hot topic once again, having disclosed they have settled for 70 million usd for misleading customers in the past few years, but wait there's more!
|
||||
|
||||
<https://www.vice.com/en/article/wx5p8z/feds-seized-robinhood-ceos-phone-in-gamestop-trading-halt-investigation>
|
||||
|
||||
In its filing, Robinhood states that the fallout from these restrictions still have the potential to be disastrous for the company. "We have become aware of approximately 50 putative class actions ... relating to the Early 2021 Trading Restrictions. The complaints generally allege breach of contract, breach of the implied covenant of good faith and fair dealing, negligence, breach of fiduciary duty and other common law claims. Several complaints further allege federal securities claims, federal and state antitrust claims and certain state consumer protection claims based on similar factual allegations," the S-1 states.
|
||||
|
||||
The best part:
|
||||
|
||||
The company said that the incident was bad for the company and "resulted in negative media attention, customer dissatisfaction, litigation and regulatory and U.S. Congressional inquiries and investigations, capital raising by us in order to lift the trading restrictions while remaining in compliance with our net capital and deposit requirements and reputational harm.
|
||||
|
||||
*We cannot assure that similar events will not occur in the future."*
|
||||
|
||||
If this last statement is not a sign to get out of Robbing the Hood, I don't know what would.
|
||||
|
||||
Seems that the The company also said it is under investigation by a series of regulators, state attorneys general, the SEC, and the U.S. Department of Justice in proceedings associated with the trading restrictions; the company said its CEO Vladimir Tenev has also had his cell phone seized by federal attorneys.
|
||||
|
||||
Seems like Vladdy boy may be in trouble, and now that so many agencies are involved would also be the reason we have not yet heard anything about it, this could be them gearing up to use RICO or something else, once a taskforce is set up or a multi agency operation you wont hear anything happen until it's over, as talking about their actions could jeopardize the investigation.
|
||||
|
||||
And with their IPO documents more came out, like how Citadel owns 1/3rd of them.
|
||||
|
||||
[](https://preview.redd.it/wjzw3pa0or871.png?width=1130&format=png&auto=webp&s=5a8c5d2a11de42a228df375bb3985f6a90e7cefa)
|
||||
|
||||
source: Zerohedge
|
||||
|
||||
[](https://preview.redd.it/mr5scykknr871.png?width=640&format=png&auto=webp&s=4fa6960aa0ec8b3b09720ee2d2e062add044fa2c)
|
||||
|
||||
And Kenny to!
|
||||
|
||||
<https://nypost.com/2021/06/30/bidens-big-business-crackdown-bad-for-wall-street-behemoths-sources/>
|
||||
|
||||
It seems that the US president wants to crack down on Kenny boy and others like him.
|
||||
|
||||
Because it seems some banks have been doing some bad stuff over the past years
|
||||
|
||||
[](https://preview.redd.it/9g100mk8or871.png?width=460&format=png&auto=webp&s=d762d032c6f4f3988dd3fb2f64ee353314fab1a2)
|
||||
|
||||
[](https://preview.redd.it/mcbdojvdor871.png?width=458&format=png&auto=webp&s=0731564af50769c00da46426424c5bbb83e2fee2)
|
||||
|
||||
<https://www.reddit.com/r/Superstonk/comments/obvp75/citi_goldman_other_banks_accused_of_cds_antitrust/>
|
||||
|
||||
But wait the main underwriters for Robinhoods IPO are Goldman, JP morgan, Barclays and Citigroup... those are all named on the antitrust lawsuits as well 🤔 hmm this is making my wrinkle crinkle
|
||||
|
||||
[](https://preview.redd.it/ntktmyxbqr871.png?width=1188&format=png&auto=webp&s=34c0ed8793375ab12cc531a2016bf53d3c8c8b3c)
|
||||
|
||||
credit to u/Christothetee
|
||||
|
||||
After hour spikes
|
||||
|
||||
<https://www.reddit.com/r/Superstonk/comments/obwer9/can_i_get_a_wrinkled_brain_spike_across_the/?utm_source=share&utm_medium=ios_app&utm_name=iossmf>
|
||||
|
||||
GME spiked up heavily at around 4:40, but it seems others spiked down at the same time... seems funny
|
||||
|
||||
Now seeing it's friday and Monday the Nasdaq will be closed have a nice long weekend everyone!Enjoy the shit out of all your hobbies and things you like to do, see you all on tuesday!
|
||||
|
||||
[](https://preview.redd.it/8dbslrifqr871.png?width=554&format=png&auto=webp&s=1324cccfa4392718a4e62b09f2241aa51c882be6)
|
||||
|
||||
EXCELLENT!
|
||||
|
||||
Be friendly, help others!
|
||||
|
||||
as always we are here from all different walks of life and all different countries.
|
||||
|
||||
This doesn't matter as we are all apes in here, and apes are friends.
|
||||
|
||||
Doesn't matter if you're a silverback a chimp or a bonobo.
|
||||
|
||||
We help each other, we care for each other.
|
||||
|
||||
Ape don't fight ape, apes help other apes
|
||||
|
||||
this helps us weed out the shills really fast, as if everyone is helpful, the ones who aren't stand out.
|
||||
|
||||
remember the fundamentals of this company are great, so for the love of god if someone starts with trying to spread FUD, remind yourself of the fundamentals.
|
||||
|
||||
There is no sense of urgency, this will come when it comes, be a week, be it a month be it six.
|
||||
|
||||
We don't care, just be nice and lets make this community as Excellent as we can!
|
||||
|
||||
Remember one of the only ways to counter the Cointelpro we have seen is by being overly nice, so treat all the other apes as if you're dating and you wanna get to first base.
|
||||
|
||||
[](https://preview.redd.it/tv148lciqr871.png?width=400&format=png&auto=webp&s=236473d34796130e19e119eee2deb51ff0930e35)
|
||||
|
||||
remember none of this is financial advice, I'm so retarded I'm not allowed to go to the zoo 'cause they'll put me in the cage with the rest of my ape brothers.
|
||||
|
||||
If anything happens throughout the day we will be adding it here.
|
||||
|
||||
backups:
|
||||
|
||||
<https://twitter.com/rensole>
|
||||
|
||||
<https://twitter.com/PinkCatsOnAcid>
|
||||
|
||||
<https://twitter.com/RedChessQueen99>
|
||||
|
||||
<https://twitter.com/ByeTriangle>
|
||||
|
||||
<https://twitter.com/u_sharkbaitlol>
|
||||
|
||||
<https://twitter.com/BradduckF>
|
||||
|
||||
Edit 1:
|
||||
|
||||
<https://www.youtube.com/channel/UCKrIi5L8o5JFdjR1UlwLidg>
|
||||
|
||||
This is a live stream of $GME on Bookmap trading application that measures liquidity in the market. The green triangles (Calls) and red triangles (Puts) are live options trades with the contract size in the center. The bottom line indicator in green (HIRO Cumulative) is an accumulation of those options as a hedging pressure. An upward trend on the green line when it crosses the red is a (Bullish) signal as HFs have to short stock, buy futures, or use options to hedge the line to flatten out representing delta neutral. The green and red lines are live buy's and sells coming in between the candle sticks which allow us to see double bottoms or topping patterns. Lastly, you can see order book flow on the right when strong buying is coming in and volume at the top right and bottom of each candle.
|
@ -0,0 +1,145 @@
|
||||
The Daily Stonk 07-06-2021
|
||||
==========================
|
||||
|
||||
| Author | Source |
|
||||
| :-------------: |:-------------:|
|
||||
| [u/rensole](https://www.reddit.com/user/rensole/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/oerfpr/the_daily_stonk_07062021/) |
|
||||
|
||||
---
|
||||
|
||||
|
||||
[Daily News 🦍💎🙌🚀](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Daily%20News%20%F0%9F%A6%8D%F0%9F%92%8E%F0%9F%99%8C%F0%9F%9A%80%22&restrict_sr=1)
|
||||
|
||||
[](https://preview.redd.it/6tv9n2023k971.png?width=1600&format=png&auto=webp&s=e7d41e9b0472d64c3baaf515a68cbcc405748dbb)
|
||||
|
||||
Good Morning San Diago,
|
||||
|
||||
I am Rensole and this is your daily news.
|
||||
|
||||
Does anyone smell that?
|
||||
|
||||
*insert flashy intro card*
|
||||
|
||||
[](https://preview.redd.it/jvbsr1y33k971.png?width=680&format=png&auto=webp&s=9fbe18b287ea334f1c04e92f0e7045ed390c7c0b)
|
||||
|
||||
The reverse repo's
|
||||
|
||||
[](https://preview.redd.it/8sc0ui1c3k971.png?width=688&format=png&auto=webp&s=95f0c1236f6cef31bb3bdabf8d75eeb00df90ac2)
|
||||
|
||||
seems like the weekend was a quiet one for change
|
||||
|
||||
Peek-a-boo! I see 103M hidden shorts
|
||||
|
||||
[u/WhatCanIMakeToday](https://www.reddit.com/u/WhatCanIMakeToday/) made a thead [here](https://www.reddit.com/r/Superstonk/comments/oenvoh/peekaboo_i_see_103m_hidden_shorts_part_deux/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)
|
||||
|
||||
His post goes into checking the married puts/calls action, worthless OTM married puts are to hide short interest and Deep ITM calls are to hide/reset FTD's and after Feb 1'st they went up quite a bit.
|
||||
|
||||
It's an interesting read and idea that they indeed try to hide their short position with deep itm/otm married puts and calls.
|
||||
|
||||
[](https://preview.redd.it/dwnri9mr7k971.png?width=720&format=png&auto=webp&s=a8230fbd2f2721f046cd82064813d5aa4398a0c7)
|
||||
|
||||
The apes of the group
|
||||
|
||||
[u/zedinstead](https://www.reddit.com/u/zedinstead/) made a list of all the apes and what they do in the sub, it's good to keep this aside just in case it ever becomes useful for you, it's ranging from dank memelords to people who post TA.
|
||||
|
||||
the list can be found [here](https://www.reddit.com/r/Superstonk/comments/oek6xl/im_just_a_guy_that_likes_the_stock_and_likes_to/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)
|
||||
|
||||
[](https://preview.redd.it/fnvsu0qt7k971.png?width=1080&format=png&auto=webp&s=0bcd8e88f5e621def441bf0f802f8cb50648843d)
|
||||
|
||||
no one is quite sure what it means...
|
||||
|
||||
US stock falling down
|
||||
|
||||
<https://www.afr.com/markets/equity-markets/goldman-sachs-predicts-us-shares-to-begin-falling-20210705-p586yf>
|
||||
|
||||
Now goldman is predicting that the us shares will fall soon, now isn't that a thing 🤔
|
||||
|
||||
But wait there is more.
|
||||
|
||||
Reuters is reporting that our current situation isn't unlike other situations we've had before, mainly the crashes, but this time it's worse.
|
||||
|
||||
<https://www.reuters.com/breakingviews/chancellor-this-time-isnt-different-scarier-2021-06-03/>
|
||||
|
||||
(also this is written by Edward Chancellor not THE chancellor)
|
||||
|
||||
And the Zoltan also saying there is danger on the horizon
|
||||
|
||||
<https://www.wsj.com/articles/credit-suisses-zoltan-warns-of-trouble-ahead-in-money-markets-11625391002>
|
||||
|
||||
Now if I were a wrinkled ape, I would think this spells out danger for the banks/stockmarket in the months to come. but I know I'm smoothbrained at best
|
||||
|
||||
[](https://preview.redd.it/y531tywu5k971.png?width=596&format=png&auto=webp&s=45cccf8065baa9b34f39fae309f98b623d3c4762)
|
||||
|
||||
[](https://preview.redd.it/baxpq78f6k971.png?width=4096&format=png&auto=webp&s=68a0f9c52e856430c184eb047357e7047b4b3544)
|
||||
|
||||
Daily Short volume by <https://twitter.com/Annihil4tionGod>
|
||||
|
||||
[](https://preview.redd.it/2ou631tk6k971.png?width=4096&format=png&auto=webp&s=b1e0d6893c41344d53aaca658ca4650b2557ae63)
|
||||
|
||||
RC's tweets are timed with ETF FTDs
|
||||
|
||||
[u/dentisttft](https://www.reddit.com/u/dentisttft/) also has a theory that he might need some more eyes on, because perhaps this one holds true, and we can fill in the blanks were needed, or it's false and we can see why.
|
||||
|
||||
Either way it's interesting as hell to think about and think that there may be something there
|
||||
|
||||
You can check out his thread [here](https://www.reddit.com/r/Superstonk/comments/oeahh2/rcs_tweets_are_timed_with_etf_ftds/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)
|
||||
|
||||
[](https://preview.redd.it/xk1lno7y8k971.png?width=799&format=png&auto=webp&s=648c8daad71b0bb7ecfadcf5f02fafa80b30f7ff)
|
||||
|
||||
Technical TA math stuff
|
||||
|
||||
[u/MOSfriedeggs](https://www.reddit.com/u/MOSfriedeggs/) made a TA, which shows mostly bullish signals, and even something that's even more rare then we normally see in TA Historical Volatility Percentile signal was given off last month, meaning we could see some big rips in the coming weeks.
|
||||
|
||||
Check out his thread [here](https://www.reddit.com/r/Superstonk/comments/od7swq/wen_moon_10_endgame_final_ta/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)
|
||||
|
||||
[](https://preview.redd.it/pmfn665z8k971.png?width=554&format=png&auto=webp&s=8be07f86f0a4a67e9bb3e2c28dabc2258eee5bdc)
|
||||
|
||||
EXCELLENT!
|
||||
|
||||
Be friendly, help others!
|
||||
|
||||
as always we are here from all different walks of life and all different countries.
|
||||
|
||||
This doesn't matter as we are all apes in here, and apes are friends.
|
||||
|
||||
Doesn't matter if you're a silverback a chimp or a bonobo.
|
||||
|
||||
We help each other, we care for each other.
|
||||
|
||||
Ape don't fight ape, apes help other apes
|
||||
|
||||
this helps us weed out the shills really fast, as if everyone is helpful, the ones who aren't stand out.
|
||||
|
||||
remember the fundamentals of this company are great, so for the love of god if someone starts with trying to spread FUD, remind yourself of the fundamentals.
|
||||
|
||||
There is no sense of urgency, this will come when it comes, be a week, be it a month be it six.
|
||||
|
||||
We don't care, just be nice and lets make this community as Excellent as we can!
|
||||
|
||||
Remember one of the only ways to counter the Cointelpro we have seen is by being overly nice, so treat all the other apes as if you're dating and you wanna get to first base.
|
||||
|
||||
[](https://preview.redd.it/g6z3wh119k971.png?width=400&format=png&auto=webp&s=dfb1c6d1204518d6404068c60ddc2cb7a54cd0b3)
|
||||
|
||||
remember none of this is financial advice, I'm so retarded I'm not allowed to go to the zoo 'cause they'll put me in the cage with the rest of my ape brothers.
|
||||
|
||||
If anything happens throughout the day we will be adding it here.
|
||||
|
||||
backups:
|
||||
|
||||
<https://twitter.com/rensole>
|
||||
|
||||
<https://twitter.com/PinkCatsOnAcid>
|
||||
|
||||
<https://twitter.com/RedChessQueen99>
|
||||
|
||||
<https://twitter.com/ByeTriangle>
|
||||
|
||||
<https://twitter.com/u_sharkbaitlol>
|
||||
|
||||
<https://twitter.com/BradduckF>
|
||||
|
||||
Edit 1:
|
||||
|
||||
Gamestop continues expansion of their fulfillment network
|
||||
|
||||
<https://gamestop.gcs-web.com/news-releases/news-release-details/gamestop-continues-expansion-fulfillment-network-new-facility>
|
@ -0,0 +1,147 @@
|
||||
The Daily Stonk 07-07-2021
|
||||
==========================
|
||||
|
||||
| Author | Source |
|
||||
| :-------------: |:-------------:|
|
||||
| [u/rensole](https://www.reddit.com/user/rensole/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/offtnj/the_daily_stonk_07072021/) |
|
||||
|
||||
---
|
||||
|
||||
|
||||
[Daily News 🦍💎🙌🚀](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Daily%20News%20%F0%9F%A6%8D%F0%9F%92%8E%F0%9F%99%8C%F0%9F%9A%80%22&restrict_sr=1)
|
||||
|
||||
[](https://preview.redd.it/zfdj0ax2gr971.png?width=1600&format=png&auto=webp&s=e282525a136a7d36a6f9f4606924b90ce3f98d0c)
|
||||
|
||||
Good Morning San Diago,
|
||||
|
||||
I am Rensole and this is your daily news.
|
||||
|
||||
Does anyone smell that?
|
||||
|
||||
*insert flashy intro card*
|
||||
|
||||
[](https://preview.redd.it/ie5djvg5gr971.png?width=680&format=png&auto=webp&s=137fd902420ae0c303c480910ee16f1d6319f65c)
|
||||
|
||||
[](https://preview.redd.it/9vvet6yggr971.png?width=900&format=png&auto=webp&s=8e49eae16bda56688cf8e726da086946bb4c27cd)
|
||||
|
||||
me irl atm
|
||||
|
||||
The reverse Repo's
|
||||
|
||||
[](https://preview.redd.it/t3os97pcgr971.png?width=640&format=png&auto=webp&s=ecb7397afe346ef086b04a67dc8c5fdd4bda02a7)
|
||||
|
||||
GME Form 4 07-06-2021
|
||||
|
||||
[](https://preview.redd.it/8zxe1z98hr971.png?width=960&format=png&auto=webp&s=13f9601dea2ff08d937b67fd8c10c0f49bbdb6a6)
|
||||
|
||||
<https://gamestop.gcs-web.com/node/19081/html>
|
||||
|
||||
Matt Furlong got 72,678 Shares These shares are Vested shares like usual
|
||||
|
||||
These shares represent restricted stock units issued to Mr. Furlong by the Issuer. The restricted shares are scheduled to vest as follows: 5% on the first anniversary of the grant date, 15% on the second anniversary of the grant date, and 20% on each of the dates that are 30, 36, 42 and 48 months following the grant date, subject in each case to his continuous service to the Issuer through the applicable vesting date.
|
||||
|
||||
[](https://preview.redd.it/yrdcesksjr971.png?width=225&format=png&auto=webp&s=d8cef0ee83ccd00247321ad2ec22fc9dc5d2afd5)
|
||||
|
||||
The GameStop Discord
|
||||
|
||||
Gamestop launched their own Discord yesterday, and I've seen some issues surrounding that, but I just want to reiterate.
|
||||
|
||||
GameStop's Discord is for gamers, not stock investors.
|
||||
|
||||
Please let the discord be about gaming alone, otherwise they'd most likely close their discord and I feel like creating a Gamestop discord is a step in the right direction imo.
|
||||
|
||||
[](https://preview.redd.it/71wekcpjjr971.png?width=708&format=png&auto=webp&s=ff160f897af3c7ac55c2f4c6d911483a54e935cd)
|
||||
|
||||
NFT stuff
|
||||
|
||||
Again some people don't understand what the hell nft's and crypto's do, I am one of those people, for me it's like magic internet money. but there is an entire thread [here](https://www.reddit.com/r/Superstonk/comments/of20ou/a_deep_dive_into_nftgamestopcom/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)
|
||||
|
||||
Gamestop will announce their own crypto and how to get it, don't trust random coins on the web, trust GME to inform us around the 14th or so, don't trust rando coins.
|
||||
|
||||
[](https://preview.redd.it/yrqm25ieir971.png?width=1242&format=png&auto=webp&s=d97812fe5100c1e78461b8352c81da3bd335ee13)
|
||||
|
||||
Magic beardy man is surprised
|
||||
|
||||
The Reserve Bank of Australia announced today that it would taper its Quantitative Easing.
|
||||
|
||||
[](https://preview.redd.it/lbmuqvtjir971.png?width=640&format=png&auto=webp&s=d87598972f9d61971b2bddf44104e75d66b4da49)
|
||||
|
||||
The Reserve Bank of Australia announced today that it would taper its Quantitative Easing (central bank purchases securities from the market in order to increase the money supply), by reducing weekly purchases of government bonds by A$1 billion a week, to A$4 billion a week.
|
||||
|
||||
as [u/Dismal-Jellyfish](https://www.reddit.com/u/Dismal-Jellyfish/) wrote:
|
||||
|
||||
The Bank of England [announced in May](https://www.bankofengland.co.uk/monetary-policy-summary-and-minutes/2021/may-2021) that it would reduce QE, winding down the bond purchases from £4.4 billion a week to £3.4 billion a week.
|
||||
|
||||
The Bank of England denied that it is reducing QE, calling it an "operational decision" that "should not be interpreted as a change in the stance of monetary policy."
|
||||
|
||||
The reason this does not count, [according to BoE governor Andrew Bailey at the post-meeting press conference](https://www.morningstar.com/news/marketwatch/20210506583/bailey-says-reduction-in-bank-of-england-bond-purchases-isnt-tapering-markets-seem-to-agree), is that the BoE didn't change its "fixed amounts" of its overall QE target of £895 billion, it's just buying less per week to get to this target.
|
||||
|
||||
Seems like they are bracing for inflation, there may be more banks out there taking action right now but we may have overlooked
|
||||
|
||||
[](https://preview.redd.it/cfo05h32kr971.png?width=500&format=png&auto=webp&s=00e43e962e35dd147c3e5e754431ef94f5c00625)
|
||||
|
||||
Unlocked Institutional Holdings per 13F/NPORT filings Update: 7/6/21 (Source: [Fintel.io](https://fintel.io/))
|
||||
|
||||
written by [u/d2blues](https://www.reddit.com/user/d2blues/) in his thread [here](https://www.reddit.com/r/Superstonk/comments/of7smj/unlocked_institutional_holdings_per_13fnport/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)
|
||||
|
||||
It seems to me that this shows that institutional holders have... 39 million shares.
|
||||
|
||||
this feeds my bias so fucking hard.
|
||||
|
||||
[](https://preview.redd.it/qqohvvj3kr971.png?width=554&format=png&auto=webp&s=70a17e3d896795d27acd2ba9bb183816753e0e74)
|
||||
|
||||
EXCELLENT!
|
||||
|
||||
Be friendly, help others!
|
||||
|
||||
as always we are here from all different walks of life and all different countries.
|
||||
|
||||
This doesn't matter as we are all apes in here, and apes are friends.
|
||||
|
||||
Doesn't matter if you're a silverback a chimp or a bonobo.
|
||||
|
||||
We help each other, we care for each other.
|
||||
|
||||
Ape don't fight ape, apes help other apes
|
||||
|
||||
this helps us weed out the shills really fast, as if everyone is helpful, the ones who aren't stand out.
|
||||
|
||||
remember the fundamentals of this company are great, so for the love of god if someone starts with trying to spread FUD, remind yourself of the fundamentals.
|
||||
|
||||
There is no sense of urgency, this will come when it comes, be a week, be it a month be it six.
|
||||
|
||||
We don't care, just be nice and lets make this community as Excellent as we can!
|
||||
|
||||
Remember one of the only ways to counter the Cointelpro we have seen is by being overly nice, so treat all the other apes as if you're dating and you wanna get to first base.
|
||||
|
||||
[](https://preview.redd.it/ja4hmhd5kr971.png?width=400&format=png&auto=webp&s=3c990d76396a9d034f2cc02b70cbf637416f70f5)
|
||||
|
||||
remember none of this is financial advice, I'm so retarded I'm not allowed to go to the zoo 'cause they'll put me in the cage with the rest of my ape brothers.
|
||||
|
||||
If anything happens throughout the day we will be adding it here.
|
||||
|
||||
backups:
|
||||
|
||||
<https://twitter.com/rensole>
|
||||
|
||||
<https://twitter.com/PinkCatsOnAcid>
|
||||
|
||||
<https://twitter.com/RedChessQueen99>
|
||||
|
||||
<https://twitter.com/ByeTriangle>
|
||||
|
||||
<https://twitter.com/u_sharkbaitlol>
|
||||
|
||||
<https://twitter.com/BradduckF>
|
||||
|
||||
Sorry for being a bit later today guys
|
||||
|
||||
[](https://preview.redd.it/tbrfmhhtmr971.png?width=4096&format=png&auto=webp&s=0283c7d9d9eb053117678c6ea14cab1377a6c697)
|
||||
|
||||
Short volume by Annihilationgod.
|
||||
|
||||
Also the Trading beans showing you the options chain for free
|
||||
|
||||
<https://www.youtube.com/channel/UCKrIi5L8o5JFdjR1UlwLidg>
|
||||
|
||||
Thank you to Turdfurg23!
|
@ -0,0 +1,177 @@
|
||||
he Daily Stonk 07-07-2021
|
||||
=========================
|
||||
|
||||
| Author | Source |
|
||||
| :-------------: |:-------------:|
|
||||
| [u/rensole](https://www.reddit.com/user/rensole/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/og3uqf/the_daily_stonk_07072021/) |
|
||||
|
||||
---
|
||||
|
||||
|
||||
[Daily News 🦍💎🙌🚀](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Daily%20News%20%F0%9F%A6%8D%F0%9F%92%8E%F0%9F%99%8C%F0%9F%9A%80%22&restrict_sr=1)
|
||||
|
||||
[](https://preview.redd.it/zytbef77fy971.png?width=1600&format=png&auto=webp&s=477dda9b2535049db4d0bee5c0a27c5f96c16a9e)
|
||||
|
||||
Good Morning San Diago,
|
||||
|
||||
I am Rensole and this is your daily news.
|
||||
|
||||
Does anyone smell that?
|
||||
|
||||
*insert flashy intro card*
|
||||
|
||||
[](https://preview.redd.it/a52ksqs8fy971.png?width=680&format=png&auto=webp&s=d36e3553d83cd303505b3d221fa7fb075b182221)
|
||||
|
||||
The reverse repo's for today
|
||||
|
||||
[](https://preview.redd.it/gzhjoz7lfy971.png?width=960&format=png&auto=webp&s=d27a2d7e447324c2f2a7cfccb5f927900ce34545)
|
||||
|
||||
The moon patrol
|
||||
|
||||
[](https://preview.redd.it/japxpopvfy971.png?width=1440&format=png&auto=webp&s=8f879c48b7f20e068f58de9366e84ddb13013442)
|
||||
|
||||
<https://go.minehut.com/moonjam>
|
||||
|
||||
Brick by minecraft Brick, Moonjam is an event hosted in minecraft
|
||||
|
||||
> The moon is always full at MoonJam!
|
||||
>
|
||||
> For one whole month --- July 20th until August 20th --- this lunar playground is yours to explore. Once you land at MoonJam, your first critical mission will be...to party! We're kicking off with a live concert, headlined by AJR with special guest Gunnar Gehl, right on the first day. Don't miss it!
|
||||
>
|
||||
> Taking on the challenge of our raffle course and star hunt could earn you a Squeakee Dino or a custom MoonJam ASTRO A40 TR Headset, exclusive to this event!
|
||||
>
|
||||
> There's a whole universe out there, so what are you waiting for? It's time to go zero gravity!
|
||||
|
||||
[](https://preview.redd.it/g2aa1uyagy971.png?width=1536&format=png&auto=webp&s=641671be687f45e6192930a4e28a2dff4a5f41ae)
|
||||
|
||||
ingame ads for gme
|
||||
|
||||
Now lets look at some other info to feed a tinfoil bias, first of all minehut is owned by SLGG.
|
||||
|
||||
written by [u/FloTonix](https://www.reddit.com/u/FloTonix/) and [u/flyingwolf](https://www.reddit.com/u/flyingwolf/)
|
||||
|
||||
> After traveling 240,000 miles in 76 hours, Apollo 11 entered into a lunar orbit on July 19. The next day, at 1:46 p.m., the lunar module Eagle, manned by Armstrong and Aldrin, separated from the command module, where Collins remained. Two hours later, the Eagle began its descent to the lunar surface, and at 4:17 p.m. the craft touched down on the southwestern edge of the Sea of Tranquility. Armstrong immediately radioed to Mission Control in Houston, Texas, a now-famous message: "The Eagle has landed."
|
||||
|
||||
and
|
||||
|
||||
> Want to really jack them titties?
|
||||
>
|
||||
> <https://nssdc.gsfc.nasa.gov/planetary/lunar/apolloloc.html>
|
||||
>
|
||||
> Apollo 11 was jettisoned at *7:41PM* EDT on July 21, 1969.
|
||||
>
|
||||
> Anyone we know have a seeming fetish for 7:41pm...
|
||||
|
||||
Again it's tinfoil at best but still interesting to speculate about.
|
||||
|
||||
[](https://preview.redd.it/onx2o0g3hy971.png?width=640&format=png&auto=webp&s=bcf12ecc681773433a464bd2fcc01f57350acf0d)
|
||||
|
||||
Finra needs your input.
|
||||
|
||||
Now we're normally against commenting on mass, or even telling the sub "go quickly bla bla bla".
|
||||
|
||||
But here is the thing, this lady from Finra is asking the Apes directly, so be sure to leave them your opinion as this wont affect any of the rules in writing but could help create new ones.
|
||||
|
||||
But for the love of god please be respectful, shit flinging never helped anyone ;)
|
||||
|
||||
[](https://preview.redd.it/7t8oeevxhy971.png?width=640&format=png&auto=webp&s=373a8cd45f01fbee608d126675ae6ad83387fe3f)
|
||||
|
||||
I have no further information on this lawsuit but did think it was interesting to share.
|
||||
|
||||
[](https://preview.redd.it/k4ysve3viy971.png?width=571&format=png&auto=webp&s=c5ba470776673b39773162d9589367b3c77e0179)
|
||||
|
||||
It's dangerous to go outside alone, take this!
|
||||
|
||||
[u/onlyfuturehuman](https://www.reddit.com/u/onlyfuturehuman/) did something amazing, he backed up almost every DD in single consolidated pdf, this is seriously super impressive and I'm thankful he did this, be sure to give his thread a quick read and save the PDF in case of a reddit blackout!
|
||||
|
||||
<https://www.reddit.com/r/Superstonk/comments/ofl270/in_case_of_emergency_break_glass_the_superstonk/?utm_source=share&utm_medium=ios_app&utm_name=iossmf>
|
||||
|
||||
OBV action
|
||||
|
||||
by [u/CitesQuo](https://www.reddit.com/u/CitesQuo/) Hollandse Hunk
|
||||
|
||||
Would be a shame if someone could see the sideways OBV, seeing no major selling is happening right?
|
||||
|
||||
[](https://preview.redd.it/2yjyacttiy971.png?width=960&format=png&auto=webp&s=d1ea3297575ccf2bd5d5cd65a6e9f63e04ccd703)
|
||||
|
||||
[](https://preview.redd.it/7h06u3tcjy971.png?width=320&format=png&auto=webp&s=34f377939acd544bc4383cd800dacc1334e8c4f2)
|
||||
|
||||
You get a Crypto, I get a Crypto WTF IS A CRYPTO!?
|
||||
|
||||
Like most of you I think "magic internet money" whenever I hear crypto, I'm not sure what it does or how it functions other than you can mine it and use it to pay for stuff.
|
||||
|
||||
Thank god our internal jellyfish [u/Dismal-Jellyfish](https://www.reddit.com/u/Dismal-Jellyfish/) wrote a DD about whatsup with the crypto stuff
|
||||
|
||||
<https://www.reddit.com/r/Superstonk/comments/ofndb0/a_crypto_dive_with_the_jellyfish_10_things_about/?utm_source=share&utm_medium=ios_app&utm_name=iossmf>
|
||||
|
||||
It's enough to at least start thinking about crypto and what we could expect from it.
|
||||
|
||||
[](https://preview.redd.it/3s0vxidrjy971.png?width=550&format=png&auto=webp&s=12268bfcd064abb2c0bbe4145bfc3541d46fcdd2)
|
||||
|
||||
Ready, Get set... Ladder attack
|
||||
|
||||
So I've seen some newer apes complain about the opening and get demoralized, first of all welcome to the club buddies!\
|
||||
This stuff is fairly normal, on most days you'll see the first hour or so get the price hammered down without any real reason.\
|
||||
Good news, down, bad news, down, no news, down, Electing Ryan cohen to the Director of the board, believe it or not down.\
|
||||
And to give you some proof that it's not just my opinion but something that happens consistently you can check out the following thread by [u/FreezYourMind](https://www.reddit.com/u/FreezYourMind/) :
|
||||
|
||||
<https://www.reddit.com/r/Superstonk/comments/ofpn49/gme_chronology_of_a_shortselling_attack_you_can/?utm_source=share&utm_medium=ios_app&utm_name=iossmf>
|
||||
|
||||
[](https://preview.redd.it/2u1c2mtpky971.png?width=950&format=png&auto=webp&s=bf80d84292e1041e5a63d563afc25f9208db468d)
|
||||
|
||||
LEGOOO
|
||||
|
||||
ok so lets end this on a happy note, [u/the_end_is_neigh-_-](https://www.reddit.com/u/the_end_is_neigh-_-/) made a super sweet concept in this thread
|
||||
|
||||
<https://www.reddit.com/r/Spielstopp/comments/oerfy9/gamestop_laden_f%C3%BCr_lego_ideas/?utm_source=share&utm_medium=ios_app&utm_name=iossmf>
|
||||
|
||||
He made a lego set and trying to get it approved by lego and has a signiture thing going on here:\
|
||||
<https://ideas.lego.com/projects/906f72e1-46fd-4228-b364-a3fbb7cea249>
|
||||
|
||||
I guess loads of people really still like lego, so I thought why not share.
|
||||
|
||||
[](https://preview.redd.it/zrijrel2ly971.png?width=554&format=png&auto=webp&s=e338d58fff8196406519206953e588d816c32418)
|
||||
|
||||
EXCELLENT!
|
||||
|
||||
Be friendly, help others!
|
||||
|
||||
as always we are here from all different walks of life and all different countries.
|
||||
|
||||
This doesn't matter as we are all apes in here, and apes are friends.
|
||||
|
||||
Doesn't matter if you're a silverback a chimp or a bonobo.
|
||||
|
||||
We help each other, we care for each other.
|
||||
|
||||
Ape don't fight ape, apes help other apes
|
||||
|
||||
this helps us weed out the shills really fast, as if everyone is helpful, the ones who aren't stand out.
|
||||
|
||||
remember the fundamentals of this company are great, so for the love of god if someone starts with trying to spread FUD, remind yourself of the fundamentals.
|
||||
|
||||
There is no sense of urgency, this will come when it comes, be a week, be it a month be it six.
|
||||
|
||||
We don't care, just be nice and lets make this community as Excellent as we can!
|
||||
|
||||
Remember one of the only ways to counter the Cointelpro we have seen is by being overly nice, so treat all the other apes as if you're dating and you wanna get to first base.
|
||||
|
||||
[](https://preview.redd.it/t8rvwnz4ly971.png?width=400&format=png&auto=webp&s=e595f3f0347e976da97b106b16db3eff08b33809)
|
||||
|
||||
remember none of this is financial advice, I'm so retarded I'm not allowed to go to the zoo 'cause they'll put me in the cage with the rest of my ape brothers.
|
||||
|
||||
If anything happens throughout the day we will be adding it here.
|
||||
|
||||
backups:
|
||||
|
||||
<https://twitter.com/rensole>
|
||||
|
||||
<https://twitter.com/PinkCatsOnAcid>
|
||||
|
||||
<https://twitter.com/RedChessQueen99>
|
||||
|
||||
<https://twitter.com/ByeTriangle>
|
||||
|
||||
<https://twitter.com/u_sharkbaitlol>
|
||||
|
||||
<https://twitter.com/BradduckF>
|
@ -0,0 +1,141 @@
|
||||
The Daily Stonk 07-09-2021
|
||||
==========================
|
||||
|
||||
| Author | Source |
|
||||
| :-------------: |:-------------:|
|
||||
| [u/iamaneditor](https://www.reddit.com/user/iamaneditor/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/ogsizi/the_daily_stonk_07092021/) |
|
||||
|
||||
---
|
||||
|
||||
|
||||
[Education 👨🏫 | Data 🔢](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Education%20%F0%9F%91%A8%E2%80%8D%F0%9F%8F%AB%20%7C%20Data%20%F0%9F%94%A2%22&restrict_sr=1)
|
||||
|
||||
[](https://preview.redd.it/3iks19iiv5a71.png?width=1600&format=png&auto=webp&s=2e3a8709e9b70ecfc3d758e40166457782b108ed)
|
||||
|
||||
*Edit: Since, rensole is off today, I thought why not give it a shot! Any corrections or comments about this post are welcome!*
|
||||
|
||||
Good Morning San Diago,
|
||||
|
||||
I am the Editor and this is your daily news.
|
||||
|
||||
Does anyone smell that?
|
||||
|
||||
*insert flashy intro card*
|
||||
|
||||
[](https://preview.redd.it/yn8le98jv5a71.png?width=680&format=png&auto=webp&s=df710c5f3765f10a0eba5d22e584c73a8e7e9570)
|
||||
|
||||
The reverse repo's for today
|
||||
|
||||
[](https://preview.redd.it/esauihymt5a71.png?width=715&format=png&auto=webp&s=ce596099a4c8b7cc4fc9674e812a6ee6dbe46512)
|
||||
|
||||
credit u/pctracer
|
||||
|
||||
Our papa, RC tweeted this yesterday.
|
||||
|
||||
<https://www.reddit.com/r/Superstonk/comments/ogey78/ryan_cohen_on_twitter/>
|
||||
|
||||
Shitadel Staff Leaving
|
||||
|
||||
<https://www.reddit.com/r/Superstonk/comments/og5acc/breaking_news_hedge_fund_citadel_hiring_from/>
|
||||
|
||||
This could be true, or this news was paid to be published. We're not sure. These fuckers will anything to stay afloat.
|
||||
|
||||
Just FYI, these are unrealized losses. Until they close out their short positions, they're not actually lost anything.
|
||||
|
||||
[](https://preview.redd.it/p3qa0ohkt5a71.png?width=1169&format=png&auto=webp&s=3817e1637976dc16d19fd75a9b5ac4d20ec3770f)
|
||||
|
||||
Many Apes reporting they're getting shill messages. Be careful while you're getting these messages, and I prefer don't respond to them.
|
||||
|
||||
<https://www.reddit.com/r/Superstonk/comments/ogr6jg/my_first_shill_message_stay_frosty_apes/>
|
||||
|
||||
<https://www.reddit.com/r/Superstonk/comments/ogrdes/am_i_doing_it_right/>
|
||||
|
||||
<https://www.reddit.com/r/Superstonk/comments/ogr623/i_got_the_below_message_from_a_1day_old_account/>
|
||||
|
||||
<https://www.reddit.com/r/Superstonk/comments/ogrhpi/finally_got_my_first_spam_message_feeling_part_of/>
|
||||
|
||||
[](https://preview.redd.it/q86g7kait5a71.png?width=960&format=png&auto=webp&s=d26d4b249ffe5388483e8e5511f8062a69e5bc6f)
|
||||
|
||||
It's tinfoil at best but still interesting to speculate about
|
||||
|
||||
[](https://preview.redd.it/ir6kcenxt5a71.png?width=802&format=png&auto=webp&s=92968f49e40e1b04ae6d2f7a741fd6f5c499674f)
|
||||
|
||||
credit u/JimmyWithTheJokes
|
||||
|
||||
GAMESTOP'S FULFILLMENT CENTER IN YORK, PA
|
||||
|
||||
<https://www.reddit.com/r/Superstonk/comments/ogcxnl/new_photos_inside_gamestops_fulfillment_center_in/>
|
||||
|
||||
[](https://preview.redd.it/43b4pse9u5a71.png?width=1728&format=png&auto=webp&s=54b51c8fef77928a7bc6b4fcf2ffc424bfacaf1f)
|
||||
|
||||
credit u/TDETLES
|
||||
|
||||
THANKS TO ALL APES WHO SUPPORTED THIS!
|
||||
|
||||
[](https://preview.redd.it/5fax7crfu5a71.png?width=1080&format=png&auto=webp&s=533eb017b84f9bbc9e7dd3f842ee525cdf0c6e6d)
|
||||
|
||||
credit u/brandinoooooo
|
||||
|
||||
[](https://preview.redd.it/o9ory1vsu5a71.png?width=1383&format=png&auto=webp&s=a70b7f4d323c01e8f1dd9ca41bbbab353cb3c319)
|
||||
|
||||
credit u/slackjawedyoker
|
||||
|
||||
[](https://preview.redd.it/ho3tzo0dv5a71.png?width=554&format=png&auto=webp&s=d6583e29a1aa0aa68bad9150211fd6b706895c09)
|
||||
|
||||
Be friendly, help others!
|
||||
|
||||
as always we are here from all different walks of life and all different countries.
|
||||
|
||||
This doesn't matter as we are all apes in here, and apes are friends.
|
||||
|
||||
Doesn't matter if you're a silverback a chimp or a bonobo.
|
||||
|
||||
We help each other, we care for each other.
|
||||
|
||||
Ape don't fight ape, apes help other apes
|
||||
|
||||
this helps us weed out the shills really fast, as if everyone is helpful, the ones who aren't stand out.
|
||||
|
||||
remember the fundamentals of this company are great, so for the love of god if someone starts with trying to spread FUD, remind yourself of the fundamentals.
|
||||
|
||||
There is no sense of urgency, this will come when it comes, be a week, be it a month be it six.
|
||||
|
||||
We don't care, just be nice and lets make this community as Excellent as we can!
|
||||
|
||||
Remember one of the only ways to counter the Cointelpro we have seen is by being overly nice, so treat all the other apes as if you're dating and you wanna get to first base.
|
||||
|
||||
[](https://preview.redd.it/gw5eso1fv5a71.png?width=400&format=png&auto=webp&s=98eb51e071da5c2fb42d3b1b7dfd4cb796f828cd)
|
||||
|
||||
remember none of this is financial advice, I'm so retarded I'm not allowed to go to the zoo 'cause they'll put me in the cage with the rest of my ape brothers.
|
||||
|
||||
If anything happens throughout the day we will be adding it here.
|
||||
|
||||
backups:
|
||||
|
||||
<https://twitter.com/rensole>
|
||||
|
||||
<https://twitter.com/PinkCatsOnAcid>
|
||||
|
||||
<https://twitter.com/RedChessQueen99>
|
||||
|
||||
<https://twitter.com/ByeTriangle>
|
||||
|
||||
<https://twitter.com/u_sharkbaitlol>
|
||||
|
||||
<https://twitter.com/BradduckF>
|
||||
|
||||
Edit 1:
|
||||
|
||||
One of the addresses associated with the GameStop NFT had a transaction.
|
||||
|
||||
<https://www.reddit.com/r/Superstonk/comments/ogjbcy/one_of_the_addresses_associated_with_the_gamestop/>
|
||||
|
||||
Principal Engineer NFT @ GameStop Jordan Holberg: "Baby's first pull request 🥺"
|
||||
|
||||
<https://www.reddit.com/r/Superstonk/comments/ogptsx/principal_engineer_nft_gamestop_jordan_holberg/>
|
||||
|
||||
Edit 2:
|
||||
|
||||
[u/PWNWTFBBQ](https://www.reddit.com/user/PWNWTFBBQ/)'s post about Shorting Algorithm
|
||||
|
||||
<https://www.reddit.com/r/Superstonk/comments/ogjkao/i_think_i_figured_out_the_shorting_algorithm/>
|
@ -0,0 +1,215 @@
|
||||
The Jungle Beat- Flair Friday 07-02-2021- !powerup! 🎮 Power to the Players 🛑
|
||||
==============================================================================
|
||||
|
||||
| Author | Source |
|
||||
| :-------------: |:-------------:|
|
||||
| [u/pinkcatsonacid](https://www.reddit.com/user/pinkcatsonacid/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/ociiah/the_jungle_beat_flair_friday_07022021_powerup/) |
|
||||
|
||||
---
|
||||
|
||||
|
||||
[Daily News 🦍💎🙌🚀](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Daily%20News%20%F0%9F%A6%8D%F0%9F%92%8E%F0%9F%99%8C%F0%9F%9A%80%22&restrict_sr=1)
|
||||
|
||||
[](https://preview.redd.it/njry5dp4hu871.png?width=1426&format=png&auto=webp&s=004c5a4efa411e9255dfe02d5d6c5e5a09c3cc94)
|
||||
|
||||
nice hex code, Gamestop ;) graphics by u/bye_triangle
|
||||
|
||||
__________________________________________________________________
|
||||
|
||||
🎤🎸🥁 🦍Welcome to the Jungle🦍🥁🎸🎤
|
||||
|
||||
__________________________________________________________________
|
||||
|
||||
Today's Recap 📈
|
||||
|
||||
$GME Closing Price: $202.83
|
||||
|
||||
Open Price: $204.80
|
||||
|
||||
Daily High: $205.45
|
||||
|
||||
Daily Low: $196.50
|
||||
|
||||
Volume: 2.57 MM
|
||||
|
||||
_____________________________________________________________________
|
||||
|
||||
🖍🍎🚌GME 101🚌🍎🖍
|
||||
|
||||
*If you're new to Superstonk, start here!*
|
||||
|
||||
[Superstonk FAQ](https://www.reddit.com/r/Superstonk/wiki/index/faq#wiki_how_do_i.2C_as_a_retail_investor.2C_stand_a_chance_against_the_hedge_funds.3F) (Updates coming soon)
|
||||
|
||||
[Superstonk Wiki](https://www.reddit.com/r/Superstonk/wiki/index)
|
||||
|
||||
NEW!! We will be having a "Smooth Brain Sunday Megathread" every Sunday as a place to ask all the questions you've been wanting to get answered! Please be advised that all answers provided are from individual users and, as always, any information you receive requires doing your own due diligence!!
|
||||
|
||||
The apes of [r/Superstonk](https://www.reddit.com/r/Superstonk/) sincerely appreciate the time and effort put into getting this information out there. 🦍🤝💪
|
||||
|
||||
_______________________________________________________________________________
|
||||
|
||||
Market Closed Monday July 5th in Observance of Independence Day ('murica)
|
||||
|
||||
[](https://preview.redd.it/fdqtajk2ku871.jpg?width=1080&format=pjpg&auto=webp&s=3546fe670d74585aab8e8dac8aa2fccd0dd612c6)
|
||||
|
||||
o7
|
||||
|
||||
[](https://preview.redd.it/ilb6e3htiu871.jpg?width=2044&format=pjpg&auto=webp&s=1fd27ba021e14cdeeb427b3f916e29abeb864af2)
|
||||
|
||||
See you apes Tuesday Morning!!
|
||||
|
||||
Wait...
|
||||
|
||||
Tuesday Morning 👀👀👀
|
||||
|
||||
[](https://preview.redd.it/oma7xqoviu871.jpg?width=1080&format=pjpg&auto=webp&s=03caa752407b3f44bd8869522aa4b0171ea1133e)
|
||||
|
||||
credit u/shywriterguy
|
||||
|
||||
[](https://preview.redd.it/1wky2ya2ju871.png?width=595&format=png&auto=webp&s=d23f3d4332c8c2b59a749ba234b3f3e09e715141)
|
||||
|
||||
_______________________________________________________________________________
|
||||
|
||||
🎮 Power to the Players 🛑
|
||||
|
||||
You may have noticed a lot of rebranding going on around Gamestop's socials lately.
|
||||
|
||||
[](https://preview.redd.it/5q1t86suku871.png?width=960&format=png&auto=webp&s=34535768eb7458661680c9e8691a81b2adc4d013)
|
||||
|
||||
credit u/Rabus
|
||||
|
||||
[u/Schborti](https://www.reddit.com/user/Schborti/) got curious and asked them on their IG what's up with the change...
|
||||
|
||||
[](https://preview.redd.it/it8cbozdnu871.png?width=1125&format=png&auto=webp&s=4ff1f4af7975882b670345b97f0686b530d8ccd8)
|
||||
|
||||
[u/dar-griff](https://www.reddit.com/user/dar-griff/) got curious and looked up the hex code used for the new branding
|
||||
|
||||
[](https://preview.redd.it/92pty9sonu871.png?width=640&format=png&auto=webp&s=4e92c440e22f940302f88d17085b830065762c01)
|
||||
|
||||
shark grey.... u/sharkbaitlol... 🤔
|
||||
|
||||
*Bastille* Grey...👀
|
||||
|
||||
[u/jakksquat7](https://www.reddit.com/user/jakksquat7/) posted this over a month ago...
|
||||
|
||||
[July 14th, the date of the GME crypto coin launch date, is Bastille Day.](https://www.reddit.com/r/Superstonk/comments/nl2vld/july_14th_the_date_of_the_gme_crypto_coin_launch/)
|
||||
|
||||
> The July 14th date is so amazing.
|
||||
>
|
||||
> Edit: Here is where you can verify the release date of the [GME Token](https://imgur.com/gallery/XoOHBEn)
|
||||
>
|
||||
> Credit to [u/teacoat___](https://www.reddit.com/u/teacoat___/)
|
||||
>
|
||||
> My wife pointed out that's Bastille Day.
|
||||
>
|
||||
> That's the day where the French citizens---who were insanely oppressed by the monarch---rose up, stormed the Bastille, and overthrew the ruling 1%.
|
||||
>
|
||||
> Learn more about this important date: <https://en.m.wikipedia.org/wiki/Bastille_Day>
|
||||
>
|
||||
> That launch date is not accidental.
|
||||
>
|
||||
> What's more, Bastille is a synonym for citadel. Wonder who's going to be storming the Citadel this time...
|
||||
>
|
||||
> I didn't think my tits could be even more jacked. See you on the moon fam 🚀
|
||||
>
|
||||
> Edit 2: semantically I should have said "token" instead of "coin" in the title
|
||||
|
||||
So Bastille is a form of Citadel
|
||||
|
||||
[](https://preview.redd.it/m28dgjxpxu871.jpg?width=1080&format=pjpg&auto=webp&s=cbef580144acedbf514784cf1de4546e3e929df1)
|
||||
|
||||
[](https://preview.redd.it/hd7rckdlxu871.jpg?width=1079&format=pjpg&auto=webp&s=4179e7145e45be452015bbfc3b0a8b9eabcc0911)
|
||||
|
||||
Wait a minute... the Bastille was torn brick by brick... where have I seen that before.....
|
||||
|
||||
[](https://preview.redd.it/1u1qny8uxu871.jpg?width=1080&format=pjpg&auto=webp&s=b997f58eff13597bd033e774c0a542f63ecb4b8d)
|
||||
|
||||
Brick is also a digital currency term.
|
||||
|
||||
Digital currencies.....
|
||||
|
||||
[In the Bananya cat runner game on GameStop's NFT website, the moon first shows up at a score of 700 then disappears. The next time it shows up is at 1400, and then again as a full moon at 2100. GG shorts. Your game stops with GameStop. 7/14/21](https://www.reddit.com/r/Superstonk/comments/obv80f/in_the_bananya_cat_runner_game_on_gamestops_nft/) [u/boskle](https://www.reddit.com/user/boskle/)
|
||||
|
||||
[](https://preview.redd.it/ssmw4akgou871.png?width=960&format=png&auto=webp&s=ada3fa0feacdc7392489858965dcb2134743bbd1)
|
||||
|
||||
u/boskle
|
||||
|
||||
PHEW. That was a fun rabbit hole.
|
||||
|
||||
Still with me?
|
||||
|
||||
TL;DR: TITS JACKED
|
||||
|
||||
Also, SURPRISE FLAIR TO CELEBRATE WHATEVER THE FUCK IS GOING ON WITH GAMESTOP RN!
|
||||
|
||||
Type !powerup! to receive your special limited edition
|
||||
|
||||
🎮Power to the Players🛑 flair!!
|
||||
|
||||
And a huuuuuge shoutout to [u/bye_triangle](https://www.reddit.com/u/bye_triangle/), [u/redchessqueen99](https://www.reddit.com/u/redchessqueen99/), and the rest of the squad for giving the sub a makeover to match Gamestop! 🙌🙌🙌🙌
|
||||
|
||||
Can't stop won't stop 🚀🚀🚀🚀🚀
|
||||
|
||||
_______________________________________________________________________________
|
||||
|
||||
We Like the Company! We Support the Company!
|
||||
|
||||
Obviously you're a shareholder because you love Gamestop and have high hopes for its future. Supporting the company you love on the retail front is a great way for a shareholder to ensure a business' success! Here are several ways you can show your public support for Gamestop;
|
||||
|
||||
- [Shop at Gamestop.com](https://www.gamestop.com/)
|
||||
|
||||
- [Become a PowerUp Rewards Member](https://www.gamestop.com/poweruprewards/)
|
||||
|
||||
- [... Which gets you a subscription to Game Informer Magazine](https://www.gameinformer.com/)
|
||||
|
||||
- [Follow Gamestop on Twitter](https://twitter.com/GameStop)
|
||||
|
||||
- [Subscribe to Gamestop's YouTube Channel](https://www.youtube.com/user/gamestopvideo)
|
||||
|
||||
- [Follow Gamestop on Twitch](https://www.twitch.tv/gamestop)
|
||||
|
||||
- [Follow Gamestop on Instagram](https://www.instagram.com/gamestop/?hl=en)
|
||||
|
||||
- [Follow Gamestop on Facebook](https://www.facebook.com/GameStop)
|
||||
|
||||
- [Apple Devices- Download the Gamestop App](https://apps.apple.com/us/app/gamestop/id406033647) (Link to App Store)
|
||||
|
||||
- [Android Devices- Download the Gamestop App](https://play.google.com/store/apps/details?id=com.gamestop.powerup) (Link to Play Shop)
|
||||
|
||||
- Brands owned by Gamestop; ThinkGeek, GameInformer, [MicroMania](https://www.micromania.fr/), and [EB Games](https://www.ebgames.ca/)
|
||||
|
||||
- [Gamestop Ireland](https://www.gamestop.ie/), [Gamestop Germany](https://www.gamestop.de/)
|
||||
|
||||
Please remember apes, as you are interacting with Gamestop Social Media, that their objective is to reach gamers and promote their brand to their demographic. Yes it's fun when they tweet MOASS and Chickie Tendies, but let's not flood them with comments about Ken, Naked Short Selling, and Mayonnaise. Let's show them support by joining, contributing to, and expanding their robust community of gamers!
|
||||
|
||||
______________________________________________________________________________
|
||||
|
||||
🚨 Reddit down 🚨
|
||||
|
||||
With Reddit having issues during high traffic, exciting moments in this saga, we have discussed what to do if Reddit has an outage.
|
||||
|
||||
IF REDDIT GOES DOWN AT A PIVOTAL MOMENT A LARGE PORTION OF THE MOD TEAM IS ON TWITTER.
|
||||
|
||||
<https://twitter.com/ByeTriangle>
|
||||
|
||||
<https://twitter.com/PinkCatsOnAcid>
|
||||
|
||||
<https://twitter.com/RedChessQueen99>
|
||||
|
||||
<https://twitter.com/rensole>
|
||||
|
||||
<https://twitter.com/u_sharkbaitlol>
|
||||
|
||||
<https://twitter.com/BradduckF>
|
||||
|
||||
IF THERE IS SOMETHING BIG GOING ON WHILE THE OUTAGE IS HAPPENING WE MAY ALSO UTILIZE THE "EMERGENCY BROADCAST SYSTEM" TO RELAY INFO:
|
||||
|
||||
[SuperstonkLive YouTube - Emergency Broadcast System](https://www.youtube.com/channel/UCI4EET9NJPWxUuXGlG6fxPA)
|
||||
|
||||
___________________________________________________________________________________
|
||||
|
||||
*OOK OOK*
|
||||
|
||||
*"I may have been early, but I am not wrong"*
|
||||
|
||||
[](https://preview.redd.it/f966htgqsu871.png?width=1600&format=png&auto=webp&s=673cb424ecfe006ab8e687a6c3ec8d4bf99c12ac)
|
@ -0,0 +1,217 @@
|
||||
The Jungle Beat- Tuesday 07-06-2021- Automod Requirements, Satori Approval, Superstonk Bot, and more 🎮 !powerup! 🛑
|
||||
====================================================================================================================
|
||||
|
||||
| Author | Source |
|
||||
| :-------------: |:-------------:|
|
||||
| [u/pinkcatsonacid](https://www.reddit.com/user/pinkcatsonacid/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/of36nb/the_jungle_beat_tuesday_07062021_automod/) |
|
||||
|
||||
---
|
||||
|
||||
|
||||
[Daily News 🦍💎🙌🚀](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Daily%20News%20%F0%9F%A6%8D%F0%9F%92%8E%F0%9F%99%8C%F0%9F%9A%80%22&restrict_sr=1)
|
||||
|
||||
*The Jungle Beat will be posted every trading day at 4:20 pm NYSE time!*
|
||||
|
||||
[](https://preview.redd.it/3zwnhvkj5m971.png?width=1426&format=png&auto=webp&s=5d83447f4d4ee2055469cc9645f8f185d4eea940)
|
||||
|
||||
__________________________________________________________________
|
||||
|
||||
🎤🎸🥁 🦍Welcome to the Jungle🦍🥁🎸🎤
|
||||
|
||||
__________________________________________________________________
|
||||
|
||||
Today's Recap 📈
|
||||
|
||||
$GME Closing Price: $199.56
|
||||
|
||||
Open Price: $204.00
|
||||
|
||||
Daily High: $204.77
|
||||
|
||||
Daily Low: $193.71
|
||||
|
||||
Volume: 2.74 MM
|
||||
|
||||
_____________________________________________________________________
|
||||
|
||||
🖍🍎🚌GME 101🚌🍎🖍
|
||||
|
||||
*If you're new to Superstonk, start here!*
|
||||
|
||||
[Superstonk FAQ](https://www.reddit.com/r/Superstonk/wiki/index/faq#wiki_how_do_i.2C_as_a_retail_investor.2C_stand_a_chance_against_the_hedge_funds.3F) (Updates coming soon)
|
||||
|
||||
[Superstonk Wiki](https://www.reddit.com/r/Superstonk/wiki/index)
|
||||
|
||||
NEW!! We will be having a "Smooth Brain Sunday Megathread" every Sunday as a place to ask all the questions you've been wanting to get answered! Please be advised that all answers provided are from individual users and, as always, any information you receive requires doing your own due diligence!!
|
||||
|
||||
The apes of [r/Superstonk](https://www.reddit.com/r/Superstonk/) sincerely appreciate the time and effort put into getting this information out there. 🦍🤝💪
|
||||
|
||||
_______________________________________________________________________________
|
||||
|
||||
Hope all the Americans here had a safe and happy 4th of July!
|
||||
|
||||
[](https://preview.redd.it/ke2vpvng6m971.png?width=1596&format=png&auto=webp&s=22c05205385e9c33a02732a4639f494be17d8b46)
|
||||
|
||||
credit u/cleareyeswow
|
||||
|
||||
_______________________________________________________________________________
|
||||
|
||||
Gamestop Expands Fulfillment Footprint- Now Leasing 1.23 Million sq. ft. of warehouse space across both coasts
|
||||
|
||||
Gamestop announced this morning that they added an additional 530K sqft fulfillment center on the West Coast to their already existing East Coast footprint of 700K sq ft.
|
||||
|
||||
BULLISH AF 🚀🚀🚀🚀🚀🚀🚀
|
||||
|
||||
[](https://preview.redd.it/qs3itmt60m971.png?width=1080&format=png&auto=webp&s=ac80aa7b8db273643c29409a19f63e3df552a5e3)
|
||||
|
||||
_______________________________________________________________________________
|
||||
|
||||
Community Spotlight
|
||||
|
||||
[Diamantenhände 💎👐](https://www.reddit.com/r/Superstonk/comments/oeowsy/diamantenh%C3%A4nde_german_market_is_open/) Shout Out
|
||||
|
||||
Every trading day for the longest time, [u/DerGurkenraspler](https://www.reddit.com/u/DerGurkenraspler/) gave us a live update from Germany. While taking some time away due to personal reasons, [u/Parsnip](https://www.reddit.com/u/Parsnip/) has carried the torch with the daily updates like clockwork. It was pointed out that OP DerGurkenraspler has since deleted his account. So I really would just like to say if you're reading this, Superstonk wishes you well and we hope you are safe and healthy and happy! And also, all the love and good vibes to Parsnip for continuing the daily posts. The community built in the comments of these posts are what makes Superstonk so incredible and unique. Thank you for making the jungle beautiful!! 💖💖💖
|
||||
|
||||
Just a little confirmation bias - GameStop's contract source code from their NFT website...THE ONE AND ONLY by [u/Justbeingpunny](https://www.reddit.com/u/Justbeingpunny/)
|
||||
|
||||
[](https://preview.redd.it/99s0m30kcn971.png?width=708&format=png&auto=webp&s=3eb2949007859c7ef48d5600b0b60513ff88022f)
|
||||
|
||||
also peep the actual Gamestop ticker- GME in the token code 👀
|
||||
|
||||
_______________________________________________________________________________
|
||||
|
||||
Updates on Automod Requirements, Satori Approval, Superstonk Bot, and more
|
||||
|
||||
[](https://preview.redd.it/x9fara0w8m971.png?width=840&format=png&auto=webp&s=e8524c2a69ac491c8e3053fd8ab701ec002c4f75)
|
||||
|
||||
credit u/xcantdj
|
||||
|
||||
💡 *Most* posts screenshotting comments will be removed for spam. The upvotes and awards provide the proper visibility, within context of the entire post it's associated with. This is sufficient for bringing proper content to visibility. Posting screenshots like this is a known shill tactic to acquire karma ("karma farming") because they know it's popular, relevant content that will get them lots of awards and upvotes. There might be a few exceptions as this is largely at moderator discretion, thus it not being a blanket rule. We try to let the spirit of democracy reign and votes decide, but as we grow, the need to curate quality content grows as well.
|
||||
|
||||
[](https://preview.redd.it/hryk0cj9nm971.jpg?width=590&format=pjpg&auto=webp&s=3213d258455194be4e3f0e8dc04947fd2e83962b)
|
||||
|
||||
💡 Any posts made "in favor of someone who doesn't fit the automod reqs" will be removed for circumventing our sub rules. Often times this content is from a shill account, trying to spread FUD. If someone wishes to submit a post to the sub, but they don't meet the requirements, please direct them to [www.superstonkbot.net](https://www.superstonkbot.net/)
|
||||
|
||||
Superstonk bot is an anonymous DD submission tool that anyone in the world can access. Submitted posts are then reviewed by a team of community members- which does include mods like [u/Jsmar18](https://www.reddit.com/u/Jsmar18/), [u/Leaglese](https://www.reddit.com/u/Leaglese/), [u/hey_madie](https://www.reddit.com/u/hey_madie/), and others- and is subsequently approved for posting if they meet community requirements.
|
||||
|
||||
[](https://preview.redd.it/6b8rzttzpm971.jpg?width=611&format=pjpg&auto=webp&s=705e7b521b44255fa6606b90e82c9c37351e2ced)
|
||||
|
||||
💡 Satori Approval is Limited by Reddit to how many accounts can be approved per day. If you have commented !apeprove! I assure you that your name is on the list of those up for review. Please note that being placed on this list does not necessarily guarantee your approval, it only ensures you are reviewed ahead of the general membership. It also surpasses the karma and age requirements if you are approved, so even if you don't meet the rising requirements, you are already an approved user and will continue to enjoy free access to all aspects of the sub. Once an ape, always an ape (until you leave, I guess). You will receive a message once you are approved!
|
||||
|
||||
*Approved users are still bound by the regular automod requirements*
|
||||
|
||||
[](https://preview.redd.it/e0myxcu8rm971.jpg?width=684&format=pjpg&auto=webp&s=eb07fda359171641e32adbca858737d9c3c562d1)
|
||||
|
||||
💡 New Karma and Age requirements
|
||||
|
||||
[](https://preview.redd.it/e9j4x17zrm971.png?width=473&format=png&auto=webp&s=fa71bb4c5b2c90964338a56036676b837a889ca2)
|
||||
|
||||
*Once again I reiterate, once approved, you bypass these requirements.*
|
||||
|
||||
💡Crossposting now limited with only named subs being an exception. [r/GME](https://www.reddit.com/r/GME/) and [r/DDintoGME](https://www.reddit.com/r/DDintoGME/) have been added to the automod "safe list" of approved crossposts coming in and out of the sub. Any other subs are still restricted from crossposting to and from Superstonk. This is part of our continued effort to fight brigading, and we really appreciate your cooperation in implementing all these emergency rules to protect the sub. We will strive to continue to ease the earlier restrictions as is appropriate.
|
||||
|
||||
________________________________________________________________________
|
||||
|
||||
The Media Narrative is Shifting
|
||||
|
||||
As the $GME ~~world domination~~ saga unravels, MSM is getting the hint that they need to say *something*. So we're seeing more and more stories talking about Gamestop, "meme stocks", and a general impending market crash.
|
||||
|
||||
Business Insider had an interesting article on it this morning. No I won't link it. I don't like giving them clicks. You'll see it at the top of your Broker news most likely.
|
||||
|
||||
[](https://preview.redd.it/kdpuxbc19m971.jpg?width=1080&format=pjpg&auto=webp&s=f99411d30b9718a6005652d61bff8ea92c86173c)
|
||||
|
||||
Remember that Leon Cooperman is the infamous "Fair share is a bullshit concept" dude. It's part of the lore of GME and we mustn't forget. [Link for reference.](https://www.youtube.com/watch?v=mI-nItz56Fs)
|
||||
|
||||
We also saw a shoutout this morning from Yahoo Finance.
|
||||
|
||||
[](https://preview.redd.it/0w8pcnaojm971.jpg?width=1080&format=pjpg&auto=webp&s=a5096e7ae618ce7e12fa490b2045fac1c9edc6f7)
|
||||
|
||||
So let me get this straight.
|
||||
|
||||
We are considered a valid source of information- albeit just as a barometer of public sentiment at this time, but still- if we are a community worth lurking, and quoting then why the continued silence on the issues we discuss in this community?
|
||||
|
||||
Where's the article covering the [House of Cards?](https://www.reddit.com/r/Superstonk/comments/nlwqyv/house_of_cards_part_3/)
|
||||
|
||||
How about a link to the [Superstonk Wiki](https://www.reddit.com/r/Superstonk/wiki/index)?
|
||||
|
||||
Say "Naked Shorts" like CNBC did and link some of the DD we have explaining it.
|
||||
|
||||
[Here's my Beanie Baby DD from months ago explaining it ELIA](https://www.reddit.com/r/GME/comments/m7aem7/eli5_dd_for_apes_with_crayon_drawings_no_amount/) *warning: this is originally from early February (I deleted OP during the migration but was requested to repost) and is reflected in some of the terminology and information we knew at the time. Remember this was written looong before Superstonk!*
|
||||
|
||||
It appears the media is beginning to craft a narrative around a market collapse. It will be interesting to see how it's written.
|
||||
|
||||
_______________________________________________________________________________
|
||||
|
||||
!powerup! 🎮 Power to the Players 🛑 flair
|
||||
|
||||
We had a lot of fun debuting the new flair on Friday and turning everything from the sub to our twitters to match Gamestop's sleek new colors! We wanted to capture the excitement of the new branding campaign seen across Gamestop's socials, and it really took off! We even got a fun 4th of July tweet from the man RC himself, which I choose to believe was his way of taking part of the 4th of July Flair Friday Fun.
|
||||
|
||||
[](https://preview.redd.it/9rl32uv4xm971.jpg?width=1063&format=pjpg&auto=webp&s=7dde54f0d256c9e11a5d76f70c24cd615ce84b69)
|
||||
|
||||
So be sure to drop a comment with !powerup! to get your fancy, limited edition flair!
|
||||
|
||||
_______________________________________________________________________________
|
||||
|
||||
We Like the Company! We Support the Company!
|
||||
|
||||
Obviously you're a shareholder because you love Gamestop and have high hopes for its future. Supporting the company you love on the retail front is a great way for a shareholder to ensure a business' success! Here are several ways you can show your public support for Gamestop;
|
||||
|
||||
- [Shop at Gamestop.com](https://www.gamestop.com/)
|
||||
|
||||
- [Become a PowerUp Rewards Member](https://www.gamestop.com/poweruprewards/)
|
||||
|
||||
- [... Which gets you a subscription to Game Informer Magazine](https://www.gameinformer.com/)
|
||||
|
||||
- [Follow Gamestop on Twitter](https://twitter.com/GameStop)
|
||||
|
||||
- [Subscribe to Gamestop's YouTube Channel](https://www.youtube.com/user/gamestopvideo)
|
||||
|
||||
- [Follow Gamestop on Twitch](https://www.twitch.tv/gamestop)
|
||||
|
||||
- [Follow Gamestop on Instagram](https://www.instagram.com/gamestop/?hl=en)
|
||||
|
||||
- [Follow Gamestop on Facebook](https://www.facebook.com/GameStop)
|
||||
|
||||
- [Apple Devices- Download the Gamestop App](https://apps.apple.com/us/app/gamestop/id406033647) (Link to App Store)
|
||||
|
||||
- [Android Devices- Download the Gamestop App](https://play.google.com/store/apps/details?id=com.gamestop.powerup) (Link to Play Shop)
|
||||
|
||||
- Brands owned by Gamestop; ThinkGeek, GameInformer, [MicroMania](https://www.micromania.fr/), and [EB Games](https://www.ebgames.ca/)
|
||||
|
||||
- [Gamestop Ireland](https://www.gamestop.ie/), [Gamestop Germany](https://www.gamestop.de/)
|
||||
|
||||
- [NEW! Gamestop Discord](https://t.co/TkbaCsiHQM?amp=1)
|
||||
|
||||
Please remember apes, as you are interacting with Gamestop Social Media, that their objective is to reach gamers and promote their brand to their demographic. Yes it's fun when they tweet MOASS and Chickie Tendies, but let's not flood them with comments about Ken, Naked Short Selling, and Mayonnaise. Let's show them support by joining, contributing to, and expanding their robust community of gamers!
|
||||
|
||||
______________________________________________________________________________
|
||||
|
||||
🚨 Reddit down 🚨
|
||||
|
||||
With Reddit having issues during high traffic, exciting moments in this saga, we have discussed what to do if Reddit has an outage.
|
||||
|
||||
IF REDDIT GOES DOWN AT A PIVOTAL MOMENT A LARGE PORTION OF THE MOD TEAM IS ON TWITTER.
|
||||
|
||||
<https://twitter.com/ByeTriangle>
|
||||
|
||||
<https://twitter.com/PinkCatsOnAcid>
|
||||
|
||||
<https://twitter.com/RedChessQueen99>
|
||||
|
||||
<https://twitter.com/rensole>
|
||||
|
||||
<https://twitter.com/u_sharkbaitlol>
|
||||
|
||||
<https://twitter.com/BradduckF>
|
||||
|
||||
IF THERE IS SOMETHING BIG GOING ON WHILE THE OUTAGE IS HAPPENING WE MAY ALSO UTILIZE THE "EMERGENCY BROADCAST SYSTEM" TO RELAY INFO:
|
||||
|
||||
[SuperstonkLive YouTube - Emergency Broadcast System](https://www.youtube.com/channel/UCI4EET9NJPWxUuXGlG6fxPA)
|
||||
|
||||
___________________________________________________________________________________
|
||||
|
||||
*OOK OOK*
|
||||
|
||||
*"I may have been early, but I am not wrong"*
|
||||
|
||||
[](https://preview.redd.it/z3oz93bcxm971.png?width=1600&format=png&auto=webp&s=d41e072fd35ce70f291862ccf38a8a3eab74f439)
|
@ -0,0 +1,121 @@
|
||||
The Jungle Beat- Wednesday 07-07-2021 🚀🚀🚀
|
||||
============================================
|
||||
|
||||
| Author | Source |
|
||||
| :-------------: |:-------------:|
|
||||
| [u/pinkcatsonacid](https://www.reddit.com/user/pinkcatsonacid/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/ofr8pc/the_jungle_beat_wednesday_07072021/) |
|
||||
|
||||
---
|
||||
|
||||
|
||||
[Daily News 🦍💎🙌🚀](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Daily%20News%20%F0%9F%A6%8D%F0%9F%92%8E%F0%9F%99%8C%F0%9F%9A%80%22&restrict_sr=1)
|
||||
|
||||
[](https://preview.redd.it/ddp8a9yieu971.png?width=1426&format=png&auto=webp&s=84e9a891a59fcdefa3542a56f41585f9bc395be2)
|
||||
|
||||
__________________________________________________________________
|
||||
|
||||
🎤🎸🥁 🦍Welcome to the Jungle🦍🥁🎸🎤
|
||||
|
||||
__________________________________________________________________
|
||||
|
||||
Today's Recap 📈
|
||||
|
||||
$GME Closing Price: $190.66
|
||||
|
||||
Open Price: $196.00
|
||||
|
||||
Daily High: $197.50
|
||||
|
||||
Daily Low: $177.56
|
||||
|
||||
Volume: 4.22 MM
|
||||
|
||||
_____________________________________________________________________
|
||||
|
||||
🖍🍎🚌GME 101🚌🍎🖍
|
||||
|
||||
*If you're new to Superstonk, start here!*
|
||||
|
||||
[Superstonk FAQ](https://www.reddit.com/r/Superstonk/wiki/index/faq#wiki_how_do_i.2C_as_a_retail_investor.2C_stand_a_chance_against_the_hedge_funds.3F) (Updates coming soon)
|
||||
|
||||
[Superstonk Wiki](https://www.reddit.com/r/Superstonk/wiki/index)
|
||||
|
||||
NEW!! We will be having a "Smooth Brain Sunday Megathread" every Sunday as a place to ask all the questions you've been wanting to get answered! Please be advised that all answers provided are from individual users and, as always, any information you receive requires doing your own due diligence!!
|
||||
|
||||
The apes of [r/Superstonk](https://www.reddit.com/r/Superstonk/) sincerely appreciate the time and effort put into getting this information out there. 🦍🤝💪
|
||||
|
||||
_______________________________________________________________________________
|
||||
|
||||
Today's JB is light for a mental health break!
|
||||
|
||||
[](https://preview.redd.it/pglpws0fnu971.jpg?width=618&format=pjpg&auto=webp&s=7332ee2fcac4c2dcfdee3157704413a23864493d)
|
||||
|
||||
The FUD is strong. But apes are stronger.
|
||||
|
||||
Drink some water, go outside, hug your fam and HODL your GME share extra tight!
|
||||
|
||||
Let's just hang out in the comments and do flairs 🚀🚀🚀🚀🚀
|
||||
|
||||
Don't forget you can comment !powerup! to get your Limited Edition Power to the Players flair!
|
||||
|
||||
_______________________________________________________________________________
|
||||
|
||||
We Like the Company! We Support the Company!
|
||||
|
||||
Obviously you're a shareholder because you love Gamestop and have high hopes for its future. Supporting the company you love on the retail front is a great way for a shareholder to ensure a business' success! Here are several ways you can show your public support for Gamestop;
|
||||
|
||||
- [Shop at Gamestop.com](https://www.gamestop.com/)
|
||||
|
||||
- [Become a PowerUp Rewards Member](https://www.gamestop.com/poweruprewards/)
|
||||
|
||||
- [... Which gets you a subscription to Game Informer Magazine](https://www.gameinformer.com/)
|
||||
|
||||
- [Follow Gamestop on Twitter](https://twitter.com/GameStop)
|
||||
|
||||
- [Subscribe to Gamestop's YouTube Channel](https://www.youtube.com/user/gamestopvideo)
|
||||
|
||||
- [Follow Gamestop on Twitch](https://www.twitch.tv/gamestop)
|
||||
|
||||
- [Follow Gamestop on Instagram](https://www.instagram.com/gamestop/?hl=en)
|
||||
|
||||
- [Follow Gamestop on Facebook](https://www.facebook.com/GameStop)
|
||||
|
||||
- [Apple Devices- Download the Gamestop App](https://apps.apple.com/us/app/gamestop/id406033647) (Link to App Store)
|
||||
|
||||
- [Android Devices- Download the Gamestop App](https://play.google.com/store/apps/details?id=com.gamestop.powerup) (Link to Play Shop)
|
||||
|
||||
- Brands owned by Gamestop; ThinkGeek, GameInformer, [MicroMania](https://www.micromania.fr/), and [EB Games](https://www.ebgames.ca/)
|
||||
|
||||
- [Gamestop Ireland](https://www.gamestop.ie/), [Gamestop Germany](https://www.gamestop.de/)
|
||||
|
||||
Please remember apes, as you are interacting with Gamestop Social Media, that their objective is to reach gamers and promote their brand to their demographic. Yes it's fun when they tweet MOASS and Chickie Tendies, but let's not flood them with comments about Ken, Naked Short Selling, and Mayonnaise. Let's show them support by joining, contributing to, and expanding their robust community of gamers!
|
||||
|
||||
______________________________________________________________________________
|
||||
|
||||
🚨 Reddit down 🚨
|
||||
|
||||
With Reddit having issues during high traffic, exciting moments in this saga, we have discussed what to do if Reddit has an outage.
|
||||
|
||||
IF REDDIT GOES DOWN AT A PIVOTAL MOMENT A LARGE PORTION OF THE MOD TEAM IS ON TWITTER.
|
||||
|
||||
<https://twitter.com/ByeTriangle>
|
||||
|
||||
<https://twitter.com/PinkCatsOnAcid>
|
||||
|
||||
<https://twitter.com/RedChessQueen99>
|
||||
|
||||
<https://twitter.com/rensole>
|
||||
|
||||
<https://twitter.com/u_sharkbaitlol>
|
||||
|
||||
<https://twitter.com/BradduckF>
|
||||
|
||||
IF THERE IS SOMETHING BIG GOING ON WHILE THE OUTAGE IS HAPPENING WE MAY ALSO UTILIZE THE "EMERGENCY BROADCAST SYSTEM" TO RELAY INFO:
|
||||
|
||||
[SuperstonkLive YouTube - Emergency Broadcast System](https://www.youtube.com/channel/UCI4EET9NJPWxUuXGlG6fxPA)
|
||||
|
||||
___________________________________________________________________________________
|
||||
|
||||
*OOK OOK*
|
||||
|
||||
*"I may have been early, but I am not wrong"*
|
@ -0,0 +1,183 @@
|
||||
The Jungle Beat- Thursday 07-08-2021- !powerup! 🚀🚀🚀
|
||||
======================================================
|
||||
|
||||
| Author | Source |
|
||||
| :-------------: |:-------------:|
|
||||
| [u/pinkcatsonacid](https://www.reddit.com/user/pinkcatsonacid/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/ogfjtj/the_jungle_beat_thursday_07082021_powerup/) |
|
||||
|
||||
---
|
||||
|
||||
|
||||
[Daily News 🦍💎🙌🚀](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Daily%20News%20%F0%9F%A6%8D%F0%9F%92%8E%F0%9F%99%8C%F0%9F%9A%80%22&restrict_sr=1)
|
||||
|
||||
*The Jungle Beat will be posted every trading day at 4:20 pm NYSE time!*
|
||||
|
||||
[](https://preview.redd.it/au1w4ehmr1a71.png?width=1426&format=png&auto=webp&s=94bfbbf97edfde4b0da6037195012d6bc510c5a9)
|
||||
|
||||
__________________________________________________________________
|
||||
|
||||
🎤🎸🥁 🦍Welcome to the Jungle🦍🥁🎸🎤
|
||||
|
||||
__________________________________________________________________
|
||||
|
||||
Today's Recap 📈
|
||||
|
||||
$GME Closing Price: $191.38
|
||||
|
||||
Open Price: $179.83
|
||||
|
||||
Daily High: $194.22
|
||||
|
||||
Daily Low: $179.50
|
||||
|
||||
Volume: 2.78 MM
|
||||
|
||||
_____________________________________________________________________
|
||||
|
||||
🖍🍎🚌GME 101🚌🍎🖍
|
||||
|
||||
*If you're new to Superstonk, start here!*
|
||||
|
||||
[Superstonk FAQ](https://www.reddit.com/r/Superstonk/wiki/index/faq#wiki_how_do_i.2C_as_a_retail_investor.2C_stand_a_chance_against_the_hedge_funds.3F) (Updates coming soon)
|
||||
|
||||
[Superstonk Wiki](https://www.reddit.com/r/Superstonk/wiki/index)
|
||||
|
||||
NEW!! We will be having a "Smooth Brain Sunday Megathread" every Sunday as a place to ask all the questions you've been wanting to get answered! Please be advised that all answers provided are from individual users and, as always, any information you receive requires doing your own due diligence!!
|
||||
|
||||
The apes of [r/Superstonk](https://www.reddit.com/r/Superstonk/) sincerely appreciate the time and effort put into getting this information out there. 🦍🤝💪
|
||||
|
||||
_______________________________________________________________________________
|
||||
|
||||
Brick by Brick
|
||||
|
||||
by [u/Bye_Triangle](https://www.reddit.com/u/Bye_Triangle/)
|
||||
|
||||
We all love being partial owners of GameStop, but right now you have the opportunity to support a project that could put a GameStop right in your living room!
|
||||
|
||||
Lego Ideas is a series of kits that Lego puts out from community members' ideas. Each idea is put through a few rounds of voting until it ultimately becomes a Lego set. Some amazing Ape (please make yourself known in the comments if you'd like) put together a proposal for a GameStop Lego set. As of writing this, the project has a total of 158 supporters, but its growing quick. I know that I for one would love to have a little Lego GameStop sitting on my shelf, so if you'd like to see this made, [definitely voice your support here!](https://ideas.lego.com/projects/906f72e1-46fd-4228-b364-a3fbb7cea249) It looks like it needs 10,000 supporters to reach the final milestone of "Expert Review" before being approved for production. *Looks at over half a million apes on Superstonk* 👀
|
||||
|
||||
[](https://preview.redd.it/72opxn5al1a71.jpg?width=1033&format=pjpg&auto=webp&s=b44ba7bacff8921395026ffe8431dd79fb1b4775)
|
||||
|
||||
[](https://preview.redd.it/tozp2p56o1a71.jpg?width=828&format=pjpg&auto=webp&s=7902bfe3c3fed942b715569238c4014dc4ca817c)
|
||||
|
||||
Here's the back of the building, complete with the diamond hand betting dude icon, and the GME chart!! The exit sign is also marked out, because there is no exit strategy 😎
|
||||
|
||||
This gives "Brick By Brick" a whole new meaning!
|
||||
|
||||
Ryan Cohen even tweeted about it
|
||||
|
||||
[](https://preview.redd.it/1p2lfzweo1a71.jpg?width=1080&format=pjpg&auto=webp&s=ce3680311582f1baf0b3e1d3f8db205b404e9660)
|
||||
|
||||
This was mentioned in the new Gamestop discord today. So maybe RC is in the chat? 👀
|
||||
|
||||
[](https://preview.redd.it/i7tvwjezp1a71.png?width=2209&format=png&auto=webp&s=715f756f2cd505488386a07d49a0cbbb6fd0f29a)
|
||||
|
||||
_______________________________________________________________________________
|
||||
|
||||
New Photos Inside Gamestop Fulfillment Center in York, PA
|
||||
|
||||
[](https://preview.redd.it/r6jy3uhtm1a71.png?width=665&format=png&auto=webp&s=a893688a1b77d575c6139702dfddd5accec48b52)
|
||||
|
||||
[](https://preview.redd.it/kdzw7feum1a71.png?width=698&format=png&auto=webp&s=6a7017783952bb5b35b89dad9ad45688b80c1bd7)
|
||||
|
||||
_______________________________________________________________________________
|
||||
|
||||
New TA term- Straight Down Thingy
|
||||
|
||||
*These pics mention other tickers which I am* *not* *endorsing- this is representative of what's going on in the broader market*
|
||||
|
||||
[🛑Uhm guys, tons of stocks and even ETFS are doing a weird, STRAIGHT down thingy. The % drop isn't the crazy part... the fact that SO MUCH of the market is doing this at the EXACT same time is kinda crazy thought..... Right?😍](https://www.reddit.com/r/Superstonk/comments/og5pm9/uhm_guys_tons_of_stocks_and_even_etfs_are_doing_a/) by [u/Philbuzzoff](https://www.reddit.com/user/Philbuzzoff/)
|
||||
|
||||
[](https://preview.redd.it/skgyurf2p1a71.png?width=1080&format=png&auto=webp&s=513182af75a401d70451919905f8833b031ffbd2)
|
||||
|
||||
[](https://preview.redd.it/xb39h8n3p1a71.png?width=1080&format=png&auto=webp&s=d443c3444da8822fde1619ee96d9957e2b3749d4)
|
||||
|
||||
[](https://preview.redd.it/g5b8gt17p1a71.png?width=1080&format=png&auto=webp&s=6b6f810ce666fd56c75fff2a232079d77d57e12b)
|
||||
|
||||
_______________________________________________________________________________
|
||||
|
||||
For new Apes: This is what happened yesterday
|
||||
|
||||
by: [u/derAres](https://www.reddit.com/u/derAres/)
|
||||
|
||||
[](https://preview.redd.it/sfkqdfm1r1a71.png?width=598&format=png&auto=webp&s=25edf42f12ec6ca711772cecaf653f3ca6874c75)
|
||||
|
||||
New apes note: the snapshot of the buy sell ratio is only of Fidelity and does not represent all brokers or the broader market sentiment. Only that specific broker.
|
||||
|
||||
_______________________________________________________________________________
|
||||
|
||||
PSA- Rensole is taking the morning off, so there will be no Daily Stonk tomorrow! Feel better bud! 💖
|
||||
|
||||
_______________________________________________________________________________
|
||||
|
||||
We Like the Company! We Support the Company!
|
||||
|
||||
Obviously you're a shareholder because you love Gamestop and have high hopes for its future. Supporting the company you love on the retail front is a great way for a shareholder to ensure a business' success! Here are several ways you can show your public support for Gamestop;
|
||||
|
||||
- [Shop at Gamestop.com](https://www.gamestop.com/)
|
||||
|
||||
- [Become a PowerUp Rewards Member](https://www.gamestop.com/poweruprewards/)
|
||||
|
||||
- [... Which gets you a subscription to Game Informer Magazine](https://www.gameinformer.com/)
|
||||
|
||||
- [Follow Gamestop on Twitter](https://twitter.com/GameStop)
|
||||
|
||||
- [Subscribe to Gamestop's YouTube Channel](https://www.youtube.com/user/gamestopvideo)
|
||||
|
||||
- [Follow Gamestop on Twitch](https://www.twitch.tv/gamestop)
|
||||
|
||||
- [Follow Gamestop on Instagram](https://www.instagram.com/gamestop/?hl=en)
|
||||
|
||||
- [Follow Gamestop on Facebook](https://www.facebook.com/GameStop)
|
||||
|
||||
- [Apple Devices- Download the Gamestop App](https://apps.apple.com/us/app/gamestop/id406033647) (Link to App Store)
|
||||
|
||||
- [Android Devices- Download the Gamestop App](https://play.google.com/store/apps/details?id=com.gamestop.powerup) (Link to Play Shop)
|
||||
|
||||
- Brands owned by Gamestop; ThinkGeek, GameInformer, [MicroMania](https://www.micromania.fr/), and [EB Games](https://www.ebgames.ca/)
|
||||
|
||||
- [Gamestop Ireland](https://www.gamestop.ie/), [Gamestop Germany](https://www.gamestop.de/)
|
||||
|
||||
Please remember apes, as you are interacting with Gamestop Social Media, that their objective is to reach gamers and promote their brand to their demographic. Yes it's fun when they tweet MOASS and Chickie Tendies, but let's not flood them with comments about Ken, Naked Short Selling, and Mayonnaise. Let's show them support by joining, contributing to, and expanding their robust community of gamers!
|
||||
|
||||
______________________________________________________________________________
|
||||
|
||||
🚨 Reddit down 🚨
|
||||
|
||||
With Reddit having issues during high traffic, exciting moments in this saga, we have discussed what to do if Reddit has an outage.
|
||||
|
||||
IF REDDIT GOES DOWN AT A PIVOTAL MOMENT A LARGE PORTION OF THE MOD TEAM IS ON TWITTER.
|
||||
|
||||
<https://twitter.com/ByeTriangle>
|
||||
|
||||
<https://twitter.com/PinkCatsOnAcid>
|
||||
|
||||
<https://twitter.com/RedChessQueen99>
|
||||
|
||||
<https://twitter.com/rensole>
|
||||
|
||||
<https://twitter.com/u_sharkbaitlol>
|
||||
|
||||
<https://twitter.com/BradduckF>
|
||||
|
||||
<https://twitter.com/StonkSandwich>
|
||||
|
||||
<https://twitter.com/ItsCaptainFan>
|
||||
|
||||
<https://twitter.com/grungromp>
|
||||
|
||||
<https://twitter.com/MetaMadie>
|
||||
|
||||
<https://twitter.com/__badtothebone_>
|
||||
|
||||
IF THERE IS SOMETHING BIG GOING ON WHILE THE OUTAGE IS HAPPENING WE MAY ALSO UTILIZE THE "EMERGENCY BROADCAST SYSTEM" TO RELAY INFO:
|
||||
|
||||
[SuperstonkLive YouTube - Emergency Broadcast System](https://www.youtube.com/channel/UCI4EET9NJPWxUuXGlG6fxPA)
|
||||
|
||||
___________________________________________________________________________________
|
||||
|
||||
*OOK OOK*
|
||||
|
||||
*"I may have been early, but I am not wrong"*
|
||||
|
||||
[](https://preview.redd.it/eokxc04wr1a71.png?width=1600&format=png&auto=webp&s=a233789c48421ca32dcec7012abcd3e2296f2a62)
|
@ -0,0 +1,243 @@
|
||||
The Jungle Beat- Flair Friday! 07-09-2021- LEGOOOO 🚀🚀🚀🚀
|
||||
===========================================================
|
||||
|
||||
| Author | Source |
|
||||
| :-------------: |:-------------:|
|
||||
| [u/pinkcatsonacid](https://www.reddit.com/user/pinkcatsonacid/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/oh3tza/the_jungle_beat_flair_friday_07092021_legoooo/) |
|
||||
|
||||
---
|
||||
|
||||
|
||||
[Daily News 🦍💎🙌🚀](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Daily%20News%20%F0%9F%A6%8D%F0%9F%92%8E%F0%9F%99%8C%F0%9F%9A%80%22&restrict_sr=1)
|
||||
|
||||
*The Jungle Beat will be posted every trading day at 4:20 pm NYSE time!*
|
||||
|
||||
[](https://preview.redd.it/uiiuhjny08a71.png?width=1426&format=png&auto=webp&s=56bc5df1fc553b5e124a85cdbe6897a3e3ea4b37)
|
||||
|
||||
__________________________________________________________________
|
||||
|
||||
🎤🎸🥁 🦍Welcome to the Jungle🦍🥁🎸🎤
|
||||
|
||||
__________________________________________________________________
|
||||
|
||||
Today's Recap 📈
|
||||
|
||||
$GME Closing Price: $191.23
|
||||
|
||||
Open Price: $190.88
|
||||
|
||||
Daily High: $194.78
|
||||
|
||||
Daily Low: $186.75
|
||||
|
||||
Volume: 1.53 MM
|
||||
|
||||
Seriously this is the lowest vol in a year 👀
|
||||
|
||||
[](https://preview.redd.it/5i6ibt4129a71.png?width=1362&format=png&auto=webp&s=3de88941b6b7628ab0d59effbaab0beda8c84eca)
|
||||
|
||||
shoutout u/dlauer for the meme!
|
||||
|
||||
_____________________________________________________________________
|
||||
|
||||
🖍🍎🚌GME 101🚌🍎🖍
|
||||
|
||||
*If you're new to Superstonk, start here!*
|
||||
|
||||
[Superstonk FAQ](https://www.reddit.com/r/Superstonk/wiki/index/faq#wiki_how_do_i.2C_as_a_retail_investor.2C_stand_a_chance_against_the_hedge_funds.3F) (Updates coming soon)
|
||||
|
||||
[Superstonk Wiki](https://www.reddit.com/r/Superstonk/wiki/index)
|
||||
|
||||
NEW!! We will be having a "Smooth Brain Sunday Megathread" every Sunday as a place to ask all the questions you've been wanting to get answered! Please be advised that all answers provided are from individual users and, as always, any information you receive requires doing your own due diligence!!
|
||||
|
||||
The apes of [r/Superstonk](https://www.reddit.com/r/Superstonk/) sincerely appreciate the time and effort put into getting this information out there. 🦍🤝💪
|
||||
|
||||
_______________________________________________________________________________
|
||||
|
||||
Lego Support Achieved, Brick by Brick
|
||||
|
||||
[](https://preview.redd.it/so6s4ihbg8a71.jpg?width=1080&format=pjpg&auto=webp&s=471681f08dde11184fd9e26026db335b74f0aa5c)
|
||||
|
||||
awww yissss
|
||||
|
||||
[](https://preview.redd.it/c4vc6igdg8a71.png?width=640&format=png&auto=webp&s=994d6229e9eee28577dab54dd226e217364304f3)
|
||||
|
||||
thanks u/zedinstead
|
||||
|
||||
Well Superstonkers, between the apes on this sub and the people who saw RC's tweet yesterday about the Gamestop lego set, it appears it has received full support needed to make it to the next phase of development. Seems like the perfect keepsake to remember just how much we love the stock, and the store. I would most certainly buy 2 so I could keep one in the box forever, and repeatedly step on the other set around my mansion for years to come. 🙃
|
||||
|
||||
_______________________________________________________________________________
|
||||
|
||||
Community Spotlight
|
||||
|
||||
Must read DD- [u/PWNWTFBBQ](https://www.reddit.com/user/PWNWTFBBQ/) [Thinks they figured out the shorting algorithm](https://www.reddit.com/r/Superstonk/comments/ogjkao/i_think_i_figured_out_the_shorting_algorithm/).
|
||||
|
||||
[](https://preview.redd.it/kw6ptu9bo8a71.png?width=772&format=png&auto=webp&s=11af90f992079edec10068b7530631b129671f70)
|
||||
|
||||
meme cred u/PWNWTFBBQ
|
||||
|
||||
Codes
|
||||
|
||||
by [u/Captain-Fan](https://www.reddit.com/u/Captain-Fan/)
|
||||
|
||||
Hey Captain-Fan here, happy to see that his programming knowledge is finally useful to get in on the tweet explanation game.
|
||||
|
||||
[](https://preview.redd.it/uc3mwpltv8a71.jpg?width=1080&format=pjpg&auto=webp&s=97aa5f12416ce7d72a40ed8207b70c7d0c498cff)
|
||||
|
||||
A pull request is a coding thing, it means that you've added some code to a project and are asking the owner of that project to add it.
|
||||
|
||||
When multiple programmers are writing a program together, it is very important that they don't accidentally overwrite each other's changes. To prevent this each developer downloads a copy of the 'master' version of the code. This master version contains all the accepted changes to the code, so you are sure that it will work. The developer will then start writing new code, and submitting pull-requests. When receiving a pull request, the owner of the code will check if it does not cause issues, and accept the request if it doesn't. This new code is now part of the master version, so that the other programmers also download the new code the next time they download a copy of the master version
|
||||
|
||||
Relevant Post
|
||||
|
||||
[One of the addresses associated with the GameStop NFT had a transaction today. Any wrinkle brains able to tell what it was used for?](https://www.reddit.com/r/Superstonk/comments/ogjbcy/one_of_the_addresses_associated_with_the_gamestop/)
|
||||
|
||||
Top comment from [u/nuclear-falcon](https://www.reddit.com/u/nuclear-falcon/):
|
||||
|
||||
Official Gamestop NFT Contract "GME NFT":
|
||||
|
||||
0x13374200c29C757FDCc72F15Da98fb94f286d71e
|
||||
|
||||
Was created by "Creator":
|
||||
|
||||
0x10b16eede03cf73cbf44e4bfffa3e6bff36f1fad
|
||||
|
||||
"Creator" is the account in question that OP linked.
|
||||
|
||||
*Creator is a contract itself!* If you go to the contract's [etherscan page](https://etherscan.io/address/0x10b16eede03cf73cbf44e4bfffa3e6bff36f1fad#readProxyContract) -> Contract -> "Read Contract as Proxy" you can get a little bit of information. The NAME field is "Gnosis Safe" which is a service in the form of a contract to force multiple people in a company to sign off on transactions before they happen, which is how you keep crypto at a company safe. [Here](https://help.gnosis-safe.io/en/articles/3876456-what-is-gnosis-safe) is a brief overview from their website.
|
||||
|
||||
If you go to the Creator address, you'll see a transaction from ~8 hours ago and then one that happened ~5 minutes ago (all from the time of writing). The "Events" tab on etherscan allows you to see which functions were executed.
|
||||
|
||||
Transaction from ~8 hours ago was to add "Add Owner" function execution. I think this means they added another person who can sign off on transactions.
|
||||
|
||||
Transaction from ~5 minutes ago executed 2 functions:
|
||||
|
||||
Remove Owner - to Remove a person/wallet from signing off on transactions
|
||||
|
||||
Add Owner - same as the one from ~8 hours ago that adds someone
|
||||
|
||||
What I think this means:
|
||||
|
||||
The NFTeam is adding new people who have rights to sign off on transactions with the official GameStop company crypto. This is a security measure that means no single person at the company can control/steal/send crypto to anyone else
|
||||
|
||||
🚀🚀🚀🚀🚀
|
||||
|
||||
_______________________________________________________________________________
|
||||
|
||||
Personal FUD: Defeating the Enemy Within
|
||||
|
||||
by [u/bradduck_flyntmoore](https://www.reddit.com/u/bradduck_flyntmoore/)
|
||||
|
||||
Howdy apes! [u/Bradduck_Flyntmoore](https://www.reddit.com/u/Bradduck_Flyntmoore/) here! Today, I'd like to talk to you all about Personal FUD and how to overcome it. What IS personal FUD, you might ask? For the newer apes who might not know, FUD is an acronym meaning Fear, Uncertainty and Doubt. It often comes in the form of shills using disinformation or misdirection, even straight up lies or threats. BUT, it is also all those negative thoughts creeping around in your head that whisper negativity to you.
|
||||
|
||||
"You didn't earn this." "It'll never work out, it never does." "You'll find a way to mess this up, just like everything else you touch." "Other people deserve this more than you." "Give up, it isn't worth it." "What about all the people that will suffer if you break the economy?" "You never get lucky, this is no different." Those are just a few examples of personal FUD. The things we say to ourselves that bring us down and make us question why we are even here in the first place.
|
||||
|
||||
I've seen a lot of apes go through this, especially when they first get deeply involved with GameStop. Hell, I went through it. It is for this reason I write to you today, to let you know: apes together strong; you ARE worthy; and you DO deserve happiness and tendies. I shall now elaborate.
|
||||
|
||||
Whose capital are you investing? Yours. Whose time are you dedicating to learning about the stock and the market as a whole? Yours. Who has to deal with the shills constantly trying to drag apes down and convince them they are wrong? It's YOU! It is all apes. Who has been patiently waiting for days, weeks, or months, only to watch the stock get manipulated like crazy? You again. But guess what? Apes are STILL winning, despite all the fuckery they can muster.
|
||||
|
||||
Nobody made you do any of that. It wasn't luck. It was all a conscious choice you made to better yourself, your life, and the lives of those you care about. Is it a risk? Sure, most worthwhile things are. There is no way to know what the future holds. This risk, unlike most others, however, is extremely calculated. There is a mind-boggling amount of info supporting a MOASS. Hedgies r fuk, as the saying goes. Just look at the media for confirmation. How long has this "been over" now? I don't know about the rest of you, but I ain't hear no bell!!
|
||||
|
||||
As a community, I've seen some incredible love and respect and knowledge and kindness and humor being passed around. Blows my mind every day. This is, in my humble opinion, the greatest place on the internet, and what apes are doing WILL change the world. It has already started. Just look at all the new rules that are being put into place because of the actions of apes! Look at the extremely knowledgeable, industry professional AMA guests that come here and the light that burns in their eyes upon seeing how serious apes are about breaking the corrupt game to pieces. It's amazing. They know it, I know it, apes should know it, too.
|
||||
|
||||
I'd like to leave this on a note for those who still have Personal FUD rattling in their heads, despite what I have said here. Reach out to your fellow apes. Engage in the community. Learn. Laugh. Don't be afraid to talk about your Fear, Uncertainty, and Doubt. WE HAVE ALL BEEN THERE. Some of us likely still are. Lean on the apes that have more experience or have been in the game longer. Apes Together Strong means helping each other become better than we are, every day. I do not Fear for our future, rather, I am excited for it. I am not Uncertain of the outcome, as we have already won; it's just a matter of waiting for reality to catch up. And I do not Doubt apes will change the world, as I can see it happening before my very eyes.
|
||||
|
||||
Power to the Player! 🚀🌙
|
||||
|
||||
______________________________________________________________________________
|
||||
|
||||
Time Out! 🙅♀️
|
||||
|
||||
by Pink
|
||||
|
||||
As we approach another weekend, I want to first commend everyone here for doing such an amazing job of helping to keep the sub clean. As difficult as it seems sometimes, we are running like a well-oiled machine. Having said that, I would like to take a minute to discuss the reality here.
|
||||
|
||||
Whatever is happening in the broader market right now- [which seems to indicate a big correction coming](https://www.reddit.com/r/Superstonk/comments/ogp3se/a_tldr_history_of_market_crashes/)- is going to happen regardless of what happens in this sub. We are a community of wonderful apes that all happen to share a love of the stock, and it's wonderful to be able to congregate here and discuss the future of the stock we like and company we love. This will seriously be a time we will always look back on fondly, no matter what the future holds.
|
||||
|
||||
But I stress again, that whatever is about to happen, is set to happen. If the stock goes up, if the market crashes, moon soon or not, millis or billis or trillis or whatever... it is going to happen no matter what we do. The power is not in our hands. All I do is buy a stock I like and HODL it tight. And I have all the time in the world for that, it doesn't cost me a dime more than the ask.
|
||||
|
||||
The hedgies must pay every day that they hold a short position. And not just the implied cost of holding the position. They have to pay the media for their spun narrative, and their shills to infiltrate and harass our community.
|
||||
|
||||
*Which brings me to another point. We don't harass anyone. Not hedgies, not other subs, and not former mods. So anything referencing that mod and their recent visit to our sub will be removed.*
|
||||
|
||||
So spend some time away whenever you can from the craziness that we are witnessing. Go outside, drink lots of water, spend time with the fam and friends... pet your dog and HODL your shares. We'll get there when we get there. ✌💖
|
||||
|
||||
[](https://preview.redd.it/tnfkhvpzx8a71.jpg?width=900&format=pjpg&auto=webp&s=f158d3e0332ec950639e8a27e515a6b97d82e2a4)
|
||||
|
||||
Don't forget you can comment !powerup! for your limited edition Power to the Players flair! Happy Friday!
|
||||
|
||||
______________________________________________________________________________
|
||||
|
||||
We Like the Company! We Support the Company!
|
||||
|
||||
Obviously you're a shareholder because you love Gamestop and have high hopes for its future. Supporting the company you love on the retail front is a great way for a shareholder to ensure a business' success! Here are several ways you can show your public support for Gamestop;
|
||||
|
||||
- [Shop at Gamestop.com](https://www.gamestop.com/)
|
||||
|
||||
- [Become a PowerUp Rewards Member](https://www.gamestop.com/poweruprewards/)
|
||||
|
||||
- [... Which gets you a subscription to Game Informer Magazine](https://www.gameinformer.com/)
|
||||
|
||||
- [Follow Gamestop on Twitter](https://twitter.com/GameStop)
|
||||
|
||||
- [Subscribe to Gamestop's YouTube Channel](https://www.youtube.com/user/gamestopvideo)
|
||||
|
||||
- [Follow Gamestop on Twitch](https://www.twitch.tv/gamestop)
|
||||
|
||||
- [Follow Gamestop on Instagram](https://www.instagram.com/gamestop/?hl=en)
|
||||
|
||||
- [Follow Gamestop on Facebook](https://www.facebook.com/GameStop)
|
||||
|
||||
- [Apple Devices- Download the Gamestop App](https://apps.apple.com/us/app/gamestop/id406033647) (Link to App Store)
|
||||
|
||||
- [Android Devices- Download the Gamestop App](https://play.google.com/store/apps/details?id=com.gamestop.powerup) (Link to Play Shop)
|
||||
|
||||
- Brands owned by Gamestop; ThinkGeek, GameInformer, [MicroMania](https://www.micromania.fr/), and [EB Games](https://www.ebgames.ca/)
|
||||
|
||||
- [Gamestop Ireland](https://www.gamestop.ie/), [Gamestop Germany](https://www.gamestop.de/)
|
||||
|
||||
- [New! Gamestop Discord!](https://t.co/TkbaCsiHQM?amp=1)
|
||||
|
||||
Please remember apes, as you are interacting with Gamestop Social Media, that their objective is to reach gamers and promote their brand to their demographic. Yes it's fun when they tweet MOASS and Chickie Tendies, but let's not flood them with comments about Ken, Naked Short Selling, and Mayonnaise. Let's show them support by joining, contributing to, and expanding their robust community of gamers!
|
||||
|
||||
______________________________________________________________________________
|
||||
|
||||
🚨 Reddit down 🚨
|
||||
|
||||
With Reddit having issues during high traffic, exciting moments in this saga, we have discussed what to do if Reddit has an outage.
|
||||
|
||||
IF REDDIT GOES DOWN AT A PIVOTAL MOMENT A LARGE PORTION OF THE MOD TEAM IS ON TWITTER.
|
||||
|
||||
<https://twitter.com/ByeTriangle>
|
||||
|
||||
<https://twitter.com/PinkCatsOnAcid>
|
||||
|
||||
<https://twitter.com/RedChessQueen99>
|
||||
|
||||
<https://twitter.com/rensole>
|
||||
|
||||
<https://twitter.com/u_sharkbaitlol>
|
||||
|
||||
<https://twitter.com/BradduckF>
|
||||
|
||||
<https://twitter.com/StonkSandwich>
|
||||
|
||||
<https://twitter.com/ItsCaptainFan>
|
||||
|
||||
<https://twitter.com/grungromp>
|
||||
|
||||
<https://twitter.com/MetaMadie>
|
||||
|
||||
<https://twitter.com/__badtothebone_>
|
||||
|
||||
IF THERE IS SOMETHING BIG GOING ON WHILE THE OUTAGE IS HAPPENING WE MAY ALSO UTILIZE THE "EMERGENCY BROADCAST SYSTEM" TO RELAY INFO:
|
||||
|
||||
[SuperstonkLive YouTube - Emergency Broadcast System](https://www.youtube.com/channel/UCI4EET9NJPWxUuXGlG6fxPA)
|
||||
|
||||
___________________________________________________________________________________
|
||||
|
||||
*OOK OOK*
|
||||
|
||||
*"I may have been early, but I am not wrong"*
|
||||
|
||||
[](https://preview.redd.it/algsl1yw08a71.png?width=1600&format=png&auto=webp&s=9049aecc1134c7b7b283a1c5092d493381a4aafd)
|
@ -0,0 +1,92 @@
|
||||
Jerkin' it with Gherkinit S4E2 Live Charting for 7/2/21
|
||||
=======================================================
|
||||
|
||||
| Author | Source |
|
||||
| :-------------: |:-------------:|
|
||||
| [u/gherkinit](https://www.reddit.com/user/gherkinit/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/oc98wy/jerkin_it_with_gherkinit_s4e2_live_charting_for/) |
|
||||
|
||||
---
|
||||
|
||||
[Discussion 🦍](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Discussion%20%F0%9F%A6%8D%22&restrict_sr=1)
|
||||
|
||||
Good Morning Superstonk!
|
||||
|
||||
No time to say, hello, goodbye. I'm late, I'm late, I'm late.
|
||||
|
||||
[](https://preview.redd.it/lvw117i1ns871.png?width=275&format=png&auto=webp&s=4498341ca303121040570710c5d3e7a48693f0e3)
|
||||
|
||||
Spent all night down some rabbit holes
|
||||
|
||||
If you guys haven't had a chance to [Check out this weeks forward looking TA](https://www.reddit.com/r/Superstonk/comments/o96vcy/jerkin_it_with_gherkinit_forward_looking/)
|
||||
|
||||
Join us in the Daily Livestream <https://www.youtube.com/c/PickleFinancial>
|
||||
|
||||
Or listen along with our live audio feed on [Discord](https://discord.gg/HbqnUVsSrH)
|
||||
|
||||
(save these links in case reddit goes down)
|
||||
|
||||
*(this post will read from top to bottom)*
|
||||
|
||||
Historical Resistance/Support:
|
||||
|
||||
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 157 (previous ATM offering), 158.5, 162.5, 163, 165.5, 172, 174, 176.5, 179, 180.5, 182, 183.5, 184.5, 186, 187.5, 190.5, 192, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 225.20 (new ATM offering) 226, 232.5, 235, 242.5, 250, 255, 262.5, 275, 285, 300, 302.50, 310, 317.50, 325, 332.5, 345, 350, moon base...
|
||||
|
||||
The sideways this week was less fun than I like to have with my crayons, but apes strong. There always a light at the end of the tunnel. Thank you all for tuning in I'll se you on Tuesday morning as the markets will be closed in observance of Independence Day.
|
||||
|
||||
[](https://preview.redd.it/ld19iyclvu871.png?width=700&format=png&auto=webp&s=0d3af93b785094e6ca68f13f3f7829b7242ccf05)
|
||||
|
||||
- Gherkinit
|
||||
|
||||
Edit 6 3:33
|
||||
|
||||
Fuck equities we own palindromes
|
||||
|
||||
[](https://preview.redd.it/gdgz62nbqu871.png?width=2289&format=png&auto=webp&s=fbb449de8174933e3aa8da5e21e152895fe17576)
|
||||
|
||||
Edit 5 1:25
|
||||
|
||||
Oooooo the claw.....
|
||||
|
||||
[](https://preview.redd.it/j09y5t7f3u871.png?width=1609&format=png&auto=webp&s=15c35e68ff869f297c83eb06ecda6b2e1547d06d)
|
||||
|
||||
Edit 4 12:20
|
||||
|
||||
Illiquidity
|
||||
|
||||
[](https://preview.redd.it/wrt6ux0wrt871.png?width=1633&format=png&auto=webp&s=c3d55c5293df909883a67019fbf86b6f36bcee2d)
|
||||
|
||||
Edit 3 10:54
|
||||
|
||||
Chop on 200 support just over 1 mil in volume
|
||||
|
||||
[](https://preview.redd.it/m5qzjpylct871.png?width=1603&format=png&auto=webp&s=3b67785fd781c453528309de296c077f195e2bf0)
|
||||
|
||||
Edit 2 9:56
|
||||
|
||||
Shorts are doing their thing
|
||||
|
||||
[](https://preview.redd.it/k68oqol52t871.png?width=1638&format=png&auto=webp&s=e2ab212411b62fc6fae0e2d34a88c377130e52ed)
|
||||
|
||||
Edit 1 9:50
|
||||
|
||||
Flat low volume
|
||||
|
||||
[](https://preview.redd.it/25k9e7c01t871.png?width=1510&format=png&auto=webp&s=513d0811f8715714170bbfb897ddb8451e2b4dfc)
|
||||
|
||||
Pre-Market Analysis
|
||||
|
||||
16k volume, with 400k shares available to borrow. Yesterday we got pushed down a bit on basically non-existent volume, with 65% shares traded, sold short. It would seem to a trained eye that there is no liquidity in the stock. Pre-Market has a steady uptrend maybe we see some movement going into the long weekend. Very decent OI on the options chain from 220-250
|
||||
|
||||
[](https://preview.redd.it/kfwb44vcos871.png?width=1603&format=png&auto=webp&s=00eb4edd4dca09b4f981e8cdf35dbdda34d52785)
|
||||
|
||||
[](https://preview.redd.it/nhyd1od7os871.png?width=629&format=png&auto=webp&s=539978bf55598bced4596f1f153a5f2f91495017)
|
||||
|
||||
Disclaimer
|
||||
|
||||
** Although my profession is day trading, I in no way endorse day-trading of GME not only does it present significant risk, it can delay the squeeze.*
|
||||
|
||||
**My YouTube channel is "monetized" if that is something you are uncomfortable with, I understand, while I wouldn't say I profit greatly from the views, I do suggest you use ad-block when viewing it if you feel so compelled.* *My intention is simply benefit this community. For those that find value in and feel compelled to reward my work, I thank you. For those that do not I encourage you to enjoy the content. As always this information is intended to be free to everyone.*
|
||||
|
||||
**This is not Financial advice. The ideas and opinions expressed here are for educational and entertainment purposes only.*
|
||||
|
||||
* *No position is worth your life and debt can always be repaid. Please if you need help reach out this community is here for you. Also the NSPL Phone: 800-273-8255 Hours: Available 24 hours. Languages: English, Spanish.* [*Learn more*](https://suicidepreventionlifeline.org/)
|
@ -0,0 +1,110 @@
|
||||
Jerkin' in with Gherkinit S4 E3 Live Charting for 7/6/21
|
||||
========================================================
|
||||
|
||||
| Author | Source |
|
||||
| :-------------: |:-------------:|
|
||||
| [u/gherkinit](https://www.reddit.com/user/gherkinit/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/oetyie/jerkin_in_with_gherkinit_s4_e3_live_charting_for/) |
|
||||
|
||||
---
|
||||
|
||||
[Discussion 🦍](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Discussion%20%F0%9F%A6%8D%22&restrict_sr=1)
|
||||
|
||||
Good Morning Superstonk!
|
||||
|
||||
Now officially a pickle, I'm ready to scribble even more furiously with my crayons than ever before.
|
||||
|
||||
I wanted to seriously take a moment and thank all of you apes for all your support knowing you are watching and interested in learning has been what has motivated me to do this every day for the last few months. Thank you all so much for the kind words, encouragement, and motivation.
|
||||
|
||||
I'm pretty stoked on this week we had a very nice period of consolidation and I'm think that today or tomorrow we should begin to see some upside.
|
||||
|
||||
If you guys haven't had a chance to [Check out this weeks forward looking TA](https://www.reddit.com/r/Superstonk/comments/oe8h49/jerkin_it_with_gherkinit_forward_looking_ta_for/)
|
||||
|
||||
Join us in the Daily Livestream <https://www.youtube.com/c/PickleFinancial>
|
||||
|
||||
Or listen along with our live audio feed on [Discord](https://discord.gg/HbqnUVsSrH)
|
||||
|
||||
(save these links in case reddit goes down)
|
||||
|
||||
*(this post will read from top to bottom)*
|
||||
|
||||
Historical Resistance/Support:
|
||||
|
||||
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 157 (previous ATM offering), 158.5, 162.5, 163, 165.5, 172, 174, 176.5, 179, 180.5, 182, 183.5, 184.5, 186, 187.5, 190.5, 192, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 225.20 (new ATM offering) 226, 232.5, 235, 242.5, 250, 255, 262.5, 275, 280, 285, 300, 302.50, 310, 317.50, 325, 332.5, 340, 350, 400, 483, moon base...
|
||||
|
||||
Closing Bell
|
||||
|
||||
I suspect the SHFs are holding the price down throughout the day then allowing it to climb/covering a small amount of daily shorts towards power hour in order to spike the IV for the next morning. Possibly in order to make gamma ramps more expensive to set up. Either way rough day but we had that nice bounce a couple times down @ 194 closing in on 200 in aftermarket. Thank you all for tuning in and see ya tomorrow
|
||||
|
||||
- Gherkinit
|
||||
|
||||
[](https://preview.redd.it/ugxq6166fn971.png?width=705&format=png&auto=webp&s=3fc1bca6cbcd2cfd39cd661625690cb2ed7e2e27)
|
||||
|
||||
Edit 7 3:23
|
||||
|
||||
Moving up to another test at VWAP hopefully some volume before close to get us back above 200 would be fantastic.
|
||||
|
||||
[](https://preview.redd.it/qcp7rcv68n971.png?width=1508&format=png&auto=webp&s=b53e3812055918a11b8b2520cb52447c77607435)
|
||||
|
||||
Edit 6 1:57
|
||||
|
||||
Nice bounce off that long term trend. Some Iran uranium stuff has the spy getting all excited. Easing that downward pressure we could have a nice power hour.
|
||||
|
||||
[](https://preview.redd.it/tqz0h6zzsm971.png?width=1640&format=png&auto=webp&s=f28f040e9f9165b5493bf89a2d09ea71cfeb7684)
|
||||
|
||||
Edit 5 12:52
|
||||
|
||||
Still down and sideways trading on top of that long term resistance now at 194
|
||||
|
||||
[](https://preview.redd.it/ydstjf6ahm971.png?width=1430&format=png&auto=webp&s=4bea1fce381547e750d55c6a613000af2e38f91d)
|
||||
|
||||
Edit 4 10:45
|
||||
|
||||
GME and SPY running real close but our lack of liquidity is preventing bigger dips. Apes hodl.
|
||||
|
||||
[](https://preview.redd.it/hwp00n4oul971.png?width=1621&format=png&auto=webp&s=3f1e57cd6f5e34b842fec378a81b93f8fad256bb)
|
||||
|
||||
Edit 3
|
||||
|
||||
Double bottom might see a bounce the volume is still sub 1m so maybe just back to 200~
|
||||
|
||||
[](https://preview.redd.it/b9vt0quiql971.png?width=1630&format=png&auto=webp&s=819af0883e2cb20604014c983ae799a127ad4fa2)
|
||||
|
||||
Edit 2
|
||||
|
||||
looking at 194 on that lower trend line
|
||||
|
||||
[](https://preview.redd.it/ahz845xall971.png?width=1613&format=png&auto=webp&s=e849811ad8c792b39e2aa263d80a724de9848a18)
|
||||
|
||||
Edit 1
|
||||
|
||||
SPY tanking overall market dragging us down on low volume
|
||||
|
||||
[](https://preview.redd.it/gdntqqtijl971.png?width=1627&format=png&auto=webp&s=9748041b6c67240c988a5d40b04feb588da3642b)
|
||||
|
||||
Pre-Market Analysis
|
||||
|
||||
We got another awesome announcement this morning about GameStop's new 530,000 sq.ft. facility in Reno, Nevada, so I expect we will drop /s. Thankfully it looks like they are gonna start deploying some of that capital before inflation sets in which will drive value in the long-term. Currently sitting on about 450k shares to borrow and low pre-market volume @ 18k.
|
||||
|
||||
While I fully expect us to bounce on the low-trend of the cup & handle there is a possibility that we trade down today and bounce off the long-term trend indicated by the ascending triangle on this weeks formation
|
||||
|
||||
[](https://preview.redd.it/kseva7g02l971.png?width=2456&format=png&auto=webp&s=0651b18869ae3908c75b03c956f6b27f8a63c9e4)
|
||||
|
||||
Lower cup & handle trend bounce expected (red dotted line) possible bounce off the long-term trend (Lower solid yellow line) Cup & Handle on 1D Timescale
|
||||
|
||||
A bounce today would give us a very nice bullish crossover on the 1D MACD
|
||||
|
||||
[](https://preview.redd.it/rvcmv9vj2l971.png?width=1629&format=png&auto=webp&s=baf9253c168fe3d424f8e299015ab3608bca734c)
|
||||
|
||||
MACD 1D Timescale
|
||||
|
||||
Lastly CV_VWAP not currently signaling arbitrage opportunities but there is a chance we could see something closer to market open. I will continue to monitor this.
|
||||
|
||||
Disclaimer
|
||||
|
||||
** Although my profession is day trading, I in no way endorse day-trading of GME not only does it present significant risk, it can delay the squeeze.*
|
||||
|
||||
**My YouTube channel is "monetized" if that is something you are uncomfortable with, I understand, while I wouldn't say I profit greatly from the views, I do suggest you use ad-block when viewing it if you feel so compelled.* *My intention is simply benefit this community. For those that find value in and feel compelled to reward my work, I thank you. For those that do not I encourage you to enjoy the content. As always this information is intended to be free to everyone.*
|
||||
|
||||
**This is not Financial advice. The ideas and opinions expressed here are for educational and entertainment purposes only.*
|
||||
|
||||
* *No position is worth your life and debt can always be repaid. Please if you need help reach out this community is here for you. Also the NSPL Phone: 800-273-8255 Hours: Available 24 hours. Languages: English, Spanish.* [*Learn more*](https://suicidepreventionlifeline.org/)
|
@ -0,0 +1,96 @@
|
||||
Jerkin' it with Gherkinit S4 E5 Live Charting for 7/8/21
|
||||
========================================================
|
||||
|
||||
| Author | Source |
|
||||
| :-------------: |:-------------:|
|
||||
| [u/gherkinit](https://www.reddit.com/user/gherkinit/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/og6be3/jerkin_it_with_gherkinit_s4_e5_live_charting_for/) |
|
||||
|
||||
---
|
||||
|
||||
[Discussion 🦍](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Discussion%20%F0%9F%A6%8D%22&restrict_sr=1)
|
||||
|
||||
Goood Morning Superstonk!
|
||||
|
||||
So unfortunately today I will have a power outage from around 10am - 2pm EDT (UTC-4) this is an estimate it may take a bit longer. I will be back and continue posting as soon as the power is back on I just wanted to let you guys know about the interruption. I may have the discord live audio going during that time if I can facilitate that.
|
||||
|
||||
If you guys haven't had a chance to [Check out this weeks forward looking TA](https://www.reddit.com/r/Superstonk/comments/oe8h49/jerkin_it_with_gherkinit_forward_looking_ta_for/)
|
||||
|
||||
Join us in the Daily Livestream <https://www.youtube.com/c/PickleFinancial>
|
||||
|
||||
Or listen along with our live audio feed on [Discord](https://discord.gg/HbqnUVsSrH)
|
||||
|
||||
(save these links in case reddit goes down)
|
||||
|
||||
*(this post will read from top to bottom)*
|
||||
|
||||
Historical Resistance/Support:
|
||||
|
||||
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 157 (previous ATM offering), 158.5, 162.5, 163, 165.5, 172, 174, 176.5, 179, 180.5, 182, 183.5, 184.5, 186, 187.5, 190.5, 192, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 225.20 (new ATM offering) 226, 232.5, 235, 242.5, 250, 255, 262.5, 275, 280, 285, 300, 302.50, 310, 317.50, 325, 332.5, 340, 350, 400, 483, moon base...
|
||||
|
||||
After Market
|
||||
|
||||
Well we ended slightly up un the day but that movement was robbed about 15 seconds into after-market trading either way a green close is a green close. Sorry there wasn't a lot to say today after we tested 190 the fifth time we were pretty flat. Looks like some gamma from puts is dragging us down along with the overall market. Thank you all again for the support I'll see you bright and early tomorrow.
|
||||
|
||||
- Gherkinit
|
||||
|
||||
[](https://preview.redd.it/mwfy3iu4p1a71.png?width=710&format=png&auto=webp&s=278750d5d1cf30a7907496a4d64a9256b5f14bde)
|
||||
|
||||
Edit 6 1:53
|
||||
|
||||
So flat...
|
||||
|
||||
[](https://preview.redd.it/15gz4e7021a71.png?width=1616&format=png&auto=webp&s=836c45cb5c83f42a785a3065ba2c864fb4a8cc20)
|
||||
|
||||
Edit 5 12:29
|
||||
|
||||
Nice bullflag popped us through 190 but buy pressure slacked off so instead of a another breakout we are just in an ascending channel. Looks bullish going into the afternoon however.
|
||||
|
||||
[](https://preview.redd.it/lkm6pdfym0a71.png?width=1622&format=png&auto=webp&s=13f86a2069fcd7b4454154103660e0b822745607)
|
||||
|
||||
Edit 4 11:13
|
||||
|
||||
Good opportunity to break through 190 right now
|
||||
|
||||
[](https://preview.redd.it/1i06vche90a71.png?width=1612&format=png&auto=webp&s=a62b960b723977deeb912a6ac7c2be475c8e7af7)
|
||||
|
||||
Edit 3 10:52
|
||||
|
||||
Sideways under VWAP this is a good opportunity if bull side wants to break resistance. SPY chopping but still in a downtrend.
|
||||
|
||||
[](https://preview.redd.it/3mv084cn50a71.png?width=1616&format=png&auto=webp&s=c7df4af381e2531e6cfdb4fb1ad8cfa2a96741d3)
|
||||
|
||||
Edit 2 10:24
|
||||
|
||||
SPY dropping some more gme holding above VWAP after failed test of 190
|
||||
|
||||
[](https://preview.redd.it/ci7kre6m00a71.png?width=1626&format=png&auto=webp&s=9ce0c4baa880938082e2520f8d7d5f5a52516d1b)
|
||||
|
||||
Edit 1 9:51
|
||||
|
||||
I love watching apes hodl. GME holding really strong against outward market pressure
|
||||
|
||||
[](https://preview.redd.it/00a6t6iquz971.png?width=1624&format=png&auto=webp&s=3aa9f6eeb0a44f59fc1f3cbc16c1ba6aeb8dd760)
|
||||
|
||||
Pre-Market
|
||||
|
||||
400k shares were borrowed this morning at pre-market open so far 200k have been returned. We had a big gap down but pre-market volume is at the highest for this week (45k) we could see a bounce this morning but with the massive drop on the market it could be a red day. The market coming down like this is beneficial short term to the short positions as it drives interest elsewhere and it is easy to drop the price on low volume. Remember when fuckery is afoot hodl and enjoy the sale.
|
||||
|
||||
[](https://preview.redd.it/hz2r0huigz971.png?width=1613&format=png&auto=webp&s=c72a1ad7600ef808345738e12c4154c1ad611c3d)
|
||||
|
||||
GME pre-market
|
||||
|
||||
The SPY is down 133 basis points in the pre-market today this is some not insignificant movement towards those corrections zones we discussed in the weekly. However this could bounce back quickly.
|
||||
|
||||
[](https://preview.redd.it/zy88lqmwgz971.png?width=1617&format=png&auto=webp&s=79673eb2f5df159730ad7e1348224a1c2b0902a3)
|
||||
|
||||
SPY pre-market
|
||||
|
||||
Disclaimer
|
||||
|
||||
** Although my profession is day trading, I in no way endorse day-trading of GME not only does it present significant risk, it can delay the squeeze.*
|
||||
|
||||
**My YouTube channel is "monetized" if that is something you are uncomfortable with, I understand, while I wouldn't say I profit greatly from the views, I do suggest you use ad-block when viewing it if you feel so compelled.* *My intention is simply benefit this community. For those that find value in and feel compelled to reward my work, I thank you. For those that do not I encourage you to enjoy the content. As always this information is intended to be free to everyone.*
|
||||
|
||||
**This is not Financial advice. The ideas and opinions expressed here are for educational and entertainment purposes only.*
|
||||
|
||||
* *No position is worth your life and debt can always be repaid. Please if you need help reach out this community is here for you. Also the NSPL Phone: 800-273-8255 Hours: Available 24 hours. Languages: English, Spanish.* [*Learn more*](https://suicidepreventionlifeline.org/)
|
@ -0,0 +1,124 @@
|
||||
erkin' it with Gherkinit S4 E6 Live Charting with 7/9/2021
|
||||
==========================================================
|
||||
|
||||
| Author | Source |
|
||||
| :-------------: |:-------------:|
|
||||
| [u/gherkinit](https://www.reddit.com/user/gherkinit/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/ogutdb/jerkin_it_with_gherkinit_s4_e6_live_charting_with/) |
|
||||
|
||||
---
|
||||
|
||||
[Discussion 🦍](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Discussion%20%F0%9F%A6%8D%22&restrict_sr=1)
|
||||
|
||||
Happy Friday Apes!
|
||||
|
||||
Woke up to a packed inbox this morning.
|
||||
|
||||
1. Yes, I know he-who-must-not-be-named has crossed over to the meltdown side, it happens when you lose $1000s betting options on tweets...
|
||||
|
||||
2. We spent 2 hours yesterday talking about Tropic Thunder on stream and Elon Tweeted about it.
|
||||
|
||||
3. I got my own [fucking trading card](https://www.reddit.com/r/Superstonk/comments/ogsv2c/it_time_to_reveal_the_very_first_wrinkle_brain/)! Huge shoutout to [u/ClearEye2428](https://www.reddit.com/u/ClearEye2428/)
|
||||
|
||||
4. Oh and now people are drawing stocks charts on walls with pickles
|
||||
|
||||
[](https://preview.redd.it/lrswylqol6a71.png?width=862&format=png&auto=webp&s=19f1c4730fb2f9274333988f94817b420b666cb0)
|
||||
|
||||
This is the way
|
||||
|
||||
Some days I'm really reminded how much I love this community thank you all for the continued support, it's a hell of a ride.
|
||||
|
||||
If you guys haven't had a chance to [Check out this weeks forward looking TA](https://www.reddit.com/r/Superstonk/comments/oe8h49/jerkin_it_with_gherkinit_forward_looking_ta_for/)
|
||||
|
||||
Join us in the Daily Livestream <https://www.youtube.com/c/PickleFinancial>
|
||||
|
||||
Or listen along with our live audio feed on [Discord](https://discord.gg/HbqnUVsSrH)
|
||||
|
||||
(save these links in case reddit goes down)
|
||||
|
||||
*(this post will read from top to bottom)*
|
||||
|
||||
Historical Resistance/Support:
|
||||
|
||||
116.5, 125.5, 132.5, 141, 145, 147.5, 150, 152.5, 157 (previous ATM offering), 158.5, 162.5, 163, 165.5, 172, 174, 176.5, 179, 180.5, 182, 183.5, 184.5, 186, 187.5, 190.5, 192, 195, 196.5, 197.5, 200, 209, 211.5, 214.5, 218, 225.20 (new ATM offering) 226, 232.5, 235, 242.5, 250, 255, 262.5, 275, 280, 285, 300, 302.50, 310, 317.50, 325, 332.5, 340, 350, 400, 483, moon base...
|
||||
|
||||
After Market
|
||||
|
||||
1.5m volume for a new YTD low. still only down 0.16% for the day. The effort to keep the price suppressed is pretty astonishing this week. Thank you all for tuning in I will see you bright and early Monday morning.
|
||||
|
||||
- Gherkinit
|
||||
|
||||
[](https://preview.redd.it/epwn4fbrt8a71.png?width=697&format=png&auto=webp&s=8e783132a8e8b5275059e2d1dfd2377504f31f87)
|
||||
|
||||
Edit 8 3:02
|
||||
|
||||
Power hour is upon us at historically low volume levels we've actually had a lot of price action
|
||||
|
||||
[](https://preview.redd.it/tc513ev5j8a71.png?width=1621&format=png&auto=webp&s=7d5f3010bd4eeff31f5762a975852fce230a17f7)
|
||||
|
||||
Edit 7 2:14
|
||||
|
||||
Lower trend bounce
|
||||
|
||||
[](https://preview.redd.it/k0r21wija8a71.png?width=1622&format=png&auto=webp&s=2b6ae01cee8fb174cc144a50fb55836bb4e6be93)
|
||||
|
||||
Edit 6 1:47
|
||||
|
||||
Bounce off the lower trend after H&S breakdown
|
||||
|
||||
[](https://preview.redd.it/xupcm2hq58a71.png?width=1619&format=png&auto=webp&s=3b8bd376ded58c8628d371d4bd2e81a8ba04523f)
|
||||
|
||||
Edit 5
|
||||
|
||||
Moon escalator?
|
||||
|
||||
[](https://preview.redd.it/psn1jr8bw7a71.png?width=698&format=png&auto=webp&s=07cf198b43fd2d9a057709cdf563524a847e35aa)
|
||||
|
||||
[](https://preview.redd.it/ngm4ql3jw7a71.png?width=1621&format=png&auto=webp&s=c5e803cee7f9006b54685fd3d05cd35bd2fe4466)
|
||||
|
||||
Edit 4 12:14
|
||||
|
||||
No volume and away we go!
|
||||
|
||||
[](https://preview.redd.it/truwzhv8p7a71.png?width=1619&format=png&auto=webp&s=f1f2a542fa608f53da667fd2c5853bdd427e42f9)
|
||||
|
||||
Edit 3 11:50
|
||||
|
||||
Back above the trend for the day that dip represents this mornings short attempt
|
||||
|
||||
[](https://preview.redd.it/3nsm3nmyk7a71.png?width=1606&format=png&auto=webp&s=f07fa677ce941a614d2501d7951d6de00e44f67c)
|
||||
|
||||
Edit 2 10:31
|
||||
|
||||
Nice bounce probably covering the 200k shares borrowed this morning. Short hedge fund circle jerk right?... GME bounced nicely off VWAP hopefully continuing the uptrend
|
||||
|
||||
[](https://preview.redd.it/exueajgv67a71.png?width=1585&format=png&auto=webp&s=2a05e4d835a35a359ec22580d37bd5544112c408)
|
||||
|
||||
Edit 1 9:51
|
||||
|
||||
Looks like the borrowed shares got spent without a lot of price action but the volume remains pretty low right now. If it stays this way I expect sideways and down.
|
||||
|
||||
[](https://preview.redd.it/pp78d8zrz6a71.png?width=1157&format=png&auto=webp&s=340f6c5a2dd66995b46a96d43ab164a9169412cc)
|
||||
|
||||
Pre-Market Analysis
|
||||
|
||||
Today looks interesting. Solid uptrend throughout pre-market, I would love to see an open test of 200. Volume currently sitting at about 10k so kind of low but when have we ever needed volume to go up? Looks like about 200k shares borrowed so possibly a small dip if volume stays low maybe a drop of $5.
|
||||
|
||||
[](https://preview.redd.it/cc7jl8pum6a71.png?width=1429&format=png&auto=webp&s=ea17a65fca4c1b964b999cbc792643276ed51fa6)
|
||||
|
||||
GME pre-market 1m
|
||||
|
||||
We dropped from the cup and handle a little bit yesterday but since we've traded so little volume out of the formation it's very possible that the expected bounce is still likely. Also we got our first BBKC fire signal on the daily yesterday.
|
||||
|
||||
[](https://preview.redd.it/0c2b317vn6a71.png?width=2457&format=png&auto=webp&s=f4b9ec743367c62e86dfc97351019a2707296ee2)
|
||||
|
||||
Cup & Handle on the 1D
|
||||
|
||||
Disclaimer
|
||||
|
||||
** Although my profession is day trading, I in no way endorse day-trading of GME not only does it present significant risk, it can delay the squeeze.*
|
||||
|
||||
**My YouTube channel is "monetized" if that is something you are uncomfortable with, I understand, while I wouldn't say I profit greatly from the views, I do suggest you use ad-block when viewing it if you feel so compelled.* *My intention is simply benefit this community. For those that find value in and feel compelled to reward my work, I thank you. For those that do not I encourage you to enjoy the content. As always this information is intended to be free to everyone.*
|
||||
|
||||
**This is not Financial advice. The ideas and opinions expressed here are for educational and entertainment purposes only.*
|
||||
|
||||
* *No position is worth your life and debt can always be repaid. Please if you need help reach out this community is here for you. Also the NSPL Phone: 800-273-8255 Hours: Available 24 hours. Languages: English, Spanish.* [*Learn more*](https://suicidepreventionlifeline.org/)
|
@ -0,0 +1,12 @@
|
||||
07/09 UPDATE: Floor Guy's Log, Stonkdate 282. Still going sideways... 🚀🚀🚀
|
||||
============================================================================
|
||||
|
||||
| Author | Source |
|
||||
| :-------------: |:-------------:|
|
||||
| [u/JTH1](https://www.reddit.com/user/JTH1/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/ohi4m8/0709_update_floor_guys_log_stonkdate_282_still/) |
|
||||
|
||||
---
|
||||
|
||||
[HODL 💎🙌](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22HODL%20%F0%9F%92%8E%F0%9F%99%8C%22&restrict_sr=1)
|
||||
|
||||

|
@ -0,0 +1,59 @@
|
||||
How to use Investors Exchange (IEX) with TD Ameritrade.
|
||||
=======================================================
|
||||
|
||||
| Author | Source |
|
||||
| :-------------: |:-------------:|
|
||||
| [u/jaykvam](https://www.reddit.com/user/jaykvam/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/mq8opq/how_to_use_investors_exchange_iex_with_td/) |
|
||||
|
||||
---
|
||||
|
||||
|
||||
[Education 👨🏫 | Data 🔢](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Education%20%F0%9F%91%A8%E2%80%8D%F0%9F%8F%AB%20%7C%20Data%20%F0%9F%94%A2%22&restrict_sr=1)
|
||||
|
||||
Here's how to route your trades through the Investors Exchange (IEX) with TD Ameritrade:
|
||||
|
||||
After logging in, hover over Client Services and select General immediately beneath My Profile:
|
||||
|
||||
[](https://preview.redd.it/2fum8sq3jzs61.png?width=1456&format=png&auto=webp&s=328f21949894c1758733dcfdbb7c42b416fa68a2)
|
||||
|
||||
Client Services > My Profile: General
|
||||
|
||||
There, enable Direct routing. It will look like this after enabling it:
|
||||
|
||||
[](https://preview.redd.it/t0036nv2kzs61.png?width=926&format=png&auto=webp&s=d52137fdc8498ef50167450ad9114a8b097f0c46)
|
||||
|
||||
Direct routing enabled
|
||||
|
||||
Once enabled, expand Additional details for your trade ticket and select IEX from the Routing drop-down menu:
|
||||
|
||||
[](https://preview.redd.it/tplrx5sfjzs61.png?width=945&format=png&auto=webp&s=a6e6463e72ff2b7641724ec4797e8efe6c886c0e)
|
||||
|
||||
Additional details > Routing: IEX
|
||||
|
||||
credit:
|
||||
|
||||
[u/Aquaman2484](https://www.reddit.com/u/Aquaman2484/)
|
||||
|
||||
[u/AlbertvilleDreams](https://www.reddit.com/u/AlbertvilleDreams/)
|
||||
|
||||
EDIT 1:
|
||||
|
||||
It is actually possible to set IEX as the default for trade routing. To do so:
|
||||
|
||||
Return to General and under Stock order entry click Edit for the Routing setting:
|
||||
|
||||
[](https://preview.redd.it/akua91y21uv61.png?width=736&format=png&auto=webp&s=adfea7177c87c65ae5af984d6f6dc927118900f1)
|
||||
|
||||
Stock order entry > Routing
|
||||
|
||||
Then select IEX from the drop-down menu for Routing:
|
||||
|
||||
[](https://preview.redd.it/wztpu4p31uv61.png?width=397&format=png&auto=webp&s=fc73a8f6aa519c8d476ccfc949196a1feb042e78)
|
||||
|
||||
Routing: IEX
|
||||
|
||||
Again, bear in mind that IEX routing is only for regular market orders, so if you ever do want to perform a PM or AH trade, simply route that trade differently under Additional details.
|
||||
|
||||
credit:
|
||||
|
||||
[u/Enza_Gallagher](https://www.reddit.com/u/Enza_Gallagher/)
|
@ -1,12 +0,0 @@
|
||||
IEX DIRECT ROUTING WITH TDA: Client Services > My Profile: 1) Enable Direct Routing 2) Routing, Select IEX
|
||||
==========================================================================================================
|
||||
|
||||
| Author | Source |
|
||||
| :-------------: |:-------------:|
|
||||
| [u/candilox](https://www.reddit.com/user/candilox/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/nkt7ie/iex_direct_routing_with_tda_client_services_my/) |
|
||||
|
||||
---
|
||||
|
||||
[Education 👨🏫 | Data 🔢](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Education%20%F0%9F%91%A8%E2%80%8D%F0%9F%8F%AB%20%7C%20Data%20%F0%9F%94%A2%22&restrict_sr=1)
|
||||
|
||||
[](https://i.redd.it/48ho80rwha171.jpg)
|
@ -0,0 +1,32 @@
|
||||
The hedge fund badly bruised by betting against GameStop is still struggling after ending the first half with a 46% loss, report says
|
||||
=====================================================================================================================================
|
||||
|
||||
| Author | Source |
|
||||
| :-------------: |:-------------:|
|
||||
| [Shalini Nagarajan](https://markets.businessinsider.com/author/shalini-nagarajan) | [markets.businessinsider.com](https://markets.businessinsider.com/news/stocks/melvin-capital-gabe-plotkin-gamestop-short-squeeze-1h-46-loss-2021-7) |
|
||||
|
||||
---
|
||||
|
||||
Jul. 9, 2021, 07:54 AM
|
||||
|
||||

|
||||
|
||||
Alex Flynn/Getty Images/Bloomberg
|
||||
|
||||
Gabe Plotkin's Melvin Capital Management, targeted by the Reddit army of traders for its bearish [GameStop](https://markets.businessinsider.com/stocks/gme-stock?utm_source=markets&utm_medium=ingest) bets, ended the first half of the year with a 46% loss, [Bloomberg reported](https://www.bloomberg.com/news/articles/2021-07-08/melvin-can-t-shake-reddit-attack-with-46-loss-in-first-half?utm_source=twitter&utm_campaign=socialflow-organic&utm_content=business&utm_medium=social&cmpid=socialflow-twitter-businesstwitter-business).
|
||||
|
||||
The New York-based hedge fund, which suffered a stunning [53% loss in January](https://markets.businessinsider.com/news/stocks/melvin-capital-gabe-plotkin-took-home-846-million-in-2020-2021-2?utm_source=markets&utm_medium=ingest) from the Reddit-trader short squeeze, gained 1% in June. But it is still struggling to recover, Bloomberg said in the Thursday report, citing sources familiar with the matter.
|
||||
|
||||
Melvin Capital, founded by star portfolio manager Plotkin, did manage to stage something of a comeback with a 22% gain in February. But its overall [first-quarter loss stood at 49%](https://www.businessinsider.com/gabe-plotkin-melvin-capital-performance-march-2021-4?utm_source=markets&utm_medium=ingest?utm_source=markets&utm_medium=ingest), Insider understands.
|
||||
|
||||
The hedge fund [got torched by the Reddit army](https://markets.businessinsider.com/news/stocks/hedge-funds-torched-wall-street-bets-gamestop-short-squeeze-reddit-2021-1?utm_source=markets&utm_medium=ingest) alongside other high-profile firms that had big bets against GameStop when traders banded together to send shares of the gaming retailer skyrocketing. When the price of a stock rises, short sellers [must typically cover their positions](https://www.businessinsider.com/how-short-selling-works-why-it-didnt-work-on-gamestop-2021-1?utm_source=markets&utm_medium=ingest?utm_source=markets&utm_medium=ingest) by buying shares at that higher price.
|
||||
|
||||
Melvin Capital lost a chunk of its assets in the trading frenzy, ending January with $8 billion in assets, [down from $12.5 billion](https://www.reuters.com/article/us-retail-trading-melvin-idUSKBN2A00KW) at the start of the year. Its assets [had risen to $11 billion](https://markets.businessinsider.com/news/stocks/gamestop-short-squeeze-melvin-capital-light-street-losses-meme-stocks-2021-6?utm_source=markets&utm_medium=ingest) as of June 1, the Financial Times and Bloomberg reported.
|
||||
|
||||
After the January hit, the fund has somewhat recovered. It is up 18% for the five months between February and June, Insider understands. It gained 5.4% in the second quarter.
|
||||
|
||||
The hedge fund is understood to be taking smaller-sized positions to limit its exposure to single companies. It [exited its public short positions](https://markets.businessinsider.com/news/stocks/melvin-capital-closes-out-public-short-positions-after-gamestop-losses-2021-5?utm_source=markets&utm_medium=ingest) against GameStop, AMC and other stocks in the first quarter, but may have still held non-public, more traditional short positions.
|
||||
|
||||
Founder Gabe Plotkin has also asked a team of data scientists to comb through social media and day-trader forums for stock names of interest to retail traders, Bloomberg reported.
|
||||
|
||||
A spokesperson for Melvin Capital declined to comment.
|
@ -0,0 +1,281 @@
|
||||
Illegal Naked Shorting - Techniques Employed to Circumvent the SEC's Regulation SHO for Shorted Stock, FTDs, Borrow Lists, Threshold Securities through Continuous Net Settlement System and Stock Borrowing Programs
|
||||
=====================================================================================================================================================================================================================
|
||||
|
||||
| Author | Source |
|
||||
| :-------------: |:-------------:|
|
||||
| [u/apegoneinsane](https://www.reddit.com/user/apegoneinsane/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/ohivio/illegal_naked_shorting_techniques_employed_to/) |
|
||||
|
||||
---
|
||||
|
||||
|
||||
[DD 👨🔬](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22DD%20%F0%9F%91%A8%E2%80%8D%F0%9F%94%AC%22&restrict_sr=1)
|
||||
|
||||
Reference: Full credit to Larry Smith that covered this back in 2019.
|
||||
|
||||
I will summarise the key points from my research into this.
|
||||
|
||||
Introduction
|
||||
|
||||
As we know the DTCC was set-up to take advantage of a paper free, electronic system. This has raised issues of transparency as the system is a closed loop, enabling an environment where manipulation can occur through naked shorting.
|
||||
|
||||
Regulation SHO was supposed to tackle naked shorting in the electronic clearing and settlement environment. However it has many loopholes that render it ineffective and the SEC themselves remain either intentionally or recklessly unconcerned about these loopholes.
|
||||
|
||||
Regulation SHO defines locate and settlement requirements for any borrowed stock that was used to execute short sales. There are also trading limits on threshold securities that have significant FTDs.
|
||||
|
||||
Normal participants must locate the stock before shorting it. Market makers are exempt from this and can do this without location. This type of naked shorting is aligned with the rules of Reg SHO and bizarrely 'legal'. It's only when the rules are not followed to the T, that it becomes illegal.
|
||||
|
||||
Any naked short should be located in a 2 day period before settlement. If it can't be, it creates a FTD. In this situation, a broker is supposed to close out the position in the open market. Market makers can maintain this for a longer 6 day period.
|
||||
|
||||
In reality, these rules are circumvented and we end up with synthetic shares that DTCC treats as real shares. You could create an infinite number of synthetic shares and overwhelm the stock market to drive down price. The SEC lacks the resources and seems disinterested in actively policing FTDs. Market Maker "A" may be able to just ignore the FTD without penalty.
|
||||
|
||||
Location
|
||||
|
||||
As above, broker-dealers are treated differently and allowed to do a short sale without having the stock.
|
||||
|
||||
Rule 203 (a) states that if broker dealers have *reasonable* grounds to believe that the security can be borrowed and delivered on or before the date that delivery is due, they can naked short.
|
||||
|
||||
There are 2 types of lists for borrowing:
|
||||
|
||||
1. Easy to borrow - lists of securities that are generated and policed by prime brokers.
|
||||
|
||||
2. Hard to borrow lists - intended to prevent naked shorting in stocks that appear on this list.
|
||||
|
||||
So a broker dealer can short stocks appearing on the easy to borrow list without first locating the shares to be delivered at settlement. If they do not, it is a FTD. The SEC maintains that repeated FTDs are grounds for removal of the stock from the easy to borrow list. Stocks on the hard to borrow "should" not be shorted before the stock is located.
|
||||
|
||||
As you can see, there is a lot of a ambiguity in the SEC's rules - particularly 203(a) and the "reasonable grounds" definition. As well as this, both lists are maintained by brokers and not the SEC. This makes the rules around them subjective and open to interpretation that can lead to manipulation.
|
||||
|
||||
There is an additional list which is the DTCC's stock borrow program - this will be covered in another post.
|
||||
|
||||
The SEC seems more concerned with maintaining liquidity than tackling naked shorting. The exemption that Reg SHO provides market makers is due to the belief that it is necessary to help with retail orders and maintain liquidity.
|
||||
|
||||
It has become increasingly hard to differentiate between market makers and hedge funds. Some operate as both, which is a strategic business model that can take advantage of the exemption above.
|
||||
|
||||
Close-out Requirement.
|
||||
|
||||
Rule 204 covers FTDs. If a failure occurs, this requires action by brokers and deals from whom the stock was borrowed by requiring them to buy and close out the stock on the market. Settlements will occurs on a T+2 basis.
|
||||
|
||||
There are even more exemptions to this rule. If a MM has a FTD but can show that this came from well intentioned market activities, the close out can be extended to T+5. If it is still not closed out, the MM can not perform more shorts until they have closed. Obviously, there are ways around this, which will be discussed.
|
||||
|
||||
Threshold Securities
|
||||
|
||||
Rule 203(B) outlines the creation and operation of threshold securities lists. These are securities that have large and persistent Fail to Delivers that are a hallmark of illegal naked shorting. These are defined as stocks that have an accumulated FTD position totaling 10,000 shares or more for five consecutive settlement days and is equal to at least 0.5% of the issuer's total shares outstanding. These are openly published by exchanges.
|
||||
|
||||
A stock on this list activates provisions in Reg SHO which are designed to eliminate FTDs. If the security is on the list for T+14, it must be closed out by purchasing the shares. The partidopant cannot perform more short sales without first locating or entering into an agreement. Market makers are not exempt from this.
|
||||
|
||||
*In practice, this is fucking bananas. Most stocks remain on the threshold list for months. The FTDs are rolled over from one broker to another. After T+13, even though they are required to close out, the market maker can transfer the position to another market maker or broker and the thirteen-day countdown to a mandatory buy-in starts all over.*
|
||||
|
||||
*This is frequently used to allows FTDs for months or years.*
|
||||
|
||||
Techniques Used to Circumvent Reg SHO
|
||||
|
||||
Given the SEC is content with the DTCC self-regulating its participants, there are frequently employed techniques to circumvent these requirements.
|
||||
|
||||
1. Allowing "important" hedge fund clients to ignore the locate requirement
|
||||
|
||||
2. Creating easy to borrow lists that inappropriately include threshold and hard-to-borrow stocks
|
||||
|
||||
3. Hiding FTDs through washed and matched trades, i.e. rolling over an FTD to another broker
|
||||
|
||||
4. Illegal stock sales in dark pools off the primary markets to avoid NYSE oversight and to maintain anonymity
|
||||
|
||||
5. No supervision that the locate requirement was satisfied for short sales
|
||||
|
||||
6. Fradulently marking short sales as long to hide naked positions.
|
||||
|
||||
7. Fradulently saying they possessed the borrowed securities or had located them.
|
||||
|
||||
8. Not making any effort to locate shares prior to short selling,
|
||||
|
||||
9. Entering into a made up option contract to hide naked shorting
|
||||
|
||||
10. Using the DTCC stock borrowing program mentioned above as a means to conceal naked short sales,
|
||||
|
||||
11. Putting through fake short interest and other reports to regulators - as we see with Ortex.
|
||||
|
||||
12. Hiding activity by falsely reporting synthetic shares as real shares in broker statements
|
||||
|
||||
13. Hiding the activity by issuing voting material to shareholders with nonexistent assets who have no corporate rights including the right to vote shares,
|
||||
|
||||
14. Not complying with requirements to investigate and report suspicious transactions to regulatory authorities.
|
||||
|
||||
Elimination of the Uptick Rule
|
||||
|
||||
A big change in the governance of shorting was also the elimination of the uptick rule that required an increase in the stock price before allowing a short sale.
|
||||
|
||||
Bernie Madoff helped eliminate the uptick rule in 2007. Madoff had a MM and HF firm, which routinely participated in illegal naked shorting, as well as his ongong Ponzi Scheme.
|
||||
|
||||
The SEC defended this by saying the uptick rule reduced liquidity. Another example of the SEC prioritising liquidity over tackling predatory techniques and protecting investors. The SEC endorsed and defended the decision stating that the uptick rule reduced liquidity.
|
||||
|
||||
The Role of the DTCC
|
||||
|
||||
DTCC- US clearing and settlement services and a central securities depository.
|
||||
|
||||
DTC: a subsidiary and depository for almost all US securities and keeps records of transfers through electronic record-keeping of securities balances.
|
||||
|
||||
NSCC - a DTCC subsidiary that provides clearing and settlement for almost all securities transactions in the US two days after a transaction (T+2). It also guarantees completion of certain broker-to-broker securities transactions.
|
||||
|
||||
As we know the DTCC is owned by Prime Brokers. Prime brokers have hedge fund support which makes up a significant portion of their net income.
|
||||
|
||||
DTCC Performs a Critical Function but also Facilitates Illegal Naked Shorting
|
||||
|
||||
There are significant loopholes that facilitate an illegal enterprise. The subsidiaries use Continuous Net Settlement (CNS) and the Stock Borrowing Program to facilitate efficient liquid markets in securities. These have loopholes.
|
||||
|
||||
Market Makers can exploit these loopholes to create synthetic shares. Hedge funds can be involved in this but have plausible deniability as they don't execute the trades themselves.
|
||||
|
||||
The amount of synthetic shares and FTDs are staggering but the data is locked deep inside the DTCC, which allows it to circumvent regulatory oversight and reporting. This gives it an effective monopoly which can work to the benefit of Prime Brokers and as a fuck you to everyone else.
|
||||
|
||||
The process of creating synthetic shares is complex and understanding all aspects usually requires a team of highly skilled lawyers specialising in securities law, clearing and settlement procedures.
|
||||
|
||||
1. Physical Transfer of Stock Certificates Has Been Replaced by Electronic Data Entries. Stock certificates are now stored in a central vault in the DTC. When an investor buys a security through a broker, the investor's name does not appear on the stock certificate. They are categorised by the broker dealers, called a "street name".
|
||||
|
||||
2. The actual custody, physical control and even the official ownership of stocks (and other securities) is done through Cede and Company, which processes on behalf of DTC. This is another private company in partnership with the DTCC so technically Cede own all listed shares in the US and all investors have are contractual rights.
|
||||
|
||||
This has some advantages - rapid settlements. But this is also non-transparent. It is a mind fuck that the SEC has been happy waiving control of clearing, settlements and custody to a private company. In theory, number of street name shares = registered shares in Cede's vault. In reality, Wall Street creates massive numbers of synthetic shares. Once created, the DTCC does not differentiate between synthetic and real street name shares.
|
||||
|
||||
It also means that "*while you may think you are buying registered stock, you are actually buying a financial derivative. Effectively, you are buying a financial derivative from brokers of a financial derivative they hold from Cede that is just a digital entry in your DTC account."*
|
||||
|
||||
You own fungible derivatives and untraceable commodities.
|
||||
|
||||
> Operating in this black hole of important information they use loopholes in the clearing and settlement system administered by DTCC and loopholes in the ineffective SHO regulations to create counterfeit shares at will. They can and do expand the supply of street name securities through creating counterfeit shares to overwhelm demand and drive down the stock price.
|
||||
>
|
||||
> You can see this scheme at work almost on an almost daily basis. All too often, when a Company reports approval of an important new product, the stock trades up slightly and then trades down to a lower price than before the announcement to the amazement of investors who are long the stock. The same thing can happen with achievement of a meaningful, clinical, regulatory or financial milestone. Why? Because there are hedge funds who have been shorting the stock and have huge outstanding short positions who stand to suffer huge losses if the stock price increases. In self-defense, they launch a short attack spearheaded by creating counterfeit shares arising from illegal naked shorting. The clear intent is to make good or great news appear to be badly received. Jim Cramer was a long time hedge fund manager before becoming a commentator on CNBC. In this famous [interview](https://www.youtube.com/watch?v=gMShFx5rThI), he fills us in on how he and other hedge funds routinely manipulated stocks.
|
||||
>
|
||||
> God forbid, if a company you are invested in reaches a point that it becomes apparent that it has to raise equity. The hedge fund gang jumps in and start shorting in anticipation of an offering. The hedge funds have had great success in persuading other investors that equity offerings are bad for investors because it dilutes their shares. In most cases, this argument is total nonsense because companies are raising money to enable the completion of projects that will enable them to become successful, i.e. executing an important clinical trial, building infrastructure, etc. Raising equity to enable companies to grow is the cornerstone for our successful economic system. Claiming that equity raises are dilutive and harmful is something that Vladimir Lenin might have said.
|
||||
>
|
||||
> In the vast majority of cases, the stock slides sharply when the deal is announced. For small emerging companies, the offering is then priced by Wall Street investment bankers at a 10% discount to the already distressed price and often warrants must be attached in order to attract buyers who all too often the hedge funds who have shorted the stock. Yes, I know this is illegal, but hedge fund A buys stock on an offering to cover for hedge fund B who has been shorting and they switch positions to cover the short and split the profits. This is a routine practice. In the end, this does lead to enormous share dilution, which causes untold harm to investors and emerging companies who are so important to economic growth. The winners are Wall Street and hedge fund employees and real estate brokers in the Hamptons.
|
||||
|
||||
Continuous Net Settlement System Used by the NSCC
|
||||
|
||||
In the old days, if you bought a stock from another investor, you would own the stock certificate. Given the sheer size and complexity of electronic transactions that is here in the modern age, the solution by the NSCC was to not handle each trade individually but to use a system called Continuous Net Settlement (CNS). This centralised and automated the accounting of settlements.
|
||||
|
||||
In the CNS system, Prime Brokers have an account with the DTC along with market makers, hedge funds etc. Everything is electronic and in real time so you can immediately see the status of specific investments in accounts.
|
||||
|
||||
The clearance and settlement system of the NSCC functions through a system called multilateral netting.
|
||||
|
||||
You have a customer order. Broker A buys 10 shares of GameStop from Broker B. Then later Broker A sells 10 shares of GameStop to Broker B. In the new approach, these 2 trades are netted so there is no movement in the electronic certification. In the real world, there would be complex trading with multiple buy/sell with multiple participants for GameStop stock.
|
||||
|
||||
NSCC settlement T+2. At this time, all NSCCs member are netted for the stock in question. They are further netted against any previous trades in which there were failed to deliver securities. If the Prime Broker has sold more shares than it has bought (net short), it owes shares to the NSCC. The inventory of XYZ in the broker's account at the DTC is checked to see if there are available shares that can be transferred to cover the short obligation. In the case of net long positions, they are automatically credited to the member's DTC account. Also, daily money settlements are debited or credited to the member's account.
|
||||
|
||||
Example: During the day Broker A might handle multiple transactions in a stock for its customers as follows:
|
||||
|
||||
1. Sells 500 shares to Broker B
|
||||
|
||||
2. Buys 1000 shares from Broker C
|
||||
|
||||
3. Sells 2000 shares to Broker D
|
||||
|
||||
4. Has 500 shares of XYZ on deposit at its DTC account
|
||||
|
||||
Broker A at settlement (T+2) is net short 1000 shares of XYZ (-500+1000-2000+500) and turns to the Stock Borrowing Program.
|
||||
|
||||
NSCC's Stock Borrow Program
|
||||
|
||||
When a broker is net short, it has T+2 to locate and deliver. But as above, there could be a situation where a broker is net short of XYZ on settlement day and does not have enough shares of XYZ in inventory to cover. I
|
||||
|
||||
Under CNS, the NSCC guarantees the trade so that even if the seller of the stock fails to deliver, the transaction goes through. This can be used to create counterfeit share.s
|
||||
|
||||
The DTC knows every member's position. If a member is net short, the DTC reviews the number of net shorts of the shares of the XYZ to determine if the DTC itself holds enough to settle. If there are enough, the DTC offsets the net short and the shares are sent to the account of members who loaned them.
|
||||
|
||||
If the member does not have enough to cover, the NSCC will borrow through their Stock Borrow Program.
|
||||
|
||||
This allows members with net long positions to lend out shares to members who are net short. So Broker A who is net long on GameStop can put it in the program and Broker B can loan it as it has a net short position and needs to cover. The program is continuously updated by members stating how many shares they are OK lending. Once this is established and covered, this cures the failures to deliver at settlement.
|
||||
|
||||
Creating Counterfeit Shares through the Stock Borrow Program
|
||||
|
||||
This is of course abused through loopholes.
|
||||
|
||||
Example:
|
||||
|
||||
> Let's assume that the parties in a hypothetical example are Hedge Fund A, Broker A, Investor B, Broker B, a market maker and the DTC and NSCC. Let's look at a highly simplified example in which Hedge Fund A asks broker A to short 2,000 shares of XYZ at $10.00 per share.
|
||||
>
|
||||
> 1. Broker A transmits Hedge Fund A's short sell order to a Market Maker in XYZ stock (this could be either the broker itself or another market maker.)
|
||||
>
|
||||
>
|
||||
> 2. The Market Maker confirms immediately to Broker A that the trade is complete without first locating the shares; he is naked short the stock. Under Regulation SHO this is legal.
|
||||
>
|
||||
>
|
||||
> 3. Investor B through Broker B buys the 2,000 shares offered by the Market Maker at $10.00 even though the market maker has not located 2,000 shares to borrow.
|
||||
>
|
||||
>
|
||||
> 4. If at T+2, the Market Maker still hasn't found a locate, he is in a fail to deliver situation. In the system of the 1960s, the trade would have been broken and $20,000 would be returned to Investor B's account, but because the NSCC guarantees all transactions, the stock borrowing program comes into play and the settlement proceeds with the NSCC borrowing stock from other member firms.
|
||||
>
|
||||
>
|
||||
> 5. The DTC identifies Broker C having a net long position of 2,000 shares which it is willing to lend to NSCC.
|
||||
>
|
||||
>
|
||||
> 6. At settlement (T+2), Hedge Fund A's account at the DTC is credited with cash of $20,000 (2,000 shares at $10.00). Investor B's account at the DTC is now credited with owning 2,000 shares of XYZ at $10.00 even though the market maker failed to borrow the shares. Broker C is credited to receive interest on $20,000, the value of the stock it has loaned.
|
||||
>
|
||||
>
|
||||
> 7. Broker C loaned 2,000 shares of XYZ, which it took from its customer accounts, to the NSCC. However, the NSCC accounting credits customers of Broker C with still owning 2,000 shares of XYZ.
|
||||
>
|
||||
>
|
||||
> 8. This is the critical point at which counterfeit shares have been created. The NSCC shows customers of Broker C as still owning the 2,000 shares of XYZ. However, Investor B is credited as owning the same 2,000 shares. Presto, there are 2,000 new counterfeit shares outstanding that were never issued by the Company.
|
||||
>
|
||||
>
|
||||
> 9. Under Reg SHO, the Market maker has until T+6 to locate stock and close out the 2,000 shares of XYZ it has borrowed through the stock borrow program from Broker C. Under Regulation SHO, if a locate has still not been found at T+6, the Market Maker must purchase 2,000 shares in the open market and return them to Broker C. However, Wall Street has a bag of tricks to get around this requirement. One of which is simply to ignore it. Another is to roll the position to another broker-dealer. Oftentimes, fails to deliver can last for months or years. The SEC seems strangely unwilling or unable to enforce this provision of Regulation SHO.
|
||||
|
||||
If the FTD is not addressed, the NSCC system does not differentiate between synthetic and real shares. Both the 2,000 legitimate shares that were originally in the customer accounts at Broker C and the 2,000 new unauthorized (counterfeit) shares given to Investor B can both be loaned to cover other net short, fail to deliver positions. This process can be repeated ad infinitum to flood the market with counterfeit shares.
|
||||
|
||||
There are many ways that this process directly benefits Wall Street at the expense of retail shareholders. Shares loaned by Broker C to make good on the Market Maker's delivery obligation actually do not belong to Broker C. They come from customer's margin accounts who do not know their shares are being loaned. Meanwhile, the Broker is receiving interest on the cash value even though they have no ownership. The customers receive no economic value. The interest of the Broker is to see the price rise. Loaning to short sellers who want the stock to go down is against their interest. With the stock borrowing program, brokers put their own economic interest before their customers.
|
||||
|
||||
Why Do It?
|
||||
|
||||
Shorting is extremely popular amongst Hedge Funds. Firms benefit from lending through the collection of interest and associated fees. Estimates are that 20% of net income for large investment banks comes from shorting selling.
|
||||
|
||||
Issues:
|
||||
|
||||
1. Liability is unlimited - if you buy a stock, your lose is capped at your investment. If you short a stock, there is no limit to your liability.
|
||||
|
||||
2. Kalo Bios was about to go bankrupt and trading at $0.25 per share. An investor shorted 4000 shares, thinking they could could $1000. Martin Shkreli came in and initiated short squeeze that drove the stock to $40. 00 per share. The investor ended up with a loss of about $160,000 based on a $1,000 investment.
|
||||
|
||||
3. Short sellers have ongoing costs via interest on a loan. If the stock price increase,s more collateral and cash is required and the interest increases. This creates a sense of urgency when shorting.
|
||||
|
||||
4. You have to have incredible timing. If you buy and hold, there is no cost for you. If you short, there is an ongoing cost. The short seller has to have precise timing .
|
||||
|
||||
5. Over the long term, buying is a winning result and shorting is a losing result.
|
||||
|
||||
6. Shorting is anti-social - you are selling something you don't own to drive down the price of a company so that everybody loses (the investors, the employees, the business, the customers)
|
||||
|
||||
The Implications of FTDs
|
||||
|
||||
> Here is what happens when an FTD is rolled over, no buy-in occurs or is simply ignored. Let's use an example when Market Maker "A" receives an order to short 10,000 shares of XYZ at say $20.00, but can not immediately locate shares to borrow:
|
||||
>
|
||||
> 1. A hedge fund delivers an order to short 10,000 share of XYZ to Market Maker "A"
|
||||
>
|
||||
>
|
||||
> 2. Market Maker "A" immediately shorts 10,000 shares without locating shares to borrow.
|
||||
>
|
||||
>
|
||||
> 3. Some customer(s) of Broker "X" buys the shares.
|
||||
>
|
||||
>
|
||||
> 4. The hedge fund receives $200,000 in cash from the customer(s) of Broker "X" at T+2.
|
||||
>
|
||||
>
|
||||
> 5. However, at T+2. Market Maker "A" has not located shares to borrow and deliver to the customers of Broker "X".
|
||||
>
|
||||
>
|
||||
> 6. NSCC steps in to guarantee the settlement of the trade. It borrows 10,000 shares from a customer(s) of Broker "Y".
|
||||
>
|
||||
>
|
||||
> 7. These 10,000 shares of XYZ are credited to the customer(s) of Broker "X". They now show 10,000 shares of XYZ in their accounts.
|
||||
>
|
||||
>
|
||||
> 8. The problem is that the NSCC borrowed 10,000 shares of XYZ from customers of Broker "Y" and they are also credited with owning 10,000 share of XYZ.
|
||||
>
|
||||
>
|
||||
> 9. The customers of Brokers "X" and "Y" own the same 10,000 shares. This is how counterfeit shares are created.
|
||||
>
|
||||
>
|
||||
> 10. Because of continuous net settlement used by member firms of the DTCC, these shares are commingled in the inventory of the Brokers "X" and "Y" and can't be traced to individual accounts.
|
||||
>
|
||||
>
|
||||
> 11. Customers of Broker "X" now own 10,000 counterfeit shares of XYZ, but they can't be distinguished from legal street name shares.
|
||||
>
|
||||
>
|
||||
> 12. These 10,000 counterfeit shares can be loaned out to other short sellers.
|
||||
>
|
||||
>
|
||||
> 13. Market makers and hedge funds working in concert can create a virtually unlimited number of counterfeit shares.
|
||||
|
||||
Acknowledgements - [https://smithonstocks.com](https://smithonstocks.com/comp/)
|
@ -0,0 +1,49 @@
|
||||
B.B.B.B.B. to start the M.O.A.S.S ? Massive upside to restest $350 incoming IMO [Short TA]
|
||||
==========================================================================================
|
||||
|
||||
| Author | Source |
|
||||
| :-------------: |:-------------:|
|
||||
| [u/katarinawinemixer](https://www.reddit.com/user/katarinawinemixer/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/ogjcee/bbbbb_to_start_the_moass_massive_upside_to/) |
|
||||
|
||||
---
|
||||
|
||||
|
||||
[DD 👨🔬](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22DD%20%F0%9F%91%A8%E2%80%8D%F0%9F%94%AC%22&restrict_sr=1)
|
||||
|
||||
TL;DR: 1D bounced off the bottom Bollinger band today which has resulted in an upside reversal 100% of the time since JAN 2020.
|
||||
|
||||
1W simultaneously bounced off of the middle Bollinger band today which has resulted in HUGE upside 100% of the time since JULY 2020.
|
||||
|
||||
1D and 1W bouncing off of their respective bands simultaneously like today has resulted in MASSIVE upside 100% of the time since AUG 2020 and has been what kicked off the 3 big sneezes this year.
|
||||
|
||||
Bottom Bollinger Band Banana Bounce ~~*(bitch)*~~
|
||||
|
||||
As you can see below, every time a 1D candle touches down on the bottom Bollinger band like a little ape filled moon-rover, there is a nice trend reversal to the upside. Also of note is that this Bollinger bounce historically happens simultaneously with a bounce off of the very strong RSI support level of 42.
|
||||
|
||||
[![r/Superstonk - B.B.B.B.B. to start the M.O.A.S.S ? Massive upside to restest $350 incoming IMO [Short TA]](https://preview.redd.it/qn98p0m733a71.jpg?width=5187&format=pjpg&auto=webp&s=61a2744ea9c6d41b460e43fe7f442e62e672dfd5)](https://preview.redd.it/qn98p0m733a71.jpg?width=5187&format=pjpg&auto=webp&s=61a2744ea9c6d41b460e43fe7f442e62e672dfd5)
|
||||
|
||||
GME 1D Chart
|
||||
|
||||
What you may notice off the bat is that BOUNCE 1 on 4/13 resulted in a limp (but still nice) reversal to a tame upside of *42.42%* ( Low of $132 to High of $188) while BOUNCE 2 on 5/11 resulted in a strong reversal to an upside of *152.49%* (Low of 136.50 to High of 344.66).
|
||||
|
||||
What does that mean for today's BOUNCE 3?
|
||||
|
||||
If we were to overlay the current downtrend we have been in since the 6/10 $350 test flash crash onto the very similar 3/15 $350 test flash crash you may hear the FUD whisper in your ear that we are surely going to repeat BOUNCE 1's weaker reversal given that the charts line up BOUNCE 1 and BOUNCE 3 almost identically.
|
||||
|
||||
Well, direct your confirmation-fiending chimp eyeballs to the 1W chart below.
|
||||
|
||||
[![r/Superstonk - B.B.B.B.B. to start the M.O.A.S.S ? Massive upside to restest $350 incoming IMO [Short TA]](https://preview.redd.it/icwkg3xa33a71.jpg?width=8000&format=pjpg&auto=webp&s=6788ed066f3e6439c804dbf0e92719266cbe4b84)](https://preview.redd.it/icwkg3xa33a71.jpg?width=8000&format=pjpg&auto=webp&s=6788ed066f3e6439c804dbf0e92719266cbe4b84)
|
||||
|
||||
GME 1W Chart
|
||||
|
||||
As you can see the 1W chart left the bottom Bollinger band on earth long ago, not to return until achieving contact with extraterrestrials. As opposed to the 1D bouncing off the bottom band, the 1W bounces off the middle Bollinger band before historically blasting into 4 weeks of beautiful atmosphere-testing upside until meeting the $350 *"resistance"* shown in red.
|
||||
|
||||
If you look at the 1D BOUNCE 1 that had a weaker upside you can see that it did not coincide with a simultaneous 1W BOUNCE indicating there was likely more downside to come before another joy ride in the moon-rover. However, 1D BOUNCE 2 lines up exactly with 1W BOUNCE 2 which resulted in 4 weeks of massive steady run up.
|
||||
|
||||
Even if your brain is polished smooth and shiny like a fucking marble I trust that you can see that today's 1D BOUNCE 3 lines up exactly with the 1W BOUNCE 3 and what that may implicate.
|
||||
|
||||
Disclaimer: This is not financial advice I typed this with my feet because my hands are solid diamonds.
|
||||
|
||||
TITLE EDIT: Retest* not Restest, fuck.
|
||||
|
||||
EDIT 2: Fixed image links thank you for your patience in this trying time.
|
Reference in New Issue
Block a user