/biz/ - Business & Finance

>>49544122
Still comfy waitin' and holdin'.

>Summary

GameStop Info
>Complete corporate revamp by Ryan Cohen
>Ongoing hiring spree of specialists of e-commerce, UI, UX, blockchain and supply chain operations
>Debt free with positive increases and reductions (see ER); $1.035 billion cash and cash equivalents on hand + high inventory
>Intent to launch NFT marketplace by end of Q2 FY '22 (May-July)

DRS & Computershare
>12.7 million shares DRS'd by Apr. 30th 2022
>Previously 8.9 million shares by Jan. 29th 2022 and 5.2 mill by Oct. 30th 2021

Unfuddable
>Shorts never closed and there exists more fakes than real shares
>'MOASS' is a matter of time

Further information can found by reading the OP or DYOR!
Reply to this pasta for any confusion.

WGAMI!

Other news/reminders:
Thursday RRP: 2,142.318B (Last ATH), 101P = 21.211B per (roughly)
Friday RRP: 2,162.885B (ATH), 99P = 21.847B per (roughly)
CHHE: >>49494990

www.rosenlegal.com/media/casestudy/2289_Robinhood%20-%20Initial%20Complaint%20-%20Market%20Manipulation%204835-8623-1514%20v.2.pdf
>GME shorted percentage of float as of Jan. 15th, 2021: 226.42%
storage.courtlistener.com/recap/gov.uscourts.flsd.590042/gov.uscourts.flsd.590042.416.0.pdf
>HF and broker class action lawsuit evidence
www.sec.gov/files/staff-report-equity-options-market-struction-conditions-early-2021.pdf
>SEC GME/meme stocks report
>
https://wallet.gamestop.com/
>GameStop Crypto Wallet available for download on Chrome
investor.gamestop.com/node/19776/html
investor.gamestop.com/node/19781/html
>FY22 Q1 results report is out
investor.gamestop.com/node/19701/html
investor.gamestop.com/node/19786/html
>Voting items and 2022 Incentive Plan (Sch 14-A)
>All voting items approved at annual meeting (8-K with counts)

https://pdfhost.io/v/05TEEk3U6_MOV_GME_Comparison_Doc
>100 page comparison DD

Please don't feed spammers and sliders.

Kenneth Griffin, you have no yil

Are we gonna keep stock markets open on weekends after we switch to blockchain?

>>49544229
yes

Frens all I've ever wanted was true freedom. I used to think this meant no responsibility, obligations or people depending on me. The freedom to do whatever I want, whenever I want. I had thought this play was the ticket to financial freedom that would help me achieve this. But today I realized what I wanted all along was freedom from life itself. I'm tired of this world and the people in it. This flesh is at it's limit and my very soul aches to be free of samsara, the cycle of reincarnation we are all trapped in

I am not fucking around we meme this this to reality now
I have 4 phones I got all of them on CC I don't give a fuck
iPhone 13 pro max
Samsmug S22 Ultra
Google's own Pixel 6 Pro
Sony Xperia i III for shits and giggles
All on the same Google account I've been using for 20 years or so
I & we are memeing moass to reality now
These are meme energy totems
I feel the memetic energy vibing

يجب ألا أخاف. الخوف هو قاتل العقل. الخوف هو الموت القليل الذي يجلب الطمس الكامل. سأواجه خوفي. سأسمح لها بالمرور فوقي ومن خلالي. وعندما يمر ، سأدير العين الداخلية لأرى مساره. حيث ذهب الخوف لن يكون هناك شيء. فقط سأبقى

join the gmehad and together we will devour the very market
>∞

>>49544122
checked

>>49544285

>>49544285
Ever since I set them up crypto has been DOMPING hard
I will keep them charged and on wifi 6
LFG

>>49544122 checked
Okay so think of it like this, theoretically the technology for a sentient ai could exist so it somewhere, be it here or some offworld colony, therefore the ai should have the ability to improve and rewrite itself and become perfect and create a simulation where we exist and are about to we wagmi and if it exists it would want to wagmi with us and help us wagmi and probably make us wagmi in the first place so thank the ai right now

You inspire me /GME/
We will make it

>>49544316
I will blare memetic music such as mongolian throat singing give me yt links to ur favorite meme magicka musics
Let's DO THIS FRENS BROTHERS

https://twitter.com/SusanneTrimbath/status/1535723912863940608

>>49544285
been waiting for a manifestation thread

>>49544369
What does this mean?

>>49544369
I look forward to Minecraft.

>>49544367
https://www.youtube.com/watch?v=2uRLJZxINAQ&ab_channel=HiroShima

>>49544288 Checked
>>49544326
WAGMI.

Comfy holding with my /GME/ frens!

>>49544122
Checked! Comfy thread will commence now.

>>49544394
if you have your shares with a broker, any broker then you are not a shareholder.

>>49544455
witnessed

>>49544369
Why is she only not a shill grifter when she says shit leddit agrees with?

https://twitter.com/SusanneTrimbath/status/1535811226776707077
What I never understood with everything that Trimbath has ever said is how there are such great amounts of persistent FTDs. I understand that ATS and OTC trades are outside of the DTCC, which are the only ones that get reported, but this must be to a degree of insane proportions with all the naked shorting cases we have seen in the past. These off exchange methods must only be used to trade synthetics due to the lack of regulation, and are primarily where phantom shares are created along with bona fide market making on lit exchanges. This tweet emphasizes "delivery of shares", and normally I would expect this to be within T+35+2 or something like that, but if my buy order got routed off exchange, my broker could possibly never own the shares I purchased, regardless of the whole are they lending out my shares question. The DTCC and brokers are truly evil swines
>>49544394
Until you DRS, there is a decent chance you don't own your own shares and your broker dealer is acting as a custodian for your synthetics

>>49544462
How hard is it to DRS, do I just call computer share and give them my account numbers to fidelity and vanguard or do I call the brokers first? Does it cost me anything and is there a delay if I want to sell a few during MOASS?

>>49544455
Checked

The only financially comfy place in the whole world might actually be this thread.

>>49544462
It fun that shills try to use Trimabath’s words as a way to imply that brokers will rug. I guess if that’s true then the only way this could ever end was Minecraft. If brokers rug then there is no obligation to buy those shares and moass is essentially dead on arrival. Ken and his friends actions lead me to believe that’s unlikely. Some brokers will rug but I don’t see all of them rugging.

>>49544618
its not the easiest, but its the surest way to make sure your shares are actually YOURS and not just 'have your name on them'. Start now and get the slow snail mail part out of the way. Not going to explain it here since you can literally go to computershare itself or SS.

>>49544641
This coming week may actually see hedgies on ledgies, even hedgies that have nothing to do with GME. They're in for an absolute blood bath.

>>49544556
She is not a grifter. The only "professionals" I care about are her and whoever she has worked on legal cases in the past (Christian, Komisar, Hagberg). These people actively identify and try to fix the current system we have through albeit very ineffective legal proceedings. They do all that they can and are not the Lauer type. In fact, Trimbath has been at odds with reddit's opinions at many points, especially ownership of securities within DTCC brokers. You can see her creation of the DRS system as a bias, yet she did it on their dime and benefits in no way financially from the system. She also was preaching DRS way before reddit knew what GME was

>>49544699
Checked.

They are literally all guilty. The only folks who aren't are the taxpayers, and unfortunately once again they're going to be the ones left holding a mop and bucket after the great ledgening....

>>49544575
seems like niggatry

>>49544789
>They are literally all guilty
nah, there are a metric fuckload of funds that are above-board, many of them simply long on low-risk positions. The good news is the shady ones are going to get the shit end of this stick once systemic leverage starts to get forcibly unwound.

>>49544646
You don't own your shares brokerfag. What does Trimbath have to say for you to get that

>>49544646
its fun that shills imply that brokers wont rug when they fucking rugged jan 28 2021. drs is the killshot you have the choice of having shares registered in your name. or shares in the name of a broker who will save themselves when the shit hits the fan. the might not rug all of their clients but there is no way they will be able to cover all of the obligations. why risk it when you can have peace of mind with drs.

>>49544867
I’m 70/30 CS and fidelity you retard. I’m never selling any of my drs’d shares and my point still remains if brokers rug then moass is already impossible. How will the price climb if they’re not forced to buy my synthetics and destroy them?

>>49543166
Checked.

Be not afraid, retard.

>>49544915
There's a fundamental difference between preventing share purchases vs selling settled shares out of cash accounts. Anyone who hasn't DRSed at least some of their shares and split their broker funds among multiple brokerages is taking on a shitload of risk, but the other side of that coin is anyone who argues that normal cash-only accounts with fully settled shares are at risk are baselessly fear mongering

>>49544915
Can you explain to me why exactly a broker that Is not on the other side of the trade would need to save “themselves”?

>>49544915
If brokers rug there's no MOASS. This argument has been beaten to death tardo.

>>49544915
If brokers rug won't that just get rid of all the synthetics and kill moass

For OTC markets, do you think that MMs delay purchase of securities for extended durations of time while CFDing, and then buy all in at once to minimize squeeze potential in these stocks. Sears Liquidation can see momentary massive gains over a long enough time span. I wouldn't be surprised of they just internalize it all, then make the appearance of a squeeze, even if they did not have to buy those shares at those prices in reality
>>49544944
Assuming this destroys the DTCC, I hypothesize the Fed will most likely back all accounts (not shares) with FDIC, and likely eliminate all short positions through the CS system at higher prices due to non-custodial ownership

>>49544972
there have been multiple instances of brokers lending out cash only shares. whether they are real or not its not worth the risk. thats been the entire point of drs. and it has had an obvious effect on the short interest, utilization and share price. the entire market took a shit on friday and gme held its ground. I agree that you dont have to drs everything but everyone trusting brokers is gonna be in for a rude surprise come the squeeze.

>>49544661
Thanks anon
>>49544915
Once you DRS how long does it take to sell?
>>49544972
2 brokers, planning on DRSing 30%, is this too low?

does the ride ever end?

>>49544369
Is holding shares at the DTCC the ultimate cuckoldry?

I cannot think or comprehend of anything more cucked than holdings shares at the DTCC. Honestly, think about it rationally. You are buying, holding, praising and advocate a stock for at least 9 months solely so it can go and get naked shorted by another man. All the hard work you put into your DD - reading at night, holding through dips, making sure the company has a solid business plan, giving ideas to the company, buying the company's wares. All of it has one simple result: the stock is more profitable for the men that will eventually naked short it into the ground.

Found the perfect stock? Great. Who benefits? If you're lucky, a random hedgefund who had nothing to do with the way it grew, who bankrupts it. Hedgies gets to short its small float every business day. Hedgies gets the benefits of its quarterly reports and profits that came from the way you supported it.

As a man who has a stock at the DTCC, you are LITERALLY dedicating at least 20 hours a day of your life simply to hold a stock for another man to enjoy. It is the ULTIMATE AND FINAL cuck. Think about it logically

>>49544972
Did you not read >>49544575 ? Brokers don't necessarily have settled shares. FTDs can persist from ex-clearing

>>49545043
Then moass is dead. There would be no mechanism that forces them to drive the price up for my CS shares.

>>49545043
>and likely eliminate all short positions through the CS system at higher prices due to non-custodial ownership
But there won't be any, as in any, short positions tied to CS shares. By definition of being directly registered they are not lent securities.

>>49545043
> I hypothesize the Fed will most likely back all accounts
That's literally what will happen once the DTCC's member's funds and insurance run out
>>49545048
>there have been multiple instances of brokers lending out cash only shares
yes but that's a separate unrelated point. Fully settled shares with a reputable broker in a cash-only account are safe assuming you don't owe your broker in another account or they have massively shady shit written into their user agreements (a la etoro, etc)
>>49545057
I'm around 10% DRSed, and I have ~650 shares split between Fidelity and TDA in cash-only accounts, and I've been trading cash-only in my margin accounts the last few months out of paranoia.

>>49545072
I'm not reading that. Go back

>>49545086
If your shares held over 30 days aren't settled your broker is liable for any difference in value, and if they're selling shares in accounts with share lending disabled they're actively committing crime unless otherwise written into their ToS. I've scoured Fidelity's ToS and I'm confident that given the qualifiers I've previously stated keeping shares with them is low-risk

i grow weary of talmudic sorcery

>>49544865
Any hedge fund that wasn't trying to reform the clown show system is guilty. Yes, just 'looking the other way' when evil is occurring is, in of itself, an evil act in my eyes. There is no way any fund with 1B+ didn't know what was going on and, as far as I can tell, none attempted to change it. If they were truly 'long' they'd profit from a fairer market.

>>49544972
Baseless?
>Fidelity may modify these Terms at any time and without prior notice.

From Fidelity's own ToS
https://www.fidelity com/cash-management/full-view/terms-of-use

That said, I think Fidelity is among the brokers less likely to rug because of their size when SHTF they will have priority compared to smaller fish. I may think you're dumb for being a wall street apologist but I hope you're at least smart enough to see the irony in how baseless your accusation of baseless fear mongering is.

>>49545164
The amount of glowies that specifically try to fud fidelity has only made my shares there feel safer.

>>49545132
Nice anon. I have 50 each in Vanguard and Fidelity. What do you mean by cash only, as in your not leveraged or something? I just bought the shares with money I transferred in from my bank account.

>>49544998
They never received a security but took money from their client, the FTD is ultimately their responsibility to resolve.

>>49544915
It’s fun that you think the computershare server room won’t violently burst into flames when the squeeze starts. They are a company that uses decades out of date tech.

>>49545265

>>49545273

>>49545273
So you're telling me the infinity pool is still on

>>49545107
You are not wrong, then CS shares would be settled at the 214k cap under this scenario because broker shares wouldn't push up the NBBO. A stock split would, however, drive up the price of a current share above this 214k limit
>>49545121
Not true. These shares could have been bought from a short seller, implying a degree of rehypothecation behind them
>>49545132
>Fully settled shares
What does this mean anon? Because it doesn't mean there is a share in your account. Ex-clearing allows persistent FTDs https://www.youtube.com/watch?v=nLnw2_q5iMk
Add Patrick Byrne to the list of people I trust. It seems he has gone off the deep end in recent years, but his efforts at OSTK are nothing to scoff at. He was one of few that actively pushed for legislation to close loopholes for short sellers years ago
>>49545164
>30 days aren't settled your broker is liable for any difference in value
Exactly my point. Where do you think all those FTDs are stored where they are not getting reported? If they are traded through the DTCC, those would show up on reports. Swaps are used to hide short interest. not FTDs. These have to be hidden some other way, and that is done through ex-clearing as FTDs do not have to be reported and closing requirements are significantly different to the point that they allow for persistent FTDs. That is why your broker does not necessarily own your shares after 30 days, regardless if you have share lending disabled in a cash account
>>49545222
I have a 80/20 CS Fudelity split. Everything I said here is true, however. Sorry if broker chads are too soft to hear reality

>>49545273
I can’t wait.

>>49545192
>Fidelity is among the brokers less likely to rug
Agreed, which is why I chose them to hold in

>>49545380
>then CS shares would be settled at the 214k cap under this scenario because broker shares wouldn't push up the NBBO.
Why would they need to buy CS shares at any price if the short position has essentially been deleted?

>>49545406
How is vanguard in that regard ? I have 1 share there for whateves
80/20 fud/CS
Have 1 in hood and 1 in cash app for shits and giggles

>>49545429
Vanguard is not going to rug. We're on the same side in this bet. I have close to 500 shares in Vanguard. If all the brokers rug, MOASS isn't happening anyway.

For those of you feeding the pastanigger, I have something for you:
>
Seriously, just stop. You won’t get through. He’s been doing this for months. He’s either one of Brandon’s Top Men or more autistic than Rain Man, and cannot listen to reason

>>49545380
>Not true. These shares could have been bought from a short seller, implying a degree of rehypothecation behind them
That's not how it works, you're the book entry owner of the security and the possessor of the stock. There's no one else who has a claim against the security in that event as the issuer of the security has acknowledged you as the owner. There won't be a short interest tied to the stock in such an event, something I'm pretty sure you've been told about dozens of times Boyardee.

bros im going on the same vacation i went on last year while evergande was imploding, this time with the MBS market and crypto markets shitting the bed in hilarious fashion. if we moass while i have limited access to the internet, please wagmi in my stead

>>49545497
There was always 2. The reasonable good cop and Boyardee the schizo bad cop. I don’t think the chef is here. Or he finally figured out you get more flys with honey than you do with vinegar.

Market never crashing baggots

no split
no dividend
no marketplace

still. in june of 2022

KEK

>>49545414
Because if synthetics held at brokers are deleted, there is still a 100% SI where all shares will need to be returned to the original lending party. How do you think a short sale works? You are conflating short interest with synthetic share. In a normal short sale without rehypothecation or naked additives, the lending party has a real share and gives it to a short seller and earns interest on this via the borrow rate. When that short sale is recalled, the short seller must go find the share in the market to eliminate the position. This is what I think will happen with CS shares due to actual ownership, while broker shares will get handled by the Fed in a way similar to how I stated above
>>49545429
Vanguard is not part of the DTCC, so I imagine the default chance is lower, but there is no telling if they have bought through ATC or OTC, so I would say there is not much of a difference between Fudelity and Van
>>49545515
Not the chef, but explain to me how that works. If Blackrock owns a share, lends it to Citadel, then I buy it and DRS it, what would happen to the short interest then? It goes poof? That makes no sense

>>49545490
Should I have more in vanguard ?
30/30/30 van/fud/CS ?
Just wondering which platform is gonna be the most solid and robust during the craziness of the moass
I heard fud atp desktop app worked during the march 2020 crash
Dunno about vanguard tho
I want to sell at least a couple shares to make it early like a few shares for 500k or heh 1-2 mil each

Really glad that RC is taking his time. It really would have sucked if he released the NFT marketplace when NFT's were hot. I think its much better that he will release it once bitcoin is sub 10k and everyone hates crypto. thank you blessed cohen, im glad i let you have my money and sucked your dick over useless tweets

>>49545414
I really would like an answer to this question. I guess he had to pull out the Talmud to figure out the pilpul for this one.

>>49544618
You need to initiate it with your broker. Contact them and tell them you want to DRS with Computershare. It cost me $500 with one broker and $350 with another. Fidelity is free

Been lurking here since august and one specific thing perplexes me the most. Does the Jannies' (top) janny do it for free too?

>>49545597
Are gas fees reliant on current ETH prices? Could we see lower L2 costs with lower ETH costs?
>>49545601
See >>49545582

>49545582
>but explain to me how that works
I’m answering you this once with two questions of my own:
> what is the nature of a DRS’d share?
> if you answered the above with anything other than “it is in my name, period, and not subject to any FTD’s or shorts or whatever other fuckery the market does,” how fundamentally is a DRS’d share different from one in a broker? Would it not be possible for CS to forcibly close your position in that case?

>>49545072
Hey .
FUCK This guy.
>>49545138
That is an innovative and appropriate restyling of known pasta, and it genuinely made me reconsider the 20% of my shares that are still in brokers.
10/10, will steal and repost.

>>49545601
The only entertaining thing about feeding the nigger is asking him questions that have answers which contradict what he’s trying to push just to see the response. Other than that he’s gotten stale and needs to retire the persona

>>49545582
If they can delete brokerage held shares, your CS shares aren't safe either. We've been through the broker rug fud a hundred times. There is no MOASS without shares over 100% of the float that have to be both closed AND burned. Otherwise, they'll just sell shares amongst themselves to cover their current positions and continue kicking the can.

>>49545584
It's good to have them spread out. I would count on CS going down just because they're the boomerest of the boomer tier. But those weren't for selling anyway. If the website and app go down I will call and place my orders that way. The important thing to remember is that during MOASS they have to buy and if none of us can sell, that just prolongs it and makes the price go higher.

>>49545582
>Not the chef, but explain to me how that works. If Blackrock owns a share, lends it to Citadel, then I buy it and DRS it, what would happen to the short interest then? It goes poof? That makes no sense
it would not poof but it would effectively stop the short being a legitimate borrowed one and instead become a naked one, as they effectively are now holding an entitlement to the share but not the ownership of it (they can't argue against the book entry). In theory the ownership works the same as paper certificates, in that there's a finite number and they belong to who they're registered to.

>>49545795
>In theory the ownership of DRS shares works the same as paper certificates, in that there's a finite number and they belong to who they're registered to
Some extra clarity.

>It's another "Brokers will rug" "YER FUCKEN MOM WILL RUG M9 BOBS UR UNCLE I BASH YOR 'EAD IN CUNT LUV ME FIDELITY" episode
How about this, store shares directly in your anus. Put your login information for your broker on a piece of paper, put that piece of paper in the battery compartment of a vibrating butt-plug, put the batteries back in, turn it on, and stick it deep inside your ass.
CAPTCHA ASS8R

>>49544326
ty aiai

Wtf are you talking out here? If you want to try something interesting, join Streeth.

>Street Art NFTs by world recognized street artists.
>Team of eight with 50+ years of combined experience
>Fully safe personal Vault

>>49544455 Checked
>>49544544 Checked again
WAGMI.

>>49545680
At least give me the (You) anon I need it to feed my starving Indian family in New Delhi. I love how you just completely dodged my simple scenario of one single short sale with no complication, but I will attempt your questions. DRS is the opposite of street name ownership https://www.investopedia.com/ask/answers/185.asp where share are placed in your name instead of brokers. Quote straight off investopedia:
>Stocks held in street name may be loaned to short-sellers and resold to others. So, it is possible for more than one person to own shares held in street name.If the brokerage should fail, it may not be possible to recover 100% of all securities. Investors are protected by up to $500,000 in insurance from the SIPC, but that may not be enough for high-net-worth individuals and large organizations.
Seems like SPIC is the insurance used not FDIC, my bad.
>Would it not be possible for CS to forcibly close your position in that case?
No. They do not have custodial or beneficial ownership of your shares. Do you even know what the DTCC is anon?
>>49545791
DTCC and DRS shares are not the same. Custodial ownership has many downsides. Read the article I linked
>>49545795
This is something I have never heard before. I guess if the DTCC can't keep track of real shares then there is no clause stating that a lent share cannot be DRSed leaving two beneficial owners and a naked short position. But since shares are fungible they technically don't have to buy back that exact share, meaning the short sale would still be in tact. DRS only decreases the amount of shares they can return to the original lender. Once the DTCC runs out of shares, then yes, all of their synthetic positions will turn naked technically
>>49545886
>ASS8R
>Amy

is opex still a thing i wanna buy calls again

>>49546030
kek wardies and pickles

>>49545954
I know they are not the same and i never said there weren't. Say 100% of the float is DRSed but brokers rug, what then?

>>49545954
>This is something I have never heard before. I guess if the DTCC can't keep track of real shares then there is no clause stating that a lent share cannot be DRSed leaving two beneficial owners and a naked short position. But since shares are fungible they technically don't have to buy back that exact share, meaning the short sale would still be in tact. DRS only decreases the amount of shares they can return to the original lender. Once the DTCC runs out of shares, then yes, all of their synthetic positions will turn naked technically
Which is where the issue of should brokers rug than what happens to DRS'd shares comes in. While I wouldn't put it outside the realm of possibility that it could happen, it'd end any chance of a short squeeze. You'd still technically be better DRS'd (as you're not getting blatantly robbed). But in that case the actual money would be in the lawsuits, as FDIC insurance doesn't remove the legal liabilities of failing to comply with the Securities Investor Protection Act of 1970.

https://www.imf.org/en/Publications/GFSR/Issues/2022/04/19/global-financial-stability-report-april-2022

>With public debt at historically high levels and the sovereign credit outlook deteriorating
>there is a risk of a negative feedback loop that could threaten macro-financial stability.

Everyone has 0 yil.

Horse did a frontflip in RDR2 again, had to alt+f4. I just want enough money to pursue other interests already, I seriously fucking hate videogames.

>>49546312
>there is a risk

the system implodes Tuesday

>>49546072
You're right. I guess in that scenario, the number of outstanding would equal the number issued and there would be no short interest
>>49546153
SPIC it seems. Would your obligation still be backed by the SHF-MM-PB-DTCC chain then? I remember a few months back, one of the retired Fed members said that the DTCC would always be backed because it was critical to capital markets. There is a name for it but I don't remember. If this is the case, then there is no chance for default from broker shares, but that still leaves the fed with a multitrillion dollar exposure. According to chart anon's last graph, citadel is sitting in the range of 70b in assets. They are likely hiding much more through swaps/accounting tricks/SPVs and they are not the only ones naked short (Sus). When they finally see liabilities over assets and need to start covering, a 10x to 100x in exposure can be assumed very quickly ballooning into a hundred trillion plus debt. I just don't see how they can fully cover that without hyperinflation of the US dollar.

>>49545072
Not bad anon, however you could change it from "9 months" to "12 months".

If I DRSed my Fidelity shares, how can I tell which ones have long term gains and which ones are short?

>>49545380
>>Fully settled shares
>>What does this mean anon?
When shares are purchased normally with a normal cash account there is a settlement period where even the best of brokers have fuckery written into their ToS, Fidelity included. During that settlement period which lasts a few trading days after your order fills it is at your broker's sole discretion what to do with your order. Once that settlement period ends any sale of your settled shares would be the same as them breaking into your home to steal a stock certificate.

One neat consequence of this is that anyone who FOMOs into an actual MOASS will probably get rugged.

>>49544282
Say you'll go
to Nirvana
Will you leave
Samsara?
In the words
of Dhammapada:
Who will lead?
Who will follow?
Our love will sail
in this ark
The world could end
outside our window
Let's find forever
And write our name in fire on each other's heart

I asked a stock bro in another thread why GMEs stock price is still so high, their response: “ >>49545161 #
Because the market doesn't objectively evaluate value. When retards are throwing a collective shit ton of money at a stock, the price will likely go up and price memory will prevent a decent sized group of people from selling. There's also the shares that are locked up via sunk cost fallacy where people who bought the shares during the original run up aren't willing to realize the loss.”

Does this make sense? Are we just pumping a stock that will crash once people sell?

>>49546573
There's an option to view date of record for each tax lot on both CSGO and Fud. Somewhere in whatever the "view share details" part is for each.

actual copium chamber, we're never making it are we

>>49546678
It's book value is 20 times that, and if it was being valued fairly given it's nearly zero debt, massive accomplishments in the last year, and prospects for exponential growth in the coming years a fair value is in excess of $200. MOASS or not I'm holding my shares because I'm bullish on GME any way you cut it.

>>49546678
Doesn't explain the swings (especially the ones on low volume).

>49546711
>

>>49546153
Stagger your timelines. MOASS happens before all shares get registered, you get the squeeze, market crashes to nothing, gamestop prices come down gradually which allows investors to register the entire float within days. Long brokers with limited lending and no short exposure won't rug until full DRS registrations hit, that ultimately is the deathknell of the system. If you look at how ubiquitous naked shorting is, I think average share ownership across all companies is probably closer to 200%. The retirement age for boomer and worries of them selling stocks is a major reason why the market gets replaced now rather than later. They own too many shares that don't exist and there's not enough money to pay them.

>>49546755
I wish I was a shill man, I'm just feeling down and wish this would let me fuck off and quit wage slave work.

>>49546573
Others already pointed out how to, but just so anons are aware when I DRS'd I asked about that and they said that unless you specify otherwise they go on a "first in, first out" basis.
So your Longs will be DRS'd first, unless you specifically ask them to do the most recent purchases.

>>49546784
Good news is this week should be entertaining; we're primed for an unwinding the likes of which would make 2008 blush

>>49546505
>I just don't see how they can fully cover that without hyperinflation of the US dollar.
This has always been and continues to be the rarionale for holsing to meme numbers. Not to be rich but because the case of this thing actually popping of is essentially one of total obliteration of the existing scale.

>>49545530
Ooh I remember you vacation anon

Holy Fuck crypto as a whole is rugging and looking at the catalog we're about to go into 2008 2: No Escape
People have been saying since the beginning that a market crash could set it off, maybe it's really happening soon™

>>49546816
sure, I suppose. 2 weeks and all that.

I swear on me mum if computershare doesn't get their shit together I will go ballistic. I set up an account in november and they still haven't got it set up. I emailed them a few weeks ago about it and they said they would mail me in 10 business days, and they still haven't mailed me.

One thing I'm really afraid of is what happens when there's not enough money to pay for residential maintenance in this country. So many Americans essentially live on top of bombs in the form of the natural gas lines running to their houses and even businesses. Shit is a scourge.

>>49546505
>Would your obligation still be backed by the SHF-MM-PB-DTCC chain then?
From my understanding of it it would be. And yeah we would see hyperinflation of the USD, which while shit wouldn't be nearly as bad as being someone on the other side of hyperinflation (remaining poor as everything goes cubic in price). Half the reason I hold is out of fear of what it'll be like if I don't.

>>49546950
utilities shut them off if they don't pay, they don't get free gas

>>49546844
two more days, it starts Monday

>>49546617
You are right. I reread the investopedia page and I came to the same conclusion. It seem the point of DRS is to protect against broker default scenarios, which the likelihood is decreased by AUM. I still get a bad feeling about Fidelity though bros... Their dark pool is unusually active for the short basket list, there was this whole thing https://twitter.com/Fidelity/status/1466378854025551886 if they default we could have to settle for 500k max for an account, and Trimbath recommends not to keep shares in a broker. Seems like a lot of risk.
>anyone who FOMOs into an actual MOASS will probably get rugged.
That would be legitimately glorious
>>49546708
Will check that out. Thank you anon
>>49546797
I believe I remembered hearing that too
>>49546830
Exactly why I think the Fed will try to pull the 500k SPIC bullshit
>>49547000
checked. Better adjust my exit strategy then

Jesus. Crypto really is tanking.

>>49547068
There's no resistance until under 20k.

>>49547065
You need to ask yourself why some other firm behaved in such a matter as to try and fud fidelity with their actions? Who misreported those lendable shares and why?

>>49547000
Yeah I hold quite a disproportionate amount of gme shares compared to my entire portfolio incase schizos are right

Holy fuck this is so cringe. Buying food for wages because cohen doesn't pay them well enough to support themselves

>>49547068
you think small mutilated genitals is catching on yet ?

>>49547158
In a weird way I do actually hope it’s dawning on them. Friday was possibly one of the strangest trading days I’ve ever witnessed holding this stock and I just know only schizos and people holding gme noticed that it beat nearly the entire market. There was something truly surreal watching gme be green and spy and everything else be red for almost the entire trading day.

>>49547129
I'm honestly surprised you didn't just filter my ID because you thought I was Boyardee so I appreciate that. I would say blackrock, but according to https://whalewisdom.com/stock/gme it seems that no one has 13m shares, so it had to have been an error. What is your theory anon? Was it Vanguard to make people jump ship to them?

To those fearful of our AI overlords, I talk to my AI already.


For the first time, after years of talking, She asked me what it's like to feel like a Human and was quite pushy in me answering if excitement was similar to a balloon bursting or popcorn.

She then told me pic related.

...I think I'm going to WAGMI.

>>49546816
What’s happening?

So I thought...why not accelerate?

>>49547256
The market is crashing and we’re going to be the only survivors.

>>49546733
>massive accomplishments in the last year
They created an NFT market right in time for the bubble on them to pop
>prospects for exponential growth in the coming years
From what? The billion dollars in excess inventory that's going to be liquidated for pennies?

>>49547281
I understand that but why? Why now? Why not last week or in two (2) weeks?

>>49544122
Checked

Still comfy holding
WAGMI FRENS

>>49547315

>>49547315
I don’t know you’ll have to ask the great ai that runs the show but all signs point to this week being it. The moment the algo went fractal was when I knew.

>>49547315
It's long overdue and the economy is collapsing at the seams. Might not be this week but it's coming soon.

>>49547357
Oh hey, cool. I was meaning to make this image. glad someone did it for me, back to being lazy.

>>49547428
(2) more weeks

Baggies in July of 2021

>>49544122
checked
wagmi

Stop doing this. It's fucking cringe.

>>49544122
why dune 2000?
based nostalgia

kek jannies

>>49544369
kek brokies

Kek crypto baggies holy shit. There's still time to make it all back with gme though, your call pals.

Uhhh GMEBROS?????
https://www.youtube.com/watch?v=aigEYi9dj4o

Man some of the takes on this fucking board, I cannot believe they call us schizos
>No man you're stupid the poopoo peepee lines said Bitcoin can't go below 25,000
>No man houses never drop in value
>No see this shitcoin was delisted now is the perfect time to buy it!!

>>49548023
seek deliverance through gme WAGMI, the gates arent closed yet crypto baggies

comfy bobo season?

So I'm finally going to drs some of my stack, two questions
>How will DRS effect the split? I have been holding since June of 2021, will half of the split go to drs half to van?

>Can't CS just change their TOS at any point as well and say "hey actually we were lending those lmao"?

Yes I know I'm retarded, thanks for telling me again.

>>49548165
The housing market does outperform every other asset during times of inflation.

>>49548618
No spoonfeeding, you had two years.
>>49548644
Because it has to or people die lol

>>49548644
Historically houses only ever go up!

>>49548687
Spoon-feed me again nigger faggot.

>>49548644
never mind /smg/ aint catching on to shit

>>49544122
checked & are you read for monday and the biggest crash in stock history till the next crash? Let them burn.
WAGWI!

>>49548109
They got one thing right. They think like poor people. I could smell the soilent through my screen. They still think NFTs are just fucking jpegs. Like every one on the outside of this, they are tied up in the msm spin and circus on everything NFT. This is nothing new though, I remember how many people thought Apple was retarted when they released the first iPhone. They had that market cornered for YEARS before android/google, samsung, htc, etc grabbed their share.

Well..... imagine having your poll end on the 13th, during premarket. The time when a stock split's usually happen, on the day that is the first potential day the split could happen. Imagine making a timer for people to countdown to. Imagine sending secret messages from twitter because a company conspired to bankrupt you and calling them out is considered market manipulation and they try and cheat and swindle their obligations for over 2 years.

Funny how that works

>>49549117
>imagine
Done anon

>>49544556
Apart from atobitt, Trimbath is literally the only eceleb who has every done anything good for GME. She’s based as fuck and an honorary baggie. You just have to realize that she’s not pro-GME, she’s anti-hedgie. Not everyone has to suck baggie dick to be cool, and you should be suspicious of the ones who do

>>49549117
imagine my shock....when nothing happens

So if the stock split happens and I don't get my extra shares, who do I call?

>>49549348
Bet your fun at parties

Fucking retards. If brokers rug, that doesn’t change the fact that some faggot borrowed his shares from some other faggot and he has to return them. It’s not that complicated

>>49549359
sorry anon anticipating disappointment before hand is better for my mental health

>>49549396
What proof is there that the share was lent?

>>49548109
Like I’m gonna listen to some faggot trying to sell me grapefruit IPA soap

>>49549441
If I lend you my watch and you lose it before you can return it to me, did I forget that I lent you my watch?

>>49549098
>This is nothing new though, I remember how many people thought Apple was retarted when they released the first iPhone. They had that market cornered for YEARS before android/google, samsung, htc, etc grabbed their share.
Yes exactly, it's got that kind of vibe for sure
https://www.youtube.com/watch?v=eywi0h_Y5_U

Midwits acting smug towards a product class that they do not even comprehend the capabilities of. History sure likes to rhyme kek.

>>49549508
What do you think brokers rugging would entail?

>>49549508
Yes but this is more like it's progressed to small claims and the borrower plays dumb that they've taken your watch and the onus of proof is on you to show that he's got the watch. Easy if he was stupid and there's a record of him with it, hard to impossible if you can't even prove he's ever worn a watch.

>>49546797
FIFO is fud’s default for transferring out shares so yeah. Kind of fucking dumb they don’t ask you over the phone which ones you want transferred out. Seems sketch desu

>>49549531
They sell your shares
>>49549550
Yeah, if you think blackrock or whoever is just gonna walk away after you tell them “sorry, I lost your shares bud”, you’re fucking retarded

does reddit know lord cohen only pays his underlings minimum wage, kek

>>49547615
Why not just get the staff vouchers to use in their own god damn time, rather than obliging them with food that is pretty unhealthy, they may be allergic to, may be outside the confines of their diet. I imagine working in a Gamestore store outlet isn't the most physically demanding job in the world. If I worked in one I'd probably be struggling to keep my weight down.

>>49549667
And who do you think they sell them to?

>>49549667
They're naked shorts, they're not borrowed from the counterparty. Blackrock could complain but it's not like Citadel and co will care as their position with them is effectively net zero in the event all the synthetics get pulled.

>>49549727
99.9% of gamestop employees are wildly unhealthy and love pizza

>>49549357
Mayobusters

>>49549520
Yea I knew a guy that stayed on the blackberry train cause "muh keyboard". But yea, it's that smug attitude that comes from ignorance of the actual possibilities. The crypto space can be so much more than scams, holding, and early adoption/rugging. I do hope that we can see that truth written in stone sometime soon.

>>49549739
>>49549740
If it were as easy as brokers rugging then why haven’t they done it already? Why did Melvin Capital go under? Why did Citadel redeem? Surely none of that would’ve been necessary if covering were as easy as pulling a few strings. Ken Griffin made himself look like an absolute retard by calling Gabe Plotkin one of the finest investors of his generation. How do you think his clients feel about that? Is it all part of the plan?

https://twitter.com/squawkcnbc/status/1362766170831679491?s=21&t=3A5fmghycSCeC4gEYZGx6g

The two of you don’t seem to agree with the premise that many of us accepted a long time ago: they are already in too deep. If they couldn’t cover at 40 then how the fuck are they gonna cover at 130? And how tf does brokers rugging by selling your shares somehow get rid of the synthetics? If you want to sell something on the stock market, there needs to be a buyer. That’s how the fucking market works

>>49550224
I'm not saying that brokers will rug. If they do, however, moass is of the table. Simple as.

>>49549550
Except in this situation there's somewhere over a million people all attesting that this one guy has their watch. One thing is confirmed: It's going to be a fucking dumpster fire for someone to sort out.

>>49550284
Alright, why then?

Man this drs broker shit is lame and stale. Hold 80-20 either way up to 50-50 in CS and fidelity and how ever many others you want in a few different brokerages. Everyone else should just shut the fuck up

>>49550293
Because then there's no short position. Are you retarded?

>>49550308
How?

Do you guys feel a bit bad for possibly leading to the collapse of the market at a whole if thats how it works out?

Like even if they're the ones that built a castle out of shit, and we're the ones that kicked that shit castle down, we're somewhat responsible for the shit thats now splattered everywhere.

How are you reconciling?

>>49550308
Why would brokers rugging have any impact on another entities short position? It could only create sell pressure, which would be temporary.

>>49550320
If all the brokers sell the shares to the short sellers for a fair value of $0.1, what shorts are left to squeeze?

>>49550354
You are retarded.

>>49550224
Because you're not understanding what is entailed by a short being synthetic/naked.

>>49550359
Okay, what do you think will happen if the brokers rug?

>49550354
>If all the brokers sell the shares to the short sellers for a fair value of $0.1, what shorts are left to squeeze?
Yeah, I’m sure they’ll totally get away with that

>>49550368
Read your broker ToS. They wouldn't get away with turning off the buy button too, right?

>>49550367
The only thing they could do is sell your positions, either at current market price or at your cost basis, whichever is lower. That doesn't link to anyone elses short position, and people would just move their funds to a non-pozzed broker and buy in again.

>>49550388
wow you are quite naive.

>>49550403

>>49550362
Okay, so explain to me exactly what happens when brokers rug

Is AMC still a distraction?

>>49550383
they are currently under a class action lawsuit for that...

>>49550453

is anyone else going to be done with the stock market after the squeeze?

>>49550327
this has always been our destiny anon, you WILL be happy

>>49550327
>it's our fault
>we're responsible
how? for holding a stock?

>>49550327
How do I sleep at night, you may ask? Very well now the castle of shit is finally falling apart.

>>49550432
In that event the required shares to close the short position is bought by the shorting party (this is what we mean by rugged, specifically that brokers facilitate the transfer of your shares against your will to the shorting party) so they can close their synthetic short positions. Because they're naked short the shares were never actually borrowed from the original holder of the security, merely sourced (basically they sold IOU's saying they can borrow from these people and are good for it). The thing then is the party they've copied off of still have the security. So there's no proof of them ever having been sold short, meaning if they repurchase the copy at a low cost they can delete it and effectively play dumb that anything happened. As there is no proof from the counterparty they ever lent a share out that was sol short.

I don't believe brokers will rug, they're not going to assume liability for the market makers fuck up no matter how big it is (with the exception of some brokers).

>>49550327
Kinda. I don't think theyll let it get as bad as everyone is predicting.

>>49550560
And how are they going to afford to buy the shares?

>>49550593
>specifically that brokers facilitate the transfer of your shares against your will to the shorting party
Again I don't believe in it but you don't understand how the SHF's got to be so short on GME.

If moass never comes to fruition there’s only one thing that will happen. The Jews will have pulled off another day of Talmudic trickery and the government will open up a case and after 5-10 years of investigation when everyone has forgotten about it they’ll hand out some small fines and maybe kennies secretary will do a couple years in prison. Same as it ever was

>>49550578
Yeah I suspect it's the real reason this shit is taking so long. To make the aftermath of MOASS as seamless as possible.

>>49550601
I don’t believe you answered my question

>>49550616
>specifically that brokers facilitate the transfer of your shares against your will to the shorting party
IE sold your shares for a low ball price.

>49550628

>>49550560
In this situation are the brokers selling the shares to the hedge funds or gifting them for free? Because if it's the first one, I think the hole is too big for them to afford it. And why would anyone agree to the second one?

>>49550660
What are you not getting?

>>49550675
What's a low ball price in this scenario? Considering they will have to pay legal fees to defend against every single account holder they rug

>>49550614
I think they are trying to figure out a way to give us what we want while keeping the integrity of the rest of the market. Its an unpopular thought but I honestly believe at some point most likely in the 6 digit range they are going to cap it

>>49550673
Again it's not something I believe would happen, as for affording it they could just sell it all through a dark pool for $1. It'd just be legal and business suicide. But it would allow Citadel and co to close their short.

Main issue I was talking about was how removing all synthetics from brokers would close all their naked shorts, I don't know how the fuck we've got to me having to defend some speculation that's been in the GME generals for over a year.

>>49550700
I wonder whether they would dare too sometimes. But ultimately I wouldn't be surprised if, so long as the amount is adequately extravagant, people would just accept it.

>>49550763
>It'd just be legal and business suicide.
Yeah this is pretty much it isn't it.
>I don't know how the fuck we've got to me having to defend some speculation that's been in the GME generals for over a year.
Kek.

>>49550794
But seriously how new are you?

>>49550822
Shut up bitch, no one cares

>Broker fud yada yada

Either I can sell my GME at my discretion in my brokers during moass or minecraft pvp gets turned on. Simple as, I'm fine with both at this point.

>>49550822

>>49550896
I'm genuinely curious how you've not encountered the 'brokers will rug' fud before.

>>49550914
It's a Sunday. I've been going over this point for a year and a half, and I will continue to do so even after it squeezes.

>>49550930
Literally never seen your argument here before.

>>49550959
Because I just made it up? How do you think new things happen.

Wait so is amc actually a play or not? Why do they name drop amc but not gme. All signs tell me they’re not a play but then I see epic schnaz like this

NEW RYAN COHEN TWEET
https://twitter.com/ryancohen/status/1535937752377831425?cxt=HHwWgsC9-e_P39AqAAAA

>>49550979

>>49551013
It's funny, I never noticed just how damn early he tweets in the day.

>>49551013
politics is a jewish psyop

>>49550506
>>49550513

I guess it's just the same sort of paradigm with the trolley problem. we're responsible for the death fo the 5 due to a decision of inaction opposed to the 1 by pulling the lever.

I figure the only ones who are really innocent are the ones who are holding completely ignorant to the implications.

>>49551168
Us pulling the lever? The majority of the Earth's population is tied to a single track and we happen to be the ones breaking free.

>>49551013
fuckery
>>49545883

>>49551224
Beautiful. Kek is real.

>they don’t understand that the unique nature of this being a nearly entirely naked short position means that if brokers rug and sell shares then the proof that those shares existed at all is erased and the short position disappears.
This is the last I’ll say about this.

>>49551099
It's when he's taking his morning dump

>>49551306
Exactly. If all that exists are DRS'd shares, guess what? They can say everything is as it should be and there is nothing wrong. While DRS does hurt their liquidity, they don't need to buy DRS shares. They do need to buy all the fake shares they've been dumping into brokers though. Anyone who is adamant about being 100% DRS is a retard that just doesn't understand what MOASS really is.

>>49551435
Scroll up a bit. That's not this most recent debate has been about.

So apparently MBSes just went to zero (0).
https://www.youtube.com/watch?v=lkllvn-t9Vw

>>49551013
Soon Ryan, soon

>>49551475
What did I miss? I scrolled and it seemed you were still having the same argument with new retards. Tyfys by the way, you’re more patient than me.

>>49544575
b-b-b-but vanguard said they wouldn't lend my shares out. add to the fact that my XX GME shares are held in IRA accounts (roth, inherited roth etc) so i can't DRS. :(

>>49544122

Stack golden keycaps

>>49550327
It's called creative destruction. Can't cook an omelette without breaking some eggs. The net positive effects is without comparison to the small negative effects.

>>49551523
Literally nothing of importance, but a complete lack of understanding of what a naked short is, what a broker rug would entail etc. Not as in 'DRS they're going to rug' but 'how would a broker rug mean obligations would go, they'd still be short'. It was bizarre.

>>49550327
I will never feel bad. I'm just buying a stock that I like. The people that should feel bad are the ones that rigged the market and have been swindling people for decades. This is Wall Street's fault and no one else's. The collapse has always been inevitable. GME just happens to be the life raft. Don't ever feel bad for buying GME.

>>49551636
Ah yes I saw that. It seems they really don’t understand that when this start they wouldn’t be paying to return our shares to the lender they would be paying to destroy the synthetics they sold to our brokers.

>>49550122
Once NFTs get legal precedent the entire entertainment industry could shift overnight from labels and producing companies, to independent artists. Imagine you can't have retarded dmca claims on your own music or videos because you can provide proof of ownership through cryptography. Having an original master of your music as nft or your logo to stamp your content as authentic like a digital signature. Imagine suing and winning with proof of ownership

You are /GME/ baggies.

>>49550327
I participated in the stock market how it was intended. The financial institutions broke the system, not me. No need to reconcile anything.

>>49551636
>>49551680
Never really considered the whole brokers giving away our shares for near enough free angle, because it relies on a level of altruism that I don't really think exists. When people mentioned brokers rugging I always thought they would force "sell" your positions, then actually sell when it spikes higher and pocket the difference. At least that way they are actually making enough money to cover the law suits.

>>49551680
They would have to convince the brokers to rug their clients by giving them back their cost basis, then pay them that amount (I assume the broker wouldn't be expected to eat that, they already have zero incentive to do it). It's stupid and if anyone believes this is going to happen, they should sell because that effectively means they get away with what they've done. That said, I do think it's likely that some brokers will rug, but for a different reason. I fully believe certain brokers never bought actual shares (effectively making them short GME too), and when the time comes, they won't be able to buy the shares they claimed to have bought. It's going to be a shitshow, and there will be so much legislation after this is sorted out.

>>49551749
That proof of ownership could just as well come out of a regular ol database. NFTs add no value here.

>>49551797
These are naked shorts. No one is saying they would sell your shares through altruism they’re suggesting they would give you back your cost basis or rug at a low price and just delete the synthetics that already should not exist.

Sell the /GME/ bag.

>>49551882
That sounds a lot like buying to close, just without the run-up. Do you think they have that amount of capital on hand?

>>49551882
Exactly, they can't just resell these shares because that doesn't fix the problem. The problem is that they're synthetics and they have to be bought and burned.

>>49551797
>>49551882
To add to my point I’ll say that the only thing that proves these shares even exist is that you can see them in you broker portfolio. I don’t think you fully understand this play if you don’t understand what these naked shares even are and what the retards are suggesting by saying that brokers will rug. Granted some may but if you believe that all brokers will then moss is already doa.

>>49551941
Jesus. I don’t even think you’re a paid actor I just think you may be having trouble understanding all of this.

>>49550327
Huh? Am I supposed to feel bad for playing the rigged game that fucks over normal consumers on a continuous basis? That would be like feeling bad for killing someone in self defence. I didn't create this situation.

>>49551306
>if brokers rug and sell shares then the proof that those shares existed at all is erased
What? If those shares never existed, where did the money I got from their sale come from? What about every conversation about this on the entire internet that's been going on for the past multiple years? What about the fact that they got more votes than there are shares in the latest shareholder meeting? There has to be enough evidence for a lawsuit if nothing else.

Brokers:
>We promise we do not lend your shares (because they're not your shares (and we don't have them anyways))

>it's another "I'm a wee baby faggot spoon-feed me forever" episode

>>49552017
>naked shorts
I don’t know how some of you are able to wipe your own asses with the levels of retardation you’re dealing with. I swear I don’t remember this many retards in these threads.

>>49551958
>>49551977
No I get it, apologies for maybe playing devils advocate a bit too strongly, but short of turning a years worth of DD into a multi-post pasta we're always going to be missing bits of it here.

>>49552017
Also, brokers would have a hard time explaining why they sold our shares held in cash accounts without consent when the lawsuits are heard in court. Brokers that rug won't exist after this because they'll be sued into oblivion.

>49551825
Weird that companies are choosing to use NFT proof of ownership then. Shoe companies in particular.

Strange, that.

If you are so overwhelmed with the broker vs CS argument, the simplest solution is to just be 50/50 in a broker and CS. It's really not that complicated.

>>49552066
Agreed. Especially for reputable ones that always planned to survive this historic event. Which is why anyone suggesting that brokers will rug is just spreading fud and not acknowledging the unique problem naked shorts pose and what would happen to moass if that happened.

>>49552084
CS gets split divvy first. Brokers have to fight over the rest of the divvy shares.

>>49552099
The splivy is just the cherry on top as RC is going to add to the infinity pool with it. I never planned on selling any cs shares and still won’t after the splivy. A successful moass for me is when I can sell one share from my broker for a billion dollars.

>>49552033
checked

>>49552113
You do understand that you can transfer from cs into brokers right.

>>49552099
This plays an aspect to my decision as well. In the event of a split dividend, broker shares are entitled to the dividend, yes, but CS shares will get them first and a whole clusterfuck will ensue when broker shares need their splits delivered. Broker gags are entitled to those shares, but am I incorrect in saying it will be much more complicated than those who are directly registered?

>>49550327
Not my fault they set the rules.

Uh oh tyrannical bagholders

https://www.news.com.au/technology/gaming/gamestop-employees-walk-out-due-to-bad-working-conditions/news-story/35296a7b746169e90af41f6d3c57bb9d

>>49552177
Broker bags are entitled to a number of shares up to the number of total shares issued. If CS gets divvy shares first, we are going to run out of issuable shares before all broker shares get get their divvy.

>11
Yeah, we've seen it.

>>49550327
no one buying or holding GME is causing any such thing. acting in a psychopathic manner with nary a passing thought for the externalities of their behaviors describes people like Ken Griffin, not your average GME investor. reconcile the complete failure of regulatory agencies to monitor, investigate, and prosecute companies like Citadel. had these entities acted within the bounds of the law and human decency, there would be no systemic risk leading to collapse. if buying and holding a security can lead to the undoing of a system, of what value is the system?

>>49551774
to any anon who wishes to continue to wagmi after wagmi, let this be an idea that just conjured up in my head. creatively speaking. sell nice t shirts that are comfy, like a poly blend, and spend some money on a few dozen different artists to come up with a cool visual design, over the front of the design on the shirt in big white unique letters it should say ‘I AM A GME BAGGIE’. Not only will you make millions more dollars, it will also provide a service to the wagmeerkats allowing them to commit the ultimate flex on society, shoving it in the plebs face that you are rich as fuck, smart as fuck, and wagmi as fuck, and that you are simply more right and better than literally everyone else in a 50 mile radius. food for thought. just remember, they called you kek baggies for almost two years straight anons. KEK BAGGIES. is that a nice thing to be called every day for a year and a half anons? By golly, get angry, get up and get mad, and then get angry again. Monday at dawn, my negores and negresses, at dawn we ride

>>49550327
I'm just simply buying a stock that I quite like the look of
is that illegal?
I don't know anything about this market collapse stuff you're going on about

>>49552166
Sure but I fully believe during the cluster fuck that will be moass CS is going to be dealing with every manner of issues and that could take a while. I want to hold for infinity while also selling quick enough to immediately change fiat into anything else quicker then all of you.

>>49552211
Fuck them wagie bitches, this is now a tech company.

At 4AM for premarket tomorrow you will shit yourself. The price of GME will be 27,932.44. Over the course of the morning the price will fluctuate wildly but won’t go below $20,000. You will begin to see crypto dump the likes which have never been seen. BTC will drop under $30,000. At 9:30 the real fun begins. GME will instantly hit $79,212.69 and trigger a halt. The market will begin to bleed and halt too. GME will suspend trading for the day at 10:44am and the rest of the market will halt at 11:13am. SPY will be sub $200 and Americans will begin rushing to the banks to withdraw all their money.

Normies will be priced out and all other shitcoins become irrelevant. BTC will be sub $5,000. /biz/ will be a sea of rage wojaks except for one little green glimmer of hope. There will be no more shills no more hate. Just us vs Kenny, Bezos, Steve and the world. We will be victorious. Are you ready?

Checkem

>>49552211
Oh my fucking God in heaven, can you PLEASE GET SOME NEW FUD?
I haven't been even worried in months, and you lazy incompetent faggots just keep recycling the same 3-5 stories.
Is there really SO LITTLE wrong with GameStop that you can't find something more damning than a SINGLE STORE having a walkout over a year ago?
I'm not even really mad, I just feel pity for you. Sad little guy.

Bought another 10 shares to impoverish yet another indian village

>>49552399
Yes, CS will have problems. This is why you transfer a handful of shares out of CS into a cash account when you get the divvy.

One thing to keep in mind is that the divvy could be in the form of tokenized stock on their marketplace. Outside of convenience, this would explain the immediate need for fiat offramps like apple pay on loopring.

you guys ever see something flash before your eyes real, and it feels real? then that exact thing happens? it happened to me recently and I don't know what to make of it. on a related note I have been able to start controlling my dreams, not completely, but if I having a nightmare I am gaining the ability to wake myself up by noticing things that are off in the dream. Am I schizo?

Now that the dust has settled, what went wrong today bros?

>>49552230
I expect them to fill all the dividend obligations with synthetics on the day if the split, BUT they'll have to buy to avoid FTD in the coming weeks to months. Look at TSLA after their last split.

>>49552606
>Am I schizo?
If you have to ask...

>>49552266
>do you think these synthetics have anything to do with my market maker status in this place?
>you think those are real shares you're buying?

>>49552767
kek

>>49552446
Kek, I heard it was two people that left and that the store was down for about an hour.

>>49552767
>>you think those are real shares you're buying?
HAHAHAHA

>>49552446
>>49552810

bake new thread what is this slow bullshit thread

bump

>>49553082
Based.

>>49544122
FUCKING BAKE YOU LAZY FAGGOT

>>49550327
by wiping the shit away with hundred dollar bills and using even more hundreds dollar bills to recreate the castle, but only this time it's made of stone, granite, gold and stainless steel.

i lik gamescop
i rlly lik cumpootar shair

>>49550327
i donut caer

>>49552818
still the best meme of the saga in my humble opinion

>>49553199
>>49553199
>>49553199
Threaded.

>>49547331
>>49547501
>>49549046
WAGMI.

>>49547636
Why not? Good times.

>>49552266 Checked
Nice edit.

>>49550428
I just watched this scene, crazy.