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27665347 No.27665347 [Reply] [Original]

https://www.reddit.com/r/wallstreetbets/comments/lbpzl1/surprise_surprise_im_not_selling_a_damn_thing_the/glvcp7i?utm_source=share&utm_medium=web2x&context=3

20210202|GME|16358136|1073011|29733410|
That's short volume|shortexemptvolume|total volume
Supposedly, during that day, according to S3 data, the shorts erased north of 60 of their short interest %. Float is 46.89M. 46.89M * 0.6 = 28.134M shorts covered during monday.

28.134M shorts covered with a non-short volume of 10.7M. That 10.7M shares is all that traded that day besides shorting. There was 16.35M done in shorting that day. Monday was net short by minimum 16.35-10.7 = 5.65M, probably north of 10m (assuming every single transaction of the 10.7M was buys to cover shorts, which definitely did not happen). Then how does short% plummet from 122% (post-friday number) to the mid 50s? Short% should have increased.
By covering with shares they don't have and shorting with shares they don't have. They don't have to settle the trades until 3 days have gone by, after all. They might as well try 1 last ditch effort to make longs capitulate and sell out en-masse, they probably thought.

They have already had big failed to deliver events since at least December. Sometimes even 1-2%, which is just the tip of the goldberg of actually naked sells and covers they are churning within the 3 day settlement period. This time the failed to deliver might be in the 10s of millions of shares, which means it could be in the 20-50% range of total float failing to deliver depending on how well they hide it with hedgie churning magic.
https://www.reddit.com/r/wallstreetbets/comments/kr98ym/gme_gang_we_need_to_complain_about_naked_short/

This is probably the biggest securities fraud scandal of our lifetime. We will get to witness the biggest Failed to Deliver proof of stock counterfeiting in terms of dollar value of stonk there has ever been.

Read this thread for elaborations on the mechanisms involved. >>27590984

>> No.27665607

>>27665347
Good shit.

>> No.27665805
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27665805

I dont know what this means but god damn it i’ll hodl. Check em

>> No.27667527
File: 704 KB, 1024x825, fidelity tuesday.png [View same] [iqdb] [saucenao] [google]
27667527

Fuck I realize I wrote this in a really difficult to understand way.
Essentially, there was only 10.7M non-shorting volume that day on the open market, and off-market trades reported were insignificant, yet they supposedly net covered ~30M shares that day. That day they also shorted with 16.35M new shares, meaning they must have covered ~46.35M (nearly the entire float) in one day on a paltry 10.7M volume to reduce their short interest from 122% to ~60%.

That is impossible. The only explanation is that they shorted with shares they did not borrow from anyone, and covered with shares they don't have. Illegal operations known as naked shorting and naked covering.

The way the securities trading system works, you don't actually have to settle trades until 3 days after the trade. That means delivering your end of the trade. In this case they have to deliver stock. If you don't settle your trade, what you're missing shows up as Failed To Deliver.
Meaningful amounts of Failed To Deliver indicate stock counterfeiting (selling or "returning" (covering with) stocks you pretend to have). There is already ample evidence of this occurring from official government december numbers.
The action on monday is likely to show up as tens of millions of shares Failed To Deliver towards the end of this week as they fail to settle, because apes had diamond hands and did not sell them enough to be able to deliver when they have to settle the trades from monday.

pic related. fidelity tuesday and monday indicated retail is buying, not selling.

>> No.27667825
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27667825

Bear case:
Brokers and clearing houses don't breaks ranks. The media doesn't care. The regulatory agencies don't care. Politicians don't care and keep yapping about the dangers of social media pumping. They are allowed counterfeit infinite stocks if they want for downward price pressure no matter how high the Failed To Deliver rate is. Buy side runs out of steam, and GME price collapses, longs capitulate and/or the company goes bankrupt.

Bull case:
If failed to deliver spikes, it might prompt a visibility problem that results in something being done about it, because the scam is indefensible. They (clearing houses, DTCC, SEC) were betting that it could be resolved before the deep crime got exposed. If this isn't the case and diamond apes hold, massive Failed To Deliver shows, Clearing houses and brokers may run for the door to be the first ones to not be owed a share by the shorting hedgies, getting out before the house of cards of GME share IOUs collapse. It's a potential prisoner's dilemma between them. Recalling shares borrowed and refusing to trade new shares with the short hedgies and brokers they use.

>> No.27668732

>>27665347
Very good thread

>> No.27668987

>>27665347
Suprised the shill bots haven't entered this thread yet.
Realistically how long would you think they could keep this going/hidden? Until the hearing on the 18th? Or indefinitely?

>> No.27669331

>>27667825
>Brokers and clearing houses don't breaks ranks. The media doesn't care. The regulatory agencies don't care. Politicians don't care
Unfortunately I think this is the most likely result.

>> No.27669672

>>27669331
I just wish that for once in our fucking lifetime something would just happen. Literally, nothing ever happens.

>> No.27669726

>>27665347
Holy shit just let it go already man. Come shitpost in /smg/ with us

>> No.27669926
File: 644 KB, 1086x1218, TipOfTheGoldberg.jpg [View same] [iqdb] [saucenao] [google]
27669926

>>27668987
I think since they were unable to hide the tip of the naked short iceberg back in december and it showed 1-2%, I doubt they are able to hide counterfeiting an amount of shares corresponding to nearly 100% of the float on monday when settlement is due.
https://www.investopedia.com/terms/s/settlementdate.asp
It should show up as fails to deliver either on thursday or friday. I'm not 100% sure if the time limit is by thursday or thursday is the last days.

I don't have a good enough knowledge of the mechanics to know for sure, but I expect at least 20% of float will Failed To Deliver.

Real short % (counting each counterfeit share as a short) is likely to be more than of 200%.

>> No.27670123
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27670123

>>27667527
Does this mean squeeze will be even more intense now? Sky rockets tomorrow and friday? FINRA death squads breaking down doors to hedge funds?
I NEED MY HOPIUM

>> No.27670190

>>27669926
Already in too deep at this point. And I didn't put in anything I couldn't afford to lose, so I'll take a huff of that hopium. Thanks, Anon.

>> No.27670200

>>27669672
I know I'll get accused of glowing, but if we want something to happen it's on us to make it happen.
The people in charge don't give a fuck, and they're probably also in on it or know the people who are doing it

We can't expect help from on high.
Not anymore.

>> No.27670407

>>27665347
no matter what happens
regret only waits
i spent to much
i didnt spend enough

>> No.27670634

>>27670200
If I still lived in New York I’d be fucking marching in the streets with a sign. This goes so much further beyond than any CNN horse shit identity politics

>> No.27670679
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27670679

>>27669926
Cont:
They could have borrowed instead of going naked shorts, and they could have not covered, but the tactic they use is dependent on fooling the long side into thinking there will be no squeeze so retail sells enough for them at low prices for them to be able to actually deliver. Their naked covers sees the pubic short % massively reduced on monday and their naked shorts don't feed public short % because the borrowing is not reported because they didn't borrow any shares to do it.

This also reduces borrow pressure on the shares and the interest rate to borrow reduces, as it has. It creates the false impression that the danger is over for hedgies. It's not. They are still way north of 200% short.
>>27670123
Does this mean squeeze will be even more intense now?
If their ability to keep counterfeiting shares is shut down, yes.
>>27670123
>FINRA death squads breaking down doors to hedge funds?
If me and several other anons were able to figure this out, and the guidelines for enforcement already triggered on the december failures to deliver, then the case sadly is that enforcement agencies have intentionally turned a blind eye to this. Though they might intervene because it comes too blatant to cover their own asses, pretending they didn't notice until now.
>>27670190
No problem my fellow diamond handed ape.
>>27670200
>I know I'll get accused of glowing, but if we want something to happen it's on us to make it happen.
You may be right. Everyone living in the US should make as much of a stink as they can about this so it bleeds into the media as the stock counterfeiting scam it is. It has to be absolutely unignorable and appeal to politicians with populist tendencies who have not yet gotten the memo that they are not supposed to raise a stink about this.

>> No.27670681

>>27670123
I can't believe that Ork posting anon made it spill over into other platforms.

>>27670200
Checked. This whole thing sounds pretty conspiracy-esque, but then again plenty of once conspiracy theories have been proven to be true.
I just feel that if this is all true and fraud of this level is occurring and it would leak out then it could unironically make the whole system crash.

>> No.27670717
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27670717

boomp

>> No.27670806

>>27667825
Bear case 90% likely.

>> No.27671038

>>27670634
Guess what, I was marching with a sign back then when those faggots were laughing at us from their balconies sipping champagne

>> No.27671089
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27671089

Dude, it’s over

>> No.27671102

>>27665347
I wondered why the watch today felt so fucky and weird.

>> No.27671396

>>27671038
Let me see your dreadlocks

>> No.27671464

>>27670679
You should make a super easy to read infographic that could be shared. It's a bit hard to follow. A published article about this would also be useful

>> No.27671619
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27671619

>>27665347
thanks op

>> No.27671687
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27671687

>>27665347
>You again

based anon

>> No.27671738
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27671738

>> No.27671947

>>27667825
Even if Melvin already covered, Biden could step in, print some money and buy out all the poor wagies holding with their puny pathetic life savings. It's peanuts in the big picture. He'd be an international hero over night. This could be sold as an early stimulus check and it would have a positive ripple effect on many levels:
>he would gain more hard core voters
>he would be remembered in history books forever
>wagies would have money to spend on pumping the economy even more instead of fucking shit up
>everybody would instantly forget about any shady dealings between brokers and hedgies and normies would just move on as usual

Just an idea.

>> No.27672001

dubs and I put my entire life savings into the dip

>> No.27672168
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27672168

>>27671738
You are what you post cuck

>> No.27672185

>>27670634
The identity politics was created to keep people distracted from market manipulation. They’ve already played the anti-semitism card on WSB.

>> No.27672187

>>27672001
consider yourself very lucky

>> No.27672436
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27672436

>>27671947
If the squeeze happens, that is indeed the best move the government has to retain legitimacy and avoid some brokers, some clearing houses and potentially the DTCC financially collapsing.

The short hedgies that counterfeited the bulk of the shares will have to be made an example of too, but the rest of the system, where everyone was complicit in turning their heads the other way when dealing with the short hedgies as counterparties even though there was massive systemic risk and it was illegal will likely get away with small fines at most, if anything.

>> No.27672459

>>27671038
OWS?

>> No.27672476
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27672476

not selling

>> No.27672627

>>27672185
>The identity politics was created to keep people distracted from market manipulation
among other things

>> No.27672822

>>27671947
This is a good idea, we should push the idea of a Biden bail out for main street (us), this is a very popular angle now it would probably gain traction.

>> No.27672881
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27672881

I'm not selling because DOOD THE SQUEEZE or ITS ABOUT THE MESSAGE anymore, I just want my money back and all I want is for it to pump back to 150. I got stonks on AMC but that has actual long-term benefits so it doesn't really hurt to HODL

All this shit was painful because for once my ETH growth is astronomical but the gains are being pulled by my shitty stocks decisions

>> No.27673087

>>27665347
>implying the squeezening is yet to be squozed

>> No.27673806

I'm mostly scared to sell because these fucking shitcoins ALWAYS moons right after I do. You're not fooling me, GME. BAO already fucking 15x my money I don't care anymore.

>> No.27673990

>>27672881
>stonks
go back

>> No.27674414

and the worst part is that they will get away with it

>> No.27674463

>>27673806
>I'm mostly scared to sell because these fucking shitcoins ALWAYS moons right after I do
You should sell
Everyone else HODL.
Your sacrifice won't be forgotten anon

>> No.27674612

>>27670681
>unironically make the whole system crash.
You vill eat zee bugs

>> No.27674658

>>27674414
yup. people are already forgetting about it, the lack of outrage past social media is concerning

>> No.27674670

>>27673806
Sell

>> No.27674928

>>27674658
Why would anyone be outraged?
The only people who got fucked totally deserved it for being so fucking dumb.

>> No.27674968

>>27665347
So what are all of the potential scenarios we are facing right now when taking this into account?

>> No.27675084

>>27674928
nigga the market got halted 20 times in a day, and before i bought GME i had gains in PLTR. it mooned to 40 before they crashed the market because GME set its first ath. they played dirty, and this won't be the only stock where it happens again.

>> No.27675266

>>27674968
It will continue to decline both in terms of value as well as in public interest

>> No.27675392

>>27665347
Based Dr. Thrax

>> No.27675393

>>27675084
Anyone with a brain sold as soon as the Jewish tricks started, people who were greedy got rekt.

>> No.27675497

>>27669672
We are owned. Best thing we can do is fuck with our owners.

>> No.27675721
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27675721

>>27675393
>Anyone with a brain sold as soon as the Jewish tricks started, people who were greedy got rekt.
This

The (hebrew) writing was all over the wall for anyone to see

>> No.27675890
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27675890

>>27675721
>>27675393
oh i saw the jewish tricks, i just didn't want them to win

>> No.27676052

>>27675393
>Anyone with a brain sold as soon as the Jewish tricks started, people who were greedy got rekt.
>Implying the jewish trickery isn't the reason this is happening in the first place

>> No.27676163

reddit shoah'd the post. The fact is that the sec is going to go after the retail traders on fucking reddit and the hedge funds will cover for each other. I have never witnessed blatant kikery of this magnitude. They must really be confident that they are untouchable.

>> No.27676208

>>27665347
Anon, you are dangerously based. I dont want to discourage you, but just be mindful of what bad people do to others when money this big is at stake. I wish you the best. Godspeed.

>> No.27676282

>>27675890
it's all right anon, just say you didn't hope for them to win as the reason

I bought in at around $300 for a whole ass paycheck's worth, I am sitting and holding and this will either moon or I'll fucking have a painful reminder as to why I need to do DD and trust my intuition about kikery

>> No.27676382

Isn't there a fucking general already?

>> No.27677471

>>27671738
pay up hedgie

>> No.27677616

>>27677471
Hedgie gonna end up in the wagie cagie by the time this is over kek

>> No.27677782

>>27676163
Well maybe some brutally disillusioned redditor will suicide bomb Wall Street. That'd be a silver lining.