/biz/ - Business & Finance

[Anonymous No.58472017]

>gme
>305 million shares outstanding
>187 million traded yesterday
>196 million traded today
>T+2 regime; individual shares aren't supposed be able to trade for 2 days after a trade to allow for settlement
Also aren't like 100 million wrapped up in DRS and funds that can't just sell on a whim? What is going on?

[Anonymous No.58472032]

>>58472017
>Also aren't like 100 million wrapped up in DRS and funds that can't just sell on a whim?
It's 76 million shares that are DRS'd, which is 25% of all shares outstanding.
>What is going on?
Kikery. Simple as.

[Anonymous No.58472495]

>>58472017
Yeah it makes no sense, and is fully illegal. For anyone who isn’t regarded they know this isn’t retail trading. Normies though think it’s because Keith Gill tweeted lmfao.

[Anonymous No.58472540]

>>58472495
>regarded
kill yourself reddit faggot

[Anonymous No.58472562]

kek hedgies

[Anonymous No.58472601]

yes we've been saying this for three years. now watch the fireworks

[Anonymous No.58472628]

>>58472017
>day trading is illegal
>I know enough about the market to put my money in it

[Anonymous No.58472701]

>>58472017
It's over

For the shorts

[Anonymous No.58472879]

>>58472628
What.

[Anonymous No.58472943]

They cant do shit against is lmao
mathematically impossible

[Anonymous No.58472963]

>>58472540
Kill yourself faggot shill

[Anonymous No.58473137]

>>58472017
So if you own the float over nine thousand times (9000), why can't you apes even drs the float one (1) time?

[Anonymous No.58473254]

>>58473137
i kek at this comment every single time
it's funny because it's true

[Anonymous No.58473343]

>>58472017
i bought some

[Anonymous No.58473415]

>>58472963
>58472540
At least say it right and say "retardio" like the real biz kings

[Anonymous No.58474151]

>>58473137
Oh boy, that's a Buck the Bunny hole to go down... Look up theories about why the DRS count hasn't deviated more than a million or so in more than a year.

[Anonymous No.58475033]

>>58472879
The T+2 for settlement is for funds, not the shares exchanged for funds. You can trade quicker than two business days with the same stocks provided you (or your broker) has cash that’s settled instead. You’re confusing cash settlement with fungible stocks and extrapolating all this was a misunderstanding.
>>58472495
There isn’t anything illegal about a share trading more than once, not anything special about any one specific share.

[Anonymous No.58475400]

>>58475033
Oh, man, where to start... First, if you're day-trading, you need a margin account, not a cash account. Second, settlement involves funds AND shares (obviously). On T, sold shares are earmarked and cash for purchases is held. T+2, they get delivered. MMs are SUPPOSED to only sell short if they have a reasonable expectation of locating a share to earmark (this is a legal way to naked short), but there should be no such expectation if every share that exists is already earmarked to be delivered. Day-traders can't pass the same share back and forth; it's a different, non-fungible share of the same stock each time. The whole point of settlement is to allow time to verify and move each half of the transaction before another can take place. Imagine a share changing hands 100 times in a day, except time 5 and 27 and 63 the buyer didn't have funds. Who owns the share?

[Anonymous No.58475414]

KEK BAGGIES KEK BAGGIES KEK BAGGIES

[Anonymous No.58475630]

>>58472017
They just keep halting trading. They halted it like 38 times yesterday. Aren't they just halting whenever it goes up so they can sell and force the price to drop so then they can just buy at the lower and resume trading so it goes up?

[Anonymous No.58475657]

>>58472017
>Roaringkitty mentions 4chan
Fuck roaringkitty might be here. Act cool.

[HondaCivic-san !ga3IoGE3CY No.58475680]

>>58475657
Maybe roaring kitty was niggerfaggot all along? If i'm right give me a shoutout you cuck

[Anonymous No.58475686]

Kek baggies

[Anonymous No.58475823]

>>58472017
I just lost all my money on GME and my grandma just called me a fucking nigger

[Anonymous No.58475856]

-31%
I'm ruined

[Anonymous No.58475867]

>>58472495
Legal and wall street are oxymorons

[Anonymous No.58476006]

>>58472017
its a scam obviously

but its one that is backed by the full institutional weight of the illuminati and GMEbaggies wont do shit when they get blatanly defrauded again.

[Anonymous No.58476045]

Do y'all just get paid per post or something? This isn't even he general.

[Anonymous No.58476775]

>>58472562
Hold up what anime is this gif from??

[Anonymous No.58476791]

>stock limply floating at 35-36 dollars for 4 hours now

Can this shit die already, I have some puts I want to cash out on

[Anonymous No.58476809]

normies are unironically cheering for blackrock, jane street and rentech bags and think they're "sticking it to the man" or "btfoing hedgies"

kill every fucking retarded 105-IQ sheep normgroid nigger that falls for pop activism ON SIGHT

[Anonymous No.58477239]

>>58476775
Paprika, movie by Satoshi Kon

[Anonymous No.58478021]

After hours lookin soft

[Anonymous No.58478044]

>>58478021
>vol: 11k

nevermind lol

[Anonymous No.58478081]

>>58476809
Well, if I end up on BlackRock's side of the Great Reset, I'll smuggle some actual non-cockroach burgers for you guys in the pods.

[Anonymous No.58478146]

>>58476809
blackrock cant just unload shares at fair market value. someone has gotta buy their pumped bags. nothin wrong with that

[Anonymous No.58479057]

>>58472540
Blow your brains out kike

[Anonymous No.58479179]

>>58478081

How will we know its you?

[Anonymous No.58479263]

>>58472017
>305 million shares outstanding
>187 million traded yesterday
>196 million traded today
did you personally verify this ledger execution on your local machine?
no?
your node does not perform a mathematical check on the trading ledger using time stamped signatures?

then looks like you are trusting some black box to perform these operations
therefore, the numbers are whatever they want it to be

anyone who thinks "the law" will stop fraudulent execution is a total and utter moron and deserves to lose money

[Anonymous No.58479266]

>>58474151
>Look up theories about why the DRS count hasn't deviated
no theory needed
your centralized system can report whatever it wants, with impunity

gg no re

[Anonymous No.58479272]

>>58479179
she'll have nice tits and an adams apple

[Anonymous No.58479273]

>>58475657
FUUUUUUUUUUUUUUUUUUUUUCKKK THIS EXPLAINS ALL THE REDDITORS
FFFUUUUUUCCCKKKKKKKKKKKKKKKK
WE JUST GOT OUR BOARD BACK!

[Anonymous No.58479277]

>gme schizos get blessed by god and have the chance to dump their bags after three years
>They double down on a dead retail chain
Why is this so hilarious to me?

[Anonymous No.58479283]

I wonder if Ryan Cohen has thought about doing literally anything with that video game retailer he bought a few years ago?

[Anonymous No.58479288]

>>58472017
did you know you can buy and sell shares more than once per day? shocking i know!
>the absolute state

[Anonymous No.58479356]

>>58476809
Blackrock and Vanguard lend out 100% of their shares to short sellers.

[Anonymous No.58479419]

>>58479277
literally greener than you faggot lol

[Anonymous No.58479424]

>>58476809
Whatttttt Institutions buy, trade, hold and sell shares!? On a stock market!? No fucking wayyyyyy Jimbo!!! You forget Blackrock literally holds a top 5 share of every bluechip. Now suck me the fuck off, cunt.

[Anonymous No.58479492]

>>58472017
dont u have anything better to do :/

[Anonymous No.58479545]

>>58479277
I dumped my 2021 bags
It's like god gave me a chance to redeem my stupidity kek

[Anonymous No.58480770]

>>58479179
The burgers he brings won't be made of cockroaches.

[Anonymous No.58480773]

>>58479492
In Biden's economy? Lol

[Anonymous No.58480836]

>>58472017
>xxx million shares amazing
I don't get it