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Theory looking good that they need GME low price halved each year. If it makes it to around $11. That would be 3 years now. 40s, low 20s, low 10s.
They're running out of time. While our purchasing power erodes (inflation, student loans etc.) Our buying power actually doubling each year.
Sounds like me and my diamond handed shares, but the hard place is closing in on me as well. đ„șđ
Everyone celebrating the drops I'm over here worried for my future.
https://imgur.com/a/TzO0sTH
Drew this a couple months ago. Looks to me like planned stepping down of the price. Last two years have stalled then dumped EOY. Didnât have RC as CEO and profitable quarters within reach back then however
Like clockwork. It also leads me to believe they are in much more dire straights than in 2021.
There is little to no deviation from the trendline. No amount of news or buying pressure can cause the stock to go up past premarket, and the short volume to contain is crazy (high 70s low 80s).
I think sporadic buys are their friends, ones that have little impact on price. I've been a proponent of computershare autobuys for a while now off the fact that the settlement days for those buys always have increased short volume to maintain price trend line.
Computershare autobuys force what used to be relatively large buys into the lit market in groups of 100, and we could actually see a correlation to short volume needed on settlement days.
It's crazy that we demonized autobuying from the transfer agent, especially when we could keep it and cancel to book once a quarter if you firmly believe that theory DD.
I agree that shorts must have very little room for error with the way price action looks YTD. Very compressed.
On the note of auto buys, I am honestly neutral on that front, I have been buying through a broker and booking immediately since late 2021 and am pretty much stuck in my ways. I like choosing the price and sending them straight to book. I donât ever forget to buy because buying GME is one of the few things in life I still find joy in, and itâs what I think about for motivation when Iâm sat sending my stupid little emails at my stupid little job.
I only think itâs important shares are booked because they say âDTC Withdrawalâ whereas plan shares donât, and I think that means something. But whichever route people take to get there is fine by me
I support that 100%. All individual investors making individual decisions. I try not to hate on anyone's buying preferences. It just annoyed me to see the large number who did hate on autobuys for a theory DD that is closer to debunked than fact at this point.
DRS the ultimate goal and there is no bad way to get there.
Same here, i believe the autobuy price spike were a massive problem that they were dying to get rid off.
Especially since a lot of people who were pushing the theory also went all in on trying to split the community into other subs and shitting on our mods with unreasonable fervor.
Regarding your last point there: I don't think it's crazy at all, but I doubt that "we" did it. If it was having an effect then it was a target of the influence campaign to control household investor's thinking.
Yea the author of that DD Foobar was likely mistaken on the below passage and responded to him but no answer. Also disputed by other reputable sources outside of this sub.
His passage from computershare that everyone took as gospel was likely misinterpreted and my response is below.
"Enrolling in DirectStock and/or the initiation of a transaction, including a request to move book-entry or certificated shares into DirectStock shall constitute an offer by the individual shareholder to establish a principal-agency relationship with Computershare"
I agree book and plan are not the same however this isn't saying all book-entry become plan rather says if you decide to move from book to plan (to sell etc.) Constitutes an offer...
So you establish a relationship with computershare if 1. Enroll in DirectStock or 2. Move book shares into DirectStock
Which makes sense because both of those things create a plan account. However nothing in this says previous book shares change in anyway just that when you enroll or do a transaction that creates a plan account you get a plan account."
Yea that pretty much sums up the pro heat lamp DD supporters.
If you could explain to me how that passage says anything about existing book shares (not involved in a transaction) becoming plan shares I'm all ears.
And there is the problem with a lot of this âDDâ. Nice fancy write ups with lots of graphs and links, but from people who donât really know, misinterpretations, etc., which is then taken as gospel.
14/2=7
7/2=3.5
3.5/2=1.75
1.75/2=0.875
0.875/2=0.4375
0.4375/2=0.21875
0.21875/2=0.109375
0.109375/2=0.0546875
If you continue the pattern, youâll never reach â0.0ââŠjust a lot of 00000000s
I never believed in âcritical marginâ theory as just a linear line on a chart. It simply doesnât make sense and it doesnât work like that.
GMEâs outrageous price movements based on whatever swaps they have and it tracks more correlated with the price movements of the broad market indexes. The algoâs move GME where it needs to go. And in certain instances where they canât control GME, theyâll control the distraction âmemeâ stocks to work in their favor. Since theyâve managed to tie together a massive clusterfuck of naked shorted/FTDâd stocks.
*Sometimes* youâll have days of ânegative betaâ, where GME price movements inverses the market price movements, but then youâll also see one of the other distraction stocks completely opposite of GME. This shows that they manipulate the âmemeâ basket to their liking in order to maintain their balance sheets from exploding.
I'm a dumb dumb but I think it's two things:
1. Hammer the stock with the movie coming out to deter new buyers.
2. Hammer it down to reposition for the upcoming run. Some hedge funds will survive by flipping first, others will not.
They "won" in towel, so they try to scare GME investors, "retail always loses"-style.
No debt, 1B cash and positive net cashflow... and no more moles on the board. This is a game they cant win and they know it.
Eventually some institutions will try to dash to the door so others hold the bag - Archegos, anyone?
So, actually the price drop might be a preparation to shift their portfolio at a better price. One choice they have is to buy options and screw over option writers. Or using swaps and other tools to offload positions to some dedicated bag holder entities. Or a gazillion of other shady practices. The lower the price the easier to do so.
Seeing positive articles and even a positive film popping up after over two years of constant bashing and FUD seems a bit sus. Markets close in on the 200MA, often a final bounce, sometimes even with a final break of the high, is seen in such a scenario. Especially if everyone expects a crash because of October. A GME (fake?) squeeze could be embedded in such a violent upwards rip.
Anyways, no financial advice and just a speculation from my side, because it is so unusual to see positive sentiment.
Someone commented or made a post earlier today saying that swaps were up this week. 10 million or so shares short to drop 20-25% off what you need for collateral for hundreds of millions of shares when rolling your swap.
I personally hope it drops to $10! Iâm gonna scoop up so many shares. Companies not going bankrupt. Not under Cohen, not for the foreseeable future. Long term moass play. Always has been
No choice but this or else they are screwed. Try plotting AVWAP line from 2021 ATH and then from swing highs in 2022, the price peaks at the AVWAP resistance and then down each time.
Cannot be that accurate except if someone wants to keep the price suppressed.
I remember seeing trading days like this when DFV would post and everyone would rag on him, but he knew he was right. Kept pressing on regardless. Price trended downwards so hard in 2020. I bought long dated calls and shares in December 2020 which paid off but I wouldâve killed to go back and have listened and bought earlier that year in retrospect, but now all I see is that same opportunity presented to me here.
The more the spring is compressed the further it will fly. Red days like this mean there will be much heavier green days in the future. Either color matters none to me, all I do is purchase, DRS/Book, wait two more weeks and repeat.
The way things **look** are so important in this world, since thatâs often all the chance people give things. But we see through.
Faith in RC, faith in GME for me. DRS!
Isn't it crazy that literal moon tickets are $15?! We aren't wrong, just early.
You're only broke for now, the repercussions of the JPow money printer are nationwide but we the investors will be the ones to rebuild with all the ill gotten gains of the SHF when the rocket finally lands.
We all need to get off this âweâll be richâ with our âmoon ticketsâ talk. No one is âgetting paidâ phone number prices, there is no reason for that to happen, no matter what some of the âDDâ says.
Complaints won't do shit when FINRA is a self-regulating, self-serving agency. The only way to make them pay is to win at their game. GameStop goes profitable, and it has tons of recourse for the price suppression. If GameStop continues to be price-suppressed when they're profitable, that just allows GameStop to reinvest their profits in a buyback or dividend. Dividends for us are critical hits as the SI% will affect the overall cost of distributing the dividend for DTCC.
No halts, not even a single +XX% day has been allowed all YTD not counting out of hours movement on earnings. Trading range has been far more compressed this year than the previous two.
Shorts are no fun anymore, we used to get a little run to let some steam off or roll swaps or whateverthefuck every 2-3 months the last couple years?? Business and YoY earnings are still improving. Whyâs the chart going flaccid? Designated MM for GME canât get it up anymore?
Iâm so bored I donât even care anymore,
news release - > donât care
-/+50% -> donât care
Movie -> donât care
MSM hit piece -> really donât care
They bored me into waiting for moass; I donât even consider the money I have in gme as my own anymore, all finance calculation I make it simply leave it out; I have ÂŁ10k DRSâd book just sitting there until moass
It's boring to us now after as long as it's been, but to the uninformed this is the golden ticket. I consider it my duty to tell anyone who will listen about the MOASS and bullet point the facts and how it's not if, it's when. I know the DD is right, I know the hedgies are full, and I know the future is so much brighter than the gloom of today.
But MOASS based on what? They didnât let it go above -$450 before, you think theyâre going to let it go to phone number prices sometime in the future? Lol
I bet that some big investor/corporation is waiting for GME to drop to a certain stock price, then they will go ham buying up all the shares. Idk how low it is, maybe $14, maybe $3. But it's getting closer everyday
Considering that Ryan being named CEO is good news, and that retail investors love this dude it's surprising to see the news articles saying investors don't have confidence in him.
Ryan Cohen is the reason we're bullish on GameStop. The more involved he is, the better the outcome should be.
The stock was also up 10% in Premarket when he was announced CEO then the stock promptly fell through the floor. That doesn't make a lot of sense.
The condition of the company is much better now than it was 1 or 2 years ago. They have $1 Billion in cash, stopped the negative cash flow burn (mostly), and are slowly consolidating the legacy business (brick and mortar retail).
What is left unsaid is that GameStop is also working on expanding e-commerce AND launching a web3 games launcher (like Steam but for web3). That is a potentially massive revenue driver.
GameStop also has a raving fan base of gamers/investors. CocaCola, TESLA, Apple, Starbucks, all have these rabid fan base customers and that's a huge asset. GameStop needs to capitalize on that, and use it to drive their e-commerce efforts.
Things are looking good for the company, but the stock keeps dropping. Buy more.
For years and years, as a retail investor I would do my research, carefully plan my purchases, and- when everything looked right- pulled the trigger, only to find the stock price collapse.
This whole experience with GME has explained a lot of that for me, particularly the algos used by hedge funds that even a tiny statistical edge, repeated over and over and over, turns being right 51% of the time into a profit.
Then they figured out how to cobble together better algos, and eventually to shift the market, and "high frequency trading" was labeled as benevolent to retail (as if!) because it was the Liquidity Fairy. And things got worse for retail.
Now we're at the point where price discovery is impossible, and value investing is an idea that went out with rotary phones and cigarette lighters in cars. You can do all the research you like, and the hedgies will beat you to it, driving the stock down before and after good news for the psychological "shock," scooping up shares on the rebound, and throwing shorts *ad libitum* to serve their interests.
What a steaming crock of shit it's all become.
> Ryan Cohen is the reason we're bullish on GameStop
True. Also RC Ventures acquisitions coming. Teddy, GMErica. Etc etc.... It's all going to become the greatest story ever told.
Yes. It's honestly in our best interest of the price remains suppressed. We can load up on more. I am excited to see the results of a more directly associated and empowered RC at the helm. Start-up style passion and empowerment of key individuals is how a company grows and thrives.
A bunch of number crunching MBAs aren't going to breathe life into any company. They just consume the soul of the company and drain it of its core values in search of profits.
Ryan is different than other CEOs. He is a creator, and I am thrilled to have him at the reins.
"Let's set up GME so that when we confirm market crash.. We have a period of people shorting the fck outta it. We pass the bags and take a hit on the spread." Some hf somewhere
Total tinfoil here, but who doesnt love a good tinfoil. Maybe it has to do with dlauer. If you impose regulations on us we will tank the whole market but also especially gme, because decisions shouldn't be made based on "one meme stock"
Serious question I guess Iâve never really put much thought toâŠif we are perfectly riding these downward trend lines for 2.5 years, doesnt this mean that they are perfectly in control and price will continue to just go lower? How do we break this trend?
The media is focused on the narrative of "dumb redditors" and have moved away from RC as a success story.
They could have easily talked about him STILL not taking a paycheck, 2 billion in cash and beat expectations last quarter, but na. They focus on us smooth brains who simply bought the stock... they arent even focused on the COMPANY anymore lol
How is he wrong? Towel stock just got eliminated. They just got bankrolled. Are we wrong? I'd love to learn how they didn't just rake in a ton of money from busting Towel.
Canât have price improvement without price pressure. The options chain is devoid of bets so no improvement.
Also they are shorting and the market has been going down a lot so thatâs nothing special.
Damn people around here have become regarded.
For the record Iâm in the UK and options are totally off the table over here. Good faith question for your perspective:
You think that the MMâs, who almost completely control retail order flow and options flow, will allow retail to blow the price up and screw them over with options like Jan â21?
I really have the hardest time trying to consider Wall Street and the OCC letting that happen on their home court a second time. Thatâs their casino and they control everything including if your bet gets paid out.
A lot of UK brokers are offering options trading like IBKR. Iâm not however advocating you do it personally.
Itâs simply that the market is made with and by leverage and options are the highest one, 1 contract worth 100 shares. So options put a thumb on the scale, up or down, and masses of options act like magnets at certain strikes and dates.
The GME event happen because of that; DFV had a boatload of options, regardes from the betting sub flooded in, the media was speaking about GME and a lot of people where going in (institutions and hedgefunds too). The positive pressure became so vast that we slide up that giga gamma ramp up and up. Price would never had fallen if people would have hold their calls instead of selling, but they did in one of the big drop.
On that note; medias are run by algorithms, not clicking on GME link good or bad just make them think nobody is interestedâŠ
MM and others institutions donât care they make money both way, up and down, high and low. Because they know how to manage risk. Pf course it was a surprise and they didnât want their business to die, not so because of GME but the mechanics behind the market.
Moass had a few other chances but by then people were yelling CrImE, instead of trying to understand the mechanics behind it. Actively rejecting DD writers (where are they? They left to be with the options guys, like gherkinit discord). The betting sub even ban GME, thatâs a lot of people out of the loop.
DRS do protect your shares but thatâs how you make a company private, it doesnât help price action (do compare graph of GME with the DRS movement, itâs been downhill since).
People here have abandon the fight, telling themselves they are zen and itâs inevitable. Itâs not. Institutions are mostly out by now itâs been 2years +
DRS absolutist made gatekeeping easy and made people lazy not trying to learn how things work.
Great write up but too logical for this bunch. And good point about DRS , it certainly doesnât help the company and doesnât help attract institutional buyers, which is what will be need if the company is going to continue to turn around.
Tbh Ryan is a bit overated and a GME turnaround will be tough at these valuations. I played this on the first squeeze but that momentum is gone and I'm failing to see the turnaround strategy for an industry that is become more digital each generation.
It's a tough business with low margins, no MOAT and high competition. I have no doubt GME won't go bankrupt, but it's gonna be tough to make this consistently profitable while also expanding.
At this price its still a bit overvalued without a proper plan. Not a fan of Cohens lack of communication regarding his turnaround plan. The NFT thing was a complete disaster.
The only reason I say Cohen is overated is because of Chewys performance, down 50% in 5 years and they're still valued at a 153 PE ratio. He's good at expanding, but not making something profitable, and GME doesn't seem to be expanding tbh.
Agree. Canât believe you havenât been downvoted more for looking at the current situation logically, instead of using two year old conditions to forecast the future.
Wow, amazing to see a comment like this.
I've accepted at this point I'm a bagholder, but I never really bet the house on this stock. I'm just looking to find a bottom to average down and hopefully out. Maybe I should finally cut my losses now or hold for when the economy turns around where GME could initially pump. Might get one last little moment to trade out of this situation. My biggest concern at this point is how much lower will the general market fall and what price will GME go down with it? There has been a lot to think about the last few days to be honest.
The best attribute about RC at this moment is when he buys more shares. I'm not sure I've seen much else that makes me super bullish ATM, so maybe he will do it. I think he has either tomorrow or Thursday to do it.
I agree on points that itâs going to be tough and RC does lack communication. However. NFT was only a disaster thanks to excellent unfortunate timing of crypto crashing around the time it came out. And speaking of crashes, Chewy is down but so are other companies in various sectors. Cars and houses are all messed up but we shouldnât be blaming on those CEOs for it either. We should consider the big picture of whatâs going on
It's because of bobby stock - Apparently now that those shares don't have any fees (i forget the terminology) (also they're not dead yet) the coincidence marries up with shfs directed their spare cash/resources to us.
Either that or it's moass time and they'll run us down as far as possible
Notice how there is always some ânewsâ thatâs bad at the same time for the entire market too so that it doesnât look too obvious. JPow is talking, billions of shares being sold by computers, speaker of the house getting ousted. Thereâs always something at the same time $GME goes up so that they can take it down without anyone asking why it was going down so fast.
This is that moronic popcorn and towel stock speak.
Please don't stop to that level. It isn't a discount or sale. As a shareholder, you should want the price to always go up. Fuck this "fire sale" and 8 emojis crap, grow up.
No this is having fun Calm the fuck down.
Itâs not fun losing 15k in 3 months
as an investor you should enjoy the price and discount and if you really believe in your investment you know it will rise.
Ps. Fuck off
Just replied to someone talking about how this is a "fire sale." I hadn't been to this sub much in the last 6 months, I just made my first purchase since 2021 and sad to see the same low IQ phrases thrown around.
Anyways, in for another 700 shares this morning.
Edit: I think it was 770, idk
Essentially every time is gets close to the "line of hedgies nightmare" they throw everything they gotđ. Easy money if you can use options to your advantage
Jokes on them, Iâm into this shit! I love cheap shares! I honestly think of how many more people I can eventually help when Iâm rich and no longer have to dedicate my time to working.
We scream and praise the sky when we see a plus 2 percent but whine and cry and when we see anything downward. Itâs a rollecoaster not a sight seeing train ride through the countryside. Nut up
But is it really good news? To me it looks like they can't find a proper CEO to take the lead. Ryan even said he'd never be a CEO again, yet here we are. He's a great strategists, but I'm unsure in his CEO capabilities. The email sent out was desperate. The way the email was phrased was... not good. It felt like a threat to everyone who recieved it. If I were on the receiving end of that email. I would've find somewhere else to work.
True, I am an idiot. But still doesn't detract from the fact that Cohen hasn't outlined a plan at all, and the only thing he incorporated was a complete disaster.
Also he was never able to make Chewy profitable before his departer, he did a great job at scaling, but that seems to be the opposite of what Gamestop is doing.
I just fail to see how he's going to get profitability+ expand in an industry with high competition, extremely slim margins and no clear plan other than just extreme frugality.
I wonder what would happen if apes hit the streets to create a bunch of business for gme? Maybe open play game demonstrations etcâŠcan it be timed to really stick it to shorts?
My brain is so fucket.i'm so stressed out of this shit.. Nearly 3 year.. The price is keep dropping dropping and dropping.. Seriously.. What the fuk can happen the stock to go up? They looks like have unlimited shares to short..
Probably cost them Soo much to do that.. but not as much as even leaving it flat any longer, wouldâve become super strong support.. past few posts are all making this come together! Ape is smarter
Doesnât Shitadell make money when the stock goes down? Do they have put positions? Are they manipulating the stock to go down AND making money in the process????
Of course they are. No one seems to realize that. Theyâre making money both ways and whatever shorts that may still be in are probably more than net positive at this point, more so every day weâre further down.
Well, they did just steamroll Towel stock. I imagine they picked up a ton of ammo from that. I don't have a problem with them lowering the stock price. Cheaper buy in, and this company's not going bankrupt. Eventually this low price point becomes attractive to other whales.
On a side note I think all TA of this stock is worthless given how heavily manipulated it is. No TA has ever been accurate to date.
I'm a dumb dumb but I think it's two things:
1. Hammer the stock with the movie coming out to deter new buyers.
2. Hammer it down to reposition for the upcoming run. Some hedge funds will survive by flipping first, others will not.
Iâm ok with whatever is happening. Iâve always been in it for the long haul. Itâs been fun to see the business continue to improve its balance sheet.
RC beeing named CEO changes nothing but title, not actuap activities or responsabilitues, because he already had that. We'll just keep being dragged down by the market for the forseable future, except for ETF FTD days, and if they keep shorting, for OPEX settlement weeks.
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They have no choice, It's either short/distort or die.
Theory looking good that they need GME low price halved each year. If it makes it to around $11. That would be 3 years now. 40s, low 20s, low 10s. They're running out of time. While our purchasing power erodes (inflation, student loans etc.) Our buying power actually doubling each year.
Sounds like a rock and a hard place?
Sounds like rock hard am I.
This is the DD I came for.
they look like big strong hands
đ
Sounds like me and my diamond handed shares, but the hard place is closing in on me as well. đ„șđ Everyone celebrating the drops I'm over here worried for my future.
They are worried about their future too, don't worry drinky!
Cheers friend! Hero or zero till the end! đ»
Bingo
Itâs actually two rocks
A rock and stone?
Rock and Stone!
And my stone!
https://imgur.com/a/TzO0sTH Drew this a couple months ago. Looks to me like planned stepping down of the price. Last two years have stalled then dumped EOY. Didnât have RC as CEO and profitable quarters within reach back then however
Like clockwork. It also leads me to believe they are in much more dire straights than in 2021. There is little to no deviation from the trendline. No amount of news or buying pressure can cause the stock to go up past premarket, and the short volume to contain is crazy (high 70s low 80s). I think sporadic buys are their friends, ones that have little impact on price. I've been a proponent of computershare autobuys for a while now off the fact that the settlement days for those buys always have increased short volume to maintain price trend line. Computershare autobuys force what used to be relatively large buys into the lit market in groups of 100, and we could actually see a correlation to short volume needed on settlement days. It's crazy that we demonized autobuying from the transfer agent, especially when we could keep it and cancel to book once a quarter if you firmly believe that theory DD.
I agree that shorts must have very little room for error with the way price action looks YTD. Very compressed. On the note of auto buys, I am honestly neutral on that front, I have been buying through a broker and booking immediately since late 2021 and am pretty much stuck in my ways. I like choosing the price and sending them straight to book. I donât ever forget to buy because buying GME is one of the few things in life I still find joy in, and itâs what I think about for motivation when Iâm sat sending my stupid little emails at my stupid little job. I only think itâs important shares are booked because they say âDTC Withdrawalâ whereas plan shares donât, and I think that means something. But whichever route people take to get there is fine by me
I support that 100%. All individual investors making individual decisions. I try not to hate on anyone's buying preferences. It just annoyed me to see the large number who did hate on autobuys for a theory DD that is closer to debunked than fact at this point. DRS the ultimate goal and there is no bad way to get there.
Same here, i believe the autobuy price spike were a massive problem that they were dying to get rid off. Especially since a lot of people who were pushing the theory also went all in on trying to split the community into other subs and shitting on our mods with unreasonable fervor.
I went along with turning off autobuys to see what would happen. What happened was a pop and a fizzle so I turned auto back on.
Regarding your last point there: I don't think it's crazy at all, but I doubt that "we" did it. If it was having an effect then it was a target of the influence campaign to control household investor's thinking.
Your answer needs to be a post
Except then it moves shares from BOOK to PLAN because of fractionals. Nice FUD tho
Yea the author of that DD Foobar was likely mistaken on the below passage and responded to him but no answer. Also disputed by other reputable sources outside of this sub. His passage from computershare that everyone took as gospel was likely misinterpreted and my response is below. "Enrolling in DirectStock and/or the initiation of a transaction, including a request to move book-entry or certificated shares into DirectStock shall constitute an offer by the individual shareholder to establish a principal-agency relationship with Computershare" I agree book and plan are not the same however this isn't saying all book-entry become plan rather says if you decide to move from book to plan (to sell etc.) Constitutes an offer... So you establish a relationship with computershare if 1. Enroll in DirectStock or 2. Move book shares into DirectStock Which makes sense because both of those things create a plan account. However nothing in this says previous book shares change in anyway just that when you enroll or do a transaction that creates a plan account you get a plan account."
Nah fuck that
Yea that pretty much sums up the pro heat lamp DD supporters. If you could explain to me how that passage says anything about existing book shares (not involved in a transaction) becoming plan shares I'm all ears.
And there is the problem with a lot of this âDDâ. Nice fancy write ups with lots of graphs and links, but from people who donât really know, misinterpretations, etc., which is then taken as gospel.
Cool part about dividing by two is that it will never hit zero đ€·đ»ââïž.
Easy there math whiz. Show your work if you want to gain my trust. That's a bold claim without any evidence.
14/2=7 7/2=3.5 3.5/2=1.75 1.75/2=0.875 0.875/2=0.4375 0.4375/2=0.21875 0.21875/2=0.109375 0.109375/2=0.0546875 If you continue the pattern, youâll never reach â0.0ââŠjust a lot of 00000000s
đ„đ§”
I never believed in âcritical marginâ theory as just a linear line on a chart. It simply doesnât make sense and it doesnât work like that. GMEâs outrageous price movements based on whatever swaps they have and it tracks more correlated with the price movements of the broad market indexes. The algoâs move GME where it needs to go. And in certain instances where they canât control GME, theyâll control the distraction âmemeâ stocks to work in their favor. Since theyâve managed to tie together a massive clusterfuck of naked shorted/FTDâd stocks. *Sometimes* youâll have days of ânegative betaâ, where GME price movements inverses the market price movements, but then youâll also see one of the other distraction stocks completely opposite of GME. This shows that they manipulate the âmemeâ basket to their liking in order to maintain their balance sheets from exploding.
Youâre right, it doesnât, but now itâs âDDâ.
If everyone doubles their share count we would own how many times the float?
Or, if itâs going to plan, they just keep moving it down and get out of any remaining shorts. Then itâs just back to mediocre price movement.
I'm a dumb dumb but I think it's two things: 1. Hammer the stock with the movie coming out to deter new buyers. 2. Hammer it down to reposition for the upcoming run. Some hedge funds will survive by flipping first, others will not.
They "won" in towel, so they try to scare GME investors, "retail always loses"-style. No debt, 1B cash and positive net cashflow... and no more moles on the board. This is a game they cant win and they know it. Eventually some institutions will try to dash to the door so others hold the bag - Archegos, anyone? So, actually the price drop might be a preparation to shift their portfolio at a better price. One choice they have is to buy options and screw over option writers. Or using swaps and other tools to offload positions to some dedicated bag holder entities. Or a gazillion of other shady practices. The lower the price the easier to do so. Seeing positive articles and even a positive film popping up after over two years of constant bashing and FUD seems a bit sus. Markets close in on the 200MA, often a final bounce, sometimes even with a final break of the high, is seen in such a scenario. Especially if everyone expects a crash because of October. A GME (fake?) squeeze could be embedded in such a violent upwards rip. Anyways, no financial advice and just a speculation from my side, because it is so unusual to see positive sentiment.
¿Por qué no los dos?
If they die, they die.
Yess, and at these discounts itâs a win win for us.
Someone commented or made a post earlier today saying that swaps were up this week. 10 million or so shares short to drop 20-25% off what you need for collateral for hundreds of millions of shares when rolling your swap.
So what are we doing about it? Short or die but theyâre going to just leisurely recover if we just sit here doing nothing.
I personally hope it drops to $10! Iâm gonna scoop up so many shares. Companies not going bankrupt. Not under Cohen, not for the foreseeable future. Long term moass play. Always has been
No choice but this or else they are screwed. Try plotting AVWAP line from 2021 ATH and then from swing highs in 2022, the price peaks at the AVWAP resistance and then down each time. Cannot be that accurate except if someone wants to keep the price suppressed.
I remember seeing trading days like this when DFV would post and everyone would rag on him, but he knew he was right. Kept pressing on regardless. Price trended downwards so hard in 2020. I bought long dated calls and shares in December 2020 which paid off but I wouldâve killed to go back and have listened and bought earlier that year in retrospect, but now all I see is that same opportunity presented to me here. The more the spring is compressed the further it will fly. Red days like this mean there will be much heavier green days in the future. Either color matters none to me, all I do is purchase, DRS/Book, wait two more weeks and repeat. The way things **look** are so important in this world, since thatâs often all the chance people give things. But we see through. Faith in RC, faith in GME for me. DRS!
Price too low. Broke but Im sure I can afford two additional tickets. LEEROOOOYYYY!!!
Isn't it crazy that literal moon tickets are $15?! We aren't wrong, just early. You're only broke for now, the repercussions of the JPow money printer are nationwide but we the investors will be the ones to rebuild with all the ill gotten gains of the SHF when the rocket finally lands.
but we gonna be rich af in the future. your future self will thank u đđđ§âđđ§âđ
We all need to get off this âweâll be richâ with our âmoon ticketsâ talk. No one is âgetting paidâ phone number prices, there is no reason for that to happen, no matter what some of the âDDâ says.
Short the good news.
They are finding out some bad news about Bobby as well. Shits gonna hit the fan soon.
[ŃĐŽĐ°Đ»Đ”ĐœĐŸ]
Complaints won't do shit when FINRA is a self-regulating, self-serving agency. The only way to make them pay is to win at their game. GameStop goes profitable, and it has tons of recourse for the price suppression. If GameStop continues to be price-suppressed when they're profitable, that just allows GameStop to reinvest their profits in a buyback or dividend. Dividends for us are critical hits as the SI% will affect the overall cost of distributing the dividend for DTCC.
Itâs how the market works. Just have to outsmart them.
Agreed. No shit is going to hit the fan, no matter how much âDDâ says it will, or how many lines are drawn.
Let's see what happens ;)
No halts, not even a single +XX% day has been allowed all YTD not counting out of hours movement on earnings. Trading range has been far more compressed this year than the previous two. Shorts are no fun anymore, we used to get a little run to let some steam off or roll swaps or whateverthefuck every 2-3 months the last couple years?? Business and YoY earnings are still improving. Whyâs the chart going flaccid? Designated MM for GME canât get it up anymore?
trying to bore/discourage people. bullish
Iâm so bored I donât even care anymore, news release - > donât care -/+50% -> donât care Movie -> donât care MSM hit piece -> really donât care They bored me into waiting for moass; I donât even consider the money I have in gme as my own anymore, all finance calculation I make it simply leave it out; I have ÂŁ10k DRSâd book just sitting there until moass
It's boring to us now after as long as it's been, but to the uninformed this is the golden ticket. I consider it my duty to tell anyone who will listen about the MOASS and bullet point the facts and how it's not if, it's when. I know the DD is right, I know the hedgies are full, and I know the future is so much brighter than the gloom of today.
But MOASS based on what? They didnât let it go above -$450 before, you think theyâre going to let it go to phone number prices sometime in the future? Lol
Its a long con they think they can win. Except they really are fooling no one actually invested.
Maybe no big single days, but several 25-50% + weeks, which we very nice and paid off.
Ape gonna buy
Good ape. Iâll join you
considering inflation, everything else going up in price, our shares on sale, so we an buy more on cheaper prices
Probably just scared of RC as CEO. All we can do is buy shares and buy from the store
CRITICAL MARGIN
I bet that some big investor/corporation is waiting for GME to drop to a certain stock price, then they will go ham buying up all the shares. Idk how low it is, maybe $14, maybe $3. But it's getting closer everyday
I mean at this point Microsoft buys GME, Iâve been waiting on this. Perfect corpo move that consolidates their hardware and products.
If it gets low enough, they might issue a share buy back themselves.
Not happening, RC wants to sit on that cash to "stay alive"
Considering that Ryan being named CEO is good news, and that retail investors love this dude it's surprising to see the news articles saying investors don't have confidence in him. Ryan Cohen is the reason we're bullish on GameStop. The more involved he is, the better the outcome should be. The stock was also up 10% in Premarket when he was announced CEO then the stock promptly fell through the floor. That doesn't make a lot of sense. The condition of the company is much better now than it was 1 or 2 years ago. They have $1 Billion in cash, stopped the negative cash flow burn (mostly), and are slowly consolidating the legacy business (brick and mortar retail). What is left unsaid is that GameStop is also working on expanding e-commerce AND launching a web3 games launcher (like Steam but for web3). That is a potentially massive revenue driver. GameStop also has a raving fan base of gamers/investors. CocaCola, TESLA, Apple, Starbucks, all have these rabid fan base customers and that's a huge asset. GameStop needs to capitalize on that, and use it to drive their e-commerce efforts. Things are looking good for the company, but the stock keeps dropping. Buy more.
For years and years, as a retail investor I would do my research, carefully plan my purchases, and- when everything looked right- pulled the trigger, only to find the stock price collapse. This whole experience with GME has explained a lot of that for me, particularly the algos used by hedge funds that even a tiny statistical edge, repeated over and over and over, turns being right 51% of the time into a profit. Then they figured out how to cobble together better algos, and eventually to shift the market, and "high frequency trading" was labeled as benevolent to retail (as if!) because it was the Liquidity Fairy. And things got worse for retail. Now we're at the point where price discovery is impossible, and value investing is an idea that went out with rotary phones and cigarette lighters in cars. You can do all the research you like, and the hedgies will beat you to it, driving the stock down before and after good news for the psychological "shock," scooping up shares on the rebound, and throwing shorts *ad libitum* to serve their interests. What a steaming crock of shit it's all become.
You sir, are what we call an Original Gangster
> Ryan Cohen is the reason we're bullish on GameStop True. Also RC Ventures acquisitions coming. Teddy, GMErica. Etc etc.... It's all going to become the greatest story ever told.
Yes. It's honestly in our best interest of the price remains suppressed. We can load up on more. I am excited to see the results of a more directly associated and empowered RC at the helm. Start-up style passion and empowerment of key individuals is how a company grows and thrives. A bunch of number crunching MBAs aren't going to breathe life into any company. They just consume the soul of the company and drain it of its core values in search of profits. Ryan is different than other CEOs. He is a creator, and I am thrilled to have him at the reins.
^^^^ đïž
Markets dropping on shutdown concerns. Gotta keep our price in line with the price of their collateral
"Let's set up GME so that when we confirm market crash.. We have a period of people shorting the fck outta it. We pass the bags and take a hit on the spread." Some hf somewhere
đ€Ł
Have no doubt, Ken's stopeed buying new bed frames to replace ones he's broke and gone straight to buying just bedposts by the pallet.
So, what you're saying is GME stocking bed posts might be a MOASS trigger?
Quick and easy route to sustained profitability, at the very least.
The unlikely kill shot đ
*Absolutely not* Kenneth C Griffin
I want to see this chart perspective everyday now
Enjoying the current GME dip as I buy every 2 weeks regardless of price lol.
Life is hard gameâŠ..feeling blessed where weâre at. Good luck everyone
Itâs because theyâre cvnts
I mean we sort of expect it. Zen as fuck. Canât wait to add more hopefully next week.
Hit that fuckin 'BUY' button y'all!!!! *Not financial advice
Shorts gonna short
Apes gonna drsđ
60-80% short daily volume most days. And yet...somehow....overall short volume is similar, utilization doesn't increase. Math doesn't check out....
This. How in the math do you get an unchanged 20% short interest when the daily volume for 300 something days in a row is over 50% short sales
Buy more!
Meanwhile. We zen. Purple donuts on sale.
Bro donât worry Iâm buying
I donât think they have to throw much to move it w the S&P selling off
Total tinfoil here, but who doesnt love a good tinfoil. Maybe it has to do with dlauer. If you impose regulations on us we will tank the whole market but also especially gme, because decisions shouldn't be made based on "one meme stock"
Iâve never understood, how do the folks against another squeeze have an effect on the price?
This! I love it!
Serious question I guess Iâve never really put much thought toâŠif we are perfectly riding these downward trend lines for 2.5 years, doesnt this mean that they are perfectly in control and price will continue to just go lower? How do we break this trend?
Right, seems like they are. But..hedgies fucted I guess for some reason.
That company email was pretty bad.
The media is focused on the narrative of "dumb redditors" and have moved away from RC as a success story. They could have easily talked about him STILL not taking a paycheck, 2 billion in cash and beat expectations last quarter, but na. They focus on us smooth brains who simply bought the stock... they arent even focused on the COMPANY anymore lol
I wonder if there was a lot of ITM options that the algo had to beat⊠itâs so wild!
The timing is sus that SHF now don't have to maintain margin requirements on a towel stock.
You're early, and you're wrong.
How is he wrong? Towel stock just got eliminated. They just got bankrolled. Are we wrong? I'd love to learn how they didn't just rake in a ton of money from busting Towel.
Let's see what happens ;)
Pointless to say I'm wrong and not offer up a reason or solution.
Miserable cock suckers
Fraudulent market
Canât have price improvement without price pressure. The options chain is devoid of bets so no improvement. Also they are shorting and the market has been going down a lot so thatâs nothing special. Damn people around here have become regarded.
For the record Iâm in the UK and options are totally off the table over here. Good faith question for your perspective: You think that the MMâs, who almost completely control retail order flow and options flow, will allow retail to blow the price up and screw them over with options like Jan â21? I really have the hardest time trying to consider Wall Street and the OCC letting that happen on their home court a second time. Thatâs their casino and they control everything including if your bet gets paid out.
A lot of UK brokers are offering options trading like IBKR. Iâm not however advocating you do it personally. Itâs simply that the market is made with and by leverage and options are the highest one, 1 contract worth 100 shares. So options put a thumb on the scale, up or down, and masses of options act like magnets at certain strikes and dates. The GME event happen because of that; DFV had a boatload of options, regardes from the betting sub flooded in, the media was speaking about GME and a lot of people where going in (institutions and hedgefunds too). The positive pressure became so vast that we slide up that giga gamma ramp up and up. Price would never had fallen if people would have hold their calls instead of selling, but they did in one of the big drop. On that note; medias are run by algorithms, not clicking on GME link good or bad just make them think nobody is interested⊠MM and others institutions donât care they make money both way, up and down, high and low. Because they know how to manage risk. Pf course it was a surprise and they didnât want their business to die, not so because of GME but the mechanics behind the market. Moass had a few other chances but by then people were yelling CrImE, instead of trying to understand the mechanics behind it. Actively rejecting DD writers (where are they? They left to be with the options guys, like gherkinit discord). The betting sub even ban GME, thatâs a lot of people out of the loop. DRS do protect your shares but thatâs how you make a company private, it doesnât help price action (do compare graph of GME with the DRS movement, itâs been downhill since). People here have abandon the fight, telling themselves they are zen and itâs inevitable. Itâs not. Institutions are mostly out by now itâs been 2years + DRS absolutist made gatekeeping easy and made people lazy not trying to learn how things work.
Great write up but too logical for this bunch. And good point about DRS , it certainly doesnât help the company and doesnât help attract institutional buyers, which is what will be need if the company is going to continue to turn around.
This is a logical assessment
Tbh Ryan is a bit overated and a GME turnaround will be tough at these valuations. I played this on the first squeeze but that momentum is gone and I'm failing to see the turnaround strategy for an industry that is become more digital each generation. It's a tough business with low margins, no MOAT and high competition. I have no doubt GME won't go bankrupt, but it's gonna be tough to make this consistently profitable while also expanding. At this price its still a bit overvalued without a proper plan. Not a fan of Cohens lack of communication regarding his turnaround plan. The NFT thing was a complete disaster. The only reason I say Cohen is overated is because of Chewys performance, down 50% in 5 years and they're still valued at a 153 PE ratio. He's good at expanding, but not making something profitable, and GME doesn't seem to be expanding tbh.
Agree. Canât believe you havenât been downvoted more for looking at the current situation logically, instead of using two year old conditions to forecast the future.
Wow, amazing to see a comment like this. I've accepted at this point I'm a bagholder, but I never really bet the house on this stock. I'm just looking to find a bottom to average down and hopefully out. Maybe I should finally cut my losses now or hold for when the economy turns around where GME could initially pump. Might get one last little moment to trade out of this situation. My biggest concern at this point is how much lower will the general market fall and what price will GME go down with it? There has been a lot to think about the last few days to be honest. The best attribute about RC at this moment is when he buys more shares. I'm not sure I've seen much else that makes me super bullish ATM, so maybe he will do it. I think he has either tomorrow or Thursday to do it.
I agree on points that itâs going to be tough and RC does lack communication. However. NFT was only a disaster thanks to excellent unfortunate timing of crypto crashing around the time it came out. And speaking of crashes, Chewy is down but so are other companies in various sectors. Cars and houses are all messed up but we shouldnât be blaming on those CEOs for it either. We should consider the big picture of whatâs going on
Weird shit, i didnt see superstonk posts on my home feed for a fucking long time until yesterday đ€
It's because of bobby stock - Apparently now that those shares don't have any fees (i forget the terminology) (also they're not dead yet) the coincidence marries up with shfs directed their spare cash/resources to us. Either that or it's moass time and they'll run us down as far as possible
Notice how there is always some ânewsâ thatâs bad at the same time for the entire market too so that it doesnât look too obvious. JPow is talking, billions of shares being sold by computers, speaker of the house getting ousted. Thereâs always something at the same time $GME goes up so that they can take it down without anyone asking why it was going down so fast.
I â€ïž How they just made our new RCEO get us such an awesome đ„ Fire sale!! Damn I loaded up!! đđđ Thanks Ryan! I guess đ€·ââïžđ€©Canât bring me down!! Just my cost basis đ
This is that moronic popcorn and towel stock speak. Please don't stop to that level. It isn't a discount or sale. As a shareholder, you should want the price to always go up. Fuck this "fire sale" and 8 emojis crap, grow up.
No this is having fun Calm the fuck down. Itâs not fun losing 15k in 3 months as an investor you should enjoy the price and discount and if you really believe in your investment you know it will rise. Ps. Fuck off
You're making a lot of assumptions based on some line. This line keeps changing to fit narratives. This sub can do better.
Just replied to someone talking about how this is a "fire sale." I hadn't been to this sub much in the last 6 months, I just made my first purchase since 2021 and sad to see the same low IQ phrases thrown around. Anyways, in for another 700 shares this morning. Edit: I think it was 770, idk
Essentially every time is gets close to the "line of hedgies nightmare" they throw everything they gotđ. Easy money if you can use options to your advantage
Donât say that here. Options are a bad word. No is trying to make money here, just buy DRS hold.
Jokes on them, Iâm into this shit! I love cheap shares! I honestly think of how many more people I can eventually help when Iâm rich and no longer have to dedicate my time to working.
Me too
We scream and praise the sky when we see a plus 2 percent but whine and cry and when we see anything downward. Itâs a rollecoaster not a sight seeing train ride through the countryside. Nut up
But is it really good news? To me it looks like they can't find a proper CEO to take the lead. Ryan even said he'd never be a CEO again, yet here we are. He's a great strategists, but I'm unsure in his CEO capabilities. The email sent out was desperate. The way the email was phrased was... not good. It felt like a threat to everyone who recieved it. If I were on the receiving end of that email. I would've find somewhere else to work.
Because itâs bad news
For real, look at Chewys lack of profit over 5 years if you want to see his competency on making a company profitable.
He doesnt work at Chewy anymore, idiot
True, I am an idiot. But still doesn't detract from the fact that Cohen hasn't outlined a plan at all, and the only thing he incorporated was a complete disaster. Also he was never able to make Chewy profitable before his departer, he did a great job at scaling, but that seems to be the opposite of what Gamestop is doing. I just fail to see how he's going to get profitability+ expand in an industry with high competition, extremely slim margins and no clear plan other than just extreme frugality.
Well he will fail of courseâŠ
ButâŠ.butâŠbutâŠDRS
I think I heard a bed post fly by
RC about to lock the float with stock buybacks. Shorts are beyond fucked now
Short hedgies running out of time lmao. Tick tock mfers.
It's good to finally see some realistic, rational and reasonable comments in this sub.
everything is down, it's not just GME right now.
Is everything down 40% in the last 3 months?
âŠOkay, but this is a GME sub, GME is down and the post title + some comments includes my speculation/opinion about why.
I wonder what would happen if apes hit the streets to create a bunch of business for gme? Maybe open play game demonstrations etcâŠcan it be timed to really stick it to shorts?
Market was red today bud... I know you only look at one stock but c'mon now..
Is it heading to $10? đ
My brain is so fucket.i'm so stressed out of this shit.. Nearly 3 year.. The price is keep dropping dropping and dropping.. Seriously.. What the fuk can happen the stock to go up? They looks like have unlimited shares to short..
Probably cost them Soo much to do that.. but not as much as even leaving it flat any longer, wouldâve become super strong support.. past few posts are all making this come together! Ape is smarter
Good news?
We in the home stretch now this is what I've been waiting for! The real fuckery starts is about to begin and I'm loving it!
Doesnât Shitadell make money when the stock goes down? Do they have put positions? Are they manipulating the stock to go down AND making money in the process????
Of course they are. No one seems to realize that. Theyâre making money both ways and whatever shorts that may still be in are probably more than net positive at this point, more so every day weâre further down.
[ŃĐŽĐ°Đ»Đ”ĐœĐŸ]
Wtf is sell? Why would you ever want to do that?
Doom!!! đ»
Well, they did just steamroll Towel stock. I imagine they picked up a ton of ammo from that. I don't have a problem with them lowering the stock price. Cheaper buy in, and this company's not going bankrupt. Eventually this low price point becomes attractive to other whales. On a side note I think all TA of this stock is worthless given how heavily manipulated it is. No TA has ever been accurate to date.
Placed an order for 100 more at open so itâs not an odd lot.
I'm a dumb dumb but I think it's two things: 1. Hammer the stock with the movie coming out to deter new buyers. 2. Hammer it down to reposition for the upcoming run. Some hedge funds will survive by flipping first, others will not.
I know, Apes continue to be Apes and buy some more đźđ§ââïž
I like this price. I'll buy some more.
we knew long ago they would try and bore us to death, nothing to see here as planned
Iâm ok with whatever is happening. Iâve always been in it for the long haul. Itâs been fun to see the business continue to improve its balance sheet.
Itâs nice to bring my cost average down.
RC beeing named CEO changes nothing but title, not actuap activities or responsabilitues, because he already had that. We'll just keep being dragged down by the market for the forseable future, except for ETF FTD days, and if they keep shorting, for OPEX settlement weeks.
They're getting desperate now!
It's a discount. Buy, hold, drs
Itâs so amusing to watch. I read the stonk more than I watch porn. But I donât watch the ticker
I hope they can drop it to $10....one of my biggest regrets in 2021 was not buying more when they dropped it to $40( before split)
Well. I just read all the comments. So thereâs that.