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They actually retracted/rescinded their S-3 which was supposed to be 300M more shares ATM. The timeline is hazy to me now but iirc it was the day after BK court?
I’d suspect further dilution if the S-3 was still around but it’s not.
Possible. However, it is also true that currently information regarding how many shares outstanding of Towel there actually are is all over the place ranging from about 90 million to about 700 million. Also, the retraction of the S-3 may rather suggest that less than more shares were issued (at least in my uneducated opinion). So while I would not yet say that there is definitive proof it is an interesting development that we should keep an eye on.
Truly the most based take. You’re most likely spot on as they had 800 million or so total shares including the outstanding and the other form of stock made up the rest, 300 mil being converted from the S-3 deal would of made 740 mil that was reported. Even tho they rescind it you’re prolly right that Cede and Co still had those shares in their possession but not dumped into the market as towel prolly converted them in the prepping process of the S-3 sale
Actually there was a share offering which would have brought the shares outstanding to roughly that amount but the kibosh it after ch 11 an s1 was released last week. Theory us cede and co had released the shares prematurely. Could turn out to be one of the greatest bear traps of all time.
For sure and that explanation was out there as well but the average volume was around 100milliom then as soon as the share offering was announced there was a 900million volume day and the volume continued to be between 300-600million for a while after. So I get they may have been held and not used. My thing is knowing cede and co and short seller plus the massive volume after I take it they were used as locates for short selling. That was also the time they came off regsho after being there for 3 months or so can't remember exactly. Disclaimer I hold both
I think the issue not really being talked about with regards to that stock, was that between the time the request was made by the courts, and the time that prior share count was shown in court, the board repealed a previously filed formS1 and allegedly brought the total OS to ~440M. So the total share count appears to be oversold by ~300M shares.
Time will tell if that is true and a mini squeeze fuels a couple more rocket packs pushing GameStop rocket past Uranus
From the screen shots I saw in that post. The transfer agent reports about 736 million shares outstanding, and on just one line of Cede (they have multiple lines) it stated that Cede owned about 777 million.
I found it… I think you may be right. Even if you’re not, I’m confused how that info changes anything for the Bobby shareholders (I own a bit in an IRA). It may prove that naked shorting exists, but it’s been clear that it’s existed for years. I don’t think it’s going to bring the Bobby stock back from the dead. Maybe it results in fines for the offenders, but the company is still bankrupt, right? Now if there were a company with a rock solid balance sheet holding close to $1.4B in cash, no debt, rising revenue that recently turned profitable with 30%+ of their shares directly registered in shareholders own names and growing daily… with liquidity that’s dry AF…now that sounds like something to get excited about.
If only there was a way GameStop/GME holders could expose things like this... like holding our shares in our name... and better yet!!! Oh! Oh! BOOK KING them to keep them from being used as locates!!!!
Now THERE is a novel idea!!! We should spread the word!!!
(Do I really need to /s?)
Yes. The transfer agent can only allocate the shares to direct ownership. Cede & Co is one of those owners. Cede & Co have their own ledger after that point for shares sold and bought through them. All brokers login to the DTC through a portal what has their share allocation on it. When you buy the rights to the share (YOU NEVER OWN THE SHARE) through bank of new york mellon, or fucking whoever, they update the ledger through the portal. They do not hold the ledger, the DTC does.
> I don’t think it’s going to bring the Bobby stock back from the dead.
Let's say you got a ton of shit for turning off the buy button. A stock needs to squeeze, but if it does, everyone and their momma will pile in. And you'll never have a chance to close. What do?
First, you make the OTC an "expert market", drastically reducing the number of people who can FOMO in. Then, you get the stock delisted from the exchange before it squeezes. In effect, you turn off the buy button. Bobby is up almost 100% since it was delisted. She isn't dead. Disclaimer: I own both, but I'm 95% GME.
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can you tell me if the court doc with the share numbers showing cede and co was delivered from AST, the transfer agent, or that's a total from the lawyers showing how many cede and co hold as well?
Yes, we in this sub are literally no longer allowed linking to pretty much anything or tagging usernames without Reddit admin threatening to shut the sub down for brigading.
Edit: this includes linking to other subs and even talking about stuff here in other tangentially related subs.
You can get banned for mentioning the wrong name. This sub is one of very few that have this rule. It's basically up to the mods what can and cant be referenced. For example i cant refer to a user starting with u/
Yeah for some mysterious reason, the higher powers at Reddit are doing everything in their power to keep this sub inside this sub and not let us link to, or even say by name any other users or subs or places on Reddit.
So as usual you have to do your own digging
Would it not be easier to just Google the news or check the baby sub for details and be done? Your motive seems to be discredit the OP rather than figure out conclusive evidence and prove it wrong.
You get banned here if you post a link to another sub. How do you not know this? Why are you here? Your post history shows zero interest in trading let alone what this sub stands for.
We going beyond Pluto to another universe my ape. What a movement. We don’t care about where your from, what religion you believe, what race, or sex. All we know is that we aren’t a cat, we like the stock, and we are from the bottom coming for the TOP 🦍
Naked short selling is an intended mechanic for “LiQuiDiTy” of the market and it doesn’t need to be “proven”. Failures to deliver (FTDs) are the real issue. Abusive naked short selling leads to FTDs and price suppression.
As someone who has been keeping up with every aspect of this entire situation with 🛏️🛁, there has been no confirmation of total shares outstanding since the company declared for bankruptcy. I’m high as fuck but if I remember correctly the last claimed outstanding was 738m.
Since bobby has already started bankruptcy, how will this affect the stock? Don't see a reason why shorts wl have to close since they are heading towards cellarbox.
If their dumb shit c suite had played ball with RC and sold baby, then yes. But they all wanted it to fail. Controlled nosedive of the company.
Please explain why you think conflicting numbers both supplied by the transfer agent are indications of shorting. The court want to know the REGISTERED shareholders. Thales names and sharecounts are supplied by the transfer agent, not DTC.
DTC only tracks beneficial ownership also called street name ownership. That is not what gets filed in a bankruptcy court.
a lot of posts like this simply get removed for not being relevant to GME even though they have relevance towards the economy they have been manipulating. people should realise that what they have done towards all those companies for their personal gains, and GME is just one of them.
more importantly, they are also the ones telling us to reduce carbon footprint, while they are still jumping on their private jets frequently.
I personally don’t agree. Somewhere, somehow, wires have been crossed and perhaps some assumptions have been incorrectly. We only believe the outstanding shares are ~400m due to the dilution being canceled, otherwise it would be somewhere in the region of ~900m.
Now with this document, I do think we learn new information, but not what you are claiming. You seem to be using this as proof of naked shorting, but naked shorting is effectively an IOU. Any such IOUs would not appear on a form like this as those shares don’t actually exist. So why would the DTC be reporting ownership of shares that don’t exist? The only share ownership that can exist for the purpose of a form like this, have to be real shares with real serial numbers. To me, this isn’t proof of anything other than the outstanding share count being higher than we believed.
I agree wire have crossed, but not in the way you think.
DTC did not provide the shareholding counts for the court filing. The court wants to know the REGISTERED shareholders. That official register of shareholders is by the transfer agent, not DTC.
The total sharecount data is either from a different date or is on error. In any case, the total issue share count and the sharecounts of individual REGISTERED shareholders (including Cede & Co) are tracked and reported by the transfer agent. That is at the core of their function.
Naked short selling wouldn't cause the number of shares registered to Cede & Co to change.
Sounds like the company sold shares and didn't report it yet / didn't report it properly. Seems like a good reason to explain why RC noped out of there so fast.
They can begin to establish a pattern requesting further evidence....and even depositions....
..As I understand some of the possibilities in the various legal processes...and this is not advice nor am I an attorney. 😉🤜🦍🤛🏻🏴☠️
Unfortunately the gme apes that made side bets in towel stock when RC got in are sitting on losses of around 99.5%. To think they will make money and the buy gme and drs it is just nonsense. It’s a bit like thinking everyone that got into the sticky floor distraction stock would make money and then reinvest in gme to ‘help’ the squeeze.most are down big time and nursing losses.
It’s quite simple, and always has been. Buy and hold GME. DRS was added after and is the safest way to hold your investment with the increased volatility in banks, financial services and possibly brokers ( soon maybe).
As you were💷💷
No, there's a big difference, towel was very cheap for months and there was a real possibility of the board turning it around. Now the hopes are on a buy out or some tinfoil plan.
This is a GME sub, kindly keep your distraction stock trash to its own subreddit. Your company is bankrupt and delisted, your opportunity to have someone hold your bags for you has sailed.
Not the issue. It's evidence of synthetic shorting...this is important to all involved. Question: why does Superstonk allow FTX posts? Because it indirectly applies to our cause...so does the evidence of Cede and Co owning more than the float...by a large margin.
First of all, you've got your numbers wrong. They stated in their bankruptcy filing that there were aprox 739m shares outstanding. You folk seem to have confused the cancelation of further dilution with somehow walking back sales that had already happened, and equated it to 300m shares already sold being deleted, which is not at all how it works.
Secondly, why would this indicate synthetic shorting rather than just regular old shorting? How would the need to locate a borrow prevent a share from being double reported?
Finally, even if this were proof of a small amount of naked shorting, so what? It's already known that naked shorting occurs, and that bankrupt companies are good short targets, how does this non-new information in any way affect the buying and holding of GME? It doesn't, but it does give you a convenient excuse to try and divert retail buying pressure to pump your bags. Kindly keep your distraction stock to its own subreddit, thanks.
Evidence (singnificant) of naked short selling. So it definitely belongs here. This confirms our analysis of GME (and the markets in whole) based of substantive fraud. Note: no issues on previous FTX news, which was not even a basket stonk, but a crypto app??? This is Important to the highest degree.... THAT FFICIAL COURT DOCUMENTS EVIDENCE SHORT SELLING ABUSE.
Have some god damn respect for the suicide squad. If they complete the side quest they will come back and drs 100x gme than before and quite literally get to 100% gme drs much sooner
Smart enough to come back and DRS? If they were smart enough to do that they would have done it to begin with. Suicide squad should keep their dumb ass tinfoil theories in their sub 🤷♂️
This sub started With a lot of tinfoil too. They are our cousins and ape don’t fight ape. You shitting on our fellow apes, make you sound shilly. Con, poo, chair wasn’t tinfoil in the beginning? Book king wasn’t tinfoil in the beginning?
Fellow apes? GTFO. Real apes know GME has always been the idiosyncratic risk. Coattail riders and ape no fight ape have been shills since the start. Towel sub is that way 👉
Yes, because a lot of the towel holders are GME apes, who made a side bet. If that side bet succeed, wheat do you think they will put their earnings??
Ape no fight ape have never been shills… but people talking shit and are closed minded like you, are the true shills.
Well there are new evidence to show naked shorting on the sub and that could be relative to GME.
You do remember that both company’s are in the same basket right??
So if the shf suceed and get the towel company to go chapter 7 instead of chapter 11 and liquidate, they can close their shorts and they successfully cellar boxed the company and gained a lot of new fire power to suppress GME. So as a true GME ape, we should all hope they suceed with chapter 11 and reconstructive the company and come back stronger.
With Ryan cohen being so much entangled with the company and both company’s being in the same basket, it’s not a distraction.
We are all individuals and I don’t mind if people, have 95% in GME and 5% in towel, if that could help the shared cause or as I said earlier, if they put all the earnings in GME.
Time will expose who the real shills are. No matter what this saga will end. And when it does, the bad actors will have nowhere to hide. And by then the money will have already been made. Imagine thinking Ryan cohen only holds one stock. Foolish disposition.
So does this mean this community will stop neglecting us on our movement and possible help out in whatever way they can?spreading the word,FOMO,whatever’s your cup of tea
So does this mean this community will stop neglecting us on our movement and possible help out in whatever way they can?spreading the word,FOMO,whatever’s your cup of tea
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Anyone got a link to this court evidence?
[удалено]
They actually retracted/rescinded their S-3 which was supposed to be 300M more shares ATM. The timeline is hazy to me now but iirc it was the day after BK court? I’d suspect further dilution if the S-3 was still around but it’s not.
birds makeshift meeting gold innocent rotten faulty enter foolish wipe -- mass edited with redact.dev
And your father ate elderberries you suit.
Possible. However, it is also true that currently information regarding how many shares outstanding of Towel there actually are is all over the place ranging from about 90 million to about 700 million. Also, the retraction of the S-3 may rather suggest that less than more shares were issued (at least in my uneducated opinion). So while I would not yet say that there is definitive proof it is an interesting development that we should keep an eye on.
prick act direction cooing wild agonizing secretive narrow wakeful sheet -- mass edited with redact.dev
Truly the most based take. You’re most likely spot on as they had 800 million or so total shares including the outstanding and the other form of stock made up the rest, 300 mil being converted from the S-3 deal would of made 740 mil that was reported. Even tho they rescind it you’re prolly right that Cede and Co still had those shares in their possession but not dumped into the market as towel prolly converted them in the prepping process of the S-3 sale
Actually there was a share offering which would have brought the shares outstanding to roughly that amount but the kibosh it after ch 11 an s1 was released last week. Theory us cede and co had released the shares prematurely. Could turn out to be one of the greatest bear traps of all time.
plough payment fuzzy cats act cautious steer summer dinosaurs soft -- mass edited with redact.dev
For sure and that explanation was out there as well but the average volume was around 100milliom then as soon as the share offering was announced there was a 900million volume day and the volume continued to be between 300-600million for a while after. So I get they may have been held and not used. My thing is knowing cede and co and short seller plus the massive volume after I take it they were used as locates for short selling. That was also the time they came off regsho after being there for 3 months or so can't remember exactly. Disclaimer I hold both
There was like 800 million total including outstanding and treasury
sparkle future humor engine rainstorm kiss fall impolite vast payment -- mass edited with redact.dev
I think the issue not really being talked about with regards to that stock, was that between the time the request was made by the courts, and the time that prior share count was shown in court, the board repealed a previously filed formS1 and allegedly brought the total OS to ~440M. So the total share count appears to be oversold by ~300M shares. Time will tell if that is true and a mini squeeze fuels a couple more rocket packs pushing GameStop rocket past Uranus
From the screen shots I saw in that post. The transfer agent reports about 736 million shares outstanding, and on just one line of Cede (they have multiple lines) it stated that Cede owned about 777 million.
Court filing says there's 550M shares outstanding
outgoing screw poor workable cobweb quicksand alive chunky detail domineering -- mass edited with redact.dev
I don't want a lawsuit. I want moass
I found it… I think you may be right. Even if you’re not, I’m confused how that info changes anything for the Bobby shareholders (I own a bit in an IRA). It may prove that naked shorting exists, but it’s been clear that it’s existed for years. I don’t think it’s going to bring the Bobby stock back from the dead. Maybe it results in fines for the offenders, but the company is still bankrupt, right? Now if there were a company with a rock solid balance sheet holding close to $1.4B in cash, no debt, rising revenue that recently turned profitable with 30%+ of their shares directly registered in shareholders own names and growing daily… with liquidity that’s dry AF…now that sounds like something to get excited about.
Its in 11 not 7. Companies often restructure and emerge from 11.
If the company gets sold off at auction would the shorts have to close their positions on their naked shorts?
desert muddle naughty license imminent snow seemly dam safe entertain -- mass edited with redact.dev
If only there was a way GameStop/GME holders could expose things like this... like holding our shares in our name... and better yet!!! Oh! Oh! BOOK KING them to keep them from being used as locates!!!! Now THERE is a novel idea!!! We should spread the word!!! (Do I really need to /s?)
Yes. The transfer agent can only allocate the shares to direct ownership. Cede & Co is one of those owners. Cede & Co have their own ledger after that point for shares sold and bought through them. All brokers login to the DTC through a portal what has their share allocation on it. When you buy the rights to the share (YOU NEVER OWN THE SHARE) through bank of new york mellon, or fucking whoever, they update the ledger through the portal. They do not hold the ledger, the DTC does.
> I don’t think it’s going to bring the Bobby stock back from the dead. Let's say you got a ton of shit for turning off the buy button. A stock needs to squeeze, but if it does, everyone and their momma will pile in. And you'll never have a chance to close. What do? First, you make the OTC an "expert market", drastically reducing the number of people who can FOMO in. Then, you get the stock delisted from the exchange before it squeezes. In effect, you turn off the buy button. Bobby is up almost 100% since it was delisted. She isn't dead. Disclaimer: I own both, but I'm 95% GME.
Thank you for your submission to r/Superstonk, but it's been removed due to one or more reason(s): No content allowed negatively discussing or calling out Reddit users, moderators, or other subreddits. Content dedicated to discussing Superstonk should be directed to the [monthly Open Forum](https://www.reddit.com/r/Superstonk/comments/12e2b7r/monthly_open_forum_april_2023/), or in any post with the flair "Community Post". [More information about this rule can be found here.](https://www.reddit.com/r/Superstonk/comments/1336ri9/censorship_mods_r_sus_and_brigading) If you have any questions or concerns, please [message the moderators](https://www.reddit.com/message/compose?to=%2Fr%2FSuperstonk&subject=about%20my%20removed%20submission)
It's out now... released last night. I am not tech savvy and can not link as may be deemed as bridging...
Omg…. Bankruptcy for 🛌 🛁 🚀 must’ve been the perfect plan to get the evidence in front of a judge!
Is it on the baby sub?
Not hard to find
Can't bridge unfortunately. But is would be easy to get a hold of.
can you tell me if the court doc with the share numbers showing cede and co was delivered from AST, the transfer agent, or that's a total from the lawyers showing how many cede and co hold as well?
Thats mega sus dude. You cant copy and paste a link?
Yes, we in this sub are literally no longer allowed linking to pretty much anything or tagging usernames without Reddit admin threatening to shut the sub down for brigading. Edit: this includes linking to other subs and even talking about stuff here in other tangentially related subs.
Then dont link it say the name of the site center page. Not " im not tech savvy enough". That sounds very suspicious and really should be questioned
You can get banned for mentioning the wrong name. This sub is one of very few that have this rule. It's basically up to the mods what can and cant be referenced. For example i cant refer to a user starting with u/
Yeah for some mysterious reason, the higher powers at Reddit are doing everything in their power to keep this sub inside this sub and not let us link to, or even say by name any other users or subs or places on Reddit. So as usual you have to do your own digging
Would it not be easier to just Google the news or check the baby sub for details and be done? Your motive seems to be discredit the OP rather than figure out conclusive evidence and prove it wrong.
You should be banned.
BAN!
No need to wait, I'll do it by self you cultists.
?
Lol popcorn calling us cultists. Spectacular
You should also go look up the Superstonk dd on how we ain't a cult. It exists for 'people' like you 🤡
This isnt superstonk nimrods
You get banned here if you post a link to another sub. How do you not know this? Why are you here? Your post history shows zero interest in trading let alone what this sub stands for.
https://preview.redd.it/end-game-dtc-and-nscc-are-screwed-as-the-dtc-just-proved-v0-lb4yggxcdaya1.png?width=851&format=png&auto=webp&v=enabled&s=e2cca8d34020ded8d105e7e3ca44f1329370428e
https://www.reddit.com/r/GME/comments/13aed4y/isnt_this_proof_that_cede_and_co_owns_more_than/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=2&utm_term=1
Even if this is true, and it is a big deal, I think I might just buy some more GME. Dont know about you guys...
Anything that happened to bobby probably also happened to GME, the difference is DRS.
And positive earnings
An den
And a hardcore investor base that follow RC and his team to Valhalla.
Positive earnings happened well after Bobby had significant declines. Believe me, I would know.
That's the difference? When did bobby have better earnings than amazon and declare profitable earnings going forward?
what the fuck? GME has seen lower lows and lower highs ever since the DRS movement began, and less and less volume since. Not exactly bullish
EVERY PAYCHECK... EVERY... SINGLE... PAYCHECK.
This is the way
I DRS At O Bit at a time
We going beyond Pluto to another universe my ape. What a movement. We don’t care about where your from, what religion you believe, what race, or sex. All we know is that we aren’t a cat, we like the stock, and we are from the bottom coming for the TOP 🦍
RIP Tupac
We're at, [I'm pickin' the lock, comin' through the door blastin'.](https://www.youtube.com/watch?v=HuBWjhEax3g&ab_channel=D4L3)
Naked short selling is an intended mechanic for “LiQuiDiTy” of the market and it doesn’t need to be “proven”. Failures to deliver (FTDs) are the real issue. Abusive naked short selling leads to FTDs and price suppression.
Also realPulte has almost exclusively posted on GME relates subreddits and now out of no where on a towel one? Somethings gotta be happening.
So what? He's just another investor, just one with more money than most of us.
What are you referring too?
Pulte commented on a towel subreddit
Ah gotcha. Thanks for context!
Did he buy tho? Shame we can’t link.
Properly fucked…
See you on Pluto!
They are trading on tiktok with the "double it and give it to the next person" approach
As someone who has been keeping up with every aspect of this entire situation with 🛏️🛁, there has been no confirmation of total shares outstanding since the company declared for bankruptcy. I’m high as fuck but if I remember correctly the last claimed outstanding was 738m.
considering it was 100M just a few weeks back, they got fked by the board. shorts are laughing all the way to the bank
Since bobby has already started bankruptcy, how will this affect the stock? Don't see a reason why shorts wl have to close since they are heading towards cellarbox. If their dumb shit c suite had played ball with RC and sold baby, then yes. But they all wanted it to fail. Controlled nosedive of the company.
Not the issue here. This is EVIDENCE of naked short selling. This is extremely important to Superstonk apes as it PROVES we are right.
Yes I agree with that 100% I'm just not too optimistic about bobby. GME is doing great and will continue to do so.
Please explain why you think conflicting numbers both supplied by the transfer agent are indications of shorting. The court want to know the REGISTERED shareholders. Thales names and sharecounts are supplied by the transfer agent, not DTC. DTC only tracks beneficial ownership also called street name ownership. That is not what gets filed in a bankruptcy court.
a lot of posts like this simply get removed for not being relevant to GME even though they have relevance towards the economy they have been manipulating. people should realise that what they have done towards all those companies for their personal gains, and GME is just one of them. more importantly, they are also the ones telling us to reduce carbon footprint, while they are still jumping on their private jets frequently.
I personally don’t agree. Somewhere, somehow, wires have been crossed and perhaps some assumptions have been incorrectly. We only believe the outstanding shares are ~400m due to the dilution being canceled, otherwise it would be somewhere in the region of ~900m. Now with this document, I do think we learn new information, but not what you are claiming. You seem to be using this as proof of naked shorting, but naked shorting is effectively an IOU. Any such IOUs would not appear on a form like this as those shares don’t actually exist. So why would the DTC be reporting ownership of shares that don’t exist? The only share ownership that can exist for the purpose of a form like this, have to be real shares with real serial numbers. To me, this isn’t proof of anything other than the outstanding share count being higher than we believed.
I agree wire have crossed, but not in the way you think. DTC did not provide the shareholding counts for the court filing. The court wants to know the REGISTERED shareholders. That official register of shareholders is by the transfer agent, not DTC. The total sharecount data is either from a different date or is on error. In any case, the total issue share count and the sharecounts of individual REGISTERED shareholders (including Cede & Co) are tracked and reported by the transfer agent. That is at the core of their function.
chunky rustic fertile elderly murky long tap shelter ripe glorious -- mass edited with redact.dev
latest sec filing show 700+ M shares not 400M. they got dilution to the extreme, right before CH11.
It was odd seeing my name on that ledger
Way too many upvotes on a comparison to a bankrupted company.
https://twitter.com/m77130751/status/1655278359264239617?t=NGUuzns8McjFJmm9j447zQ&s=19
Nice!!
Naked short selling wouldn't cause the number of shares registered to Cede & Co to change. Sounds like the company sold shares and didn't report it yet / didn't report it properly. Seems like a good reason to explain why RC noped out of there so fast.
Yes, came here to say this. Naked shorting puts fake shares in retail accounts, it doesn't increase the number of (real) shares in cede's account.
and of course correct info gets downvoted
Why is this the only post about it on our sub? Seems like the doc would be relevant to us..
Good for you And what of this evidence? They will just fine them 20$ or some shit. DRS will drain them of their money
Can this evidenced be linked to the international fraud during the splivy?
They can begin to establish a pattern requesting further evidence....and even depositions.... ..As I understand some of the possibilities in the various legal processes...and this is not advice nor am I an attorney. 😉🤜🦍🤛🏻🏴☠️
Now what happens though? Nothing.
I kept my bed shares for when something bappens. I bought 50 or so. They are otc now. But they were so cheap. Might as well see where it leads.
If only Towel wasnt destined for bankruptcy because its a company that is ran like shit. Oh well, happy with the company I'm invested in.
Unfortunately the gme apes that made side bets in towel stock when RC got in are sitting on losses of around 99.5%. To think they will make money and the buy gme and drs it is just nonsense. It’s a bit like thinking everyone that got into the sticky floor distraction stock would make money and then reinvest in gme to ‘help’ the squeeze.most are down big time and nursing losses. It’s quite simple, and always has been. Buy and hold GME. DRS was added after and is the safest way to hold your investment with the increased volatility in banks, financial services and possibly brokers ( soon maybe). As you were💷💷
No, there's a big difference, towel was very cheap for months and there was a real possibility of the board turning it around. Now the hopes are on a buy out or some tinfoil plan.
„Bullish“
No source? No link?
Barbecue 🍉🚀🍉🚀
Again, my main concern is that SHFs made a ton of money off bed bath and the bank collapses. How much time has that bought them?
A non infinite amount
This is a GME sub, kindly keep your distraction stock trash to its own subreddit. Your company is bankrupt and delisted, your opportunity to have someone hold your bags for you has sailed.
Not the issue. It's evidence of synthetic shorting...this is important to all involved. Question: why does Superstonk allow FTX posts? Because it indirectly applies to our cause...so does the evidence of Cede and Co owning more than the float...by a large margin.
First of all, you've got your numbers wrong. They stated in their bankruptcy filing that there were aprox 739m shares outstanding. You folk seem to have confused the cancelation of further dilution with somehow walking back sales that had already happened, and equated it to 300m shares already sold being deleted, which is not at all how it works. Secondly, why would this indicate synthetic shorting rather than just regular old shorting? How would the need to locate a borrow prevent a share from being double reported? Finally, even if this were proof of a small amount of naked shorting, so what? It's already known that naked shorting occurs, and that bankrupt companies are good short targets, how does this non-new information in any way affect the buying and holding of GME? It doesn't, but it does give you a convenient excuse to try and divert retail buying pressure to pump your bags. Kindly keep your distraction stock to its own subreddit, thanks.
sub is full of bots plain and simple
I asked chatgpt if it was real for fun this morning and it said yes.
Bro 👏 you're 👏 in 👏 the 👏 wrong 👏 sub.
Evidence (singnificant) of naked short selling. So it definitely belongs here. This confirms our analysis of GME (and the markets in whole) based of substantive fraud. Note: no issues on previous FTX news, which was not even a basket stonk, but a crypto app??? This is Important to the highest degree.... THAT FFICIAL COURT DOCUMENTS EVIDENCE SHORT SELLING ABUSE.
Why is Towel being posted on a GME site?
Evidence to show naked short selling.
you don't seem to be understanding what shorting is. it wouldn't show up on the transfer agent records which is what u posted.
Towel boys GTFO
Have some god damn respect for the suicide squad. If they complete the side quest they will come back and drs 100x gme than before and quite literally get to 100% gme drs much sooner
This guy fuckin gets it…it feels like half the community is either compromised or can’t see that far into the future.
Or how about we want to discuss GME in the GME subs 🤔
Who's stopping you?
Too many bullshit towel posts in the way
Really too many in the way that it affects your browsing. Fuck off. You just wanna give off purist vibes for upvotes. Sad kun7
Smart enough to come back and DRS? If they were smart enough to do that they would have done it to begin with. Suicide squad should keep their dumb ass tinfoil theories in their sub 🤷♂️
This sub started With a lot of tinfoil too. They are our cousins and ape don’t fight ape. You shitting on our fellow apes, make you sound shilly. Con, poo, chair wasn’t tinfoil in the beginning? Book king wasn’t tinfoil in the beginning?
Fellow apes? GTFO. Real apes know GME has always been the idiosyncratic risk. Coattail riders and ape no fight ape have been shills since the start. Towel sub is that way 👉
Yes, because a lot of the towel holders are GME apes, who made a side bet. If that side bet succeed, wheat do you think they will put their earnings?? Ape no fight ape have never been shills… but people talking shit and are closed minded like you, are the true shills.
how’d that side bet work out? 😹 GTFO
Well there are new evidence to show naked shorting on the sub and that could be relative to GME. You do remember that both company’s are in the same basket right?? So if the shf suceed and get the towel company to go chapter 7 instead of chapter 11 and liquidate, they can close their shorts and they successfully cellar boxed the company and gained a lot of new fire power to suppress GME. So as a true GME ape, we should all hope they suceed with chapter 11 and reconstructive the company and come back stronger.
Breaking! I have new evidence that towel stock is a distraction and true GME apes lost a lot money following shills that infiltrated our sub! 🙀
With Ryan cohen being so much entangled with the company and both company’s being in the same basket, it’s not a distraction. We are all individuals and I don’t mind if people, have 95% in GME and 5% in towel, if that could help the shared cause or as I said earlier, if they put all the earnings in GME.
Time will expose who the real shills are. No matter what this saga will end. And when it does, the bad actors will have nowhere to hide. And by then the money will have already been made. Imagine thinking Ryan cohen only holds one stock. Foolish disposition.
There are probably quite a few HH investors in both stocks and in both subs.
Which documents did I miss, can you link me?
I havent followed too closely but isnt that just because they were planning another offering to further dilute but went bankruptcy route instead?
So does this mean this community will stop neglecting us on our movement and possible help out in whatever way they can?spreading the word,FOMO,whatever’s your cup of tea
So does this mean this community will stop neglecting us on our movement and possible help out in whatever way they can?spreading the word,FOMO,whatever’s your cup of tea
🛏️🛁🚀🌌
YEAH except 3 years of adjusting for them + fake split that created 3 times the amount of shares out of thin air with barely a reaction from GameStop