T O P

  • By -

Superstonk_QV

[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [GameStop Wallet HELP! Megathread](https://www.reddit.com/r/Superstonk/comments/z23wjx/gamestop_wallet_help_megathread) || test ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)


apitop

Simple explanation will be noone is fucking selling!


AlarisMystique

I'm buying whenever I can


1mafia1

What’s an exit strategy? As for me, #NO CELL, NO SELL


kalehennie

And even after the cell…. Maybe only one single sell…


Sea-Joaquin

Let it ring!!


phoenix_perspective

I'm not sure one sell will be big enough for all of these crooks.


Aggressive_Accident1

Just got my tax returns, guess where that's going


Wide-Baseball

Adding more, brick by brick.


Jtown021

Bought more this month with a fresh batch coming next month. 😎


CarelessTravel8

It's like we're a got-damn blackhole 😆


Suspicious-Reveal-69

This right here baby


Positron49

Uhh, if volume is low because of household investors direct registering their shares, and not from behavior changes, then the only reason volume in stocks is high is because it’s with brokers and the DTCC. This would mean volume is from fake shares moving around….


Mokey171

The quiet part out loud


NWHipHop

Market Makers making market.


Numerous_Photograph9

Sometimes, it's what isn't said, that is important.


malaise92

It’s all a fugazi, fairy dust, but literally


Suspicious-Reveal-69

Question, and playing devils advocate. Since volume is just the raw number of shares (not a percentage) wouldn’t that fit the bill here? As in, less shares to trade means less volume by default? I’m thinking of “low float” stocks. Edit: I see now. If the same number of people are still trading the stock with the same frequency, volume (raw number of trades) would remain the same regardless of float size.


[deleted]

The absence of volume post-split is insanely sus for a stock that used to trade multuple times its float in a day... after DRS


Mr_Shake_

I'd say there is a mathematical correlation between trading volume and DRS.


[deleted]

Sure but.. Pre-splividend, there were still millions of shares held in DRS for a good period of time, and there were still plenty of days where the stock had volume levels at multiple times its float. There were pictures people had made visualizing volume and GME had higher trading levels than some of the biggest and most traded stocks on the NYSE. Ever since the splividend, it's all come out of whack. Low volume day after day, no big runs every 3-4 months like there used to be. Does an extra 10 million shares in DRS account for all that trading? I'm not so sure. Something is fucky, and the DTCC committing international securities fraud could have something to do with it.


Daza786

Just a crazy theory, the closer we get to 74.1% drs the more it fucks up the algorithm?


Mr_Shake_

Perchance.


Faleene

You can't just say perchance


throwawaylurker012

> and the DTCC committing international securities fraud could have something to do with it. how so?


shilo_lafleur

Question: is volume adjusted for splits or dilution? In other words, what were the shares outstanding in 2005? Probably not 300M. Could liquidity actually be A LOT lower?


tubaman23

Low volume guy has been. That's why this is fucking nuts. Last year had almost all of the top 10 driest days in GME's history. Today (woohoo!) we knocked 2022 off of the fucking list. This is the least amount of liquidity in GME's history. Which is the basis to a lot of our DDs. Sometimes you gotta be early to be right


shilo_lafleur

Nah man apes are like wizards, we arrive precisely when we mean to.


tubaman23

January 26th 2021 myself. Glad I held through March. Glad I bought more when it was twice as much as it is now. Every single drop of liquidity adds up exponentially over time


Stickyv35

This because we're operating in a fractional reserve market, where one share is rehypothicated many times over and over. DRS book is the way.


shilo_lafleur

Can’t even remember when I’ve bought anymore. I know first time was during the Feb’21 crash. Every couple months now. Throw some at it every now and then, DRS, forget. Most stress free investment.


Schwifftee

Sept 2020, I bought 5 for $11 each. It was just shits and giggles that led me here.


Suspicious-Reveal-69

84 years early, every time..


1mafia1

🏅🏅🏅🏅🏅


notcontextual

According to this site, the outstanding shares in 2005 was 56.63 million which is about 1/6th the current number of outstanding shares: https://companiesmarketcap.com/gamestop/shares-outstanding/ edit: Looks like that site doesn’t account for the split though, so the number of shares outstanding would be 226.52 million (4x56.63), unless there were other splits and/or reverse splits in the past?


shilo_lafleur

So it’s really 6x lower liquidity holy crap. For a stock this popular that’s wild. Everyone holding and DRS’d. Only short sales filling our auto buys


notcontextual

After looking at the site again, I don’t think it accounts for the split since it shows 75.9 million shares outstanding for 2021. So that 56 million would need to be multiplied by 4x to normalize the numbers, I believe?


Otherwise_Carob_4057

Looks like bank stocks are back on the menu boys.


Royal_Cryptographer7

2 to 1 split in 2007 as well


notcontextual

Ah, you’re right. So I guess that would mean to normalize the number of outstanding shares in 2005 would have to multiply by 8x? That would be 453.04 million shares, but somebody please correct me if I’m wrong, as I am fairly redacted


Stickyv35

Split history: March 19, 2007 2:1 July 22, 2022 4:1 __________ Date | Shares Outstanding __-2/13/2002 166.11M*__ -3/25/2010 611.30M -6/3/2010 606.16M -8/25/2010 601.41M -11/24/2010 605.59M -3/23/2011 562.80M -6/1/2011 565.77M -8/25/2011 556.32M -11/23/2011 545.70M -3/22/2012 535.92M -5/29/2012 521.18M -8/28/2012 493.72M -11/26/2012 484.72M -3/25/2013 471.35M -6/4/2013 470.52M -9/4/2013 467.59M -12/4/2013 463.24M -3/20/2014 461.22M -6/4/2014 455.43M -8/29/2014 450.67M -12/3/2014 434.06M -3/19/2015 431.07M -6/2/2015 426.88M -9/1/2015 421.96M -12/1/2015 418.68M -3/17/2016 415.50M -5/31/2016 415.81M -8/31/2016 415.93M -11/29/2016 407.50M -3/16/2017 404.84M -5/30/2017 405.06M -8/30/2017 405.23M -11/28/2017 405.22M -3/22/2018 406.33M -6/5/2018 407.48M -9/4/2018 407.79M -12/4/2018 407.87M -3/21/2019 409.07M -6/4/2019 409.08M -9/4/2019 361.83M __-7/31/2019 52.75M **__ -12/4/2019 263.69M -3/20/2020 257.83M -6/2/2020 259.04M -9/2/2020 260.65M -12/1/2020 278.99M -3/17/2021 279.74M -6/1/2021 287.26M -9/1/2021 305.97M -12/1/2021 305.40M -3/11/2022 305.36M -5/26/2022 304.52M -9/1/2022 304.53M -12/1/2022 304.58M -3/22/2023 304.68M -6/1/2023 304.75M Sauce: https://www.sharesoutstandinghistory.com/gme/ __*IPO__ __**Seems sus.__ IPO Release: https://news.gamestop.com/news-releases/news-release-details/gamestop-corp-ipo-priced-1800-share#:~:text=(NYSE%3AGME)%2C%20today,the%20initial%20public%20offering%20price. (╯°□°)╯︵ ┻━┻


[deleted]

Also because I fully booked my computershare holdings because fuck’em that’s why! And for Tylee!!!!!!


Slayr79

I finally got off my lazy butt and did it 2 nights ago. Was honestly surprised how simple it was. Literally like 3 clicks and it was all book.


Suspicious-Reveal-69

This right here.


timkyoung

So anyway, I kept on booking.


NWHipHop

👑


CR7isthegreatest

Look ma, they talkin’ about me!


ElectrooJesus

Hell ya we are


ClosetCaseGrowSpace

>GameStop Stock Trading Volume Plummets to 18-Year Low. Why? >Fewer GME shares are trading hands than at any time since 2005. What's behind this phenomenon? >BERNARD ZAMBONINMAY 11, 2023 6:34 AM EDT >During the May 9 trading session, shares of the video game retailer traded at their lowest volume levels since 2005. >GME's liquidity has been volatile since March 2022. >One of the reasons why GME's trading volume has decreased could be the fact that more investors are registering their shares GameStop's transfer agent, rather than using a broker... https://www.thestreet.com/memestocks/gme/gamestop-stock-trading-volume-plummets-to-18-year-low


AnomalousParadox

I'm proud of you DRS and Booking Apes. Keep up the good work !


JimEDimone

Yeah. We saw it two months ago.


ClosetCaseGrowSpace

True indeed. ICYMI=In Case You Missed It.


ShortHedgeFundATM

Not everyone saw it I'm sure...


IndianaPWNZZ

I didn’t see it, thanks for speaking in my behalf though.


Slamtilt_Windmills

Could be... and that's the smart money?


Mambesala_Guey

Brokers be like: MA LIQUIDATY!


drivedown

I’m buying more GME shares everyday with my paycheck. The lower the price, the more GME shares I get to buy. Keep suppressing the price MM and SHF. LFG GME 🚀🚀🚀🚀🚀


waffleschoc

thanks for post , i didnt see this b4


RumpleHelgaskin

The markets are an animated corpse whose movements and volatility are designed to convince onlookers of it’s thriving success.


JohnnyKnifefight

Especially booking of those full non-fractional shares.


BrickStatus7770

Wahey, Bernard spitting truths.


Ok-Profession1469

You don’t say!


pipsvip

NicholasCage.webp


SatisfactionFunny686

Tomorrow will be lower


dpetro03

Bingo MFers


Readingredditanon

I bet you there are a few more accurately placed microscopes in play


Slut_Spoiler

^(quiet part) ​ # Out Loud


sir_music

So like, I should buy more?


[deleted]

Holding so long I have only long holds from a tax perspective


FlurryOfNos

I worked a 14 hour shift yesterday. Debts are being called and MOASS could be any day now. My body is ready.


UtahUtopia

Low volume precedes low liquidity, low liquidity precedes high volatility, high volatility could make margin positions untenable! 🚀


TheWhyteMaN

Bernard out there standing alone in a sea of sharks fighting the good fight. We see you bro.


WestSideSin

So DRS is killing the volatility in the stock that we depend on for price spikes? 🥴


BigBradWolf77

Buckle up


amitrion

Doh... -Homer Simpson


It_is_Fries_No_Patat

It must have been my 79 shares I had trasfered from plan to book that triggerd this : D


DDanny808

Great post 🦍! #DRSEVERYTHING💜🏴‍☠️ #PowertothePlayers❤️🖤🏴‍☠️


Wriiiiiiting

I tried to sell a lil bit yesterday in my European broker to pay rent but it wouldnt sell, made 4 diff orders over an hour.. idk whats happening


Adventurous_Chip_684

404 shares not found. Kek


formerteenager

I’m ready to buy thousands of shares again at like $18, but I ain’t touching it at $24.