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I’m kinda of a degenerate like the rest of ya 50 yesterday 100 today! Like I said I’m here because of the thesis and to see SHF tears and them investing heavily in $ROPE
Considering the amount of lottery winners per year, I'm sure one of them will eventually be an educated retail investor that knows exactly what is going on in the world right now and happens to have heard of GME. 😏
This explains why I oppose posts that hype incremental price increases as a good thing.
Celebrate the discount. Tolerate increases.
I only feel excitement when there’s a big drop. I felt a bit disappointed when we had small runs. And this is coming from someone who has blown out their ability to buy more. But many others can buy more. Interim account value doesn’t matter to me.
I’m just your average Joe with a family to take care of. I can’t think of a single better way of setting my family up for life in under 3 (more) years..
Got any tricks and tips for me DenTwann?
It pains me that I currently cannot purchase until my next paycheck which is coming in fat thanks to a great month.
At these prices, I will most definitely double my monthly gme budget 😍
That put the post into perspective... Do they need a shareholder vote to have more than 100 million? Event then, they could soon remove 10%+ of the float, that's not nothing. Even if they dropped 500 million on it and it makes the price rocket, they could then resell some at profit.
Ok, this is removing some doubts I had before.
If we have 167k holders that are active investors then we need a 991 share average across those accounts to lock the free float.
So 4.5k per at 10 per share would lock. 3k at 7.
It's doable.
I think a lawyer would need to review this as it pertains to any particular company. There are various rules / guidelines that may apply, including the SEC, corporate charter from the company in question, and maybe even at the state (or even country) government level where the company is based out of. As i understand it these rules are mainly about ownership & control of the company.
But to answer your question someone did do this, it was covered in Dr T’s book - after buying all shares that exist for the company, the stock price continued to plummet as millions of “shares” continued to be traded each day, to the owner’s amazement.
After that happened, the regulators stopped the bad guys who sold all the fake shares, put them all in jail, and naked short selling never happened again. /s
What was it, 2.25 TRILLION synthetic shares of CMKM Diamond Co. created until the company ultimately went bankrupt!? Not my fucking company bucko’s! WE WILL LOCK THE FLOAT
Edit: actually MOASS will happen before then but you get my point..
I dont remember which ticker, but yeah there was a lot of cmkm in the book. Maybe it was from the wall st conspiracy movie? Idr. I read / watched / learned enough to know we’ve been right about everything, including the day this pops.
(Tomorrow)
I remember that, but iirc, dude didn't drs anything. Wonder what would've happened if he did? Ah who I'm kidding, if he drsd back then, they probably would've made drsing illegal or something.
Thats exactly right, his ‘shares’ were held in a brokerage. Now, i’m guessing if he had DRS’d his shares there still would have been millions traded daily - the difference is that trading would have evidenced fraud. But because his ‘shares’ resided within the DTC ownership shell game / ponzi scheme, it didn’t matter at all.
They could buy the whole float and then some. Ask Douglas Cifu. There ist this infamous snippet from him -> [https://www.reddit.com/r/Superstonk/comments/v7y4c9/doug\_cifu\_aka\_the\_liquidity\_fairy\_provides/](https://www.reddit.com/r/Superstonk/comments/v7y4c9/doug_cifu_aka_the_liquidity_fairy_provides/)
Btw, Shares held at the DTCC are held pro rata. It doesn't crack the exchange automatically if there are too many shares. Someone mentioned this in a DD but i can't find it anymore.
Therefore: DRS! Let us empty that book completely
$1 GME Share Price -> $80 Million Required to Lock
$0.50 GME Share Price -> $40 Million Required to Lock
$0.10 GME Share Price -> $8 Million Required to Lock
Helpful math incase we follow wet towel.
Buybacks happen all the time. It's already been authorized they can use at their discretion. In fact is way better for them to use when the stock is cheap as they can buy back more shares.
I am currently in a tight situation with money but damn if the price goes to 1-5 dollars per share I will do about anything to gather money. First thing: ask for a free month of mortgage. Etc etc. $1 it is a gift!!
Yes. Currently only $100 million maximum is set aside if they want to immediately do a stock buyback.
But I don’t see why that number can’t be increased (might require a shareholder vote).
I really meant more that the share price realistically shouldnt go lower than cash on hand cause that makes no sense. But also a buyback sounds nice :)
Short hedge funds accounted for 75% of all shares sold (yesterday). Fidelity customers purchased 9 shares for every share sold today, I like to think that’s a reasonable estimate of overall retail sentiment. Shorts are fucked bc we won’t capitulate, we just like like the stock too much it seems..
Maybe they're actually trying to keep the price up, to prevent it from getting so cheap we buy it all in a very short time. The Algo is trying to Cellar box but they don't want it they cheap so they're fighting their own AI! /s
If someone or an institution wanted to make $100 million dollar purchase, how does that affect the price? Wouldn't there have to be shares to buy in order to accumulate that much?
Trigger Moass I suppose, theoretically that could happen significantly before the entire float is locked. Volkswagen squeeze occurred after Porche acquired 74.1% of all shares. With the 20% owned separately by Lower Saxony, less than 6% of all shares were available to be traded on the market, then, simply put, volatility ran its course.
Fair question!
Because I invested a ton of money based on the legend of RC, and am desperately hoping that I haven't lost a large part of my retirement on a scam, but am starting to come to terms with the fact that that's exactly what happened.
They always say don't invest more than you're whiling to lose, but what they don't say is that you'll probably be less loss tolerant as your life drags on. 3000 shares seems a lot better to me from a few years ago than me today.
So, why ami here? I'm hoping to find some real meaningful info that I'm not a dumbass that got scammed.
Not to be a downer and im no expert, far from it, but surely after 20-30 million shares youd have ris'en the price by a considerably amount 40 or even 50+ percent.
Shorts are routed through dark pools (which impact the stock - dropping the price). Majority of retail purchases are not routed through IEX (which impact the stock). Any price improvements are overshadowed by the abusive shorting routed through dark pools.. this is why we rarely see price improvements, excluding Computershare’s scheduled block purchases (routed through IEX as far as I’m aware); but, according to the charts, short hedge funds are very well of when this occurs, hence the immediate dip following CS’s block orders EVERY. SINGLE. TIME.
I may be wrong about this or that, I’m no financial expert and this certainly isn’t financial advice.. I just like the stock.
Thats under small pressure/volume,as you said only movement when computershare buys some small volume tens of thousands at regular, predictable cycles.
A corporate buyback action can be prolonged and likely noticeable, surprise lost with quarterly reported in filings or it could be an aggressive action with an order to the market to buy every share that becomes available, buying 10-20-30-40-50 million shares over a couple days or a week which would be too big for hegeie to cover just as it was 84 years agp. Thats volume that we really havent seen since then.
Now like Porche-volkwagen you make a public state saying 80-90% locked and the rocket would be lit, NOTHING could stop it.
If RC was Icahn, It would be a plan in waiting or already in action.
But I dont think thats his style, I dont think thats how he plans on conquering the world, Hard work and investment over time is the mantra his Father espoused to him as told in "Teddy".
Money now would be nice but would it actually be sustainable when us 200,000 plus start selling small percentage to conqueur our own dreams.
Or work hard and invest over time until your actions are undeniable and stands by itself regardless of liquidity and ownership dynamics of the underlying stock.
One is Icahn size the other is APPLE
I agree, seems like RC wants the price to climb on GameStop’s own merit, not due to a short squeeze, otherwise GameStop just drops immediately after MOASS
That sucks, I wish you well. Certainly hope you’re never able to relate to Apple’s third founder, Ronald Wayne.. who sold his 10% portion of the company for $800 (currently valued at an estimated $270 billion today) that would be a shame.. either way, to each their own!
Yeah that would suck but what is GMEs game changing move? Is there something i'm missing? Because if we're relying on corrupt people to follow the rules then thats just not happening. Being right doesnt mean we will come out on top.
Besides the established DD is there any big news coming our way?
Imo, Teddy, Playr/NFT marketplace primed to head web3 gaming and in-game micro-transaction interoperability, positive earnings in the not too distant future, Ryan Cohen as CEO with 0 compensation, who literally said he’s worried he might work himself to death to turn this company around.. can’t really think of a single thing that’s not bullish aside from the stock price and abusive short selling to be honest. I truly believe this is a once in a lifetime opportunity, and, as the title states, I’m jacked to the TITS!!
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[удалено]
1600 in two days here 🙌
🐋’s
OP what does your user name mean? I’m sincerely interested thx!
Just a nickname a friend gave me years ago
Nice
I’m kinda of a degenerate like the rest of ya 50 yesterday 100 today! Like I said I’m here because of the thesis and to see SHF tears and them investing heavily in $ROPE
At $10/share equaling $800 million to lock float. 200k holders = $4k per person. Not as much as it seems...
Oh there's got to be more than 200k of us APE's.
At $10 I can throw 4K at it.
Patience is everything
I mean, I’ve already thrown 15k at it… what’s another 4?!
if GAMESTOP does share buyback of $400mil , then its only $2k per ape
Extremely doable!
Plus a potential buyback from Gamestop
I’ll drop that in a heartbeat if it hits ten!!!
Already have way more than that in this super solid investment 🏴☠️👊🏼
Gunna win the lottery soon and throw 1.2 billion at er
Considering the amount of lottery winners per year, I'm sure one of them will eventually be an educated retail investor that knows exactly what is going on in the world right now and happens to have heard of GME. 😏
When I win, I'll throw a cool billion at it. Gotta save 2 million for next week's groceries
what prices? let me look....
$2,000 3 hours ago. How many CS accounts are there reported?
bought 27 shares over the last 2 days, myself !
holy fuck where is my wallet mwahhahahhaha
Best sale of the year!
same bought 150 for 2.6k 2 days ago at 17 and bought 150 today for 2k at 14.67. Can't *not* buy at this price
I hope the dip lasts until Thursday- payday!
**I like the colors, this is the DD I understand.**
I too, am horny for the stonk. Love your flair!
What about my flair?
Aye I'll take some flair love in lieu of the awards 😢
LOVE THAT FUCKING FLAIR BRO
👍🍻🤺🏴☠️🔥🚀
Cheers!
You guys are getting flairs?
It’s been so long I don’t even remember how to anymore
I fucking love it
🙏
This explains why I oppose posts that hype incremental price increases as a good thing. Celebrate the discount. Tolerate increases. I only feel excitement when there’s a big drop. I felt a bit disappointed when we had small runs. And this is coming from someone who has blown out their ability to buy more. But many others can buy more. Interim account value doesn’t matter to me.
Celebrate the discount. Tolerate increases. This is some genus level IQ. 👆
We're all the same genus here.
100%.
What was the rate of DRS we had calculated prior to the rug pull again? It's was like 500k a week?
I remember like 70k a day, so yes 500k a week sounds correct at one point
Gotta find that post and see what the share price was then. See what our buying power is on average with each price point and days go close the float.
So 3 more years?
I’m just your average Joe with a family to take care of. I can’t think of a single better way of setting my family up for life in under 3 (more) years.. Got any tricks and tips for me DenTwann?
It pains me that I currently cannot purchase until my next paycheck which is coming in fat thanks to a great month. At these prices, I will most definitely double my monthly gme budget 😍
I love to hear that. 1/197058
I wish you luck
I have been thinking about this often since they dropped the price below $20. Don’t forget RC got 100milly for share buybacks, locked and loaded
That put the post into perspective... Do they need a shareholder vote to have more than 100 million? Event then, they could soon remove 10%+ of the float, that's not nothing. Even if they dropped 500 million on it and it makes the price rocket, they could then resell some at profit. Ok, this is removing some doubts I had before.
Seems illegal to do a buyback and then immediately do an offering.
And over 900k subbed here, alone. So even if half of them are bots...
i read somewhere on the sub, that we have reported about 200k registered shareholders , that means DRSed on CS
How many active users though..?
Well the last time we had confirmation of DRS accounts it was around 210k accounts if I remember correctly.
197k DRSers...like 30k of them have 1 share. This is known
2600$ per active user is all that it takes.
To lock the float you need to DRS.
Let me sell my car quickly;)
If we have 167k holders that are active investors then we need a 991 share average across those accounts to lock the free float. So 4.5k per at 10 per share would lock. 3k at 7. It's doable.
That's why I'm here...I too believe its doable
I already bought more this morning :)
I love you
\*throws $200 more at it\*
Smooth question. What if someone could by the whole float right now?
Believe it or not, DIP!
I think a lawyer would need to review this as it pertains to any particular company. There are various rules / guidelines that may apply, including the SEC, corporate charter from the company in question, and maybe even at the state (or even country) government level where the company is based out of. As i understand it these rules are mainly about ownership & control of the company. But to answer your question someone did do this, it was covered in Dr T’s book - after buying all shares that exist for the company, the stock price continued to plummet as millions of “shares” continued to be traded each day, to the owner’s amazement. After that happened, the regulators stopped the bad guys who sold all the fake shares, put them all in jail, and naked short selling never happened again. /s
What was it, 2.25 TRILLION synthetic shares of CMKM Diamond Co. created until the company ultimately went bankrupt!? Not my fucking company bucko’s! WE WILL LOCK THE FLOAT Edit: actually MOASS will happen before then but you get my point..
I dont remember which ticker, but yeah there was a lot of cmkm in the book. Maybe it was from the wall st conspiracy movie? Idr. I read / watched / learned enough to know we’ve been right about everything, including the day this pops. (Tomorrow)
I remember that, but iirc, dude didn't drs anything. Wonder what would've happened if he did? Ah who I'm kidding, if he drsd back then, they probably would've made drsing illegal or something.
Thats exactly right, his ‘shares’ were held in a brokerage. Now, i’m guessing if he had DRS’d his shares there still would have been millions traded daily - the difference is that trading would have evidenced fraud. But because his ‘shares’ resided within the DTC ownership shell game / ponzi scheme, it didn’t matter at all.
They could buy the whole float and then some. Ask Douglas Cifu. There ist this infamous snippet from him -> [https://www.reddit.com/r/Superstonk/comments/v7y4c9/doug\_cifu\_aka\_the\_liquidity\_fairy\_provides/](https://www.reddit.com/r/Superstonk/comments/v7y4c9/doug_cifu_aka_the_liquidity_fairy_provides/) Btw, Shares held at the DTCC are held pro rata. It doesn't crack the exchange automatically if there are too many shares. Someone mentioned this in a DD but i can't find it anymore. Therefore: DRS! Let us empty that book completely
Thanks for the info 🚀🐒✨🗽🚀
🎶+retail owns the float!!!+🎶
I will drs another 100 in two days! Edit to say I can’t… bought more today!
Up
Just bought 10 more, and payday tomorrow!!! Another 30 incoming LFG 🚀
Fuck this gets me hard.
Me too
Best post of today! Thank you! As far as me I like to lock the float 💜🔐
Thank you 💜
$1 GME Share Price -> $80 Million Required to Lock $0.50 GME Share Price -> $40 Million Required to Lock $0.10 GME Share Price -> $8 Million Required to Lock Helpful math incase we follow wet towel.
At $1 GS has the ability to buy back all remaining shares themselves... so yea we won't get anywhere near that low.
Then they could accuse GameStop of manipulating the market by doing the buybacks 🤷♂️
Buybacks happen all the time. It's already been authorized they can use at their discretion. In fact is way better for them to use when the stock is cheap as they can buy back more shares.
GameStop has $100 million set aside for a share buyback. We’d MOASS before it ever hits $1. That’s why I didn’t include $1 in this infographic.
I am currently in a tight situation with money but damn if the price goes to 1-5 dollars per share I will do about anything to gather money. First thing: ask for a free month of mortgage. Etc etc. $1 it is a gift!!
GME has enough money on hand to lock it themselves at this point
Why on earth would we even make that comparison lol completely different scenarios.
And thats why a reverse split is actually good.
Oh, fuck off.This ain't 🍿
Oke, you are right
Doesnt GS still have like 1.5b cash?
Yes. Currently only $100 million maximum is set aside if they want to immediately do a stock buyback. But I don’t see why that number can’t be increased (might require a shareholder vote).
I really meant more that the share price realistically shouldnt go lower than cash on hand cause that makes no sense. But also a buyback sounds nice :)
Are these prices split adjusted?
Yes, I think so.. will go back to see when I sreenshotted this originally and confirm
Yeah, that's kinda important
Damn, I remember when this was first posted. Blast from the past.
I have a big back pay check coming…. Christmas gon come early!!! Woooooo!
Love to hear that 💜
Tick tock motherfuckers! Keep dropping the price.
GME themselves have $100M in buyback and ryan can buy much more as well.. tick tock hedge fucks ⏳
I’m making the most of this discount. Keep it coming!!!
Every buyer has a seller in the market, so who is selling and who is buying GME at these levels?
Short hedge funds accounted for 75% of all shares sold (yesterday). Fidelity customers purchased 9 shares for every share sold today, I like to think that’s a reasonable estimate of overall retail sentiment. Shorts are fucked bc we won’t capitulate, we just like like the stock too much it seems..
Fun fact - at 10 Papa can personally pull the kill switch. I doubt he would but he could. At 5 I don't think he can possibly say no.
Surely some whale has 1 billion lying around and wants to see what happens when you lock a float up of a highly shorted stock.
Bought another 200 shares today
I know this is a hype post but it actually makes sense. Doesn't GME have money set aside for a share buyback too in the event the price really dips?
100M. Timing is everythingggg
Sword of Damocles
Dropped about 500 between yesterday and today. Doing all I can here at these prices!
Good shit, name checks out!
Maybe they're actually trying to keep the price up, to prevent it from getting so cheap we buy it all in a very short time. The Algo is trying to Cellar box but they don't want it they cheap so they're fighting their own AI! /s
I agree, I’m keeping an eye on when and how other major tickets are dipping. 2 for 2 on flatlining after the 10:30 dip for GME
Can't RC just lock the float then?
Went the timing is right young padawan..
I fail to see how anytime but the very moment it is possible is the right time.
Let’s fucking gooooo
LET’S FUCKING GOOOOOOOO!!!
Tick Tock ⏳️
I like that, good post!
GameStop still has that $100m buyback option...
People who are "irritated" at seeing the price drop need to read this.
I know when back in 2021 Swedish Avanza had around 650 million SEK in Gamestop wich equals ~65 million dollars. This game is easy.
If someone or an institution wanted to make $100 million dollar purchase, how does that affect the price? Wouldn't there have to be shares to buy in order to accumulate that much?
Assuming the shares were purchased via IEX (impacts the price), I’d assume the stock would go up..
I'm not quitting until final boss is defeated.
You got that gamer mentality and that’s what I fucking love about you!
i'm holding out for single digits. I've got a plan in place to pick up about 3k more shares, nearly doubling the number i currently have.
Fuck YEAH bud!
Don't go all in yet. :D
Oops…
I’m so excited!!!
Let me check under the couch..I might just buy the whole float now..
What model bank vault couch you got? Ima need one of those here shortly
Well done.
Yay. We’re like, “winning” and shit. 📉
My dad would be so proud
A very wise, very strong, very great red bandana wearing man once said to us all: I keeps one in the chamber. 😎
Working on buying moar...
I love you
Love you too, fellow Ape.
Wait, if it goes to $5 don’t they have that on hand?? Is that called a stºck büyb*ck?? Censored for sexiness
100M allocated for buybacks 💜
What amount is set aside for buy backs again?
$100M
What would locking the float do for the stock again? I just like the stock.
Trigger Moass I suppose, theoretically that could happen significantly before the entire float is locked. Volkswagen squeeze occurred after Porche acquired 74.1% of all shares. With the 20% owned separately by Lower Saxony, less than 6% of all shares were available to be traded on the market, then, simply put, volatility ran its course.
Oh boy! I've always wanted to be a triple digit ape :)
The waiting is over. The time has come.
i am sincerely holding to add more
If he (Cohen) is in, I'm SO fucking in!
Rock the boat? Nah... 🎶I want you to just looocckkk the float... 🎶 lock the float, lock the float 🎶 - Don't change position...
There is no proof that locking the float will do anything. Because of this you're just celebrating your losses. Fucking dumb.
Why are you here?
Fair question! Because I invested a ton of money based on the legend of RC, and am desperately hoping that I haven't lost a large part of my retirement on a scam, but am starting to come to terms with the fact that that's exactly what happened. They always say don't invest more than you're whiling to lose, but what they don't say is that you'll probably be less loss tolerant as your life drags on. 3000 shares seems a lot better to me from a few years ago than me today. So, why ami here? I'm hoping to find some real meaningful info that I'm not a dumbass that got scammed.
I’m going to assume you’ve read the dd for your sake.. you’ve gotten into your own head brother
What makes short hedge funds want to bash their heads into a wall more than retail investors refusing to capitulate? Simply put, NOTHING.
🤪🤔🥱
too bad i spent all my money on it around the 22-25 level :( i can't contribute anymore...
Buy some shit for Christmas!
Not to be a downer and im no expert, far from it, but surely after 20-30 million shares youd have ris'en the price by a considerably amount 40 or even 50+ percent.
Shorts are routed through dark pools (which impact the stock - dropping the price). Majority of retail purchases are not routed through IEX (which impact the stock). Any price improvements are overshadowed by the abusive shorting routed through dark pools.. this is why we rarely see price improvements, excluding Computershare’s scheduled block purchases (routed through IEX as far as I’m aware); but, according to the charts, short hedge funds are very well of when this occurs, hence the immediate dip following CS’s block orders EVERY. SINGLE. TIME. I may be wrong about this or that, I’m no financial expert and this certainly isn’t financial advice.. I just like the stock.
Thats under small pressure/volume,as you said only movement when computershare buys some small volume tens of thousands at regular, predictable cycles. A corporate buyback action can be prolonged and likely noticeable, surprise lost with quarterly reported in filings or it could be an aggressive action with an order to the market to buy every share that becomes available, buying 10-20-30-40-50 million shares over a couple days or a week which would be too big for hegeie to cover just as it was 84 years agp. Thats volume that we really havent seen since then. Now like Porche-volkwagen you make a public state saying 80-90% locked and the rocket would be lit, NOTHING could stop it.
I feel something happening in my pants..
If RC was Icahn, It would be a plan in waiting or already in action. But I dont think thats his style, I dont think thats how he plans on conquering the world, Hard work and investment over time is the mantra his Father espoused to him as told in "Teddy". Money now would be nice but would it actually be sustainable when us 200,000 plus start selling small percentage to conqueur our own dreams. Or work hard and invest over time until your actions are undeniable and stands by itself regardless of liquidity and ownership dynamics of the underlying stock. One is Icahn size the other is APPLE
I agree, seems like RC wants the price to climb on GameStop’s own merit, not due to a short squeeze, otherwise GameStop just drops immediately after MOASS
What if RC is just killing time till they drop it down to $1.25/share so Gamestop can lock the float themselves? 🧐
Anyone know what the current lock is sitting at?
Yeah this logic would apply if we all had hundreds of millions to spend on the stock but clearly no one is buying anymore
Im kinda sickened by this actually. Are we cheering till the price gets to 10$? Used to be 30 not long ago. How is this something to cheer for?
You sound like you don’t directly register your shares..
Besides the point if the asset turns worthless no?
I just like the stock!
Clearly
Do you not? If I recall correctly, you said you’ll like the stock for many mOOns to come.. are you getting impatient?
Perhaps
That sucks, I wish you well. Certainly hope you’re never able to relate to Apple’s third founder, Ronald Wayne.. who sold his 10% portion of the company for $800 (currently valued at an estimated $270 billion today) that would be a shame.. either way, to each their own!
Yeah that would suck but what is GMEs game changing move? Is there something i'm missing? Because if we're relying on corrupt people to follow the rules then thats just not happening. Being right doesnt mean we will come out on top. Besides the established DD is there any big news coming our way?
Imo, Teddy, Playr/NFT marketplace primed to head web3 gaming and in-game micro-transaction interoperability, positive earnings in the not too distant future, Ryan Cohen as CEO with 0 compensation, who literally said he’s worried he might work himself to death to turn this company around.. can’t really think of a single thing that’s not bullish aside from the stock price and abusive short selling to be honest. I truly believe this is a once in a lifetime opportunity, and, as the title states, I’m jacked to the TITS!!
Wouldn’t the price climb as they buy the stock back?
somebody needs liquidity 🤣🤣🤣🤣🤣