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Thread: Reddit Trolls Wall St. Hedge Funds, Buying Up GameStop Stock

  1. #331
    Quote Originally Posted by devil21 View Post
    I bought back into bbby on the dip but with more conviction. I heard something about some obscure SEC and FINRA regulation created by a guy named Reggie Sho, regarding naked shorts selling shares that don't exist and then failing to deliver actual market shares and being required to buy them in open market by a certain day. Something about a t+13 and September 2nd and 6th. Dunno. Probably just more crazy tinfoil, right? Probably. It's not like the SEC and FINRA actually enforces their own rules or whatever.


    Reg Sho doesn't mean anything. No shortage of shares to short. There's nothing to enforce. From 30 seconds ago.



    AVYA



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  3. #332
    Quote Originally Posted by Krugminator2 View Post
    Reg Sho doesn't mean anything. No shortage of shares to short. There's nothing to enforce. From 30 seconds ago.



    AVYA
    Weird that it doesn't mean anything, considering the obvious short and distort (aka lie your $#@!ing ass off through Wall St owned media outlets) narrative that flooded the net the last few days to scare people into selling that stock. "BBBY BANKRUPT! TRUST ME BRO! SELL NOW! (few moments later: oops not bankrupt but thanks for selling to cover our illegal shorts due to our fear campaign.) Hell, at this point there's so much crime that it could have just been removed from the list to protect the shorts, rules be damned. The whole system is a giant theft operation. Pirates stealing as always.
    Last edited by devil21; 09-01-2022 at 10:29 PM.
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  4. #333
    Wish I had more info, but heard in the background on Fox Business that there are a lot of options out there trying to drive the market indexes down right now.
    "Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
    "Beware the Military-Industrial-Financial-Pharma-Corporate-Internet-Media-Government Complex." - B4L update of General Dwight D. Eisenhower
    "Debt is the drug, Wall St. Banksters are the dealers, and politicians are the addicts." - B4L
    "Totally free immigration? I've never taken that position. I believe in national sovereignty." - Ron Paul

    Proponent of real science.
    The views and opinions expressed here are solely my own, and do not represent this forum or any other entities or persons.

  5. #334
    Covered the remainder of my GME short yesterday and this morning. +10 dollars. Still another 20 in downside but getting oversold with a market poised to rip higher. It has earnings next Wednesday. If it gaps up on whatever nonsense they say will be another great entry for a short.

  6. #335
    Quote Originally Posted by devil21 View Post
    Weird that it doesn't mean anything, considering the obvious short and distort (aka lie your $#@!ing ass off through Wall St owned media outlets) narrative that flooded the net the last few days to scare people into selling that stock. "BBBY BANKRUPT! TRUST ME BRO! SELL NOW! (few moments later: oops not bankrupt but thanks for selling to cover our illegal shorts due to our fear campaign.) Hell, at this point there's so much crime that it could have just been removed from the list to protect the shorts, rules be damned. The whole system is a giant theft operation. Pirates stealing as always.
    I am sure the company is doing great.


  7. #336
    The CFO of BBB that committed suicide was involved with the Gamestop CEO in artificially driving up the stock.

    https://nypost.com/2022/09/04/bed-ba...efore-suicide/



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  9. #337
    Quote Originally Posted by Krugminator2 View Post
    I am sure the company is doing great.

    Oh well, doesn't matter. The system doesn't particularly care, in the big picture, about how any particular company is performing. It's a trust and accounting system, that's all. Understand both of those and one can easily understand how the "markets" operate.

    I'm just continuing to hold. I've never seen financial media and pundits so relentlessly concerned about what I do with my money and stock holdings as I have in recent months regarding selling my GME and BBBY holdings. Wall St is suddenly my friend and trusted advisor and is looking out for me? Ha.

    The system they've devised requires that everyone outside of their selected institutions sell their holdings during their engineered crashes, which occur on religious/pagan calendar cycles (equinoxes usually...the pagan thing). It relies on creating fear and panic in brokerage customers and other trading entities losing their money, thus panic selling to take their dollars off the table. Most dutifully comply, as fear is of course the most powerful motivator. Financial media generates the fear and panic to sell. During the duration of the crash, which becomes self-sustaining as the fearful sell, the DTC and CBOE quietly clears years and years of fraud (synthetic shares, bad contracts and bad debts, FTDs, etc) from their books. After all, it is the DTC that holds all of the stocks and the cash under a trust structure. Once everyone has sold (thus clearing the accounting books of brokerage "shares") the fraud is cleared, the "bottom" is declared and the cycle starts over again. S&P500 2009 bottom was "666". Coincidence? I think not. Neither was Dow -777. Those are religious markers. The monkey-wrench here is that no one anticipated what happens when a large group of holders decide NOT to sell through a crash, thus NOT giving the DTC the ability to clear the fraud (synthetic shares that were never actually issued by the company and its transfer agent) from the books. Synthetic shares created by years and years of naked shorting and other shenanigans. Basic trust structure (mainly the fiduciary responsibility of trustee) and the associated book entry accounting system it uses requires that the books be zero'ed out (balanced) before a new cycle can commence with fresh, clean books. They can't, as trust fiduciary trustee, start new books while leaving a gaping accounting hole in the old books. It violates universal laws of karma, balance and free will. That's bad juju.

    It's really quite simple once you understand the Trust system and book entry accounting used to manage the (In God We) Trust, though this is the Cliff Notes version.


    Quote Originally Posted by SpiritOf1776_J4 View Post
    The CFO of BBB that committed suicide was involved with the Gamestop CEO in artificially driving up the stock.

    https://nypost.com/2022/09/04/bed-ba...efore-suicide/
    Two things. First, media lies. You'll usually find more truth in the National Enquirer than you will in the NY Post. Second, allegations in a lawsuit pleading are not facts. The only thing in the article that even ties Cohen and Amal together is that they sold at similar times, while Cohen was an investor in the company. A lot of investors sold on that day. Don't claim lawsuit pleading allegations as facts. They may or may not be.
    Last edited by devil21; 09-10-2022 at 02:56 AM.
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  10. #338
    Just a quick PSA to any one holding GME in brokerage accounts. Be sure to set GTC standing limit sell orders for one share at the max limit price the brokerage will allow. Whenever the price rises you can adjust the limit price upward accordingly. Currently Schwab's max is around $600. Fidelity around $150. Vanguard around $500. Etc. Keep upward price pressure on the order books indefinitely!

    --------------------------------------
    Looks like GME, Credit Suisse and Archegos are all very interconnected.....
    https://www.reddit.com/r/Superstonk/...credit_suisse/

    https://www.reddit.com/r/Superstonk/..._the_archegos/


    Also worth noting that GME is only behind Twitter and Apple for "best" returns of 2022 of major stocks. Still negative but much better position than the tech wreck ongoing and most other major stocks.
    Last edited by devil21; 11-02-2022 at 06:59 PM.
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  11. #339
    It's not yet 100% confirmed but it appears that FTX and GME are interconnected, by short sellers using FTX GME "tokenized stocks" as "share locates" (meaning a shorts and/or market maker's ability to claim it can provide the share that it sold short, thus not being a naked short). The catch is that FTX isn't confirmed to have purchased the GME shares needed to back the "tokenized" shares, which would be required when the short needs to redeem a tokenized stock for a real share to deliver to the buyer of the short's sell order. Man, what a messed up web of crap this whole thing has turned into....

    https://www.thestreet.com/memestocks...kenized-shares
    Last edited by devil21; 12-15-2022 at 10:22 AM.
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  12. #340
    x-post from "2 banks about to collapse thread", regarding UBS taking on CS' swaps (which likely include GME and other "meme stock" short positions), which UBS plans to unwind.

    http://www.ronpaulforums.com/showthr...=1#post7163042
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  13. #341
    Pretty big earnings surprise for GameStop. Will be interesting to see if this is just a short term pop caused by people being offsides or if the market thinks this is sustainable.

  14. #342
    A bit of a run lately. Sneks everywhere.
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  15. #343
    Still holding......
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  16. #344
    It seems Ryan Cohen may well be a libertarian! He's mentioned libertarians before, previously tweeted libertarian-esque thoughts on the two-party duopoly and just tweeted a Mises quote about inflation.

    https://twitter.com/ryancohen/status...Dp2Ydp9mdZLBYw

    PS-still hodlin'
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book



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  18. #345
    GME is on a nice run lately around a solid Q3 (essentially breakeven for a historically rough 3rd quarter for retailers and with Christmas buying season is projected to be profitable for the full year) and news that GameStop may be looking to start a Berkshire Hathaway-esque investment portfolio, with Cohen as Investment Officer, in addition to usual retail/online operations and whatever else is in the works. A company with $1+ billion in cash and no debt, turning profitable and positioned to take advantage of a major market crash with some free cash? Very interesting.
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  19. #346
    Did you ever wonder why you don't make money during "retail trading" hours but hedgies still buy Hamptons houses and fly around in private jets and the cabal always bails each other out and leaves you with the bill, inflationary prices and oppressive taxes and onerous "rules" to fund it all? It's because all the money is taken during the trading hours where you are locked out and they are not. A wise man once said that the only purpose of equity markets is to separate you from your fiat.

    https://ufile.io/t5ghbye0 Overnight Gains PDF

    https://ufile.io/ckdvxbm6 More Overnight Gains Info PDF

    (links are safe generally I uploaded myself)


    The "Trading With The Enemy Act" of 1917 (4 years after FedResAct and IRS) doesn't mean what people think it does. Who is the enemy?

    https://uscode.house.gov/view.xhtml?...edition=prelim
    Last edited by devil21; 02-13-2024 at 03:19 AM.
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  20. #347
    OK, fess up, which one of you guys linked Donnie to this thread?

    https://www.cnbc.com/2024/04/19/trum...t-selling.html

    Trump Media has warned the CEO of the Nasdaq Stock Market of ‘potential market manipulation’ of the company’s stock by “naked” short selling of shares.

    The warning came as Trump Media has offered shareholders detailed instructions on how to avoid someone loaning out their DJT shares to short sellers, who then execute trades betting that the price of the stock will fall.

    Trump Media disclosed the warning to Nasdaq CEO Adena Friedman in a filing Friday morning with the Securities and Exchange Commission.

    DJT’s share price has rallied in recent days, but is still sharply lower than the more than $70 per share it debuted with on March 26. Former President Donald Trump owns nearly 60% of Trump Media shares. The paper value of his stake has dropped by billions of dollars since DJT began public trading last month.

    Trump Media CEO Devin Nunes in his letter to Friedman did not directly accuse anyone in particular of naked short selling, which is the sale of stocks without first having borrowed such sales for that purpose.

    But Nunes noted that as of Wednesday “DJT appears on Nasdaq’s ‘Reg SHO threshold list,’ which is indicative of unlawful trading activity.”

    “This is particularly troubling given that ‘naked’ short selling often entails sophisticated market participants profiting at the expense of retail investors,” Nunes said.

    However, the SEC on its website notes that a failure to deliver shares as part of a short sale trade, which can land a company on the Reg SHO threshold list, does not necessarily reflect improper trading activity like naked short selling.

    “There are many justifiable reasons why broker-dealers do not or cannot deliver securities on the settlement date,” the SEC notes in a section about Regulation SHO.

    But in his letter, Nunes, whose company owns the Truth Social app, pointed to circumstantial evidence, which included DJT being in early April the most expensive stock to short in the United States, which he said would give brokers “significant financial incentive to lend non-existent shares.”

    The letter links to a CNBC article detailing the sky-high premiums brokers were charging short sellers for loans of DJT shares to sell.

    “I write to bring your attention to potential market manipulation of the stock of Trump Media & Technology Group Corp.” Nunes wrote.

    “As you know, ‘naked’ short selling — selling shares of a stock without first borrowing the shares of stock deemed difficult to locate — is generally illegal pursuant to Securities and Exchange Commission (‘SEC’) Regulation SHO,” he wrote.

    “Data made available to us indicate that just four market participants have been responsible for over 60% of the extraordinary volume of DJT shares traded: Citadel Securities, VIRTU Americas, G1 Execution Services, and Jane Street Capital,” Nunes wrote.

    “In light of the foregoing, and Nasdaq’s obligation and commitment to protect the interests of retail investors, please advise what steps you can take to foster transparency and compliance by ensuring market makers are adhering to Reg SHO, requiring brokers to disclose their ’Net Short” positions, and preventing the lending of shares that do not exist,” Nunes wrote.

    “TMTG looks forward to assisting your efforts.”

    A Nasdaq spokesperson told CNBC, “Nasdaq is committed to the principles of liquidity, transparency, and integrity in all our markets.”

    “We have long been an advocate of transparency in short selling and have been an active supporter of the SEC’s rules and enforcement efforts designed to monitor and prohibit naked short selling,” the spokesperson said.

    A spokesperson for Citadel Securities told CNBC, “Devin Nunes is the proverbial loser who tries to blame ‘naked short selling’ for his falling stock price.”

    “Nunes is exactly the type of person Donald Trump would have fired on ‘The Apprentice,’ ” the spokesperson said, referring to Trump’s former reality business competition show.

    “If he worked for Citadel Securities, we would fire him, as ability and integrity are at the center of everything we do,” the spokesperson said.

    A spokeswoman for Trump Media in response to that said, “Citadel Securities, a corporate behemoth that has been fined and censured for an incredibly wide range of offenses including issues related to naked short selling, and is world famous for screwing over everyday retail investors at the behest of other corporations, is the last company on earth that should lecture anyone on ‘integrity.’ ”

    A spokesman for Virtu Financial

    , the parent company of Virtu Americas, declined to comment.

    G1 Execution Services, and Jane Street Capital had no immediate comment on Nunes’ letter,

    Data from Factset shows that the short volume in DJT shares has not significantly changed since April 7, while the stock price has sharply dropped before seeing a pointed bounce in recent days.

    Short volume is the number of tradable shares being sold short during a specific period.

    The data suggests that there was no change in the pattern of short selling that affected DJT’s price during that same time.

    Trump, the presumptive Republican presidential nominee, currently is on trial in New York state court on criminal charges related to a 2016 hush money payment by his then-lawyer to the porn actor Stormy Daniels.
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  21. #348
    This is starting to maybe be interesting.

    https://www.cnbc.com/2024/04/24/djt-...ion-probe.html

    Trump Media

    CEO Devin Nunes on Tuesday urged House Republican committee leaders to investigate possible “unlawful manipulation” of the company’s stock.

    Nunes, himself a former House GOP chair, in a letter asked them to probe “anomalous trading” of the stock in order to gauge the extent of the alleged manipulation and “whether any laws including RICO statutes and tax evasion laws were violated.”

    The request doubles down on Nunes’ claim that Trump Media, which trades under the ticker DJT, is the apparent victim of “naked” short selling, the practice of selling a company’s shares without first borrowing them for that purpose.

    Trump Media, which began trading on the Nasdaq on March 26 after completing a lengthy public merger, was far and away the most expensive U.S. stock to short as of early April.

    Brokers therefore “have a significant financial incentive to lend non-existent shares,” Nunes wrote.

    The probe is necessary to protect the company’s shareholders and to ensure that “the perpetrators of any illegal activity can be held to account,” he wrote.

    The CEO addressed the letter to four House committee leaders: Financial Services Chairman Patrick McHenry, R-N.C., Judiciary Chairman Jim Jordan, R-Ohio, Ways and Means Chairman Jason Smith, R-Mo., and Oversight Chairman James Comer, R-Ky.

    more at link
    If this gets legs it has big potential for spill over effects on GME and other "meme" stocks that have been infinitely naked shorted, as detailed by me in this thread.
    Last edited by devil21; 04-24-2024 at 11:09 AM.
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  22. #349
    I want to put on the record that Ally Bank / APEX Clearing (Ally's clearing firm and who ordered the GME Buy button shut-off in 2021 for over 100 brokers, including Robinhood, who took the brunt of the public fallout) shut off the GME Buy button again today during GME's vertical run up this afternoon. Their system wouldn't process my market price share order during the run and once it finally accepted the order it has been sitting at "PENDING" and not executing. It would usually be "OPEN" or "EXECUTED" status if the order was sent to the market. Ally / APEX is not processing the order. In other words, Buy button is shut off again.

    APEX Clearing was included in the firms alleged in Devin Nunes' second letter to Congressional committee leaders about investigating firms facilitating naked shorting of the Trump stock, of which Nunes is CEO. APEX and their brokers must be buried in fake shares of GME and DJT from naked shorting.

    https://www.cnbc.com/2024/05/02/djt-...ing-probe.html

    Nunes named the following firms: Apex Clearing, Clear Street, Cobra Trading, Cowen and Company, Curvature Securities, StoneX Securities, TradePro and Velocity Clearing.

    I'm pissed, of course, that this is happening AGAIN but it's spicy. What are they so scared of? Ally won't answer the phone....

    Btw, Bill Hwang's (Archegos) criminal trial starts in a few days. Details on Archegos' collapse as related to GME and swaps are in this thread. Credit Suisse, UBS and others are knee deep in it. Some shorts may be starting to close their positions since a lot of dirty laundry will come out and Nunes is shining light on the illegal naked shorters.


    eta: As of 3:39pm GME is still rising fast and my order is still PENDING and Ally isn't answering my call. There is severe forum sliding by bots/shills on the Superstonk (GME) subreddit posting nonsense threads. Redditors reporting the subreddit was basically locked except for bot/shill posts. This is no surprise as reddit is now a Wall St company and has been fully taken over by Wall St's minions.

    As of 4pm market close, GME closed up 30% on huge volume. Ally / APEX never sent my market order. Still PENDING. Never answered the phone. Not a peep about it on MSM financial websites.
    Last edited by devil21; 05-03-2024 at 04:20 PM.
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  23. #350
    A follow-up to Friday's post above:

    Ally Invest has locked my account, disabled trading and is requiring that I call them to unlock it. Blaming it on a "system issue". THIS IS EXACTLY WHAT THEY DID BACK IN 2021 DURING THE SQUEEZE. Crooked bastards!

    I've been waiting in call queue for 1 and a half hours(!!) even though it said my wait time to speak to someone would be 3 minutes. Will they answer? Is my account basically permanently locked now? What if it stays locked and they never answer? I have other non-GME positions, including options, that I can't manage while my account is locked over their "system issue".


    But yeah everything is fine and markets are efficient, transparent and honest and there's absolutely no $#@!ery going on with GME or any other stock. Trust me bro.


    eta: update - I got a call through at 11pm. They said my account would be "fixed" this morning and available again. Exact same script as the 2021 squeeze. Clearly Ally / APEX shut off the buy button again until momentum died and volatility settled down. It's crazy that they can continue to do this in breach of their fiduciary duties, since they are NOT operating in their customer's best interests, which is a requirement of being a fiduciary to someone else's money and property. They are operating in hedge fund's and Citadel's best interests, not their own customers.


    eta:
    Reuters: Regulators told to be ready to handle collapsed clearinghouses.

    https://www.reuters.com/business/fin...es-2024-04-25/

    Probably nothing?
    Last edited by devil21; 05-07-2024 at 03:53 PM.
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  24. #351
    GME is up 77% today so far. Normal market movements, yes?


    Bill Hwang's trial is underway. Worth a read to catch-up/refresh/learn.
    https://www.reuters.com/legal/bill-h...ng-2024-05-13/
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  25. #352
    https://x.com/Cancelcloco/status/1798795323458064561






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  27. #353
    May we live in interesting times.


    eta: I watched DFV's stream. Pretty strange and not much noteworthy but what it did accomplish was prove beyond a shadow of a doubt that the allegations by Wall St and their paid-for media outlets (lookin' at you CNBC and Yahoo...Yahoo is owned by Apollo Global hedge fund) are scurrilous, that DFV is not manipulating markets and it is not retail moving the price around, either. He both streamed and showed his positions yet the price continued to drop and halt repeatedly on gigantic volume. Max Pain for GME options expiring today is around $30. Citadel nearly without fail slams the price to hit Max Pain on Thurs/Fri to screw the most options holders on behalf of Wolverine Trading, GME's options market maker.

    Surely DFV has retained very good legal counsel and is being advised on how to defend against the market manipulation allegations. Today's stream did exactly that. And GME has about $4billion cash now to boot.
    Last edited by devil21; 06-07-2024 at 01:23 PM.
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  28. #354

  29. #355
    Yes, it is a giant scam but all scams must end eventually. Nothing lasts forever.

    Did anyone notice how GME's shareholder meeting was late getting started, yet tons of shorts and lower bids were started at exactly the scheduled meeting start time? The price was being slammed before the meeting even started, then later CNBC runs an article blaming the price slam on the contents of the meeting? The manipulation, followed up by blatant lies as to how/why. This has to stop. I think that with Kitty's livestream price slam (which also started before his stream started but was later the "cause" of the slam according to media) and now the clearly-timed shareholder meeting price slam, the SEC has more than enough evidence to crack down on this $#@!, force relevant parties to start clearing the fraud from the books and let this squeeze play out without the blatant manipulation suppressing it. I think that's going to start happening soon and go on for the next few weeks. All the pieces are there. The SEC needs to sack up and do its JOB.
    Last edited by devil21; 06-17-2024 at 05:39 PM.
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

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