But, weren't we assured that all shorts had closed during the '21 sneeze?

I mean, MSM would never outright lie to us, right?
And all those regulatory bodies, like SEC, DTCC, they would never take us for a walk in the park, right?

Something tells me to buy some more $GME at these discount-prices and DRS those moon tickets.

Hedgies gonna lose their 'collateral'?

https://www.reuters.com/article/usa-bonds-buybacks/us-treasury-asks-major-banks-if-it-should-buy-back-u-s-government-bonds-idUSL1N31F1J5

......tick, tock, tick, tock

You hearing crickets? Gotta listen a bit closer then.....

......tick, tock, tick, tock

You might be on to something here. Collateral is nose-diving, so who knows?

First short to cover might leave unscathed, but could get this snowballing real fast.

AH volume has one thinking. No?

$GME the only stock ending green today?
Must be nothing.....

You mean, we could have bought stocks that are currently being held up by the Fed's Plunge Protection Team?
And see that stock fall of the cliff when the Fed decides it's time?
Such a super cool suggestion.

We should be concerned about Credit Suisse and the Fed’s Plunge Protection Team
https://twitter.com/LisaBraganca/status/1577336038619586565

LMFAO!!!!

"After BCG filed the lawsuit, GameStop responded by filing a formal request that the court dismiss the case. BCG received an extension to file a response to the motion-to-dismiss petition but ultimately did not do so."

Puts the $30M figure in perspective as well:

"Even if GameStop is forced to pay $30 million, the company can afford it. After all, it ended 2021 with $1.3 billion in cash and cash equivalents."

GameStop: What You Need to Know About the BCG Lawsuit

$4,800,000,000,000,000 would suffice IMO
That's 4 quadrillion, eight hundred trillion dollars

OUCH

You think? That would be awesome!

All it says is the OCC can now tap, with a limit of $35 Trillion (!!!), into Average Joe's pension, just to save a member from defaulting.

Crazy amount of money (which, no doubt, they are going to need), just to save a member from defaulting.
Makes you realize how sick the system is, and how over-leveraged their members are allowed to be.

However, even $35 Trillion won't be sufficient to cover their GME short positions.

Must read: The Securities and Exchanges Commission (SEC) has removed a $1 billion cap on the amount of pension funds that can be tapped by the Options Clearing Corporation (OCC) in case one of its members defaults.

Allowing the looting of Average Joe's pension pot in favor of saving it's (one) member from defaulting.

They know what's coming, and the 35 Trillion dollar pension pot won't even be sufficient.

Ouch, just OUCH

Self-Regulatory Organizations; The Options Clearing Corporation; Notice of No Objection

Institutions won't be so eager anymore to sell in favor of saving Kenny.

Rocket is on the launch-pad, and no fuel-leaks here to postpone its launch.

LMFAO as well.

Can you smell it?

Yup.

PricewaterhouseCoopers have been appointed liquidators to the winding-up of Citadel Europe, making sure no books and/or records get destroyed preliminary.

Fun times ahead as it surely will leak over to their US LLP, making Kenny look 'not so good' to his investors.

Christmas may arrive early this year.

Source?

Because crime.

But luckily for us the SHF's dug deeper for a whole year, to now only loose out even bigger $$$ because DRS
In fact, their survival depends solely on apes willing to sell their $GME or not.
So in reality, their days are numbered now DRS is having its effect and $GME tossing some good stuff in the baggies.

Nice AH action btw

Have a good night....

F3 button is gonna cost SHF's dearly.

LMFAO

Usual business would be 'Buy the rumour / sell the news'.

But seeing the price-action these days makes me think this time it's going to be the other way around.

So I vote UP (Thursday AH)

Yeah, and $GME moves totally organic.
It's nothing but fair price-discovery when ~%90 buys send a stock south, right?

Sad to see US stock markets are so clearly broken beyond repair.

DRS will fix the lot for $GME, though.
Looking forward to seeing the CS numbers ??, come Thursday.

It's so common to see a crazy dip before any RIP, that I wouldn't be surprised to see this being that dip leading up to MOASS

DRS'ing a 47M float should happen a lot faster while sub $100 btw...

Win/Win
Tick Tock

$10 soon per the 'other Guru'

Interesting how there seems no mention here on Ryan Cohen (yep, the one from $GME) having bought a few shares and call options on $BBBY:

https://imgur.com/a/aHFOMxp

Finally!

Now off you go, Buy HODL and DRS your $GME ;)

Both probably.

However, imagine owning yachts, Lambo's and enough money to live through at least a thousand lives.
And then, out of pure greed, making the one BIG mistake that wipes out all and has you ending up sitting behind bars, dressed in a fancy, second hand, orange jump-suit. Ouch.

Their BIG mistake was for them to not call defeat (@ just a few $100 a share), but calling victory. All the while digging a hole so deep only a bunch of Apes and the DoJ could find them.
Guess what? They did!

Unless the DoJ has sufficient evidence against Citadel, no way this would get out in the open. So yeah, they at least are on the hook now.


The DoJ is not like the DTC, Finra or SEC, who just slap on the wrist when caught for wrong-doing.

Yeah, it's only, and just, 34% of the OS that's in institutional hands.

However laughably small % wise (uhum), taken what is free-floating it's closer to 45% held by institutions.

I wonder what the DRS# are going to look like.

- And why do I smell burning shorts? -

Newsflash!

On January 28, 2022 (“Transaction Date”), GME Entertainment, LLC (“GME Entertainment”), a subsidiary of GameStop Corp. (together with GME Entertainment and its other subsidiaries, the “Company”) entered into a Protocol Services and License Agreement with Immutable X Pty Limited (“Immutable X”) pursuant to which Immutable X will become a technology partner and platform for the Company’s non-fungible token (“NFT”) marketplace. GME Entertainment also entered into a Grant Agreement effective as of the Transaction Date with Digital Worlds NFTs Ltd. (“Digital Worlds”), which encourages the development of projects using technology of Immutable X by issuing grants of IMX tokens. The Grant Agreement establishes a commitment to provide up to $100 million in grants of IMX tokens to support creators of NFT content and technology, and also provides for the grant of up to $150 million in IMX tokens to the Company upon the achievement of certain milestones. The number of IMX tokens to be granted to the Company was based on the 7-day trailing average of the IMX USD closing price preceding the Transaction Date

The narrative of closed short positions has failed on hedgies.

With borrowing rates jumping up over a certain %, GME now has appeared on the IBKR 'shorted stocks list'.
And guess what? It has the top position.

Funny times ahead for sure.

Hence the 'buy button deletion' @ RH. Remember that one?

Soon you will understand

If those 513M shares are what AMC officially registered for their circulating stock, they are right. After all, how can anyone register more shares then officially available.

The SHF's have a problem explaining where these extra shares reside, where they came from, how they will cover them, to make the numbers for the AMC stock to match again.

It's not about the medium, it's about the audience.

Chances are you hit a swimmer?

Yeah, still waiting for your $40 call to become reality.
Dripping upward, so to speak.

They have more proof of SHF's not having covered then those repeating they have.
So no, I don't see it.

Yeah, 5% down after 27% up the previous day is really such a bummer.

But, but.... newbie says dark pools are a myth.
GG must be mistaken, right? Right??

Fossil behemoth General Motors?