Gamestop Corporation (GME)

[WALL STREET KID]

🔥🩳🔥 $GME has been a focal point of market discussions in recent times. From overnight trading warnings to speculation about market manipulation, GME has captured the attention of investors. Let's dissect the recent developments and understand what they mean for GME enthusiasts.

The recent warning from Robinhood regarding overnight trading on GameStop has raised eyebrows among investors. While the exact reason for this caution remains unclear, speculation about potential market moves is rife. However, until more information emerges, the future trajectory of GME remains uncertain.

Concerns about market manipulation have also surfaced, with reports of fractional shares of GME being filled at exorbitant prices before trading was halted. This has fueled suspicions about the role of high-frequency trading algorithms in influencing GME's price action.

In terms of price movements, GME has experienced both green and red days on the stock market. Some observers have noted trading patterns reminiscent of a swap basket, suggesting the influence of sophisticated trading strategies.

Another intriguing development involves AMC FTX tokens backed by actual AMC stock. When FTX went bankrupt, they reportedly failed to reinvest in the underlying AMC stock, raising questions about the reliability of synthetic assets.

In the midst of these uncertainties, one thing is clear: the GME saga continues to unfold. Whether you're a staunch supporter of the "stonk" revolution or a cautious bystander, the impact of GME on the market cannot be ignored. As we navigate through these turbulent times, staying informed and exercising caution is paramount for investors.

🔥🩳🔥 $AMC 2 BILLION SYNTHETICS JUST CREATED! $10248/SHARE! Short Squeeze Update

🔥🩳🔥 All Tweets In This Post Are From The Above Video, Click Image To Expand Print/Images Or Play Video In Tweet

https://x.com/Franks_Facts/status/1799843573871075363

Pathetic

I mean I knew they were scared shitless of the cat system but wow pic.twitter.com/sky3plm1Rx

— (Inspector)AMCBiggums (@AMCbiggums) June 6, 2024

So wait!! AMC ftx tokens were backed by actual amc stock (500 million shares worth) and when ftx went bankrupt they didn’t go buy back into/close into the actual amc stock. So 500 million share alone just went poof??? https://t.co/bYtWXqfZJf pic.twitter.com/txKksdOhZ4

— Crystal P (@nolapools) June 10, 2024

Bill Hwang of Archegos has said that their gross exposure, the sum of its long and short positions, was $160 billion by March 2021, per Bloomberg.

The total value of its long positions were $106 billion.

— unusual_whales (@unusual_whales) June 10, 2024

DTCC has uploaded a reference guide for the Unscheduled Closing Of Exchanges And Markets For Clearing Agencies ⚠️

The Plan: Lock out everyone but Major Participants pic.twitter.com/reQDz0LJoa

— M.B. (@741trey) June 5, 2024

"but $GME didn't break the stock market"

fractional shares were getting filled at $5K in the 30s before the buy button shut off pic.twitter.com/7Rf5uOk4QY

— Peruvian Bull (@peruvian_bull) June 9, 2024

Surprised yet? https://t.co/gvBMpKn82u pic.twitter.com/N0tXozwCDa

— Eduard Brichuk (@EduardBrichuk) June 10, 2024