ppl in the 1920s: ppl in the 2020s: I have never had any of those I lost my house, my job, and all my savings! I'm ruined!

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Origin Entry: WallStreetBets GameStop Short Squeeze

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Your wish is my command. I wish that I hadn't lost billions in shorting Gamestop. @DanbyDraws All Wait, wait, the others have to see this. That was you? АНАНАНА!! ((!!) HA HA HA HA HA!! www danby draws comics

MELTDOWNERS STOCK DIVIDEND 50 MILLION DOLLAR GME SHORT MELTDOWNERS 50 MILLION DOLLAR GME SHORT

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this is for you dad

r/wallstreetbets u/Space-peanut 38m 1 1 1 14 S 5 3 This is for you, Dad Gain I remember when the housing collapse sent a torpedo through my family. My father's concrete company collapsed almost overnight. My father lost his home. My uncle lost his home. I remember my brother helping my father count pocket change on our kitchen table. That was all the money he had left in the world. While this was happening in my home, I saw hedge funders literally drinking champagne as they looked down on the Occupy Wall Street protestors. I will never forget that. My Father never recovered from that blow. He fell deeper and deeper into alcoholism and exists now as a shell of his former self, waiting for death. This is all the money I have and l'd rather lose it all than give them what they need to destroy me. Taking money from me won't hurt me, because i don't value it at all. I'll burn it all down just to spite them. This is for you, Dad. Vote 205 1 Share Award

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AlternateHistoryHub Weighs In

AlternateHistoryHub @AltHistoryHub In the 17th century, the Dutch Republic created the stock market to invest in voyages to the East Indies. This created the bedrock of capitalism. The practice lasted for four hundred years until shitposters inflated Gamestop's stock as a meme and the whole system collapsed. 10:55 AM · Jan 27, 2021 3.8K 591 S Copy link to Tweet

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"find happiness in the small things"

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He actually did it, the absolute Madman!

$GME GO BRRR MOLLDVR Bought a billboard in NY

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Hank Oslo discusses the stock speculating anons

Hank Oslo @xctlot · Jan 27 We're now years deep into a situation where random anons are empirically better at everything from journalism, to epidemiology, to f------ stock speculation than people intensely vetted by existing institutions. You starting to think those filtering processes are broken? ♡ 51 27 1.2K 3.9K Hank Oslo @xctlot Replying to @xctlot There used to be a time when smart guys from nobody families in flyover country would get scooped up by academia, the army, etc and five years later they'd be designing parts on jet fighters. Now, they end up un/under employed, depressed, and with some... interesting hobbies

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Amish dudes investing after investing in gamestop

Amish dudes after investing in gamestop

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Apes Together Stonks

Apes together stonks

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u/deepfuckingvalue hitting front pages out here in Canada

BRADLEY THE WEALTH MANAGEMENT INDUSTRY IS PATHETIC WHEN IT COMES TO TRANSPARENCY, SO BE YOUR OWN ADVOCATE ON FEES AND RETURNS. FP6 CANADA'S BUSINESS VOICE, S ATURDAY, JANUARY 30, 2021 THE DUDE WHO BROKE WALL STREET GAMESTOP CORP. GME/NYSE INTRADAY FP financialpost.com NEWS Jan. 27 Tax battle between the CRA and Canada's big banks shows no Jan. 25 Jan. 26 Jan. 28 Jan. 29 Keith Gill – the man behind this week's spectacular GameStop short squeeze' – is a cat lover, mullet wearer, chart fan - signs of abating. FP2 - idway through last sum- he said to the camera in his suburban On Friday, he was identified as the only-live-once" type of bet on a stock. mer, Keith Gill wanted to Boston basement. He was wearing a talk about GameStop Corp. kitten T-shirt and a snapback hat atop (DFV) account that has reached folk ition were first derided by other users, Shares in the struggling his shoulder-length hair – a style one hero status on Reddit in recent weeks. man behind the DeepF***ingValue The regular screenshots of his pos- COMMENT M chain of video-game stores were YouTube viewer mocked by saying, trading around US$4, but he had "Nice mullet, cat boy" been heavily invested for more than a year and was still so excited about its prospects that he devoted the first I think I'm right," he said of his long buy up GameStop shares. instalment of his Kitty Corner video position on GameStop, which oper- but slowly started to gain a following. Meanwhile, several major hedge movement on the WallStreetBets sub- funds had taken out massive short reddit, emboldening hordes of retail positions in the company, essentially That account stirred up a major Why Canada's housing prices may be rising faster than those in U.S. aider-Moranis. FP12 Gill laughed off the jabs. "I think everyone else is crazy and investors who follow the channel to borrowing shares and selling them, wagering that the share price would In mid-2019, DFV started posting drop and the fund would be able to screenshots of his brokerage account, repurchase the shares at a cheaper Months later, Gill's belief in showing a US$53,000 “YOLO" pos- price, repay their debts and profit on series to the company. ates as EB Games in Canada. "Some people won't even tune in- to the stream right now when they GameStop has been proven correct, al- ition on GameStop – slang in the the difference. hear that I'm bullish on GameStop," beit under very strange circumstances. WallStreetBets channel for a "you- See GILL on FP4 IARKETS FINANCIAL POST

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GameStop covered in Taiwan news featuring DFV

中天全球康場 cti 中天新聞HD 1/27買GameStop股票 74萬5991美元=新台幣2089萬元 >價值達4797萬3298美元 =新台幣13.4億元股價大漲135% 寫下創紀錄每股347.51美元 1728194美元 >損失1500萬美元 =新台幣4.2億元吉爾「G 29介325美元 GAK 年初18美元=新台幣504元/股 nasonlo 「特報主播彭響儀。美國 13~18 運江炒熱GameStop 幕後推手:沒想到會這樣 11:46 防堵疫情防疫漏洞?台南甜點節照辦湧人潮市府急喊卡 SAMSUNG

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"The real reason Wall Street is terrified of the GME situation" : Theory about the GME situation

The real reason Wall Street is terrified of the GME situation Discussion (self.wallstreetbets) 44.5k soumis il y a 10 heures * par johnnydaggers 2 3 ©2 e & 660 more I have been following GME since mid-September and over that time I have banked myself a %1300 return in the process. However, the whole timel was a little puzzled with how severe the reactions from Wall Street have been, especially this week. "The company had more than 100% of its stock sold short! That's never happened before!", you say. I know, I know, but that's not actually not a new thing. A short squeeze, even one of this magnitude, should have squoze by now with GME up more than 10x in the span of weeks. Something is just not right. I think there is something much, much bigger going on here. Something big enough to blow up the entire financial system. Here is my hypothesis: I think the hedge funds, clearing houses, and DTC executed a coordinated effort to put Game Stop out of business by conspiring to create a gargantuan number of counterfeit shares of GME, possibly 100-200% or more of the shares originally issued by Game Stop. In the process, they may have accidentally created a bomb that could blow up the entire system as we know it and we're seeing their efforts to cover this up unfold now. What is that bomb? I believe retail investors may hold more than 100% of GME (not just 100% of the float, more than 100% of the actual company). This would be definitive proof of illegal activity at the highest levels of the financial system. For you to follow this argument, you need to go read the white paper "Counterfeiting Stock 2.0" so you understand how the hedge funds can create fake stock out of thin air and disguise it so it looks like real shares. They use these fake shares in short attacks to drive the price of a company down until they put them into bankruptcy. This practice seems to be widespread among hedge funds that go short. There is even a term for it, "strategic fails-to-deliver." Counterfeiting shares is extremely illegal (similar level to counterfeiting money) but it's very difficult to prove and even getting the court to approve subpoenas because of the way the financial industry has stacked the deck against investigations. This completely explains why so many levels of the financial system seem to be actively trying to get in the way of retail investors purchasing more GME. It's not just about a short squeeze, it's about their firms' very existence and their own personal freedom. We have the opportunity to put all these people in jail by proving that we own more than 100% of shares in existence. There are are 71 million shares of GME that have ever been issued by the company. Institutions have reported to the SEC via 13F filings that they own more than 102,000,000 shares (including the 13% of GME stock is owned by Ryan Cohen). Now, I don't know the delay/variance on these ownership numbers, but I think there is a pretty solid argument that close to 100% of GME is owned by these firms, if not more. Moreover, there are now more than 7 million people subscribed to r/wallstreetbets. I know lots of people here are sitting on a few hundred shares that they bought back when it was under $50. Some of us are even holding thousands. If the average number of shares owned by each subscriber is even close to 5-10, we have a very good shot at also owning a similarly enormous amount of GME. Even if the average was just 10 shares per legit subscriber, that puts the minimum retail position at about 30-50% of the entire company. GME has been on the NYSE threshold list for almost a month. We don't have January data yet, but I just analyzed the data from the SEC's fails-to- deliver list for December (all 65,871 lines of it) and looked up the number of shares that were likely counterfeit. For comparison, I did the same for a couple random tickers. Most companies have close to no shares not show up. Of those that do, it's a relatively small number of shares. For example, two random companies: Lowes ($LOw, "$125B market cap) had 13,960 shares fail to be delivered at its highest point that month, Boston Beer Company ($SAM, $11.5B market cap) had 295 shares fail to be delivered. How many shares of GME failed to deliver? 1,787,191. As the white papers points out, the true number of counterfeit shares can be 20x this number. How bad do you think that number will be when we get the numbers for January? I'm willing to bet its many times that. Look at how that compares to other companies' stock: Histogram showing number of shares that weren't delivered in December (x-axis) vs the number of companies that fall into that bin (y-axis). GME is lan extreme outlier. I think this explains all the shenanigans going on the last few days. There is way too much counterfeit GME stock out there and DTC, the clearing houses, and the hedge funds are all in on it. That's why there has been such a coordinated effort to disrupt our ability to buy shares. No real shares can be found and it's about to cause the system to fall apart. TLDR; We probably own way more of GME than we think and that is freaking out Wall Street because it could prove they've been up to some extremely illegal s--- and the whole system could implode as a result. Disclaimer: I'm just a starving engineering PhD student and I don't work in finance. I have no inside knowledge of how the financial system works and I may be wrong on some of this. This is not financial advice and you shouldn't trade based on it. I am book-smart but I still eat crayons like the rest of you. Obligatory rocket: EDIT 0: Looks like I truly belong on this sub. On the first version of this post I didn't read the file description properly and summed a cumulative distribution. My numbers were wrong, but I have updated the plot and post with the correct numbers. EDIT 1: You should also note this is the distribution for NASDAQ tickers, not the entire NYSE. I doubt that the distribution trend is any different though. EDIT 2: Evidence that Fannie May and Freddie Mac were killed in 2008 via short attacks using counterfeit shares: report. Exactly what I think they were trying to do to GME. EDIT 3: A lot of people were hung up on the "3 shares per wsb subscriber thing". I know many accounts are bots, I was intentionally underestimating that number. I have adjusted to 10 shares per "legit subscriber" to reflect this without changing the total amount I think retail owns. EDIT 4: What I'm seeing on Twitter makes me think I'm being interpreted a little too hyperbolically when I say "Something big enough to blow up the entire financial system." We're not going to go back to mud huts, people. This could just be really disruptive for a short amount of time and cause a number of firms to face liquidity problems, possibly bankrupting some of them. Life will go on and I'm confident regulators and government will step in and protect people if necessary. Hopefully they pay more attention to enforcing securities laws going forward to prevent this from happening again.

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Gamestop short 2.0. Silver Sterling Electric Boogaloo

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dramatic music plays

ECONOMIC WARS GameSton "They kept calling my house and asking if I had any copies of Battletoads. I don't even know what that is." -A Hedge Fund Manager ER Stonks.

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+105

WallStreetBets GameStop Short Squeeze - 2020s swole doge never had any of those things in the first place

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ppl in the 1920s: ppl in the 2020s: I have never had any of those I lost my house, my job, and all my savings! I'm ruined!

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TerribleTrike

TerribleTrike

Feb 02, 2021 at 09:56AM EST in reply to Armchair Psychologist

Nearing 30 myself. Actual pain.

+11

Cickany1990

Cickany1990

Feb 03, 2021 at 06:10AM EST

"You merely adopted poverty, i was born in it, molded by it. I haven't seen any money till I was a man, and then I cast it away because it was blinding!"

+10

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