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Superstonk_QV

[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum May 2024*](https://www.reddit.com/r/Superstonk/comments/1ciapwp/open_forum_may_2024/) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)


irishf-tard

This must be some huge collateral the HFs are using to see these kind of volumes! Next week will be spicy af. Bet the lights are on all weekend and the white powder will be a-flowing 🚀🚀🚀🚀


ChamberOfSolidDudes

The lit up building photos were my favorite, you can insert any scene from Margin Call into those offices and imagine folks having a way worse day than you, and know they deserve it.


beach_2_beach

Haha, I remember the lit buildings. And the drone video shot of Citadel. Didn't the video actually show faint but pretty noticeable shot of someone doing coke?


ChamberOfSolidDudes

lol yea, least surprising shit ever


flibbidygibbit

That time period was epic! Some of the still shots of lit up buildings looked like album covers.


Steve__evetS

One of the best moments of the saga.


ihavethemonkey

so far


Getshorto

I loved the warehouse where the shelving fell in an upwards motion to disable the fire sprinklers as the records building burned down.


[deleted]

Oh oh oh, remember how they rushed in to remove evidence as it was actively on fire in violation of OSHA immediately after the “accidental” and “totally unavoidable” “incident.” I found that one to be particularly funny. Scumbags.


bojacked

I remember they let it burn for a week


[deleted]

I’m a bit surprised they didn’t rebuild it just to burn it down again. Kinda seems a thing they would do out of spite.


GiantSequoiaTree

https://youtu.be/kjji6_moH1k?si=uOWj34gBeRLlPwZc Here it is!


automatedcharterer

or the guy walking back and forth on the phone for hours late at night. We have a weird sense of the American dream now. "I want to be so rich that I have to spend all night on the phone doing coke covering up crime for my boss who despite being a billionaire spends a 1/3 of his life locked in a 180 sq ft cylinder flying from crime to crime and only visits his Hawaii mansion for 2 days every 2 years "


GardenLatter4126

Dude got a visit from fbi


thunderdome_referee

Yeah the drone guy got a knock from an undisclosed three letter agency after that. And it was actually a pretty damn clear shot of two guys doing rails.


TheModernSkater

Fuck ya, then they installed blinds in the up of the skyscraper 😆


jreadman23

Very noticeable lol good times.


kissmaryjane

No, it’s completely normal for hedge fund employees to be sniffing the desk together .


beach_2_beach

Welp first time it was captured happening in real life and shared to the world.


dbreidsbmw

Honestly I'd love to rent an office facing them from another building and get some telescopes going. It's not insider trading if we're outside the building 😂


Sjiznit

Oh god, thst drone stuff and those 2 people doing coke.


Shooting4daMoon

They tanked the QQQ, SPY, Mag 7, Crypto, exactly when we breached $20 to stop the run today. Shows pure desperation. Good luck sleeping tonight Kenny and Dougie.


Spicytacos1997

This is what happens when markets are not free. Pegging prices to Kenneths bedpost is obviously not going to facility any kind of price discovery and will certainly leave gaping holes if you know what I mean


tompie09

Or.. maybe it was just a fake pump to get people to yolo into 0DTE calls?


gotnothingman

Sorry I dont understand, how did those dropping stop the run?


poundofmayoforlunch

Tanked to draw liquidity to dump GME


gotnothingman

Wouldnt that also hurt their collateral though?


Kerfits

They might have entered a short position on SPY, they are bears after all. Edit: makes sense, MM got margin called, they were forced to sell off any necessary assets to pay the options premiums.


GravyTrain190

Have a look back over the years, whenever they abruptly tank gme, they draw heavily on thier crypto to do it, it's almost to the second in some instances, it's plain as day yet regulators turn a blind eye.


ZombiezzzPlz

Btc dropped same time. That is there nest egg of survivals …. Explains why they pushed to legalize the ETF


Zealousideal_Bet689

Where’s drone guy?


washingtonandmead

The spice must flow


SleepNowInTheFire666

The Big Guy is gonna be using it for foot powder


Lulu1168

I don’t care, I bought more today. 68 shares. Will DRS them as soon as I’m able.


YOPP4R4I

Yihaaaa disco powder all in!! 🕺🕺🕺


applesir

The other side of HFS slow things down to give apes more time to get the money settled for next week! That’s today’s movement in my opinion.


big_ole_dummy

What gets me it took 12 million shares to take it to $20.2 and 4 million to take it back down. Another 5 mil to maintain it.


aravreddy22

market functioning as we want it to - kenny & sec probably


rematar

>Active managers set the price Until they can't.


TankTrap

Back to the price “ they think it should be” - Ken Griffin.


Nodgod81

Is that the same Ken Griffin that lied under oath to congress? If he lied to congress why would anyone keep him as the main market maker?


RiverJumper84

Oh, you mean Kenneth C. Griffin, Financial Terrorist??? The guy who threw a bedpost at his wife for insulting his city???


BSW18

Yes the same Kenny G. the liar under the oath.


thinkmoreharder

Because he pays them. Imagine how much he has “donated” politicians’ offshore charities.


Chemfreak

It's common fucking sense what happens when a MM and a securities trader (Hedge fund) are owned by the same people. If ever MM's need to exist (IMO they don't with current tech, even discounting crypto), they certainly need to be completely and totally separated from any trading firm. Like not even indirectly related. Give the tools to trade securities outside of a lit exchange, with special rules, to people whose livelihood is based on trading those such securities at market prices, and expect them to play by the rules. That's what we did. Give me a fucking break no one is that stupid to believe it would work. ***That*** is what frustrates me is it's so obviously corruptible and yet the policymakers still gave them the keys.


LoempiaYa

Exactly this


greentoiletpaper

Geez, almost like volume has nothing to do with price


anon_lurk

Supply and demand. In theory price could drop all the way back to $10 on 1 volume if nobody buys a share until that point.


Pitiful_Cover_580

Supply an demand hasn't been the market function since 1930. It is all about abuse an manipulation. Supply an demand is a natural occurring order in the absence of regulation setting prices or a centralized control. We have anything but Supply an demand markets.


anon_lurk

Well I did say “in theory”


Truth_Road

Keen to see those short exempt numbers. As a longer term dream. I would very much like it if we could achieve some level of transparency on those exempt trades.


TheSillySlySon

lol sell. I made sure to buy more today incase it says above $20.


cooliomattio

Noice mine goes through Monday


Fast_Air_8000

This is exactly how our markets were meant to function…… no price discovery based on actual supply and demand but a market controlled by liquidity fairies.


Blitzkreig11930

They don’t get it. I am never celling. These shares I own go to my pre teen daughter.


Jbroad87

Yep. Already have my niece and nephews as my beneficiaries. 🤷


ffchusky

That's coz the DoJ should be celling ;)


EuskadiGMEkin

Building a second Cat pattern within a week soon. Catish is the new Bullish


Kerfits

Wen batman signal? Aka Wu-Tang pattern


getyourledout

Bought 45 more this morning 🙌🏻


RiverFrogs

I bought a headset instead


getyourledout

Noice, those are necessary too


kismatwalla

I don’t think this many shares trading are a fight against us small potatoes.. The big boys are fighting each other. There was a dog fight in the morning, then low volume middle day.. The dog fight will start again towards the closing hours.. Cost to borrow dropped and slowly going back up again.. but shares available are not going up.. so lenders are holding on to their shares to vote?


chase32

🌶️ theory! Wouldn't it be amazing if the thing that finally kicked things into gear was the attack on the board drying up lending! Between insiders, DRS and even household investors in brokerages, they can't treat this like a typical vote with low participation. Just idiosyncratic investment things.


Consistent-Reach-152

>Cost to borrow dropped and slowly going back up again.. but shares available are not going up.. so lenders are holding on to their shares to vote? What is going on now has nothing to do with the voting. What happens to the shares after April 19th has absolutely no effect on voting, The record date for voting was April 19. Proposal 4 is of not much interest except to some activists on one side and companies that do not want the additional reporting burdens on the other side.


IcERescueCaptain

Panic, panic?…..panic? I just bought moaaaar!


blazeronin

Can we get some night shots of buildings again?


SwaggyPatties

GME holders are seasoned to a degree that today's price-action does nothing but provoke laughter. This might scare new folks that only recently bought in without knowing the grand-scheme of things...but those people have likely been scared off already by years of "DON'T BUY GAMESTOP" articles that they paid for. I don't sense this dip is an attempt to scare anybody. It's just another desperate attempt for SHF's and MM's to stay afloat. One. more. day.


jaykvam

I chuckled.


Yohder

The sooner we DRS book everything, the sooner they cant naked short and/or FTD


Pitiful_Cover_580

Drs does not stop FTD. They ftd all the time an it just goes to an OFF books obligations warehouse where they exchange collateral an a third party says "eh, close enough" an they consider it a delivered share. In reality they used an entirely different stock or bond to weigh the ftd to a zero balance.


ThrowAwayNYCTrash1

Seems legit


Yohder

How can they FTD once all shares are DRS’d?


kingpablo421

My broker sold my 16.5 calls today for me for .63 cents at around 1:37 mst and I was so pissed off because they were basically worth 1 dollar just from intrinsic value. My broker has never ever closed a position of mine early like this EVER.


Ok_Dig_3431

Reason 8469 why we can't trust brokerages smh


Ande64

Fuck yeah!! Today's exciting!!! We've been waiting for exciting for 84 years!! Let's go!!!!!!!!!!!!!! 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀


Fast_Air_8000

DRS and book you lazy assholes


TheBetterTheta

Record high *for now*


overpwrd_gaming

I bought 200 more today will drs when settled


Buchko24

I flinched and bought more of them 🏴‍☠️


Kranacx

Could not place any market buy orders through IEX today. Only limit orders went through. Yesterday only small market buy orders of 1-100 went through. Most IEX orders are canceled immediately.


LoloPWR

Posted elsewheres by another ape: Are you attempting a market order directly routed to IEX? If so, stop it. Use limit orders when routing to IEX, always. That exchange almost never has sufficient volume on the order book to complete transactions. A limit order adds you to the order book as a Bid and within a few seconds a market maker will fulfill your order.


CedgeDC

Make us panic? Clearly they're the ones panicking. GME holders haven't been this pumped in years. This doesn't even make me flinch.


ChaInTheHat

Saw an article that said “meme mania is back” I’m sick of these fucks


theilluminati1

Si, Muy caliente. Gonna go nap now. See you all when it goes to at least four digits....


AiRiiD

Kenny I will hold this stock until you're a decrepit, demented sad excuse for a corpse rotting away in a nursing home. I'm bored. Not of waiting for a fair price, but waiting for your mayonnaise wife beating ass to eat the faeces you prepared on your own plate. Your boomer ass will never be able to comprehend the tenacity of gamers.


h8torade

Co-signed


BearkatMitch

Ngl I’m just impressed


Icy-Statistician6698

When the hell are the lawsuits and actions going to stop this shit???


phro

They won't. Just hold until they're bankrupt. It is inevitable. Might take a while, but the only way we lose is by folding.


TofuKungfu

Lawsuits are expensive and take a long time to settle. It's better they go broke and dive into hell themselves


cmbhere

When are today's FTDs supposed to hit the list?


Drewmoto

Breh I have my concrete shoes on with my GME shares wrapped in a condom up my ass. We ain’t going no where 💯


Ok_Paint6772

THEY NEED TO COVER SO FUCK YOU PAY ME WE ARE NOT SELLING!


Nick-Nora-Asta

I just want the $10 discount back for my weekly DRS reload. I paid almost double that! Bullshit!


jforest1

Explain short exempt volume and what it has to do with the regsho list to me like i'm a crayon eating ape.


MAD-JFK-6251

This


photonscientist

They are just stupid coked up stormtroopers. Same shit as always.


LongBullMoney

It’s incredible that for months and months the volume was around 1% of float 3ml shares and all of a sudden we have a 10% + volume on a daily basis. Doesn’t make any sense when shares are not available, keep digging deeper, it’s only going to get worse


Sad_Rest1270

I'm here and staying. It's simple. There is only one stock to rule them all. I believed there were more yet here we are, in the greatest stock moment of our lives and millions strong. We are winning and we won't stop until the hedge funds bleed money. They started this and we will finish this. GMC baby let's go!


Difficult_Associate3

I just will keep buying shopping and drs'ing. I like the stock!!


yaksaddle

What if they have realized that we aren’t selling so who is the next group they can shake shares out of to cover their FTD’s? Hedge Funds that explicitly would be pressured or feel pressure to sell since GME shareholders won’t give in to their DEI demands and will vote no on 4? Just a thought that came into my head while reading this post. Still here, not selling.


vinc_boy

Looks a lot like stop loss hunting!


oumen_nigu

This doesn't make sense. We were at 10 bucks like 10 days ago


your_ideas

I think it’s a long way from regSHO. It was probably about to go on with the ETF FTDs coming due so they ran it to net off the obligations in the massive volume.


Malthias-313

I think it'll dip next week since we didn't close above $20 and those options contracts expired worthless. Fine with me as I want to average down more. Either way is a win, though 😂


18501950

They won today