https://www.reddit.com/r/GME/comments/1cpkrt0/superstonk_needs_to_allow_the_original_heat_lamp/
It's become so well known and now that multiple experts are weighing in and saying it's possible, the SS mods are trying to sweep it under the rug by saying it's an "already known" DD that doesn't need to be rehashed.
Excuse me, but what the fuck?
The SS mods caused so much harm to the ape community over this. They silenced people, they banned people (including me) and thus slowed down the flow of shares going to pure book that could have caused MOASS so much sooner.
Not too long ago platinumsparkles made a nonsense post taking part of a GME earnings call out of context and tried to say heat lamp is dead. I called her out on it, and of course she never retracted her statement or apologized.
If they now acknowledge the fact that heat lamp is valid, they need to unban everyone they banned for posting heat lamp, and apologize for all the harm they caused.
platinumsparkles also needs to step down. She has been the most rabid mod attacking heat lamp and she is personally responsible for causing most of the harm.
https://www.reddit.com/r/Superstonk/comments/1b1x3rg/researchers_show_reddit_users_caused_the_famous/
https://www.reddit.com/r/GME/comments/1aoa3iv/platinum_sparkles_is_a_liar/
He missed a cash dividend.
It's odd to me every time a dividend comes up I see people against it, or they want a NFT dividend like the DTCC can't BS their way through that. I don't think a NFT dividend would work. It was tried once when Overstock was shorted and it flopped.
Cash is king and there is no substitute for cash in the market. They can't pay out monopoly money or IOU's when a cash dividend happens. If Gamestop hands the DTCC X amount of dollars and says this is for a $1 dividend to each shareholder, the shorts are fucked. They have to pay the full amount of the dividend to every shareholder who bought a naked short and they have to pay out of pocket.
Apparently RC can invest Gamestop funds in stocks now, and I saw a great suggestion that Gamestop should invest in dividend stocks and then issue a "pass through dividend" to shareholders when those stocks issue dividends. So say Gamestop invests in Coca Cola - when Coke issues a dividend, Gamestop would simply pass that cash onto GME shareholders as a dividend. So we get a cash dividend, paid for by Coke.
And every time that happens, the shorts have to pay the difference. All the naked shorts they've issued over the past 3+ years also get the dividend.
This is how we blow up the Ponzi scheme.
Every time they short sell more, they get more money. How do we use the naked shorts against them? A cash dividend.
It's the killing blow and that's why every time it comes up, people are against it. Think of it as a litmus test. Who is part of a fifth column and actually working against us?
I saw this deleted at Superstonk. If they are trying to silence it, then it must be good.
I wonder how many GME shorts are hidden in these swaps???
The price drop is because of market manipulation and the current price doesn't represent fundamentals. We all know GME is worth more.
But the price has been gradually decreasing ever since the January 2021 sneeze and this thread over at SS suggests the line reaches 0 around 1/1/2024.
I don't think it will actually hit 0 but I know I'm going to be buying more in November and December.
Point is don't let this rattle you. I bought my first share at $448.30 so why wouldn't I buy more at $1?
The finish line isn't out of reach any more. We're going to lock the float, and we're going to do it fast. Buckle your seatbelts.
https://www.reddit.com/r/Superstonk/comments/1791phe/witness_me_my_observations_of_the_superstonk/
Outside of the SCC I have found that many try to "hold the mods accountable" and few know how to do that when a power dynamic is involved, let alone the emotion they bring to that intent. This is noble at face value but the damage from failed attempts is great. There is more of an equal footing within the SCC that allows for calmer and more rational talks for this purpose.
We have many discussions ahead of us, most of which cannot be resolved through walls of text like this. The mods have shown me that they are genuine in their love for the sub but, over time and with enough corrosive intent from trolls and bad actors, that love can be twisted into something it should not resemble. There must be voices to counteract this over time.
It is my belief that many things need to change for our overall community to return to a peaceful and sustainable path and that the road to get those changes is arduous, tedious, and well worth it. We currently have the ability to resolve core differences with relatively little drama. From there we can talk about what we need to see from each other in order to come around on key topics.
We can discuss what information we need to convince outsiders to become insiders to this saga, and how to obtain that critical information. It is my belief we must slowly and carefully expand and support each other in the projects we undertake. We must decentralize while remaining connected both here and in our friend lists.
Nobody is entirely opposed, and few are even partially opposed, to this overall thought process. When approached with reason and humanity everyone is receptive.
lol lmao
The shitheads running that sub won't ever give up power, and even if they did, what happens to all the apes who were banned?
They've been silencing people for nearly 3 years now. That's a lot of people who would need to be unbanned.
Personally, I don't buy the "stand alone complex" crap he's pushing. I resent the leaders of this movement and I will make a point to never have anything to do with them ever again. In the future, anything they stand for I will stand against.
The only reason we're on the same side right now is because I'm invested in the MOASS and I want to get paid.
There is no possibility for us to ever be friends. That bridge was burned when the SS mods chose to act like assholes and silence their supposed "movement" for 3 years straight. They aren't leading this movement, they have just taken it hostage.
These past 3 years we've watched as our buy orders don't impact the price because most of us can't afford to buy a full 100 share lot all at once. It's almost like the market is run by bullies who twist the rules to try and make us lose.
Even for those of us who can afford 100 share lots, if they don't route through IEX their order likely goes into a dark pool and gets broken up into segments so it still doesn't impact the price. AFAIK the only way for household investors to impact the price is to buy 100 share lots and route through IEX.
Keep in mind that should any of us decide to sell during the squeeze the opposite will be true.
If retail doesn't route through IEX when they sell, the dark pools will group the orders together to make sure as many sell orders go through in lots of 100, driving the price down fast. If you want to sell and get rich, and keep the squeeze squeezing as long as possible, then route through IEX with lots smaller than 100. So these orders don't get grouped together in a dark pool and they are too small to impact the price.
Unfortunately Computershare doesn't have the option to route through IEX, so the only people who will be able to sell without impacting the price are apes who hold shares at brokers with the option to route through IEX.
Also read about the requirements for filing form 13H (large volume trades) https://www.investopedia.com/terms/l/largetrader.asp
I've seen form 13H mentioned on GME subs before but not the sell lots thing. Most GME subs don't want to talk about selling, but I think there is a right way to do it when the time comes.
If at a broker, route through IEX
If at a broker, keep lots smaller than 100
Sell from Computershare last (or not at all)
Don't sell from Computershare until the squeeze is "over the hump" and the price starts dropping again.
Do not panic sell. They will turn the buy button off again. They will lie and scream and threaten and intimidate. The shit will hit the fan, but don't give in. Every trade you make should be cold and calculated.
Doing it this way drags the squeeze out for the longest amount of time possible.
I'm sure you've heard the phrase before. "the floor is rising" but what does it mean?
Doing some math with my crayons: 265 million shares x $17 = about 4.5 billion dollar market cap. Cash on hand: 1.3 billion
Right now, for whatever reason about 28% of Gamestop's value is cash on hand. This is absurd but the SHF's have to manipulate the stock value lower and lower in order to avoid margin calls.
But dropping the value lower means that it's easier to buy. In fact right now Gamestop could buy all 57 million remaining shares in the free float, and still have cash on hand left over.
57 million shares x $17 = 952 million dollars
In fact someone over at SS posted this, and the shills flipped their shit. https://www.reddit.com/r/Superstonk/comments/161axl9/this_is_what_trying_to_control_the_narrative/
I've also pointed out that once they become profitable they could issue a cash dividend again. Gamestop has issued a cash dividend in the past. This is completely normal for profitable companies to do, and investors should want return on their investment and support that. But when I post about it, shills flip their shit.
This is the floor rising. The shorts are cowering in a corner. They know they're trapped, there is no way out, and the manipulating the price lower buys them time but is not an escape.
There is a hard floor meaning they cannot cellar box Gamestop because they have over a billion dollars cash on hand, and if they make the stock price plummet it just gets bought up and DRS'd. A plummet would just fuck them instantly.
They know that the free float shrinks every day as apes DRS more, but they have to keep lowering the price because they are hugely in debt and don't want to get margin called. They shrink the debt by lowering the price of the stock. This is an absoultely toxic position to have and they know it's going to blow up in their face eventually. But there's no way out.
This is why they shill, it's why there are all these articles from "professionals" who shit all over our stock. They are desperate to convince us to sell.
So don't lose heart. Take joy in the dips. I hope that they manipulate the price down to single digits again. If the price falls below $10 then not only can apes DRS more faster, but the company could buy even more shares with a share buyback.
https://www.reddit.com/r/GME/comments/15u5vd3/what_if_ftds_arent_the_real_issue/
@iofhua
@lemmy.whynotdrs.org