$GME Rumor has it that a credible, fully-financed tender for eBay will be announced very soon and the market will have to reprice the entity as a global marketplace holding company! Warrants will be in the money and every warrant that gets exercised will go directly to funding the acquisition.
@UCopy417@gamestop So Monday turned into “sometime in October” already? 😂 I’m keeping the original prediction frozen. Extension announcement today + $20.50 pullback. No moving the goalposts now 👀🤣
BREAKING: GameStop Corp. CEO Ryan Cohen buys 1,150,680 $GME shares at a weighted average price of $22.9375 per Share in multiple transactions at prices ranging from $22.7600 to $23.0200 according to a schedule 13D. 🚨🚨🚨🚨
So Leopold, I hear your getting married next weekend. It would be a shame if someone spread a market call that the Fed was raising rates on Wednesday that triggered the Algos to run the tech sector down when you are X5 leveraged, right before bids you requested were submitted.
Enjoy your honeymoon.
📣📣FIRMS LIKE JANE STREET & CITADEL DECIDE THE PRICE OF SECURITIES THROUGH MARKET MANIPULATION
India Regulators SEBI caught Jane Street in the act of manipulating the market by deciding the price instead of supply and demand.
Markets are being RIGGED and the SEC is turning a blind eye. Instead of doing what India Regulators SEBI did and ban them from trading and investigated and prosecute their illegal behavior.
THEY WON'T STOP UNLESS THEY ARE MADE TO STOP ✋️🛑
The NSCC is no longer settling $GME warrants.
They didn’t give a cause, but they are effectively pushing the resolution into the brokers/OCC.
The options chain remains active and the price is well below the exercise price.
Why would they stop settlement?
Most likely reason is that they foresee a ton of undeliverable warrants, creating a net settlement nightmare. If another entity is in charge, they can enact a cash settlement to effectively settle ‘naked’ positions in cash.
Since they are enacting this right now, they likely got wind that there is a very real issue with these warrants.
It is basically removing the locate requirement for warrants.
These little loopholes are what Wall Street uses to abuse every corner of the stock market.
BREAKING: As per OCC memo, NSCC will no longer settle Gamestop warrants as of today and will instead place the responsibility on brokers. 👀
There was no official reason provided to justify the change but I have a feeling we already know why.
$GME