Perry_21

[Susanne Trimbath PhD @SusanneTrimbath]

"Market maker" = code for creating phantom shares by 1) taking your buy order, 2) not getting shares at settlement to deliver to you, but 3) requiring your cash payment anyway.

[Perry_21 @Pezza2100]

#yourmovesec #amc #gme fix it.

[RockGod @TheHoustonWade]

remember that there are only 50 million shares that can trade.

Now, to stay afloat GameStop issued some bonds and the first big set of bonds (imagine as of they took out a multimillion mortgage on their entire busoness) scheduled to mature do so in the next week or so. 5/

[RockGod @TheHoustonWade]

are owned by big investment and index funds, while the remaining 15 million shares are owned by retail investors. Average folk like you and me who are too poor to be invited by a hedge fund but put these shares in our meager portfolios or 401k.

It is important that you 4/

[RockGod @TheHoustonWade]

on buying back 30$ of its stick to keep the price from dropping so much they get delisted. They went from 100 million shares to 70 million shares (20 million of which are owned by insiders and can't be freely traded). Then about 35 million of the remaining 50 million shares 3/

[RockGod @TheHoustonWade]

It all begins with the fact "retail is dying" people buy things online, games now have downloadable content and you don't need to by disks or cartridges any more. So, people don't visit the store as often. The storefronts are tired and 20 years old, and profits were spent 2/

[RockGod @TheHoustonWade]

People talked about $GME a whole bunch in January, but I don't think you realize just what is happening in the market and how this one stock could result in the greatest transfer of wealth in human history... so, I give you this thread:

Why is GameStop a game changer?
1/

[Roaring Kitty @TheRoaringKitty]

https://t.co/QRrHFAPpeP

[Perry_21 @Pezza2100]

@bhavdip143 🚀🚀🚀

[Perry_21 @Pezza2100]

@NorthmanTrader Hence the word "unlimited" QE

[Dr Sheep Person Podge @noplaceforsheep]

Who let McCormack on this show, he’s doomed 🤣🤣🤣🤣#qanda

[Nicholas Kyrgios @NickKyrgios]

Swap me for jokers incident. ‘Accidentally hitting the ball kid in the throat’ how many years would I be banned for?

[Perry_21 @Pezza2100]

@GerberKawasaki Ross, same goes here in Australia. We'll see if that counties once banks unfreeze mortgage payments and eviction bans cease.

[Perry_21 @Pezza2100]

@RampCapitalLLC Cash is trash.

[Perry_21 @Pezza2100]

@spectatorindex Microchip here we come.

[Joe Weisenthal @TheStalwart]

$TSLA shares surging after hours. Haven’t seen the news so I can only assume that there’s been some fundamental new piece of information causing investors to reprice the net-present value of all of its future free cash flows higher.

[ABC News @abcnews]

Woman 'smashed' police officer's head into concrete after being asked to put on mask https://t.co/ph1dRriFJ0

[Amelia Harris @ameliaharris1]

Husband “we may as well put the Christmas tree up now so at least we can enjoy it for longer” 🎄 #coronavirus #melbournecurfew #melbournelockdown2020 #melbournelockdown #melbourne

[CNBC @CNBC]

Microsoft confirms talks to buy TikTok in U.S., aims to finish deal by Sept. 15 https://t.co/mjkajDE1FD