I'm not sure why this is coming up so much today, but here's a RT with links 👇. When you buy a stock and leave it at the broker, you are not a shareholder. You are an entitlement holder. https://t.co/et4ojbmGEe
BREAKING🚨 SEC DELAYS SHORT-SALE REPORTING DEADLINE ALL THE WAY TO 2028
This means Hedge Funds like Citadel are NOT REQUIRED TO REVEAL LARGE SHORT POSITIONS TO THE PUBLIC!
WE NEED TRANSPARENCY, NOT WALL STREET PRIVILEGE…
REPOST IF YOU AGREE 👍
BREAKING: The SEC has allowed a one-year extension from compliance with Rule 13f-2 and from reporting on Form SHO.
Form SHO filings were originally due by 14 February 2025.
The reasoning given: "it could negatively impact the quality and accuracy of the data reported."
New leadership -- same can kicking. UNACCEPTABLE.
JUST IN🚨 SEC Chairman Gary Gensler is expected to resign by the end of December according to an anonymous source
Chair Gensler was appointed by President Joe Biden in 2021
Repost if you support his resignation ✔️
🚨 BREAKING NEWS $GME 🚨
THE “INFINITE SHARES” OF #AMC & #GME HAVE BEEN PROVEN TO COME FROM BANK OF AMERICA WHICH IS CITADELS PRIME BROKER
OVER $305 BILLION WORTH OF SECURITIES HAVE BEEN SOLD UNDER AGREEMENT TO REPURCHASE
COINCIDENTALLY WARREN BUFFET SOLD $1B+ OF BOFA…🎱
My unpopular opinion, you won't have MOASS on $GME, until the floor price is in the region of $40/50+.
How do we achieve a floor price of $40+, the answer, and everyone will disagree is, dilution.
RC dilutes = shares get eaten up by institutions and retail because shorts need shares to cover their exposure and retail will continue to buy, which in return the cash pile grows and increases market cap.
If the stock is truly oversold 100%, then in effect @ryancohen could dump the entire share count on the market again it wouldn't have a negative impact on the stock in the long run (initially it would be a fucking nightmare, but if done controlled it would maintain a floor price)
What happens once the floor price is around $40+, they're trapped, they can't push the stock down further, and they're now hemorrhaging money, with no way out, leading to them either exiting entirely or going bust.
So everytime there is an ATM, expect shorts to capitalise and push the stock down initially, it will establish its new floor price, and if you can time these events correctly you can trade both directions to make big $$.
My 2 cents, you're welcome to tell me to fuck off, but it appears this is the way it's going to go 🤷♂️
$GME 🚀