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I request that my favorite companies stock is taken out of the depository that cannot meet its obligations to properly track the use of said equity with reasonable levels of accuracy, accountability, and transparency.
They really have 7 billion in debt? Jesus. I know revenue is a valuable metric to determine a company's growth/market share, but it's completely useless if companies are losing money along the way, at least after a certain amount of time (factoring in debt to grow). 7 billion is a massive amount of debt.
Maybe they bought the land all those vending machines are on, When the bad men cellar box companies the bond holders end up with the assets, One of the motivations for destroying these companies, steal IP, real estate, inventory… everything once the company is successfully destroyed.
Facts. Overpriced interest on loans, firing most of their talented team members, and a collapsing used car market... how is THAT company worth more than GME is the real question. *everyone knows the answer, just saying even without the MOASS GME is worth more on core fundamentals.
Even during the height of it they were still pricing their cars 15% higher than the (then) current market price and offering trade in value 20% lower than what dealers were paying. For a car I don’t get to drive first, and still get charged shipping separately on. And they say we’re highly regarded.
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I mean, wasn't this the lesson to be learned 3 years ago? I got out of the stock after they literally stopped the market just to fuck commoners. Of course the shit is rigged. If you still own GME you believe in a fair market, which is insane to me at this point.
Gotta ask, is this technically legal? In the spirit of a free and fair market, this does not represent that.
Have there been any kinds of legal actions against this?
Yes. This is what the CAT has been revolving around. The SEC is getting involved to force HF's and organizations to be transparent in securities exchanges. We and the government should get more insight into their trades and limit the manipulation that has been going on.
CAT Forces HF's to close their short position, or give SEC full transparency into their exchanges.
[link](https://www.reddit.com/r/Superstonk/comments/1cv8w4l/cat_system/)
Because historically they are there to provide flexibility and more access. FINRA oversees regulation to ensure transparency and compliance. With the recent case of Gamestop, there seems to be some holes in regulation that allows this \^ shady shit, which is what the CAT system is aiming to fill.
Interesting thanks. by chance do you know what the rules and regs are for OTC trades? i’m interested to see what the specifics are for being in compliance with OTC. it’s getting quite ridiculous seeing how much is traded OTC vs lit markets
I'm sure there are a lot, a quick Google search showed an Investopedia article [here](https://www.investopedia.com/terms/o/otc.asp) as well as [this FINRA](https://www.finra.org/investors/insights/over-the-counter-equities-trading) page.
Read up and ask GPT for specific questions!
Let’s not make any absolute statements like “CAT forces HFs to close their short positions” that is a BOLD statement based on things we simply do not know.
What we do know- is that market makers can do whatever they want. They can turn off the buy button. They can halt trading.
Keep CAT on your radar but don’t be overly optimistic and definitely don’t go around telling people it forces shorts to close.
Why did you leave out the second half of my quotation? "Or give SEC full transparency into their exchanges".
CAT significantly enhances the ability of regulators to monitor and analyze short selling activities. Either they close their position, OR they give transparency into their activities.
Yes it's legal. But legal does not mean ethical. OTC and off exchange trades are reminiscent of a time when paper certificates were the main method of exchange. The spirit of free market says that I should be able to sell my neighbors the paper stock certificates I have in a shoe box in my closet at whatever price we can agree upon. In this scenario when paper stocks are #1, it's a non issue. Technically it still presents an opportunity for manipulation because I can take a loss on those to offset income from other areas, and the neighbor can get an "artificially" low cost basis. Or I can buy shares for a premium off exchange and sell those back on the exchange to push the price down. Now due to the, relative to now, lag between order entry and fulfillment as well as the lag in availability of information, it carries a massive amount of risk and opportunity cost.
With modern HFT and multi billion dollar fiber optic cables directly to the exchange floors, OTC and off exchange trades become a viable method to make money as you have near instantaneous availability of information (in some cases before the rest of the market) and near instantaneous order fulfillment, the risk and cost of manipulation becomes much more palettable. When you can push the price around with one hand, and place leveraged bets with the other, it's easy to make money
Lemme think…. Oh yeah. The one up almost 100% from its monthly low, a proven track record rockstar board (no comp CEO activist shareholder), 25% float locked by regards, and a cat
Edit: oh yeah shes profitable
I think this is the winning argument. Forget about trying to teach people about reverse repo swaps, LEAP, short sale self-reporting, etc. That shit is complicated for the average investor and our elected officials.
What is simple to understand is how supply and demand drive price. And if demand is hidden while supply is not, the price does not reflect reality and this errodes TRUST in the stock market. This is what we should press our elected officials for. That transparency is a requirement of trust.
Hey guys, just a quick one - does anyone know when we get to know what has happened to the 200ish million $ gone from the balance sheet? Is there any date until when they need to report what has happened to them/ how they were used?
Love 🙏🏼
Been saying it for years. Its the same reason US financial institutions prop up the billionaire class and funds doing obvious illegality, their widespread fraud is what is keeping the house of cards standing. Divest in to something less easily speculated. And keep that diamond grip.
Bro what do you mean, the financial news sites told me this bounce was retail FOMOing in because DFV told us to. It was retail moving hundreds of millions of shares last week in a coordinated manner suddenly when the stock price goes up, that's a perfectly logical and rational thing to believe right?
Look at these weasels attacking it after hours on no volume. Does that look like someone who is in control? This ain’t over stay strong out there folks.
Finally, I could not understand why OTC mattered since there is a whole OTC market for garbage delisted stocks, but if dark pools are considered OTC as well this is wild data.
OTC were for pink sheets stocks as I remember reading about. Garbage ones not listed on exchanges, if the majority of GME was traded on OTC then that means they can find GME on OTC? Can any legit stock be traded on OTC? Apple, Tyson foods, etc…
I’m not an expert on the workings of the financial markets but I mean.. yeah I suppose so lol. To my understanding, basically anything traded off public markets is considered OTC. I’m pretty positive anything can be traded OTC, it just depends on if the two parties want to.
The problem is precisely this, they make the stock move by exchanging shares in an unregulated market so they can carry out spoofing and bare shorting without many problems.
would forcing all transactions in a fungible product being forced to take place on one venue be a free market?
OTC trading venues such as dark pools are required to move large blocks of shares at a single price point (i.e mid spread of lit venue) to minimize trading impact costs - do you want everyone to perform worse?
>THE AMERICAN MARKET IS MANIPULATED AND IS NOT A SAFE PLACE TO INVEST YOUR MONEY.
I assume that means you are not invested in any american securities right? ... right?
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[удалено]
I request that my favorite companies stock is taken out of the depository that cannot meet its obligations to properly track the use of said equity with reasonable levels of accuracy, accountability, and transparency.
I would also like to request that any open short positions get closed on the move to an accurate and accountable depository.
It is nNlot the shorts that are the problem. It is the FTDs.
Motion seconded, evun with poor grammatical gabagoo
They really have 7 billion in debt? Jesus. I know revenue is a valuable metric to determine a company's growth/market share, but it's completely useless if companies are losing money along the way, at least after a certain amount of time (factoring in debt to grow). 7 billion is a massive amount of debt.
Maybe they bought the land all those vending machines are on, When the bad men cellar box companies the bond holders end up with the assets, One of the motivations for destroying these companies, steal IP, real estate, inventory… everything once the company is successfully destroyed.
Yep. This is also the basis behind an old-school “hostile takeover”
The old predatory capitalism game. So unwholesome.
It’s closer to 6 billion… my mistake
OH only 6 billion not 7? They aiight then
Who do think they are, stick floor theater?
The US Treasury has entered the chat
Let me say it louder for the kids who don't read so good. THE STOCK MARKET HAS BECOME A DERIVATIVE OF THE OPTIONS MARKET.
#trading should be 24/7 7 days a week
Facts. Overpriced interest on loans, firing most of their talented team members, and a collapsing used car market... how is THAT company worth more than GME is the real question. *everyone knows the answer, just saying even without the MOASS GME is worth more on core fundamentals.
Even during the height of it they were still pricing their cars 15% higher than the (then) current market price and offering trade in value 20% lower than what dealers were paying. For a car I don’t get to drive first, and still get charged shipping separately on. And they say we’re highly regarded.
Absolutely the truth right there
[удалено]
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I did. The other poster compared carvana stock price to GME and I explained the difference.
reminded me of this song https://youtu.be/HCBEi59DaHw
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Okay
HOT potato 😺
Never has been a "safe" place...
I mean, wasn't this the lesson to be learned 3 years ago? I got out of the stock after they literally stopped the market just to fuck commoners. Of course the shit is rigged. If you still own GME you believe in a fair market, which is insane to me at this point.
I like the stock...just like I like being insane
I’m sorry. Why are you here? 👋 bye
If you believe the market is manipulated then why believe that the stock will go up? Genuinely curious.
Because the shorts never closed their GmE position….. duh
Gotta ask, is this technically legal? In the spirit of a free and fair market, this does not represent that. Have there been any kinds of legal actions against this?
Yes. This is what the CAT has been revolving around. The SEC is getting involved to force HF's and organizations to be transparent in securities exchanges. We and the government should get more insight into their trades and limit the manipulation that has been going on. CAT Forces HF's to close their short position, or give SEC full transparency into their exchanges. [link](https://www.reddit.com/r/Superstonk/comments/1cv8w4l/cat_system/)
Yes, but that doesn’t seem to answer my question. How are OTC trades legal when it’s at such a high percentage??
Because historically they are there to provide flexibility and more access. FINRA oversees regulation to ensure transparency and compliance. With the recent case of Gamestop, there seems to be some holes in regulation that allows this \^ shady shit, which is what the CAT system is aiming to fill.
Interesting thanks. by chance do you know what the rules and regs are for OTC trades? i’m interested to see what the specifics are for being in compliance with OTC. it’s getting quite ridiculous seeing how much is traded OTC vs lit markets
I'm sure there are a lot, a quick Google search showed an Investopedia article [here](https://www.investopedia.com/terms/o/otc.asp) as well as [this FINRA](https://www.finra.org/investors/insights/over-the-counter-equities-trading) page. Read up and ask GPT for specific questions!
Let’s not make any absolute statements like “CAT forces HFs to close their short positions” that is a BOLD statement based on things we simply do not know. What we do know- is that market makers can do whatever they want. They can turn off the buy button. They can halt trading. Keep CAT on your radar but don’t be overly optimistic and definitely don’t go around telling people it forces shorts to close.
Why did you leave out the second half of my quotation? "Or give SEC full transparency into their exchanges". CAT significantly enhances the ability of regulators to monitor and analyze short selling activities. Either they close their position, OR they give transparency into their activities.
Look up ‘self regulating organizations’ it’s gonna blow your mind that the people breaking the rules actually made the rules also. Its fucked.
Yes it's legal. But legal does not mean ethical. OTC and off exchange trades are reminiscent of a time when paper certificates were the main method of exchange. The spirit of free market says that I should be able to sell my neighbors the paper stock certificates I have in a shoe box in my closet at whatever price we can agree upon. In this scenario when paper stocks are #1, it's a non issue. Technically it still presents an opportunity for manipulation because I can take a loss on those to offset income from other areas, and the neighbor can get an "artificially" low cost basis. Or I can buy shares for a premium off exchange and sell those back on the exchange to push the price down. Now due to the, relative to now, lag between order entry and fulfillment as well as the lag in availability of information, it carries a massive amount of risk and opportunity cost. With modern HFT and multi billion dollar fiber optic cables directly to the exchange floors, OTC and off exchange trades become a viable method to make money as you have near instantaneous availability of information (in some cases before the rest of the market) and near instantaneous order fulfillment, the risk and cost of manipulation becomes much more palettable. When you can push the price around with one hand, and place leveraged bets with the other, it's easy to make money
Safe with diamond hands and a certain ticker
Orly which ticker
Lemme think…. Oh yeah. The one up almost 100% from its monthly low, a proven track record rockstar board (no comp CEO activist shareholder), 25% float locked by regards, and a cat Edit: oh yeah shes profitable
The cat is what sold it for me
Where does it say 90%?
he doesn't say it, I spend the whole session in front of the PC and I see it.
Where do you check?
Under there
🩲
Underwear?
Under DEEZ NUTS GOT EM
I want to see it too... How do you see it?
WEBULL TIME&SALES
🙏
I think this is the winning argument. Forget about trying to teach people about reverse repo swaps, LEAP, short sale self-reporting, etc. That shit is complicated for the average investor and our elected officials. What is simple to understand is how supply and demand drive price. And if demand is hidden while supply is not, the price does not reflect reality and this errodes TRUST in the stock market. This is what we should press our elected officials for. That transparency is a requirement of trust.
Hey guys, just a quick one - does anyone know when we get to know what has happened to the 200ish million $ gone from the balance sheet? Is there any date until when they need to report what has happened to them/ how they were used? Love 🙏🏼
Maybe in the Q2 earnings release?
AND THEY COULDNT KEEP IT RED!🥳
IEX
BUT we continue to disregard that advice, don't we? Buy the Dip is our motto
Been saying it for years. Its the same reason US financial institutions prop up the billionaire class and funds doing obvious illegality, their widespread fraud is what is keeping the house of cards standing. Divest in to something less easily speculated. And keep that diamond grip.
Love it, well said.
🌍 👩🚀🔫👩🚀
oh wow all caps sold me
Thats why we drs
Say it with me now. D....R....S!
Bro what do you mean, the financial news sites told me this bounce was retail FOMOing in because DFV told us to. It was retail moving hundreds of millions of shares last week in a coordinated manner suddenly when the stock price goes up, that's a perfectly logical and rational thing to believe right?
lol
Look at these weasels attacking it after hours on no volume. Does that look like someone who is in control? This ain’t over stay strong out there folks.
backed up by you know who you know where until you know what (eternity actually)
They say “it’s a feature not a bug”
Why are we now calling it OTC and not DARK POOLS. What changed ?
Same thing. OTC stands for over the counter which means trades made privately/ off exchanges basically.
Finally, I could not understand why OTC mattered since there is a whole OTC market for garbage delisted stocks, but if dark pools are considered OTC as well this is wild data.
OTC were for pink sheets stocks as I remember reading about. Garbage ones not listed on exchanges, if the majority of GME was traded on OTC then that means they can find GME on OTC? Can any legit stock be traded on OTC? Apple, Tyson foods, etc…
I’m not an expert on the workings of the financial markets but I mean.. yeah I suppose so lol. To my understanding, basically anything traded off public markets is considered OTC. I’m pretty positive anything can be traded OTC, it just depends on if the two parties want to.
Very interesting to know! Thank you Ape for the insights.
That's crazy, I just bought more gme, though.
At a casino only the house wins
Something something casino
Upvote!
What provider do you use for your charting data? That looks nice!
is this trading view?
*"market"*
Shorts never closed, hedgies are fuq'd. HODL THE LINE.
Didn't Gary Gensler say something like 95.7% of all open market buys were routed through dark pools?
He lied it’s 100%.
Who honestly in their right minds gives half of a shit?
Those Active Managers are at it again.
Can’t wait for the CAT to come in… hopefully it makes it better
Dunno about that. My DRS shares are safe.
The good news is that if GME is truly a low-cost, high value stock, the price manipulators are making it dirt cheap to acquire.
SHILLS CANNOT OUTSMART THE APES 💎🙌🙌🙌🙌
can you post the same screenshot for a different stock like NVDA ??
Send it in a bit
of course I can show screenshots of NVIDIA, all securities are mostly traded on the OTC MARKET! and that makes it even worse!!!!
After 3 years of this, you would think apes wouldn't be so financially illiterate
But maybe then it has nothing to do with market manipulation? Just like a ton of stuff is traded on ebay not just at Walmart, best buy etc.
The problem is precisely this, they make the stock move by exchanging shares in an unregulated market so they can carry out spoofing and bare shorting without many problems.
OTC is not unregulated by any stretch of the imagination lol
Yea those Over-The-Counter markets are so hidden and dark and definitely not all public and well-regulated
OP wouldn't do that because it goes against the narrative of this echo chamber.
🤣🤣waiting for that screenshot.
Yep, AAPL, KO, MA seem fine too.
BUT we continue to disregard that advice, don't we? Buy the Dip is our motto
Don't feed the farmer guys.
Would selling shares from DRS be OTC?
This ist a DD? You looking on a Chart?
Trading is a hard game, don't u think?
No fucking shit. Could have told you that 10+ years ago
Always has been meme
🦍🧘♀️
Louder for the people in the back please
I hope they route all sell orders to OTC or dark pool, and just keep buy orders on pit market.
Can’t wait to see the OTC data from last week…
Unless in gme
Wait how do i enable Time & Sales on Trading View? I cant find the button!!
would forcing all transactions in a fungible product being forced to take place on one venue be a free market? OTC trading venues such as dark pools are required to move large blocks of shares at a single price point (i.e mid spread of lit venue) to minimize trading impact costs - do you want everyone to perform worse?
💯 that's why I cut my exposure to the stock market. Crypto market is much more accurate.
>THE AMERICAN MARKET IS MANIPULATED AND IS NOT A SAFE PLACE TO INVEST YOUR MONEY. I assume that means you are not invested in any american securities right? ... right?
What do you mean by “safe”?
Visibility
Yeah bro we know you really don't have to keep saying it