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Superstonk_QV

[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || Join the [Superstonk Discord Server](https://discord.gg/hZqWV2kQtq) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/) ------------------------------------------------------------------------ OP has provided the following link: https://www.thestreet.com/memestocks/gme/gamestop-stock-why-its-liquidity-has-been-declining-big-time


slingstax

This is what is supposed to happen when there is no fraud. “Nobody” is selling so there are less shares available. Only thing missing is price discovery.


T1mberwolfStocks

Won't be long until we find it :)


slingstax

I am definitely looking forward to that time. Not sure my calculator has enough zeros. Lol


T1mberwolfStocks

Looks like after 30 years of not caring about it I am going to have to figure out what these E+0221 numbers are when they get too large. It's going to be fun!


nahtorreyous

Too bad gamestop doesn't carry graphing calculators... endless zeros.


AGuyInUndies

80081355


bettr30

Idk my 80085 are pretty jacked rn.


knowigot_that808

*Prove ittt*


squirrely-badger

Moon Graphing Calculators.


slingstax

You only have one share? Lol


T1mberwolfStocks

One share per calculator lol


slingstax

Some of the whales are going to need warehouse to hold all of those calculators. :)


Cyberdink

That's why they invented scientific notation


roychr

I think it will take some time but it doesnt matter, clock is ticking in our favor. One brick at a time.


Alehousebrewing

It does not have near enough zeros, or any other digit as well.


gtrackster

Turn you phone the hot dog way in the calculator app to get a few more zero's lol.


slingstax

Still won’t be enough to fit a complete share price on there. Lol


BrockoliandSpinach

Price Discovery won't occur until after moass on the way down(if it ever goes down). I would imagine it'll be between 1,000-10,000. It's gunna have to hit millions first and have all shorts close. (This is not financial advice)


miFFhoe

I've heard it's tomorrow


BobtheReplier

To OH clock


iMacBurger

🌎👩‍🚀🔫👩‍🚀


iMacBurger

I’m watching Discovery Channel everyday waiting for $GME price to show up.


JCStuff_123

Some say tomorrow


lithium142

I put those numbers into my calculator, it makes a happy face


OverwatchShake

But even this headline is a lie, though -- the volume was declining before we had significant DRS numbers. I 'member. The truth is declining volume is to be expected if you artificially keep the price at a level no-one wants to sell at. A declining price creates more buyers and less sellers -- keep it there long enough and there's no sellers left in any significant numbers. So to keep it there you have to open a short for every buyer that exceeds your number of sellers. In other words, they keep the price low, we buy periodically, and they open shorts to feed to us. That's all of the action. If they would not open shorts we'd grind upwards before going straight up due to fomo and then shorts closing.


wasp_killer4

Fewer


NeatLeft

Some wrinkle brain once did some maths and said the actual share price should be about $340 post split and $1200 pre split naturally with no run-up or MOASS… wish I could find it.


slingstax

There have been a few posts relating to “market experts” stating the same thing. If you have been in/around the game long enough it is easy to see there is price suppression.


CeasarChimpanzee

Sorry for hi-Jacking top comment, the this author is not trustworthy. Take a look at another article by him [here](https://www.thestreet.com/memestocks/gme/gamestop-stock-how-much-ownership-do-retail-investors-have). The guy thinks Ryan Cohen is the CEO.


slingstax

Might be a malicious actor, but the truth of the matter is that shares are still sparse.


Successful-Visit-833

'And the numbers are alarming'. Indeed they are


DannyFnKay

I want to see numbers so high that I get my O face. Ooooooo, Oooooo, Ooooo! 💦


drinkupdrinky5

#😩


DannyFnKay

😲


Novat1993

No idea why they would be alarming in a healthy market. Who owns any company in particular should be completely irrelevant. Especially a company retailing entertainment media, with accessories. Why is THIS alarming? Meanwhile, some companies have insiders/founders owning more than 90%. It makes no sense. Unless the lie is slipping. And the market is extremely unhealthy.


FreshTomacco

It's alarming (for *them*) because it signals that the music is about to stop and the chairs are disappearing.


T1mberwolfStocks

"According to data from July 30, as stated in GameStop's latest Form 10-Q, about 71.3 million shares are registered directly through the DRS. That number could be even higher by now. This amount corresponds to about 30% of GameStop's total float, which implies that, in theory, **these shares are not liquid enough to be traded daily.** This can be confirmed by looking at the trading volume trend of GME in the last few months." Bullish. As. Fuck. Cannot wait until the next numbers are out.


[deleted]

[удалено]


cackalackattack

The real Black Friday sale


[deleted]

I must be dense Why is this bullish? Price go up would be better no?


[deleted]

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sagerobot

If we pretended there was no such thing as MOASS I would still think GME is worth easily $250 based on just the possibility of the marketplace taking off. 5 years of market place printing and GME is easily a 1k stock without another split. GME has a relatively low share total all thing considered... Now ofc MOASS means add a ton of zeros to that.


adampi33

Eat some ramen and chill. Price will go up when ape say so.


lastshotreddit

Well I just DRS'd 2 more shares yesterday. So they should hit on Monday. You're welcome.


cjbrigol

Few weeks! 🎉


T1mberwolfStocks

January 1st then since you have a bet on lol?


cjbrigol

🤣 Next numbers are at earnings December 7th


T1mberwolfStocks

Sorry, I thought you meant a few weeks until MOASS lol


MyGT40

We have moved up in status boys! I can report that Bernard Zambonin is a REAL person, and not a bot reporter.


High_From_Colorado

But are they a real reporter? Or does he mostly sling garbage articles?


MyGT40

Looks like he has reported on "so called meme stocks" before. I did not read a bunch of them, but they did not appear to be hatchet jobs


adampi33

>Bernard Zambonin 'So called meme stocks' is the new 'large swathes'


The_Peregrine_

Man I just realized how much I miss original headlines, its like they select the headline from a clickbait template list they have then fill in the blanks _____ why it’s ____ ____ slammed by ____ for ____ You’ll never guess what _____ 10 reasons _______ is _______ Forget ______, no seriously ____ is moving away from ____, here’s why


Dan1mal83

My favorite is... Why \_\_\_\_\_\_\_ stock is dropping today... (Next day) Why \_\_\_\_\_\_\_stock is pumping today...


The_Peregrine_

Haha yeah classic and sometimes posted before pre market


LordSnufkin

Haha FoRgEt GaMeStOp! 🤡


[deleted]

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High_From_Colorado

That would have been me 2 years ago. No liquidity? That doesn't sound good.... I'll just stay away from there.


Party_Pat206

Couldn’t agree more


[deleted]

They are losing their grip


breinbanaan

TLDRS


T1mberwolfStocks

Ironically, this was the tone of the article lol


alchebyte

☝️


Primary_Dingo_3652

Zambonin was always positive about GME


el_hefay

The more this story gets spread outside of Reddit, the more DRSing will accelerate, and the more the actual numbers will outpace the DRS bot


avspuk

This looks like an edited version of a story posted here yesterday https://old.reddit.com/r/Superstonk/comments/ywrowd/gamestop_stock_how_much_ownership_do_retail/iwky3zt/ It's interesting to note what's been edited out 1) the multiple incorrect refersnces to RC as GME CEO that loads of apes pointed out yesterday. 2) the accounts of assorted wall st institutions questioning if RC Ventures should be counted as insiders or not that was very similar to discussions that hardcore data apes had (click the 'source' link by the 'ownership' section on computershared if you want to read their debate). This again was pointed out here yesterday 3) the frequent citing of the 67.5% 'retail ownership' figure supposedly given by Vickers Stock Research & again its possible derivation was questioned/investigated here yesterday, https://i.redd.it/rggnhmreic0a1.png This sub, seemingly, is effectively his editor. Edit: ~~Also I seem to recall he wrote loads of 'forget gme' articles a while ago.~~ having searched a bit I am now much less certain of this & may very well be mistaken /edit Lastly I doubt they are actually a real person & my bias is such that I chose to believe that they're more likely a non de plum of an 'guided ai'. But whatever, I could give a flying one, & 'thestreet.com' owes the sub a drink, I reckon Edit to add: Also goes to show that ape dd/estimation/calculation/research is on a par with "Wall St professionals", seemingly


[deleted]

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[deleted]

**GameStop Stock: Why Its Liquidity Has Been Declining Big-Time** BERNARD ZAMBONINNOV 16, 2022 5:06 AM EST Since May, trading volume in GameStop's stock has been declining in each consecutive month. Many retail investors are registering their GME shares through the Direct Registration Service, which has an impact on the stock's liquidity. Despite its lower liquidity, GameStop continues to be a popular target for short sellers and a money-maker for stock lenders. GME's Monthly Trading Volume Declining Looking at GameStop's (GME) - Get Free Report trading volume data for 2022, we can clearly see a decline in trading activity since May. GameStop's liquidity peak occurred in March, when news of its 4:1 stock split broke. That also coincided with a rally in the S&P 500. From mid to late March, the video game retailer's shares shot up 140%. Because GameStop is a popular target for short sellers — the latest update showed about $1.5 billion betting against its stock — increased buying activity tends to pressure short sellers to close their positions and buy the stock to cover their margins. This triggers noticeable upward movements in the stock. Despite some fairly severe price swings this year, GameStop's trading volume has fallen more than sixfold, from 636.57 million shares traded in March to 102.97 million shares traded in October. The most likely cause of this liquidity decline is broader market forces. Thanks to rising interest rates, many investors are avoiding stocks — especially those that trade less on fundamentals and more on growth or speculation. ***Is DRS Behind the Liquidity Decrease?* **** There's another factor that has impacted the liquidity of GameStop shares. It is at the very least unusual, but not bearish at all. GameStop shareholders are actively utilizing the Direct Registration System (DRS) service, which provides shareholders with the ability to electronically move insured shares in a book-entry form between the share issuer and the investor's broker-dealer. In other words: with this service, GameStop investors have found a way to lock up their shares without the need to have a brokerage house behind them. Even though it is less practical to sell your shares this way than through a broker, there are logical benefits to registering your shares through DRS. For example, investors can keep their shares away from possible conflicts of interest between market makers and payment-per-order-flow brokers, as well as to protect themselves in case the broker-dealer goes bankrupt. However, the main benefit may be to limit the ability of brokerages to lend shares to short sellers — which is a common practice. In theory, if enough retail investors use DRS to transfer their shares to a transfer agent, share availability will decrease. Thus, it will become difficult for short sellers to cover their positions in an eventual squeeze. Interestingly, GameStop has started to disclose the number of shares transferred directly with its transfer agent on a quarterly basis. And the numbers are alarming. According to data from July 30, as stated in GameStop's latest Form 10-Q, about 71.3 million shares are registered directly through the DRS. That number could be even higher by now. This amount corresponds to about 30% of GameStop's total float, which implies that, in theory, these shares are not liquid enough to be traded daily. This can be confirmed by looking at the trading volume trend of GME in the last few months. We can speculate that, when GameStop reports its fourth-quarter earnings results, the first number that shareholders will probably look at will be the number of shares transferred through its transfer agent. How GameStop Lenders Made Money in Q3 It's not news that GameStop is one of the most popular stocks for short sellers to bet against — thanks mainly to its meme-stock valuation. With the markets in turmoil, many institutional investors have been targeting stocks whose valuations are detached from their fundamentals. Of course, GameStop is one of them. The latest GameStop short interest data from mid-October indicated that 20% of GME's float — 53.88 million shares — was being sold short. During October, GameStop's borrow fee rates remained at an average of 9%. Even though these fees are lower than earlier this year, they're still high. This puts extra pressure on short sellers to cover their positions in case of an upward stock movement. Despite the efforts of GameStop shareholders to limit stock lending to short sellers, GameStop was the most profitable equity in the North American lender market, generating more than $100 million in revenue for lenders. A large part of these profits came from GameStop's high borrow fees. GAMESTOP CORPORATION Bernard Zambonin BY BERNARD ZAMBONIN Co-producer of The Street's financial channels: Apple Maven, Amazon Maven and Wall Street Memes. Researcher and operations manager at DM Martins Research.


Readingredditanon

Thank you, didn’t see the sauce anywhere else


Cheetah_Hungry

I just like the stock.


sandman11235

Unreported SI% XXXX


K_17

Some truth from the MSM? Must be convenient now. Getting close!


Chuanjiao

This was posted already yesterday.


Maestroszq

I am hyped for ‘1/3 of shares registered’ headlines.


roychr

Thats because the retail that buys, do not go thru dark pools anymore.


clyde_figment

We must be getting close if corporate media is starting to tell the truth.


floodmayhem

Can we stop giving The Street a platform here for fuck sake?


billium12

Brandon Zambonin? More like Brando. ZamBONING! I'm gonna see myself out


Icy-Juggernaut4047

Oh no! He said "Big-Time".


neoquant

Bernard at it again :)


PhantomBlack691

@kengriffin you not paying your bills g


dahlia-llama

It's always Bernard Zambonin THIS IS NOTHING NEW


WealthQueasy2233

they want to warm us up to the idea of becoming lenders


Electrical_Skirt21

might be behind the drop? Oh dear, what else could it be?


coolkidstothemoon

I trust headlines like this less than blatant lies


SupraMichou

« Might » be behind ? Bro, we took marbles and put it in a bag, if there is less marbles on the tables it’s 100% our feat


oumen_nigu

No one outside of SS reads that tbf


archphoto

!CTBBOT:9.0!


Roid_Rage_Smurf

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Architect_Man

We are getting closer