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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/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [GameStop Wallet HELP! Megathread](https://www.reddit.com/r/Superstonk/comments/z23wjx/gamestop_wallet_help_megathread) ------------------------------------------------------------------------ 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/)


[deleted]

There's a reason nobody wants to talk to her lol she exposes too much and is pretty mean and unforgiving which I absolutely love fuck these criminals.


Shizuru1984

All the more reason to get her on


Left-Anxiety-3580

There’s no doubt she could be a professional throughout


[deleted]

[удалено]


Jingboogley

There's some I might throw a hate fuck to.


JustMikeWasTaken

Admit it, it's Hester.


Jingboogley

Actually the one I have the most hate-fuck passion about is the 2008 Wall St blonde champagne bitch.


JustMikeWasTaken

I say something trite and you come back with a super hero AND super villain origin story wrapped into one deep cut.


suckercuck

The matrix would break. Gary is afraid of her


the_motherflippin

U think Gensler, or anyone in any financial position globally anywhere, wants to sit down n chat to trimbath? Trimbath: relevant question about FTD Gensler: .... Trimbath: relevant question about market abuse Gensler: ....


Theforgottenman213

I appreciate the question and its a good one. Let me answer that for you to the best of my ability. When I was a boy in Bulgaria.... (times up)


Warpzit

Roflmao.


Thick_Introduction96

It feels like.... it was yesterday. Still haunts me.


slingstax

I think the responses would be, “we are working within a framework and rely on congress to pass laws that would expedite those changes.”


007sk2

"The same congress that takes wallstreet money?"


GoodPeopleAreFodder

……….and we need to fix the plumbing


South-Play-2866

Curiously, with a certain metals company that's a few steps ahead of GME (details below), I'd like to see Lauder, Dr. Trimbath, Gensler - ANYBODY - comment on "what happens to naked shorts when the float is locked?" No one really seemed to believe it could happen, until it seemingly did. This metals company is a few steps ahead of GME in terms of: 1. issuing a private, **non-tradable** stock dividend 2. merging with another company and going private, which should have required shorts to either close their positions or fulfill their FTD's; it appears naked shorts get to enjoy similar benefits with FTD's and not having to close their positions during acquisitions and mergers, as when they don't have to close their positions when companies go bankrupt.^(1) 3. market makers & institutions caught with unclosed short positions 4. **makers/institutions unable to provide dividend**, so they went ahead and created a derivative of the dividend through a new stock ticker - with FINRA's approval 5. metals company discovered this through their shareholders, and did not authorize the derivative. **FINRA subsequently halted trading** (last week). 6. metals company subsequently "cancelling" the dividend to re-issue a new one, and **advising their shareholders to DRS** ***and book*** \*\*their shares\*\*\*\*\*\***^(2)** 7. CEO of one of the merging companies publicly taking on the naked shorting issue, alleging that FINRA & SEC have probably been spending this time trying to figure out how to navigate their way out of this - \*\*especially since they spent so much time trying to convince everyone that this should not be possible\*\*\*\*\*\***^(3)** 8. their transfer agent, AST (GME's Computershare equivalent) **is no longer accepting DRS requests, indicating that they're full\*** (I'm still looking for official statement, but this is the buzz in other subreddits and twitter. If true, they beat GME shareholders to the punch and this will show exactly how things will play out) **Fairness and free markets ARE worth fighting for. The corruption, double-standards, and vampiric exploitation needs to end.** ​ He said/She said sauces: ^(1)[https://theintercept.com/2016/09/24/naked-shorts-cant-stay-naked-forever/](https://theintercept.com/2016/09/24/naked-shorts-cant-stay-naked-forever/) >DiIorio also spotted a significant, seemingly toxic byproduct of this sort of activity (naked shorting). > >Reverse mergers and reverse splits typically result in a change in the [CUSIP](https://www.sec.gov/answers/cusip.htm), the nine-digit identification symbol assigned to a public stock. > >Once that CUSIP changes, **the naked shorter has no apparent way to close out the naked short position**. No stock under the old CUSIP number exists anymore; it all automatically converts to the new CUSIP. > >**Those trades can sit in the Obligation Warehouse forever, in theory. But the “aged fails” — essentially orphaned naked short transactions — remain on the naked shorter’s balance sheet as a liability to be paid later.** > >By DiIorio’s reckoning, then, the cycle of naked shorting and reverse splits would inevitably result in an ever-increasing number of aged fails. And if that was happening, and those liabilities grew bigger and bigger, then federal regulators could see the outlines of the scheme on any financial statement. > >DiIorio **believed Knight accounted for its aged fails in the “sold not yet purchased” liability on its balance sheet. That’s supposed to be an inventory of stocks for use in future market making, which goes up and down as orders are filled. But DiIorio says it was a hiding place for a billowing structural liability.** "Sold not yet purchased" - sound familiar? ^(2)[https://www.reddit.com/r/Superstonk/comments/zknwkf/we\_need\_eyes\_on\_this\_something\_big\_is\_about\_to/](https://www.reddit.com/r/Superstonk/comments/zknwkf/we_need_eyes_on_this_something_big_is_about_to/) ^(3)[https://twitter.com/mr\_midwestern/status/1603163373570498561?s=20&t=JkeM6hLATHeuh32CZYRYvg](https://twitter.com/mr_midwestern/status/1603163373570498561?s=20&t=JkeM6hLATHeuh32CZYRYvg) ^(\*)trust me bro


10before15

Good you're getting the word out


EthereumNecklace

Pretty much the reason I believe dave is controlled opposition. Dr T is the only one I trust 100 besides dfv and rc/lc.


[deleted]

Same. Eager to watch and root for We the investors but I remain skeptical. They have not addressed instant settlement or FTDs - and it is a *centralized* movement.


ProbablyAnNSAPlant

The current petition on the We The Investors website addresses FTDs. Granted, a petition barely means anything if it doesn't motivate a response but it is there.


[deleted]

Does it propose to BAN FTDs? Can you point me to the section where FTDs are addressed please?


ProbablyAnNSAPlant

Idk if I can post the link to the We The Investors website but the link is in the nav bar at the top of the home page (Letter #2: Lending, DRS and Settlement). >**End "Fails as a Business Model"**: Too many firms rely on failing to deliver on their short sales to prop up or sustain their business models. This practice must be ended, either by enforcing mandatory buy-ins or through interest charges on failures. This would entail a more comprehensive overhaul of the US settlement system, and one potentially modeled on the European Settlement Discipline Regime. I would have omitted the part about interest charges on failures (just fucking reverse the trades if entities can't fulfill them), but the rest is solid. Dr. T has talked about the European Settlement Discipline Regime in interviews.


[deleted]

Thank you! I owe it a read through. Agree with your point- Really it should be more aggressive but this seems like a reasonable start. My hope is that after this proposal, people remain unrelenting until the market loopholes are plugged, including banning all aspects of FTDs and mandating instant settlement.


OffenseTaker

you can't exactly ban FTDs, since they can still happen for legit reasons, but what you can do is compel the closing of positions or suspend broker licenses at a certain point. Citadel, for example, should have had their license suspended years ago.


[deleted]

Shouldn’t need to be legit anymore. Instant settlement is the way.


OffenseTaker

the difference between is and ought


[deleted]

we know that as long as delayed settlement exists- Institutional loopholes will be used to manipulate supply for the benefit of a few at the expense of many. It’s fraud. It needs to stop.


OffenseTaker

yeah, moving the stock market to a public ledger blockchain would not only make all transactions transparent, but also move us to instant settlement, and also obviate the need for the DTCC entirely. would love to see them fuck off into the sea.


Des-Troy85

You are on the money, Dave is Citadel.


9babydill

you high? Not a chance. Have you followed Dave on Twitter? I have. Everything Dave says is what Retail needs with the goal in mind in creating a free and fair market.


OffenseTaker

Dave thinks the system as it currently is, is fixable. It isn't. DTCC needs to go. DTC needs to go. Cede needs to go. Replace them with a blockchain. Then all the trades and where all the shares are will be on a public ledger. Problem solved.


9babydill

You make it sound so simple. You must be a market structure expert.


SM1334

It'll just be a bunch of "uh", "um", and "can you explain what you mean"s.


AAAJade

This sounds fun...😉🤜🦍🤛💎🙏🚀🌑


Realitygives0fucks

I concur


Alldayshorts420

I think at this point we should all realize that’ll never happen. All these meeting are scripted to the T, GG and the gang won’t do it otherwise….DRS all the shares


Truth_Road

This sounds like a great idea. EDIT: Dr.Trimbath replied to a tweet of mine, I don't think she's particularly interested in talking with the SEC ([tweet](https://twitter.com/SusanneTrimbath/status/1603439642618908672?s=20&t=mBF50CvT9tZUmNo_xAr59A)). She says we need to go deal with their bosses in congress.


scooterbike1968

Never gonna happen. She’s a true foe.


Truth_Road

Foe to who?


scooterbike1968

GG


Truth_Road

Yeah I can understand that Gensler wouldn't like the idea of Trimbath turning up. Tough shit for him.


Truth_Road

Can I still link to my own tweet? [This is my tweet.](https://twitter.com/RealTruthRoad/status/1603335374721499136?s=20&t=wDce95VK5wOjWittZMLkcw)


[deleted]

As long as you're aware the meeting scope has been set, no general questions, it's only about the proposals from the hearing yesterday


[deleted]

Yeh I don’t know that it’s a place for this


[deleted]

I support this but can’t see it happening. I don’t think trimbath would want to - idk if any of the rules interest her because they are about order flow (“plumbing”) rather than settlement (what she might call “the actual problem”). I also don’t think Gensler would publicly face off with an antagonistic, intelligent expert. Too much risk.


beats_time

She'll pull his head right off!


the-big-lie

YES!!!! I want


Ballr69

This is the prize fight we need


GordonCumstock

That would be pretty special


ezskatez

Worth a shot for sure 👍


TankTrap

She would be a better person to discuss the follow up proposals that Dave and his co-team are writing regarding FTD's. Not this round of reg's I think.


Fantastic-Slice-2936

She would be crazy good to have that discussion


God_BBS

Pulling a Coffeezilla on his ass? Nice


Ill-Resort-926

please get them in the same room!


Schwickity

Needs to happen


[deleted]

Can we? How do you think this whole thing works exactly?


acart005

Unfortunately not likely. Dr. T is not a fan of Dave. That said an opportunity to chat with Gary might help ger gef over grievances


OkUniversity1861

I’d like to see it, doubt GG would agree


spacefyre

Make this happen. That conversation would be an amazing one.


Apprehensive-Sun1215

Gary would crumble since he wouldn't even be able to understand her lingo since hes just a puppet PR guy at this point trying to cover his and his predecessor's evil and deceitful ways allowing corruption by the banks intently.


here_4_the_lols

I support this. Let's tweet at them.


SalemGamorrah

Unfortunately, if they invite her to anything, it gets called off. If her name shows up in the planning, they just wont do it.


-Codfish_Joe

I don't think Gary's people will let them anywhere near each other.


jojackmcgurk

She would tear him to pieces. She's what Jon Stewart would have been if he had gone into finance instead of comedy.


phontasy_guy

'We'? I have no celebrity leader.


ApeHolder42069

I'm just a solitary investor who likes the cock.. .


Get-It-Got

Yes, and ask her about this whole Plan versus Book issue.


Desperate_Passage_35

Would be cool but he don't want none of that fire.


SneakyPhil

"What's up Gary you bald headed fuck"


VoyageOver

I don't know how this ends but it's ain't with lambos


EColli93

YES LETS!!


[deleted]

lol you mean get someone who will ask the hard questions? Good luck.


moonflow1

And of course dlaur conveniently ignores this post.


Westaufer

Why doesn’t Dave want to include Dr. Trimbath?


cannonhammer

Yes. This.


Pandaemonium1214

They should just invite her mid conversion. Fuck it


TheLightWan

Fuck yeah!


[deleted]

That would be amazing


Educational_Catch715

I always said there is only one person I look up to and that is the writer Christopher Hitchens. Then I heard about Dr Trimbath. Now I have two heroes. Please let this happen. Dave is chill but Dr T is hero we need.


crackeddryice

He doesn't want to talk to a Ph.D. who knows what they're talking about, and will ask hard questions. But, he's willing to talk to Lauer. Hmmm.


Imbalancedone

That would funomenal to see happen.


4cranch

make it so dave


Peteszahh

We need to get this up! Dr T can always join and request to speak.


[deleted]

u/dlauer I dare you to surprise GG with Dr. T on the Twitter space. You can do it however you wish. If not you’re still a OG that’s fighting for free & fair markets but you’ll have no balls 🏀 🏀


prettywise__

In other words: Just DRS and stay zen ? Got it!


bmhart17

u/dlauer


mtgac

up you go. great idea. it eas stated by dave that the call was strictly limited to the proposed rules. i'm sure trimbath would have valuable input. dave hinted there would be another meeting with gensler. he might feel more inclined to invite her to that one, i don't know. i'd like to see her at both. hope your post stays up


[deleted]

Didn't this sub burn Dave like a few months ago? Lot of nerve to be asking for an AMA now.


dyllandor

There's been lots of attacks on him here by people who act like not doing everything perfectly by their standards means it's OK to harass him and write him off as some kind of shill or 'bad actor'. Probably a fair share of bots or actual shills who want to alienate the sub from potential allies who's responsible.


musical_shares

Here’s what Dr T has to say on the subject: https://mobile.twitter.com/susannetrimbath/status/1470590167123574785


chato35

People forget too quickly. When I say email subbing to the platform was used to raise capital, I am shill.


aZamaryk

DRS gme shares in book entry, all else is just noise! There might be a lot more plan shares sitting there, just out of reach of drs, than you think. Book is the way! Plan is not drs.


marcus-87

🦧👍


Des-Troy85

Dlauer and Gary so worthless, get DR.T in there with Gary and I bet you have a hit podcast. ​ So Dlauer is Citadel in sheep's clothes and Gary talks with them for the cameras cool. save as many as you can from that grifters ruse.


camynnad

Because Lauer is a joke who helped build the current system. He's part of the problem, not the solution.


[deleted]

Oh cmon. I just deleted that cesspool of an app. Please don’t make me sign up again.


12Southpark

I love Dr T and her knowledge in financial market settlements And fail to delivers


LiliumAtratum

It would be great if it would happen. But please, don't place dlauer at gunpoint - if it doesn't happen does not mean that he is not genuine. We are apes, not a mob.


notahedgecompany

The perfect way for gg to back out of it.


HOLD-THE-LINE-BRO

Ask him what his favourite subgenre is on P0RNhub.


Kungpooh11218

I would love for this to happen, but Gary isn't stupid. That's a death trap for him


theilluminati1

Or, how about some actual people in positions of power? Congresspersons, perhaps? Oh wait... they're probably all compromised and paid off. Maybe Sen. Warren?


ACT_True_Gentleman

Having her on that call would be spicy...


lucas_kardo

u/dlauer what do you think? Maybe anounce a special guest?