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Game Stop Apes are locking up float using Direct Registrations

Posted on 10/4/21 at 1:53 pm
Posted by GhostOfFreedom
Member since Jan 2021
13086 posts
Posted on 10/4/21 at 1:53 pm
GME has a really low number of outstanding stocks. The "Free Float" is considered around 62 million.

The "Apes" have been buying up "dips" since February and sometime around 2 months ago, they started moving shares to Computershare.com the direct register of Game Stop, Apple and many other companies. The shares get taken out of the DTC which "loans" shares and has been allowing Citadel, Melvin and others to naked short and other dirty tricks with those shares. Now by putting shares in their own names (DSR) at computershare, Apes hope to end the creation and swapping of synthetic shares and dark pool trading.

https://www.reddit.com/r/Superstonk/

The Purple Circle of 100% GME at ComputerShare has become the battle icon of the latest saga in the historic GME meme stock war. An estimated 400,000 new ComputerShare GME accounts have been made in a month. Some with a fractional share, some with 10,000+ shares. It is mass hysteria! Will there be a breaking point?? Apes are not selling.


Will this cause MOASS (Mother of All Short Squeezes)? The odds might not be great, but the reward could be historic.



How many synthetic "naked shorts" do Hedge Funds and Banks have? On margin call, they have to close those positions.... right?


Posted by teke184
Zachary, LA
Member since Jan 2007
103140 posts
Posted on 10/4/21 at 1:55 pm to


When the interest rates rise, the short holders will have their assholes pucker.
Posted by MusclesofBrussels
Member since Dec 2015
4937 posts
Posted on 10/4/21 at 1:56 pm to
Superstonk is basically a fringe online conspiracy theory group at this point. They post a LOT of factually incorrect nonsense as evidence that the MOASS is coming. It's all very sad.
This post was edited on 10/4/21 at 1:56 pm
Posted by Bunk Moreland
Member since Dec 2010
66780 posts
Posted on 10/4/21 at 1:56 pm to
The powers that be are going to get those subs/sites nuked for being economic terrorists, threats to national security, or something similar. It will be beautiful to watch more and more people get red-pilled.
Posted by GhostOfFreedom
Member since Jan 2021
13086 posts
Posted on 10/4/21 at 1:59 pm to
It doesn't change the point that the fundamental changes at Game Stop are really good and the stock is very undervalued. With a lot of very loyal, international share holders who refuse to sell, things are going to get really interesting over the next year, if not sooner.

If nothing else, when the market crashes and GME holders refuse to sell, the stock is a hedge against the crash... maybe?

Posted by GhostOfFreedom
Member since Jan 2021
13086 posts
Posted on 10/4/21 at 2:00 pm to
quote:

more and more people get red-pilled.



I see it happening daily on that sub. It is amazing to observe.

Posted by MusclesofBrussels
Member since Dec 2015
4937 posts
Posted on 10/4/21 at 2:05 pm to
quote:

It doesn't change the point that the fundamental changes at Game Stop are really good and the stock is very undervalued.


Posted by teke184
Zachary, LA
Member since Jan 2007
103140 posts
Posted on 10/4/21 at 2:06 pm to
Posted by teke184
Zachary, LA
Member since Jan 2007
103140 posts
Posted on 10/4/21 at 2:06 pm to
Edit - Apparently this bears repeating
This post was edited on 10/4/21 at 2:07 pm
Posted by GhostOfFreedom
Member since Jan 2021
13086 posts
Posted on 10/4/21 at 2:09 pm to
quote:

this bears
Posted by GhostOfFreedom
Member since Jan 2021
13086 posts
Posted on 10/4/21 at 2:11 pm to
FOMO! FOMO!! FOMO!!!

Posted by YumYum Sauce
Arkansas
Member since Nov 2010
9388 posts
Posted on 10/4/21 at 2:14 pm to
quote:

Superstonk is basically a fringe online conspiracy theory group at this point.


They've got the facts mostly right. They know what happened, and who cheated, and why. They know the system is rigged, and found a massive hill to die on.

I just dont think the "system" will ever let them win.
edit: still holding 55 shares just in case.
This post was edited on 10/4/21 at 2:15 pm
Posted by GhostOfFreedom
Member since Jan 2021
13086 posts
Posted on 10/4/21 at 2:37 pm to
quote:

I just dont think the "system" will ever let them win.


That is my concern. They cheated. We know they cheated. They know we know they cheated.

The similarities with 3 November 2020 are shocking. Same establishment goons doing the cheating, in my humble opinion.


Posted by Signal Soldier
30.411994,-91.183929
Member since Dec 2010
8551 posts
Posted on 10/4/21 at 3:03 pm to
What date should I put for my calls?
Posted by LSUAngelHere1
Watson
Member since Jan 2018
10137 posts
Posted on 10/4/21 at 3:08 pm to
quote:

Superstonk is basically a fringe online conspiracy theory group at this point. They post a LOT of factually incorrect nonsense as evidence that the MOASS is coming. It's all very sad.

Fringe conspiracy theory you say?


Posted by lsu480
Downtown Scottsdale
Member since Oct 2007
92902 posts
Posted on 10/4/21 at 3:12 pm to
What are you laughing about?
Posted by GhostOfFreedom
Member since Jan 2021
13086 posts
Posted on 10/4/21 at 3:16 pm to
quote:

What date should I put for my calls?


I have no idea, but you can buy a fractional direct registered share via Computershare for 20 bucks.

It will establish an account for you and you are in the game!

https://www.computershare.com/us

It is actually fun and addicting. "gamification" and all that jazz...

edit: btw, looks like accounts are in the magical 420,000 range. I did a fractional a month ago and got one in the 50,000 range. It is AMAZING how quickly the accounts are growing. I am not really sure how ComputerShare sets there accounts, but it appears to be sequential.
This post was edited on 10/4/21 at 3:19 pm
Posted by Ted2010
Member since Oct 2010
38958 posts
Posted on 10/4/21 at 3:22 pm to
Explain this to me like I’m 5
Posted by jbdawgs03
Athens
Member since Oct 2017
12575 posts
Posted on 10/4/21 at 3:33 pm to
AMC Apes would like to join the MOASS party as well
Posted by LSUAngelHere1
Watson
Member since Jan 2018
10137 posts
Posted on 10/4/21 at 3:41 pm to
I’m ready for both!
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