Tesla tumbled 60* bucks this morning

[smackaholic]

Bill, thanks for actually having a take on something rather than just screaming traitor.

Sounds as if you actually know something about the trading game. Could you explain the over 100% thing? Is it some sort of trickery or is it a legitimate thing?

What is your take on Robinhood's actions to cockblock all the little guys that were tag-teaming the evil hedge funders? I see that AOC and Ted Cruz actually agree that it is fuct. When those two agree you did something wrong and should be investigated, you're prolly in trouble.

Midget, I was kind of annoyed at your repeated pleading for me to repent, but, I'm warming a little to it now. So, continue. But I would ask that you at least put a little effort into doing it with the slightest bit of humor or creativity. TIA.

[Innocent Bystander]

SEC is going to prevent the little guy from ever doing this again in the States.

No they won't.

But besides that, why would they?

Rules for thee, not for me.

Anyway, if one can only buy whole shares, but one cannot buy fractional to make up a whole share, does that encourage people to sell their fractional (which is allowed) so they can buy a whole?

What happens in that millisecond to the sold fractional share?

Who is allowed to buy fractions right now?

Why allow the sells of a share, but not the buying of shares?

Something is still fucky.

[Innocent Bystander]

You sure are dumb, which is probably why you are a traitor. The Trading Places reference was to WHY the Dukes were wiped out. Because they shorted the wrong thing.
And yes you can short over 100%, but like you said you have no idea what you are talking about.

Why are these hedge funds allowed to short over 100%?

It's not just hedge funds. Anyone can sell short. It's the collective trade which gets to over 100% of issuance.

If they're allowed to get over 100% of issurance, why are they not allowed to swallow the risk of going over 100% issuance?

[Bill in Houston]

SEC is going to prevent the little guy from ever doing this again in the States.

No they won't.

But besides that, why would they?

Rules for thee, not for me.

Anyway, if one can only buy whole shares, but one cannot buy fractional to make up a whole share, does that encourage people to sell their fractional (which is allowed) so they can buy a whole?

You can buy fractional shares. Or whole shares. Why do you say you can't?

BTW, if you're trading market orders you are a chump.

What happens in that millisecond to the sold fractional share?

It gets routed.

Who is allowed to buy fractions right now?

You and I and anyone else is allowed.

Why allow the sells of a share, but not the buying of shares?

Christ you are dumb. Go back and read... ah fuck it.

[Bill in Houston]

Why are these hedge funds allowed to short over 100%?

It's not just hedge funds. Anyone can sell short. It's the collective trade which gets to over 100% of issuance.

If they're allowed to get over 100% of issurance, why are they not allowed to swallow the risk of going over 100% issuance?

The options will settle by or before the expiration. Equity trades will settle sooner, depending upon the exchange.

Why do you think they (whoever the hell that is) isn't allowed to swallow the risk?

Do you think the traders of short sales don't have risk? Go back and read... ah fuck it.

[Innocent Bystander]

Hi, Bill. Robin Hood didn't allow small investors to purchase GME or about 5 other stocks yesterday, saying the stocks were unsupported. HOWEVER, you could sell as many of them as you liked.

Later in the day, after the owner Vlad got on TV to explain why and Ted Cruz and AOC both went huh? ... so RH reversed position saying they would allow the owning (not buying) of up to 5 stocks as of this morning. You could only buy whole shares, not fractionals. If you already owned more than 5, you couldn't buy more. If you owned 4 and a fractional, you had to sell the fractional before being allowed to buy a 5th. They sent a message to every app user telling them the limits of about 10 different stocks they would be allowed to buy. There were no limits to sales.

As of a little while ago, the limit for GME lowered from owning 5 to 2. If you owned more than two, you can't buy more.

[Innocent Bystander]

This is the reason RH has to limit, correct? They don't have access to enough stocks to satisfy customer demand, but these other companies hold enough of the stock to be able to do so for their own clientele? Or no?


I don't know what this means.



Kierland, is this what you're talking about?

Thank you.

[Innocent Bystander]

This is the reason RH has to limit, correct? They don't have access to enough stocks to satisfy customer demand, but these other companies hold enough of the stock to be able to do so for their own clientele? Or no?


How can a group of companies own over 100% of an item?


I don't know what this means.



Kierland, is this what you're talking about?

Thank you.

[Kierland]

Yep
We are hammering their short on silver.
Much harder to do with a physical thing, but it’s still holding at 27$.

[Kierland]

Bill, thanks for actually having a take on something rather than just screaming traitor.

Sounds as if you actually know something about the trading game. Could you explain the over 100% thing? Is it some sort of trickery or is it a legitimate thing?

What is your take on Robinhood's actions to cockblock all the little guys that were tag-teaming the evil hedge funders? I see that AOC and Ted Cruz actually agree that it is fuct. When those two agree you did something wrong and should be investigated, you're prolly in trouble.

Midget, I was kind of annoyed at your repeated pleading for me to repent, but, I'm warming a little to it now. So, continue. But I would ask that you at least put a little effort into doing it with the slightest bit of humor or creativity. TIA.

Fuck off you orange jizz soaked traitor. You are the joke so there is no need for me to drop a funney.

Do you think there might be a correlation between you not knowing anything about the market and yet still commenting on it and your shit takes on stop the steal?

[Innocent Bystander]

Bill, thanks for actually having a take on something rather than just screaming traitor.

Sounds as if you actually know something about the trading game. Could you explain the over 100% thing? Is it some sort of trickery or is it a legitimate thing?

What is your take on Robinhood's actions to cockblock all the little guys that were tag-teaming the evil hedge funders? I see that AOC and Ted Cruz actually agree that it is fuct. When those two agree you did something wrong and should be investigated, you're prolly in trouble.

Midget, I was kind of annoyed at your repeated pleading for me to repent, but, I'm warming a little to it now. So, continue. But I would ask that you at least put a little effort into doing it with the slightest bit of humor or creativity. TIA.

Fuck off you orange jizz soaked traitor. You are the joke so there is no need for me to drop a funney.

Do you think there might be a correlation between you not knowing anything about the market and yet still commenting on it and your shit takes on stop the steal?

The election was stolen, Kierland. Smackaholic is correct

[Diego in Seattle]

Bill, thanks for actually having a take on something rather than just screaming traitor.

Sounds as if you actually know something about the trading game. Could you explain the over 100% thing? Is it some sort of trickery or is it a legitimate thing?

What is your take on Robinhood's actions to cockblock all the little guys that were tag-teaming the evil hedge funders? I see that AOC and Ted Cruz actually agree that it is fuct. When those two agree you did something wrong and should be investigated, you're prolly in trouble.

Midget, I was kind of annoyed at your repeated pleading for me to repent, but, I'm warming a little to it now. So, continue. But I would ask that you at least put a little effort into doing it with the slightest bit of humor or creativity. TIA.

Fuck off you orange jizz soaked traitor. You are the joke so there is no need for me to drop a funney.

Do you think there might be a correlation between you not knowing anything about the market and yet still commenting on it and your shit takes on stop the steal?

The election was stolen, Kierland. Smackaholic is correct

If that were true the lawyers for Trump would have produced evidence of that. Instead, they even argued that there was no fraud. And that's why Trump's claims of a stolen election was rejected in more than 60 court cases, some heard by...wait for it...Trump appointees.

[Mikey]

Don't bother Diego. It's useless. IB probably also believes that Hillary kills babies and drinks their blood.

[Kierland]

I asked her politely to not act the fool, she made it a few hrs.

[dan's college room mate]

Fuck off you orange jizz soaked traitor. You are the joke so there is no need for me to drop a funney.

Do you think there might be a correlation between you not knowing anything about the market and yet still commenting on it and your shit takes on stop the steal?

The election was stolen, Kierland. Smackaholic is correct

If that were true the lawyers for Trump would have produced evidence of that. Instead, they even argued that there was no fraud. And that's why Trump's claims of a stolen election was rejected in more than 60 court cases, some heard by...wait for it...Trump appointees.

Evidence was produced.

The trouble is proving anything one way or another with a mass mail is system is impossible.

I’m hoping the Republicans in state legislatures find their balls and do something about it, but I’m not confident they will.

Trump was right to pursue it in court, but in the end, no judge was gonna take the heat for pointing out that the rules weren’t being followed until after the game was played. It’s gotta be done beforehand.


Sent from my iPhone using Tapatalk

[Kierland]

Fuck off traitor

[Softball Bat]

The election was stolen, Kierland. Smackaholic is correct.

Smackaholic fell short of saying Trump probably (or definitely) won.
He said "nobody knows" who won.
LOL

Friggin' squid.


You are the only person on the board who has chimed in with the claim that Dump won.

Post your proof of that.

[dan's college room mate]

The election was stolen, Kierland. Smackaholic is correct.

Smackaholic fell short of saying Trump probably (or definitely) won.
He said "nobody knows" who won.
LOL

Friggin' squid.


You are the only person on the board who has chimed in with the claim that Dump won.

Post your proof of that.

I will say that I think he won.

But that ain’t good enough in court.

The fact is it was a mass mail free for all shit-show.

Most European countries realized long ago that such systems are ripe for fraud and they’ve done away with them.

We are the laughing stock of the world.

And when there is no confidence in an election, the result is the shitshow we saw on 1/6.


Sent from my iPhone using Tapatalk

[Softball Bat]

IB and smackaholic believe Dump probably (or definitely) won.

You realize all of us who laff at you can show a mountain of PROOF that Dump did not win.
In fact, it wasn't even really close.

You and IB show us -----> nothing.

We are the laughing stock of the world.

True dat.

[Kierland]

dan has no confidence in election of Dump but does for all other candidates and he also has confidence in Dump himself.
Fuck off traitor.

[Mikey]

Most European countries realized long ago that such systems are ripe for fraud and they’ve done away with them.

Which ones, exactly?

And why are you using socialist shit holes as an example of how we should run our democracy?

[dan's college room mate]

Even shithole socialists get some things right.

France banned it in 1973 because of widespread fraud. They do make exceptions for those that can prove a need.

https://papers.ssrn.com/sol3/papers.cfm ... id=3666259

It’s really not a difficult concept to grasp. If ballots are sent out by mail, there really is no way to know who filled them out. And please save me the matching sig argument. That is highly subjective.

And the point here is to take subjectivity out of it.

Show up at a polling station, ID in hand.

I realize that many partisans on the conservative side want to make it as restrictive as possible by making it in person on one day.

That’s bullshit.

In fact, all of last year I was screaming at that Orange idiot to get behind multi-day in person voting rather than just pointing out that mass mailing is ripe for fraud.

One of my knocks on him, and trust me, there are plenty is that he’s really good at pointing out problems, but not terribly good at solutions. Multiple day in person voting would have been a viable solution to the problem of crowds during CV.


Sent from my iPhone using Tapatalk

[Innocent Bystander]

Frank Olson, Sonny Liston, Gary Webb and Frances Farmer all shrug in Paradise. Monica Lewinsky and Buzzworthy (of all placeshttps://www.buzzworthy.com/15-conspiracies-that ... o-be-true/ ) shrug in the hear and now.

Anyway, ...

[Innocent Bystander]

... I like this post:

pieisoverrated210123:1:157m

I get it now. I completely understand why nobody is selling for the money.

Discussion

I got into $GME very late. I had a couple shares back at $20, had paper hands, and sold. I went all in a couple of days ago. Despite it only being a couple of days, I've been lurking here for a bit. The amount of 6 figure, 7 figure, and 8 figure gains I was seeing was blowing my mind. More than that, it was blowing my mind that nobody was selling. I thought, "you made a 7 figure profit, what more do you want?" Now that I'm all in, I've been staying more up to date with the things that are happening. And now I get it. I understand why nobody is selling.

I just saw a video of a billionaire saying it's unfair what's going on. I saw a billionaire say, "he's just trying to make a living". I saw an article call WSB an alt-right hate group. I havent seen one billionaire against this movement speak on the recession of 2008. But I have seen stories in WSB of families deteriorating by the days because of the recession. I've seen blatant market manipulation to keep the common man from trading. I've seen countless slanders and whining over the last couple of weeks.

You know what else I've seen during this time? I saw a guy on here donate switches to St. Jude. I saw a different guy donate money to St. Jude. I saw a guy pay for his dogs surgery. I saw a dude pay off his student loans. I saw a CEO donate it all to a charity for small businesses. I've seen somebody be able to buy a place after living in their car.

This is all so much bigger than money. That's cliche as fuck, but God it's true. I'm stuck between my blood boiling and my eyes watering. Honestly, I don't have a huge investment into Gamestop. Its not like my shares alone hold any bearing on Melvin making this out alive or not - but it's all I have. I went from freaking out over losing $100 in a day, to losing thousands in a day and just kinda smirking.

To be honest, I planned on getting out if it hit $1000. But IM NOT GETTING OUT. Truthfully, I'll survive without this money if it tanks. Obviously money would be nice, but I know some others out there probably need it more. All that I do ask, if you do make it out of this not holding the bag, please do something good with your profits. Please don't turn into the greedy leeches on wall street.

tl;dr - I like this stock. I like you all. Big like, no sell

Edit: can we cook tendies out on Saturn or do we need to bring our own?

WSBers are rich fucks who shitpost with play money. It's easy to hold when you don't need something. Money isn't the object, winning is .... they're banking on cake and eating it too.

[L45B]

Duh, they’re racist bigot nazis, and likely white supremacists who love fascism and Hitler and Clint Eastwood.

Im sure our bureaucrat heroes will figure out how to spin fix this so that what they say sounds inspirational (“we’re behind the little guys”) but what they actually do is ensure they can still give $800k speeches in the future.

Give them time. They’re circling back to us on that.

[Innocent Bystander]

Duh, they’re racist bigot nazis, and likely white supremacists who love fascism and Hitler and Clint Eastwood.

Im sure our bureaucrat heroes will figure out how to spin fix this so that what they say sounds inspirational (“we’re behind the little guys”) but what they actually do is ensure they can still give $800k speeches in the future.

Give them time. They’re circling back to us on that.

That's what facebook claimed when they nuked their facebook page, and what discord claimed when they nuked their discord chat.

I shrugged. They're mostly cac cacs, rice cacs, dot cacs and khazar cacs, so the racism charge is true. HOWEVER, that wasn't why they were nuked. They got the same treatment as Trump, Jones and Farrakhan: censorship for not towing the line. They learned that they weren't safe.

The bureaucrats will do what their owners pay them to do.

Biden will do whatever his nanny tells him to as Jill channels her inner Edith and Nancy ...



Is Keith Gill being prepped for the moot treatment (a google like lucrative fund gig to get him out of the way without any true power/influence) or the kappy treatment (an accident)?

[Kierland]

Duh, they’re racist bigot nazis, and likely white supremacists who love fascism and Hitler and Clint Eastwood.

Im sure our bureaucrat heroes will figure out how to spin fix this so that what they say sounds inspirational (“we’re behind the little guys”) but what they actually do is ensure they can still give $800k speeches in the future.

Give them time. They’re circling back to us on that.

I don’t speak echo chamber. Would you mind translating that dribble?

[Kierland]

Even shithole socialists get some things right.

France banned it in 1973 because of widespread fraud. They do make exceptions for those that can prove a need.

https://papers.ssrn.com/sol3/papers.cfm ... id=3666259

It’s really not a difficult concept to grasp. If ballots are sent out by mail, there really is no way to know who filled them out. And please save me the matching sig argument. That is highly subjective.

And the point here is to take subjectivity out of it.

Show up at a polling station, ID in hand.

I realize that many partisans on the conservative side want to make it as restrictive as possible by making it in person on one day.

That’s bullshit.

In fact, all of last year I was screaming at that Orange idiot to get behind multi-day in person voting rather than just pointing out that mass mailing is ripe for fraud.

One of my knocks on him, and trust me, there are plenty is that he’s really good at pointing out problems, but not terribly good at solutions. Multiple day in person voting would have been a viable solution to the problem of crowds during CV.


Sent from my iPhone using Tapatalk

You hate Americans and you want to take their vote, we get it. Now fuck off Nazi.

[smackaholic]

You hate Americans and you want to take their vote, we get it. Now fuck off Nazi.

I don't hate Americans, in general.

I don't want to take anyone's vote and you can't show any evidence that I do. I do think that those who are able, should be required to show up, ID themselves and cast it.

[Kierland]

Papers please.

Sin,
Traitoraholic

And the evidence is that you backed the orange marmalump and his bid to disenfranchise millions of Americans. Fuck off traitor.

[Softball Bat]

Folks, we are, imo, on the precipice of a MAJOR market/internet/economy/freedom -----> shit storm.

It's about to get real.

You can jerk with people in a lot of ways, and they will accept it and adapt.
But when you blatantly jerk with their money, no, no.

The markets have been fake since 2009.
Now in the Covid era they are just flat out loony toon.
People have been getting rich on a grand scale by fraud and deceit, while common folks have taken it up the @ss.

Game is up.
Fireworks are about to get started.

GO time.


This week will be very interesting.

[Kierland]

Replace the “one share” with “20 shares” and this is literally me and my family’s text string last week.

[Mikey]

Even shithole socialists get some things right.

France banned it in 1973 because of widespread fraud. They do make exceptions for those that can prove a need.

https://papers.ssrn.com/sol3/papers.cfm ... id=3666259

It’s really not a difficult concept to grasp. If ballots are sent out by mail, there really is no way to know who filled them out. And please save me the matching sig argument. That is highly subjective.

And the point here is to take subjectivity out of it.

Show up at a polling station, ID in hand.

I realize that many partisans on the conservative side want to make it as restrictive as possible by making it in person on one day.

That’s bullshit.

In fact, all of last year I was screaming at that Orange idiot to get behind multi-day in person voting rather than just pointing out that mass mailing is ripe for fraud.

One of my knocks on him, and trust me, there are plenty is that he’s really good at pointing out problems, but not terribly good at solutions. Multiple day in person voting would have been a viable solution to the problem of crowds during CV.


Sent from my iPhone using Tapatalk

So one country equals “most” and even that country hasn’t banned mail-in voting.

Whatever.

[Mikey]

My portfolio dropped almost 4.5% last week, and I didn’t make a single trade other than my automatic 401(k) deduction.









It still gained 3.5% for the month of January, which is not a bad rate of return. So I’m not too worried.

This is why we diversify and never stop the dollar cost averaging that comes with regular payroll deductions.

[Kierland]

Mine is way up thanks to my nerd friends on Reddit. And with silver up I’m good for precious metals too.

[smackaholic]

Even shithole socialists get some things right.

France banned it in 1973 because of widespread fraud. They do make exceptions for those that can prove a need.

https://papers.ssrn.com/sol3/papers.cfm ... id=3666259

It’s really not a difficult concept to grasp. If ballots are sent out by mail, there really is no way to know who filled them out. And please save me the matching sig argument. That is highly subjective.

And the point here is to take subjectivity out of it.

Show up at a polling station, ID in hand.

I realize that many partisans on the conservative side want to make it as restrictive as possible by making it in person on one day.

That’s bullshit.

In fact, all of last year I was screaming at that Orange idiot to get behind multi-day in person voting rather than just pointing out that mass mailing is ripe for fraud.

One of my knocks on him, and trust me, there are plenty is that he’s really good at pointing out problems, but not terribly good at solutions. Multiple day in person voting would have been a viable solution to the problem of crowds during CV.


Sent from my iPhone using Tapatalk

So one country equals “most” and even that country hasn’t banned mail-in voting.

Whatever.

I cited France as an example. They aren't the only ones.

And I NEVER said there should be an outright ban. Neither did Uncle Donny. There are people with a legitimate need for an absentee ballot. They are primarily military, but not all. France understands this. Anyone interested in legitimate elections understands it.

Orange man bad and the Republicans fukked up, by not coming up with a viable solution last year (multiple day voting).

[Innocent Bystander]

My portfolio dropped almost 4.5% last week, and I didn’t make a single trade other than my automatic 401(k) deduction.









It still gained 3.5% for the month of January, which is not a bad rate of return. So I’m not too worried.

This is why we diversify and never stop the dollar cost averaging that comes with regular payroll deductions.

Diversification don't mean shit when when it just takes a single Mule removing a card to bring down an Empire.

[Innocent Bystander]

Mine is way up thanks to my nerd friends on Reddit. And with silver up I’m good for precious metals too.

If you bought paper silver, you played yourself. But you're a rich boy and not only know better but have the means and the capital to hold physical -- though apparently no little person will ever be able to hold enough (or call in enough) to make a difference.

[Kierland]

Even shithole socialists get some things right.

France banned it in 1973 because of widespread fraud. They do make exceptions for those that can prove a need.

https://papers.ssrn.com/sol3/papers.cfm ... id=3666259

It’s really not a difficult concept to grasp. If ballots are sent out by mail, there really is no way to know who filled them out. And please save me the matching sig argument. That is highly subjective.

And the point here is to take subjectivity out of it.

Show up at a polling station, ID in hand.

I realize that many partisans on the conservative side want to make it as restrictive as possible by making it in person on one day.

That’s bullshit.

In fact, all of last year I was screaming at that Orange idiot to get behind multi-day in person voting rather than just pointing out that mass mailing is ripe for fraud.

One of my knocks on him, and trust me, there are plenty is that he’s really good at pointing out problems, but not terribly good at solutions. Multiple day in person voting would have been a viable solution to the problem of crowds during CV.


Sent from my iPhone using Tapatalk

So one country equals “most” and even that country hasn’t banned mail-in voting.

Whatever.

I cited France as an example. They aren't the only ones.

And I NEVER said there should be an outright ban. Neither did Uncle Donny. There are people with a legitimate need for an absentee ballot. They are primarily military, but not all. France understands this. Anyone interested in legitimate elections understands it.

Orange man bad and the Republicans fukked up, by not coming up with a viable solution last year (multiple day voting).

My legitimate reason is I’m an America. Fuck you traitor.

[Innocent Bystander]

Replace the “one share” with “20 shares” and this is literally me and my family’s text string last week.

Tit for tat, this


for that. It won't work because of what someone analyzed below...


What is this shit?

https://www.reddit.com/r/wallstreetbets ... t1_glj2msx

[+] Better analysis than CNBCs BS

I have been following GME since mid-September and over that time I have banked myself a %1300 return in the process. However, the whole time I was a little puzzled with how severe the reactions from Wall Street have been, especially this week. "The company had more than 100% of its stock sold short! That's never happened before!", you say. I know, I know, but that's not actually not a new thing. A short squeeze, even one of this magnitude, should have squoze by now with GME up more than 10x in the span of weeks. Something is just not right. I think there is something much, much bigger going on here. Something big enough to blow up the entire financial system.

Here is my hypothesis: I think the hedge funds, clearing houses, and DTC executed a coordinated effort to put Game Stop out of business by conspiring to create a gargantuan number of counterfeit shares of GME, possibly 100-200% or more of the shares originally issued by Game Stop. In the process, they may have accidentally created a bomb that could blow up the entire system as we know it and we're seeing their efforts to cover this up unfold now. What is that bomb? I believe retail investors may hold more than 100% of GME (not just 100% of the float, more than 100% of the actual company). This would be definitive proof of illegal activity at the highest levels of the financial system.

For you to follow this argument, you need to go read the white paper "Counterfeiting Stock 2.0" so you understand how the hedge funds can create fake stock out of thin air and disguise it so it looks like real shares. They use these fake shares in short attacks to drive the price of a company down until they put them into bankruptcy. This practice seems to be widespread among hedge funds that go short. There is even a term for it, "strategic fails–to–deliver." Counterfeiting shares is extremely illegal (similar level to counterfeiting money) but it's very difficult to prove and even getting the court to approve subpoenas because of the way the financial industry has stacked the deck against investigations.

This completely explains why so many levels of the financial system seem to be actively trying to get in the way of retail investors purchasing more GME. It's not just about a short squeeze, it's about their firms' very existence and their own personal freedom. We have the opportunity to put all these people in jail by proving that we own more than 100% of shares in existence.

There are are 71 million shares of GME that have ever been issued by the company. Institutions have reported to the SEC via 13F filings that they own more than 102,000,000 shares (including the 13% of GME stock is owned by Ryan Cohen). Now, I don't know the delay/variance on these ownership numbers, but I think there is a pretty solid argument that close to 100% of GME is owned by these firms, if not more.

Moreover, there are now more than 7 million people subscribed to r/wallstreetbets~~. I know lots of people here are sitting on a few hundred shares that they bought back when it was under $50. Some of us are even holding thousands. If the average number of shares owned by each subscriber is even close to 5-10, we have a very good shot at also owning a similarly enormous amount of GME.~~ Even if the average was just 10 shares per legit subscriber, that puts the minimum retail position at about 30-50% of the entire company.

GME has been on the NYSE threshold list for almost a month. We don't have January data yet, but I just analyzed the data from the SEC's fails–to–deliver list for December (all 65,871 lines of it) and looked up the number of shares that were likely counterfeit. For comparison, I did the same for a couple random tickers. Most companies have close to no shares not show up. Of those that do, it's a relatively small number of shares. For example, two random companies: Lowes ($LOW, ~$125B market cap) had 13,960 shares fail to be delivered at its highest point that month, Boston Beer Company ($SAM, $11.5B market cap) had 295 shares fail to be delivered.

How many shares of GME failed to deliver? 1,787,191. As the white papers points out, the true number of counterfeit shares can be 20x this number. How bad do you think that number will be when we get the numbers for January? I'm willing to bet its many times that. Look at how that compares to other companies' stock:

Histogram showing number of shares that weren't delivered in December (x-axis) vs the number of companies that fall into that bin (y-axis). GME is an extreme outlier.

I think this explains all the shenanigans going on the last few days. There is way too much counterfeit GME stock out there and DTC, the clearing houses, and the hedge funds are all in on it. That's why there has been such a coordinated effort to disrupt our ability to buy shares. No real shares can be found and it's about to cause the system to fall apart.

TLDR; We probably own way more of GME than we think and that is freaking out Wall Street because it could prove they've been up to some extremely illegal shit and the whole system could implode as a result.

Disclaimer: I'm just a starving engineering PhD student and I don't work in finance. I have no inside knowledge of how the financial system works and I may be wrong on some of this. This is not financial advice and you shouldn't trade based on it. I am book-smart but I still eat crayons like the rest of you. Obligatory rocket: 

​

EDIT 0: Looks like I truly belong on this sub. On the first version of this post I didn't read the file description properly and summed a cumulative distribution. My numbers were wrong, but I have updated the plot and post with the correct numbers.

EDIT 1: You should also note this is the distribution for NASDAQ tickers, not the entire NYSE. I doubt that the distribution trend is any different though.

EDIT 2: Evidence that Fannie May and Freddie Mac were killed in 2008 via short attacks using counterfeit shares: report. Exactly what I think they were trying to do to GME.

EDIT 3: A lot of people were hung up on the "3 shares per wsb subscriber thing". I know many accounts are bots, I was intentionally underestimating that number. I have adjusted to 10 shares per "legit subscriber" to reflect this without changing the total amount I think retail owns.

EDIT 4: What I'm seeing on Twitter makes me think I'm being interpreted a little too hyperbolically when I say "Something big enough to blow up the entire financial system." We're not going to go back to mud huts, people. This could just be really disruptive for a short amount of time and cause a number of firms to face liquidity problems, possibly bankrupting some of them. Life will go on and I'm confident regulators and government will step in and protect people if necessary. Hopefully they pay more attention to enforcing securities laws going forward to prevent this from happening again.

EDIT 5: Backup link for white paper.

EDIT 6: I am getting thousands of messages. I won't be able to respond to all of them. Here is an FAQ:

How do I learn investing?I am not an authority on this, but my personal opinion is to first learn how to read a company's financial documents and value businesses and only then start thinking about putting your money into specific stocks. Read "the intelligent investor" by Benjamin Graham for this. Then learn how to think about picking stocks. I like Peter Lynch's books for this.What is going to happen this week?I have no idea and I wouldn't dare to guess.Are you going to be killed?I don't know where people are getting this idea. I have no special knowledge or insider contacts, and I am in no way, shape, or form an expert on the market or the system behind it. Please treat my tinfoil-hat conspiracy theories as just that. There is nothing to gain from harming me and I have no doubts about my safety. These are just personal opinions and I don't have any schemes to "take down the shorts" or anything like that. I do not advocate for you to buy, hold, or sell. I'm just postulating on how we might have found ourselves in this place.

Biden Harris ain't gonna do shit.