Author: u/rensole
Good morning San Diago,
I am Rensole,
Kenny phone call, line one!
insert flashy intro card
Ok that was wild
Ok so for the people who missed the debacle yesterday let me recap it here real quickly.
Yesterday a good DD got posted, in that DD was a link to a pdf, the pdf was fine, the problem however lied with the website that the pdf was hosted on.
This website had some extreme political views, and because of that we donât allow it.
the mod team consists of people from all walks of life, and we try to respect everyone from every aspect. one of the ways we do that is making sure we donât support any form of discrimination, sexism or misogyny.
Everyone is welcome here, but people this is a sub about a specific stock, not politics or gender issues, so please keep to the stock.
The most important thing about this entire ordeal is that we learn to respect everyone, this is one of the many reasons why Iâve been trying to preach âapes donât fight apesâ. Because united we stand divided we fall.
thatâs why we wonât accept any posts or threads that may in some way shape or form divide us.
Also if you think âso what itâs about the pdf not the website its on right?â youâd be partially right but you need to think of the bigger picture, because right now how would it look if this goes on and a news site does an article about us (or another sub for that matter) can you imagine the headlines?
âDumb money associated with extremist websiteâ.
So please realize that this is something small that can turn into a big problem later down the road, we try to walk a fine line between allowing everything thatâs ok and not censor people and having a healthy sub which they wont take down.
The same thing goes for the new hires of GME, yes they are amazing but reaching out to them and fanboying is not going to help us, making threads objectifying them even less so. so for the love of god guys have a sense of decorum.
Now onto the news.
April 2nd
On april 2nd (this friday) the stock market will be closed, this is because of good friday.
Truffle shuffle
Today will mark the end of the first quarter, meaning that Hedgies will have to respond and show their books both long and short Itâs simple, shorts need the price as low as possible, trying to hide short interest, or FTD, or any of that shit is irrelevant today. and juxtaposed with that is for the long positions, they need the price to be as high as possible.
Also Iâve heard that today an hour before close the ETFâs are rebalancing, meaning we could see something happen, Iâm not saying liftof, Iâm saying it will be interesting.
Remember we donât do dates, and the hedgies will try to lie as much and as hard as possible to get their tendies, theyâll lie, cheat and scam their way to their fourth yacht.
So keep your expectations tempered about this.
New DTCC Filing 30 March - Recalculating Contributions for FICCâs Doomsday Fund (GOV1075-21)
wonât do a tldr just go check it here
and itâs short
The naked shorting scam revealed.
Ok so onto the naked sections
This was the good DD from yesterday The bad link has been since removed, now I know what a lot of you are thinking âBut Ren, those rules are oldâ and youâd be a 100% correct, the thing thatâs interesting to me is not that the rules have changed since then, but more the methodology used.
Kenny started learning in the 80âs and made his company in 1990, this means that the tricks he most likely knows are the old school ones, and those are the ones we are seeing today, canât teach an old dog new tricks right?
Well the DD in itself is good but we need a few wrinkle brains to look into this, because if that one checks out it would work really well with this DD and and this one.
I think that we may have found Achillesâ heel
This would in turn work well together with low availability of shares, the big FTD numbers, the glitches in TOS and the max pain theory.
Max payne? no not the videogame idiot max pain is the sweet spot in the middle of the puts and calls, this means if we stay in a sweet spot where they expire worthless, we help Kenny dig his own financial grave.
Because if you look at all the puts, calls and options there are a lot very low and a lot very high, but in the middle there arenât a lot of them. so thatâs the point where the stock uses âmax painâ and this dries the hedgefunds bit by bit. and this is why patience is key, we can stay retarded longer then they can remain solvent.
now this also means that the well has to dry slowly for this to work right?
well thank you u/33a as he did a chart of the available to borrow shares.
Now remember these are numbers from Iborrowdesk and these donât account for all of them but it does give a good indicator as to whatâs happening
| rank | ticker | Available | Fee | Float | Available/float |
|---|---|---|---|---|---|
| 1 | TKAT | 1000 | 543.60% | 5.97M | 0.0168% |
| 2 | DLPN | 100000 | 95.00% | 4.87M | 2.05% |
| 3 | GME | 6000 | 0.8% | 54.2M | 0.0111% |
| 4 | SPRT | 950000 | 20% | 15.2M | 6.25% |
| 5 | HOFV | 750000 | 21.8% | 45.5M | 1.65% |
| 6 | BNTC | 60000 | 107.4% | 3.98M | 1.51% |
| 7 | WKEY | 100000 | 54% | 6.35M | 1.57% |
| 8 | WAFU | 15000 | 108.2% | 1.18M | 1.27% |
| 9 | APOP | 85000 | 107.4% | 3.57M | 2.38% |
| 10 | RIOT | N/A | N/A | N/A | N/A |
| 11 | YVR | 350000 | 43.1% | 8.61M | 4.07% |
| 12 | APTO | 500000 | 8% | 84.8M | 0.59% |
| 13 | ZKIN | 55000 | 25.8% | 11.3M | 0.488% |
| 14 | KOSS | 75000 | 92.1% | 1.56M | 4.81% |
| 15 | IMMP | 550000 | 66.6% | 61.5M | 0.895% |
This is insane. Not only does GME have by far the fewest number of shares to borrow, but the fee is almost nothing. Itâs hard to get a sense of how far out of whack GME is with the rest of the universe from numbers, so HE made a chart to help visualize the gap:
On the X-axis, we have the normalized available shares, which is available shares to borrow / float. On the y-axis we can see the borrow fee. I had to make this LOG SCALE in order to be able to even see anything due to how distorted the numbers are with GME. There is a general trend that as the available borrow shares goes down, you see borrow fees go up (though some stocks have generally more shares and may be more liquid, affecting these numbers). We can see that TKATâs borrow fee is quite high at 543%, given that there are almost no shares available to borrow right now.
But LOOK AT GME! GME has even fewer shares available as a percentage of its float (they even ran out last week), and yet the borrow rate is almost 0. This is so out of whack that clearly something crazy is going on. I consider this strong evidence of some kind of collusion between the banks lending shares to manipulate the borrow fees for GME. There is no way that the fee should be so low.
I heard yaâll liked AMAâs
so we have Ms Alexis Goldstein coming on this Friday.
Now kenny can call the DTCC his daddy
https://www.reddit.com/r/GME/comments/mgn2v8/the_dtcc_is_the_dad_now_reviewing_13fhr_forms_for/
EXCELLENT!
Be friendly, help others!
as always we are here from all different walks of life and all different countries.
This doesnât matter as we are all apes in here, and apes are friends.
Doesnât matter if youâre a silverback a chimp or a bonobo.
We help each other, we care for each other.
Ape donât fight ape, apes help other apes
this helps us weed out the shills really fast, as if everyone is helpful, the ones who arenât stand out.
remember the fundamentals of this company are great, they should be above the current price point, so for the love of god if someone starts with trying to spread FUD, remind yourself of the fundamentals.
There is no sense of urgency, this will come when it comes, be a week, be it a month be it six.
We donât care, just be nice and lets make this community as Excellent as we can!
Remember none of this is financial advice, Iâm so retarded Iâm not allowed to go to the zoo âcause theyâll put me in the cage with the rest of my ape brothers.
If anything happens throughout the day I will be adding it here.
backups:
https://twitter.com/warden_elite
https://twitter.com/RedChessQueen99
And Iâll be posting updates as they happen here: