The Daily Stonk 07-19-2021

Good Morning San Diago

Due to events from the weekend, I do not believe rensole will be making a daily stonk so I will butt in for today if no one else makes one, I hope no one minds So let’s get into it.

Does anyone smell that?

insert flashy intro card

Mod Resignations And Addition

Due to the events during the last week and this weekend, several mods have stepped down from their positions, the mods who have resigned are as follows: redchessqueen99, Hey_Madie, rensole, jsmar18 (rejoined, glad you’re back), sharkbaitlol, Hieronymus1_1, and Broccaaa?

Moreover, ButtFarm69 has joined the mod team in order to try and help remedy the situation.

You can find more information about the resignations and the events that led up to it here:

Bringing in the fire extinguisher.

Everythings fucked up and there are no good solutions

BUCKLE THE FUCK UP. New changes in the Moderating Team.

Astro Gaming MoonJam

Today Tomorrow (oops) Astro and GameStop’s MoonJam festival starts.

You can find more info on the festival/event here:

https://go.minehut.com/moonjam and here

https://www.gamestop.com/collection/astro-gaming-moonjam

Second Bullhouse Session With SusanneTrimbath

Back to business!!!

credit to u/babynutzz

Gamestop hiring en masse

Can’t Stop Won’t Stop!

Gamestop has 6,618 OPEN POSITIONS listed on their website as of today. Almost all of them are retail. They’re about to do something BIG!

GameStop is hiring a new Director of SEC and Financial Reporting who will oversee “the equity process including tasks related to stock-based compensation, equity rollforward, shares outstanding, calculation of basic/diluted EPS,” etc. Bullish!

Essentially Gamestop is looking to hire a professional full-time to manage everything GameStop stock-related (presumably, the accounting department took care of it previously) from forms to annual proxy statement to potential dividends if GameStop decides to do so.

SR-NYSE-2021-40

SR-NYSE-2021-40 New York Stock Exchange Rulemaking: Notice of Filing of Proposed Rule Change to Adopt on a Permanent Basis the Pilot Program for Market-Wide Circuit Breakers in Rule 7.12.

credit to u/Dismal-Jellyfish

Sounds like the NYSE wishes to rollout circuit breakers (the thing that stops trading for 10 min if a stock price goes up or down too fast) for the entire market permanently.

S&P Dow Jones Indices LLC

Bank doing an illegal again.

Looks like someone was keeping the price steady and got cought! Pdf link: https: https://t.co/RYO11bfTAN?amp=1 ?

credit to u/Pocarel

S&P Dow Jones Indices LLC was hit with a Cease-and-Desist order due to manipulating VIX to keep prices stable.

GameStop has a short squeeze score of 100

#GME breaking. According to Thomson Reuters GameStop has short squeeze score of 100. That the maximum it can get. This index probably is the only index hasn’t be manipulated by big hedge funds and market makers because apes only check Bloomberg.

credit to u/CallMeMo2

credit to u/CallMeMo2

Note that it says Higher Likelihood Not that it’s guaranteed but Bullish never the less.

Junk Bonds

Junk Bond Yields Are Now Below Inflation For The First Time Ever. Buckle Up! Marge Is Going to Call More Hedge Funds!

“This is a function of too much cash in the system and too few attractive assets for investors to put their cash into,”

Market Cap

So i saw this, this morning and thought it would be braking news here but i havemt seen anything on this! Anyone know why market cap jumped $3Billion on a Saturday?

credit to u/Djpenguin681

Apparently, multiple brokers are displaying different market caps for Gamestop, is it another bug or more bad data?

GameStop’s Esports twitter

POWER UP! GameStop eSports Twitter verified 💪 in case there were skeptics still

credit to u/UpbeatIndica

I don’t think many were many were doubting the legitimacy of GameStop’s Esports Twitter account but more validity is always better, although note that getting verified on Twitter isn’t a guarantee of verification.

DTC-2021-013, NSCC-2021-008 and FICC-2021-006

Just a reminder: DTC-2021-013, NSCC-2021-008 and FICC-2021-006 go into effect today July 19, 2021

If anyone knows what these rules do, do tell in the comments or make a new post thank you.

Cloudstar Ransomeware attack

National emergency by monday? Cant close loans? Ransomware attack? 🧐

credit to u/Hirsutism

I have more than likely missed a lot of DD’s and posts due to the mess over the weekend and I wasn’t expecting to make a daily post so if I have missed something important please comment and tag me and I will try to add it if I can.

And apologies if the comments are a bit short, I’m not used to writing a lot and I like to be concise and to the point.

EXCELLENT!

Be friendly, help others!

as always we are here from all different walks of life and all different countries.

This doesn’t matter as we are all apes in here, and apes are friends.

Doesn’t matter if you’re a silverback a chimp or a bonobo.

We help each other, we care for each other.

Ape don’t fight ape, apes help other apes

this helps us weed out the shills really fast, as if everyone is helpful, the ones who aren’t stand out.

remember the fundamentals of this company are great, 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 don’t care, just be nice and lets make this community as Excellent as we can!

Remember one of the only ways to counter the Cointelpro we have seen is by being overly nice, so treat all the other apes as if you’re dating and you wanna get to first base.

ALSO DONT TRY TO EXPLOIT YOUR FANBASE, THIS WOULD ALSO BE EXCELLENT!

remember none of this is financial advice, I’m so retarded I’m not allowed to go to the zoo ‘cause they’ll put me in the cage with the rest of my ape brothers.

If anything happens throughout the day we will be adding it here.

backups:

https://twitter.com/ByeTriangle

https://twitter.com/BradduckF

https://twitter.com/ButtFarm69

Edit MoonJam is tomorrow Not today (was writing this at 4 am so forgot dates lol).

Edit lots of grammar.

Edit according to the “Bringing in the fire extinguisher.” post Broccaaa left the mod team but he/she is still in the mod list so idk if they have left or not if a mod could clear it up that would be great.

Edit some people have asked me why I decided to make a daily stonk so here is a small writeup if you care https://www.reddit.com/r/Superstonk/comments/onab8m/the_daily_stonk_07192021/h5qnt07/?context=3

And the reason I decided to keep the same format is 1 because I quite like it and 2 it feels like normal and I wanted to try and leave the weekend behind for the weekday folk that like normalcy, I wasn’t too sure if I should keep the some of the more rensole parts like the last part but I didn’t really want people to feel like I stole the format and twisted it into My own when I was just gonna post a roundup of the weekend, and the other times someone else covered they didn’t remove it so I kept it. ¯_(ツ)_/¯

Edit

T+21/T+35, options, net capital and OTM PUT’s

OTM PUTs are the passed puck of short positions that is slowly being passed back. The price movements are around monthly options, SLD periods, and net capital requirements. Not FTDs.

Criand has been looking at T+21/T+35 and believes that they aren’t what is causing the price movements and instead thinks “the price movements being about monthly options and net capital because it becomes a balance sheet issue.”.

He’s also looking into OTM PUT’s but I got to be honest I don’t think I can properly comment on it so go read it and make your own opinion.

Also, I found this funny.

Edit some small reformatting.

Edit

Google Consumer Survey to guess/extrapolate globally owned shares

Final Update of Google Consumer Survey * N=2,200; At LEAST 164MM $GME Shares in Hands of U.S. Retail; *My Best Guesstimate For Total Shares Owned Globally — 531MM

credit to u/Get-It-Got

Get-It-Got have used Google Consumer Survey in order to attempt to find out/ Guesstimate how many Gamestop shares exist in the marketplace, now there are margins of error but overall I’d say it looks pretty well done, although I am no expert so what do I know.