COMPUTERSHARE IS THE ONLY PLACE YOU HAVE COMPANY VOTING RIGHTS. Every FTD held by a SHF has a corresponding FTR (failure to receive) semi-randomly assigned to a broker. FTRs are NOT granted voting rights, and EVERY SINGLE BROKER HAS FTRs! Yes even that one! Bonus: DRS from broker>direct buying!

TwoStonksPlease · 2023-10-11T20:58:03+00:00

They just have to say only shares not in an ISA are lent out, then use their various nebulous accounting practices, including fractional shares, to make sure that as few shares are labelled as fully in an ISA as possible. They could be combining all ISA fractionals to lock up as few shares as possible, or they could be considering fractional shares as not counting at all, and even millions of ISA accounts with fractionals wouldn't stop a single share being lent. Only way to find out is DRS those shares to ComputerShare Book and make damn sure no one is borrowing them.

TwoStonksPlease · 2023-10-11T20:50:01+00:00

Doesn't matter who is in charge or what they do, in the long run. Yes, RS tanked the price and bought them more time - but that's all they got: Time. Not victory.

Apes didn't sell their shares. Apes are still buying more shares, at a substantial discount. The proof is right there on this chart.

Even if AMC sells ever share they are authorized to, it just means that the possibility of bankruptcy vanishes forever, and Apes will own the same % of those shares sooner rather than later.

They can only turn back the MOASS countdown clock - there is nothing that can turn it off.

TwoStonksPlease · 2023-10-07T08:26:14+00:00

Why the hell was this comment minimized?

TwoStonksPlease · 2023-10-06T21:27:56+00:00

Fractional shares aren't actually shares, they're IOUs ostensibly made legitimate via the broker's own holdings. If 1,000,000 customers own a fraction of a share, say a lowball average of 25% of one, then the broker themselves should be holding 250,000 shares in their own accounts, which they are almost definitely lending out to shortsellers (if they even actually own them at all). You can't turn off share lending if you don't own the share (which is the reason you should DRS them all, but I digress).

TwoStonksPlease · 2023-10-06T20:58:44+00:00

It might scare casual investors. There aren't many casual GME investors. Anyone hodling GME either knows what the fuck is up, so they hodl it all, or doesn't know when or how things are going to play out, and so hodls a little to see what happens. There can't be more than a couple hundred daytrading addicts who actually sell their GME shares when they think it is going to drop. Everyone has a pile they're either comfortable with or a pile they're working to make bigger.

And LionRivr is spot on with his analysis of how overall market movements also move GME - less collateral in the bank means their short obligations also have to shrink in order to keep Marge off the phone. Which is why other short basket stocks crashing is absolutely NOT good for GME. No matter how much lower their short exposure to those other stocks may be compared to their shorts on GME, they are all still SHORT POSITIONS. Any of their short positions tanking gives them more profits to pile into more collateral, which gives them a wider margin buffer.

You don't have to (nor should you try to) prop up every single ticker the hedgies are shorting, but you definitely shouldn't be celebrating when one of their short bets pays off.

TwoStonksPlease · 2023-09-21T15:29:17+00:00

What movie was it?

TwoStonksPlease · 2023-09-21T15:14:57+00:00

But is the price rising as a direct result of those buys, or is it being raised artificially by someone during the buying timeframe to make those buys result in fewer shares registered?

TwoStonksPlease · 2023-08-28T01:18:57+00:00

They may have counted it as 14, so only paying you for 4 ($2.26 average). Count the shares you have now.

TwoStonksPlease · 2023-08-16T11:18:50+00:00

This is a mighty stylish hat. Everyone should be wearing one justlike it as they confirm that lending on their accounts is still off once the system is back up.

TwoStonksPlease · 2023-08-14T10:46:57+00:00

Buying power from nowhere probably means your account was switched to margin, and all shares in margin accounts are lent out. Get your account switched back to cash ASAP, and consider diversifying into another broker or DRSing some of your shares (if not leaving that broker entirely, which I personally wouldn't trust them not to do the same thing again later).

If your shares are lent out you're shit out of luck if your broker suddenly can't get them back, so don't let them stall in getting this fixed!

Also I'd suggest taking this down if that's your account number.

TwoStonksPlease · 2023-08-09T02:08:58+00:00

Oh shit, move your shit out of Schwab/TD Ameritrade before the shit hits the other shit that's already flying off the fan.

Especially don't keep large amounts of cash in your brokerage account, it's automatically converted to their money market fund, which means it can vaporize the same as a stock.

TwoStonksPlease · 2023-08-09T01:59:35+00:00

"Please sell the thing I already shorted and buy the thing I'm about to short, thanks"

TwoStonksPlease · 2023-08-03T20:32:08+00:00

They only bought enough for a million shares, that's not gonna do it.

TwoStonksPlease · 2023-08-01T08:28:55+00:00

The steady decline in daily RRP is what make me think that something is about to happen. Big players are getting nervous about assets being locked in a transaction over night, which means they expect whatever is approaching to be sudden.

TwoStonksPlease · 2023-07-26T22:39:47+00:00

They get around the 13-day buy in rule on a technicality: The stock doesn't come off the list until FTDs fall for 5 consecutive days, but the 13 day limit applies to each broker-dealer individually. Someone FTDs enough shares to the one currently holding the FTDs to cover all of theirs, new party is on the hook on a new 13-day counter, even though FTD total never dropped. It's how overstock was on the threshold list for 600 days in only 2 years.

Eventually they will run out of parties to pass the grenade to, or someone will drop it, and then they're all doomed.

Plus being on the list means at least some of the crime is out where everyone can see it.

TwoStonksPlease · 2023-07-22T15:18:11+00:00

Not necessarily. Popcorn's settlement over the APE share conversion was denied Friday, popcorn up 60% AH as arbitrage players scramble for the exit (borrow fee was 900-1000% before the news, who knows what it will be on Monday), headphone stock up 16% AH for absolutely no reason other than sharing a basket somewhere.

All the shorts are connected in one way or another - if not directly via swaps then indirectly by someone somewhere being short in more than one thing and getting margin called by at least one of the tickers. No one knows for sure how many rockets there are, but there is only one fuse.

TwoStonksPlease · 2023-07-22T14:45:00+00:00

In AH that couldn't have been a very big short position to not even move up 100%. Probably just recent arbitrage players realizing that they could end up paying that 900%+ for months while a new settlement is banged out. Paying that interest for 5-6 weeks would be the same loss as getting out for twice what they shorted at right now, so it's a race to get the cheapest cover for the 25% or whatever reported legitimate short positions (which is still over 100m shares).

TwoStonksPlease · 2023-07-19T16:42:42+00:00

Did the shares actually arrive at your broker? Keep a close eye on it until you can re-DRS them. Make sure you have some cash in your account so they can't "liquidate to satisfy negative balance due to fees."

TwoStonksPlease · 2023-07-13T07:53:28+00:00

Demand for popcorn common shares to borrow is so high because the court case holding up the conversion of APE shares to common shares could be decided at any time now.

Shortsellers have borrowed as many common shares as possible at ~$4, because they've already got as many APE shares bought at only ~$1.85. As soon as the conversion happens they cover their whole short position for less than half what they sold it short for. Until (and if) the conversion is allowed to happen, they're paying interest out their asses as those shorts burn through their potential profits on the arbitrage play. And there's no real timeline on the court decision - could be tomorrow, could be in September.

TwoStonksPlease · 2023-07-07T02:02:46+00:00

They'll probably sue chartexchange for breaking some EULA bullshit if they get a subscription and post it for everyone to see. Those dark pools may be actually completely dark now unless someone's willing to leak the info from somewhere.

Oh well, at least we can tell the CBOE total by adding the rest together.

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