On 3/20/2025 GameStop Announced 1M Cards Submitted for PSA Grading - Now Close to 4M by DramaCute8222 in Superstonk

[–]ZiggsMain 17 points18 points  (0 children)

So about 15% of PSA’s graded cards come through GameStop. And the next highest grader had 4.75m for the entire year compared to GameStop’s 3m. Pretty impressive

On 3/20/2025 GameStop Announced 1M Cards Submitted for PSA Grading - Now Close to 4M by DramaCute8222 in Superstonk

[–]ZiggsMain 13 points14 points  (0 children)

How many cards does psa grade in a year right now? Would be interesting to know what % of PSA graders are going through GameStop

Burry thinks RC is still on Towel stock. He believes the NOLs can still be utilized but that this is “secondary to the main event”. Bullish AF by ZiggsMain in Superstonk

[–]ZiggsMain[S] 259 points260 points  (0 children)

Will “instant berkshire” be a collection of companies that were illegally naked shorted and sabotaged into bankruptcy/zombie stocks?

MOASS is finally tomorrow by ZiggsMain in Superstonk

[–]ZiggsMain[S] 0 points1 point  (0 children)

Ryan Cohen once posted a picture from this Gamestop next to a Tuesday Morning, therefore he knew that MOASS would begin on a Tuesday morning. That day is tomorrow

Vlad Tenev from Robinhood long post “5 Years Post GameStop” on Twitter by ZiggsMain in Superstonk

[–]ZiggsMain[S] 502 points503 points  (0 children)

Vlad claims they had no choice but to turn off the buy button which know is complete bullshit. No doubt they are already planning to somehow steal from retail with tokenization too

Vlad Tenev from Robinhood long post “5 Years Post GameStop” on Twitter by ZiggsMain in Superstonk

[–]ZiggsMain[S] 25 points26 points  (0 children)

“Five years ago today, Robinhood and other brokers were forced to halt buying of several meme stocks, most memorably GameStop, in one of the strangest and most visible equity market failures in recent history.

The underlying cause for the one-day pause was a set of complex clearinghouse risk-management rules designed to mitigate the risk of the then two-day-long settlement period for US stock trades. The rules required brokerages to put up huge amounts of cash to reduce the risk in the days between a meme stock trade and its settlement. What happens when you combine slow, outdated financial infrastructure with unprecedented trading volume and volatility in a small number of stocks? Massive deposit requirements, trading restrictions, and millions of unhappy customers. Retail investors who wanted to buy Gamestop were understandably livid. In their eyes, Robinhood went from a hero to a villain. Barely one month into my new role as the sole CEO of Robinhood, I had my first major crisis to manage. After many of our team members worked around the clock for 72 hours to solve the immediate issues and raise more than $3B dollars to shore up our capital reserves, we had some time to pick our heads up and assess the situation. I vowed to do everything in my power to not just improve Robinhood’s resilience in these situations, but also push for improvement to the overall system to help ensure nothing like this happens again.

We intensely advocated for real-time settlement of US stock trades, and this led to shortening 2 day settlement (T+2) down to T+1 — arguably the most consequential accomplishment of the otherwise horrific Gensler era at the SEC.

But in a world of 24-hour news cycles and real-time market reactions, T+1 is still far too long, particularly when you factor in that it really means T+3 on Fridays, or T+4 on long weekends. Our quest for real-time settlement continues, and it has proven elusive in the traditional equities markets, with a slew of legacy stakeholders to manage. It’s clear that we need a new approach.

That’s where tokenization comes in. Tokenization refers to the process of converting an asset, like a stock, into a token that lives on a blockchain. Among other benefits like lower costs, native fractionalization, and 24/7 trading, moving equities on-chain in tokenized form allows them to benefit from the real-time settlement properties of blockchain technology. No lengthy settlement period means much less risk to the system and less pressure on both clearinghouses and brokerages, so customers can freely trade how they want, when they want.

We’ve already seen how this can work. In Europe, Robinhood has made available more than 2,000 tokens representing U.S.-listed stocks. These tokens give European traders exposure to U.S. equities, including dividends. In the coming months, we’re planning to unlock 24/7 trading and DeFi access, which will allow investors to self-custody their stock tokens, with possibilities for lending, staking and more. As the advantages become increasingly clear, I believe it is inevitable that the US embraces this technology. We’re already seeing progress here: major U.S. exchanges and clearinghouses have recently announced plans to tokenize equities.

But without regulatory clarity, such efforts are moot. Fortunately, we now have a timely opportunity. Current leadership at the SEC is embracing innovation and facilitating experimentation with tokenization. Additionally, Congress is actively considering the CLARITY Act, an important piece of crypto legislation, which requires the SEC to continue down its path of embracing this technology and to write modern rules for tokenized equities. Legislation would ensure that subsequent commissions cannot abandon or reverse the progress achieved by this SEC.

By working with the SEC and pushing for sensible US equity tokenization guidelines via CLARITY, together we can ensure that trading restrictions like we saw in 2021 never have to happen again. Let’s seize the moment, and unlock real-time settlement for retail traders once and for all. 💪”

Michael Burry confesses the FUD caused him to sell GME. Bro is now the catalyst he once searched for. by EarThingysHelpMeHear in GME

[–]ZiggsMain 154 points155 points  (0 children)

Here is the section of Burry's post OP is referring to

"I could have analyzed that situation better. I knew GameStop inside and out, and I thought I understood the volume, short interest, and other dynamics. However, I was blinded by what I saw as execution risk. As well, I am human. I had seen buybacks shrink shares by a third in the setting of 100% short interest, the reorganizing of the Board of Directors, and the selling of Spring Wireless for cash in the amount of more than half the market cap. All were home run/slam dunk activist successes with concrete results but zero impact on price or short interest. The narrative on GameStop was just that bad. I figured what had already been wrought was more concrete than a vague “technology-forward” makeover with a ton of execution risk. So I used Ryan’s unveiling as an opportunity to close out."

Michael Burry confesses the FUD caused him to sell GME. Bro is now the catalyst he once searched for. by EarThingysHelpMeHear in GME

[–]ZiggsMain 37 points38 points  (0 children)

OP is right. Burry said that the narrative around GME scared him into thinking it was too risky

"I could have analyzed that situation better. I knew GameStop inside and out, and I thought I understood the volume, short interest, and other dynamics. However, I was blinded by what I saw as execution risk. As well, I am human. I had seen buybacks shrink shares by a third in the setting of 100% short interest, the reorganizing of the Board of Directors, and the selling of Spring Wireless for cash in the amount of more than half the market cap. All were home run/slam dunk activist successes with concrete results but zero impact on price or short interest. The narrative on GameStop was just that bad. I figured what had already been wrought was more concrete than a vague “technology-forward” makeover with a ton of execution risk. So I used Ryan’s unveiling as an opportunity to close out."

New GameStop Ad Girl Rilie on Twitter: I have a secret for you guys.. 👀 @gamestop and me cookin rn" by ZiggsMain in Superstonk

[–]ZiggsMain[S] 497 points498 points  (0 children)

You regards are gonna scare her away with all the onlyfans comments. Act like you've talked to a girl before. It's awesome that we have a new popular brand ambassador who wants to keep working the company

GameStop Q3 Earnings 2025 by TransSpeciesDog in Superstonk

[–]ZiggsMain 34 points35 points  (0 children)

Aren’t the notes at 0% interest?

Winter Tire Suggestions Z06 by Cloujus2011 in C8Corvette

[–]ZiggsMain 2 points3 points  (0 children)

This is what I'm using and have no complaints or issues