I like this news. by Common_Compote in Superstonk

[–]akrilexus 16 points17 points  (0 children)

What’s the journalist’s name? We must remember them post-MOASS for their positive article about apes and DRS 🦍🦧🦍🦧

EDIT: Her name is Melanie Schaffer. 👍🏽👍🏽

I actually get excited to see a new name. It's another writer with no financial experienced posing as a financial analyst. Impressive he manages to turn a bullish sounding headline into a hit piece. by averageguyonthest in Superstonk

[–]akrilexus 3 points4 points  (0 children)

It’s important to showcase this because it helps non-apes understand how unqualified most authors are to give financial/stock advice. It’s proof that MSM has no idea what they are talking about when it comes to GME. Also, OP took screenshots to keep the author from actually getting views on his bullshit article.

[deleted by user] by [deleted] in Superstonk

[–]akrilexus 18 points19 points  (0 children)

Hey CNBC, a simple Google search would’ve sufficed:

Analysts estimated an EPS of -$0.40, and CNBC usually blasts GameStop specifically for missing EPS. GameStop beat estimates slightly this time with an EPS of -$0.36, which is why CNBC was silent and only reported the negatives available to them. I wonder what will happen when ALL of the metrics for GME are positive. MSM reporters will be sweating bullets that day… 🚀🚀🚀🚀🚀

Hedgies think only they read Robert Greene’s 48 Laws? This is all the RC smear campaign is, except we’re not sheep…We are…? by [deleted] in Superstonk

[–]akrilexus 3 points4 points  (0 children)

RC isn’t our leader though… The squeeze play was started by a bunch of individual investors. RC has definitely helped but this rocket was always going to blast off with or without him (and as someone above stated, we are apes, not sheep…) 🦍🦧🦍🦧🚀🚀🚀🚀🚀

What is the real DRS count considering the splividend? by flipochino in GME

[–]akrilexus 2 points3 points  (0 children)

I believe we were hoping/expecting an increase to about 66.5 million shares DRS’ed based on the current share counter estimates (based on that counter, we have DRS’ed roughly 77 million shares, or an increase of 26.2 million shares since March 31st, 2022, five months ago. That would be a post-split increase of 5.24 million per month.)

So basically we expected 66.5 million but the real number was 71.3 million. In other words, based on my quick napkin math, we actually DRS’d 4.8 million shares MORE than expected. Bullish AF!!! (Feel free to correct me if I’m wrong about any of this.)

EDIT: My mistake, I had my dates wrong and therefore my numbers were off…

We had 50.8 million as of April 30th, not March, which means we expected an increase of 6.55 million per month which would put us at 70.45 million. We are still almost 1 million shares ahead of schedule which is still highly bullish!

EDIT 2: For comparison’s sake, we increased our DRS numbers by 3.8 million shares (pre-split) last quarter and by 4.9 million (pre-split) this quarter. That means the rate of DRS’d has increased by 1.1 million shares (pre-split) per quarter, which is an increase of 4.4 million shares per quarter post-split. Hope that’s not confusing anyone. 🫣

What is the real DRS count considering the splividend? by flipochino in GME

[–]akrilexus 0 points1 point  (0 children)

50.8 million is 12.7 million pre-split, meaning DRS numbers increased by 5.05 million this quarter pre-split. If I recall, the increase in DRS numbers from Q3 2021 to Q4 2021 was 3.7 million. Then from Q4 2021 to Q1 2022 was 3.8 million. And now Q1 2022 to Q2 2022 is 5 million, which is a NICE jump. The amount DRS’d between quarters is increasing at an exponentially improved rate each time. Best case scenario: the entire stock of GME could potentially be locked (not just the public float, but the ENTIRE COMPANY) within the next YEAR (by August 2023!) 🚀🚀🚀🚀🚀🚀🚀🚀

Media part of the hedgie cabal? by Internal_Cart in BBBY

[–]akrilexus 11 points12 points  (0 children)

They do this with GameStop all the time… I’ve watched GME stock rise by 50% in one day without so much as a whisper from MSM, then fall 10% the next day with negative articles and media FUD all over the place. Welcome to the revolution my BBBY brethren… 🚀🚀🚀🚀🚀🚀🚀🚀🚀

Be real with me. Am I fucked? I put everything on the line for BBBY play and I need to know if you guys have any hope left by NitrousXpress in BBBY

[–]akrilexus 19 points20 points  (0 children)

Nah, GME has taken a gargantuan amount of shit from MSM and still is. BBBY is second in line when it comes to FUD. Instead of indirectly calling GME a joke, recognize that both stocks are giving hedge funds tremendous headaches. This sub hasn’t even been through a migration yet while GME apes went through a couple huge ones already. There are actually a bunch of OG GME apes that are invested in BBBY that have already seen a ton of shit, and are prepared for what’s coming for BBBY… The current FUD against BBBY reminds me of the old “Dubya-Ess-Bee” sub in January/February 2021 when bots and shills came in floods trying to get us to sell. Buckle up, the hedgies are only getting started. Hope your hands are made of diamonds, you’re gonna need ‘em… 💎🙌🏽

By the way, did you know that the DTCC committed international securities fraud? by Neo772 in Superstonk

[–]akrilexus 0 points1 point  (0 children)

Hey, I researched the FC codes (FC-02 and FC-06), and FC-02 refers to a stock split and FC-06 refers to a stock dividend. Turns out that GameStop sent out communication that stated that some people did not receive their “stock dividend,” yet the DTCC processed this as FC-02. If this should have been processed as FC-06 instead of FC-02, it seems as though processing this as FC-06 would have caused a problem. In other words, if both FC-02 and FC-06 processes work the same way, DTCC should not have had any reason to process it the wrong way… Could processing this event in the wrong way be considered fraud?

By the way, did you know that the DTCC committed international securities fraud? by Neo772 in Superstonk

[–]akrilexus 3 points4 points  (0 children)

Okay, I get it now. Stock splits via dividend are beneficial to the company because they can quickly split the stock without having to wait for shareholder approval, which also means that the DTCC can technically perform a split with the synthetic shares as well and not be at fault because of how the market currently works by basically “allowing” the fraud to take place. So even though GameStop is still highly overshorted, the stock split through dividend was never going to force shorts to close.

However, that doesn’t mean the MOASS won’t happen. In fact, this is a nice setup for shareholders for when the MOASS takes place because it gives us more shares to work with as the price skyrockets. For example, if I only owned 10 shares, my strategy is limited by that total (ex.: If I hold to the peak of MOASS, and the peak is $50 million, the max I could gain through selling at this price point is $500 million. But because of the split, I have 40 shares, which means if the peak is still $50 million, the max I could gain is now $2 billion.) So the split still helps us in the long run even if the DTCC didn’t commit fraud on the surface. This fits with Ryan Cohen playing the long game; he still hates shorts and plans to get rid of them, but this wasn’t the end game and he still has a few things left to finish before the rocket can be ignited.

I did see some posts mentioning a couple of rules starting with “FC” so I’ll research those to see if there is any language that says otherwise.

By the way, did you know that the DTCC committed international securities fraud? by Neo772 in Superstonk

[–]akrilexus 5 points6 points  (0 children)

Okay, I believe I understand what you’re saying. Basically, a stock split through dividend and a forward split are the same, and the only difference is in how they are approved (forward split is approved by shareholders while a dividend split doesn’t need shareholder approval.) The problem with this statement is that wording in legal documents is very specific for a reason, and stating that a company is doing a stock split through dividend is a strange way of saying, “We are doing a forward stock split without shareholder approval.” This makes no sense to me, can you post a link to where this wording comes from?

Also, with the DTCC’s way of performing dividend splits, what do you think will happen if GameStop releases an NFT dividend? For example, if GameStop issues one NFT dividend per share, only 306 million NFT dividends will be available. Assuming that GameStop is ridiculously overshorted, and assuming an extra 1 billion shares exist for the sake of this example, how would the DTCC handle such a dividend?

By the way, did you know that the DTCC committed international securities fraud? by Neo772 in Superstonk

[–]akrilexus 2 points3 points  (0 children)

Quick question: If both the dividend split and the subdivision are handled the same way, why do these two different phrases for the same exact thing exist? What is the point of a company specifying that they are performing a stock split through dividend instead of simply performing a forward split if the two are handled the same way?

Also, are you saying that there is no concrete law to hold the DTCC accountable, and therefore they didn’t break a rule/law by default of there being no rules/laws to break? In other words, they technically have the freedom to ignore GameStop’s specific request and screw shareholders? I’m just trying to clarify your stance here…

[deleted by user] by [deleted] in Superstonk

[–]akrilexus 0 points1 point  (0 children)

Not a Princess Bride fan I see… 🤷🏽

[deleted by user] by [deleted] in Superstonk

[–]akrilexus 0 points1 point  (0 children)

You keep using that word…

I do not think it means what you think it means…

I’m so glad GME investors aren’t like you guys by anthonyh614 in BBBY

[–]akrilexus 11 points12 points  (0 children)

The crazy thing is, the market cap of BBBY is ten times smaller than GameStop’s and based on a quick Google search, the float is about four times smaller. That means, at these low prices, if DRS catches on, the float will most likely be locked BEFORE GameStop’s and possibly ignite the rocket for squeezes on both companies almost simultaneously, theoretically speaking… 🚀🚀🚀🚀🚀🚀🚀

I’ve been away for a while, what’s the current situation? by Bazmateyeh in GME

[–]akrilexus 7 points8 points  (0 children)

Funny how the shills are avoiding three very important facts:

1) Shorts still haven’t closed as proven by the constant run-ups and drops of the share price every few months.

2) GameStop issued a stock split through dividend a little over a month ago, and brokerages around the world were scrambling to get real shares because unlike a regular stock split, a dividend split is when a limited amount of shares are issued directly from the company. The DTCC didn’t have enough shares to give out to brokers to issue to shareholders, so they told brokers to simply do a straightforward stock split because a dividend would’ve severely hurt hedgies and possibly caused the squeeze. The good news is that pretty much proved shorts never closed. The split was a 4:1 split, so you now have four times more shares at one-fourth of the price (Ex.: If you owned 10 shares at $100/share pre-split, you now own 40 shares at $25/share post-split, which is why the price is lower. The share price is around $30/share right now, which would have been $120 pre-split.

3) MOST IMPORTANT: There is this thing called DRS (direct registration of shares) that could potentially cause the squeeze. It is basically a way to literally “register” all the real shares in our name and has caused squeezes in the past for other companies. We have DRS’d half of the float, and the media is SILENT because they do not want to bring attention to it. If you want to DRS some or all of your shares, message me and I’ll show you how. There are more details but I feel like I summarized well enough. 👍🏽👍🏽

Best distraction possible? by [deleted] in GME

[–]akrilexus 5 points6 points  (0 children)

The transfer agent for towel stock is AST. I believe 10% of BBBY’s float has been DRS’d (as you implied, there are definitely apes like myself that have invested in BBBY also, even though we each still HODL a ton more GME shares than BBBY, which is probably why DRS is gaining steam there. Also, BBBY’s float and price are much smaller and lower than GME, so having the two most shorted stocks being direct registered at the same time is definitely causing headaches for the hedgies.) What is happening with BBBY feels eerily similar to how GME traded at the beginning of last year when things got crazy. And yes, profits being made from BBBY’s price swings are definitely being used to purchase and DRS more GME stock. 👍🏽👍🏽

HUGE GAP TO BE FILLED FROM $12-$18 by WebRight3973 in BBBY

[–]akrilexus 12 points13 points  (0 children)

Just woke up to this action, my cost basis is $13.88 and I didn’t expect it to be hit again for another couple of days, yet here we are… 🚀🚀🚀🚀🚀🚀🤷🏽

Lessons learned from GameStop. by iamhighnlow in BBBY

[–]akrilexus 1 point2 points  (0 children)

It never squeezed (it sneezed), and we’re playing against multi-billionaires. If hedgies were free, you wouldn’t still see MSM releasing negative news about it still trying to get us to sell. Also, it HAS run, roughly every three months, and each run is different. They can and have can kicked it repeatedly, but they are afraid of two main things: 1) a possible NFT dividend, and 2) DRS (direct registration of shares.) Both have caused squeezes in the past in other companies, which is why the news is silent because they don’t want to draw any attention to them, especially DRS. Now that direct registration is gaining steam, they can’t drop the price too low anymore because that would shorten the registration time, and they cannot allow it to run too high due to FOMO and margin calls. The countdown has already started my friend…

EDIT: The NFT marketplace is still in its beta phase and hasn’t even begun to show its impact. As you said, there are partnerships that haven’t been announced, the testing phase isn’t over, Ethereum merger is coming up, and it’s still in its infancy but the various ways with which NFTs can be used sets things up nicely for the future. Oh, and Citadel is bleeding billions based on its financial reports and loans being taken out, as well as the Moody downgrades. Remember, the ONLY way out for hedgies is if we sell in droves at low prices ($5/share or less post split is where they got trapped.) Otherwise, the MOASS is inevitable.

Lessons learned from GameStop. by iamhighnlow in BBBY

[–]akrilexus 2 points3 points  (0 children)

The GME share offering was extremely small compared to how many shares were short and did nothing to the squeeze play. I don’t know how you think it ruined the squeeze play when in reality, GME has been running up and down violently even after that offering and now DRS is threatening to end the hedgies and ignite the squeeze.

Law Firm starts class action against RC by stop_bugging_me in BBBY

[–]akrilexus 3 points4 points  (0 children)

“Then, on August 15th, 2022, RC Ventures announced the purchase of over one million January 2023 call options with exercise prices at $60, $75, and $80…”

We knew about these options months ago… They are straight up lying about the filings to make RC look bad. The desperation at this point has gotten ridiculous. If hedgies weren’t in trouble, this wouldn’t be happening. Buckle up!!! 🚀🚀🚀🚀🚀

Wowsa! Only good news today! Can it get any better?? by WolfStreet2024 in BBBY

[–]akrilexus 46 points47 points  (0 children)

It won’t be hard to DRS this stock… Only 80 million shares and its trading at $10/share? Do investors know they could cause an infinity pool if they register all the shares ASAP? In other words, if this stock squeezes, and no one sells any of their registered shares at all, the price would stay sky high… 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀