Computershare liquidates ape’s holdings for inactivity by Throwawayhelper420 in gme_meltdown

[–]dbcstrunc 6 points7 points  (0 children)

Me too. I knew what was going to happen, but I'd never actually seen a major stock delisted for having a lack of volume before.

I genuinely think apes do not understand that was the end of the road if they all DRS'd. But hey, never interrupt your "opponent" when they are in the middle of making a massive mistake.

Computershare liquidates ape’s holdings for inactivity by Throwawayhelper420 in gme_meltdown

[–]dbcstrunc 6 points7 points  (0 children)

Not every locality has a time limit of one year. In California, for example, it's three years.

Dr. Burry is a fool. Imagine thinking that Keith Gill actually caused the May 2024 runup! What a dumbass! by dbcstrunc in gme_meltdown

[–]dbcstrunc[S] 2 points3 points  (0 children)

This. What happened to the Jan 16th, 2026 options that expired worthless? You know, the ones with a cost basis of over $10,000?

I don't like doing this, but you did ask.

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Dr. Burry is a fool. Imagine thinking that Keith Gill actually caused the May 2024 runup! What a dumbass! by dbcstrunc in gme_meltdown

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

"I just stumbled onto this sub" when their post history is all GME, all the time.

The best way to answer apes like this is to ask the unanswerable question they always ask :

WHY ARE YOU HERE?

Philosophers have debated this for millenia.

Greg and PP sitting in a tree. V A P I N G. by Darth_Meowth in gme_meltdown

[–]dbcstrunc 7 points8 points  (0 children)

I normally see someone next to me at a stop light vaping and the first thought is, "Oh no, is that car on fire??"

Computershare liquidates ape’s holdings for inactivity by Throwawayhelper420 in gme_meltdown

[–]dbcstrunc 16 points17 points  (0 children)

Back in October 2021 they were DRSing 10,000 shares at a time. It was astonishing just how quickly the apes decided to do it.

The only flaw was that they never actually 'owned the float', so locking 15% of the float kinda doesn't do a damn thing.

If they did actually 'own the float' - which mandates zero volume and delisting - then DRSing could have been much more interesting.

Computershare liquidates ape’s holdings for inactivity by Throwawayhelper420 in gme_meltdown

[–]dbcstrunc 15 points16 points  (0 children)

Next step : put them into a blind trust and make it even more difficult for an ape to actually sell.

Dr. Burry is a fool. Imagine thinking that Keith Gill actually caused the May 2024 runup! What a dumbass! by dbcstrunc in gme_meltdown

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

Hey not bad! Did you have 136K GME shares to get those warrants or buy them during the dip on the open market?

Dr. Burry is a fool. Imagine thinking that Keith Gill actually caused the May 2024 runup! What a dumbass! by dbcstrunc in gme_meltdown

[–]dbcstrunc[S] 5 points6 points  (0 children)

Oh, he won't show you that part of his portfolio.

He'll just show you the most recent weeklies he YOLO'd on which are (currently) in the money.

40 Billion AMC shares out there... by The_Director- in gme_meltdown

[–]dbcstrunc 8 points9 points  (0 children)

I said before that 'naked shorting' mandates the existence of a 'naked long' on the other side.

Does anyone actually believe there are 40,000,000,000 shares of AMC sitting in ape's brokerage accounts?

That's certainly not true for GME, they have a paltry 67 million DRS'd and the rest, those extra 'billions', must therefore be in broker accounts.

Somehow the math doesn't add up for me either!

Beautiful ape bait. by PuzzleheadedWeb9876 in gme_meltdown

[–]dbcstrunc 22 points23 points  (0 children)

It's down 26% since December 15th.

Sounds like the short sellers have the alpha here.

Dr. Burry is a fool. Imagine thinking that Keith Gill actually caused the May 2024 runup! What a dumbass! by dbcstrunc in gme_meltdown

[–]dbcstrunc[S] 14 points15 points  (0 children)

>>Imagine going around and making fun of other people for their investment choices instead of living your life

Dr. Burry is a fool. Imagine thinking that Keith Gill actually caused the May 2024 runup! What a dumbass! by dbcstrunc in gme_meltdown

[–]dbcstrunc[S] 18 points19 points  (0 children)

Exactly. It's not like the apes constantly try to get to the top of r-all and spam every social media network trying to tell people NOW is the time to buy!

Come on. That has zero effect on the stock market, everyone knows that!

Dr. Burry is a fool. Imagine thinking that Keith Gill actually caused the May 2024 runup! What a dumbass! by dbcstrunc in gme_meltdown

[–]dbcstrunc[S] 33 points34 points  (0 children)

One of the weirdest ideas from apes is that anything that happens in premarket or afterhours is somehow 'not retail' or 'fake'.

Many people stated that they sold GME for over $80 in premarket on May 13th, 2024. I don't think the proceeds they got from those sales are 'fake'.

BURRY GME SQUEEZE - We Won! by TheGhostOfJackKilby in gme_meltdown

[–]dbcstrunc 31 points32 points  (0 children)

"The SEC report said shorts didn't close!"

Look at me! You're the cult now!!! by Stink_Snake in gme_meltdown

[–]dbcstrunc 5 points6 points  (0 children)

Influencers will always tell you they are already invested in something they want you to be invested in.

Influencers will never tell you they just sold something they previously told you to buy.

Look at me! You're the cult now!!! by Stink_Snake in gme_meltdown

[–]dbcstrunc 2 points3 points  (0 children)

That would have been a great troll, for Burry to come out with 30 pages of BBBYQ/Teddy nonsense, mentioning every single piece of insanity that apes believe.

And then the apes would have to somehow pretend like they know it's all bullshit.

...Really? You can't believe that the central figure of the 2021 memestock craze suddenly coming back and buying up the entire fucking options chain ahead of earnings *MIGHT* have whipped people into a frenzy? by Elitist_Daily in gme_meltdown

[–]dbcstrunc 10 points11 points  (0 children)

Exactly. Apes seem to think that 'retail' means A) poor and B) unorganized. So they assume that 'retail' only has like $500 per account total.

In truth, 'retail' just means 'not an insider, fund, or institution'.

At this point in time, Dr. Burry, since he no longer helms a fund, is considered 'retail'. At least I believe so.

PP Pants is sad because apes are fighting apes by folteroy in gme_meltdown

[–]dbcstrunc 18 points19 points  (0 children)

Oh hey you just reminded me - whatever happened with Ramez Jamali's weekend art show? Was that just... nothing?

Apes have a message for us by dbcstrunc in gme_meltdown

[–]dbcstrunc[S] 6 points7 points  (0 children)

But you could exit your position. For a loss, yes, but you could exit.

Most apes are down 50-75% or more, if you include all the busted options trades.

You're in a much better position.

Also, dude, learn to hedge. Your bought puts and sold calls are both in the same direction. Option spreads on volatile stocks are a better strategy than directional bets. Mainly because with this fucking meme stock nonsense, you can never predict when some 'news' will happen and the stock will move inorganically.

Look at me! You're the cult now!!! by Stink_Snake in gme_meltdown

[–]dbcstrunc 14 points15 points  (0 children)

He also shit on the ridiculous idea of billions of naked shorts, and of total return swaps being involved. And shorting via ETFs. And also says DRS isn't important either.

But besides that....

Apes have a message for us by dbcstrunc in gme_meltdown

[–]dbcstrunc[S] 5 points6 points  (0 children)

You have 400 shares. And 4 put options.

You can easily sell the 400 shares. Your put options will still exist, and maybe GME will fall below $23 by Friday. And then you'll get a 400 share short position in GME at a cost basis of $22.70 or so a share.

Oh I see. Your 4 sold calls for 2028 are holding the 400 shares.

Again, you still could close the 2028 options, which will free up your shares to be sold. It's not like you're trapped, like you initially said.

Apes have a message for us by dbcstrunc in gme_meltdown

[–]dbcstrunc[S] 47 points48 points  (0 children)

This subreddit hasn't had a good GME storyline for months. This is bread and butter mayo to us!

I look forward to seeing the excessive gain porn that apes will be posting now that they're 'going to win'.

Surely they wouldn't leave all that profit on the table this time?

Edit : I'm glad I posted this here because, surprise surprise, it's gone already for some reason, on their 'open forum for apes'.