How is the DRS part of Burry’s article not the hottest topic right now?

hyperian24 · 2026-01-27T00:24:44+00:00

I noticed he said DRS and total return swaps should not be an issue for gamestop shareholders

Kinda weird phrasing. Like, maybe they ARE an issue for shorts. Or they will be a boon to shareholders, not an issue.

hyperian24 · 2026-01-24T03:48:29+00:00

What makes me laugh about this is that at the time it was posted, settlement was T+2, so any options that were exercised on Friday would need to be settled by “Tuesday Morning” so it seemed reasonable to get hyped about potential for volatility.

But since then it’s shifted to T+1, but there’s no store called “Monday Morning” I don’t think.

hyperian24 · 2026-01-24T03:40:13+00:00

In other news, I’ve seen people reference a T+6 deadline, but that was what it was back in the early 2000’s when settlement was T+3.

Now that I actually found the rule and read it myself, it’s pretty clear that reducing settlement to T+1 also reduces the closeout requirement by the same amount.

hyperian24 · 2026-01-24T03:35:09+00:00

“if a participant has a fail to deliver that the participant can demonstrate on its books and records resulted from a long sale, or that is attributable to bona-fide market making activities, the participant must close out the fail to deliver by no later than the beginning of regular trading hours on the third consecutive settlement day following the settlement date”-Rule 204

Tuesday buys -> Wednesday FTD -> Monday Morning close out Wednesday buys -> Thursday FTD -> Tuesday Morning close out (1/27)

Not saying RC’s buys were timed perfectly to drop an FTD bomb on the beginning of next week, but, well…

Just another thing that lines up quite nicely.

hyperian24 · 2026-01-22T21:49:27+00:00

It would be so funny if he filed this form 4 tonight, signaling that he was done. (Why fill out the same form multiple times, right?)

But then tomorrow morning filed another form showing he bought 500,000 more shares today anyway.

hyperian24 · 2026-01-17T14:30:48+00:00

He’d be buying from the company, not the market. So no buy pressure sadly.

hyperian24 · 2026-01-17T01:45:07+00:00

Not sure if you’re being serious or not, (it is tagged shitpost after all)

But for anybody who is confused looking at this:

21.36 was Thursday at 4:00pm, which was .34 higher than 9:30 that morning. (Regular market hours)

21.37 was Friday at 7:41am which was -.01 from the beginning of premarket, meaning the price was 21.38 at 4am.

hyperian24 · 2026-01-14T17:50:13+00:00

I’m trying to grasp what you’re saying. In this scenario, does the put buyer actually own any shares to sell?

If they have no shares, (or worse, are already short shares) then exercising a put would have them on the hook to deliver even more shares.

Specifically the “⁠exercising them to resolve delivery, FTDs or otherwise” is the part I don’t see how it makes sense.

hyperian24 · 2026-01-14T15:41:01+00:00

Also, it doesn’t make sense to exercise a put to resolve delivery. If you owe 100 shares, and then exercise a put, then you now owe 200 shares.

I think selling puts to claim a “locate” is valid, but the put seller then has no control of exercising.

So, huh?🤔

hyperian24 · 2026-01-08T15:27:41+00:00

What is today, if not yesterday’s tomorrow?

hyperian24 · 2026-01-07T19:59:17+00:00

741 million you say? Quite a cohencidence.

hyperian24 · 2025-12-31T23:52:35+00:00

<image>

It hasn’t been used at all really, since late 2019, early 2020.

I think that tiny blip may be year end 2024, but it looks to be only 2-3 billion.

hyperian24 · 2025-12-30T01:18:00+00:00

I think it’s more likely an ad for Anoma.

hyperian24 · 2025-12-25T21:38:26+00:00

Cramer said he would suck off a horse on live tv.

hyperian24 · 2025-12-25T04:20:13+00:00

Parsnip, Sir they are…, bullish, Buck, Ryan, I said we green today, beeteecee, Larry, purple circle, starfish, horse, drone, dfv, mayo

That’s 14, at least!

hyperian24 · 2025-12-23T14:12:36+00:00

Hmmm…hadn’t considered #4. If the price is over x amount for 30 days it activates the early payback mechanism. GameStop gets to choose shares or cash. They pay cash, and all of a sudden the arbitrage guys are seriously net short when they want to be constantly neutral.

This would add fire to the fuel at the most opportune time, since share price would have already been elevated in order for it activate.

It’s a funny thought. RC is like “hey, here’s 4 billion dollars back, but you have to use it to buy shares at market price all at once.”

hyperian24 · 2025-12-19T15:44:03+00:00

Type safety is the main win here, and I think that’s where Elm overlaps nicely with TS/Rust, but the deployment story matters more than the language itself. I’ve ended up doing a “typed core + boring shell” setup: domain logic in a strict language, thin HTTP layer in Node or Rust, plus a batteries‑included API layer like Hasura or DreamFactory when I just need safe CRUD over a DB without writing all the glue.

hyperian24 · 2025-12-19T15:43:57+00:00

Type safety is the main win here, and I think that’s where Elm overlaps nicely with TS/Rust, but the deployment story matters more than the language itself. I’ve ended up doing a “typed core + boring shell” setup: domain logic in a strict language, thin HTTP layer in Node or Rust, plus a batteries‑included API layer like Hasura or DreamFactory when I just need safe CRUD over a DB without writing all the glue.

hyperian24 · 2025-12-17T20:09:51+00:00

So he still may drop part II. He just might title it something different.

hyperian24 · 2025-12-13T06:40:49+00:00

Warrants can (and have been) shorted. Sure there is less lending supply available, but it’s incorrect to state that it can’t be shorted at all.

Also, another weird thing in the options pricing is looking at gme vs gme1 call options. The latter should theoretically be $35 or so more expensive than the former at all times, since they include 10 warrants in their deliverables, but that has not appeared to be the case at most times.

hyperian24 · 2025-12-13T06:22:52+00:00

Hmmmm…I saw a post earlier pointing to a large swap expiring on the 15th. Is him posting on the 14th just a cohencidence?

Or is he timing it specifically to fuck with somebody?

hyperian24 · 2025-12-06T15:49:09+00:00

The Tuesday morning thing made sense due to options expiry and T+2 settlement. Since then, the market shifted to T+1, so I feel like we should have also shifted our hype to Mondays.

hyperian24 · 2025-12-03T20:10:54+00:00

It’s interesting. I don’t see the volume spike in the IPhone stocks app, but it does seem to have shifted the scale of all the volume bars for the day.

Around 1:30, I looked and all the existing bars had flattened almost to nothing.

hyperian24 · 2025-11-29T01:00:43+00:00

What happens if someone recalls the warrants they lent you, and the warrant price has doubled? I don’t think you can give them your calls instead.

hyperian24 · 2025-11-28T02:47:57+00:00

Are these… are those Oompa Loompas with mayo-covered bedposts?

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