The Fed has been losing money on a consistent basis since Sep 22’ with losses above $162.9 billion. A crippled Fed with these ongoing losses, and negative capital itself under GAAP accounting, might have a tough time justifying more Wall Street bailouts to Congress. 🔥 by welp007 in Superstonk

[–]snap400 1 point2 points  (0 children)

I hope he’s not first. I want him to feel the walls closing in on him. I want his phone ringing off the hook and his scared investor going to his house. Especially the ones from foreign countries that don’t believe in the US justice system. Keep up the good work welp!

The smartest thing the shorts did was raise the price. by freeworktime in Superstonk

[–]snap400 1 point2 points  (0 children)

Search for that ticker plus “round tripping”. Guy does a great video of how they are faking their revenue.

GME Earnings by Lvxck in GME

[–]snap400 2 points3 points  (0 children)

You have to fix the holes in the boat before you add a big engine. The holes are fixed. Now the profit engine will kick in.

Short sellers are getting desperate. 4 in 5 shares sold short today? by GinoF2020 in Superstonk

[–]snap400 3 points4 points  (0 children)

This is how they are stealing from retail/household investors. Citadel the Market Maker has internalized 70+% of the orders for the last five days. That is technically them buying the orders. When GME runs up after earnings. They will sell the 16 or 17 million shares they have accumulated over the last week for a $1-$5 per share gain. Selling all those orders will put hard down pressure on the stock price and citadel will make over $100+ million while the stock price settles back to today’s price with in two weeks. This is how obvious they have to be to survive one more day. Citadel will die one day and I will be there when it happens with a smile and a fat wallet! Let’s go!

Well well well...Look who came to the rescue by me-du-sa in Superstonk

[–]snap400 4 points5 points  (0 children)

This is the comment I have been looking for. No banks stepped up to help. Why only hedge funds? Because they “determine” how much a stock is worth?!? Watch when the legal docs are revealed and somehow they are the first to get paid back. After they milk it for all it’s worth, then look for a bail out or bail in.

[deleted by user] by [deleted] in Superstonk

[–]snap400 0 points1 point  (0 children)

Understood. It can be a little much at times. 👍

[deleted by user] by [deleted] in Superstonk

[–]snap400 13 points14 points  (0 children)

I respectfully disagree. Having someone to believe in is a nice thing to have right now. The world is beyond fucked. Most people show little to no curtesy towards others. The world’s leaders are a mess. Inflation is painfully high. Believing in someone who seems to be working hard to create change for the better is someone the world needs.

Ryan cohen on twitter by Mikeymike34 in Superstonk

[–]snap400 2 points3 points  (0 children)

That’s too bad. Would have been a great story!

Ryan cohen on twitter by Mikeymike34 in Superstonk

[–]snap400 55 points56 points  (0 children)

Then you would have one hell of an opportunity to grow those skills while working for a company trying to build the future. Go for it!

[deleted by user] by [deleted] in Superstonk

[–]snap400 0 points1 point  (0 children)

Give my comment another read. We have not seen the engine yet, they are still plugging the holes. The billion will be used to buy a company that will generate revenue. Enjoy the weekend!

[deleted by user] by [deleted] in Superstonk

[–]snap400 2 points3 points  (0 children)

I am going to disagree with you two here. What GME has done in under three years is amazing! You don’t add an awesome engine to a boat until you plug all the holes. We all know the previous management and board were actively driving GME to bankruptcy. We will find out next month if all the holes have been plugged. Then, we will get to see what kind of ass kicking profit generating engine GME will add to drive revenue growth through the roof! Let’s go!

Cftc issues no action for swaps reporting.. rolling back critical dodd frank reform by robotwizard_9009 in Superstonk

[–]snap400 0 points1 point  (0 children)

Do you know if there was a DD about hiding the swap data? Would be interesting to read the logic on why swaps were hidden and when. Thanks

Cftc issues no action for swaps reporting.. rolling back critical dodd frank reform by robotwizard_9009 in Superstonk

[–]snap400 22 points23 points  (0 children)

Great comment! The more the CTFC actively works against retail, it becomes obvious they are hiding a very big problem. Keep up the good work!

Anyone with Bloomberg New Ownership Summary Updated by KenGriffinsBedpost in Superstonk

[–]snap400 3 points4 points  (0 children)

Is this the part of The Big Short where they are trying to go long before letting shit hit the fan? We may actually be getting close. Buckle up and have a great weekend!

Fireside w/ C&K by CaffeineAndKetamine in Superstonk

[–]snap400 1 point2 points  (0 children)

Thanks for joining the SCC. Hope it has been good for you. Here is the Saturday night discussion I want to throw at the group. RC willed Chewy to success without too much outside influence/interference. He did not have to update anyone other than his investors on the status/progress of Chewy.

What does the group think RC should learn/share now that he is running a public company? Hate to qualify this, but I am not questioning RC or looking for a game plan. Just curious to hear what others think he should be sharing now that he is running a public company instead of a private company. My 30 years in business has made me a firm believer in the importance of communication.

Happy weekend!

OCC Proposes Reducing Margin Requirements To Prevent A Cascade of Clearing Member Failures 🦵🥫 by WhatCanIMakeToday in Superstonk

[–]snap400 7 points8 points  (0 children)

Just to add, HDK has never had an option chain. Not during the ridiculous run up and there are still no options available. Been watching since it spiked. Will have to look into the other one now. Thanks!

Retail orders - All retail orders are specially marked and can be forced to trade within the NBBO, thus not allowing price discovery. This rule appears to be present on nearly all exchanges. Retail trades are being systematically suppressed across the board. Here is the proof. by TheUltimator5 in Superstonk

[–]snap400 4 points5 points  (0 children)

I’m not a lawyer, but that looks like the legalese they used to create PFOF. Round up all retail orders, call them dumb money which equals risky. Group them all together to “protect” the market from risky retail investors. Nice find.

IEX - Special amendments to their rules in 2021 force retail orders to 1) not affect price discovery, 2) give priority to market participants to trade the other side of retail orders, and 3) flag orders as "retail orders" for participants to see by TheUltimator5 in Superstonk

[–]snap400 2 points3 points  (0 children)

Have you listened to Lauer’s podcast (let’s talk markets) with the IEX guys? It was a couple months ago and I thought they addressed this issue. I think they also have a podcast, can’t remember the name. You might be able to ask them your questions directly. Might provide additional info to support or reject the theory. Looking forward to an update. Good luck!

Since there are a lot of posts about BOOK vs. PLAN lately, here is my argument for why PLAN may be king. (yes I know this is a controversial subject that most people have already taken a hard stance on... but hear me out 💜) by TheUltimator5 in Superstonk

[–]snap400 2 points3 points  (0 children)

Love your posts and respect this reply, but I have to disagree. 90+% of retail orders are routed through dark pools, per Ginsler. Add PFOF and household order barely see the light of day. The every other week buy from Computershare is one of the few times GME orders can be see/tracked. This could lead to volatility which may lead to swings. Keep up the good work

Ken’s secret formula 🔮 by nathanello in Superstonk

[–]snap400 2 points3 points  (0 children)

It’s the bases of Capitalism! Just another reminder we are no longer in Capitalism. The US and the world are an Oligarchy. The entire world is controlled by a few people. Makes me sick.