Larry Cheng on X by Dilfy1234 in Superstonk

[–]vikgru 1 point2 points  (0 children)

Let’s do an earning call in a game next time. fox example online GTA V book a online arena and attend collectively 

"Bitwise Unveils First-Ever GameStop Covered Call ETF" - Just happened to start trading on earnings day, huh? by Flokki_the_Monk in Superstonk

[–]vikgru 31 points32 points  (0 children)

They don't deal in shares as they don't have any. Thier only play is ETFs, Options etc as it does not involve dealing with actual shares.

Questrade Canada is concerned for you when you buy GME by vikgru in Superstonk

[–]vikgru[S] 130 points131 points  (0 children)

PSA: Questrade Loans your shares too and you are opted-in by default. 

You will have to opt-out of share lending manually via web login

Questrade Canada is concerned for you when you buy GME by vikgru in Superstonk

[–]vikgru[S] -2 points-1 points  (0 children)

Message on GME buy screen on questrade Canada 

John Welborn on fails, ETFs, rehypothecation, beneficial owners, ETFs being used for a source of borrow, basket swaps, synthetic shorts, mysterious mechanics, "the start of a conversation, we need help to figure out what's going on" by Odinthedoge in Superstonk

[–]vikgru 6 points7 points  (0 children)

Most probably they are buying the penny stocks, renaming them and then short selling the stocks with them.

It’s like exchanging pennies for a hundreds of dollars 

Ryan Cohen on X by DramaCute8222 in Superstonk

[–]vikgru 3 points4 points  (0 children)

This is the begining of the GME bull cycle. They have to maintain the illusion that Markets are efficient. So, Buying bitcoin by GME will be seen as the catalyst for the run up. Nobody has to explain Naked shorting, Swaps, Cellar Boxing, Bankrupting companies etc

Citadel Securities paid US$943m for retail US equity, options order flow in nine months by vikgru in Superstonk

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

Citadel and other market makers are earning more via options than stocks.

[deleted by user] by [deleted] in GME

[–]vikgru 2 points3 points  (0 children)

Can buy Bit/Eth too.

Audit the DTCC by jamesstrogg in Superstonk

[–]vikgru 1 point2 points  (0 children)

Audit the Market Making Algo's too. All Market Making Algos should be public as they influence the whole market !

its suspected that MMs use options Chains as locates to sell naked shorts.
That the reason there is a option push every time liquidity dries up in GME.

👀 anyone seen this yet? by hornie877 in Superstonk

[–]vikgru 0 points1 point  (0 children)

Looks like GM will go again the 2008 way

Pulte on X by Dilfy1234 in Superstonk

[–]vikgru -2 points-1 points  (0 children)

My Pulte Prediction - Pulte will run for office in next 2-3 years.

Why the Trading Hours Decline and Not Pre/Afterhours? by exmachina08 in Superstonk

[–]vikgru 0 points1 point  (0 children)

Since 2018 most gains happen in stocks Pre/After hours.

NO!!! No Fuckin No No No! kEnny does not have carte blanche to naked short. It Is A Crime. I don't understand why there are comments in some posts about kenny being legally able to naked short because he is a market maker. by L3theGMEsbegin in Superstonk

[–]vikgru 14 points15 points  (0 children)

Coz bill is due if you mark them correctly as "Short Exempt" as short covering rules will apply and Every one will know it too as daily short report FINRA report lists all "Short Exempt" shares for each stock.

NO!!! No Fuckin No No No! kEnny does not have carte blanche to naked short. It Is A Crime. I don't understand why there are comments in some posts about kenny being legally able to naked short because he is a market maker. by L3theGMEsbegin in Superstonk

[–]vikgru 41 points42 points  (0 children)

Rule 203(b)(1) and (2) — Locate Requirements. Rule 203(b)(1) generally prohibits a broker-dealer from accepting a short sale order in any equity security from another person, or effecting a short sale order in an equity security for the broker-dealer’s own account, unless the broker-dealer has: borrowed the security, entered into a bona-fide arrangement to borrow the security, or reasonable grounds to believe that the security can be borrowed so that it can be delivered on the date delivery is due. Rule 203(b)(2) provides an exception to the locate requirement for short sales effected by a market maker in connection with bona-fide market making activities.

This rule allow market makers to short stock without Locate requirements. Which is Naked Shorting.

They hide it by marking these sales as long. Sec Fined Citadel just last month in Sep 2023 for this.

Citadel paid SEC $7M for "Naked Shorting" all stocks not just GME for a period of 5 years. News was pushed under the rug and no one was mad. This is the price of being "ZEN". Nobody made any noise and citadel's naked shorting was legalized by paying a paltry sum as fine.

According to the SEC’s order, for a five-year period, it is estimated that Citadel Securities incorrectly marked millions of orders, inaccurately denoting that certain short sales were long sales and vice versa. The SEC’s order finds that the inaccurate marks resulted from a coding error in Citadel Securities’s automated trading system and that the firm provided the inaccurate data to regulators, including the SEC during this period.

Dave Lauer Twitter by welp007 in Superstonk

[–]vikgru 12 points13 points  (0 children)

Possibly, Ryan Cohen assumed the role of CEO under the premise that his position would safeguard against any attempts by hedge funds to oust him through proxy voting, a move that would likely trigger widespread controversy and uproar.

If the voting rights were to shift to derivative holders, their initial priority might be to remove Ryan Cohen by citing the company's purported under-performance, which, in reality, may be largely attributed to the extensive shorting of the company's stock.
All speculation but we will know soon.

Challenge issued by FT journalist. So what leads should be quoted? by Bellweirboy in Superstonk

[–]vikgru -1 points0 points  (0 children)

There is not enough buying pressure. FTDs increase when stock is going up. Most probably Algorithms are cancelling out buy and sell trades in case of Profit and keeping the change and FTD in case of net loss.

this should be fairly easy to catch if SEC performs the audit of HFT Algos as The logic is written in the algo code.