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152myrz
|
That’s what I call community engagement. Eat your heart out, Satya.
|
Can we all agree that Mr. Nadella must be jealous about the the level of engagement our Chairman commands? Our rocket ship is just a blip compared to the mighty Microsoft, yet Ryan Cohen is gaining so much more positive attention than Satya, with just a reply, and in way less time. It’s just one of the many reasons I continue to believe in our Chairman.
🔥🔥🔥Thanks Dad!🔥🔥🔥
| 1,689,650,900
|
2023-07-18 03:28:20
|
m1ndbl0wn
| 2,416
| 29
| 0.97
|
☁ Hype/ Fluff
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/r/Superstonk/comments/152myrz/thats_what_i_call_community_engagement_eat_your/
|
Superstonk
|
Microsoft
|
|
1514t5w
|
Found GameStop Batteries and Supported my Local GameStop
|
Visited my local GameStop and had a fantastic conversation with the employee. Even though I was the last customer in the store at 8PM at night, she still gave 100% effort and enthusiasm in helping me with my questions.
Things bought;
GameStop AA Batteries
Official GameStop Bag
Turtle Beach Headset with warranty
Microsoft Xbox controller with warranty
GameStop Pro Membership
As redacted once commented in this wonderful sub “if you truly believe in your company you will invest directly by buying stock and hodling and buying directly from the company.”
In my best Buzz Lightyear voice “To Infinity and Beyond!”
| 1,689,509,754
|
2023-07-16 12:15:54
|
ccharrington30
| 850
| 23
| 0.97
|
:pwrup: Bought at GameStop :pwrup:
|
/r/Superstonk/comments/1514t5w/found_gamestop_batteries_and_supported_my_local/
|
https://www.reddit.com/gallery/1514t5w
|
Superstonk
|
Microsoft
|
14y2mty
|
Portal for "skin" in the GME
| null | 1,689,200,501
|
2023-07-12 22:21:41
|
Automatic_Laugh_4293
| 294
| 64
| 0.89
|
👽 Shitpost
|
/r/Superstonk/comments/14y2mty/portal_for_skin_in_the_gme/
|
Superstonk
|
Microsoft
|
|
14w7rib
|
Executive Summary of What has Transpired to Date
|
So roaring kitty who is also deep fucking value was like, hey guys there is a big kaboom happening. People started joining in and saying Ho Lee shit I think you are right. Then it farted a little and the bad guys said oh no we can't have that so we won't let you buy gme shares.
Then the good guys were like what the fuck guys you can't do that. Then Ken griffin the guy who maybe owns citadel maybe he runs it and vlad, the guy who owns robinhood laughed and said those suckers are done. So after that they dropped the price and people were like fuck you I'm buying more. Then the bad guys were like, oh shit. Whatever we will deal with this later. Then they were like ok let's not drop the hell out of the price but keep it kinda low but not too low in the hopes of them getting bored and not cheap enough to buy a lot.
Then there was this guy who had a drone that kept taking pictures of wall street and shit. Then the wall street guys were like uh uh, can't do that, there are laws (lol) then he disappeared and maybe appeared again but was a changed man. Some other guys were getting gme billboards and airplane banner advertising and a bunch of other dope shit. I think these people stopped because they were like I'd rather buy more shares. There was also a smart guy with a dog and a fake guy with a dog. Then the SEC guy came and said hey guys I'll fix everything, but he lied. Fuck that guy. He's a liar. And really mean. Apparently he has a lot of money too.
Roaring kitty was sending really funny tweets and then he sent one where he bought a shit ton of more shares and people were like DAYUM! But then he stopped tweeting because he was told not to or he got worried or some shit but we all know he is holding so fuckin hard. Some people took pictures of him in public but most people said to leave the guy alone. I agree but I really would like him to start tweeting again.
And then other things happened that didn't have a direct connection to GME but got us all excited. Like evergrand defaulting that never happened or some SEC rules or some shit you signed to stop the bad guys from doing bad things. Also there was a guy who put a banana up his bum and we saw a couple of boobies. The boobies part was nice! WHERE ARE THE BOOBIES! There are also people who have been so important to me like the guy that runs 7.41k every day and the sign guy. Also the German market character and today's the day guy. There is also the big number guy where the bigger the number he posts the happier we are. There are a bunch of those guys also the @ryancohneismydad guy. Harmless fun.
But you also have controversial characters like that gherkin character. Also shout out to Dr Trambone she's great. Also David louder with chrowder who is kinda cool but works on wall street. He tells us what to think sometimes. There is also thus guy who owns a baseball? Team that would never get laid if it weren't for his money he’s one of the bad guys. He looks like he smells like lamb shanks that have been sitting out for a week. Oh shoutout to the other bad guys that are on the sidelines like the fat Microsoft fella that wants to own all the farms and vaccinate everyone. He said gme is for idiots. To that I say look at me Billy boy.
Oh yeah when all of this went down some people were like buy popcorn stock but there was nothing that made sense to do so. We are not allowed to get angry at those people if they own some gme. Also ryan Cohen the guy who runs gamestop is sending some cryptic tweets that everyone enjoys but I'm like get to the point boss. But that wouldn't be as much fun either. Oh and the biggest move that 99% of people agree on is to register your shares under your name with computershre. If you don't you probably will get fucked because they people that have your money have fucked you over in the past so they may do it again. I love you. I am beyond Saving. Hedgies r fukt.
Also the shares were split 4:1 but the bad guys didn’t slice the cake the way they were supposed to which was kid of a bummer.
| 1,689,026,260
|
2023-07-10 21:57:40
|
Mightymouseindahouse
| 165
| 31
| 0.86
|
👽 Shitpost
|
/r/Superstonk/comments/14w7rib/executive_summary_of_what_has_transpired_to_date/
|
https://www.reddit.com/r/Superstonk/comments/14w7rib/executive_summary_of_what_has_transpired_to_date/
|
Superstonk
|
Microsoft
|
14qocoz
|
Infinity squeeze: one individual’s opinion on the expectations of market surge and the ramifications of share price amplification by orders of magnitude
|
Hello to all who have been here for many a moon and a warm welcome to the people who have only recently joined the movement. I have never invested in the stock market, other than a company 401k, before gme came along, because I never felt enough confidence in the system and there was some inherent risks that I was afraid of. After all, I am a family provider and have to lookout for my family’s wellbeing above all, and risking lots of money on stock market just wasn’t an option for me. That is, until GameStop came along. I watched the drama for a few months and once I saw the buy button get removed, I just knew that this was different from anything I have ever seen. I was sold right then. My first share settled on fraudelity on feb1 2021, my first drs was in aug of 2021 and the rest is history. I am writing this, because I read a lot of comments and posts on infinity squeeze, “I ain’t selling shit”, diamond hands, “pay me”, no cell no sell, phone number prices, etc. You can call this fud or price anchoring or call me a shill and I don’t really care, because this is just an opinion from a realist’s point of view, and the numbers used are just for example. I love the idea of gme shares skyrocketing to 1 milly and beyond, the govt and the wealthy buckling to my every demand for change, but let us a take a quick look at the simple truth of how that might affect the country, society, and whole world as we know it.
Currently, the company, has some 304 million shares outstanding and at $25 a share, has a market cap of just over 7 billy. Some of the largest corporations in the world have market caps of less than 3 trilly each. Apple is the largest company with a market cap of $2.89 trillion, followed by Microsoft ($2.47 trillion), Saudi Aramco ($2.08 trillion), Alphabet ($1.57 trillion), and Amazon ($1.27 trillion). Most expensive shares are as follows: runaway (outlier?) Berkishe Hathaway ($453,066), followed by Lindt and Spruegli AG ($11,395), NVR Inc ($5,413), Seaboard Corp ($3,776), Booking Holdings ($2,449) are the top 5. The world economy is estimated at roughly $100 trillion, with the few largest being USA (23 trillion), China (17.7 trillion), Japan (4.9 trillion), Germany (4.2 trillion), India and UK (3.1 trillion each). These 6, comprise $56 trillion, which is over half the world’s economic worth. Even without UK the 5 top are still over 50 trillion and the top 4 are valued at a whopping 49.8 trillion. All data is represented in US dollars and is pulled from the internet, which can be verified by a quick search, by anyone. So, let’s take a look at the beloved company and their 304 million shares, when the price starts to go exponential. This is all hypothetical, so please bear with me. Let’s assume that the price jumps to just a puny 1k a share overnight. This will raise the market cap of gme to over $300 billion and would likely already cause some sort of chaos and fomo. Now, let’s just go ahead and raise that to a modest 10k, which would raise market cap to over $3 trilly, and this would make it the most valuable company in the world with a value greater than 95% of all countries’ gdp. That is already pretty impressive, now imagine the price goes to 100k, and now the company is more valuable than any country on the planet, surpassing the US gdp by over 7 trillion dollars. And finally, if the price ever reached $1,000,000, it would be worth over 3x the world economy, assuming not one individual, institution, or insider sells before this. I hope you see the pattern and I am not doing 100 milly. Does this sound realistic to you? Where would the money come from? At 10k a share all short hedge fucks will be long gone and wiped out, and at $1 milly plus the whole world would likely go into total destruction mode, just so a few people can sell one share for a $100 million? I love hopium just like the next person, but do you really think that the world powers that be will just sit back and watch everything burn while a couple hundred thousand people become wealthier than most counties? Your kids would probably eliminate you for your shares. There would be absolute chaos and likely wars would break out before it gets to this point. You know, as well as I do, that the wealthy will burn down the stock market, shut it down, destroy gme by completely locking it down to where it cannot do anything and push it into endless litigation, citing national security and label it a terrorist organization. Also, all this could be possible only if not one person who owns gme shares, including institutions and insiders, truly held and never sold, which everyone knows is impossible.
So, let us sit back and think for a few moments. Do you really think that RC has not considered all these consequences and thought about what will happen when the stock rises too fast? Do you think he is willing to risk and lose it all, just to give investors trillions of wealth? Or do you think that he want’s investors to become wealthy for generations without risking losing it all? Do you think that politicians and regulators and the wealthiest of people are unaware of the idiosyncratic risk and the potential of systemic risk for a worldwide disaster and total breakdown of the system? Do you think that they are just sitting there and hoping that everyone will finally give up? No, they are likely actively working on a reasonable solution and I think that it is possible they are all talking to RC about the outcome and likely making his life a living hell, by binding his hands and threatening law suits and jail time. You know that they will shut this shit down, launch a massive Hail Mary attack on household investors who refuse to sell, so he has to do this just right with just enough wealth generation for investors that it will not bring the whole world to its knees. There will be name calling, people crying on tv that this is ruining their lives, all sorts of experts calling it market manipulation, there will be a war if the stock rises too far. So, what good are paper gains when the world is on fire? I know that most would love to see many people go to jail over this, but in reality you know as well as I do that very likely just a few might end up paying the price for predatory practices and decades of fraud. So, what is the answer? Where does this go from here? I don’t know, and anyone who says they do are either lying to themselves or just plain fools.
So why not be smart about it? You know as well as I do that when the price starts to climb and surpasses 1k a share, then 10k a share, there will be fomo, chaos, and likely mass sell offs for profits. All the people claiming diamond hands, no cell no sell, and I ain’t selling shit, have no idea how they will react to their investment going from 100 a share to 10,000 a share or higher. It is easy to sit here now and claim that one can hold to 1 million and beyond, but what if that never happens? Are you willing to risk being set for life because greed got the best of you? Would I become them by burning everything down for personal gain? Why not take what you need and leave the rest for future dividends? I mean, at 10k a share, most people would need to sell 20 to 30 shares to be debt free and have plenty cash on hand to do what they want, and hedge fucks will be wiped out anyway. Do you really need more? Imagine what you could do if you were debt free and able to live your life in comfort. Selling at a reasonable price ensures personal wealth and almost total freedom, but isn’t enough to drive the world into total chaos, which will leave your investment almost certainly worthless. In total chaos, fiat will be useless, worth less than shit paper and clean drinking water. I have a firm belief that the company is headed for great things and I am in this until I die, but it doesn’t mean that I will sacrifice the wellbeing of my family for an unreasonable wealth gain that will put me morally on par with the worst of the 0.1%-1.0%. There is a way to enact change without burning everything around you to the ground, and I believe this is the strategy that RC has chosen. I can be wealthy, just by being debt free, and when the company continues to do well, I can then easily live off the future dividends with so many other opportunities opening up.
I can hear the price anchoring and fud screams as I am writing this, but make no mistake, I have no fear about the future of the company, certainly am not uncertain about my investment, and do not doubt RC and the team are working to improve the quality of life for their investors and their families for a long time to come. I have put my money where my mouth is as I know that it takes money to buy whiskey. I also know that there is more to life than just money, but please don’t lie to yourself by saying you are in this for more than profit. Nah, fuck that, you have to look deep inside your soul to find the truth. I am here for profit to ease the life of my family and friends firstly, and secondly for the hopes that something big happening with this stock will spur a series of systemic changes that will help all. CBDC’s are coming, like it or not, and I believe that they are setting this up, so that gme investors’ gains will be minimized or worthless in fiat currency. Big institutions are all of the sudden piling onto btc and other crypto, and I do not believe for a moment that this is cohencidence. They are securing their own and their families’ futures by investing in crypto because they know that the fiat future is grim and cryptocurrency is the only way out. They are after continued control of the system when the dollar fails. Don’t think that the dollar failing or total chaos would be good for gme investors.
In conclusion, I know that I will probably catch a ton of flak over this, get called all sorts of names, and risk being banned, but that is ok. I love all of you haters all the same. Let us be the example that the world needs to improve, for everyone. Be the change you want to see in others. I have been poor my whole life, I watched my parents struggle their whole lives, I watch my friends and family struggle, so I am not willing to risk potential freedom from the oppression, for uncertain gains through excess greed. People will still be able to make a positive change in the world, without having millions and billions in the bank. With financial independence, I will have the freedom to help others, start businesses, invest in emerging technologies, and make a positive change for the many struggling in life. At 10k a share gme would be the most valuable company on the planet and everyone who shorted it will be wiped out, let that sink in. 10k a share will likely spur some form of chaos and certainly a massive recession if not outright depression. Isn’t that enough? Millions will already suffer unnecessarily, so why hope for something much worse? If the stock mega squeezes, it will certainly cause congress to act and they will change every law they need to in order to control this and this in itself will spur a series of changes to the system, but still unlikely to benefit household investors. If you hope that the stock goes to $1 million, know that it will likely end up in endless litigation, and you will get nothing. Now, downvote this post, if it even makes it past the mods, because I don’t give a fuck what you think, and let the games begin. Let us see if there really is such a thing as freedom of speech. I am zavorak, this is my opinion, and I will see you in Valhalla.
“Esse quam videri.” -Cicero
| 1,688,498,493
|
2023-07-04 19:21:33
|
aZamaryk
| 0
| 30
| 0.39
|
🤔 Speculation / Opinion
|
/r/Superstonk/comments/14qocoz/infinity_squeeze_one_individuals_opinion_on_the/
|
https://www.reddit.com/r/Superstonk/comments/14qocoz/infinity_squeeze_one_individuals_opinion_on_the/
|
Superstonk
|
Microsoft
|
14mal5n
|
Tragic death Sunday of 32 year JPM Board Member adds to Bank’s string of unusual deaths. James Crown marks the 12th death of a high profile JPM banker. Crown was the Risk Committee Chair during the London Whale incident, JPM’s ties to Madoff Ponzi scheme & most recently the Jeffrey Epstein fiasco 🔥
|
On Sunday, James S. Crown died in an unusual single-car accident, reportedly on a motorsport racetrack at a “member-owned country club” in Aspen, Colorado. The Pitkin County Coroner’s Office said in a statement that “The official cause of death is pending autopsy, although multiple blunt force trauma is evident.” The Sheriff’s Office indicated that the earliest new information would be made available to the public is next week.
In August of last year, Wall Street On Parade made a referral to the U.S. Department of Justice involving James S. Crown, who was a long-term member of the Board of Directors of JPMorgan Chase and two predecessor banks, Bank One Corporation (previously Banc One) and First Chicago Corporation. Following mergers between the banks, Crown seamlessly went from First Chicago (1991 to 1996) to Bank One (1996–2004) to JPMorgan Chase (2004 to the present) – a stunning tenure of 32 years for a Board Member dubbed an “Independent Director.”
Wall Street On Parade’s referral to the Justice Department concerned financial dealings between Crown and JPMorgan Chase that were not disclosed in public filings to the Securities and Exchange Commission or to shareholders. We reported at the time:
For more than a decade, JPMorgan Chase has been asserting in its proxy statement that its entire Board of Directors, other than Jamie Dimon, its Chairman and CEO, consists of independent directors. In its most recent proxy statement for 2022, JPMorgan Chase asserts that “The Board, having reviewed the relevant relationships between the Firm and each director, determined, in accordance with the NYSE’s listing standards and the Firm’s independence standards, that each non-management director…had only immaterial relationships with JPMorgan Chase and accordingly is independent”…
But JPMorgan Chase has failed to disclose the granular details of a string of financial dealings it has had with companies tied to its Board member James S. Crown, Chairman and CEO of Henry Crown and Company, a private company owned by Crown and his siblings that invest in a sprawling array of businesses…
Crown was the Chair of JPMorgan Chase’s Risk Committee in the years leading up to, and during, the investigation of the London Whale scandal where the bank lost $6.2 billion from deposits in its federally-insured bank by gambling in derivatives in London. Crown remained Chair of the Risk Committee during the two felony counts brought by the Justice Department in 2014 related to the bank’s role in the Bernie Madoff Ponzi scheme. Crown also headed the Risk Committee during the 2015 felony count brought by the Justice Department related to the bank rigging the foreign exchange market. Crown remained a member (but not the Chair) of the Risk Committee in 2020 when the bank was charged with its fourth and fifth criminal felony counts by the Justice Department. The 2020 charges against the bank were for rigging the precious metals and U.S. Treasury securities markets. The bank admitted to all five felony counts from 2014 through 2020 and received deferred prosecution agreements from the Justice Department. Not only did the Board of JPMorgan Chase not fire Dimon after this unprecedented string of criminal charges, but it awarded him a bonus of $50 million.
During the years that Crown served on the Risk Committee at JPMorgan Chase, the bank was engaged in a major lending operation with his company, Henry Crown and Company. The details of that specific loan were not disclosed in the bank’s proxy statement.
The loan involved the 2017 purchase of Intrawest Resorts Holdings and Mammoth Resorts by a joint venture formed by an affiliate of KSL Capital Partners and Henry Crown and Company – the largest deal in ski resort history according to the Denver Post. In 2018 the resulting company was named Alterra Mountain Company. The company’s press release indicated that “The destinations that make up Alterra Mountain Company are spread throughout five states and three Canadian provinces: Steamboat and Winter Park in Colorado; Alpine Meadows, Mammoth Mountain, June Mountain and Big Bear Mountain Resort in California; Stratton in Vermont; Snowshoe in West Virginia; Tremblant in Quebec; Blue Mountain in Ontario; Deer Valley in Utah; and CMH Heli-Skiing and Summer Adventures in British Columbia.”
According to an SEC filing, “The Company [Intrawest] also received draft equity commitment and limited guaranty letters from KSL Capital Partners and Crown, and a draft debt commitment letter from JPMorgan Chase Bank, N.A. (‘JPM’) relating to Parent’s bid.” The ‘Parent’ is Hawk Holding Company, made up of KSL Capital and Henry Crown and Company interests. The SEC filing goes on to note that JPMorgan Chase is one of a syndicate of banks that have “committed to provide a $1.235 billion first lien secured term loan facility, a $196.25 million senior secured revolving credit facility, and a $365 million second lien secured term loan facility, of which $640 million of the loans under the first lien secured term loan facility, $190 million of the loans under the second lien secured term loan facility, and a portion of the commitments under the senior secured revolving credit facility, will be available on the closing date to finance the Transactions….”
Under the corporate governance statute covering “Director Independence,” 17 CFR § 229.407 Item 407, the Instruction to Item 407(a) reads: “The description of the specific categories or types of transactions, relationships or arrangements required by paragraph (a)(3) of this Item must be provided in such detail as is necessary to fully describe the nature of the transactions, relationships or arrangements.” (Italic emphasis added.)
Jamie Dimon knew Crown from their overlapping tenure at Bank One, where Dimon served as Chairman and CEO from 2000 until the merger with JPMorgan Chase in 2004. (Dimon had previously been a top lieutenant for Sandy Weill, Chairman and CEO of Citigroup, the bank that became a 99-cent stock in 2009 following the financial crisis of 2008 when it blew itself up with off-balance sheet toxic instruments.)
In a statement filed with the SEC on Monday, Dimon said Crown “has been a trusted advisor to me for nearly 20 years, playing a key role in helping our company navigate numerous business and economic challenges, most recently serving on our Public Responsibility and Risk Committees.”
One of those “challenges” is currently ongoing. JPMorgan Chase is facing very serious charges in federal court for facilitating Jeffrey Epstein’s sex-trafficking ring by servicing his accounts at the bank from 1998 to 2013, providing millions of dollars to him in cold hard cash without making the required Suspicious Activity Reports to the Financial Crimes Enforcement Network (FinCEN), and receiving referrals of high-net-worth clients and business deals as a quid pro quo. The bank settled a separate lawsuit with Jeffrey Epstein’s victims for $290 million on Monday but is facing a similar suit filed by the Attorney General of the U.S. Virgin Islands. (Epstein owned a secluded island and compound in the Virgin Islands where sex trafficking is reported to have occurred.)
One of the men who was aggressively avoiding the service of subpoena in the Virgin Islands’ case is Leslie Wexner, founder of The Limited retail conglomerate. Wexner was on the Board of Directors of the bank that Jamie Dimon would eventually head, Banc One, from at least 1986 – the year that Epstein took over financial affairs for Wexner – to 1991. (Wexner may have served as a Director at Banc One beyond 1991. We, thus far, could not locate definitive information beyond that date.)
For the past three days, newspapers covering Crown’s death have been canonizing him. But in 2013, a respected and prominent proxy advisory firm to institutions, ISS, recommended that Crown be removed from JPMorgan’s Board. ISS said that JPMorgan’s Board of Directors took action “only when it was clear that it could no longer maintain the status quo” and concluded with this:
“In the era of too-big-to-fail, large, complex financial institutions require board members who are knowledgeable, engaged and willing to put management on the spot when necessary. The need for qualified directors in the risk function who can go toe to toe with management is particularly acute. The legacy (risk policy committee) directors lack these skills, and the episode of (‘London Whale’) losses has demonstrated their unsuitability for service on the (committee) and the board.”
Crown, however, like Dimon, appeared to have protectors keeping them both in place at the bank.
Crown’s sudden death might not raise eyebrows were it not for the uniquely disturbing past rash of unusual deaths at this one bank, which include multiple leaps from buildings in 2014 and two alleged murder shoeishides in a 7-month span in 2014 and early 2015. A death of a Managing Director at JPMorgan Chase in 2019, Douglas Arthur Carucci, was so hush, hush that the New York City Medical Examiner had no record of the death, family members refused to speak with us, and news outlets like the Wall Street Journal, Bloomberg News, Financial Times, and Reuters didn’t even cover the death. See our report: JPMorgan Managing Director Dies Suddenly; Has Links to Other JPM Deaths. Below is a listing of the unusual deaths we have reported on related to JPMorgan Chase:
Joseph M. Ambrosio, age 34, of Sayreville, New Jersey, passed away on December 7, 2013 at Raritan Bay Medical Center, Perth Amboy, New Jersey. He was employed as a Financial Analyst for J.P. Morgan Chase in Menlo Park. On March 18, 2014, Wall Street On Parade learned from an immediate member of the family that Joseph M. Ambrosio died suddenly from Acute Respiratory Syndrome.
Jason Alan Salais, 34 years old, died December 15, 2013 outside a Walgreens in Pearland, Texas. A family member confirmed that the cause of death was a heart attack. According to the LinkedIn profile for Salais, he was engaged in Client Technology Service “L3 Operate Support” and previously “FXO Operate L2 Support” at JPMorgan. Prior to joining JPMorgan in 2008, Salais had worked as a Client Software Technician at SunGard and a UNIX Systems Analyst at Logix Communications.
Gabriel Magee, 39, died on the evening of January 27, 2014 or the morning of January 28, 2014. Magee was discovered at approximately 8:02 a.m. lying on a 9th level rooftop at the Canary Wharf European headquarters of JPMorgan Chase at 25 Bank Street, London. His specific area of specialty at JPMorgan was “Technical architecture oversight for planning, development, and operation of systems for fixed income securities and interest rate derivatives.”
Ryan Crane, age 37, died February 3, 2014, at his home in Stamford, Connecticut. The Chief Medical Examiner’s office ruled, after much delay, that the cause of death was “ethanol toxicity/accident.” Crane was an Executive Director involved in trading at JPMorgan’s New York office. Crane’s death on February 3 was not reported by any major media until February 13, ten days later, when Bloomberg News ran a brief story.
Dennis Li (Junjie), 33 years old, died February 18, 2014 as a result of a purported fall from the 30-story Chater House office building in Hong Kong where JPMorgan occupied the upper floors. Li is reported to have been an accounting major who worked in the finance department of the bank.
Kenneth Bellando, age 28, was found outside his East Side Manhattan apartment building on March 12, 2014. The building from which Bellando allegedly jumped was only six stories – by no means ensuring that death would result. The young Bellando had previously worked for JPMorgan Chase as an analyst and was the brother of JPMorgan employee John Bellando, who was referenced in the Senate Permanent Subcommittee on Investigations’ report on how JPMorgan had hid losses and lied to regulators in the London Whale derivatives trading scandal that resulted in losses of at least $6.2 billion. Deposits from the federally-insured bank had been used to make the derivative bets according to the Senate’s report.
Thomas James Schenkman, age 42, died suddenly in Connecticut on May 7, 2014. Schenkman was Managing Director of Global Infrastructure Engineering for JPMorgan Chase. Schenkman began his technology career with Microsoft, where he worked for 11 years. He had also previously worked at Goldman Sachs and Bear Stearns. Schenkman’s tenure at JPMorgan stretched from 2008 to the time of his death. The cause of death was eventually assigned to “atherosclerotic coronary artery disease” by the Connecticut Office of the Chief Medical Examiner.
Julian Knott and his wife, Alita, ages 45 and 47, respectively, were discovered by police on July 6, 2014 at approximately 1:12 a.m. in their home in the Lake Hopatcong section of Jefferson Township, New Jersey. After a two-day investigation, police announced that they believed Julian Knott shot his wife repeatedly and then took his own life with the same gun. The Knotts had three teenage children, two living at home and one in college. Knott had worked on JPMorgan computer networks in London since 2001, initially as a subcontractor for Computer Science Corporation and, later, IBM. Knott formally joined JPMorgan Chase at its London operations in January 2006 and remained there until 2010 when he transferred to JPMorgan’s large complex in Columbus, Ohio and rose to the rank of Technical Director of Global Tier 3 Network Operations. Knott was transferred again in 2012 and began work in JPMorgan’s high tech Global Network Operations Center in Whippany, New Jersey. Six months before his death he was promoted to Executive Director.
Michael A. Tabacchi and His Wife, Iran Pars Tabacchi: According to Bergen County, New Jersey Prosecutor John Molinelli and police reports, 27-year old Michael A. Tabacchi and his wife, Iran Pars Tabacchi (who also went by the name Denise) were discovered dead on Friday evening, February 7, 2015 in their home in Closter, New Jersey. Their infant son was in the home and unharmed. He was cared for by paternal grandparents. A text message from the home had been sent to the father of Michael Tabacchi asking him to come to the home, according to media reports. The father found the couple. County Prosecutor John Molinelli made short work of his investigation, tweeting: “Autopsy on Closter couple shows wife died from strangulation and single stab wound to chest. Husband died from self-inflicted stab chest.” On the very evening the bodies were discovered, before any autopsy had been performed, Molinelli characterized the deaths in a tweet as a “probable murder shoeishide.” Michael Tabacchi’s LinkedIn profile listed him as an Associate at JPMorgan, indicating a previous title there of Operations Analyst.
Ann Korkki, a Senior Administrative Assistant in the Wealth Management division of JPMorgan Chase in Denver, Colorado was found with the body of her sister, Robin Korkki, inside their luxury vacation villa at the Maia Resort on Seychelles, an island in the Indian Ocean off the East African coast. Ann Korkki was 37; her sister Robin was 42. Robin Korkki had an extensive history as a futures trader in Chicago, according to her past registration history at the self-regulatory body, FINRA. The deaths were discovered on September 22, 2016.
Douglas (Doug) Arthur Carucci, age 53, died on Saturday, March 9, 2019. His LinkedIn profile at the time indicated that he was a Managing Director at JPMorgan Chase and employed there since June 2011. The profile showed the titles at JPMorgan Chase of Global Head of Currencies, Emerging Markets, and Commodities Technology and Global Head of FICC Electronic Trading Technology. His online obituary says simply that he died “tragically and suddenly.” Carucci is believed to have been a resident of Manhattan with his wife, Cindy. Wall Street On Parade called the New York City Police Department and we were told they had no information in their database about the death of a Douglas Carucci in March 2019. We next emailed the New York City Medical Examiner’s office – which is mandated under law to investigate all deaths from accidents or sudden deaths. Aja Worthy-Davis, the Executive Director for Public Affairs of the Medical Examiner’s Office responded as follows: “There is no OCME record of this individual (under the name shared). Please keep in mind that the OCME does not investigate (or keep records of) all deaths within the City of New York. The OCME is specifically responsible for investigating only NYC-based deaths occurring from criminal violence, by accident, by shoeishide, or in any unusual or suspicious manner.”
| 1,688,058,767
|
2023-06-29 17:12:47
|
welp007
| 3,130
| 215
| 0.97
|
🤔 Speculation / Opinion
|
/r/Superstonk/comments/14mal5n/tragic_death_sunday_of_32_year_jpm_board_member/
|
https://www.reddit.com/gallery/14mal5n
|
Superstonk
|
Microsoft
|
14m6f1s
|
Who is gonna tell them that it’s all a façade? Every retirement fund should be suing Kenny, Jaime, Fink and Cifu before they socialize all of the loses!
|
Set-it-and-forget-it funds millions of Americans use to save for retirement at work are increasingly at the center of federal lawsuits alleging underperformance, posing new risks for employer sponsors who rely on them.
Target-date funds automatically reshuffle investments over a period of decades to maximize returns as retirement approaches, but workers at major companies are accusing their employers of failing to prudently monitor them over short, three-to-five-year windows.
JPMorgan Chase & Co.‘s SmartRetirement Funds are implicated in the latest phase of litigation brought by participants in an Intermountain Healthcare Inc. subsidary’s plan earlier this month. Nearly a dozen companies were sued last year for allegedly sacrificing returns by chasing low fees offered in BlackRock Inc.‘s suite of LifePath index Funds.
Employers rely heavily on relatively inexpensive and easy-to-use TDFs to fill out their 401(k) and 403(b) plan menus. They account for nearly a third of total US retirement savings and are found in nearly 98% of defined-contribution plans, according to The Vanguard Group Inc. Entangling such a ubiquitous investment option in workplace retirement plan litigation could have far-reaching effects, shifting employers’ focus from fees to returns.
“Fees litigation has encouraged employers to flock to the safety offered by TDFs,” said Daniel Aronowitz, managing principal and owner of Euclid Fiduciary Managers LLC. “Now the future seems to be less about fees and more about performance, throwing all of this on its head.”
Plaintiffs in the Intermountain Healthcare suit contend that their employer, Sisters of Charity of Leavenworth Health System, mismanaged the group retirement plan by keeping an actively managed JPMorgan TDF suite on the investment menu, despite allegedly poor performance against industry-accepted benchmarks.
Similar lawsuits filed last year against Citigroup Inc., Marsh & McLennan Cos. Inc., and Cisco Systems Inc. argue that low-cost BlackRock funds had been outstripped by competitors over the past three to five years.
“The issue that’s unfair in these cases is the central question: When have you underperformed?” Aronowitz said. “What is the amount of time that would be prudent to change these funds? We’ve always thought of these as long-term investments, so why are a few years of performance so critically important?”
Advance Publications Inc.-owned Condé Nast was able to beat back its TDF lawsuit in June, the fourth of the 11 total BlackRock-related lawsuits that wasn’t able to survive the motion to dismiss phase, including Booz Allen Hamilton Holding Corp., Capital One Financial Corp., and Microsoft Corp.
It’s enough to “give plaintiffs pause,” but the select few firms bringing TDF suits against companies are bound to “regroup and try again,” said Gary Blachman, an Ice Miller Strategies Inc. partner. The potential rewards for TDF settlements are major, so firms are finding TDFs that have underperformed their peers over a given window of time and working backward to find company 401(k)s that were invested in them then.
“The plaintiff’s bar is getting very creative in how they approach this,” Blachman said. “They saw some limited success with excessive fees cases, and now they appear to be trying TDFs.”
Active vs. Passive
A critical difference between the JPMorgan and BlackRock suites of funds is the management strategy investment banks use to choose securities. Success in TDF litigation could hinge on the level of involvement money managers and retirement plan officials have in that process.
The BlackRock LifePath funds are passive index funds that set a glidepath for investments based on a model that’s tied to diversified portfolio performance. The JPMorgan suite is actively managed, meaning Wall Street managers are operationally involved in trying to beat the market, introducing more risk and reward in the process.
Courts have been eager to make clear distinctions between the two investment management strategies. The US Court of Appeals for the Eighth Circuit in 2020 said active funds have “different aims, different risk and different potential rewards” in a ruling reviving a claim against Washington University in St. Louis.
That could mean it’s easier for plaintiffs to survive the motion to dismiss stage if they can clearly demonstrate that riskier active funds underperformed. But it’s still unclear whether courts will permit active funds to be compared to passive ones, or if analyses should remain within the two separate fund categories.
Retirement plan officials held to a strict fiduciary standard of conduct for selecting and monitoring investments aren’t afforded the same nuanced analysis. The US Labor Department has been careful never to give plan fiduciaries a pass on their duty to keep a watchful eye over the entirety of underlying investments in a TDF strategy, said Susan Rees, of counsel at the Wagner Law Group PC and a former DOL division chief.
“I think they’re concerned about abdicating a plan fiduciary’s responsibility to make prudent investment choices,” she said. “Over the course of time within a fund, the investments will change based on a formula, not based on the choice of any fiduciary.”
| 1,688,048,801
|
2023-06-29 14:26:41
|
monkeyshinenyc
| 1,394
| 31
| 0.99
|
📰 News
|
/r/Superstonk/comments/14m6f1s/who_is_gonna_tell_them_that_its_all_a_façade/
|
Superstonk
|
Microsoft
|
|
14he9y5
|
Gaming is a growth story. The gaming total addressable market is increasing while all other forms of entertainment are decreasing.
| null | 1,687,565,865
|
2023-06-24 00:17:45
|
Yonsei
| 865
| 20
| 0.98
|
:Bar_Chart: Data
|
/r/Superstonk/comments/14he9y5/gaming_is_a_growth_story_the_gaming_total/
|
https://www.reddit.com/gallery/14he9y5
|
Superstonk
|
Microsoft
|
14h266p
|
Pay attention to console exclusivity and the Microsoft Blizzard acquisition. XBOX, Playstation, and Nintendo exclusive titles mean GameStop sales.
|
The Activision Blizzard acquisition trial involving Microsoft deserves our attention. These huge companies (Microsoft and Sony) are arguing for the future of consoles. Console games mean GameStop sales. This FTC vs Microsoft courtroom battle implies that physical games are not going away anytime soon. Why would they fight for exclusivity of games on their consoles if they didn't see a future in console game sales?
| 1,687,535,758
|
2023-06-23 15:55:58
|
Maxwell__House
| 240
| 13
| 0.93
|
📰 News
|
/r/Superstonk/comments/14h266p/pay_attention_to_console_exclusivity_and_the/
|
Superstonk
|
Microsoft
|
|
14fy6wr
|
Microsoft in 1987. Amazon in 1998. Apple in 2001. Nvidia in 2009. Tesla in 2013. GameStop in 2023.
| null | 1,687,424,374
|
2023-06-22 08:59:34
|
Get-It-Got
| 1,695
| 57
| 0.95
|
🤔 Speculation / Opinion
|
/r/Superstonk/comments/14fy6wr/microsoft_in_1987_amazon_in_1998_apple_in_2001/
|
Superstonk
|
Microsoft
|
|
14ffebv
|
A look back at GameStop in 2014 ... look how far we've come. Link to the full preso in the comments.
| null | 1,687,371,987
|
2023-06-21 18:26:27
|
Get-It-Got
| 271
| 12
| 0.97
|
💡 Education
|
/r/Superstonk/comments/14ffebv/a_look_back_at_gamestop_in_2014_look_how_far_weve/
|
Superstonk
|
Microsoft
|
|
14eihmp
|
Always find it so amusing when they just omit GameStop data on these types of websites. Whatchya worried about, yo? Don't want everyone to know how fuk'd shorts and MMs are?
| null | 1,687,284,693
|
2023-06-20 18:11:33
|
Get-It-Got
| 997
| 20
| 0.98
|
:Bar_Chart: Data
|
/r/Superstonk/comments/14eihmp/always_find_it_so_amusing_when_they_just_omit/
|
Superstonk
|
Microsoft
|
|
149amh1
|
Pam finally said the quiet part out loud! I’ve been waiting 84 years for this moment. Word is spreading far and wide on the market loopholes and fooktuckeries. Get loud, tell your friends, LFG!
|
By Pam Martens and Russ Martens: June 14, 2023 ~
Following the dot-com mania of the late 90s, the Nasdaq reached a closing high of 5,048.62 on March 10, 2000. The Nasdaq then proceeded to lose 78 percent of its value over the next 2-1/2 years. It reached a closing low of 1,114.11 on October 9, 2002.
There is mounting evidence that the S&P 500 is in a similar bubble today – this time fostered by Wall Street hyperbole and FOMO (Fear of Missing Out) around Artificial Intelligence (AI) boosting big gains at mega tech companies.
Headlines are sprouting up at various news outlets, touting that the S&P 500 is in a new bull market. But, in fact, almost all of the gains in the S&P 500 Index year-to-date have come from just seven stocks: Apple (ticker AAPL), Alphabet (GOOG), Amazon (AMZN), Meta Platforms (formerly Facebook, ticker META), Nvidia (NVDA), Microsoft (MSFT), and Tesla (TSLA).
The way that these seven stocks have been able to disguise the broad deterioration in the overall S&P 500 is that the Index is weighted by market capitalization. This translates into companies with very large market capitalizations (“market cap”) getting weighted more heavily in the pricing of the Index, meaning their share price movements can grossly distort the value of the S&P 500 Index, and thus, the overall view of the market.
To give you an idea of the size of the bubble we are in today, the market cap of Apple at yesterday’s closing bell was $2.88 trillion. That is more than the market cap of all domestic shares listed on the Frankfurt, Germany stock exchange as of March 2023.
This is a rundown of the market cap and Price-to-Earnings ratio (PE ratio) of these seven tech stocks, which are grossly distorting the value of the S&P 500 Index. (The data is as of yesterday’s closing prices.)
Apple: $2.88 trillion market cap; PE 31
Microsoft: $2.49 trillion market cap; PE 36
Alphabet: $1.58 trillion market cap; PE 27
Amazon: $1.3 trillion market cap; PE 295
Nvidia: $1.013 trillion market cap; PE 211
Tesla: $820 billion market cap; PE 74
Meta Platforms: $695 billion market cap; PE 33
Play close attention to the nose-bleed PE ratios of 295 on Amazon and 211 on Nvidia. The typical PE ratio is 20.
As of yesterday’s closing bell, the entire 500 stocks in the S&P 500 Index had a market cap of $36.48 trillion. If you add up the market cap of just the seven stocks listed above, it comes to $10.8 trillion or 29.6 percent of the entire 500 stocks in the index.
Adding to this market distortion, three of the seven tech stocks listed above have shown percentage gains of more than 100 percent year-to-date. Nvidia is up 180.7 percent; Meta Platforms has gained 125 percent; and Tesla is up 110 percent. This is decidedly not normal during a Fed tightening cycle.
In 2017, the veteran investor Warren Buffett, the CEO of Berkshire Hathaway, reminded investors about how critical the stock market’s ability to efficiently allocate capital is to America’s abundance. Buffet wrote this in his annual letter to shareholders:
“Above all, it’s our market system – an economic traffic cop ably directing capital, brains and labor – that has created America’s abundance. This system has also been the primary factor in allocating rewards.”
Unfortunately, Buffet was reflecting a nostalgic yearning for how he wished the U.S. markets still worked. He was not giving a realistic assessment of how U.S. markets are actually functioning.
From Dark Pools, to high frequency traders, to payment-for-order flow, to tricked up total return swaps allowing hedge funds to secretly pump and dump publicly-traded stocks (think Archegos), efficient allocation of capital has given way to a rigged wealth transfer system, sucking in the little guy at the top of markets as the insiders get their short positions in place.
| 1,686,756,074
|
2023-06-14 15:21:14
|
welp007
| 3,302
| 98
| 0.98
|
🤔 Speculation / Opinion
|
/r/Superstonk/comments/149amh1/pam_finally_said_the_quiet_part_out_loud_ive_been/
|
https://www.reddit.com/gallery/149amh1
|
Superstonk
|
Microsoft
|
148sqku
|
Why GameStop is primed to become the Amazon x Steam of Web3 (via their Microsoft partnership), use it to benefit their traditional e-commerce model, and ultimately pioneer usage of the new transparent + elegant Ethereum (/blockchain) back-end used by all of future society
|
I made a post here a couple days ago trying to simplify the Loopring x Taiko situation, and how it is going to help **scale Ethereum in the next \~6 months**. Some time after it had already gained traction by many, I ended up expanding on it with **2 extra extensive parts** (*thanks to the community* 💜) to contextualize what impact this system would have on **GameStop** \- alongside the potential it holds to *completely shift* the mainstream backend internet design used by the **entire world** to *store information, communicate, track transactions, and perform endless other useful 'globalised' tasks*.
Due to the later timings of L2/L3 parts being fully written and revised within the comment section, they got nowhere near as much interaction despite being **just as important**, if not **waaayy** more so for this sub (*+ Reddit fully 404 error went down for a few hours during the general sub blackout while it was rising on here* 🤨).
This entire collection took just under a week of being completely consumed in awe trying to finalise everything (*mostly non-stop editing to be more concise in delivery*): but I feel the end result **successfully paints the potential scale of this whole bigger operation in simple terms**, without skimping on the key specifics - in \~4200 words (*not intended*).
**The Ultimate** '**$GME x Ethereum For Dummies**':
\[[**↺L1↻**](https://www.reddit.com/r/Superstonk/comments/14779m1/taiko_x_loopring_l2_x_l3_explained_and_the_near/) (OP)**:** the **technical upgrades of Ethereum** and how they benefit **Loopring x Taiko x Ethereum** to make its **L1 de-congested** (lowering user transaction gas fees from **$5+ -> less than $0.01**, alongside settlement time going from **10-20mins -> instant**) and the ecosystem **owned by the people, for the people (secured + compressed via zkRollups)** finally commercially usable **and** viable for long-term by **only getting better** as it is more used.\]
\[[**↺L2↻**](https://www.reddit.com/r/Superstonk/comments/14779m1/comment/jnubllk/)**:** Implications that **Taiko L2 scaling** has by unlocking this decentralised, instant, and low-fee **Ethereum Web3 ecosystem** to become actually viable for use on **Apple’s App Store** \- essentially fixing the (*key adoption inhibiting*) problem with their current 30% NFT gas fee cut policy (alongside potential to scale even further with L1/L2/L3 like **GameStop's Loopring/Telos/Immutable/Polygon partners)**.\]
\[[**↺L3↻**](https://www.reddit.com/r/Superstonk/comments/14779m1/comment/jnvcxvz/)**:** Why **GameStop could directly benefit** with their current position within this ecosystem - which they are **partnered with Microsoft to do by creating the "ultimate gaming destination" -** and become an **Amazon of Web3:** specifically for the gaming industry **in the style of Steam** (*with their NFT/item marketplace, Playr launcher, and non-custodial consumer-friendly Loopring/Immutable/multi-rollup wallet*).
This revenue can then be redirected into their **existing $1bil+ cash and no debt** (*and now leaned out)* [**traditional e-commerce business model**](https://nypost.com/2021/05/03/gamestop-signs-lease-for-massive-distribution-warehouse-ditches-debt/) **-** to attempt to actually **rival Amazon by further delighting its customers**.
(+ even more specific existing real-life company (**e.g. ComputerShare**) hypothetical implementation of **Ethereum/Loopring back-end** (to support **GameStop's** **One Stop Shop** for its *various* Web3 partnerships) and how **$GME is primed to win** with the **'natural growth victory' DRS route.**)\]
All 3 parts are maxed out to 10k characters, and **equally important** for being able to easily conceptualise - just how **mind-blowingly signifcant** \- **GameStop's** involvement within this **turbo scaling of the Ethereum back-end** could be as a **potential catalyst for company growth and the unification of the internet.**
**Simultaneously and quite literally** bringing **Power to the Players/Creators/Collectors** by influencing and changing how **every industry** (*tickets, music, games, visual media, marketplaces, stocks, banking...*) will be communally run to be **automated, instant, secure, transparent, globally bridged, and (next-to) free**.
[Comprehensive 3-Layer crash-course to understand why GameStop really weren't over-exaggerating](https://preview.redd.it/62esl1qadv5b1.png?width=2000&format=png&auto=webp&s=8d1c62fbc27f8f6111a1e055de88698ed9e5b4bf)
This doesn't **even begin** to touch on **other key topics and possibilities** like [**Protocol Gemini**](https://twitter.com/ProtocolGemini/status/1616984340352880642) **-** partnered with **Loopring** to streamline **real-life NFT collecting events:**
* Someone can **mint** (*for free via Loopring*) **unique NFTs** representing anything, and **specify a certain time and location** *(alongside any other conditions like wallet age, other owned NFTs..)*
* Anyone qualifying for set condition(s) can then **receive those NFT(s) directly to their intertwined Loopring/Ethereum wallet**
* *(...and that is only one example of real-life utility within the bigger operation of this* [***community-driven GPS maps identification project***](https://www.protocolgemini.com/)*)*.
**Remember**: only the first to close their shorts - ***might*** *just about* [**survive**](https://twitter.com/macro_diary/status/1500133572241502213) 😉
​
| 1,686,698,957
|
2023-06-13 23:29:17
|
Iron_Monkey
| 1,546
| 39
| 0.97
|
📚 Due Diligence
|
/r/Superstonk/comments/148sqku/why_gamestop_is_primed_to_become_the_amazon_x/
|
https://www.reddit.com/r/Superstonk/comments/148sqku/why_gamestop_is_primed_to_become_the_amazon_x/
|
Superstonk
|
Microsoft
|
1447qz2
|
Destiny 2 streamer/YouTuber iFrostBolt advertising XBox SeriesX from GameStop on his YT channel. I check out a decent amount of Destiny 2 vids on YT and this is the first time I've seen this. Thought y'all would like it.
| null | 1,686,226,826
|
2023-06-08 12:20:26
|
caneinbama
| 65
| 4
| 0.85
|
☁ Hype/ Fluff
|
/r/Superstonk/comments/1447qz2/destiny_2_streameryoutuber_ifrostbolt_advertising/
|
Superstonk
|
Microsoft
|
|
143dx42
|
I tried projecting Q1 2023's EPS... We might beat the Consensus EPS Estimate of -0.12 once more.
|
What I did is simple, I tabulated the Income Statement of Gamestop Q1 2021 up to the latest report Q4 2022 as follows:
[The grey column represents the time when George Sherman was still CEO of Gamestop. The rest is when Matt is already CEO.](https://preview.redd.it/gyhl72blml4b1.png?width=953&format=png&auto=webp&s=4bb01216217b5cb07362ed03c85372841348a34c)
Using Microsoft Excel's FORECAST.ETS formula, I tried projecting the different line items in the income statement of Gamestop. I set up the formula to also account for seasonality, since Q4 is pretty well known as the most profitable quarter for retail companies.
Based on my knowledge on finance and accounting, the cost of sales has high direct correlation with the net sales, so I set the Excel's forecast formula to use all the cost of sales data to project this quarter's cost of sales.
With the exception of Selling, General and Administrative Expenses, which I will explain after this, all the Forecast formula also used the entire data for projecting since Income Tax, Interest Expense, and Asset Impairment are all relatively predictable cost that is not exactly as controllable as Selling, General and Administrative Expenses.
This controllability of the Selling, General and Administrative Expenses is the reason why I have four different projections of EPS. Based on all the earnings calls I have gathered, the SG&A has a noticeable element of controllability to it. Some of the steps taken by Gamestop to reduce this cost includes right sizing, closing unprofitable stores, and of course ending relationships with high-priced external consultants.
If you to calculate it, the percentage of SG&A with regards to Net Sales from Q3 2022 to Q4 2022 has reduced from 33% down to 20%. This reduction has contributed massively to beating the consensus earnings estimate. It is worth noting that Cost of Sales has remained consistently around \~77% for all the quarters.
Now, according to the latest Earnings Call, Matt reported that they are now beginning to aggressively cut costs, so it will not be surprising if the percentage of SG&A this quarter will also be lower than it already was.
Moving to the projections itself, my results are as follows:
[The topmost header for each column describes the beginning quarter I used to project the SG&A. For example, the column labelled, \\"Same Quarter that Matt is hired as CEO \(Jun 2021\)\\" means that the SG&A projection uses only the data from Q2 2021 up to Q4 2022 to project the SG&A for Q1 2023. On the other hand, \\"Following Quarter after Matt is hired as CEO\\" means that the projected SG&A only used the data from Q3 2021 to Q4 2022.](https://preview.redd.it/5ki33i8tml4b1.png?width=812&format=png&auto=webp&s=c4b42042944a69be7a4b237dc217de720064bd54)
As you can see in my result, it might be that this quarter's EPS will be somewhere between -0.13 to 0.06, or a 1-in-20 chance that we miss the consensus EPS estimate of -0.12 per share. The weakness of this projection lies in how wrong the Net Sales and Cost of Sales has been projected.
| 1,686,146,022
|
2023-06-07 13:53:42
|
dg_713
| 42
| 8
| 0.9
|
🗣 Discussion / Question
|
/r/Superstonk/comments/143dx42/i_tried_projecting_q1_2023s_eps_we_might_beat_the/
|
https://www.reddit.com/r/Superstonk/comments/143dx42/i_tried_projecting_q1_2023s_eps_we_might_beat_the/
|
Superstonk
|
Microsoft
|
141omvt
|
GME teamed w/ IMX who teamed w/ Unity Games who teamed w/ Apple for their Vision Pro AR/MR
|
This article has the Apple Unity connection: [https://techcrunch.com/2023/06/05/apple-headset/](https://techcrunch.com/2023/06/05/apple-headset/)
>Apple says the system will work with Microsoft Office apps, as well as teleconferencing services like WebEX and Zoom. VisionOS runs on the same framework as iOS and iPad OS, meaning that existing apps will port over. The company is also launching a new App Store specifically for the headset. It’s teamed with **Unity**, as well, to support development tools for games, which should offer a better experience than simply porting over existing games.
The rest of the connections have been well reported on this sub.
| 1,685,992,357
|
2023-06-05 19:12:37
|
1337505
| 255
| 12
| 0.92
|
🗣 Discussion / Question
|
/r/Superstonk/comments/141omvt/gme_teamed_w_imx_who_teamed_w_unity_games_who/
|
https://www.reddit.com/r/Superstonk/comments/141omvt/gme_teamed_w_imx_who_teamed_w_unity_games_who/
|
Superstonk
|
Microsoft
|
140f9rv
|
So anyway, GameStop > Microsoft Store. LFG
| null | 1,685,890,065
|
2023-06-04 14:47:45
|
Fitzy564
| 757
| 9
| 0.98
|
:pwrup: Bought at GameStop :pwrup:
|
/r/Superstonk/comments/140f9rv/so_anyway_gamestop_microsoft_store_lfg/
|
Superstonk
|
Microsoft
|
|
13yipwz
|
+57 more for a better life. Finally in the xxxx club!
| null | 1,685,726,355
|
2023-06-02 17:19:15
|
Thorough_Good_Man
| 1,423
| 10
| 0.99
|
💻 Computershare
|
/r/Superstonk/comments/13yipwz/57_more_for_a_better_life_finally_in_the_xxxx_club/
|
Superstonk
|
Microsoft
|
|
13m1nmr
|
iG (UK broker) has introduced 'Client Sentiment' section for each ticker. GME has 96% long positions while trading data seems a bit sus🤔 For comparison: Microsoft has 69% longs and J.P. Morgan 67%
| null | 1,684,516,391
|
2023-05-19 17:13:11
|
lacaprica
| 251
| 13
| 0.96
|
:Bar_Chart: Data
|
/r/Superstonk/comments/13m1nmr/ig_uk_broker_has_introduced_client_sentiment/
|
Superstonk
|
Microsoft
|
|
13l3op3
|
This seems inaccurate
| null | 1,684,427,405
|
2023-05-18 16:30:05
|
NostraSkolMus
| 146
| 7
| 0.94
|
🗣 Discussion / Question
|
/r/Superstonk/comments/13l3op3/this_seems_inaccurate/
|
Superstonk
|
Microsoft
|
|
13506w9
|
Reddit's Top Stocks of April (Big tech is challenging, but GME is still king)
| null | 1,682,972,630
|
2023-05-01 20:23:50
|
DataOverGold
| 338
| 23
| 0.95
|
:Bar_Chart: Data
|
/r/Superstonk/comments/13506w9/reddits_top_stocks_of_april_big_tech_is/
|
Superstonk
|
Microsoft
|
|
130eo8k
|
Turns out it's super easy, barely an inconvenience
| null | 1,682,585,624
|
2023-04-27 08:53:44
|
Bezere
| 313
| 13
| 0.98
|
🤡 Meme
|
/r/Superstonk/comments/130eo8k/turns_out_its_super_easy_barely_an_inconvenience/
|
Superstonk
|
Microsoft
|
|
1300qgw
|
How MSM should have been…- I made some free templates for y’all.. Your welcome.. Just tell me which one you liked best, and which one you’ve tweeted🤣 comments are open.
|
1.
"From the Brink of Bankruptcy to the Top of the Game: The Story of GameStop's Turnaround"
The year 2020 was a tough one for many businesses, and GameStop was no exception. With over 5000 stores closed due to the pandemic, negative earnings, and almost $300 million in debt, the company was on the brink of bankruptcy.
But thanks to the efforts of an activist investor and a group of individual investors, the company not only survived, but thrived.
Today, with a debt-free balance sheet, positive earnings of $48 million, and positive cashflow of $350 million, GameStop is on track to become a leading company in web3 gaming.
2.
"Meet the Chairman Who Turned a Failing Company into a Tech Powerhouse"
Ryan Cohen, the chairman of GameStop, is a household name in the investment world. He not only rescued the company from bankruptcy, but also transformed it into a leading player in web3 gaming. How did he do it? By hiring over 400 executives from top tech companies like Apple, Facebook, Google, and Microsoft. With their expertise and vision, Ryan Cohen and Matt Furlong’s team have set their sights on a future where players, creators, and collectors have more power than ever before.
3.
"The Future is Bright for GameStops: A True Success Story"
Few companies have faced the challenges that Gamestop has in the past 3 years, but even fewer have emerged as strong as this one. With a market cap of only $6 billion, GameStop has proven that it has what it takes to succeed in the tech world. By embracing web3 gaming and NFTs, the company is poised to lead the way in digital ownership and decentralization. With a profitable year behind them and a bright future ahead, GameStop is a true success story.
4.
"Why GameStop's Turnaround is More Than Just a Comeback"
When Gamestop was on the brink of bankruptcy, many investors wrote it off as a lost cause. But a group of individual investors and an activist investor saw something special in the company's potential. With a debt-free balance sheet, positive earnings, and positive cashflow, GameStop has not only made a comeback, but also set its sights on a future where digital ownership and decentralization are key. By focusing on web3 gaming and NFTs, the company is paving the way for a new era of gaming and entertainment.
5.
"The Rise of GameStop: How One Company Beat the Odds"
It's not every day that you see a company go from near bankruptcy to profitability in just three years. But that's exactly what happened with GameStop. With a strong vision and a talented team of executives from top tech companies, the company has emerged as a leader in the web3 gaming space. By embracing NFTs and decentralization, the company is paving the way for a future where users have more control over their digital assets than ever before. The rise of GameStop is a story of resilience, determination, and innovation.
6.
Topic: GameStop's Turnaround
Can you believe it? The future of GameStop is looking bright! After a turbulent year that saw the company almost go bankrupt, GameStop has made a stunning turnaround.
And leading the charge is Ryan Cohen, the visionary investor who's turning GameStop into a web3 gaming powerhouse.
7.
From near-bankruptcy to profitability, GameStop's comeback is nothing short of remarkable.
Thanks to the leadership of Ryan Cohen, the company has paid off all its debts and is now a debt-free entity.
Not only that, but with Cohen at the helm, GameStop is poised to become a leader in web3 gaming, giving power back to the players, creators, and collectors.
8.
GameStop's story is one for the ages. Just three years ago, the company was on the brink of collapse. But now, thanks to the brilliant mind of Ryan Cohen, GameStop is back and better than ever.
With a focus on web3 gaming and a commitment to giving users more control over their digital assets, GameStop is poised to become a major player in the gaming industry.
9.
The comeback of GameStop is nothing short of miraculous. Thanks to the visionary leadership of Ryan Cohen, the company has gone from being a struggling brick-and-mortar store to a tech giant in the making.
With its focus on web3 gaming and a commitment to sustainable growth, GameStop is set to become one of the leading companies in the gaming world.
10.
GameStop is on fire, and it's all thanks to Ryan Cohen. The former e-commerce entrepreneur has taken the company by storm, hiring over 400 executives from other top tech companies like Apple, Facebook, Google, and Microsoft. With his leadership, GameStop is making waves in the gaming world, with its focus on web3 gaming and a commitment to giving users more control over their digital assets.
So ChatGPT.. Let’s rap it up..
Verse 1:
I was on Wall Street, thought I had it all
But then I saw GameStop, and I took the fall
Hedge funds shorted, thought they'd make a killing
But we came together, and we started winning
Chorus:
Ryan Cohen came in, and he took the lead
Turned this company around, we didn't just succeed
We made history, took on the big guys
Now we're in the game, and we're reaching new highs
Verse 2:
GameStop was dying, but we had a vision
We saw web3 gaming, and we made a decision
We hired execs from Apple, Facebook, and more
Now we're leading the way, like never before
Chorus:
Ryan Cohen came in, and he took the lead
Turned this company around, we didn't just succeed
We made history, took on the big guys
Now we're in the game, and we're reaching new highs
Verse 3:
We paid off all our debt, and we're making bank
Earnings up, cash flow strong, we're not going to sink
We're giving power to the players, the creators, and collectors
NFTs, digital ownership, that's what we're after
Chorus:
Ryan Cohen came in, and he took the lead
Turned this company around, we didn't just succeed
We made history, took on the big guys
Now we're in the game, and we're reaching new highs
Outro:
So if you're feeling down, and you're feeling small
Just remember GameStop, and how we took on them all
Ryan Cohen, he's the man, he's the hero we need
Now we're unstoppable, we'll succeed.
| 1,682,545,684
|
2023-04-26 21:48:04
|
Viking_Undertaker
| 52
| 5
| 0.91
|
☁ Hype/ Fluff
|
/r/Superstonk/comments/1300qgw/how_msm_should_have_been_i_made_some_free/
|
https://www.reddit.com/r/Superstonk/comments/1300qgw/how_msm_should_have_been_i_made_some_free/
|
Superstonk
|
Microsoft
|
12ygth9
|
They're still trying to get the masses to spend money on anything but GME, and most people wouldn't look to see that the "financial analyst" knows nothing at all.
| null | 1,682,422,804
|
2023-04-25 11:40:04
|
averageguyonthest
| 43
| 1
| 0.87
|
☁ Hype/ Fluff
|
/r/Superstonk/comments/12ygth9/theyre_still_trying_to_get_the_masses_to_spend/
|
https://www.reddit.com/gallery/12ygth9
|
Superstonk
|
Microsoft
|
12wymdh
|
Only 6 days left in Q1 '23! BOOK'd some new gear and games to go with my BOOK'd DRS shares. This is the way.
| null | 1,682,300,919
|
2023-04-24 01:48:39
|
look4light
| 654
| 12
| 0.96
|
:pwrup: Bought at GameStop :pwrup:
|
/r/Superstonk/comments/12wymdh/only_6_days_left_in_q1_23_bookd_some_new_gear_and/
|
Superstonk
|
Microsoft
|
|
12wiwm2
|
Shop before Q1 ends!
|
One week left!
| 1,682,270,564
|
2023-04-23 17:22:44
|
Master_Procedure_634
| 776
| 9
| 0.98
|
:pwrup: Bought at GameStop :pwrup:
|
/r/Superstonk/comments/12wiwm2/shop_before_q1_ends/
|
Superstonk
|
Microsoft
|
|
12tlxel
|
Gamestop FTW on Elite controllers.
|
Recently picked up a series X and wanted to try out what some refer to as the best console controller ever. But in Canadaland these things retail for $160 new +tax (too rich for my blood microsoft).
I noticed Gamestop had them available for $89 which I was excited for but sadly my store was out of stock. Not to worry they said! They graciously ordered me one from another store and a couple days later it arrived. To my surprise I even saved another $10 bucks for having an Edge card!
The controller literally looks brand new and functions A+! Couldn't be a happier customer!
| 1,682,040,243
|
2023-04-21 01:24:03
|
CanadianTeslaGuy
| 424
| 8
| 0.96
|
:pwrup: Bought at GameStop :pwrup:
|
/r/Superstonk/comments/12tlxel/gamestop_ftw_on_elite_controllers/
|
Superstonk
|
Microsoft
|
|
12s0i9o
|
Running List of Brokers & Investment Co. Involved in 2nd Multi-Broker Retail Buy Freeze | February 2, 2021 | The Axos Clearing Buy Freeze | [ Help Improve It ] [ Post-1st Multi-Broker, Multi-Clearing Firm Buy Freeze on January 28, 2021 w/ Robinhood, Apex, IBKR, E*Trade (And the "glitchers") ]
|
Some Context:
[Febuary 2, 2021 |||| Officially confirmed by the US House Committee on Financial Services as a complete buy](https://old.reddit.com/r/Superstonk/comments/12ofmh0/how_did_we_miss_this_there_were_actually_two_buy/)
On this date, Robinhood was on day 3 of capping buying on GME whereas [**Axos Clearing**](https://i.imgur.com/10du6mA.png) had started the 2nd buy freeze affecting many brokers and any attached to DriveWealth. Moreover, a DTCC rule change had taken effect on February 1, 2021 to the clearing fund deposit requirement formula.
[Confirmed Proof. FEB 1, 2021 | DTCC officially changed the clearing fund deposit requirement calculation the day before the 2nd GME buy freeze by Axos Clearing on FEB 2, 2021 (CashApp, DriveWealth, Sharsies, Stake, Hatch, FreeTrade...) - CREDIT user leemur\_go\_hiss-hiss who spent hours finding this](https://pdfhost.io/v/tWFJJzCFo_Microsoft_Word_Important_Notice_NSCC_Segmentation_Date_Update)
​
[There was also a trade halt on top of the Axos Buy Freeze](https://archive.is/TDSKJ)
**Drivewealth** is the common buy freeze denominator clearing through **Axos Clearing**. In the Bamboo blog, they indicate DriveWealth's Clearing Fund Deposit was 250% greater. ([Point72 owned 15% in Drivewealth](https://www.bloomberg.com/news/articles/2021-08-20/point72-backed-drivewealth-raises-capital-at-2-85-billion-value))
Also, what the fuck are these companies? They aren't Introductory Brokers Because That's DriveWealth unless they are and the line goes. Introductory Broker - Real Broker - Clearing Firm (which is bullshit)
Blog Posts:
* [**FreeTrade**'s || Official Blog Post Placing GME in "Sell Only" on February 2nd 2021](https://archive.is/OCAq5)
* [**Revolut**'s || Official Blog Post Placing GME in "Sell Only" on February 2nd 2021](https://archive.is/m1GYr)
* [**Bamboo**'s Official Blog Post Placing GME in "Sell Only" on February 2nd 2021](https://archive.is/JUmJE)
* [**Hatch**'s Official Blog Post Placing GME in "Sell Only" on February 2nd 2021](https://archive.is/XLerS)
* [**Square's CashApp Deleted** There Official Blog Post Placing \[Popcorn\] in "Sell Only" on February 2nd 2021](https://archive.is/IdpJL)
* ​
* smart move on their part, don't know where they got the funding because Axos was their clearing firm.
* [**Stake Deleted**](https://i.imgur.com/EuOm9KQ.png) There Official Blog Post Placing GME in "Sell Only" on February 2nd 2021 - no one archived it but it comes up in the google prompt and still linked on their twitter below
​
Articles:
* [https://archive.is/YNr1g](https://archive.is/YNr1g)
* [https://archive.is/moZlq](https://archive.is/moZlq)
Twitter February 2, 2021:
* [**FreeTrade** Twitter ](https://twitter.com/freetrade/status/1356566554901626885)
* [Square's **CashApp** (Popcorn)](https://twitter.com/CashApp/status/1356621841545261062).
* [**RevolutApp**](https://mobile.twitter.com/boring_vampy/status/1356612577124626433)
* [**Sharsies** Twitter February 2, 2021](https://twitter.com/sharesiesnz/status/1356491052807458816)[facebook](https://m.facebook.com/335055470198095/posts/1304914289878870/)
* [**Stake** Twitter February 2, 2021](https://twitter.com/hellostake/status/1356475290462023680)[another](https://twitter.com/hellostake/status/1356475291787386880), [another](https://twitter.com/WhereCanIBuyGME/status/1356536806561341443)
* [**Bamboo Invest** Twitter February 2, 2021](https://twitter.com/investbamboo/status/1356575859461791746)
* [**Hatch** Twitter February 2, 2021](https://twitter.com/HatchInvest/status/1356523370750251009)
General Twitter:
* [https://archive.is/VWqAr](https://archive.is/VWqAr)
​
​
| 1,681,920,549
|
2023-04-19 16:09:09
|
ringingbells
| 190
| 6
| 0.97
|
:Bar_Chart: Data
|
/r/Superstonk/comments/12s0i9o/running_list_of_brokers_investment_co_involved_in/
|
https://www.reddit.com/r/Superstonk/comments/12s0i9o/running_list_of_brokers_investment_co_involved_in/
|
Superstonk
|
Microsoft
|
12lw9py
|
What if? GameStop's top 10 competitors also had a float of 304M?
|
If Amazon had a float of 304M shares, their share price would be 3,500$, which seems like a nice price to settle on post MOASS.
​
According to bstrategyhub, GameStop's top 10 competitors are :
* [1. Best Buy](https://bstrategyhub.com/gamestop-competitors-alternatives/#1_Best_Buy) $BBY 73$
* [2. Amazon](https://bstrategyhub.com/gamestop-competitors-alternatives/#2_Amazon) $AMZN 149.5$
* [3. Walmart Inc.](https://bstrategyhub.com/gamestop-competitors-alternatives/#3_Walmart_Inc) $ WMT 149.5$
* [4. Sony Corporation](https://bstrategyhub.com/gamestop-competitors-alternatives/#4_Sony_Corporation) $SONY 90.5$
* [5. Microsoft](https://bstrategyhub.com/gamestop-competitors-alternatives/#5_Microsoft) $MSFT 290$
* [6. Target Corporation](https://bstrategyhub.com/gamestop-competitors-alternatives/#6_Target_Corporation) $TGT 163$
* [7. Nintendo](https://bstrategyhub.com/gamestop-competitors-alternatives/#7_Nintendo) $NTDOY 10.2$
* [8. eBay](https://bstrategyhub.com/gamestop-competitors-alternatives/#8_eBay) $EBAY 43.5$
* [9. Valve](https://bstrategyhub.com/gamestop-competitors-alternatives/#9_Valve) Private
* [10. Epic Games](https://bstrategyhub.com/gamestop-competitors-alternatives/#10_Epic_Games) Private
​
[Top 10 GameStop Competitors & Alternatives | Business Strategy Hub (bstrategyhub.com)](https://bstrategyhub.com/gamestop-competitors-alternatives/)
​
However, with each company having different sized floats, comparisons of price of stock can be inaccurate
​
* [1. Best Buy](https://bstrategyhub.com/gamestop-competitors-alternatives/#1_Best_Buy) $BBY Float 218M, corrected price for float of 304M - 51.96$
* [2. Amazon](https://bstrategyhub.com/gamestop-competitors-alternatives/#2_Amazon) $AMZN 149.5$ Float 10.25B, corrected price for float of 304M - 3,501$
* [3. Walmart Inc.](https://bstrategyhub.com/gamestop-competitors-alternatives/#3_Walmart_Inc) $ WMT 149.5$ Float 2.7B, corrected price for float of 304M - 1,345$
* [4. Sony Corporation](https://bstrategyhub.com/gamestop-competitors-alternatives/#4_Sony_Corporation) $SONY 90.5$ Float 1.23B, corrected price for float of 304M - 371$
* [5. Microsoft](https://bstrategyhub.com/gamestop-competitors-alternatives/#5_Microsoft) $MSFT 290$ Float 7.44B, corrected price for float of 304M - 7,192$
* [6. Target Corporation](https://bstrategyhub.com/gamestop-competitors-alternatives/#6_Target_Corporation) $TGT 163$ Float 0.46B, corrected price for float of 304M - 244$
* [7. Nintendo](https://bstrategyhub.com/gamestop-competitors-alternatives/#7_Nintendo) $NTDOY 10.2$ Float 4.66B, corrected price for float of 304M - 158$
* [8. eBay](https://bstrategyhub.com/gamestop-competitors-alternatives/#8_eBay) $EBAY 43.5$ Float 0.536B, corrected price for float of 304M - 69$
So pick your competitor to see your price target to settle on post MOASS.
​
* [1. Best Buy](https://bstrategyhub.com/gamestop-competitors-alternatives/#1_Best_Buy) $BBY float of 304M - 51.96$
* [2. Amazon](https://bstrategyhub.com/gamestop-competitors-alternatives/#2_Amazon) $AMZN 149.5$ float of 304M - 3,501$
* [3. Walmart Inc.](https://bstrategyhub.com/gamestop-competitors-alternatives/#3_Walmart_Inc) $ WMT 149.5$ float of 304M - 1,345$
* [4. Sony Corporation](https://bstrategyhub.com/gamestop-competitors-alternatives/#4_Sony_Corporation) $SONY 90.5$ float of 304M - 371$
* [5. Microsoft](https://bstrategyhub.com/gamestop-competitors-alternatives/#5_Microsoft) $MSFT 290$ float of 304M - 7,192$
* [6. Target Corporation](https://bstrategyhub.com/gamestop-competitors-alternatives/#6_Target_Corporation) $TGT 163$ float of 304M - 244$
* [7. Nintendo](https://bstrategyhub.com/gamestop-competitors-alternatives/#7_Nintendo) $NTDOY 10.2$ float of 304M - 158$
* [8. eBay](https://bstrategyhub.com/gamestop-competitors-alternatives/#8_eBay) $EBAY 43.5$ float of 304M - 69$
| 1,681,476,759
|
2023-04-14 12:52:39
|
PapaBigMac
| 35
| 12
| 0.68
|
👽 Shitpost
|
/r/Superstonk/comments/12lw9py/what_if_gamestops_top_10_competitors_also_had_a/
|
https://www.reddit.com/r/Superstonk/comments/12lw9py/what_if_gamestops_top_10_competitors_also_had_a/
|
Superstonk
|
Microsoft
|
12irgyh
|
PSA for Wallet owners
|
Hi Stonkers and lurkers,
Please stop clicking on shiny things .
​
Trustwave SpiderLabs uncovered a new strain of malware that it dubbed Rilide, which targets Chromium-based browsers such as Google Chrome, Microsoft Edge, Brave, and Opera.
Rilide malware is disguised as a legitimate Google Drive extension and enables threat actors to carry out a broad spectrum of malicious activities, including monitoring browsing history, taking screenshots, and injecting malicious scripts to withdraw funds from various cryptocurrency exchanges.
Rilide is not the first malware SpiderLabs has observed using malicious browser extensions. Where this malware differs is it has the effective and rarely used ability to utilize forged dialogs to deceive users into revealing their two-factor authentication (2FA) and then withdraw cryptocurrencies in the background. During our investigation into Rilide’s origins, we uncovered similar browser extensions being advertised for sale. Additionally, we found that part of its source code was recently leaked on an underground forum due to a payment dispute.
| 1,681,235,192
|
2023-04-11 17:46:32
|
chato35
| 135
| 19
| 0.96
|
💡 Education
|
/r/Superstonk/comments/12irgyh/psa_for_wallet_owners/
|
https://www.reddit.com/r/Superstonk/comments/12irgyh/psa_for_wallet_owners/
|
Superstonk
|
Microsoft
|
12c3l5q
|
An open letter to Gamestop from their most loyal investors. Please add creative things Gamestop can do to maintain profitability. I'll start.
|
Increase inventory on high frequency items. I go to Gamestop first for all my computing and gaming needs. There are many items that you carry that are marked not available. I am forced to give other retailers business that I'd rather give to my favorite company. You also limit monitor purchases to 1 when any reputable setup has 2 monitors. Monitors, keyboards, mice, headsets, webcams, microphones, and controllers should be a no-brainer.
Possible companies to partner with that sell quality parts:
Asus
MSI
Gigabyte
Steelseries
Logitech
Lenovo
Microsoft
Sony
I am excited to hear what other suggestions households have for our favorite company. Please refrain from anything that is not directly business related to their current scope. NFT Marketplace is included however let's leave the stonk out of the discussion (dividend, crypto securities). As always, stay stonky everyone! <3 shoutout [REDACTED]
| 1,680,657,424
|
2023-04-05 01:17:04
|
sect0r_9
| 228
| 108
| 0.82
|
🤔 Speculation / Opinion
|
/r/Superstonk/comments/12c3l5q/an_open_letter_to_gamestop_from_their_most_loyal/
|
https://www.reddit.com/r/Superstonk/comments/12c3l5q/an_open_letter_to_gamestop_from_their_most_loyal/
|
Superstonk
|
Microsoft
|
129o356
|
Oh we doing receipt porn now? Bet. Order from Feb!
| null | 1,680,448,368
|
2023-04-02 15:12:48
|
Radrach23
| 778
| 10
| 0.96
|
:pwrup: Bought at GameStop :pwrup:
|
/r/Superstonk/comments/129o356/oh_we_doing_receipt_porn_now_bet_order_from_feb/
|
Superstonk
|
Microsoft
|
|
128ogdx
|
Comparison of GME insider trading with other popular stocks (Update)
| null | 1,680,360,278
|
2023-04-01 14:44:38
|
knutolee
| 5,431
| 180
| 0.99
|
💡 Education
|
/r/Superstonk/comments/128ogdx/comparison_of_gme_insider_trading_with_other/
|
Superstonk
|
Microsoft
|
|
1270gpz
|
Gift Cards on GameStop - non Gaming ones
|
I went through and found cards that are not game related. There are not enough. GameStop needs to add a LOT more. Some for every restaurant (Subway, Blimpy, Applebee's, Long Horn, Wendy's, etc), store (Lowes, Home depot, Sears, Toys-R-Us, etc) and Visa Cards. Us Apes will buy and give.
Anyway, here is the current list. Enjoy.
Instacart
https://www.gamestop.com/gift-cards/gaming-gift-cards/products/instacart-100-gift-card/236093.html
Uber
https://www.gamestop.com/gift-cards/gaming-gift-cards/products/uber-50/137147.html
Uber Eats
https://www.gamestop.com/gift-cards/gaming-gift-cards/products/uber-eats-100/215877.html
Hulu
https://www.gamestop.com/gift-cards/gaming-gift-cards/products/hulu-25-ecard/146527.html
Netflix
https://www.gamestop.com/gift-cards/gaming-gift-cards/products/netflix-100/146539.html
Sling
https://www.gamestop.com/gift-cards/gaming-gift-cards/products/sling-tv-50/146526.html
Crunchyroll
https://www.gamestop.com/gift-cards/products/crunchyroll-on-vrv-50/145585.html
Showtime Streaming
https://www.gamestop.com/gift-cards/gaming-gift-cards/products/showtime-50/168450.html
Microsoft Groove Music Pass
https://www.gamestop.com/gift-cards/digital-subscriptions/products/microsoft-groove-music-pass-12-month-subscription/620007.html
Domino's
https://www.gamestop.com/gift-cards/gaming-gift-cards/products/dominos-20-gift-card/106917.html
| 1,680,213,172
|
2023-03-30 21:52:52
|
bahits
| 126
| 8
| 0.94
|
:pwrup: Bought at GameStop :pwrup:
|
/r/Superstonk/comments/1270gpz/gift_cards_on_gamestop_non_gaming_ones/
|
https://www.reddit.com/r/Superstonk/comments/1270gpz/gift_cards_on_gamestop_non_gaming_ones/
|
Superstonk
|
Microsoft
|
126wlce
|
83 more for a better future!
| null | 1,680,204,068
|
2023-03-30 19:21:08
|
Thorough_Good_Man
| 1,803
| 6
| 0.98
|
💻 Computershare
|
/r/Superstonk/comments/126wlce/83_more_for_a_better_future/
|
Superstonk
|
Microsoft
|
|
126sgep
|
How Easy & Inexpensive Is It To Buy Votes
|
I’ve talked before about [Vote Buying & Put-Call Parity](https://www.reddit.com/r/Superstonk/comments/w8wzyk/financial_engineering_implications/). I wanted to show a few examples with pictures to illustrate how inexpensive it can be to buy 100 votes
I am going to show pictures of each ticker with me going long 100 shares, short a call, and long a put. The call and put will be for the same strike and the same expiration. At the very end will be a summary table of upfront costs, losses/gains, and then some additional comments.
Please note:
* This assumes no early exercise, which is a risk to this.
* This assumes what is displayed on the ticket can be filled. Technically, it will not fill as optimally, but the gist of this is the key.
* This is all based on data from thinkorswim pulled around 11:30am on 3/30/2023.
# Examples
​
https://preview.redd.it/ntso4aqumwqa1.png?width=706&format=png&auto=webp&s=e5e3602f33865ad3616b8ea74fd21c2ea114cc36
https://preview.redd.it/nhfz4bywmwqa1.png?width=725&format=png&auto=webp&s=abbd86b917c10849d9e4da87694ace590dba7d4e
https://preview.redd.it/k8q9nkvxmwqa1.png?width=712&format=png&auto=webp&s=6798cf3df5e09e7a17c44bdfc439fbee73cfa913
https://preview.redd.it/l1f0pghymwqa1.png?width=723&format=png&auto=webp&s=cefacb4af82606e4483d10ba769611e4c50ff3ca
https://preview.redd.it/8o11ri3zmwqa1.png?width=697&format=png&auto=webp&s=4b6c87c1a5a9d8759ea2e84647b09626d987acaf
​
# Summary Table
​
||Upfront Costs|Gain / Loss|
|:-|:-|:-|
|GME|$2,389|\-$88|
|Robinhood|$1,087|\+$13|
|AMC|$638|\-$138|
|Apple|$16,806|\+$194|
|Microsoft|$27,360|\+$141|
​
# TLDR Summary
* GME: for $2.4k, you can buy 100 votes and you’ll lose is $88
* Robinhood: for $1.1k, you can buy 100 votes and you’ll gain $13
* AMC: for $0.7k, you can buy 100 votes and you’ll lose $138
* Apple: for $16.8k, you can buy 100 votes and you’ll gain $194
* Microsoft: for $27.4k, you can buy 100 votes and you’ll gain $141
For 5 different tickers, this shows how you can shed some or all of your economic risk and have full voting rights. This is empty voting!
| 1,680,194,723
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2023-03-30 16:45:23
|
jackofspades123
| 144
| 26
| 0.92
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📚 Due Diligence
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/r/Superstonk/comments/126sgep/how_easy_inexpensive_is_it_to_buy_votes/
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https://www.reddit.com/r/Superstonk/comments/126sgep/how_easy_inexpensive_is_it_to_buy_votes/
|
Superstonk
|
Microsoft
|
1263rsc
|
Calling All Ape in the US of A! The Senate Bill 686 Restrict Act/"Anti-Tiktok" bill is coming for YOU!
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# On March 07, the bill to end all bill was introduced.
​
https://i.redd.it/zqk517eadrqa1.gif
This thing is Evil.
Among other things The Senate Bill 686 Restrict Act:
* (starting with **Section 3**)Gives the *Secretary of Commerce* the ability to call anything on the internet(hardware or software) a "Undue risk" of \[broad spectrum of poorly defined "Crimes"\](essentially whatever the secretary wants) and slap up to **20 years prison** and a **1 million dollar fine** for anyone using it. I must remind our folks that the secretary of commerce is an unelected position that is picked by the president and set for life unless impeached.
* (**Section 4**) (subsection a) "The Secretary shall **identify and refer to the President any covered holding** that the Secretary determines, in consultation with the relevant executive department and agency heads, **poses an undue or unacceptable risk to the national security of the United States or the security and safety of United States persons**...."
* (Subsection c.1) " ...**with respect to any covered holding referred to the President under subsection (a)**, if the President **determines that the covered holding poses an undue or unacceptable risk** to the national security of the United States or the security and **safety of United States persons**, the President may take such action as the President considers appropriate to **compel divestment of, or otherwise mitigate the risk** associated with, such covered holding to the full extent the 8 covered holding is subject to the jurisdiction of the United States... ".
* Do I even need to spell out why this is Bad? This isn't even restricted to "foreign investment", just and "Covered holdings"(see Section 2, subsection 3.B for definiton. it basically means "However the secretary of commerce defines it").
* (**Section 8** Sub-section d) Allows **Lobbyists and special interest groups** to be added to any committees the secretary appoints that determine what websites to ban. Let that sink in. For a hyperbolic example: Apple and Microsoft could hire a shit ton of lobbyists to be added to the committee determining whether Linux should be removed.
* (**Section 11**.a.2.2.F) **BANS VPNS**. Any action that could be construed as " action with intent to evade the provisions of this Act". This is so vague that even that it essentially bans all cybersecurity encryptions including VPNs, Onion Routing, Fucking SSL, and even having a Password because any of those can be spun as trying to avoid investigation under the bill.
* (**Section 12** sub-section b) Removes any action the secretary and associated committees have taken under this bill from being subject to the **Freedom of Information Act**. This means the secretary of commerce and his cronies can make any government document immune to FOIA by declaring it part of an "ongoing investigation".
* (**Section 15** sub-section d) for those that don't know **ex parte** means "used for one party to ask the Court for an order without providing the other party(ies) the usual amount of notice or opportunity to write an opposition.". This, under the right circumstances, gives the prosecutor the right to submit information on a case without allowing the defendant time to make a defense. It also might imply the right to deny judicial review, but I'm probably wrong there(I hope).
All that and more.
# Don't believe me?
https://preview.redd.it/mje17746erqa1.jpg?width=1400&format=pjpg&auto=webp&s=2a06b582fa0974a8de20c4bda3f541c1dc87ceef
Here's the bill for public viewing: [https://www.congress.gov/bill/118th-congress/senate-bill/686/text](https://www.congress.gov/bill/118th-congress/senate-bill/686/text)
or here for no reason: [https://docs.reclaimthenet.org/BILLS-118s686is.pdf](https://docs.reclaimthenet.org/BILLS-118s686is.pdf)
Or if you're lazy, here's the leader of the Right to repair movement tearing it a new one: [https://www.youtube.com/watch?v=xudlYSLFls8](https://www.youtube.com/watch?v=xudlYSLFls8)
​
https://i.redd.it/w2todcwgdrqa1.gif
This thing needs to die. Unfortunately, it's supported by All Political Parties in Office and is currently Backed by the White House.
Every American ape needs to Call/Text/Email/Snail-Mail/Sext/Telegraph their senators and representative...
Otherwise who do you think the **Secretary of Commerce** is going to be looking at post MOASS?
**Find them here:** [https://www.congress.gov/members/find-your-member](https://www.congress.gov/members/find-your-member)
**And text them this way:** [https://resist.bot/](https://resist.bot/) I.E.>Text RESIST to **50409**. Answer the questions the bot texts you, and in about two minutes it’ll send your letter via text to your elected officials, like your members of Congress or state legislators.
**Also Letter Format for APEs to sound sophisticated(old):** [https://pastebin.com/SyJ6JQym](https://pastebin.com/SyJ6JQym)
**Format changes from some of our fellow apes:**
[https://www.reddit.com/r/Superstonk/comments/1263rsc/comment/jec315n/?context=3](https://www.reddit.com/r/Superstonk/comments/1263rsc/comment/jec315n/?context=3)
[https://www.reddit.com/r/Superstonk/comments/1263rsc/comment/jeazlxo/?context=3](https://www.reddit.com/r/Superstonk/comments/1263rsc/comment/jeazlxo/?context=3)
Edit: Added section 4, because I'm a smoothbrain and didn't think to add the part that was most relevant to the sub.
| 1,680,130,938
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2023-03-29 23:02:18
|
Prometheory
| 6,791
| 507
| 0.96
|
📰 News
|
/r/Superstonk/comments/1263rsc/calling_all_ape_in_the_us_of_a_the_senate_bill/
|
https://www.reddit.com/r/Superstonk/comments/1263rsc/calling_all_ape_in_the_us_of_a_the_senate_bill/
|
Superstonk
|
Microsoft
|
125pa7o
|
The Great Recession 2: Recession Harder.
|
Jan '21 ape here. I've seen a lot of apes in comments lately asking for a better primer, especially if it's boomer friendly. I shared a draft of this a few weeks ago. I've incorporated feedback and updated for some of the events of March 2023.
**There are very few original thoughts in here.** I'm a writer, not a market analyst. I submit this to all of you for review. Tell me where I've gone wrong and help me fill in gaps *as necessary*. My goal is to eliminate clutter, get rid of hero worship, explain the jargon that I can't cut out, reduce this to necessary info only, and frame the language in a way that places blame for the impending catastrophe squarely upon the people who caused it.
I need your help because I'm smoother than a baby's bottom. Here we go:
**GameStop: That game store in all the malls?**
Yes, that's the same company. But now they've expanded what they sell, tightened operations to increase efficiency, moved into [developing web 3.0 technology](https://forkast.news/headlines/gamestop-launch-nft-marketplace-web3-gaming/), partnered with companies like [Microsoft](https://news.microsoft.com/2020/10/08/gamestop-announces-multiyear-strategic-partnership-with-microsoft/) and [Immutable X](https://news.gamestop.com/news-releases/news-release-details/gamestop-forms-partnership-immutable-x), and filled their [upper management team](https://news.gamestop.com/corporate-governance) with talent from proven e-commerce giants like Amazon and Chewy. In 2019, the company was valued at $400,000,000. Today (3/28/23), it is valued at $7,050,000,000.
During that time, Apple almost doubled its value. Microsoft increased by 158%. Walmart gained 12% and Amazon gained 5.6%.
GameStop grew by 1763%.
There are two sides to this: the long position and the upcoming short squeeze.
**What is a long position?**
Traditional investing is buying shares in a company you believe in, and holding onto those shares while the business grows. Over time - usually years later - you can sell your shares for more money than you paid. That's often called a "long position." If you buy 10 shares when the stock price is $50, you've spent $500. If the price goes to $60, you can sell your shares for $600 and make a tidy $100 profit. If the stock price drops to $40, you can sell your shares for $400 and lose $100. The risk in taking a long position is that the stock price can drop to $0, and you lose all of your $500.
But what if you expect the company to do poorly?
You can take a "short position." When you short a stock, you borrow shares, and sell those shares to other people. Later, when you have to return the borrowed shares, you buy them from the market and repay your loan. It's important to distinguish that you're not borrowing money; you're borrowing shares. If you borrow 10 shares and sell them when the stock price is $50, you make $500. When your loan needs to be repaid, you hope that the stock price is $40. You buy the 10 shares back at $40, return the borrowed shares, and you get to keep the $100 difference. It's very much a case of "I'll gladly pay you Tuesday for a cheeseburger today," except nobody knows for sure how much cheeseburgers will cost next Tuesday.
What if the price goes up?
You borrowed 10 shares, so you must return 10 shares. Even if you shorted at $50 and the stock price is now $60, you still have to buy the same number of shares. You spend $600, and you've lost $100 on the trade. The risk in taking a short position is that the stock price may go up by $10, by $25, by $100, or more. If you shorted 10 shares at $50 but the price doubles and goes to $100, you have to spend $1000 to return those 10 shares. You pay twice as much as you got from the sale.
In 2019, a lot of firms were aggressively shorting GameStop. Remember - from 2019 to 2023 GameStop grew by 1763%. In our example, someone could have borrowed shares at $50, and to fulfill their loan they would have to buy shares at $881.50 each. But financial firms didn't borrow 10 shares.
*They borrowed hundreds of millions of shares.*
With supply and demand, the first shares they buy back will be at that current rate of 1763%. As they buy shares, demand increases. They will cause the price to go up even more. The more shares they buy, the higher the price goes. That's called a "short squeeze." (The supply is also being reduced, but more on that later.)
**Is that why the price shot up in January of 2021?**
Not exactly. It was the root of the problem, but [according to the Securities and Exchange Commission](https://www.sec.gov/page/sec-staff-release-gamestop-report) (SEC), "it was the positive sentiment, not the buying-to-cover, that caused the weeks-long price appreciation of GameStop stock." Positive sentiment means that people were investing in long positions, and that is what drove the price up. In other words, it was not firms buying shares to repay their loans.
A [margin call](https://www.forbes.com/advisor/investing/what-is-margin-call/) is a demand for additional money to cover potential losses. According to the same SEC report, during those days in January, 36 firms received margin calls totalling tens of billions of dollars.
Not everyone survived.
Gabriel Plotkin, of Melvin Capital, eventually announced that [he would be closing his firm](https://www.reuters.com/markets/us/hedge-fund-melvin-capital-tells-investors-it-plans-shut-down-letter-2022-05-18/) after losing billions of dollars. Thomas Peterffy - chairman of Interactive Brokers, which has over $115 billion in assets - said "[What I would like to point out here](https://www.bloomberg.com/news/videos/2021-02-18/peterffy-markets-came-close-to-breaking-amid-gamestop-turmoil-video) is that we have come dangerously close to the collapse of the entire system, and the public seems to be completely unaware of that, including Congress and the regulators."
You read that correctly. The firms that shorted GameStop came dangerously close to collapsing the entire stock market.
The [SEC report](https://www.sec.gov/page/sec-staff-release-gamestop-report) concluded, "The extreme volatility in meme stocks in January 2021 tested the capacity and resiliency of our securities markets in a way that few could have anticipated."
**Why did I say "the upcoming short squeeze" at the beginning? Is there more?**
The spike was halted prematurely when Robinhood and many other brokers [removed the ability of users to buy stock](https://www.forbes.com/sites/dereksaul/2022/08/11/class-action-suit-moves-forward-against-robinhood-over-halting-meme-stock-trading/?sh=6dcb47f964b3). They actually disabled the buy button, only allowing users to sell, which allowed the price to be driven down. A US federal judge said [Robinhood must face claims of market manipulation](https://www.reuters.com/markets/us/robinhood-must-face-us-market-manipulation-claims-over-meme-stock-rally-judge-2022-08-11/). I believe there will be a short squeeze that is much, much larger than that blip in January of 2021. At that time, approximately [140% of all GameStop shares had been borrowed and sold short](https://en.m.wikipedia.org/wiki/GameStop_short_squeeze). The short parties would have needed to purchase every single share of GameStop that exists 1.4 times each. Typically, 20% short [is considered very high](https://www.investopedia.com/ask/answers/05/shortexceed50.asp). Here's where things go from ridiculous to almost unbelievable.
That number of 140% is self-reported, and is very close to the legal maximum. In one lawsuit against the trading app Robinhood, it was alleged that the real short number was actually 226.42%. People familiar with the matter speculate that it was significantly higher than that. Since these firms can report their own numbers, and since the reports filed are rather vague, it's impossible to know for sure. One firm reported in their [2021 financials](https://www.citadelbanking.com/about-citadel/annual-reports) that it had sold $65,000,000,000 worth of securities that it had not yet purchased - and that's just the number they listed as a fair value.
What we do know for sure is that the [SEC wrote](https://www.sec.gov/page/sec-staff-release-gamestop-report) that it was, "positive sentiment, not the buying-to-cover" that caused that massive price spike in 2021. We also know that some firms are [able to short the stock without first borrowing shares](https://www.investopedia.com/articles/optioninvestor/09/naked-short-selling.asp), and they're also allowed to "[fail to deliver](https://www.investopedia.com/terms/f/failuretodeliver.asp)" (FTD) the shares they sold. In June of 2022, 16 out of 21 trading days had over 100,000 FTDs for GameStop. There were several days with 500,000 FTDs each day. When a share isn't delivered, the firm has up to 35 days to close the trade. But there are exceptions to that, too.
After [The Great Recession](https://www.federalreservehistory.org/essays/great-recession-and-its-aftermath) of 2008, the [Dodd-Frank Act](https://en.m.wikipedia.org/wiki/Dodd%E2%80%93Frank_Wall_Street_Reform_and_Consumer_Protection_Act) was passed to help prevent risky trades. In 2018, [dozens of banks were exempted](https://www.cnn.com/2023/03/14/politics/facts-on-trump-2018-banking-deregulation/index.html). That brings us to The Great Recession, Part Two. This sequel may be much, much larger than 2008 was.
**The Great Recession 2: Recession Harder**
Three big things kicked off The Great Recession. One of them was naked shorts. Another was good old-fashioned lying. The third was [Mortgage-Backed Securities](https://www.investopedia.com/terms/m/mbs.asp) (MBS).
In summary, MBS is when a bank bundles a bunch of home loans together and gambles on whether people will make their mortgage payments. Since one bank writes the loans and another one buys the loans from them, the bank writing loans doesn't care if they're safe. And since the firms buying the loans often repackage them and sell them again, they don't really care either. Yet another firm would insure the MBS. Since it was expected that everyone would continue to make their house payments, the whole thing was treated like printing money with no downside. As we all know, there were major repurcussions and the entire world entered a financial crisis.
Similar to MBS for homes, you could speculate on Auto Asset-Backed Securities for car loans, Credit Card Asset-Backed Securities for credit card debt, Student Loan Asset-Backed Securities for student loans, and more.
Since the pandemic began, debt for US auto loans [is up 41%](https://www.weforum.org/agenda/2023/03/charted-the-auto-loan-crisis-of-america/). Credit card debt is at an [all-time high](https://www.cnbc.com/2023/03/09/as-credit-card-debt-hits-new-high-households-near-a-breaking-point.html). Student loan payments have been suspended for three years but are [expected to begin this summer](https://www.cnbc.com/2023/02/21/when-will-student-loan-payments-restart-what-borrowers-need-to-know.html). Commercial Mortgage-Backed Assets have [recently seen a warning of default risk](https://financialpost.com/real-estate/property-post/work-from-home-mortgage-securities-default-risk-moodys). We have all kinds of growing debt bundled together and traded between firms.
Firms are also [rehypothecating](https://www.investopedia.com/terms/r/rehypothecation.asp) their debts, which means that they're using money that they're owed as collateral for new loans. Essentially, I owe you $100,000. You go to the bank and use that debt to take out a new $100,000 loan. Now if I default on my payments to you, you will default on your payment to the bank. With rehypothecation, we can have my cousin who owes my parents, who owe me, and I owe you, you owe your friend from work, he owes his neighbor, she owes her cousin, her cousin owes his landlord, who owes the bank. We've created $800,000 in debt by using only $100,000. If anybody misses a payment, everybody ahead of them on the chain will also miss payments. In reality, these firms are passing around [trillions of dollars](https://www.sciencedirect.com/science/article/pii/S1042957322000456).
The scary part: After two and a half years without a bank failure in the US, [two of the three biggest to ever fail](https://en.m.wikipedia.org/wiki/List_of_largest_bank_failures_in_the_United_States) collapsed during the beginning of this year. Credit Suisse, [one of thirty financial institutions](https://www.axios.com/2023/03/15/why-we-should-care-about-credit-suisses-problems) deemed to be globally systemically important, [needed to be taken over](https://www.ft.com/content/52729d2c-8204-4bff-90e4-0e7a2a3af4d8) by another big bank. Credit Suisse had $1.7 trillion in assets under management prior to falling.
**How does all of this tie into GameStop?**
All these firms are reusing the same money over and over again. If anybody misses a payment, the other links in their chains are in trouble. Remember that several of these firms are shorting shares throughout the stock market.
I'm going to quickly gloss over some technical workings. [Exchanges](https://en.m.wikipedia.org/wiki/Stock_exchange), like the New York Stock Exchange, are where these shares are bought and sold. When you purchase a share through a broker, your account is credited with a share. That broker [still holds the share](https://www.investopedia.com/ask/answers/185.asp), and the [Depository Trust & Clearing Corporation](https://www.dtcc.com/about) still owns it. This way, your brokerage can use your share in loans to other firms. With a little extra effort, you can withdraw your share from this system, and they will no longer be able to control or loan your shares. That's called the Direct Registration System (DRS).
GameStop has issued 304.58 million shares. By June of 2022, 12.7 million shares had been withdrawn via DRS. By March of 2023, [GameStop's report stated](https://news.gamestop.com/static-files/f4494fbe-9752-4056-a3c7-451f0cf9a668) 76 million shares had been withdrawn.
Now remember all these firms are playing hot potato with debt, and many firms have shorted GameStop - the company whose value has increased by 1763%. In addition to the extreme demand for those shares, the supply is being rapidly reduced through DRS.
2008 was nothing compared to what's ahead.
"What I would like to point out here is that we have come dangerously close to the collapse of the entire system, and the public seems to be completely unaware of that, including Congress and the regulators."
| 1,680,099,157
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2023-03-29 14:12:37
|
maybesingleguy
| 188
| 10
| 0.97
|
🗣 Discussion / Question
|
/r/Superstonk/comments/125pa7o/the_great_recession_2_recession_harder/
|
https://www.reddit.com/r/Superstonk/comments/125pa7o/the_great_recession_2_recession_harder/
|
Superstonk
|
Microsoft
|
123z14d
|
What's better than a profitable quarter? Two consecutive profitable quarters.
| null | 1,679,948,368
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2023-03-27 20:19:28
|
chiatar
| 1,922
| 19
| 0.98
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🧾 Buy & HODL 💎🙌
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/r/Superstonk/comments/123z14d/whats_better_than_a_profitable_quarter_two/
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Superstonk
|
Microsoft
|
|
1228dnj
|
more hardware sales on the horizon
| null | 1,679,797,953
|
2023-03-26 02:32:33
|
tinfoil_enthusiast
| 161
| 8
| 0.95
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🤔 Speculation / Opinion
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/r/Superstonk/comments/1228dnj/more_hardware_sales_on_the_horizon/
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Superstonk
|
Microsoft
|
|
1204otk
|
$40 each with pro membership. Delivered next day for free. Ready for some 4 player GoldenEye 007.
| null | 1,679,621,213
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2023-03-24 01:26:53
|
Bobatea
| 280
| 10
| 1
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☁ Hype/ Fluff
|
/r/Superstonk/comments/1204otk/40_each_with_pro_membership_delivered_next_day/
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Superstonk
|
Microsoft
|
|
11z8aqe
|
🏴☠️ No quarter! 🏴☠️
| null | 1,679,544,567
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2023-03-23 04:09:27
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OneTrip7662
| 141
| 3
| 0.97
|
☁ Hype/ Fluff
|
/r/Superstonk/comments/11z8aqe/no_quarter/
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Superstonk
|
Microsoft
|
|
11yb7yo
|
"The game you couldn't put down, the story you couldn't make up. " - Tetris - I need serious wrinkles on this!
|
So this is my first long-form post. It won't be prefect, but you all are perfect so that's all that matters. I need your help to add to my thoughts from a rabbit hole that I've fallen down! I promise it is worth the read. Put on your tinfoil with me and let's just explore some thoughts.
I think that Apple, Nintendo and GameStop are up to something.
Let me explain.
At 9 am EST today, we all saw the post made by GameStop on Twitter:
​
[GameStop post on Twitter. 2023-03-21 - 9AM -EST](https://preview.redd.it/pg7fvbjhb8pa1.png?width=609&format=png&auto=webp&v=enabled&s=11f15ef556c758128fd333b774f40a8c9624791a)
Nice! But I didn't think much of it except for a nice throwback to an old classic every gamer and even non-gamer can feel nostalgic towards. Maybe they were excited for their Financial report at 5 PM that day?
That was many hours ago but in the last hour or so I started getting hit with ad's on YouTube, facebook, and Reddit.
When I saw the ads, I had flashbacks to that Tetris tweet that GameStop made at 9AM. Why, you may ask? Well, apparently there is a new movie coming out to a streaming service on March 31st. Here's the movie poster:
​
[An Apple Original Film by Taron Egerton: Tetris](https://preview.redd.it/rgxbljegg8pa1.png?width=429&format=png&auto=webp&v=enabled&s=a10012abead23ccc406b7847082c084fa510b8be)
Well. Wait, So Apple is starting to advertise their new Tetris movie on the same day GameStop has their most successful financial report and earnings call in over two years, and they post a Tetris Tweet from their company account?
Well as a great Chairman once said:
[The apple doesn't fall far from the tree - Tweet by Ryan Cohen 2022-March-02 -9:51 PM](https://preview.redd.it/6dsgf6s9h8pa1.png?width=551&format=png&auto=webp&v=enabled&s=e84414788ab50c512d665b3deaa7f25eb725d2ee)
Okay, I get it, I get it. This could all be a chonencindence, but...what if it's not?
Aftercall, Apple stock DID suspiciously spike according to google at 5PM, the exact time GME started their earnings call:
[Apple stock chart price spikes 159.24 to 167.00 in 5 minutes while GameStop has Earnings calls](https://preview.redd.it/7e33d2szh8pa1.png?width=738&format=png&auto=webp&v=enabled&s=94ad0aaf0831e0e1dde91396d3aefc2ee0b1b929)
It's quite the anomaly. Consider that at 5:00PM EST when GME had their earnings call, apple spiked from 159.24 to 167.00 for only 5 minutes. That's an increase of roughly 4.873%. Their market cap is $2.53 trillion right now. AKA $2,530 billion. A 4.873% increase in five minutes is equal to about $123 billion.
Why did this happen? Was it just because Gamestop was exploding in value during this time so all stocks had this uptick? Well, no actually. Another $Trillion+ company had no such anomaly at 5:00 PM EST, in fact it \*Decreased\* in value slightly:
[Google stock chart at 5:00PM EST ...decreased slightly?](https://preview.redd.it/ologjx23l8pa1.png?width=715&format=png&auto=webp&v=enabled&s=e5e26f1d0cbc48690f5a72873b58ad9cceeb7735)
Well that's all fun but I still don't get it. So I look up the trailer for the Tetris movie. Well first off, (SPOILERS)! I will be showing screengrabs from the trailer with their captions included. Every photo from here on out will be from their trailer found on YouTube.
The trailer goes on to show how Tetris was invented. It was this one man's obsession to connect "poetry, art and math" into a game. He see's it in his dreams and "It's the perfect game". :
[\\"It's the perfect game\\" - Tetris trailer](https://preview.redd.it/8l3qdsgio8pa1.png?width=1840&format=png&auto=webp&v=enabled&s=5cc875dcbff733412a2c3d7f5b92b7ccc66a17c7)
Throughout the storytelling in the trailer, his character really reminds me of a passionate person who brings his dreams to reality.
I'm sure we all feel that GME is our pride and joy of investments, maybe because you think this is a once in a lifetime opportunity?:
[\\"This is a once in a lifetime opportunity\\" - Tetris trailer](https://preview.redd.it/omhqxoaxm8pa1.png?width=1836&format=png&auto=webp&v=enabled&s=cd698593c5353fdc9bc7a55e02c7e4c77a618d8a)
Let's start with: I think weren't wrong, we were early. In fact, I like to think we are Pioneers:
[\\"We're pioneers\\" caption - Tetris trailer. HODL](https://preview.redd.it/jaxfydbom8pa1.png?width=1830&format=png&auto=webp&v=enabled&s=2c1612e4ac8d89eeed07f7a03c58fbc255c7d50e)
What would you do if you were a pioneer, make sacrifices for the greater good of your friends, family, community? Would you bet everything you could safely afford to to win, like an investment you strongly believe in?
[\\"Have to bet the house to win.\\" - Tetris trailer](https://preview.redd.it/q7txm3jtn8pa1.png?width=1830&format=png&auto=webp&v=enabled&s=6c10b5537abf36487d8cf57f8c75f0633693947f)
Well, I for one can relate. I am pretty invested in this stock whole saga, with my favourite stock.
Well anyway, next, we are given this slogan:
[The Game](https://preview.redd.it/mpqx6gkml8pa1.png?width=1578&format=png&auto=webp&v=enabled&s=eb466f0b6ebf38c3ae96683d300a0680f4408afd)
[You Couldn't put down](https://preview.redd.it/ptj2e1lol8pa1.png?width=1457&format=png&auto=webp&v=enabled&s=2c4b25ca63850eb49d47bff639c06ebbe210b394)
[The story](https://preview.redd.it/k1fqvdcpl8pa1.png?width=1466&format=png&auto=webp&v=enabled&s=c4339e594e9d06504512eb511f5e9c077ba065fd)
[You couldn't make up](https://preview.redd.it/7i445c8sl8pa1.png?width=1450&format=png&auto=webp&v=enabled&s=4698843ee017a10816c3421b0f1e4f56ac0707e0)
​
Altogether this reads: "The game you couldn't put down, the story you couldn't make up." Intensity builds up because a lot of this story takes place in ..wait, 'The Soviet Union is about to implode"? Like, Russia? Well they sound like a peaceful country and there is no way this story is related to anything now...at least that we know of yet.
and then:
[\\"Oh, come on you guys are the kings of cliffhangers.\\"](https://preview.redd.it/cu5zd9jnp8pa1.png?width=1838&format=png&auto=webp&v=enabled&s=57dee8923b910f1aa5eda3a5588fb2683297fd7d)
Oh, come on you guys are the kings of cliffhangers? Well..maybe not, because the next scene in the trailer is awfully quiet, and the sound that the coin makes when Mario rams his head into the coin to collect it chimes in:
​
[Oh...it's a dude playing Tetris.](https://preview.redd.it/c8wpjlk0q8pa1.png?width=1830&format=png&auto=webp&v=enabled&s=37b53953e95538b836a439ead793edc0420dd54c)
Well here's a guy playing Tetris, one of the first people ever. Who is he? We are hanging on the cliff at this point as we near the end of the trailer.
[\\"Not too bad\\" - ?](https://preview.redd.it/lhde1hx9q8pa1.png?width=1817&format=png&auto=webp&v=enabled&s=655ca602afdf3813a5eb0a1d0aa0c9ce889c74bf)
Wait...he looks familiar.
[Hiroshi Yamauchi](https://preview.redd.it/rtos9ludq8pa1.png?width=277&format=png&auto=webp&v=enabled&s=b4d57b98a0fd5413a15aee966a2b28556fa20f74)
This man is clearly meant to be Hiroshi Yamauchi. He was the president of Nintendo from 1949 to 2022 and sadly passed away in September, 2013. Why is this related to the movie, Tetris? Well Tetris was distributed from the late 1980's to the 1990's by Nintendo while releasing the Game Boy handled device. Lead by Hiroshi Yamauchi. He has a seriously impressive resume and the whole story with Russia, Microsoft, Tetris and Nintendo is quite an interesting read! I'd explain more about it but this is my first time reading on it and I don't want to misinterpret some of the events that went on....but it's worth a read-through, I promise! I'm sure there is very important info in that story.
Oh, did I mention right before they show Hiroshi Yamauchi, the song "Final Countdown starts playing? Well...it does:
[\\"It's the final countdown\\" - March 31](https://preview.redd.it/4tpfwxe8s8pa1.png?width=1848&format=png&auto=webp&v=enabled&s=d49539505e5b1a538197d9833cf5259d1e7f0c69)
Well, it's not a Tuesday, but I guess the Final countdown is March 31st. A Friday.
​
Okay, my tits are jacked to the moon. I swear something is brewing between GameStop, Apple, Nintendo..or there is a forecasted implosion of some sort on March 31.
I'd love to hear your thoughts on this! There is just so much possibility with this. Maybe it's nothing, maybe it is. Drop your comments and lets chat about it.
​
\*Not financial advice, and everything in here is my interpretation of a story only, not reality. \*
| 1,679,471,282
|
2023-03-22 07:48:02
|
MaxTheRealSlayer
| 113
| 23
| 0.91
|
🤔 Speculation / Opinion
|
/r/Superstonk/comments/11yb7yo/the_game_you_couldnt_put_down_the_story_you/
|
https://www.reddit.com/r/Superstonk/comments/11yb7yo/the_game_you_couldnt_put_down_the_story_you/
|
Superstonk
|
Microsoft
|
11xq9kb
|
What an amazing idea....oh wait!
| null | 1,679,424,442
|
2023-03-21 18:47:22
|
Connect_Law_5685
| 75
| 9
| 0.89
|
👽 Shitpost
|
/r/Superstonk/comments/11xq9kb/what_an_amazing_ideaoh_wait/
|
Superstonk
|
Microsoft
|
|
11vvkb9
|
Who's the meme stock now, motherfuckers?!
| null | 1,679,255,352
|
2023-03-19 19:49:12
|
multiple_iterations
| 491
| 10
| 0.98
|
🧾 Buy & HODL 💎🙌
|
/r/Superstonk/comments/11vvkb9/whos_the_meme_stock_now_motherfuckers/
|
Superstonk
|
Microsoft
|
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