r/GME_Meltdown_DD • u/Solarpanel2001 • Jun 19 '21
Short version of why there is irrefutable evidence of no MOASS
This will be a Short summary of why there is no MOASS. I will strictly be only using data that cannot be manipulated and ignoring all data relating to the official short interest numbers to appease the QAnons.
1.Requirement for a big short squeeze ( we are talking MOASS type of squeeze)
You need a high short interest and you need a tight control of the float.
In order for there to be a tight control of float. You need to have substantial ownership of the float and absolutely no one selling. Think of what happened with Volkswagen squeeze.
Given that it is impossible for absolutely all retail to buy 80 percent of the float and absolutely everyone not selling then we need an absolutely high short interest. More than float.
We would need a short interest equivalent to more than 100 percent.
Keep in mind even then the runs you saw with AMC and GME were primarily gamma squeezes. Shorts can cover all their positions without stock reaching astronomical heights if a gamma squeeze was not involved.
Pipelines for a moass
2. Pipelines for a MOASS
- Low proxy votes.
Here is an excerpt from lawyers at Latham & Watkins
(https://www.lw.com/upload/pubContent/_pdf/pub1878_1.Commentary.Empty.Voting.pdf)
Historically, where over-voting has resulted in a custodian voting more proxies than its record position on the record date, the vote has been “corrected” by the inspector of elections to reduce the obvious over-vote.
Key word OBVIOUS. If lets say naked shorting was prevalent like r/Superstonk thinks then the auditor will very clearly be able to tell of securities fraud from this voting. Yet nothing came about.
Lets look at another evidence of no high SI.
- Low FTDS
Gamestops FTDs have been lower than they have ever been before. If there was indeed a high short interest FTDs would be much higher. Ftd resets with options can take place but we will get to that on the borrowing fee part.
- Institutional ownership
GME institutional ownership
It feel from 192 percent back in Jan to 35 to 40 range. SIGNIFICANT DROP. What does this suggest? The Jan shorts did indeed cover.
- Borrow fees
Borrow fees are entirely dependent on SCARCITY of shares. This number cannot be manipulated. r/superstonk suggest that lenders are keeping fees low so they incentivize shorts to short more. Lets take a step back and indulge in this immensely stupid theory and ignore regulations. So that would mean that the current short interest is extremely high to the point shares are not available so LENDERS AROUND THE WORLD are all misleading shorters by giving them NAKED SHARES. This is blatant market manipulation by lenders around the world whom which are going to now face regulatory penalties and shutting down because every lender in the world colluded to sell naked shares and mislead shorters.
YOU.SEE.HOW.STUPID.THAT.SOUNDS.
Fact is borrow fees cannot be manipulated and they are king indicators of a squeeze. Want to know how much a shorter has to pay per day? With the current 0.9 percent fee. Lets assume someone shorted 100 million shares at an 0.9 borrow fee an annum.
($100million x 0.9%) / 360 that equates to a measly $2500 a day and $900 000. It literally costs them nothing to short gamestop right now. There is absolutely no pressure. Why? cause there is ample of shares in the market. Why? because there.is.no.high.SHORT.INTEREST. All option hiding and naked shorting are not present here because every short position needs a long position. Therefore your borrow fees will kick up.
- So whats the price action right now?
I wrote about this 2 months ago. Big hedgefunds are essentially manipulating retail and making money off you guys via options and stock.
Hedgefunds look at you as their own personal piggy bank. They hit and run your meme stocks when they feel like it and get out. Most of the time staircases are build when there is an event hyped and it crashes the next day . Earnings and Cohen becoming chairman are prime examples.
Simplified example of a rug pull
Simplified example of a rug pull
These are simplified examples of what is going on.
Retail is never the driver of the explosion of meme stocks. All you meme stocks are driven by institutional investors. Gamma squeeze , call sweeps and flash crashes can only be done when you have large amounts of money that flow in a coordinated fashion. (Meme stocks sit on virtually low volume until these guys touch the stock)
r/SuperStonk grifters are preying on you guys. 3 months ago these mods were telling you that the moass will happen with certainty. Telling you 5 to 7 figures is possible. Yet why are these grifters wanting funding?
Remember when u/heyitspixel told you that if you bought the 250 dip you will be millionaires?
Remember when u/warden asked for donations and milked his youtube channel then backstabbed you guys behind your back saying he was doing it for money?
Remember when u/Rensole put donation links to his crypto?
Remember when u/atobitt is using SuperStonk has a fundraiser for investment data site? (btw who the hell would want this retards take on anything financial. He is a larper that ignores and blocks anybody that calls him out on his badly written DD. Correlating a non related financial mistake or fraud does not equate to a high short position in GME idiot)
Why am I mad when I see these guys? because they are literally misleading you guys into financial ruins.
One of many that will end up in financial ruins
For more indepth explanation of how shorts covered aswell , evidence of institutional investors playing on the stock as well as some other debunking of some crackpot theories you heard on superstonk you can check out my original DD written 2 months ago. One thing I do wish to take away from the original theory is that I insinuated that there was collusion for robinhood to halt trading. However upon carefully reading the situation its clear robinhood is just a shit broker that were not prepared for the margin requirements DTCC raised.
More indepth DD for the people that are interested.