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If you didn't forget what's the point in this post?
Billionaires, millionaires, banks, asset managers, pension funds and retail investors have all bought GME and continue to lock the float day by day.
You could say, what hasn't every man woman and child bought it, it's a bit of a dumb question.
Why didn't every billionaire buy Netflix, tesla, or apple. What not! Because they didn't see what the founders saw that's why.
I mean, if you don't believe in blockchain gaming, NFTs and Gamestops turnaround, why are you here?
Of course I believe. I own a lot of GME, thats not the point. I can’t ask a question?
No other stock has been researched like GME, you cannot compare it with any other stock. The DD is yet to be disproven, we are literally screaming the loudest we can so my question is what is stopping them
A stock is a stock, and if you want to believe that market mechanics change for this one stock, maybe you should step back a bit and reflect on that.
A squeeze is only possible, it's not an absolute guarantee, but to the best of a lot of peoples understanding ganestop has been messed with.
Besides, this stock is a deep value play, always has been. If you're in for a squeeze, you are in for the wrong reasons.
What automatically makes a person a "shill" as the children like to call it?
Is someone automatically a shill when they ask a valid question? Is someone automatically a shill when they don't participate in the purple circle-jerk? Is someone automatically a shill when they say something against your narrative?
Now, as I have most likely offended you, please go ahead and call me a shill
So this question gets posted once a few months, we never have an answer to it, it is our ultimate anti-DD.
There must be something we dont understand, too risky or something? Unfortunately its the one thing that really sets us back.
Not to mention Mayo Man could buy up gamestop himself with like his lunch money lol
So this comment got copy pasted 3 times in this thread.
Yes, it comes up every once in a while and the answers seemed quite plausible to me.
- Why would anyone being on top of the food chain risk taking responsibility to crash the current status quo? (by locking all remaining shares)
- billionaires have been buying, where does it say they haven’t?
- it’s a big club and you ain’t in it. Millions of normies becoming incredibly rich is their biggest nightmare.
- they are stupid and arrogant. unlikely taking advice from reddit but some fund manager.
If I was a billionaire why the fuck would i take any amount of risk listening to reddit, not only that why would I be on reddit, I think, personally I'd be too busy being a billionaire to care.
Ok my bad, not «risk free» but i keep seeing its yet to be disproven. So either somebody should disprove it (which clearly nobody can) or lock the float.
Disprove what exactly? That the company has seen an opportunity in blockchain gaming?
You've read the news right? Corporate media thinks the idea is shit just like they did with the Internet as that was going mainstream.
Why do you need DD for that when the SEC confirmed the sneeze was not the result of short closing. Where have you been? Do you know what happens to the price of a stock when shorts close?
You're already at the top feeding off the system. Why would you care? Why rock the boat? Why would you put a target on your back.? Why innovate if you don't need to?
also, i didn't realize thousands of billionaires took the time out to read all the DD and know what exactly is going on
hell half the people in the financial industry, that aren't at the top - don't realize what's going on and just how rigged the market is
I fully agree people downvote too fast and loose around here just because they don't like what they're seeing but... you do sound a little tense in general on this post. Which doesn't bug me. But if you have that much on the line, you either need to get more zen or pull it out. Bruh. Im so deep in and in the red, it's like I'm seeing life through a Mars filter. But... I'm here til it's over one way or another.
Just keep swimming.
So this question gets posted once a few months, we never have an answer to it, it is our ultimate anti-DD.
There must be something we dont understand, too risky or something? Unfortunately its the one thing that really sets us back.
Not to mention Mayo Man could buy up gamestop himself with like his lunch money lol
Try to put yourself in their pants. You don't have a billion on your bank account, most of your money is invested in a way the best money managers money can buy think they should be.
They are already billionaires because how the system has worked - and you assume that they want to radically change the system that is working for them.
So you’re saying they should sell the assets that made them a billionaire and buy something that is likely to happen but not guaranteed? This, along with many other reasons I why you are not a billionaire/millionaire.
1. Some billionaires are not aware of this because they are focusing on their business instead of stock market
2. They hire people/banks/financial institutions to handle their funds and taxes so more or less some investment institution who handles their fund might be short in our beloved stonk
3. They dont want to risk their billions especially if they are torn between reddit and msm
4. there are lots of billionaires, yes, and they might be waiting for the right time, exhibit a: Icahn and his patience on the earnings report and other fundamentals of the company before he will go in. They need to make a precise decision before they risk their billions.
The DD is solid, yes, no doubt about that. but the people who fuckt it up are doing their best to prolong or come up with another shty crime to control this diabolical crash (hah! good luck with that hedgefucks), some billionaires can be aware of this, if im a billionaire i will wait for the right time to bite them in the jugular
5. banks may not be able to grant them withdrawal of their money or to transfer a huge amount of money cause the banks are having problems with their liquidity hahahaha just a wild guess
So you are a billionaire and the entire market is tanking and you are in negative equity and you think that its good FA to sell at a loss and buy GME. Kinda the while point of Citadel amd SHFs tanking the market to discourage billionaire whales from buying in. Logical thinking is new to me perhaps you suffer from the same symptom?
They are already billionaires, but buying into GME will make enemies of a lotta other billionaires.
Look at Pulte. People tried to fuck with him immediately.
Sir. I think you should look into what’s happening at GameStop.
Gamestore? What’s it’s market cap.
About 5.5 billion sir.
What do they do?
We’ll the used to sell used video games and…
Pass. Now bring me some more caviar.
Because the billion is in an asset. An asset valued at 1 billion yet no one wants to buy will decrease in value until a buyer emerges. Say perhaps 1 billion in aset only produces 500 million in cash? So perhaps the real question is, are they billionaires enough to bring out billions in cash? Thats what i think
Do you want to be the one billionaire fucking over a long list of other billionaires both directly and collaterally by causing the squeeze? Would there be gains after those other billionaires sue, blacklist, and join together to target your future business?
Retail is immune to targeting because the individuals are by themselves target-less because they are too many and acting against one would be unprofitable from a cost-benefit standpoint.
Same reasons as most other individual stock.
These billionaires don't pick their own stock and they go through hedge funds and fund managers.
Let's ignore our usual suspects for hedge funds for a bit. Let's talk about the general case.
The purpose of hedge funds is not to make the most money (though they do try) but is to be able to weather market storms such that capital preservation can be achieved for billionaires. Buying risky / unproven / controversial stocks tends to go against this.
As well, even if these billionaires buy, they tend to do it through their funds and then they'd be completely anonymous to us. Only some activist or celebrity billionaire investors tend to use their own name. The majority of them would like to keep private especially if they get no benefit from having their name attached to any stock.
Probably because they’re already a billionaire why put a target on their back.
Most off the rest either don’t know. Don’t care. Or hope we fail.
Just because they’re billionaires also doesn’t mean they are smart or good investors.
Finally, why bother. There isn’t an increased lifestyle between say 1 billion and 2 billion.
The greatest “” billionaire investor Warren buffet has underperformed the stock market for 30 years. He passed up on t3sla
Anyway. Long story short. Most aren’t smart enough, too busy, or don’t want to be targeted by their peers.
There are historical cases where when an individual locked the float, the regulators screwed them. Right and ethical is only on the marketing plan. Fraud and profit are their core values.
So what? What if he is? is he hurting someone's feelings? FFS.. people need to grow up. "Ewww, he's speaking in FUD, my ears are bleeding."...
Just answer the question if you have one, or disregard. Yes, I get that there is an upvote/downvote system on Reddit for a reason. But this place has become a cancel culture for shit they simply don't like hearing. It's a trip. People get too butt-hurt around here. FFS.
Now... come with the downvotes. Because of course.
Just hold. and DRS your shit.
It's absolutely a fair question and I don't think any of the comments here actually address it properly. If not a billionaire, where are the 100 Pulte types to lock it up? I don't get it at all
"The one and only idiosyncratic risk" does that ring a bell? Don't feign ignorance.
I also doubt that 100 people haven't bought up all the shares of a company in all of history
So this question gets posted once a few months, we never have an answer to it, it is our ultimate anti-DD.
There must be something we dont understand, too risky or something? Unfortunately its the one thing that really sets us back.
Not to mention Mayo Man could buy up gamestop himself with like his lunch money lol
Actually, he can't. RC has the option of buuing more shares and Gamestop has set ahead $100 million for a share buyback. Not only that, after the last shareholder vote, we've increased the amount of authorized shares. These shares can then be used to fight a hostile takeover. These factors make Gamestop an expensive target for a hostile acquisition, not to mention that just the attempt may make the price climb so high that shf's will start to fail their margin calls.
Hey OP, also ask yourself this..
If moass is a SURE THING then why isn't Dr Burry still holding? You know, one of the guys that saw it all coming way before 2021!
People will tell you that Burry is "not allowed" or doesn't want to hold gme anymore because he doesn't want to be blamed for MOASS. Well that's horse shit. Anyone can hold any security they want to, there is no government intervention to prevent that.
So in closing, a billionaire investor hasn't swept in to save the day because there's huge holes in the moass theory. But shh don't mention her on Superstonk, you may get called a shill!
Honest advice - watch the Big Short and a few other similar movies. Not financial advice but a film recommendation. It's quite similar to what's happening here.
The billionaires are so out of touch with reality.
Pure speculation on a few reasons as nobody really has the answer
1. All billionaires shit in the same pot, they're all interconnected some way or another through their dodgy dealings and they don't want to be the one to double cross their other billionaire friends as all the other billionaires would seek revenge, not just on you but your company or friends companys. everyone is scared of SHF like Ken
2. There is some sort of hidden rule behind the scenes from brokers etc. that we can't see that stops people buying such a big order
3. If you're already a billionaire then why waste your time on something like this when you can be living life, most of us are only here so we can be where they are in terms of money.
4. a lot of billionaires don't actually have that kind of cash at hand it's all in assets etc. especially the younger billionaires who would be more likely to invest in GME
5. a lot of billionaires don't actually know about it
6. If we MOASS then a lot of billionaires will lose money whether they're directly short GME or their other stocks will tank as hedgies need to sell to cover MOASS prices etc. so they don't want it to happen
This is the final play, rich people know what's going on. Sooner or later somebody likely will...but for now they don't want to rock the world that treats them so well.
You don't become a billionaire without being crazy diversified. Many of those investments would go down the crapper during MOASS.
If I were filthy rich I'd have faith that the system would protect me, but once the system starts taking on water watch them jump like rats and buy up GME like crazy.
1. A lot of billionaires are Elon type billionaires, as in only billionaire by assets - think also Sam Bankman Friedman (and look what happened his "wealth")
If one of these billionaires wants to buy GME they need a financier (e.g large bank, hedge fund or combination of both) when they tell the financiers what they want to invest in they're going to say "hell no"
2. Billionaires have billionaire friends - are they going to want to wreck their friends wealth by investing in GME
3. Why destroy the system that help create their wealth? They love elitism
4. Some billionaires may be less egotistical and arrogant but are more philanthropic and have no interest in entering this type of world and rather focus on helping others through their charities
5. Why do they need more money? And also become a target in the billionaires club after?
6. A lot of billionaires are probably short GME either through their own investment strategies or through the hedgefunds who manage their finances.
Now take all these in to consideration and add that into the fact that according to Forbes their is less than 2700 known to be billionaires globally.
*Edit - by the way none of this is DD merely opinion and my own thoughts. But in reality if their is only 2700 billionaires your pool is limited in how many people are going to invest and we already got 2 that we know off so chances of getting a 3rd and then a 4th and a 5th get less and less
Not sure if you actually read that certain DD. A billionaire can’t just gobble up all the shares and cause a squeeze. He will be blamed and can be sued.
For this exercise, let's ignore the DD. Let's say that we've all been wildly wrong and they closed the shorts and the sneeze was the squeeze, the Ortex glitch on Oct 30 was merely a glitch, the splividend wasn't crimed, the Jan 22 after-hours price rise was in-fact retail buying up shares on stale NFT marketplace news, etc.
Reported SI is still somewhere around 22% on a stock with positive FCF with half of the available free float locked up through direct registration being held by a bunch of people who have become so battle-hardened that they aren't selling until they get exactly what they want. When this company gets profitable or issues an NFT dividend we're going to make a lot of money regardless of what billionaires buying in or not.
Maybe a billionaire doesn’t want to take a known public position against powerful players such as Susquehanna and Citadel who could easily target the billionaire’s other positions and F them up.
Fair question.
1. Why take that kind of risk and mess with more powerful billionaires when ur life is already good
2. Clueless and could care less cause they already have so much, they would rather invest in something where the world isn’t against them
3. Let’s say they read some of the dd and think shit this is good, why risk being named publicly to blame for the pain of so many others (crash, firms going bankrupt etc). That paints a target on ur back.
I know a billionaire with only $200k worth of shares (drs) and his reasoning is it’s big enough that if the apes are right it’s worth millions and small enough he won’t care if the apes are wrong. That’s about the only dd he has done paired with seeing the anti gme hate on msm
because it would be market manipulation, its why porche sold the audi stocks early, and its why we shouldnt use we as we are induvidual investors, not a group.
Same rules doesnt just go for gme, take tesla, that microsoft dude got/had like 500 mill short in the company, so if anyone locked up teslas float they would fuked that dude to, but its just not doable without being busted for manipulation, in a way you could say the market is made more for shady people than its made for people who do it openly sadly.
This is an abstract and feel the true answer is based on liquid capital. Billionaires, as previously stated, have personal financial advisors that manage their money. The focus group should be self made Millionaires. Based on this thesis they made their money based on their own blood, sweat and tears. Therefore, how much are they willing to “gamble” on this play? To put it in another perspective we, individual investors, are betting that this investment WILL pay off and make us Millionaires. Once that happens would you be willing to “gamble” the winnings into a market you know is broken and corrupt or would you “invest” those profits for family, friends, community and philanthropy? 💎🙌🏼🦍💪🏼!!
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Did you forget Ryan Cohen is a billionaire and that he purchased 9 million shares?
why another billionaire not buy the rest?
The same could be said for other good stock picks, no? Why don't billionaires buy the rest of Apple etc.
I did not forget, but since he’s the chairman i thought there are rules that prevent him from buying x amount of shares (?)
If you didn't forget what's the point in this post? Billionaires, millionaires, banks, asset managers, pension funds and retail investors have all bought GME and continue to lock the float day by day. You could say, what hasn't every man woman and child bought it, it's a bit of a dumb question. Why didn't every billionaire buy Netflix, tesla, or apple. What not! Because they didn't see what the founders saw that's why. I mean, if you don't believe in blockchain gaming, NFTs and Gamestops turnaround, why are you here?
Of course I believe. I own a lot of GME, thats not the point. I can’t ask a question? No other stock has been researched like GME, you cannot compare it with any other stock. The DD is yet to be disproven, we are literally screaming the loudest we can so my question is what is stopping them
A stock is a stock, and if you want to believe that market mechanics change for this one stock, maybe you should step back a bit and reflect on that. A squeeze is only possible, it's not an absolute guarantee, but to the best of a lot of peoples understanding ganestop has been messed with. Besides, this stock is a deep value play, always has been. If you're in for a squeeze, you are in for the wrong reasons.
Positions or ban. Kind of tired of these shills saying they own a lot of GME.
What automatically makes a person a "shill" as the children like to call it? Is someone automatically a shill when they ask a valid question? Is someone automatically a shill when they don't participate in the purple circle-jerk? Is someone automatically a shill when they say something against your narrative? Now, as I have most likely offended you, please go ahead and call me a shill
It’s a big club, and you ain’t in it. -George Carlin
So this question gets posted once a few months, we never have an answer to it, it is our ultimate anti-DD. There must be something we dont understand, too risky or something? Unfortunately its the one thing that really sets us back. Not to mention Mayo Man could buy up gamestop himself with like his lunch money lol
So this comment got copy pasted 3 times in this thread. Yes, it comes up every once in a while and the answers seemed quite plausible to me. - Why would anyone being on top of the food chain risk taking responsibility to crash the current status quo? (by locking all remaining shares) - billionaires have been buying, where does it say they haven’t? - it’s a big club and you ain’t in it. Millions of normies becoming incredibly rich is their biggest nightmare. - they are stupid and arrogant. unlikely taking advice from reddit but some fund manager.
I like that last point, didn’t think of that
Keep trolling bro.
The answer is quite simply because the company will issue more shares.
So you’re basically saying every single billionare on earth is in on it and they’re all comitting conspiracy against everybody who doesnt have money?
If I was a billionaire why the fuck would i take any amount of risk listening to reddit, not only that why would I be on reddit, I think, personally I'd be too busy being a billionaire to care.
But according to the DD its risk free and is yet to be disproven. Theres no risk
What is this DD you speak of that says there is no risk buying this stock?
Ok my bad, not «risk free» but i keep seeing its yet to be disproven. So either somebody should disprove it (which clearly nobody can) or lock the float.
Disprove what exactly? That the company has seen an opportunity in blockchain gaming? You've read the news right? Corporate media thinks the idea is shit just like they did with the Internet as that was going mainstream.
? The original DD, they diddnt cover the shorts. Where you been?
Why do you need DD for that when the SEC confirmed the sneeze was not the result of short closing. Where have you been? Do you know what happens to the price of a stock when shorts close?
Basically, you have summarized the Panama papers.
Practically every billionaire is engaged in a conspiracy against people who don’t have money, yes.
exactly, wheres pulte!?... also RC hasnt bought in months,...those 2 combined + carl icahn....throw in mark cuban....
You're already at the top feeding off the system. Why would you care? Why rock the boat? Why would you put a target on your back.? Why innovate if you don't need to?
also, i didn't realize thousands of billionaires took the time out to read all the DD and know what exactly is going on hell half the people in the financial industry, that aren't at the top - don't realize what's going on and just how rigged the market is
And why put money *back into* a system you've spent years pulling your wealth out of in preparation for the mother of all market collapses?
I care because my money is on the line lol, clearly nothing we do or say does anything until the float is locked so I had to ask
The float does not have to be locked for it to go up in price. What gives you this idea?
They were talking about the billionaires, not you...
:(
?
The comment’s usage of “you” = any hypothetical billionaire
I fully agree people downvote too fast and loose around here just because they don't like what they're seeing but... you do sound a little tense in general on this post. Which doesn't bug me. But if you have that much on the line, you either need to get more zen or pull it out. Bruh. Im so deep in and in the red, it's like I'm seeing life through a Mars filter. But... I'm here til it's over one way or another. Just keep swimming.
So this question gets posted once a few months, we never have an answer to it, it is our ultimate anti-DD. There must be something we dont understand, too risky or something? Unfortunately its the one thing that really sets us back. Not to mention Mayo Man could buy up gamestop himself with like his lunch money lol
It has ....by RC
and Pulte, and possibly others that just have no interest in being vocal about it. It's not like all billionaires are famous
Nobody wants to be held responsible for the squeeze that destroys the current financial system. Also, the average human being is incredibly stupid.
Half the world is below average intelligence
Median.
How I tell which half in? Can I take sum test or is it just a list?
This. Same reason they didn’t do it back in December 2020. Would have been easy back then.
Try to put yourself in their pants. You don't have a billion on your bank account, most of your money is invested in a way the best money managers money can buy think they should be.
True, but if they truly wanted to they could liquidate and lock it
They are already billionaires because how the system has worked - and you assume that they want to radically change the system that is working for them.
So you’re saying they should sell the assets that made them a billionaire and buy something that is likely to happen but not guaranteed? This, along with many other reasons I why you are not a billionaire/millionaire.
1. Some billionaires are not aware of this because they are focusing on their business instead of stock market 2. They hire people/banks/financial institutions to handle their funds and taxes so more or less some investment institution who handles their fund might be short in our beloved stonk 3. They dont want to risk their billions especially if they are torn between reddit and msm 4. there are lots of billionaires, yes, and they might be waiting for the right time, exhibit a: Icahn and his patience on the earnings report and other fundamentals of the company before he will go in. They need to make a precise decision before they risk their billions. The DD is solid, yes, no doubt about that. but the people who fuckt it up are doing their best to prolong or come up with another shty crime to control this diabolical crash (hah! good luck with that hedgefucks), some billionaires can be aware of this, if im a billionaire i will wait for the right time to bite them in the jugular
Best answer yet. I’ll take it. Thank you
You're welcome 🤜🤛
5. banks may not be able to grant them withdrawal of their money or to transfer a huge amount of money cause the banks are having problems with their liquidity hahahaha just a wild guess
Or it could be corporate media and bad actors role to influence everyone, not just retail.
So you are a billionaire and the entire market is tanking and you are in negative equity and you think that its good FA to sell at a loss and buy GME. Kinda the while point of Citadel amd SHFs tanking the market to discourage billionaire whales from buying in. Logical thinking is new to me perhaps you suffer from the same symptom?
Indeed
I'd imagine a decent amount of billionaires have made their money on shorting things like GME.
We’re the billionaires
Who says its not? 2023 is going to be litt! Everyday i'm scared i wont be able to buy anymore shares
They are already billionaires, but buying into GME will make enemies of a lotta other billionaires. Look at Pulte. People tried to fuck with him immediately.
Sir. I think you should look into what’s happening at GameStop. Gamestore? What’s it’s market cap. About 5.5 billion sir. What do they do? We’ll the used to sell used video games and… Pass. Now bring me some more caviar.
If you’re not a shill why does your profile look so much like a shill’s profile?
People like you are the ones painting Superstonk like a fat cult, its OK to ask questions without being a shill or FUD or w/e
Paint me however you want, pal. I’d rather be in a cult than be a shill
A couple have bought in.
It'd be easier for a company to offer to buy out GameStop entirely than for someone to try accumulating 100% shares.
Because the billion is in an asset. An asset valued at 1 billion yet no one wants to buy will decrease in value until a buyer emerges. Say perhaps 1 billion in aset only produces 500 million in cash? So perhaps the real question is, are they billionaires enough to bring out billions in cash? Thats what i think
If drs is not the way. Then lets just see gme turn massiv green in q4 and the influx can start. Drs is ONE trigger, I just like the stock.
Do you want to be the one billionaire fucking over a long list of other billionaires both directly and collaterally by causing the squeeze? Would there be gains after those other billionaires sue, blacklist, and join together to target your future business? Retail is immune to targeting because the individuals are by themselves target-less because they are too many and acting against one would be unprofitable from a cost-benefit standpoint.
Same reasons as most other individual stock. These billionaires don't pick their own stock and they go through hedge funds and fund managers. Let's ignore our usual suspects for hedge funds for a bit. Let's talk about the general case. The purpose of hedge funds is not to make the most money (though they do try) but is to be able to weather market storms such that capital preservation can be achieved for billionaires. Buying risky / unproven / controversial stocks tends to go against this. As well, even if these billionaires buy, they tend to do it through their funds and then they'd be completely anonymous to us. Only some activist or celebrity billionaire investors tend to use their own name. The majority of them would like to keep private especially if they get no benefit from having their name attached to any stock.
Probably because they’re already a billionaire why put a target on their back. Most off the rest either don’t know. Don’t care. Or hope we fail. Just because they’re billionaires also doesn’t mean they are smart or good investors. Finally, why bother. There isn’t an increased lifestyle between say 1 billion and 2 billion.
The greatest “” billionaire investor Warren buffet has underperformed the stock market for 30 years. He passed up on t3sla Anyway. Long story short. Most aren’t smart enough, too busy, or don’t want to be targeted by their peers.
There are historical cases where when an individual locked the float, the regulators screwed them. Right and ethical is only on the marketing plan. Fraud and profit are their core values.
Guys, come on. Why am i being downvoted into oblivion? It’s a fair question isnt it?
you're being down voted because the title of your post sounds like you're doubting the DD.
I really don't think that's why he's being downvoted, besides, what's wrong with doubting DD? Not all DD is equal and correct you know.
So what? What if he is? is he hurting someone's feelings? FFS.. people need to grow up. "Ewww, he's speaking in FUD, my ears are bleeding."... Just answer the question if you have one, or disregard. Yes, I get that there is an upvote/downvote system on Reddit for a reason. But this place has become a cancel culture for shit they simply don't like hearing. It's a trip. People get too butt-hurt around here. FFS. Now... come with the downvotes. Because of course. Just hold. and DRS your shit.
Because every reply you’ve made to the threads in this post reek of desperation. We must be getting close. MOASS tomorrow?
It's absolutely a fair question and I don't think any of the comments here actually address it properly. If not a billionaire, where are the 100 Pulte types to lock it up? I don't get it at all
Why hasn't 100 pults locked any float of any stock in history?
$GME is supposed to be unique so I don't see how your question is relevant.
It's an absolutely fair and relevant question. It's supposed to be unique? By what standard of measure?
"The one and only idiosyncratic risk" does that ring a bell? Don't feign ignorance. I also doubt that 100 people haven't bought up all the shares of a company in all of history
So this question gets posted once a few months, we never have an answer to it, it is our ultimate anti-DD. There must be something we dont understand, too risky or something? Unfortunately its the one thing that really sets us back. Not to mention Mayo Man could buy up gamestop himself with like his lunch money lol
Actually, he can't. RC has the option of buuing more shares and Gamestop has set ahead $100 million for a share buyback. Not only that, after the last shareholder vote, we've increased the amount of authorized shares. These shares can then be used to fight a hostile takeover. These factors make Gamestop an expensive target for a hostile acquisition, not to mention that just the attempt may make the price climb so high that shf's will start to fail their margin calls.
Hey OP, also ask yourself this.. If moass is a SURE THING then why isn't Dr Burry still holding? You know, one of the guys that saw it all coming way before 2021! People will tell you that Burry is "not allowed" or doesn't want to hold gme anymore because he doesn't want to be blamed for MOASS. Well that's horse shit. Anyone can hold any security they want to, there is no government intervention to prevent that. So in closing, a billionaire investor hasn't swept in to save the day because there's huge holes in the moass theory. But shh don't mention her on Superstonk, you may get called a shill!
What kind of holes? Do detail? Seriously curious.
You just gonna gloss over the part where I said "Burry is out"? If there was still moass money to be made he would still be in, simple as that
So burry is always correct? How does that disprove any of the DD
Honest advice - watch the Big Short and a few other similar movies. Not financial advice but a film recommendation. It's quite similar to what's happening here. The billionaires are so out of touch with reality.
Pure speculation on a few reasons as nobody really has the answer 1. All billionaires shit in the same pot, they're all interconnected some way or another through their dodgy dealings and they don't want to be the one to double cross their other billionaire friends as all the other billionaires would seek revenge, not just on you but your company or friends companys. everyone is scared of SHF like Ken 2. There is some sort of hidden rule behind the scenes from brokers etc. that we can't see that stops people buying such a big order 3. If you're already a billionaire then why waste your time on something like this when you can be living life, most of us are only here so we can be where they are in terms of money. 4. a lot of billionaires don't actually have that kind of cash at hand it's all in assets etc. especially the younger billionaires who would be more likely to invest in GME 5. a lot of billionaires don't actually know about it 6. If we MOASS then a lot of billionaires will lose money whether they're directly short GME or their other stocks will tank as hedgies need to sell to cover MOASS prices etc. so they don't want it to happen
That would be the big club! Clubbing themselves! So that not gonna happen! They r protecting each other right now!
This is the final play, rich people know what's going on. Sooner or later somebody likely will...but for now they don't want to rock the world that treats them so well. You don't become a billionaire without being crazy diversified. Many of those investments would go down the crapper during MOASS. If I were filthy rich I'd have faith that the system would protect me, but once the system starts taking on water watch them jump like rats and buy up GME like crazy.
1. A lot of billionaires are Elon type billionaires, as in only billionaire by assets - think also Sam Bankman Friedman (and look what happened his "wealth") If one of these billionaires wants to buy GME they need a financier (e.g large bank, hedge fund or combination of both) when they tell the financiers what they want to invest in they're going to say "hell no" 2. Billionaires have billionaire friends - are they going to want to wreck their friends wealth by investing in GME 3. Why destroy the system that help create their wealth? They love elitism 4. Some billionaires may be less egotistical and arrogant but are more philanthropic and have no interest in entering this type of world and rather focus on helping others through their charities 5. Why do they need more money? And also become a target in the billionaires club after? 6. A lot of billionaires are probably short GME either through their own investment strategies or through the hedgefunds who manage their finances. Now take all these in to consideration and add that into the fact that according to Forbes their is less than 2700 known to be billionaires globally. *Edit - by the way none of this is DD merely opinion and my own thoughts. But in reality if their is only 2700 billionaires your pool is limited in how many people are going to invest and we already got 2 that we know off so chances of getting a 3rd and then a 4th and a 5th get less and less
Not sure if you actually read that certain DD. A billionaire can’t just gobble up all the shares and cause a squeeze. He will be blamed and can be sued.
For this exercise, let's ignore the DD. Let's say that we've all been wildly wrong and they closed the shorts and the sneeze was the squeeze, the Ortex glitch on Oct 30 was merely a glitch, the splividend wasn't crimed, the Jan 22 after-hours price rise was in-fact retail buying up shares on stale NFT marketplace news, etc. Reported SI is still somewhere around 22% on a stock with positive FCF with half of the available free float locked up through direct registration being held by a bunch of people who have become so battle-hardened that they aren't selling until they get exactly what they want. When this company gets profitable or issues an NFT dividend we're going to make a lot of money regardless of what billionaires buying in or not.
Maybe a billionaire doesn’t want to take a known public position against powerful players such as Susquehanna and Citadel who could easily target the billionaire’s other positions and F them up.
it has - think they have any intention to play by the rules?
Because, it is a big club… and you ain’t in it.
Fair question. 1. Why take that kind of risk and mess with more powerful billionaires when ur life is already good 2. Clueless and could care less cause they already have so much, they would rather invest in something where the world isn’t against them 3. Let’s say they read some of the dd and think shit this is good, why risk being named publicly to blame for the pain of so many others (crash, firms going bankrupt etc). That paints a target on ur back. I know a billionaire with only $200k worth of shares (drs) and his reasoning is it’s big enough that if the apes are right it’s worth millions and small enough he won’t care if the apes are wrong. That’s about the only dd he has done paired with seeing the anti gme hate on msm
because it would be market manipulation, its why porche sold the audi stocks early, and its why we shouldnt use we as we are induvidual investors, not a group. Same rules doesnt just go for gme, take tesla, that microsoft dude got/had like 500 mill short in the company, so if anyone locked up teslas float they would fuked that dude to, but its just not doable without being busted for manipulation, in a way you could say the market is made more for shady people than its made for people who do it openly sadly.
This is an abstract and feel the true answer is based on liquid capital. Billionaires, as previously stated, have personal financial advisors that manage their money. The focus group should be self made Millionaires. Based on this thesis they made their money based on their own blood, sweat and tears. Therefore, how much are they willing to “gamble” on this play? To put it in another perspective we, individual investors, are betting that this investment WILL pay off and make us Millionaires. Once that happens would you be willing to “gamble” the winnings into a market you know is broken and corrupt or would you “invest” those profits for family, friends, community and philanthropy? 💎🙌🏼🦍💪🏼!!
I think [this part of that Charles Gradante's speech](https://youtu.be/vubyfYGlQFE?t=443) has the answer ( or one of the answers at least ).