u/Sharkbait_lol, u/grungromp, u/pinkcatsonacid, u/bye_triangle, u/redchessqueen99, u/Captain-Fan
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🎤🎸🥁 🦍Welcome to the Jungle🦍🥁🎸🎤
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Today's Recap 📉
$GME Closing Price: $222.50
Open Price: $226.36
Daily High: $229.25
Daily Low: $208.00
Volume: 7.2 MM
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🖍🍎🚌GME 101🚌🍎🖍
If you're new to Superstonk, start here!
Superstonk FAQ (Updates coming soon)
NEW!! We will be having a "Smooth Brain Sunday Megathread" every Sunday as a place to ask all the questions you've been wanting to get answered! Please be advised that all answers provided are from individual users and, as always, any information you receive requires doing your own due diligence!!
The apes of r/Superstonk sincerely appreciate the time and effort put into getting this information out there. 🦍🤝💪
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We Like the Company! We Support the Company!
Obviously you're a shareholder because you love Gamestop and have high hopes for its future. Supporting the company you love on the retail front is a great way for a shareholder to ensure a business' success! Here are several ways you can show your public support for Gamestop;
- Shop at Gamestop.com 🛒
- Become a PowerUp Rewards Member ✊
- ... Which gets you a subscription to Game Informer Magazine 🚀
- Follow Gamestop on Twitter 🦍
- Subscribe to Gamestop's YouTube Channel 🖍
- Follow Gamestop on Twitch 🎮
- Follow Gamestop on Instagram 🌙
- Follow Gamestop on Facebook 🦧
- Apple Devices- Download the Gamestop App (Link to App Store) 🍌
- Android Devices- Download the Gamestop App (Link to Play Shop) 📈
- Brands owned by Gamestop; ThinkGeek, GameInformer, MicroMania, and EB Games 💎
Please remember apes, as you are interacting with Gamestop Social Media, that their objective is to reach gamers and promote their brand to their demographic. Yes it's fun when they tweet MOASS and Chickie Tendies, but let's not flood them with comments about Ken, Naked Short Selling, and Mayonnaise. Let's show them support by joining, contributing to, and expanding their robust community of gamers!
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DTC-2021-005 IS NOW LIVE
AND IT'S EFFECTIVE IMMEDIATELY
So what is 005?
DTCC-2021-005 Asset Tagging and Share Lending Revisions
Prevents loaned/borrowed shares from being loaned/borrowed more than once.
However, for posterity, please note the verbiage on page 15 of the filing.
Sounds like that might explain those new rehypothecation accounts Goldman suddenly has... But this could also be a sign that 005 isn't everything investors have been thinking it would be.
Update: Seeing lots of wrinkle brains saying #005 could still be tit-jacking, just might be plausible deniability after their lack of enforcement may have destroyed the world economy. Basically clarifying the rules they've been ignoring, and saying "ok we will enforce them now".
⚠ Proceed to hype with caution ⚠
There was also a closed meeting today of the Board of governors of the Federal Reserve System to discuss monetary policy issues.
Followed by a Press conference where Vice President and Treasury Secretary mentions "we must reimagine our economy" AT THE SAME TIME 005 WAS FILED.
L.F.G.🚀🚀🚀🚀🚀
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Community Spotlight- u/zedinstead
Superstonk Lineup
u/zedinstead is an ape with some unreal talent! Not only does he make cool graphics like these...
🍿🎥 HE MADE A MEME MOVIE 🍿🎥
- Opening Credits/Box of Crayola
- Trades that just don't make no sense
- Brick and mortar stores
- GME and Me like peas and carrots
- BUY like the wind blows
- Make me a rocket
- He sure can BUY
- Have you ever read the DD?
- Shill Sergeant
- DIAMOND HANDS
- Didn't quit for 4 months
- MOASS: Day 1
- Twitter Posts
- HODL Pong
- 8-K Filing Speech
- Why are you so good to me? Cause you're my stonk
- Lights are on in that building
- I'm not a smart man, but I know what HODL is
- I just like the stock
- It's the most beautiful DD I've ever seen
Seriously unreal talent in this community!
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Worth Repeating- We Just Like the Stock!!
There has been a lot of conversation (FUD) over the weekend about "Fuck you, pay me" and referring to being involved with trading $GME simply because you want to become rich and purely to trigger MOASS. Or because "we're Occupy Wall St. 2.0!" (NO).
THESE ARE NOT THE PURPOSE, INTENT, OR COLLECTIVE SENTIMENT OF THIS SUBREDDIT.
Superstonk is a community of individual investors that believe Gamestop as a company is an excellent long-term investment that has huge potential in an untapped market with an Avengers-level team of executives that will likely redefine the face of retail in the 21st century. This community was not made to discuss other stocks the way /WSB or /investing do. This sub is a congregation of individuals- in that sense, a collective "we or us"- that supports the vision of the company Gamestop long-term, especially its current chairman, Ryan Cohen. We like the company. We like the stock. That's it.
And a little refresher on the we/us debate- WHEN WE SAY "WE OR US", WE ARE TALKING ABOUT THE SUB'S COLLECTIVE WE/US AS A COMMUNITY. There is nothing wrong with that!
Use of the words We/Us are NOT EVIDENCE OF MARKET MANIPULATION.
Enforcement is the key to a manipulation case. Do we make paper hands actually pay some sort of penance for selling? NO. Do we have an agreed upon floor price that we all must adhere to? Umm..... :gestures broadly at literally everyone debating possible floor price:
Market manipulation is doing something to inflate or deflate the price of a stock. THESE are the ESTABLISHED GROUNDS for charging someone with market manipulation. And do you know how many times that's happened? Like 5 times. And they were all people in the industry.
There's no case for market manipulation in this subreddit, or even in the GME Saga as a whole.
Well, I lied. Hedgies are doing plenty.
So when you see people referring to "we" or "us", they aren't doing anything wrong. This is a community, right? Everyone here isn't just a figment of your imagination right? (RIGHT?!?)
Y'all aren't imaginary, right?
We are a community of individually-minded investors. And no one can stop us from liking and discussing a stock. That's what they want you to think. Saying "we" or "us" when talking about Superstonk is just talking about the membership of this subreddit. There is nothing there that's illegal or negative in and of itself. All "we" do is gather here and discuss the future of a company we all love and have invested in because we believe in the future of the leadership.
What's the difference between our sub and the idea dinners the rich have been attending for decades? The expense report. Do you remember when American Politicians used insider information about the pandemic to profit off of the resulting crash? APES REMEMBER. Don't let FUD stop you from bonding with your fellow ape. Companionship is essential to the human experience. Get in here and love each other. It's Woodstonk 2021 up in here✌💖🌼☮
With that being said, WE HAVE NO LEADER HERE. r/Superstonk has administrative users that moderate the community according to site rules. That's it! When it comes to leaders, mods are just the administrators of the environment. The groundskeepers in this beautiful jungle. This community was built by apes, for apes. With no one user more important than the other. APE= All People Equal ✊ No politics. No religion. No leaders. No divisiveness. Just excellence and the stock we love.
Here's a few notes from u/redchessqueen99's Weekend Update
- Please view the DISCLAIMER associated with the subreddit. You can access it by going to r/Superstonk and (on Desktop) looking at the side bar, and (on Mobile) under the About menu.
- We do not manipulate the market. We do not coordinate anything regarding the stock market. We do not urge people to buy or sell, or do anything with what is their privately owned stock. We do not shame people for their choices as retail investors, in an attempt to get them to hold when they don't want to, or to buy GME when they'd rather buy something else. We let retail investors make their own individual decisions. That's sub policy.
- We do not organize or attempt to push political action, or spark Occupy Wall Street 2.0 or whatever some of you think this is. We are not going to organize letters to the SEC or otherwise enter ourselves into a political arena that we, trust me, do not want to enter. We are a bunch of apes who are bananas for GameStop and that's about it.
- We are here to share information, build a community, and express ourselves regarding GameStop as not just a stock, but also as a company, in way that is not pressuring or purposefully influential, and is based on fundamentals as well as market realities. If you don't want to talk about GameStop, there are plenty of other subs to go to, and, if you talk about GameStop, make sure you follow the rules and guidelines of the sub.
- TL;DR: We like the stock. We love the company. We are apes. That's about it.
🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍🦍
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🚨 Reddit down 🚨
With Reddit having issues during high traffic, exciting moments in this saga, we have discussed what to do if Reddit has an outage.
IF REDDIT GOES DOWN AT A PIVOTAL MOMENT A LARGE PORTION OF THE MOD TEAM IS ON TWITTER.
https://twitter.com/ByeTriangle
https://twitter.com/PinkCatsOnAcid
https://twitter.com/RedChessQueen99
https://twitter.com/u_sharkbaitlol
IF THERE IS SOMETHING BIG GOING ON WHILE THE OUTAGE IS HAPPENING WE MAY ALSO UTILIZE THE "EMERGENCY BROADCAST SYSTEM" TO RELAY INFO:
SuperstonkLive YouTube - Emergency Broadcast System
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OOK OOK
"I may have been early, but I am not wrong"
Subreddit
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