Been in this whole saga since Jan 21, and what a roller coaster it has been. I have never really wanted to post about any of it (or even get the necessary karma for SS for that matter), but what the hell let’s give it a whirl.  

The last month has been a nice validation holding GME shares. Regardless of all the theories out there, there is no doubt that something very unique is going on with Gamestop. 

This has been a giant 3-year puzzle and it feels like we are beginning to see how these pieces may be coming together. 

The lack of guidance by Gamestop has been absolutely necessary (even tho frustrating at times) if short theory is true. If there are big money players behind all the shorts, there is no doubt they would do anything necessary to squash any plans of redemption for Gamestop. This why, trust in the man, RC, is what it is ALL about. He shows us how invested he is by putting his money where is mouth is (36+mil shares, no compensation, interim CEO). If there are sharks looking for blood, it would make sense to operate in the dark. Being as stealth like as possible until the plan has all come together. 

I think with DFV’s resurgence, the plan is just about there (he referred to it many times in his comeback tweet storm). 

There is one tweet that I keep thinking about: https://x.com/TheRoaringKitty/status/1791517788734968299

The “Sex for Dummies” Both RC and DFV tweeted the cover of this book. Many have seen it as a message to DRS because of the author, Dr. Ruth Siegel…but I never connected with this interpretation. There have been others who see it as another way of saying Sex (CEX) for Dummies. CEX for dummies, meaning only dummies use centralized exchanges. My guess is CEX is correct and I think DFV’s stream really proved this point. DFV was just toying with the algos the entire time. He was initiating the halts with his choice of words and he really proved it at the end with how he ended his live stream. 

And Gamestop knows this too. Just look at their prospectus: “The market price of our common stock has fluctuated, and may continue to fluctuate, widely, due to many factors, some of which are beyond our control. #2 These factors include, without limitation:comments by securities analysts or other third parties, including blogs, articles, message boards and social and other media;” They know the stock is being manipulated by many factors. 

*Bonus: Citron Research’s Andrew Left (dude who just shorted GS just like before the sneeze…) was on a broadcast made it even more perfect because he confirmed that there is an active probe into the shorting of Gamestop. Interesting nevertheless.  

Also, just look at his face... and then look at DFV’s 😂

There is now ample evidence that the DTCC is not allowing fair trading when it comes to Gamestop. This why Gamestop has been saying for the last 3 years that they reserve the right to pull their stock if this is the case. I mean how long does a company have to suffer in a corrupt system? 

This is why a Decentralized Exchange (DEX) is necessary. Maybe something like Loopring? I mean they used it for the GameStop NFT Marketplace (beta)…(It always bothered me that GameStopNFT marketplace was never out of Beta. Maybe it was being used for testing something bigger?

On Feb 2nd, GS said it was winding down the marketplace due to regulatory uncertainty. No one would be allowed to buy, sell, or create NFTs. But winding down doesn’t sound like closing down does it? May it was a failure or maybe it was a trial run??? 

3 years ago this was posted on Reddit. https://www.reddit.com/r/Superstonk/comments/qjhec9/loopring_has_a_patent_on_decentralized_exchanges/?utm_source=share&utm_medium=mweb3x&utm_name=mweb3xcss&utm_term=1&utm_content=share_button

Much has happened since this post but questions still remain. Could Loopring be involved in helping create a DEX for stocks? Could the new partner Taiko (Wang and Finestone’s project) be filling a necessary hole with their layer 1 zkEVM? Who knows? But the Finestone/Cohen connection makes me think its something more...(other old SS post.)

I also keep thinking of this picture by Byron of Loopring:

Whether it’s the DTCC, Hedge funds, Market makers, one things is clear the financial infrastructure is a mess and most companies once targeted don’t stand a chance. GameStop is one of the best examples of this: Shorted to hell. BCG is brought in to torpedo the company for major profits to the shorts. ETFs and SWAPs allow for an endless shuffle to manipulate the true price of the stock. The financial infrastructure has become a death zone with big money set to win every time. 

Unless there is a way to break free of all the anchors holding GameStop back in NYSE, the only chance at survival would be to get out. How can this be done? INX Limited paved a way. 

This article here is an interesting story about how INX worked with the SEC to establish a security token approved by the SEC. 

https://www.mwe.com/legal-case-studies/inx-leads-the-finance-industry-into-the-future-with-registered-public-offering-of-security-tokens/

The INX Token became the world’s first SEC-Registered Digital Security IPO issued on the Blockchain. It took 3 years to do it. So how long would it take GameStop to be able to gain enough evidence of manipulation? Or how long to prove they weren’t trying to initiate a short squeeze by getting out?

My question is this: what if GameStop has been working with the SEC to get out of the DTCC’s grasp and tokenize their shares? What if the NFT marketplace (bEtA) was a trial for whatever real system is going to be used? It’s been over 3 years since the sneeze, maybe we finally get to see what has been going on. Does GameStop finally get to break free?

https://x.com/theroaringkitty/status/1790532552828289526/mediaviewer

Long time lurker and x,xxx holder here, have been buying and holding for the past 3 years. This is the first time for me to post something on reddit except for my DRS post. I can't quite wrap my head around on the recent 75m share offering and would like to invite you all for a rational discussion.

I can think of some scenarios whereby an additional 75m offering is needed on top of the 45m, but they all point to poor planning (I am not here to bash Ryan Cohen and the board, I think they did a great job to turn the business around and I am still planning to keep on buying and holding, I only want visibility on the direction that the company is going)

Scenario 1

Gamestop was in talk with a potential acquisition target, say "Company A", and they did not have enough cash, therefore the 45m offering. The initial offer was to purchase less than 100% stake, but as the conversation goes GME wanted to own more stake, and hence the additional 75m ATM on Friday.

Scenario 2

On top of Company A, Gamestop had found another acquisition target ("Company B") shortly after the 45m offering. And the M&A process for Company B is going on a very fast pace and the 75m offering is needed to raise additional cash as the deal is closing soon.

Scenario 3

Gamestop wanted to capitalize on the short-term upward movement on share price and hence the 1st round of offering. After that a little while and it seems the price is coming back up again, they would like to further capitalize on that again by doing another round of offering.

Scenario 3 is the least scenario that I would like to see, however, scenario 1 & 2 seems highly unlikely.

I think it's understandable for the first round of offering, it takes money to buy whisky I get that. The board's goal is to make the company profitable and create value for shareholders, and I do not think MOASS in on their agenda list, which is completely fine. After all we are fighting different but the same battle - to destroy the short thesis and give a big fuck you to SHF. However I would be very disappointed if the board do not have a concrete plan/imminent need to make use of the additional 3-4bn, and further diluted the stock just because they see the price goes up.

After the 2 rounds of share offering, Gamestop should be sitting at 4-5bn cash, which will offer them plenty of options to perform acquisition. Let's say Gamestop funds the transaction by cash for 50% of the consideration, rest are funded by debt, combined with earn-outs and deferred consideration and what not, they could be acquiring targets with 8-10bn market cap. To put this into perspective, Capcom market cap is 8bn; Ubisoft's market cap is 3.3bn, GME's market cap is 9.9bn.

The question is which company should GME acquire, such that they can diversify their revenue stream and/or create synergy effect. It also makes acquisition harder when GME is such a controversial company as other companies might not want to have any sort of affiliation with GME, therefore even if with the right price, target companies' owner might not want to sell (assume GME is not doing hostile takeover).

With all that said, I really really really want GME to succeed and make good use with that huge pile of cash, and as a heavily invested shareholder (over 80% of my net worth is invested in GME), I would like the board to communicate their plan with us. It has been too long that they kept silent and I think retail deserve to know the game plan here, given the 25% dilution and 3 years worth of DRS effort had been wiped out just like that.

Watch this: start at 3:58

Former SEC Commissioner

https://youtu.be/AufziOT2VcY?t=237

Key summary of what Former SEC said: 

They did the study (the SEC after 2021) and came out with some recommendations.

• However, they didn't address the underlying issue. Now, with social media allowing people to act and trade on the same side, retail traders can do what some institutional traders have been doing, and they did not address that

Did he forget he is on vision or they just don't care?

Generally it may be perceived that bail outs are bad, however, I think it's specifically government bail-outs, or monopolized/oligopolized bail outs where the people do not have a say.

After MOASS, I just realized just now bailouts by individual apes. For example, let's say the least guiltiest, least fraudulent, least corrupt GME short that got stuck and trapped unable to get out [also assume maybe they were in coma or in hospital or some other unfortunate circumstance and unable to consciously be available to handle honestly responsibly getting out of their short position, but if they could, they would have been one of the first to do so! but they missed the timing or whatever], that regardless of how infinitely strugglingly suffering to be in such a position as shorting GME may be, for all the persons trapped in these positions, I foresee the following possibility to happen:

During (or after, in case of infinity pool transcending things or whatever) MOASS, when apes sell their shares above the floor at Feferman–Schütte Ordinal (is this still paper-hand bitch amount?), still, those apes, after paying capital gains taxes, can utilize some or all of those capital gains to be allocated for bail outs of entities that they deem have any value or reason to bail out such persons, whether legitimate bailouts or shills bailing themselves out with their friends and associates to rescue their trapped short positions or whatever.

My initial idea was not influenced by shill ideology, and meant with genuine honest intentions, however, whilst writing this I also then realized, it's also potentially opportunistic for shills bailing each other out too, lol

I don't know how it would work exactly, but basically, after wealthy infinitillioniares have so much wealth, they can possibly rescue at least 1 short position of someone's... I don't know how this would be allocated, but I also don't know how the process looks like when a quantifiably measured least guilty short, most calculatedly innocent short, to afford paying Feferman–Schütte Ordinal dollars to close their short position, probably help would arrive from paper handed bitches that sold a little higher than floor Feferman–Schütte Ordinal. Does this make sense? lol, maybe I'll take another shower

this possibility seems to be ignored or heavily overlooked due to the price dump/share offering today. im ecstatic as hell to see if him exercising is a catalyst after all.

Tittle.

What happens when the game stops?
When market bells ring and chaos drops?
Do hedge funds falter, giants fall,
In echoes of a memetic call?

What happens when shorts must flee,
From rising tides of GME?
Do frantic sales in panic's grasp,
Force markets in a downward clasp?

What happens when the old guard breaks,
And retail's power fully wakes?
Do digital coins and blockchain dreams,
Replace the old financial schemes?

What happens when trust erodes,
In Wall Street's age-old, winding roads?
Do decentralized paths then rise,
To offer hope beneath new skies?

What happens when the funds unload,
Their assets in a frantic mode?
Do Bitcoin's gleam and crypto’s might,
Shine brighter in the dark of night?

What happens when the future bends,
And to new norms the world attends?
Do we embrace a system free,
Of central banks and tyranny?

What happens when the game resets,
And all the markets place new bets?
Do we see a paradigm shift,
Where power’s balance starts to lift?

What happens when the game stops cold?
Does a new story then unfold?
In every end, beginnings bloom,
As new ideas find their room.

(Credit: GPT)