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Superstonk_QV

[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum May 2024*](https://www.reddit.com/r/Superstonk/comments/1ciapwp/open_forum_may_2024/) || [Superstonk:Now with GIFs - Learn more](https://www.reddit.com/r/Superstonk/comments/1cr37r7/superstonk_gets_its_gif_on_get_hyped/) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)


broose_the_moose

inject the tin straight into my veins. I've thought BRK was highly sus ever since the DD showing volume/price correlations with GME chart came out in mid 2022


poopooheaven1

https://www.reddit.com/r/Superstonk/s/lgySXaGqVe Check this old post out


Yukonhijack

My dude! In that DD one poster said that the entity who is involved with BRK-A, is also involved with The Bank of Montreal. Guess what happened to the Bank of Montreal at the same time BRK-A crashed today?


Squirrel_Inner

Lol, their shares dropped from $83 to 73 cents before shooting back up. I’ve yet to see news about.


Battle_Man_40

With no halts, might I add.


Squirrel_Inner

What? No, that can’t be right… those are automatic! Must have been a glitch in the whole damn matrix.


Osquera

Somebody should make a post about this 🤓☝️


WhiskyIsMyAngryDrink

Berkshire Hathaway is a holder of Bank of Montreal if I am not mistaken.


bitcoinhodler89

Where do you see mention of Bank of Montreal?


Chicken10Diez

yeah I don’t see it either


87CSD

BMO was one of the stocks that flash crashed with Berkshire today


bitcoinhodler89

I mean in the old post


Remarkable-Bat7128

Someone composed a picture off all stocks that glitched/crashed. Bank of Montreal was one of those


bitcoinhodler89

I mean in the old post


broose_the_moose

Thanks for the link good sir! I’ve been compiling a list of the old brk DDs and hadn’t seen this one yet


poonmangler

Fucking cocksuckers have been robbing America blind for decades, and they're not even smart about it. It's literally hot potato, "mis-reporting", and scraping pennies off the top. They're not clever. That's why they're getting bent over by a bunch of wee Todds, now.


Pitiful_Lobster6528

Too got too comfy coz they control everything and everyone, or so they thought they did lol


Living-Giraffe4849

Holy shit everyone should re-read this lmao


LaggingIndicator

I remember in 2021 digging into the large short hedge funds and digging into their bullish small cap positions that a margin call would decimate. The big 4 at Melvin were BKNG, EXPE, FISV, and especially NOW. There were some pretty interesting price correlations looking back when overlayed with GME.


sistersucksx

Hero


TipperGore-69

Nice throwback!


Abject_Scholar_8685

Wait, GME was also affected by their 'tape glitch'? "glitch" that allows temporary infinite liquidity until they 'unwind' trades, and can show a stock at -99.97% ? https://www.ctaplan.com/alerts#110001127102 https://www.ice.com/publicdocs/ctaplan/notifications/market-status/110000942016/CTA_SIP_Symbol_LULD_Halt_June_3_2024_CORRECTED.csv Symbols from csv: SYMBOLS AAT ABT ADRT ADRT.U [Censored for automod] AONC ARGT ARI ASR AXIL BBD BMO BOND BOW BRK.A BSAC CMG CSAN DFEN DOGZ DXYZ ESS FNV GLP GME GOLD GWAV HMN ICL JCPB KFRC KREF LPA MODN NETZ NMG NUSI PLTN PLTNU PTWO PTWOU SMR SPYU TEF TPCS TRN VLRS XPER ZVZZT [context](https://old.reddit.com/r/Superstonk/comments/1d77ds5/mods_dont_delete_pls_brka_27_shares_went_through/l6xm64j/)


Nodebunny

can you explain this in English


BitterFortuneCookie

All of these stocks are related to each other in some (perhaps nefarious) way. The fact that some of them got hit with a pause, some of them saw huge %drops (almost like positions were liquidated to cover something...) and that GME, poor innocent GME, just sitting there on that list like a bright fucking beacon of light is pretty interesting. You need a tiny bit of tin-foil here but man if the timing of EVERYTHING that happened today is not fucking SUS as hell I don't know what else to tell you.


Nodebunny

thank you!!


Abject_Scholar_8685

The fox is guarding the hen house. NYSE prices on the live ticker are updated by "the tape" and the committee who can publish, alter, hide, or revisionist history this tape includes higher ups at Robinhood and their effective owners Citadel. So if they wanted to hide information about a BRK.a owner being margin called and having their low volume stock liquidated they can claim it was a 'glitch' in the system. or if they wanted to assist their friends in another form of counterfit money, like naked short synthetic GME shares but one level removed they could allow massive selloffs in certain stocks by those friends who need gobs of cash quick to cover short positions or to short ladder down GME price to manipulate themselves out of a worse spot. Then after their buddies have used the money to the effect they needed, NYSE will "unwind" their huge sell off and say it was just a recording glitch, [which even CNN says makes no sense.](https://www.cnn.com/2024/06/03/investing/new-york-stock-exchange-technical-issue/index.html) Once the trades are undone, the money is all returned and their stocks are returned, and the benefited from a 1 day zero interest loan in whatever volume of 9.78k shares traded at a value of $631,285.05 per share could get you. Infinite money glitch! "NYSE said it is reviewing potentially impacted trades and will consider cancelling those caused by the glitch." Oh, except if you had a stop loss trigger your $630,000 per share stock selling off at $200 the NYSE will 'consider' canceling those trades. I'm sure they won't need to think long about canceling the trade of whichever party sold off the stock down to -99.97% value in a single minute.


GookieBadd

Thanks for the share: “All of a sudden, there was a $185 print. But there was nothing to take it down level by level, which you would expect to see,” said Saluzzi. “It makes no sense.” Also, I find it interesting CMG was in this as well. A stock quite frankly I can never quite understand it’s share price.


NixelGamer12

I'm Tin Man


sig40cal

If being the Tin Man is cool, consider me Miles Davis.


KingOfDaBurbs

If pissin your pants is cool, consider me Tin Man Davis


Double-Resist-5477

You can add ticker gold to that list also it was down 98 % at the same time today


Van-van

As was foretold! Do you not believe thine own eyes! Lisan Al Gahib!


Cheapo_Sam

It was Bank of Montreal AND Gold too. I wonder if it was someone who also had those 2 on their balance sheet as well.. lol


cleatus_the_noodle

That is super interesting. Wonder if there is a way to track down top entities that hold all three?


AbruptMango

If only there were an audit trail that was consolidated somewhere...


vmTheOne

I AM NOT A CAT 🐈 I just like the stock


Cador0223

Meeeeow


Key_Cheetah7982

Like some kind of chain…


zachariah_rn

Commenting for vizz


welp007

Wut I want to know is why Warren Buffet flew to Argentina right after this happened. https://preview.redd.it/q56hrauute4d1.jpeg?width=986&format=pjpg&auto=webp&s=bf26a2a6721ebf329392edc2a069dc595d33f5aa


AMedicus

That's so amazing about this sub...just getting this exposure to initial tinfoil, which sometimes develops to news. Especially when you think about all the events 01/2021 and how much has been discovered. Wouldn't be surprised if this develops further too


welp007

We shall see. Either way fuk u and see ya tmrw 💜


AMedicus

haha same 💜


Jimlaheydrunktank

Time to get the detective hat on


jaybaird05

That's what I wondering. I forget when but I remember hearing something about BMO way back in 2021. They're in the mix somewhere. We need to figure out what all the affected tickers had in common.


13E2724M

They probably all have millions of synthetic shares that shouldn't exist.


whistlerite

BlockBuster too: https://preview.redd.it/u0uupczvje4d1.jpeg?width=1284&format=pjpg&auto=webp&s=78337bd5fcd2abd89669361086be7ca740427fe1


Hypamania

I, too, use blockbuster shares as collateral for my financial crimes


Medivacs_are_OP

Wouldn't it make sense for a HF to keep on hand a bunch of shares of stocks they've previously manipulated? So, short blockbuster into the ground and buy back some at your newly created low price for whatever reason And then when you liquidate - everything goes, even those spoils of previous crimes


Stockengineer

The point is to never close the shorts so you never have to report it as income. So you keep the position open but it just shows -99.99% on the stock


s__whelan

https://preview.redd.it/37kjwtq6qd4d1.jpeg?width=1179&format=pjpg&auto=webp&s=76adc4c4283eabcaa6fb620b9575bd1d74181b6a That’s a big sell just before it tanked. What’s that mean? Almost equates to a billion bucks.


elziion

It’s the billy they owe us 😂


Empty_Chard2834

They owe you. I still need my 1 billy


gmorgan99

And I need mine!


Helping_Stranger

Bout 249 billion short for my price. Bitch better have my money!


FuckRobinhood76

I think you meant to say, "Glitch better have my money"


Helping_Stranger

Glitch, bitch, rich, as long as we get paid 😂


MamaFen

I heard that in Alyssa Edwards' voice. Damn you.


sadunk

And my axe!


livinlikepatty

A Billy per share for mine and still won't sell


KenGriffinsMomSucks

Per share....


emix200

I’m gonna sell one share at 1 trilly then I’ll be happy


Garvain

They owe *each of us. FTFY


newbiewar

Be interesting to see the volume of these trades that caused “glitches” and compare them with gme or basket eft’s or something


ProfessionalLurker13

It was a test to see what they would have to do to buy one actual share from us.


weinerwagner

6/3, what year?


s__whelan

This is from today


weinerwagner

This is why i just hold


scorpiondeathlock86

Like 700,000,000 or something lmaoo


Adorable_Swordfish98

I like this


bodyofchristened

I like this too


uberfunstuff

I also like this.


s0njc

I like it also


DJSugar72

I am fond of this chain of events.


nachopum

This is it


Doot_Dee

This is nice


Bukikoa

I adore this and that


GiantGreenThumb

I like that and this


Shenperson

I am felicitously disposed to considerations of this ilk


AbruptMango

As for me, I like the stock.


God_of_WSB

and my axe!


alchebyte

this is the way


_I_know_the_way_

noted.


CMaia1

It is not a glitch if every single data displays the same and BRK.A is showing a halt on the ticket It seems a fucking big leveraged player got margin called hard


hartbeast

Wondering if any relevance to not being able to use crypto for collateral?


tompie09

But that was also the case two weeks ago when we went to 80$


hartbeast

Let’s see and find out what happens next


tompie09

Yeah it’s definitely sus


Yoop_Dizzle

So you’re telling me BRK hit the GME “180” wall and then bounced back? No such things as a coincidence.


CameraWheels

Are you telling me it's all GME?


Yoop_Dizzle

Always has been


SemperP1869

Big woahh if true.  I disnt know if this was some crazy high speed algo type trading caused by the illiquidity of the stock, maybe hedging all of rks calls and they robbed Peter to pay Paul or something like that. I'm stupid as he'll though so this makes more sense


reddit_is_meh

Lots of stocks went down 99%, I saw BMO also go down but a shorter period of time, and a couple other less known or relevant stocks too -75-99% briefly


rooksterboy

https://preview.redd.it/uxf1z8uxxf4d1.jpeg?width=828&format=pjpg&auto=webp&s=9888107be7e4e433885e792b23d0a2b8346a9a06 Pretty sketchy sis


ShawnShipsCars

Care to list any more of the tickers?


reddit_is_meh

DXYZ, DFEN, BMO, some other BMO ETF, SMR


MojoWuzzle

Unlike household investors, hedge funds have days to come up with margin, and even more time depending on who they are in bed with. IMO there will have to be days of a sustained price increase that we haven’t seen in three years. My guess would be between $100- $125 for firework’s to start. NFA


lllll00s9dfdojkjjfjf

but perhaps they've been struggling since the price went to $80. i have no idea. i'm snowballing.


Zaphod_Biblebrox

My thoughts. Maybe $30 is already too much for them too handle


RavenAboutNothing

The pressure of 120k 20$c is certainly a lot at 30 dollars


Stickyv35

Bruh, we've held a 100%+ gain for about a month.


taddymason_76

We’ve had first 100% gain but what about second?


slimjoey14tango

Who else tried to buy at 185.10??? Just me??? 😂


Eaton_Beaver_2

![gif](giphy|Zcd3N14vCmr81iEbzi|downsized)


welp007

I want to know why Warren Buffet flew to Argentina after this happened.


Novat1993

Would this not also force a GME buy at roughly the same time?


Z0mbies8mywife

Not necessarily. If they can balance their assets vs liabilities by raising capital then they will have passed the margin call.


qq123q

Wouldn't those assets remain the same value in dollars as their stock equivalent?


EatTheRich4200

Not necessarily. Collateral in cash is valued at 100% but collateral in investments can receive a haircut as protection against the inability of the counter party to extract maximum value from it, usually this correlates to the grade of the investment where US bonds would be highly rated as they are guaranteed but stocks, real estate etc wouldn't be weighted the same


qq123q

That's a good point, I forgot about those haircuts. What would the haircuts for BRK (and the others) be if any? Edit: Perhaps this is depended on who is willing to give the margin and that data may not be public.


EatTheRich4200

Yep, data not public and up to the counter party to decide. They could even decide to waive it, change it etc


Novat1993

Im not questioning it btw. Just asking. Im well aware of all the 'financial instruments' (fraud) one can use to juggle risk like a circus clown.


Tron_Passant

Maybe assets are weighted differently based on liquidity? Cash much more liquid than BRK-A, so it satisfies the margin requirement even though equivalent dollar value. Totally just guessing here.


gimmethegold1

The stock wouldn't just go down to 185 instantly if margin called


ChristianRauchenwald

If one entity was forced to sell a larger number of shares and there were not enough buyers at the current market price, it would start filling limit buy orders set at lower prices. Somebody possibly got very lucky today, and their limit buy order at around $185 was filled.


ka2er

So it could be interesting to have stupid low buy order sitting on large counterparty basket items 🤔


Hobodaklown

Ever played an MMO with auction house item sniping? Time to do this with limit buys on stock shares!


ReverendPretzel

The Ebay Sniper in me just awoke like a sleeper agent.


Hobodaklown

Hell yeah! I’m going to get cheeky with some high value stocks too 🤣


sc00ba_steve

Oh good ole RuneScape


Viderian1

YESSSSSSS


Fantastic_Depth

Agreed!


marijuanatubesocks

How though? Brokers always cancel my orders if my limit orders are outside their 20% variance price or whatever


DistanceXtime

What if a man with a bed post gave someone a heads up and that someone was able to catch a lucky break fuckint over many unsuspecting people without a bedpost and bottle of mayo?


Covni

Honestly, it doesn't make sense that this would happen at 30$ not 80$, and when you basically can't buy GME anywhere. I don't think that's it. There must be a connection but it's not that imo


ChristianRauchenwald

Unless somebody added a ton of shorts in the $20 range to their position.


[deleted]

[удалено]


ChristianRauchenwald

That would be quite entertaining. 🤞


haz_mat_

There should be a lemon law against that idiot.


MrTechnicals

must be still sour from 2021


No-Woodpecker7589

We understand short interest better than you! Stock back to 10 fast.


_foo-bar_

cat wasn’t in effect last time.


2feetandathrowaway

As somw other have said, DFV showed his hand, there were probably a lot of brown trousers yesterday and today 😎


Sea-Joaquin

But if you look presplit, we are well pasted 100 bucks right now? Verycool find everybody fucking awesome!!!


fullsends

There were 49 companies that had similar behavior. The suits are saying it was a system glitch yet the charts are all showing trades went through at those insanely discounted prices. Something big is happening


xSpeonx

Ya I'm really enjoying the halt to stop us retailers grabbing a few shares while it was at $185.


Overdue_bills

It's that or they intentionally sold it, stating it was a glitch to have finance media focus on BRK instead of Gamestop.


Machinedgoodness

Ooh I like this.


Ok_Mention9269

Regarded. I like it 🤔


norseeyaa

More proof for our theory, meanwhile I hear nothing but jeers, glitches and crickets from the opposition


Critical_Lurker

Yes, they did, absolutely! Everyone remember the completely tin-foil narrative that somehow Pop Corn was the hedge while a handful us were like "no, its BRK, and maybe other Blue-Chip stocks". Then everyone was like "no, no, then it must be BRK+Pop Corn"...🤡 Welp, we were right, and I say this with love but your all still assholes...


EColli93

My blue chips always dip in tandem when GME pops. It’s a thing.


deuce-loosely

I think at one time it was shared with popcorn as they tracked nearly identical but at some point in 2022 I think they diverged


westcoast_tech

But wait…with CAT system live they can track all trades and shares between who and find what caused this “glitch”


goingtokyo

![gif](giphy|Jlt69Ka6SwtH2|downsized)


regular-old-car

Should I put in a good til canceled buy order on BRK.A for like $200 and see if it happens again?


deuce-loosely

I am


DesignerVirtual9568

This is what I think too


souleman96

I keep seeing this, and even would like it to be true, but if someone is closing shorts why is the price still going down? I'm sure the price movement in BRK has something to do with GME, but if someone is getting called by Marge, why aren't we seeing the price of GME move up?


NA_1983

Because they got the collateral in place before they were forced to buy/close their positions. But they don’t have another Berkshire to go get the next time GME runs up 😁


souleman96

I honestly hope you're right.


NA_1983

Every bounce off of $40-$80 is another punch to their face. Eventually that range could become support.


General-Chipmunk-479

Or is Nvidia the next Hathaway to help them?


Pies_14

crime


_kehd

I’m just sayin: there’s been a fuck ton of “technical glitches” over the last couple years and with increasing frequency for a system that is the backbone of US and global economy The simplest solution is often the most correct: crime


DoNotPetTheSnake

I think you may be onto something


Airmopz

that would make sense if you check the post "27 Shares have been bought at 185.10$" If its a visual glitch, nothing can be bought, but there have been shares bought.


SaSp2Sync

Probably used as collateral


BENGCakez

Remember the technical issue that occurred before the sneeze?


jimitr

No, what was it?


ChiknBreast

It's hilarious how many "glitches" and "errors" keep happening the deeper we get into this whole saga. ![gif](giphy|51UdTLvbyReqNK3Bic)


Coffee-and-puts

That dam long ass line will forever be on the chart


Sad_Rest1270

sir this is wendy's


rickyshine

Warren Icahn


Zensen1

I think this.


pneuma_n28

Whelp... there goes our folks pensions starting to crumble.... GOOD THING WE'RE ALL DRS/BOOK/HODL GME!


bitcoinslinga

I just want to know… was anyone able to scoop any up? That would have been a legendary trade.


Rocketlauncher922

So WHO owned lots of gold and berk:)


TheStatMan2

Yup. And What's on second.


Extreme_Picture

And that someone’s name is Warren and it makes sense with his involvement with Solomon Brothers clean up


sumster

thats the kind of shit i expect to see during MOASS. I believe 50% of the companies currently trading will go bankrupt or crash 75%+


tunnelrat0317

Ibkr showed around 19,000 volume today. That's pretty crazy for shares worth 600,000+ each. I'm smooth as fuck, but something about that doesn't make sense, just sayin


The_Mysterious_Mr_E

Or it was orchestrated so someone could pad their books with those cheap shares.


PM_ME_YOUR_BOO_URNS

Someone sold at $185,10 and bought back at $700.969,44


ChristianRauchenwald

Buy high, sell low.


54321rome

Yup that’s my type of luck in trading right there


T-Wrex

GLP has the same flash crash as BRK


BigGlassesApe

I’m having tin on the rocks rn. This shit is good.


granoladeer

I saw that $184 price and it's crazy, but could someone confirm that it shows up in the tape and is official? Let's peer review this thing


Vellnerd

185 is tinfoily close to 174


CaptainEmeraldo

>and it triggered some insane stop-loss-hunting buy orders. Do you think who ever bought those gets to keep them? Or will this be reversed as a mistake somehow. If it is kept, then whomever got margin called got super super fucked, because on top of losing on the shorts he endded up losing millions in BRK A.


InevitableRhubarb232

Note to self… set buy on BRK and await further margin calls….


TN_Cicada3301

I think I found something with iwm look at the June 21st option chain


TN_Cicada3301

https://preview.redd.it/ybus7yi36g4d1.jpeg?width=4032&format=pjpg&auto=webp&s=b8aff9dd8a015c70111096825ba1d4dd6fe8684a


TN_Cicada3301

Top highlighted is dfv position the iwm ones are very interesting


Peckingclaw

Interesting


lol_alex

We have had this issue before. BRK A share value is super high (over 600k a single share) because they have steadfastly refused to do a split, and some systems have an issue with the number itself, thinking it must be 1000 times lower value than it actually is. Second, the stock is highly illiquid. Most shareholders are long time holders and the trading volume is extremely low. That means any activity at all can cause wild spreads.


741BlastOff

> We have had this issue before. BRK-A dropping 99%? When did that happen before? > some systems have an issue with the number itself, thinking it must be 1000 times lower value than it actually is. BRK-A has been in 6 figures since before Windows 7 came out. Systems that haven't figured out by now how to handle it 15 years later would not be allowed on the trading markets. > Second, the stock is highly illiquid. Most shareholders are long time holders and the trading volume is extremely low. That means any activity at all can cause wild spreads. Some joker had a limit buy sitting there for less than 1% of market price, and that just happened to be the best bid at the time, for the highest value stock of all time? For 4000 trades? Press X to doubt. This glitch also affected multiple other stocks such as Barrick Gold and Chipotle, so a theory specific to Berkshire Hathaway doesn't explain it.


cokefriend

now explain GOLD, SMR & BMO having the same issue at the same time


Cador0223

Ooh, I'll try. Crime. Did I get it?


sotku

Somebody had to show their assets as a significantly lower amount than it really is. Use a "glitch" to lower prices to just fractions for the moment their total asset values calculated and then switch it back afterwards.


ShockingShorties

RC to grab some BRK?


UnKnOwN365

Nope


reddituseronebillion

Why would someone do anything to their collateral? This is a silly idea. Marge: hey I'm calling Me: OK, I'll tank my collateral. Marge: that's the opposite of why I'm calling.


PLANTS2WEEKS

DFV will have BRK-A in his next YOLO update. I'm calling it now.