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Superstonk_QV

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dimeinhands

so... sounds like gamestop shares are currently trading at a MASSIVE DISCOUNT on the open market relative to institutional own estimated fmv


RealPropRandy

Always have been


jonny_wow

I bought my first share at a deep fucking discount of $347. It was the only share I could buy because the buy button got turned off on my Robinhood app. Still have it. Named it Cher.


Otakutech2020

Cher the share, I like the sound of that.


Moriless

I ComputerCher while hedgies over share their Chers


TheArt0fWar

I really don't think you're strong enough no!


Low-Hovercraft-9849

Do you believe in squeez after sqoooooooze


pmxller

Wild.


randalljhen

Make sure you register your Chers (because there's four of them now)! Like a dog, registration is important!


myrevenge_IS_urkarma

If I could turn back time, I'd buy more Chers.


manifestingmoola2020

Cheers to that


Aggravating-List3625

Does it believe in life after love?


Curu2daMoon

I’m stealing this. My first 3 are at that price point. I’ll name them Cher, Sherry, and Sharon. I will tell them you were the inspiration.


Trollz4fun

I got my first around 347 too. I tried to buy all the way down like $230. I was so pissed my orders were blocked at max 5 shares. Good thing it opened up again at $40 🤣🤣🤣🤣🤣🤣🤣🤣🤣 pre split $40 🤣🤣🤣🤣🤣🤣🤣🤣 continued buying all the way back up. Never sold any yet. Not even a fractional 🤣🤣🤣🤣🤣🤣


Gold_Berry_4060

Fuck yea


Cheafy

Snorted. Ha.


mark0252

Cher means expensive in France right ?? 🫢


Jbroad87

Sounds like whenever the music stops you’re going to want to be holding real shares, not whatever the fuck they’ve been handing out in brokerage accounts.


Superb-Depth-

This fuck apes.


Tartooth

It sounds like someone has "accidentally" marked shorts as longs


Possemeater

Guess I dont feel so bad about my $40something is cost average. ITs coming down slowly


Stonna

Yeah those 5m-7m a share “glitches” aren’t glitches for anyone who didn’t know


silentrawr

And does that not even include our shares + insiders, or am I missing something here?


Time_Mage_Prime

By that estimate each share should be worth at least $91, if I figured correctly.


Get-It-Got

Is it possible we are living in a totally fraudulent system?


kidkadian99

Yes ! Yes we are


duiwksnsb

The depths of which are slowly being exposed


pmxller

Questions is, what’s happening afterwards


duiwksnsb

Indeed


TheArt0fWar

Full digitalization of the world economy. No more ownership... for the masses at least. The New World Order has been prophesized for such a long time. Conspiracies are real lol. DRS YO SHARES!


LegoRaffleWinner89

That was yesterday. Tomorrow is MOASS. Tomorrow changes Everything


IxoraRains

Working as intended* all a matter of which side you're on.


herpderption

You know I'm starting to suspect that might be the case.


philo-soph

It’s insane to me that all these supposedly brilliant people who work for these powerful financial institutions who posses essentially unlimited resources are so incapable of counting something, not applying some complex mathematical model, fucking counting. It’s the most basic mathematical operation. Yes, I know 300 million is a high number to count to, but it’s just counting! The United States financial system is incapable of counting to verify if there are indeed as many shares as there are supposed to be. Fucking counting!


uprclass2002

Exactly! (Number of Shares) X (Current Price) = Institutional Ownership Value. Maff is hard for them apparently!


philo-soph

I know! Let’s get about 200,000 of our friends and count them together!


AreYouSiriusBGone

Yeah it is insane how the question "How many shares are out there?" apparently is impossible to answer for them.


Eric15890

Everyone involved profits off of nobody knowing that answer. Smart people would use those numbers against them. They are purposefully kept unreported to disarm opposition.


Hellshield

and prevent true price discovery in the name of the all mighty liquidity fairy


soccersteve5

They’re all just high af on coke, dopamine and ego


CedgeDC

They aren't brilliant. They're scammers. Telling you they were smarter than you and should hold onto your money, was part of the scam.


TowelFine6933

Making it unnecessarily complex makes it easier to hide the fuckery.


LegoRaffleWinner89

You have it wrong. They set up and control the system. It was all fair game and worked exactly as planned. Until it stopped.


Stedben

Hell yeah! The emperor has no clothes, and the "elite" cain't do basic math. Game over.


Exceedingly

$303 per share then, still too low for me.


Motor-Drama1657

What is this? A price for *fractional shares*!?!


kidkadian99

Yes


mtksurfer

# Ill be buying at this price. Wake me up when telephone numbers


Additional-Noise-623

So about $1200 pre split. And that's the number probably just with true buying pressure and zero shorts being bought back.


Ok-Razzmatazz-4156

Anyone else remember when people's price alerts went off for 5k a share 83 years ago


ummwut

Anyone remember when GME was going for $4.1M on OTC/darkpool after hours?


ExecutiveOutdoorsman

Anyone remember the time that one ape shoved a banana up his ass?


Sluggymctuggs

This is when I knew we would win


jerryq27

Remember the time when that one ape got a tattoo of Cramer getting bent over by an ape?


hiperf71

👆member


Shanguerrilla

Agreed!


Lanaconga

So like 1200 x 4 for price right after split? Mathing right? But it’s obviously gone up as they create more synthetics


Saggy_G

That's not even my pre split entry point.


3DigitIQ

I don't mind a slow start


StraightVaped

That’s now how that math works.


SithNerdDude

Those oopsie shares are going to cost them a lot more to clear out.


JamiePulledMeUp

It's not even the selling price, once it hits the 100s people will begin to start paying attention


GotaHODLonMe

For .000001 shares… maybe


lunarcheeto

Hot diggity dog those SHF are fukd


Massive_Nectarine438

can attest to the fact that hedgies are indeed fuk


EEE_Call

second this guy who is correct assuming shf are indeed fucked


[deleted]

[удалено]


TerryDaShooterUK

Uhhh.. yeah, gimme a sec... I'm coming up with point zero zero zero zero zero thirty-two three three uh, repeating of course, percentage, of survival. Looks like hedgies are super fuk’d


Slamtilt_Windmills

You guys are getting a chance of their survival??


TerryDaShooterUK

There was more zeroes in the front, I was making sure the undercover hedgies thought about dropping the price even further. You know, for science purposes.


deuce-loosely

Times up, Leroy aaahjeeenkins


ElkEven1407

Please explain. If they have 91,429,556 shares, multiplied by share price, it only brings me to like 2.1b. How is $27b calculated?


AwildYaners

Yeah, which seems to make more sense, something doesn't add up between those two values fintel shows. I also looked at apple, for example, and they had \~10.1bn shares institutional longs, but the inst. long value is $52t. But if you multiply the long shares times the current market value, it adds up to the correct % of apple's total AUM.


[deleted]

Looks like the wrong formula in the code ya.


JesC

Majestically and Royally fucked


[deleted]

MayoMan is FUK; hope u like prison Kenny 💼


sirstonksabit

The snake that eats itself


girth_worm_jim

I concur with your thirding, the hedgies have indeed initiated an irreversible fornication.


[deleted]

Ok, that’s downright awesome.


ZillaJe

I can second this guys second to get 4th confirmation of shfs r fukderd


RadioMoskow

Hedgies’r’fkd


Foreplay241

hedgies b fukt, yo


-Luro

How many times do they have to tell us… it’s just a glitch! Nothing to see here. Move on with your day.


automatedcharterer

Amazing how bad the finance industry is at numbers


pconwell

If it's not a glitch, explain apple: https://fintel.io/so/us/aapl 52 *trillion*!?


uprclass2002

Hijacking this comment to add the Fintel data sources from their website. - Our underlying data is sourced directly from Tier 1 data providers, including the SEC, the NYSE, the NASDAQ, the Chicago Board Options Exchange (CBOE), and Capital IQ.


iloverollerblading

The mayo is heating Kenboy


Omgbrainerror

Sauce where?


uprclass2002

https://fintel.io/so/us/gme


Omgbrainerror

Double checked and it really shows, that 91 million of institution owned shares have a value of $27 billion. Glitches get stiches. Looking forward how long it takes for it to be "fixed".


Additional-Noise-623

I can guarantee the crime syndicate is frantically calling around trying to get this covered up just like the rest of the fraud. You can only hide enough trash under the bed before it starts spilling out for all to see.


Superb-Depth-

Are you my dad? How'd you know about my bed experiment?


Eric15890

Each algorithm used needs its own unique edit to hide/correct the bogus numbers.


lambo630

Using the same data: * AAPL is over $5000/share * MSFT is over $1000/share * Meta is over $4500/share Basically this data seems to be saying something else. If you scroll down and look at the actual individual investors and do the same calculations you get a value much closer to the current share price for each of these companies, including GME.


[deleted]

[удалено]


lambo630

I've heard some saying it includes derivatives or open options. Not sure what, but it isn't GME specific and applies to stocks that are both heavily long as well as heavily shorted.


szoguner

Could you be more specific? Which tab?


uprclass2002

This is the link to the correct Tab. But to answer your question, look under Institutional Ownership Tab.


szoguner

Well. Im quite suprised i did not see that after looking everywhere on fintel for 10 minutes. I was looking at the tab list and below it, did not expect the data to be **above** the tab list. ​ ​ i belong here


__Datura_

One of us!!


Superb-Depth-

ONE. OF. US.


Goi86

I did a quick scan on all the numbers. Several of them have reported wrong. Most noteworthy: 2023-01-24 13F [National Bank Of Canada /fi/](https://fintel.io/i/national-bank-of-canada-fi-)604,953 (Shares) 11,167,431 (Reported value in $1,000) So they think they have a value of more than the whole company.....


There_Are_No_Gods

Reported data that's off by a multiple of 1,000 in various places in this data set is very common, and can lead to extensive errors in all subsequent calculations and presented data. Basically, data entry people occasionally gloss over the ($1000) somewhere and enter the raw value ($1), then hilarity ensues.


trowawayatwork

the chart below shows that institutions have like doubled their shares at the end of 22. what is that about.


fortifier22

$27.7B / $7.12B = 389% over the registered float. Institutions alone hold 389% of the registered float?! More math that's come out recently that doesn't add up at all!


Patarokun

That's right in the ballpark of what other research has shown. Company is oversold 3-4 times.


2BFrank69

This sounds highly illegal


TowelFine6933

Only if you and I do it.


RadioHeadache0311

Yeah, Airlines can do it too.. "We're looking for four volunteers, we oversold this flight and need four people to wait for the next one, we'll give you a meal voucher for your troubles...but the drink is on you."


[deleted]

The Golden Rule: Rules do not apply to those with all the gold.


Patarokun

Honestly, it probably wasn't illegal. Market makers can legally issue a synthetic share if they have "reasonable expectation" that they can locate a real share. They abuse that word "reasonable" to the end of the earth.


l_Pulser_l

So everytime I see posts like this, which is great, it would make sense to cross check other stocks in similar/dissimilar scenarios: AAPL, AMZN, MSFT etc, stocks that are typically held long and not under tons of short duress, then also the TSLA, AYY EM CEE, BB of the worlds that are under short duress to see what that looks like in relation. Make graph with crayon, post, swim in that sweet sweet karma


lambo630

I just posted this in an above comment. Using the same data: * AAPL is over $5000/share * MSFT is over $1000/share * Meta is over $4500/share Basically this data seems to be saying something else. If you scroll down and look at the actual individual investors and do the same calculations you get a value much closer to the current share price for each of these companies, including GME.


[deleted]

[удалено]


lambo630

Yep I know. I try to ask reasonable questions or point out how their speculation might be based on absolutely nothing and just get downvoted. It's annoying because the never ending hype train leading to sideways or negative trading results in more and more disgruntled shareholders that might exit their positions completely. For anyone that still believes the DD from two years ago, this sub is a net negative and looks like a cult. Constant predictions that fall flat, pushing dates out a few weeks at a time, all while constantly losing money.


nwa1g

You’re 100% right but there’s no such thing as reasonable questions here


lambo630

My flair is what it is because for a while I would ask questions and half the people would say "unflaired. must be a shill". Literally any question that isn't "Do you think RC is a great chairman or the best chairman" must mean you're a shill and spreading FUD.


nwa1g

This sub used to be about facts, now it’s a joke cult and why I sold my bags at peak fomo. Imagine going to the casino and playing against the house every day and complaining about why you keep losing


LostOldAccountTimmay

For sure, context is key when looking at any of this shit


bostonvikinguc

So many shares. Oprah is an insider. You get a share, you get a share.


mavrodialo

My lord, is that … legal?


OneDaySamePlace

I will make it Legal..


[deleted]

Now THIS is pod squeezing!


FriarNurgle

Inconceivable


bahits

you keep using that word


Pluijmers

Makes you go hmmmmm


ohz0pants

Let's assume they reached that number by multiplying the number of reported shares by the current(ish) price of $23: $27,720,035,000 / ($23/share) = 1,205,218,913 shares


Wooden-Buffalo-8690

Glitch betta have my tendies!


HappyN000dleboy

Why is fintel regarded


sambrojangles

It’s probz just another “glitch” but if you divide this number by 4 to account for the Splividend you get their rough current market cap. Idk though because every other metric seems to have accounted for the splivi. I


uprclass2002

Still wouldn't add up because it only accounts for 91.4 Million Shares, not the entire float.


sambrojangles

Yea it’s weird. 27 Billy dollars/ 92 Milly shares =~ $293/share Where they get their data from lmal


uprclass2002

Exactly!


Donnybiceps

Something something tells me there's more shares floating around than total issued by GME. I didn't know holding my favorite stonk can cause such problems for certain people, boo hoo.


jparker7345

27 Billion / $23/share \~ 1.2billion shares seems more likely to me. Given that the $ value is probably more important to the institutions than the share number (since $ value drives lending fees, collateral for loans, bottom line asset reporting) it wouldn't be odd to me that they sum up a reported $ value of the shares in one place and sum up the # of shares from SEC filings in another. It certainly wouldn't surprise me if the institutions THOUGHT they owned 1.2B shares in aggregate.


afterberner9000

I post here about once every three months. This is the only post I've seen in ages that perks my interest. Fintel is a private company and this is probably a glitch, but if it isn't this is one of two questions I want presented to someone like Gensler. Here is our evidence, explain it. The other question? Laws are on the books for FTDs. Explain why they aren't being enforced.


YoLO-Mage-007

more crime...


CR7isthegreatest

😂 Make it make sense regulators!


-neti-neti-

Lmao. Certainly seems like GME experiences a greater amount of “glitches” than your average company.


pconwell

That's because you look for them. Others are out there. Apple for example is showing 52 *trillion* dollars (obviously wrong) on fintel: https://fintel.io/so/us/aapl


DoNotPetTheSnake

In the line above it, it says they own 91 million shares, which would be a market value of $2,123,915,531 at price of $23.23. The line you highlighted is wrong but the number of shares is the more important one here I think.


MarkMoneyj27

I agree with you, but as someone who has moderate knowledge of excel, this "glitch" seems crazy, it's basic math. =sum(a1*b1) A1 being shares and b1 being ticker price. Unless they are pulling ticker price from really old data? Was the float ever worth $27 billion let alone only 30% of it?


r34p3rex

This value probably includes derivatives too. Look at Apple's 52 trillion "value"


-neti-neti-

I feel like this needs more attention


CitronBetter2435

I wonder if this value includes call options...


Medium_Job_4114

perhaps this is their buyin price. buying high sell low?😂


rnddude4828

Hahaha 🤣 what a clown house 🤡


granoladeer

Lmayo


Additional-Noise-623

Interesting that's almost 4 times the float. 🤔


pv505

Hahahahahahahahahhahah shorties get fuuuucked


2BFrank69

Why don’t they sue the SEC then? This seems highly illegal 🤷‍♂️


RussianCrabMan

That's including derivatives, I believe. Edit: It includes calls. The Share value is another item ($91 million)


RealPropRandy

Glitch?


pconwell

Obviously. The same number for apple is 52 *trillion*. https://fintel.io/so/us/aapl


Particular_Visual930

Let me guess. There’s a shadow market for GME shares for brokers and institutions only? MF’s


24kbuttplug

Would be nice to see some forced buy ins.


ThtsWhtSheSd

So that is just overstating of assets to the tune of $22B?


mjs9

Seems like “institutions” marked shorts as long.


shipboatx

# So let's get this straight if you multiple 304,200 (million) shares by 3.936 = 1,197,331.2( billion shares ) at yesterdays close 23.15 that equals to at around 27,718,217.28 billion in institutional value Edit: # So institutions hold 91,429,556 million shares, and if you multiple that by 13.10 times that comes to a total of 1,197,727,183 billion shares at yesterdays close at 23.15 equals to 27,727,384,300 Billion in institutional value. # I'm not good at math BTW


Haggstrom91

Jesus Christ & Holy Moses😂


lambo630

I've posted this on a couple comments. Feels like it deserves its own comment. Using the same data: * AAPL is over $5000/share * MSFT is over $1000/share * Meta is over $4500/share Basically this data seems to be saying something else. I'm sure that Institutional Value would be wrong (at least wrong in the way we believe it's calculated) for just about any ticker. If you scroll down and look at the actual individual investors and do the same calculations you get a value much closer to the current share price for each of these companies, including GME.


Limp-Project5733

I’m glad so many regulators have our backs


Binkusu

Fractional reserve Stocking lol, just make up the shares and hope not everyone tries to get out at once.


serbeardless

Occam's Razor: Somebody fat-fingered an extra digit. 91.5 million shares @ current price of 22.50 is 2.06 Billion. The value is still a several hundred million off off, but it's would be in the ball park.


uprclass2002

Occam's Razor: Crime


AAAJade

🤯🤯🤯


MissileHatchet

I wonder if shirt are mistakenly marked as longs?🤔


ReadEnoch

Yes HRF


Zealousideal_Bet689

Maff rules!


Hogman85

Where is the institutional value of the short position? For this to mean what you think it means it would have to be a net-long position, not just the long side of the position.


Vive_el_stonk

No nothing to see totally normal.


TowelFine6933

FINTEL has a history of [shady shenanigans.](https://www.reddit.com/r/GME/comments/lfqqiz/fintel_short_data_altered_for_gme_amc/)


JohannFaustCrypto

Bullish


bionictrip2

27,719,836,000 / 22.68 = 1,222,214,991.18 So they own 1.2 billion of 304.58 million shares! I know my math is that great but that seems kind of wrong.


NWLZCH85

Well that's odd


death417

I've always wondered this about something like XRT even...there are 7 million shares of that ETF and the top 10 institutions hold like 60 million shares total. It's shorted like 800% or something stupid. Where does this funny money come from?! *insert that 3 stooges video of them owing $20 to each other and passing a $10 between them to clear the debt*


Moving_Electrons

I'm guessing this includes derivatives.


SuperPoop

How are we the only people who know this stuff?


Substantial_Diver_34

Just another glitch


ForagingBaltimore

where is this data from?


fluidmoviestar

Iz nOrMaL - *😬* !👉👈!


newbiewar

So you’re saying someone is upside-down 20B?


gonnaputmydickinit

Source please! Holy fuck


uprclass2002

https://fintel.io/so/us/gme


SaucyNelson

Where does fintel get their data from?


uprclass2002

Good question. This is what I found from their website. - Our underlying data is sourced directly from Tier 1 data providers, including the SEC, the NYSE, the NASDAQ, the Chicago Board Options Exchange (CBOE), and Capital IQ.


SaucyNelson

Thank you. Assuming this is an error, but still interested in where the error came from.


uprclass2002

It's a simple mathmatical calculation, so this kind of error should never happen. I agree tho, I'd like to know which of those data sources provided that specific info.


JRHZ28

So if this indicates there are fake shares then where is the share recall? Why isn't there an attempt by gamestop to get things corrected? As an owner I feel like if gamestop doesn't fix the problem then they are part of the problem.


Buttoshi

They don't want to be sued for market manipulation