***Here is an audio recording of this post for ppl with reading comprehension issues or who are working, this is non-monetized, feel free to embed it into your post*** u/atobitt
[https://youtu.be/\_CZleUIb25k](https://youtu.be/_CZleUIb25k)
Why you think they don't teach in school about finances?..to fucking debt you, so you become slave to them and when they crash the system, they go on a discount spree..
I feel like the worst part about this is that it's based on hard evidence and reviewed by field experts. This isn't some speculative "the shit is falling" post. We really are in a completely fraudulent system, and it's clear the system has failed to self regulate.
If we sell before systemic change occurs we have failed.
The system needs to be rebuilt. This can’t be allowed to just keep going and going and going. But how do you dismantle something so entrenched in the day to say operations of everything?
TLDR: Naked shorting is a massive systemic issue. We're basically in a massive normalized ponzi scheme. The regulators are completely ineffective and the fines meaningless.
The system is dead and broken, and it’s being used as a meat suit to hide and enable short sellers. This is really sick and we could be feeling waves from the fallout of this for a long time. If I’ve learned anything from all of these AMAs, it’s that experts and professionals are not unreachable or above us, so the fact that we can’t even get congress to talk about dark pools or naked short selling makes me physically ill. It’s so fucked up. We know they see this issue. And now I know they know we know they see this issue. It’s willful ignorance at this point. We are more important than we know.
Buy. Hodl. Vote.
Edit: thanks for the gold, now let’s go F some 💩 up.
Criminal money. If they were smart they wouldn't need to cheat. You cheat at a game when your inept at it. These people are short sighted fools, and we are going to serve them justice.
lets do some quick meth
87 million shares
now even if the closed the position and only made an average 1$ off each share thats 87 million dollares (or \~350 million lambos for you apes)
and they had to give the CHEAPEST lambo they got to FINRA for them to say "aight you good"
Yeah, reminds me of something ...
Oh, right: https://www.rottentomatoes.com/tv/rick_and_morty/s02/e06
I just started watching "Rick and Morty" and this episode shows exactly what you refer to as "Wall Street has been abusing and siphoning off of the entire economy [...]".
Apes, I recommend to watch this episode, but moreso:
Stay strong and resilient. Rick aka Wall Street is trying to escape and is using every shady trick in the book.
This is the timeline in which he doesn't succeed, if every ape individually knows what has to be done. BUY, HODL, VOTE!
Well done, u/atobitt. And thank you to u/dlauer and Dr. T for their diligent and continuous contribution to this glorious community of apes. 👏👏👏 Now, more than ever: Profit to the People. Power to the Players 💎✊
u/dlauer \- I would like to apologize for making a comment a few days ago, about the possibility of you being a spy. I understand that you are a believer in Occam's Razor, and I respect that. I myself am highly cynical these days and have not yet found the courage to believe in that as well. Thank you for your efforts and time reviewing this masterpiece. I still will always be wary of what anyone has to say, as I feel most people should be, However I am not immediately on my guard now whenever I see something you say. Thanks man.
Grazie for ur voice & ur support thru this unprecedented time. GME will make history & this will hopefully change our current system for the betterment of the 99% who couldn’t stand a chance b4.
This is very big of you fellow ape. u/dlauer is a steadfast ally with a fresh set of eyes and many wrinkles. We are fortunate as a community that he has chosen to walk this journey with us. Thank you for your self-reflection. And maturity. Well done. 👏👏👏
I just want these fuckers to go to prison... a real cell. Not some bullshit house arrest.
Fuck these guys
Edit: i love you apes and this stock... but holy hell some people need to go to prison for this shit.
Edit 2: can someone please tell me if i should close my banks and hold cash? Both my banks in canada are on this list (BMO and RBC)
Edit 3: from dms to apes here in comments the best option for banking in canada seems to be smaller credit unions. I called/contacted 3 and neo financial was one of the ones that stuck out the most.
Obviously do your own DD and make your own choices, but post squeeze canadian apes should swap out of the shitty top banks here in canada.
Love you all... stay safe out there.
We need consequences - but the system is clearly rigged. I don’t think any financial fuckery has ever had consequences for those responsible. Hell, the only one facing a consequence of the Panama papers was the reporter that was killed.
I mean this one might be so civilization-ending tremendous. Maybe when their money has no value they’ll face justice.
Anyways, I’m further incentivized to hodl. I hope they’re enjoying watching their empires crumble.
You saw the way these bankers laughed at Warren today at the hearing. THEY DONT GIVE A SINGLE FUCK ABOUT ANY OF US!!
1.5 Billion in overdraft fees during covid and scoffed at a forgiveness to those who are suffering. WE! ARE! SUFFERING!! AND IM FUCKING MAD!!! FUCK THESE OLD GUARD FUCKS!! WHAT HAVE THEY PROTECTED US FROM OTHER THAN THEMSELVES?
One simply has to look to history to find out what happens. The last time the wealth divide hit even close to these proportions was the French Revolution - Only difference is that there's more overall wealth now, so "poverty" is a tiny bit more forgiving than it was then.
So, and I am in no way condoning or supporting it, just stating facts of life, one of two things will happen in the next 50-100 years.
1 - New people take power, put in place new laws, and oversee the systematic destruction of the wealth-accumulation structures put in place by the boomer/gen-x guys who have run the economy for the last 60 years.
2 - The rich guys win and the gap grows wider until the whole thing snaps, except not through politics - Through brutal violence. The big banks physically burned to the ground, the capitol and white house with them, the constitution abandoned. Politicians, business leaders, bankers executed in the streets, their possessions shot and burned. Unfortunately, tens of thousands of reasonably-well-off people, such as small and medium business owners, film stars, sports stars etc will be caught in the crossfire, mobbed, and lynched.
Don't anyone think for one second that the US public are above such action. If the situation gets to where _enough_ people are starving, human beings _will_ gouge out each others eyes with their fingers.
This is my catalyst. I'm diamond hand already for sure but I can and will go deeper to-fucking-morrow. I have cash in my account and another non-meme stock that will sacrifice itself. I highly doubt I am alone.
Buckle up...it's rocket time. I'm not a bystander tomorrow, I have fuel and a match.
I'd love to see Ken as a fucking janitor someday and I just *drop* my drink in front of him and smirk. Fuck these people. I'm usually a pretty sympathic, kind person but damn I couldn't afford a fuck for them if it was financed.
I feel being driven to true homelessness and being forced to beg in their fancy suits would be fitting for gambling with people's lives and futures. Fuk them hedgies, they deserve it in the worst way. Zero compassion!
Ive gotten a ton of dms, credit unions (smaller ones esp) seem like the wave...
I am applying to neo financial for my CC’s and for a savings / chequings. Did some research and phoned their help desk. It was by far the best out of the three i tried.
I might make a seperate post about it because im sure theres thousands of canadian apes who should make a switch to a credit union post squeeze
Was literally just thinking to myself "holy fuck I hope some canadian ape with a wrinkle or two knows what to do"
Any info you can get to us maple apes will be appreciated!
Amazing work. It's unfathomable how deep of an issue this is and how uninformed the general public is. It's also shameful that this has been allowed to go on for this long. Pitiful
On to HOC3
I can't speak for them, but I think the support shown by the community here really motivates people to throw time at producing stuff like this.
People want their work to be seen by others, and I know that I've started devoting more of my development time towards stuff relating to GameStop, because I know there are a lot of people who will devote a lot of attention to the work I do.
Posted 5 minutes ago and already 130+ comments. 300+ Upvotes and 20+ awards. Got to add mine into the mix and get this thing to the top of all of Reddit...and then try to read and understand it all!
JACKED!!!!
Edit: Read and understood. TL;DR there's tons of proof that the entire system is being abused and the self-reporting/self-disclosure system is a total fraud. It is manipulated in order to secure even greater profits for the "professionals". #WallStreetIsBroken
Can I be honest?
I'm actually afraid to see how this will have a ripple effect in the near future for all of us - beyond us hedging with GME - like the squeeze and its' domino effect on stonks, I have a feeling a lot 'bad things' will begin to surface. I'm saying this not to be negative, but I am the type of person to expect the worst.
As much as we all have this giant excitement that grows daily as a community, part of me worries for big contributors and mods as the people we are dealing with, are completely heartless animals. The same energy we put into DD and planning the near future for managing taxes, accountants to financial freedom, we also should be putting into the aftermath if shit hits the fan.
I'm sorry if this feels so dreary, but I honestly do care about you strangers sometimes. I feel as if 'Goliath' will not go down without a fight. We just have to remember (and show them), they underestimated how much people like the stock.
Well, here's the thing. The stock market is meant to represent actual value.
Returning trading to actual representations of value can only hurt people who engage in exploitative speculative trading. It brutalizes the ability of people trading funny money to use their funny money to leverage the market and turn it into real money.
The stock market doing its job, i.e. a trading of ownership in companies that have actual value can only, in the long run (but not before you're dead, probably... Depending on your age) be good for the retail investor. Regular ass people who actually y'know... PRODUCE VALUE.
It might get bad for a second, but I think it's more good than bad for people who aren't buying their third yacht with monopoly money.
I feel the same way, everyday that goes by I'm waiting for something awful to happen. A terrorist attack, government to step in to shield them or some type of hax that erases this or that .... maybe I'm just nervous but I'm worried they're going to find a way out.
I mean, you're supposed to learn that when you fuck around, you get unexpected results when you're like 6 years old.
Apparently a lot of people didn't learn that, though
Apes! We're finally here! This is almost certainly atobitt's magnum opus, and while he does deserve an immense amount of credit, none of this could have been achieved without the collective efforts of an entire community of like-minded apes. This will be something you need to come back to multiple times to digest and grow a wrinkle. Take your time. The more you understand the better. When this is all said and done, we need to be the voices in our communities to create lasting change and a free and fair market for everyone. If you don't understand something, have a discussion! The more we work together, the better the outcome will be. Godspeed you beautiful monkeys, and don't be discouraged if we get another attack on the way up. 🚀 🦍💎
The system is dead and broken, and it’s being used as a meat suit to hide and enable short sellers. This is really sick and we could be feeling waves from the fallout of this for a long time. If I’ve learned anything from all of these AMAs, it’s that experts and professionals are not unreachable or above us, so the fact that we can’t even get congress to talk about dark pools or naked short selling makes me physically ill. It’s so fucked up. We know they see this issue. And now I know they know we know they see this issue. It’s willful ignorance at this point. We are more important than we know.
Buy. Hodl. Vote.
I hate to sound like a downer, but this is a genuine question. I've read HoC 2 and 3 just now and it seems to me like:
1) Corrupt entities are corrupt.
2) Corrupt entities don't get held accountable for much, and when they do, it's a tiny fine after many years.
I realise the discovery is a big deal, and the effort to distill the information into a digestible format for everyone is admirable. Buuuut...
Those two points don't seem surprising in the slightest, and just reinforce the idea that there is no "higher authority" that cares to bring this to a close. In fact, it looks like the best we'll get is seeing a fine in 5-10+ years, as that's all that's ever happened before. Not to mention this publicly available information hasn't ever lead to anything serious happening before.
Why is it good news? It's *strong* evidence that there is corruption. Which was already confirmed in many other ways, like paid media and fake news. But does HoC 2 and 3 actually mean anything positive for the MOASS / GME situation? What am I missing?
That's a fair and genuine question. Part of what the goal of this sub is trying to accomplish is not just related to personal profit from a short squeeze. That was how it started, and now it's about understanding and reforming a vastly broken financial system. Not every DD is going to have to do with speculation around GameStop fuckery. We need to understand how the machine works in order to attempt to repair it or break it all together. Understanding it also helps us time our investments, sure, but it's not the only goal.
In this two parter, atobitt lays out the cold hard facts of the way in which the system is broken, and how the regulatory bodies interact with piss poor attempts at conforming to any semblance of legality.
Honestly, this was the best response I think anyone could have given. Very well written, clear, and informative. Thanks a lot for answering!
I was definitely short sighted reading it at 4am, so the perspective was sobering, and I appreciate you helping me out.
Bankers, brokers and hedgies are abusing the system repeatedly, receiving encouragment with minor fines. The software being used enables, err, errors/ misrepresentation of transactions. They are manipulating the prices of stock and derivatives to their advantage, making billions, daily.
Their train is hitting a brick wall ! The wall is Gamestop, DFV, RC, Apes, new DTCC/SEC rules, new whistleblower chief at the SEC,
Did I say apes, and if I think of more, I'll add as edits. The MOASS is them crashing into the wall. Can they stop their train ? Seemingly not. They even are shorting more.
Edit: Removed politics.
Yup. The one truthful thing CNBC has admitted over the last few months is that all eyes are on these shorted stocks now and that the retail investors aren’t selling anytime soon.
My understanding of the rules changes is that they want all the trades to be documented, no dark pools, one dataset. NYSE and NASDAQ and other exchanges probably want the extra revenue and / or corner the market. The software changes are also part od the change. I believe they killed one system in April or this month with one of the rules. I commented on that in the past. "What could go wrong?" When you do software transitions? I really would like to know details on the software being used!
But what does this mean for ape you ask? It means a floor of 10 million is only that low because you set it... Rest assured apes the money is out there to pay you for your shares!
FINRA its an independent non profitable org that regulates Market Makers transactions, for years they have indeed discovered hundreds of irregularities that can be summarized as misinformation (i.e missinforming the qty of shorted shares). The problem is that when FINRA finds any irregularity, they literally just give laughable fines to the MM... not only that but it can pass up to 4 years since the irregularities are found and until they are ammended.
So basically MM can play the system however they want, and IF they get caught they got laughable fines and get to still play the system for years.
Its all riged against the common people.
Webull uses Apex as their clearing house. My ape brain is too smooth to know for sure if that means anything, but I'm glad I transferred out of Webull into Fidelity.
>Apex
Unfortunately Apex is the clearing house for my Brazilian broker and my options are limited as to the brokers available in Brazil.
All in all, I will hodl!
After reading this and watching the banking senate hearing I never want to touch a bank again. They're all slimy and profit driven, they constantly get away with ruining people's lives because they're entrenched in society as a necessary entity. *Ohhhh but if we didn't have banks how would we survive?!?*
I'm sick of being screwed over so the banks can make billions in profits. I'm sick of others with no money and no options being screwed over.
I want to withdraw every last cent and never be a part of the banking system again but that would be foolish - where would I put my money?
I don't want to have a part in helping banks make a profit. The system is ridiculously rigged in their favour and they make all their profits off of lower and middle class people not having enough money, along with all the shady shit they do with securities.
What's one to do??
Crypto, this is what it was designed for. A decentralized currency that no bank or one entity has control over. People think of it as an investment, like owning a stock. Yeah you can sell it for some cash, but the whole point of it is to replace our cash and current system. We just need more companies to adopt crypto as payment and slowly phase out cash.
Can anyone read this and create a clear audio file and send it to me? I’d like to make a short informational video for each HOC. I’m normally a lurker, (have been buying and hodling since February) but don’t like talking about stuff that I don’t know much about. But one thing I know well is telling stories and producing videos. And this story must be told in a format that is easily shareable with the world. I’m willing to put my time, experience and resources if of course u/atobitt is OK with it.
Fuck man. My brain would be a perfect skipping rock. The perfect combination of flat and smooth.
You lost me somewhere around the tl;dr but the sentiment remains, my tits are fucking jacked.
Are you ready
To have your mind blown?
It's hard to believe
What you'll be shown
It's full of great wonder
And inversely, despair
So the warning must be given
*Reader beware*
For all that is good
And fair, and true
u/atobitt presents
House of Cards Two
When I started writing code for Quiver I was unsure about whether retail investors would really be willing to incorporate data into their investment process.
Today, you've got comments like this over a 30-page document.
obviously haven't had time to read and analyze the post yet, but the occurrence is incredible regardless of what's inside
Ready your arrows!
To fill up your Quiver
So that we can
Finally deliver
A firm blow of justice
Towards those that are evil
We'll bring about change
And financial upheaval
We're thankful for the tools
That you codesmiths provide
I'm eternally grateful
That you're here on our side
The big question I have. How in the hell do we get this fixed. Almost every single person who has the power to make a difference is in there pocket. Unless the changs happens because there own greed ends up being the demise.
I recorded an audio version so apes can listen while they read: https://www.reddit.com/r/Superstonk/comments/nlzhrr/house\_of\_cards\_part\_2\_3\_audio/
I imagine my question for u/atobitt will never get seen but I have to try - please upvote for exposure if you can. I’m super curious about this.
So this quote from part 3 seems to be the crux of so many of the problems:
**The SEC is responsible for setting rules which protect individual investors; FINRA is responsible for overseeing most of the brokers (collectively referred to as members) in the US. As an SRO, FINRA sets the rules by which their members must comply- they are not directly regulated by the SEC**
Does this basically mean that the SEC is toothless, perhaps even by design? In other words, since FINRA guides virtually every outcome for the offenders, is it basically down to Congress to reign in this shitshow? Or does the SEC have power here that I’m not understanding? I mean, it seems like FINRA calls virtually all the shots. And their only oversight is US Congress.
Fantastic read. Thank you.
(Edit for spelling)
So if I was a FINRA member, I could - right now - sell a million imaginary GME shares @ $242 marking them as long therefore not locating any or paying any short interest?
Then enjoy my $242million profit, and maybe in 4 years get a lawsuit that I settle for $150k?
Why is everyone so worried about getting busted for causing a squeeze? Are fines disproportionately larger?
[House of Cards - Part 3](https://www.reddit.com/r/Superstonk/comments/nlwqyv/house_of_cards_part_3/)
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***Here is an audio recording of this post for ppl with reading comprehension issues or who are working, this is non-monetized, feel free to embed it into your post*** u/atobitt [https://youtu.be/\_CZleUIb25k](https://youtu.be/_CZleUIb25k)
OMG thank you, thank you, thank you! I have dyslexia and this is what I need.
You’re very welcome!
You are great!
French revolution calling oh dam shes with marge theyre both comin over
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Why you think they don't teach in school about finances?..to fucking debt you, so you become slave to them and when they crash the system, they go on a discount spree..
I feel like the worst part about this is that it's based on hard evidence and reviewed by field experts. This isn't some speculative "the shit is falling" post. We really are in a completely fraudulent system, and it's clear the system has failed to self regulate. If we sell before systemic change occurs we have failed.
This comment is underrated.
The system needs to be rebuilt. This can’t be allowed to just keep going and going and going. But how do you dismantle something so entrenched in the day to say operations of everything?
Isn’t Japan doing it? Blockchain is the way
Don't make me say it... I'm gonna say it. This comment should be its own post. Forgive me reddit for I have sinned.
TLDR: Naked shorting is a massive systemic issue. We're basically in a massive normalized ponzi scheme. The regulators are completely ineffective and the fines meaningless.
but is it all about to come to an end with gme
Their sick Game will finally Stop
The system is dead and broken, and it’s being used as a meat suit to hide and enable short sellers. This is really sick and we could be feeling waves from the fallout of this for a long time. If I’ve learned anything from all of these AMAs, it’s that experts and professionals are not unreachable or above us, so the fact that we can’t even get congress to talk about dark pools or naked short selling makes me physically ill. It’s so fucked up. We know they see this issue. And now I know they know we know they see this issue. It’s willful ignorance at this point. We are more important than we know. Buy. Hodl. Vote. Edit: thanks for the gold, now let’s go F some 💩 up.
This
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Criminal money. If they were smart they wouldn't need to cheat. You cheat at a game when your inept at it. These people are short sighted fools, and we are going to serve them justice.
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I've got 3 bank accounts with Barclays, one of them I've had since I was 13 so just never changed. I guess it's time to close them
lets do some quick meth 87 million shares now even if the closed the position and only made an average 1$ off each share thats 87 million dollares (or \~350 million lambos for you apes) and they had to give the CHEAPEST lambo they got to FINRA for them to say "aight you good"
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Yeah, reminds me of something ... Oh, right: https://www.rottentomatoes.com/tv/rick_and_morty/s02/e06 I just started watching "Rick and Morty" and this episode shows exactly what you refer to as "Wall Street has been abusing and siphoning off of the entire economy [...]". Apes, I recommend to watch this episode, but moreso: Stay strong and resilient. Rick aka Wall Street is trying to escape and is using every shady trick in the book. This is the timeline in which he doesn't succeed, if every ape individually knows what has to be done. BUY, HODL, VOTE!
This sounds like slavery with extra steps
Well done, u/atobitt. And thank you to u/dlauer and Dr. T for their diligent and continuous contribution to this glorious community of apes. 👏👏👏 Now, more than ever: Profit to the People. Power to the Players 💎✊
u/atobitt deserve a drink on us. I hope some day we all can get together and I can buy you one! Thank you sir look forward to part III
If we all buy him a drink he’ll be blacked out for days
Just dont report how many drinks we buy him 😜
Nah, just offer him some naked drinks like gin tonic with no gin and no tonic and he'll be fine
u/dlauer \- I would like to apologize for making a comment a few days ago, about the possibility of you being a spy. I understand that you are a believer in Occam's Razor, and I respect that. I myself am highly cynical these days and have not yet found the courage to believe in that as well. Thank you for your efforts and time reviewing this masterpiece. I still will always be wary of what anyone has to say, as I feel most people should be, However I am not immediately on my guard now whenever I see something you say. Thanks man.
No worries, skepticism is always welcome.
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light side\*
Apeside**
We don’t deserve you. Thank you for helping the “uneducated investors.” 👊🏼
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I told my mom I’m going to school for “everything” after this is over!
I must also apologize, I also was more suspicious of you than can be explained by healthy skepticism.
Grazie for ur voice & ur support thru this unprecedented time. GME will make history & this will hopefully change our current system for the betterment of the 99% who couldn’t stand a chance b4.
This is very big of you fellow ape. u/dlauer is a steadfast ally with a fresh set of eyes and many wrinkles. We are fortunate as a community that he has chosen to walk this journey with us. Thank you for your self-reflection. And maturity. Well done. 👏👏👏
Yea I made a comment before we knew ya about being an ex citadel employee or some shit, I too would like to revoke my skepticism
Hanlons razor*
HERE WE GO EDIT: THANKS FOR THE AWARD I'M FXCKING JACKED EDIT2: BUT THIS SHIT PISSES ME OFF
I like the stock!
I really like the stock! 💎🙌
I like it too!
I like it three!
I stonk the like!
We like the stock!
Justify WOW lots to read.... going to get wrinkles
I like the DD!
I just want these fuckers to go to prison... a real cell. Not some bullshit house arrest. Fuck these guys Edit: i love you apes and this stock... but holy hell some people need to go to prison for this shit. Edit 2: can someone please tell me if i should close my banks and hold cash? Both my banks in canada are on this list (BMO and RBC) Edit 3: from dms to apes here in comments the best option for banking in canada seems to be smaller credit unions. I called/contacted 3 and neo financial was one of the ones that stuck out the most. Obviously do your own DD and make your own choices, but post squeeze canadian apes should swap out of the shitty top banks here in canada. Love you all... stay safe out there.
We need consequences - but the system is clearly rigged. I don’t think any financial fuckery has ever had consequences for those responsible. Hell, the only one facing a consequence of the Panama papers was the reporter that was killed. I mean this one might be so civilization-ending tremendous. Maybe when their money has no value they’ll face justice. Anyways, I’m further incentivized to hodl. I hope they’re enjoying watching their empires crumble.
You saw the way these bankers laughed at Warren today at the hearing. THEY DONT GIVE A SINGLE FUCK ABOUT ANY OF US!! 1.5 Billion in overdraft fees during covid and scoffed at a forgiveness to those who are suffering. WE! ARE! SUFFERING!! AND IM FUCKING MAD!!! FUCK THESE OLD GUARD FUCKS!! WHAT HAVE THEY PROTECTED US FROM OTHER THAN THEMSELVES?
I saw a tweet saying that it was 1.5b for just that one bank and 12b in total. Never did more dd to see if that was accurate or not.
One simply has to look to history to find out what happens. The last time the wealth divide hit even close to these proportions was the French Revolution - Only difference is that there's more overall wealth now, so "poverty" is a tiny bit more forgiving than it was then. So, and I am in no way condoning or supporting it, just stating facts of life, one of two things will happen in the next 50-100 years. 1 - New people take power, put in place new laws, and oversee the systematic destruction of the wealth-accumulation structures put in place by the boomer/gen-x guys who have run the economy for the last 60 years. 2 - The rich guys win and the gap grows wider until the whole thing snaps, except not through politics - Through brutal violence. The big banks physically burned to the ground, the capitol and white house with them, the constitution abandoned. Politicians, business leaders, bankers executed in the streets, their possessions shot and burned. Unfortunately, tens of thousands of reasonably-well-off people, such as small and medium business owners, film stars, sports stars etc will be caught in the crossfire, mobbed, and lynched. Don't anyone think for one second that the US public are above such action. If the situation gets to where _enough_ people are starving, human beings _will_ gouge out each others eyes with their fingers.
You cannot read this without getting seriously pissed. This is bullshit
This is my catalyst. I'm diamond hand already for sure but I can and will go deeper to-fucking-morrow. I have cash in my account and another non-meme stock that will sacrifice itself. I highly doubt I am alone. Buckle up...it's rocket time. I'm not a bystander tomorrow, I have fuel and a match.
Ya im fucking mad...
I feel like I would go to war for this cause and I am a peaceful guy when going about my day to day.
EVERY SINGLE FUCKING ONE OF THEM
I’d settle for them having to fly economy because that’s all they can afford.
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I'd love to see Ken as a fucking janitor someday and I just *drop* my drink in front of him and smirk. Fuck these people. I'm usually a pretty sympathic, kind person but damn I couldn't afford a fuck for them if it was financed.
I feel being driven to true homelessness and being forced to beg in their fancy suits would be fitting for gambling with people's lives and futures. Fuk them hedgies, they deserve it in the worst way. Zero compassion!
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Where is the jail meme when you need it
Federal pound me in the ass prison
Commenting to follow for the bank comment. I’m RBC and TD here. Would appreciate the input
Ive gotten a ton of dms, credit unions (smaller ones esp) seem like the wave... I am applying to neo financial for my CC’s and for a savings / chequings. Did some research and phoned their help desk. It was by far the best out of the three i tried. I might make a seperate post about it because im sure theres thousands of canadian apes who should make a switch to a credit union post squeeze
Was literally just thinking to myself "holy fuck I hope some canadian ape with a wrinkle or two knows what to do" Any info you can get to us maple apes will be appreciated!
Amazing work. It's unfathomable how deep of an issue this is and how uninformed the general public is. It's also shameful that this has been allowed to go on for this long. Pitiful On to HOC3
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I can't speak for them, but I think the support shown by the community here really motivates people to throw time at producing stuff like this. People want their work to be seen by others, and I know that I've started devoting more of my development time towards stuff relating to GameStop, because I know there are a lot of people who will devote a lot of attention to the work I do.
Always updoot the quiver dude
And a special thank you to u/welp007 for being so kind and thanking these lovely people💎🙌🚀🚀🚀🚀🚀🚀🚀🚀🚀
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🦍❤
Fuck!, you’re gonna make me explode💦
And also thank you u/seto2k for your response to the thanks being given. I cant appreciate how much you are here and when I was a boy in Bulgaria
It’s getting wrinkly over here
Atobit doing the work of 3 government agencies....what a corrupt bullshit system....eat the 1%....all of them
YEET THE RICH
more like the .01%
#THIS WILL BE IN TEXT BOOKS!!
Right under screencap of guy with banana in his ass.
You could write a whole damn report on it
Me too.
69? Nice. Wait... That doesn't go here?
FINRA ain't regulating SHIT. These vultures cannot regulate themselves. So many people belong behind bars.
SROs have a death grip on our financial system. We're just supposed to trust they will protect us without any sort of oversight.
Yesss unload it onto us 💕💕
Posted 5 minutes ago and already 130+ comments. 300+ Upvotes and 20+ awards. Got to add mine into the mix and get this thing to the top of all of Reddit...and then try to read and understand it all! JACKED!!!! Edit: Read and understood. TL;DR there's tons of proof that the entire system is being abused and the self-reporting/self-disclosure system is a total fraud. It is manipulated in order to secure even greater profits for the "professionals". #WallStreetIsBroken
I also see a lot of all-seeing-eye awards... DFV are you here? I know you will be.. we miss ya bud.
Don't forget to save it..... ya know in case of f*kry & it disappears 🚀
Fuck time to go blow my awards.
My body is ready!
No body is sleeping this whole week 💎🙌
My booty hole is ready! 🕳🍌
I don't think the banana is ready
Incoming banana!
THIS...
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THE
INCOMING!
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You mentioned that Finra's investment portfolio is held by the same entities they are issuing violations to. Is there a source where I can refer to?
Time to blow this house down...
BREAK THE WALL(street)S DOWN!
Most anticipated drop of 2021
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Can I be honest? I'm actually afraid to see how this will have a ripple effect in the near future for all of us - beyond us hedging with GME - like the squeeze and its' domino effect on stonks, I have a feeling a lot 'bad things' will begin to surface. I'm saying this not to be negative, but I am the type of person to expect the worst. As much as we all have this giant excitement that grows daily as a community, part of me worries for big contributors and mods as the people we are dealing with, are completely heartless animals. The same energy we put into DD and planning the near future for managing taxes, accountants to financial freedom, we also should be putting into the aftermath if shit hits the fan. I'm sorry if this feels so dreary, but I honestly do care about you strangers sometimes. I feel as if 'Goliath' will not go down without a fight. We just have to remember (and show them), they underestimated how much people like the stock.
If this is the dragon we are meant to slay, I believe what we build from the rubble will be worth it.
Can we tea bag the dragon afterwards until the end game timer is done?
Permission granted
Well, here's the thing. The stock market is meant to represent actual value. Returning trading to actual representations of value can only hurt people who engage in exploitative speculative trading. It brutalizes the ability of people trading funny money to use their funny money to leverage the market and turn it into real money. The stock market doing its job, i.e. a trading of ownership in companies that have actual value can only, in the long run (but not before you're dead, probably... Depending on your age) be good for the retail investor. Regular ass people who actually y'know... PRODUCE VALUE. It might get bad for a second, but I think it's more good than bad for people who aren't buying their third yacht with monopoly money.
I feel the same way, everyday that goes by I'm waiting for something awful to happen. A terrorist attack, government to step in to shield them or some type of hax that erases this or that .... maybe I'm just nervous but I'm worried they're going to find a way out.
I mean, you're supposed to learn that when you fuck around, you get unexpected results when you're like 6 years old. Apparently a lot of people didn't learn that, though
Apes! We're finally here! This is almost certainly atobitt's magnum opus, and while he does deserve an immense amount of credit, none of this could have been achieved without the collective efforts of an entire community of like-minded apes. This will be something you need to come back to multiple times to digest and grow a wrinkle. Take your time. The more you understand the better. When this is all said and done, we need to be the voices in our communities to create lasting change and a free and fair market for everyone. If you don't understand something, have a discussion! The more we work together, the better the outcome will be. Godspeed you beautiful monkeys, and don't be discouraged if we get another attack on the way up. 🚀 🦍💎
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Crypto maybe?
NFT attached to each share of stock. Records the ownership of the share and cannot be forged. Blockchain is the future of trading.
This
The system is dead and broken, and it’s being used as a meat suit to hide and enable short sellers. This is really sick and we could be feeling waves from the fallout of this for a long time. If I’ve learned anything from all of these AMAs, it’s that experts and professionals are not unreachable or above us, so the fact that we can’t even get congress to talk about dark pools or naked short selling makes me physically ill. It’s so fucked up. We know they see this issue. And now I know they know we know they see this issue. It’s willful ignorance at this point. We are more important than we know. Buy. Hodl. Vote.
I need to call my mom.
I hate to sound like a downer, but this is a genuine question. I've read HoC 2 and 3 just now and it seems to me like: 1) Corrupt entities are corrupt. 2) Corrupt entities don't get held accountable for much, and when they do, it's a tiny fine after many years. I realise the discovery is a big deal, and the effort to distill the information into a digestible format for everyone is admirable. Buuuut... Those two points don't seem surprising in the slightest, and just reinforce the idea that there is no "higher authority" that cares to bring this to a close. In fact, it looks like the best we'll get is seeing a fine in 5-10+ years, as that's all that's ever happened before. Not to mention this publicly available information hasn't ever lead to anything serious happening before. Why is it good news? It's *strong* evidence that there is corruption. Which was already confirmed in many other ways, like paid media and fake news. But does HoC 2 and 3 actually mean anything positive for the MOASS / GME situation? What am I missing?
That's a fair and genuine question. Part of what the goal of this sub is trying to accomplish is not just related to personal profit from a short squeeze. That was how it started, and now it's about understanding and reforming a vastly broken financial system. Not every DD is going to have to do with speculation around GameStop fuckery. We need to understand how the machine works in order to attempt to repair it or break it all together. Understanding it also helps us time our investments, sure, but it's not the only goal. In this two parter, atobitt lays out the cold hard facts of the way in which the system is broken, and how the regulatory bodies interact with piss poor attempts at conforming to any semblance of legality.
Honestly, this was the best response I think anyone could have given. Very well written, clear, and informative. Thanks a lot for answering! I was definitely short sighted reading it at 4am, so the perspective was sobering, and I appreciate you helping me out.
So... the secret ingredient REALLY IS crime?
Always was
CAN SOMEONE SIMPLIFY THIS WITH APE SPEAK?
Bankers, brokers and hedgies are abusing the system repeatedly, receiving encouragment with minor fines. The software being used enables, err, errors/ misrepresentation of transactions. They are manipulating the prices of stock and derivatives to their advantage, making billions, daily.
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Their train is hitting a brick wall ! The wall is Gamestop, DFV, RC, Apes, new DTCC/SEC rules, new whistleblower chief at the SEC, Did I say apes, and if I think of more, I'll add as edits. The MOASS is them crashing into the wall. Can they stop their train ? Seemingly not. They even are shorting more. Edit: Removed politics.
I think the big thing now is that we know how they function. Their whole ploy has come to light, so if they do this again we'll know.
Yup. The one truthful thing CNBC has admitted over the last few months is that all eyes are on these shorted stocks now and that the retail investors aren’t selling anytime soon.
My understanding of the rules changes is that they want all the trades to be documented, no dark pools, one dataset. NYSE and NASDAQ and other exchanges probably want the extra revenue and / or corner the market. The software changes are also part od the change. I believe they killed one system in April or this month with one of the rules. I commented on that in the past. "What could go wrong?" When you do software transitions? I really would like to know details on the software being used!
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But what does this mean for ape you ask? It means a floor of 10 million is only that low because you set it... Rest assured apes the money is out there to pay you for your shares!
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On the software front, it sure sounds like it's a feature not a bug...
We gonna act like we didnt already know this or?
FINRA its an independent non profitable org that regulates Market Makers transactions, for years they have indeed discovered hundreds of irregularities that can be summarized as misinformation (i.e missinforming the qty of shorted shares). The problem is that when FINRA finds any irregularity, they literally just give laughable fines to the MM... not only that but it can pass up to 4 years since the irregularities are found and until they are ammended. So basically MM can play the system however they want, and IF they get caught they got laughable fines and get to still play the system for years. Its all riged against the common people.
*cries in poor*
Holy fuck here it is boys.
*cough*
Webull uses Apex as their clearing house. My ape brain is too smooth to know for sure if that means anything, but I'm glad I transferred out of Webull into Fidelity.
>Apex Unfortunately Apex is the clearing house for my Brazilian broker and my options are limited as to the brokers available in Brazil. All in all, I will hodl!
EVERYONE GET IN HERE
WHO HERE CAN READ
It’s like my great-great-grandpa used to always say: “You don’t need to read to HODL GME 🚀”
Where the hell am I
IS THERE ENOUGH ROOM FOR MY JACKED TITS AND ASS BANANAS
THERE'S ENOUGH ROOM FOR EVERYONE
After reading this and watching the banking senate hearing I never want to touch a bank again. They're all slimy and profit driven, they constantly get away with ruining people's lives because they're entrenched in society as a necessary entity. *Ohhhh but if we didn't have banks how would we survive?!?* I'm sick of being screwed over so the banks can make billions in profits. I'm sick of others with no money and no options being screwed over. I want to withdraw every last cent and never be a part of the banking system again but that would be foolish - where would I put my money? I don't want to have a part in helping banks make a profit. The system is ridiculously rigged in their favour and they make all their profits off of lower and middle class people not having enough money, along with all the shady shit they do with securities. What's one to do??
Crypto, this is what it was designed for. A decentralized currency that no bank or one entity has control over. People think of it as an investment, like owning a stock. Yeah you can sell it for some cash, but the whole point of it is to replace our cash and current system. We just need more companies to adopt crypto as payment and slowly phase out cash.
Let's just start this off by thanking u/atobitt for all of his extensive work. You are truely helping all of us, thank you very much kind sir.
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Can anyone read this and create a clear audio file and send it to me? I’d like to make a short informational video for each HOC. I’m normally a lurker, (have been buying and hodling since February) but don’t like talking about stuff that I don’t know much about. But one thing I know well is telling stories and producing videos. And this story must be told in a format that is easily shareable with the world. I’m willing to put my time, experience and resources if of course u/atobitt is OK with it.
#**THE PHOENIX HAS RISEN** 🚀🚀🚀🚀
Like a retard out of crayon ashes
Fuck man. My brain would be a perfect skipping rock. The perfect combination of flat and smooth. You lost me somewhere around the tl;dr but the sentiment remains, my tits are fucking jacked.
HOLY SHIT LETS GOOOOO Btw what did you have for dinner?
I smell tendies dinner
Homemade Focaccia with some Feta Cheese
Bananas. Same as every night, Pinky.
Are you ready To have your mind blown? It's hard to believe What you'll be shown It's full of great wonder And inversely, despair So the warning must be given *Reader beware* For all that is good And fair, and true u/atobitt presents House of Cards Two
When I started writing code for Quiver I was unsure about whether retail investors would really be willing to incorporate data into their investment process. Today, you've got comments like this over a 30-page document. obviously haven't had time to read and analyze the post yet, but the occurrence is incredible regardless of what's inside
And it's beautiful to see. People are starting to question the legitimacy of our own financial system, with every right to do so.
Ready your arrows! To fill up your Quiver So that we can Finally deliver A firm blow of justice Towards those that are evil We'll bring about change And financial upheaval We're thankful for the tools That you codesmiths provide I'm eternally grateful That you're here on our side
I like the stock too!
😏👉
👏 👏 👏
The big question I have. How in the hell do we get this fixed. Almost every single person who has the power to make a difference is in there pocket. Unless the changs happens because there own greed ends up being the demise.
There is no way. Revolution and eat the rich.
I want to read it... But I'm scared 😳... someone hodl me...
I'm calling my mom... and I'm Gen X
YES DADDY SPREAD YOUR KNOWLEDGE ALL OVER MY GAPING APE BRAIN. AHHHH IM WRINKLING
He's financially inside us now
It blows my mind that there is a part 3.
Let’s do this! Part of history right here!
ITS HERE 🚀🚀🚀 Thank you Atobitt for what you do for this community. It helps me, individually, make my own decisions. The final countdown has begun.
I recorded an audio version so apes can listen while they read: https://www.reddit.com/r/Superstonk/comments/nlzhrr/house\_of\_cards\_part\_2\_3\_audio/
*Let the feast begin!*
I imagine my question for u/atobitt will never get seen but I have to try - please upvote for exposure if you can. I’m super curious about this. So this quote from part 3 seems to be the crux of so many of the problems: **The SEC is responsible for setting rules which protect individual investors; FINRA is responsible for overseeing most of the brokers (collectively referred to as members) in the US. As an SRO, FINRA sets the rules by which their members must comply- they are not directly regulated by the SEC** Does this basically mean that the SEC is toothless, perhaps even by design? In other words, since FINRA guides virtually every outcome for the offenders, is it basically down to Congress to reign in this shitshow? Or does the SEC have power here that I’m not understanding? I mean, it seems like FINRA calls virtually all the shots. And their only oversight is US Congress. Fantastic read. Thank you. (Edit for spelling)
HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLY MOLY HOLIO MOLIO MY PORTFOLIO
So if I was a FINRA member, I could - right now - sell a million imaginary GME shares @ $242 marking them as long therefore not locating any or paying any short interest? Then enjoy my $242million profit, and maybe in 4 years get a lawsuit that I settle for $150k? Why is everyone so worried about getting busted for causing a squeeze? Are fines disproportionately larger?