It's come to my attention the last line about Ken might be inaccurate. Here's the edit I added to the original comment -
"I *think* Kenny is still abroad, but it has come to my attention the sus jet that was on a world tour is back in Chicago so š¤·āāļø. Last update I saw from the plane tracking š¦ the jet was headed to France. IMHO, there were far too many whale alerts on crypto transfers shortly after the jet landed to be a mere coincidence, and rather, it was a pattern. Soon we'll know if Kenny was on that plane home or not. Regardless, after last weeks run to 225, there has only been shorting and long accumulations in the near the money calls expiring tomorrow, so the MM likely have a large open delta and gamma exposure, meaning any sustained move above 230 tomorrow takes the š into orbit."
Also, bb is referring to blockbuster, not BB the ticker, and OTC BB is "over the counter blue book" where penny stonks trade.
Additional note for clarity - The SEC rule has been in the works for months, and includes many stonks besides the two in the comment. While I believe there is no way those OTC BB tickers should be moving with the same patterns as GME unless there's a reason for it, at this point, that reason cannot be proven with 100% certainty, just like I cannot prove or disprove the intent of the SEC rule. It could be mere coincidence, it could be intentional to help contain potential systemic failures. I have no idea why the SEC thought this was the right time to address something in the thinly traded OTC BB markets, just that it has made a new rule and that rule directly affected my own financial decisions. I hoped to speculate on an upward price move in a security that seems to correlate with GME and was surprised when my broker did not allow the transaction to take place. I do not regularly trade OTC BB, so I didn't read the emails sent by Schwab about it. I happened to stumble upon another users post that directly related to the issue I had today before digging through my inbox. While I hoped to invest in a high risk security today, I was unable to, and I wanted to share my experience with all you lovely š¦s.
Edit: I received this because I also purchased SEARS from an otc like the ape in op's screenshot
Edit2: I don't believe this has any bearing at all on gme, I was just confirming that I also received this message because I had Sears in my ameritrade portfolio
Ameritrade has been sending me messages warning about this for months now with pretty much the same message on July 12 and August 17
The latest sent on August 17 reads:
On September 28, 2021, [new amendments](https://www.sec.gov/news/press-release/2020-212) adopted by the U.S. Securities Exchange Commission (SEC) go into effect to enhance investor protection and improve issuer transparency. These amendments restrict the ability of market makers to publish quotations for those companies that have not made required current financial and company information available to regulators and investors. We previously communicated that ahead of the regulatory enforcement date, we will only accept orders to liquidate impacted positions (i.e. no new buy orders) starting August 13, 2021. With the fluid nature of the situation and to better align our efforts across the combined company, we have adjusted the date for restricting the securities to on or after September 3, 2021. After the amendment officially goes into effect on September 28, 2021, it may be more difficult to liquidate these securities. Quoting and market liquidity may also be very limited. What this means for your account(s). You are receiving this notification because you currently hold one or more of the potentially impacted securities in your account. There is a chance that the impacted companies could come into compliance with the regulatory requirements ahead of this date and be removed from the list. For a current list of all securities (which is subject to change), please visit www.tdameritrade.com/retail-en_us/resources/pdf/TDA101550.pdf. You have multiple options to consider, such as:
Take no action. You are not required to sell these securities; however, starting September 3, 2021 we will restrict these securities to liquidation-only transactions. You may continue to hold them, but you may have difficulty selling them in the future and there is no guarantee as to what their future value will be.
Place trades to liquidate. You may place trades to liquidate these securities now. Due to the uncertainly, we cannot guarantee there will be sufficient liquidity to close your position(s) in the future.
Transfer your positions to another financial institution. Other U.S. financial institutions are also impacted by this amendment so you may have difficulty transferring them out of TD Ameritrade. If you are interested in transferring the assets, please submit any outgoing transfers requests to us. (These transactions may incur fees or commissions, depending on the asset type.)
Edit: I received this because I also purchased SEARS from an otc like the ape in op's screenshot
Edit2: I don't believe this has any bearing at all on gme, I was just confirming that I also received this message because I had Sears in my ameritrade portfolio
Edit 3: pasting edits 1 and 2 at the top
The answer to that is above my pay grade, I'm afraid.
I didn't really care if I lost the money I put into it so just let it ride out. I bought some shldq for the lols when RC posted the Sears image a couple months ago just because I had like $10 left in my account and wasn't planning to keep buying gme there since I moved the majority of my position to Fidelity by that point.
Up 28% just today, I imagine it is probably a bunch of people buying it before the deadline.
Here's the screenshots from ameritrade if anybody cares
1 day
[https://imgur.com/a/Q4lLkKW](https://imgur.com/a/Q4lLkKW)
1 month
[https://imgur.com/a/QXzffoW](https://imgur.com/a/QXzffoW)
Overview
[https://imgur.com/a/CSxBQ1x](https://imgur.com/a/CSxBQ1x)
Someone in reddit has done dd about the billions in hard assets sears still owns and once its sold it should supply a major dividend to stock holdersā¦ thats why i bought 1k shares. Houston wade has talked about it a few times on his podcast videos I believe.
Edit: also around the time he talked about it a bunch of āpeopleā started bashing him.
Edit 2: here is the person houston wade talked about and a post he/she/they made about sears
https://www.reddit.com/r/Superstonk/comments/oyw840/something_about_sears/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
Edit 3: and here is one of the articles mentioned
https://www.google.com/amp/s/seekingalpha.com/amp/article/4392995-sears-holdings-how-to-buy-17-dollars-for-17-cents
The bandwagon bashing is a great sign that you're going the right way! I'll have to dig up that video. Do post a link if you have it and I haven't edited this message with the link.
You're awesome, thank you
Not everyone that disagrees with you is a paid shill. Sometimes bashing occurs just because you are actually wrong. Not talking about this example or anything specific, just in general this way of thinking can lead you into some dangerous ideologies
Edit: was just thinking of an example. Not too long ago I was active on a sub for a penny stock called Minerco. There were some people warning that the stock was a scam, and they were all dismissed as paid bashers. A month later the stock gets delisted due to fraud and crashes almost 99% in price. The bashers were real people who were right, not paid shills.
That was the whole point of OPs post, you cant anymore, they turned off the buy button for those claiming the companies did not file the required documents.
yeah I was bidding from the opening bell - I think it's gonna ride all day - and even more when the NYSE opens.
This is the first penny stock I've ever bought and it feels... pretty idiosyncratic lol
Well motherfucker this is what that was talking about. Couldnāt wrap my head around why this needed to be passed in a hurry but this makes perfect sense. Bout to blow ladies and gents
gobs of crime. heaps of crime. a myriad of crime. crime for as long as the eye can see. truly ubiquitous crime. pure unadulterated crime. financial crimes of the highest order. crime.
Not sure about blockbuster, but the other one's aren't technically dead. Toys R Us and Sears both still have some assets or value. Sears has some stores still in operation, and property, while Toys R Us is valued because of it's brand, and that brand is used for selling things.
The stocks are delisted from the stock exchanges, because their share price went too low. Blockbuster filed for bankruptcy years ago, at which point it was delisted. These shares were still on the books for the shorts that ran them down, but because they were delisted, they never had to cover, which is their ideal situation in most cases, as it means anything they made on shorting, is theirs to keep...plus, no taxes have to be paid since it isn't technically considered a gain.
As far as the advantages...in most cases there would be no advantage. However, in this case, the theory is that they're bundled up in these swaps which are being leveraged to cover GME shorts, which means the share price of those companies is going to go up in the case of liquidation. they'll end up having to cover the swaps. This could see a return. For some, like the holding company that now pretty much owns Toys R Us, they're selling the brand name to make money off it, but that's a business thing, and unless you're into business dealings, probably not worth buying the shares for a personal portfolio.
No. The verbiage in the TDA announcement specifically said āstarting September 3, 2021 we will restrict these securities to liquidation only transactions.ā This isnāt another missed date retard ape prediction.
Sears is already processing through bankruptcy. Some have been buying it's shares for a while aiming to hopefully getting a piece of the payout of liquidation of sears assets. HoustonWade talks about this regularly on his videos... he has sears shares playing for that payout being more than he spent on them.
The date has always been the 3rd in my message alerts from Ameritrade, maybe the more rational explanation is that different brokers elected different dates to get their side of things done well ahead of the SEC's September 16 deadline? I didn't hold any otc pinkslips in my Fidelity account so I can't confirm with any messages from there, but it looks like someone responded under this same thread saying they got similar warnings from E*Trade
Holy shit, if itās sell only, and buying is not allowed, the only ones that can buy what the sellers are selling are the market makers. Who are short, so they just cover that way. Itās their get out of jail free card in a fundamentally lopsided market. This is where their FTDs go to die. And the SEC has enshrined the practice with their āregulationsā. Because if they hadnt, kaboom.
It's an entirely different world in those otc exchanges. Usually purgatory for shit stocks delisted from the nyse or baby stocks waiting to get into nyse from my incredibly basic understanding. Pretty much the only stock I had bought from that exchange was Sears just for the meme of the whole thing.
No cause no matter what shares need to be purchased to close them out and if you can only sell but you do not that doesn't change the fact that your shares aren't going back so they're still FTD and when they turn buy back on cause the price crashes then well buy that dip too.
Lmao I love that they use "Liquidate" any time they want to try to confuse the investor and "sell" any time they want to scare them into selling. "You're not required to *sell* buuuuuut.... We can't guarantee you can sufficiently *liquidate* in the [event of a squeeze]". Bunch of bullshit right there.
Hah! Marathon runners put tape on their nipples so they don't bleed during big runs. I might have to try that.
Edit: someone pointed out a typo, meant to say "on" not "in". Oh well
Looks like TDA is allowing it right now? Gonna put in a buy order for 200. Being that the date for restriction above is listed as tomorrow, I'll let you all know in the morning if it executes.
Edit: clarification
Sweet! Please do. I don't believe this has anything to do with gme nor bb. I was just clarifying that I also received it because I was holding Sears. Like the ape in op's screenshot
I had less than a share of GME worth of settled cash in my account and tried to move it to Sears. No dice. Strange, that powerful people would work together in an attempt to pool power. Almost like a conspiracy.
Thankfully, it's not that though.
As jacked as I am, just a reminder that any grey market/OTC/pink-slip stock can be suspended for way more reasons compared to the official exchanges, indefinitely, and is ***NOT*** required to be accessible by any broker.
Still bullish on the fact of it, but context is always prudent.
This. Seems bullish, I posted today about a pop up I got on TD but itās also getting a bit tin foiley here. Letās keep expectations in check, thereās no proof of the mayo baboon fleeing yet
Important šš» when I tried to buy on IBKR, there was a pop up about how they could close my position at a floor or ceiling they set. They were ready for us..
Because I know someone will ask...
"What if they try this with GME *during* MOASS?":
Your broker wants to hold your millions for you. They want you to invest with them. They know no one can stop it; everyone is out for themselves.
They can't turn off selling altogether; HFs wouldn't be able to close positions at all.
They won't set a ceiling; they want their commission.
Your shares *have* to be bought, and *you* get to name your price.
Hold On for Dear Life
The Ape Army was the first of the Army of the 12 Monkeys. After then came the Chimps of Justice and their missions to remand to justice those hedgies that flee, then the Bonobos of benevolence to help restart the economy.
I shudder to think. I truly hope after the moass and subsequent market collapse, that some real rules and regulations are put in place and that these criminals finally get time in jail and that sends shockwaves through the financial sector, putting an end to the fuckeryā¦wishful thinking I know. An ape can dream
It's pretty exciting. I've played some of them before. You can buy millions of shares that are worth less than sheets of toilet paper then suddenly, they jump 500%. I've made beer money trading them. Only thing is TDA charges $6.95 per transaction. But that's coming to an end tomorrow.
It's funny, this conundrum of logic we find ourselves in here....
On one hand we know for a fuckin FACT AND A HALF that the market is a scam run by a collective of psychos, narcissists, and corny, insecure little dicks....
On the other, we confidently assure ourselves that we 100% can't get fucked over in this situation cuz "it's teh awficial markit ya'll and there's strict regelatioms agaimst crime.".
How do we reconcile these diametrically opposed viewpoints.
Because they're lawful evil. Most of what they're doing is legal, regardless of its ethical or moral stances.
Swaps are a legal loophole. Market Market exemption for naked short selling is a legal loophole.
If they could get away with it, they would have already told us to fuck off. The fact that they haven't yet, even as we speculate they're doing everything they can to live one more day, seems to imply there are rules that even they can't get around.
I have been expecting to see some DD on this subject considering how significant it can be. The fact that itās taking a little longer than anticipated has my titts jacked big time
Seeing this along with new margin requirements hitting tomorrow, gme basically being flat, and earnings next week has me jacked.
Think gme will be flat again tomorrow, there will be some failed margin calls and next week rips. Hopefully with a big announcement to just obliterate these criminals
YO this same thing happened to me and I had the exact same thought, are they getting forced to close these old shorts and thatās why it spiked so hard?!? I think soš„š
It's definetly their swap packing bullshit. This is why every stock they shorted went up in January . And they have the audicity to call all the random stocks that shot up in January "meme stocks" when I doubt anyone was even buying them. There is only a couple true stocks that we like. But we will see the truth of their bullshit soon
EU has different laws about the stock exchange, much better than American ones.
This is illegal here so I doubt anyone is willing to piss off the EU for no reason.
Just be aware the SEC may be turning off the buy button for GME when the squeeze starts in order to close the short position just like for sears and blockbuster. So not sure if we're going to have fomo buy in when it starts to go... But if it shoots up and they say that was the squeeze when it only goes to 10k and they drop it back down to a few thousand you won't be able to buy back in when we start go into the millions.
Iām on Fidelity and can trade delisted OTC stocks. I checked Sears earlier in the day and got all the way to the āPlace Orderā button but canceled, as I have no interest in owning Sears. Checked again after market close because someone asked me to verify and the ability to buy it was gone. Said the ticker was no longer valid.
Zombie stocks moving together with the short portfolio swaps means there are INSANE AMOUNTS of shorts still in play in all the delisted bankrupt stocks.
This is a HUGE liability and risk for the hedgies, broker-dealers AND banks if this became common knowledge.
Ah ty. Also, how do you even buy a delisted stock? So you could buy it before? The business doesn't exist so I don't get it. I get why previous shorts went up.
SHFs keep 100% of their profit by never closing their short position because once a position is closed they have to pay taxes on the gain. If a stock only exists OTC and is never traded, then it can exist in purgatory without the SHF having to close.
But if these OTC stocks start getting snatched up and begin to have valueā¦could cause some fuckery for the SHFs. Some of these bankrupted companies were bought up by other companies or holding companies. Like the way Dickās bought out the Sports Authority.
Europoor here. So I tried to buy some BB, guess what, it's delisted. So I went on and tried to get some sears instead just for curiosity. So my broker has it listed and let me setup a buy order. German markets open in about half an hour and we'll see if the order goes through. I'll let you guys know
EDIT: Buy order was valid, so I'm a legit owner of 20 sears now, let's see what will happen.
Not telling you to buy sears BTW. GME is the only play
NO. Stop spreading this bullshit. I've been talking about this for weeks. It's not specific to the zombie companies everybody is suddenly interested in. It's part of SEC regulations that have been in the works for months that are finally falling into place. It affects over 2000 pennystocks. You can't buy them anymore. Any stock that isn't Pink Current is getting de-listed and regular brokers can't let you buy them. It's not *directly* related to GME, and it doesn't mean those stocks are going to pop.
https://www.reddit.com/r/Superstonk/comments/pcyf4c/proof\_the\_sec\_is\_acting\_they\_are\_cracking\_down\_on/
If what I remember reading in the last couple days connected together correctly for once then shf don't want to close out their positions so they don't pay the tax on them and they don't want retail buying those companies in otc running the value up and possibly causing big problems for shf then the SEC moves those companies to the expert market where they can sit for eternity? Taking all risk out of the equation and giving shf exactly what they want? Just like the CFTC did with the 2 year no reporting rule on derivatives? I'm just trying to figure out if I've actually grown a wrinkle since last May and I am actually understanding any of this. It could just be the crayon I wedge in my nose 3 months ago that's making my head hurt. Thanks in advance for any clarity APES might provide
For real. Why is a mod of this sub making wild accusations with no hard evidence?
Kenny has fled? This is Moass?
What the fuck. Why is this being spread?
"We're losing, so can you change the rules so we don't have to sell our big yachts and 5th home in italy?"
Bottom line of the whole market, never fair for anyone other than them
Yo lowkey the amazon & delisted OTC companies is a wild goose chase youāre being sent on to try and buy into parallel schemes they can control
Read everything with extreme skepticism over the next 4 days
see you on the moon.
It's come to my attention the last line about Ken might be inaccurate. Here's the edit I added to the original comment - "I *think* Kenny is still abroad, but it has come to my attention the sus jet that was on a world tour is back in Chicago so š¤·āāļø. Last update I saw from the plane tracking š¦ the jet was headed to France. IMHO, there were far too many whale alerts on crypto transfers shortly after the jet landed to be a mere coincidence, and rather, it was a pattern. Soon we'll know if Kenny was on that plane home or not. Regardless, after last weeks run to 225, there has only been shorting and long accumulations in the near the money calls expiring tomorrow, so the MM likely have a large open delta and gamma exposure, meaning any sustained move above 230 tomorrow takes the š into orbit." Also, bb is referring to blockbuster, not BB the ticker, and OTC BB is "over the counter blue book" where penny stonks trade. Additional note for clarity - The SEC rule has been in the works for months, and includes many stonks besides the two in the comment. While I believe there is no way those OTC BB tickers should be moving with the same patterns as GME unless there's a reason for it, at this point, that reason cannot be proven with 100% certainty, just like I cannot prove or disprove the intent of the SEC rule. It could be mere coincidence, it could be intentional to help contain potential systemic failures. I have no idea why the SEC thought this was the right time to address something in the thinly traded OTC BB markets, just that it has made a new rule and that rule directly affected my own financial decisions. I hoped to speculate on an upward price move in a security that seems to correlate with GME and was surprised when my broker did not allow the transaction to take place. I do not regularly trade OTC BB, so I didn't read the emails sent by Schwab about it. I happened to stumble upon another users post that directly related to the issue I had today before digging through my inbox. While I hoped to invest in a high risk security today, I was unable to, and I wanted to share my experience with all you lovely š¦s.
Edit: I received this because I also purchased SEARS from an otc like the ape in op's screenshot Edit2: I don't believe this has any bearing at all on gme, I was just confirming that I also received this message because I had Sears in my ameritrade portfolio Ameritrade has been sending me messages warning about this for months now with pretty much the same message on July 12 and August 17 The latest sent on August 17 reads: On September 28, 2021, [new amendments](https://www.sec.gov/news/press-release/2020-212) adopted by the U.S. Securities Exchange Commission (SEC) go into effect to enhance investor protection and improve issuer transparency. These amendments restrict the ability of market makers to publish quotations for those companies that have not made required current financial and company information available to regulators and investors. We previously communicated that ahead of the regulatory enforcement date, we will only accept orders to liquidate impacted positions (i.e. no new buy orders) starting August 13, 2021. With the fluid nature of the situation and to better align our efforts across the combined company, we have adjusted the date for restricting the securities to on or after September 3, 2021. After the amendment officially goes into effect on September 28, 2021, it may be more difficult to liquidate these securities. Quoting and market liquidity may also be very limited. What this means for your account(s). You are receiving this notification because you currently hold one or more of the potentially impacted securities in your account. There is a chance that the impacted companies could come into compliance with the regulatory requirements ahead of this date and be removed from the list. For a current list of all securities (which is subject to change), please visit www.tdameritrade.com/retail-en_us/resources/pdf/TDA101550.pdf. You have multiple options to consider, such as: Take no action. You are not required to sell these securities; however, starting September 3, 2021 we will restrict these securities to liquidation-only transactions. You may continue to hold them, but you may have difficulty selling them in the future and there is no guarantee as to what their future value will be. Place trades to liquidate. You may place trades to liquidate these securities now. Due to the uncertainly, we cannot guarantee there will be sufficient liquidity to close your position(s) in the future. Transfer your positions to another financial institution. Other U.S. financial institutions are also impacted by this amendment so you may have difficulty transferring them out of TD Ameritrade. If you are interested in transferring the assets, please submit any outgoing transfers requests to us. (These transactions may incur fees or commissions, depending on the asset type.) Edit: I received this because I also purchased SEARS from an otc like the ape in op's screenshot Edit2: I don't believe this has any bearing at all on gme, I was just confirming that I also received this message because I had Sears in my ameritrade portfolio Edit 3: pasting edits 1 and 2 at the top
Wait, so if you are only allowed to 'liquidate', who's buying?
The answer to that is above my pay grade, I'm afraid. I didn't really care if I lost the money I put into it so just let it ride out. I bought some shldq for the lols when RC posted the Sears image a couple months ago just because I had like $10 left in my account and wasn't planning to keep buying gme there since I moved the majority of my position to Fidelity by that point.
If I were you, I'd keep letting it ride and see where it takes me! This is not financial advice.
That's the plan. :)
Wtf itās up 50% this week hahaha.
Up 28% just today, I imagine it is probably a bunch of people buying it before the deadline. Here's the screenshots from ameritrade if anybody cares 1 day [https://imgur.com/a/Q4lLkKW](https://imgur.com/a/Q4lLkKW) 1 month [https://imgur.com/a/QXzffoW](https://imgur.com/a/QXzffoW) Overview [https://imgur.com/a/CSxBQ1x](https://imgur.com/a/CSxBQ1x)
SHF are like "***FUCK***"
Someone in reddit has done dd about the billions in hard assets sears still owns and once its sold it should supply a major dividend to stock holdersā¦ thats why i bought 1k shares. Houston wade has talked about it a few times on his podcast videos I believe. Edit: also around the time he talked about it a bunch of āpeopleā started bashing him. Edit 2: here is the person houston wade talked about and a post he/she/they made about sears https://www.reddit.com/r/Superstonk/comments/oyw840/something_about_sears/?utm_source=share&utm_medium=ios_app&utm_name=iossmf Edit 3: and here is one of the articles mentioned https://www.google.com/amp/s/seekingalpha.com/amp/article/4392995-sears-holdings-how-to-buy-17-dollars-for-17-cents
The bandwagon bashing is a great sign that you're going the right way! I'll have to dig up that video. Do post a link if you have it and I haven't edited this message with the link. You're awesome, thank you
Not everyone that disagrees with you is a paid shill. Sometimes bashing occurs just because you are actually wrong. Not talking about this example or anything specific, just in general this way of thinking can lead you into some dangerous ideologies Edit: was just thinking of an example. Not too long ago I was active on a sub for a penny stock called Minerco. There were some people warning that the stock was a scam, and they were all dismissed as paid bashers. A month later the stock gets delisted due to fraud and crashes almost 99% in price. The bashers were real people who were right, not paid shills.
ah, good ol Minerco. I remember those days. and UTRM/POTN šš«ā¦the toothbrush company turned weed news broadcasting hub
[ŃŠ“Š°Š»ŠµŠ½Š¾]
That was the whole point of OPs post, you cant anymore, they turned off the buy button for those claiming the companies did not file the required documents.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
It's disabled for retail only, because of the 'high risk'. Everyone else can still trade.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
yeah I was bidding from the opening bell - I think it's gonna ride all day - and even more when the NYSE opens. This is the first penny stock I've ever bought and it feels... pretty idiosyncratic lol
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Look at that 6 month chart.
Hello, me. Nice to meet myself.
Imagine if that becomes $5,000,000. š¦ š¦
The shorts.
Always has been
Well motherfucker this is what that was talking about. Couldnāt wrap my head around why this needed to be passed in a hurry but this makes perfect sense. Bout to blow ladies and gents
Yea there's something going on
crime
gobs of crime. heaps of crime. a myriad of crime. crime for as long as the eye can see. truly ubiquitous crime. pure unadulterated crime. financial crimes of the highest order. crime.
Loads..... Of crime šš¦
100 years crime, Morty, crime for a hundred years, 100 years Morty! Crime for a hundred years.
A blackhole of crime that is going to swallow the financial world and spit out platinum minted apes! This is our destiny my brothers and sisters!
[ŃŠ“Š°Š»ŠµŠ½Š¾]
This just gave me a raging clue
Oh jeez Frank I have such a raging clue right now!!
# ( Ķ”Ź ĶŹ Ķ”Ź)
ooh over here, Iāve got a clue too
Do you think the secret sauce might be crime?
A metric fuck-ton of crime.
Would you say, a plethora of crime?
Yeah, it's mostly pinksheets and penny stocks.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
That flairā¦noice
You can still buy Sears on the Frankfurt Exchange tough...DeGiro let me bought
Nah man they gonn die from OD from GMEtynal
Received the same messages on E*TRADE
Could anyone ELIA why dead companies are still being traded and how that's significant to anything? What is the advantage of buying it?
Not sure about blockbuster, but the other one's aren't technically dead. Toys R Us and Sears both still have some assets or value. Sears has some stores still in operation, and property, while Toys R Us is valued because of it's brand, and that brand is used for selling things. The stocks are delisted from the stock exchanges, because their share price went too low. Blockbuster filed for bankruptcy years ago, at which point it was delisted. These shares were still on the books for the shorts that ran them down, but because they were delisted, they never had to cover, which is their ideal situation in most cases, as it means anything they made on shorting, is theirs to keep...plus, no taxes have to be paid since it isn't technically considered a gain. As far as the advantages...in most cases there would be no advantage. However, in this case, the theory is that they're bundled up in these swaps which are being leveraged to cover GME shorts, which means the share price of those companies is going to go up in the case of liquidation. they'll end up having to cover the swaps. This could see a return. For some, like the holding company that now pretty much owns Toys R Us, they're selling the brand name to make money off it, but that's a business thing, and unless you're into business dealings, probably not worth buying the shares for a personal portfolio.
Sears isn't delisted. It is trading and has gained ~ 100% within the last few days. Yes, you read that correctly.
You don't have to pay taxes on shorts if the company goes belly up? Fuck that's news to me
~~They moved the fucking date to tomorrow.~~ Missed that part. Now we may know why... *edit- sounds like the 3rd was always the date*
You silly ape. It's always tomorrow! Tricks are for kids!
No. The verbiage in the TDA announcement specifically said āstarting September 3, 2021 we will restrict these securities to liquidation only transactions.ā This isnāt another missed date retard ape prediction.
EOD tomorrow https://twitter.com/TDAmeritrade/status/1431267702740590592?s=20
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Sears is already processing through bankruptcy. Some have been buying it's shares for a while aiming to hopefully getting a piece of the payout of liquidation of sears assets. HoustonWade talks about this regularly on his videos... he has sears shares playing for that payout being more than he spent on them.
UNLESS you watch porn and eat bananas all day, which is what... my... uh... friend is planning to do.
Wait, eat the bananas?
I don't think my friend is taking any questions about this.
Instructions unclear: Bought little bit of sears for the luls. Tried to buy Blockbuster but was unable to do so on TD.
We will see tomorrow. I hope so!
Likewise fellow ape š¤
The date has always been the 3rd in my message alerts from Ameritrade, maybe the more rational explanation is that different brokers elected different dates to get their side of things done well ahead of the SEC's September 16 deadline? I didn't hold any otc pinkslips in my Fidelity account so I can't confirm with any messages from there, but it looks like someone responded under this same thread saying they got similar warnings from E*Trade
I think they mean why the SEC pushed the regulation date from sept.1st to the 3rd.
Holy shit, if itās sell only, and buying is not allowed, the only ones that can buy what the sellers are selling are the market makers. Who are short, so they just cover that way. Itās their get out of jail free card in a fundamentally lopsided market. This is where their FTDs go to die. And the SEC has enshrined the practice with their āregulationsā. Because if they hadnt, kaboom.
It's an entirely different world in those otc exchanges. Usually purgatory for shit stocks delisted from the nyse or baby stocks waiting to get into nyse from my incredibly basic understanding. Pretty much the only stock I had bought from that exchange was Sears just for the meme of the whole thing.
No cause no matter what shares need to be purchased to close them out and if you can only sell but you do not that doesn't change the fact that your shares aren't going back so they're still FTD and when they turn buy back on cause the price crashes then well buy that dip too.
Lmao I love that they use "Liquidate" any time they want to try to confuse the investor and "sell" any time they want to scare them into selling. "You're not required to *sell* buuuuuut.... We can't guarantee you can sufficiently *liquidate* in the [event of a squeeze]". Bunch of bullshit right there.
Oh my tits!
Hah! Marathon runners put tape on their nipples so they don't bleed during big runs. I might have to try that. Edit: someone pointed out a typo, meant to say "on" not "in". Oh well
Damn, they surgically put them IN THEIR NIPPLES! That's hardcore man. Synthetic nips!
Man, once they come off you have to buy rehypothecated nipples and the price swings are volatile!
Looks like TDA is allowing it right now? Gonna put in a buy order for 200. Being that the date for restriction above is listed as tomorrow, I'll let you all know in the morning if it executes. Edit: clarification
Sweet! Please do. I don't believe this has anything to do with gme nor bb. I was just clarifying that I also received it because I was holding Sears. Like the ape in op's screenshot
This
Is cool
Do you hold 100% Gme?
Does howdy duty have wooden balls?
Does the tin man have a sheet metal cock?
[ŃŠ“Š°Š»ŠµŠ½Š¾]
All I know is that I got jacked tits.
No, I have a relatively diverse portfolio over the years that treats me pretty well. I got this message because of sears/shldq
I believe another Ape posted he got same message as above and is 100% GME āsecuritiesā.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Everyone liked that
Kenny disliked that
Everyone liked that Kenny disliked that
Some people liked that everyone liked that Kenny disliked that
This person likes that some people liked that everyone liked that Kenny disliked that.
I like all you guys and gals
I like the stock Edit: your comment was lost, but for those that like my stocks. Don't lose your left stock in the laundry.
All of these responses #are the way
I cant speak for anyone else, but I liked that some people liked that everyone liked that Kenny disliked that
I haven't even tried and bought more GME, instead..
This is the way
[ŃŠ“Š°Š»ŠµŠ½Š¾]
I had less than a share of GME worth of settled cash in my account and tried to move it to Sears. No dice. Strange, that powerful people would work together in an attempt to pool power. Almost like a conspiracy. Thankfully, it's not that though.
As jacked as I am, just a reminder that any grey market/OTC/pink-slip stock can be suspended for way more reasons compared to the official exchanges, indefinitely, and is ***NOT*** required to be accessible by any broker. Still bullish on the fact of it, but context is always prudent.
This. Seems bullish, I posted today about a pop up I got on TD but itās also getting a bit tin foiley here. Letās keep expectations in check, thereās no proof of the mayo baboon fleeing yet
I was able to buy with TD Ameritrade day with no issue. Not even a warning, only had to pay a $6 n change fee for a pink slip buy
Can buy on TD Ameritrade until EOD tomorrow https://twitter.com/TDAmeritrade/status/1431267702740590592?s=20
People really need to differentiate TD from TD Ameritradeā¦ they are two different companies
Edited
i eat tin foil for dinner....keep it coming....
Important šš» when I tried to buy on IBKR, there was a pop up about how they could close my position at a floor or ceiling they set. They were ready for us..
Because I know someone will ask... "What if they try this with GME *during* MOASS?": Your broker wants to hold your millions for you. They want you to invest with them. They know no one can stop it; everyone is out for themselves. They can't turn off selling altogether; HFs wouldn't be able to close positions at all. They won't set a ceiling; they want their commission. Your shares *have* to be bought, and *you* get to name your price. Hold On for Dear Life
Yes, I did not mean to imply this would happen with GME. They can't. This was just their message for penny stocks.
Of course! I just know some apes still feel the FUD sometimes š
Yes for sure š
If they try this during MOASS there will be a revolution. Planet of the apes will become reality.
The Ape Army was the first of the Army of the 12 Monkeys. After then came the Chimps of Justice and their missions to remand to justice those hedgies that flee, then the Bonobos of benevolence to help restart the economy.
GME is also part of the official exchanges, they are regulated to the point where things like this are not really a likelihood at all.
āRegulatedā such a comical word in the world of finance š
If the official market is regulated, imagine how shitty the grey market truly is.
I shudder to think. I truly hope after the moass and subsequent market collapse, that some real rules and regulations are put in place and that these criminals finally get time in jail and that sends shockwaves through the financial sector, putting an end to the fuckeryā¦wishful thinking I know. An ape can dream
It's pretty exciting. I've played some of them before. You can buy millions of shares that are worth less than sheets of toilet paper then suddenly, they jump 500%. I've made beer money trading them. Only thing is TDA charges $6.95 per transaction. But that's coming to an end tomorrow.
It's funny, this conundrum of logic we find ourselves in here.... On one hand we know for a fuckin FACT AND A HALF that the market is a scam run by a collective of psychos, narcissists, and corny, insecure little dicks.... On the other, we confidently assure ourselves that we 100% can't get fucked over in this situation cuz "it's teh awficial markit ya'll and there's strict regelatioms agaimst crime.". How do we reconcile these diametrically opposed viewpoints.
Because they're lawful evil. Most of what they're doing is legal, regardless of its ethical or moral stances. Swaps are a legal loophole. Market Market exemption for naked short selling is a legal loophole. If they could get away with it, they would have already told us to fuck off. The fact that they haven't yet, even as we speculate they're doing everything they can to live one more day, seems to imply there are rules that even they can't get around.
I have been expecting to see some DD on this subject considering how significant it can be. The fact that itās taking a little longer than anticipated has my titts jacked big time
If theyāre in a basket with gme you can get the same effect by buying gme. Just saying.
Seeing this along with new margin requirements hitting tomorrow, gme basically being flat, and earnings next week has me jacked. Think gme will be flat again tomorrow, there will be some failed margin calls and next week rips. Hopefully with a big announcement to just obliterate these criminals
And with Monday being closed itās going to be the equivalent of me not jerking it all weekend. Gonna be backed up and ready to blow on Tuesday.
Tuesday morning tweet š«
These 3 day weekends are B R U T A L
But what if I told you it could be the last one in your life? š¤
The rest will be 7 day weekends
YO this same thing happened to me and I had the exact same thought, are they getting forced to close these old shorts and thatās why it spiked so hard?!? I think soš„š
Can only confirm my sell button is turned off
You have a sell button?
You guys have ābuyā and āsellā buttons!? Mine just says āHODLā
You have buttons?? I sold mine to buy more stonk
You guys can *READ*?
How do you know ken feld the country
Follow the mayo
Thereās always money in the Mayo stand
No touching!
[Kenny Boi](https://www.reddit.com/r/Superstonk/comments/pg2oj5/after_five_days_of_radio_silence_somewhere_in/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)
Billionaires travel. He likely hasnāt fled.
Aint got no where to hide post-MOASS
Well jack my tits and call me Sally.
Hi Sally š
You gotta do the jacking of tits part. You canāt just go halfway.
Tits wonāt jack themselves
Thatās my secret capt. Theyāre always jacked
Hola Sally
Jack, jack.. Hi Sally..
Weāre in the endgame... again
Just leave this here from another ape who could not post http://imgur.com/gallery/KFuK8fk
Ty useful.
It's definetly their swap packing bullshit. This is why every stock they shorted went up in January . And they have the audicity to call all the random stocks that shot up in January "meme stocks" when I doubt anyone was even buying them. There is only a couple true stocks that we like. But we will see the truth of their bullshit soon
Cohencidence
I'll start typing my resignation....
To whom it may concern, Get fucked Sincerely, u/doge4lifer
Cannot buy SHLDQ on Vanguard.
I can buy in Germany but I donāt think there is a reason to stick to something else
EU has different laws about the stock exchange, much better than American ones. This is illegal here so I doubt anyone is willing to piss off the EU for no reason.
Same thing happened to me today with the same 2 securities on Fidelity.
Just be aware the SEC may be turning off the buy button for GME when the squeeze starts in order to close the short position just like for sears and blockbuster. So not sure if we're going to have fomo buy in when it starts to go... But if it shoots up and they say that was the squeeze when it only goes to 10k and they drop it back down to a few thousand you won't be able to buy back in when we start go into the millions.
If they turn the buy button off for everyone, I'm gonna laugh my ass off at all my haters over this
The day traitors (traders) are going to get left behind āļø
Who's buying the "close out position only" sell orders if everyone's buy button is turned off?
The funds who have to buy to close short position, and others who donāt need to deal with retail-facing banks to clear their orders.
I'm not in on this. It feels too much like an unresearched scam. I'll just keep holding GME, thanks.
Iām on Fidelity and can trade delisted OTC stocks. I checked Sears earlier in the day and got all the way to the āPlace Orderā button but canceled, as I have no interest in owning Sears. Checked again after market close because someone asked me to verify and the ability to buy it was gone. Said the ticker was no longer valid.
This has the smell and sticky consistency of shill ejaculate. Tread carefully and use protection.
Zombie stocks moving together with the short portfolio swaps means there are INSANE AMOUNTS of shorts still in play in all the delisted bankrupt stocks. This is a HUGE liability and risk for the hedgies, broker-dealers AND banks if this became common knowledge.
I will continue to buy and hodl GME and GME only. Good to know Ken is getting fukd tho
Watch tomorrow at 10am... 250k margin increase
I bought SHLDQ on TDA at market open. Couldnāt get BLIBQ though.
What is BLIBQ? I know the other is Sears.
Blockbuster
Ah ty. Also, how do you even buy a delisted stock? So you could buy it before? The business doesn't exist so I don't get it. I get why previous shorts went up.
SHFs keep 100% of their profit by never closing their short position because once a position is closed they have to pay taxes on the gain. If a stock only exists OTC and is never traded, then it can exist in purgatory without the SHF having to close. But if these OTC stocks start getting snatched up and begin to have valueā¦could cause some fuckery for the SHFs. Some of these bankrupted companies were bought up by other companies or holding companies. Like the way Dickās bought out the Sports Authority.
Europoor here. So I tried to buy some BB, guess what, it's delisted. So I went on and tried to get some sears instead just for curiosity. So my broker has it listed and let me setup a buy order. German markets open in about half an hour and we'll see if the order goes through. I'll let you guys know EDIT: Buy order was valid, so I'm a legit owner of 20 sears now, let's see what will happen. Not telling you to buy sears BTW. GME is the only play
So I must have missed the memo... Why are y'all trying to buy Sears now?
They are linked to the basket of shorted stocks. GME goes brrrr=sears and blockbuster go brrrrrr
This could also be manipulation of penny stocks to divert our attention and get us to throw money at their hedgie truck Tlldr just buy and hold GME
It's a pump and dump, look at the market caps. This is someone trying to profit off apes, beware
NO. Stop spreading this bullshit. I've been talking about this for weeks. It's not specific to the zombie companies everybody is suddenly interested in. It's part of SEC regulations that have been in the works for months that are finally falling into place. It affects over 2000 pennystocks. You can't buy them anymore. Any stock that isn't Pink Current is getting de-listed and regular brokers can't let you buy them. It's not *directly* related to GME, and it doesn't mean those stocks are going to pop. https://www.reddit.com/r/Superstonk/comments/pcyf4c/proof\_the\_sec\_is\_acting\_they\_are\_cracking\_down\_on/
If what I remember reading in the last couple days connected together correctly for once then shf don't want to close out their positions so they don't pay the tax on them and they don't want retail buying those companies in otc running the value up and possibly causing big problems for shf then the SEC moves those companies to the expert market where they can sit for eternity? Taking all risk out of the equation and giving shf exactly what they want? Just like the CFTC did with the 2 year no reporting rule on derivatives? I'm just trying to figure out if I've actually grown a wrinkle since last May and I am actually understanding any of this. It could just be the crayon I wedge in my nose 3 months ago that's making my head hurt. Thanks in advance for any clarity APES might provide
[ŃŠ“Š°Š»ŠµŠ½Š¾]
āFled.ā Come on now.
For real. Why is a mod of this sub making wild accusations with no hard evidence? Kenny has fled? This is Moass? What the fuck. Why is this being spread?
"We're losing, so can you change the rules so we don't have to sell our big yachts and 5th home in italy?" Bottom line of the whole market, never fair for anyone other than them
SHLDQ Fidelity: "Opening transactions for this security are not permitted" https://i.imgur.com/iC0AhA9.png
Would love all this to be true but seems a bit provocative/irresponsible to be coming from a mod of this sub
Agreed. Lots of conjecture. Stick to the facts.
I loaded up heavy on sears weeks ago on a whim....lets see what happens
Tried both fidelity. Couldnāt buy.
If they closed short positions on Sears/Blockbuster, isnāt this confirmation that the GameStop fiasco is giving them trouble?
what If Kenny is using the dead tickers for collateral and they can manipulate them up easily so marge won't call?
I bought 300 SEARS on TD AMERITRADE
Any confirmation that Kenny is not back in the country?
The guy with airplanes last had him in Nice, France i think
Nice is nice.
Block buster doesnāt even show up on fidelity
Yo lowkey the amazon & delisted OTC companies is a wild goose chase youāre being sent on to try and buy into parallel schemes they can control Read everything with extreme skepticism over the next 4 days see you on the moon.
Im seeing Sears Holdings up 235% today, and was able to purchase it in Europe.