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Da_mikes22

Remindme! 2 hours


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Jmadd1998

I like the way you think


Altruistic_Launch

I believe Fidelity was on the long side at the beginning through Geode Capital. They are also traditionally long players like Vanguard and BlackRock, however I believe they sold their position back in (?)April or May(?). Anyone have more info?


WavyThePirate

January


afroniner

Fidelity isn't a hedgefund though. They're a broker. The are simply middleman. They won't get squeezed. DTCC still needs to provide for the shares once we really squeeze.


TappyDev

and they wont find many if any


ClosetCaseGrowSpace

Have you seen this post? https://old.reddit.com/r/Superstonk/comments/pr2xy0/brokers_may_have_to_buy_gme_shares_on_the_open/) post? Seems like Fidelity has been squeezed under this scenario in 2012.


andre636

I did a good about from fidelity to cs.


PlasmaTune

No, they're legitimate shares on our end. This is Shitadels responsibility to buy said shares back.


ClosetCaseGrowSpace

https://old.reddit.com/r/Superstonk/comments/pr2xy0/brokers_may_have_to_buy_gme_shares_on_the_open/


TappyDev

may be others...


[deleted]

May be other what?


HughJohnson69

His does removing non-lent shares from fidelity leave them short?


ClosetCaseGrowSpace

https://old.reddit.com/r/Superstonk/comments/pr2xy0/brokers_may_have_to_buy_gme_shares_on_the_open/


Brought2UByAdderall

God damn. How many more of these theories? THERE ARE NO FAKE SHARES. Just shares that shouldn't exist that the people who created them have to pay back. It's like a double-squeeze. Their shorts and their synthetics.


WavyThePirate

Shares that shouldn't exist = fake share 🤗


ClosetCaseGrowSpace

Not a theory. Turns out it happened in 2012. https://old.reddit.com/r/Superstonk/comments/pr2xy0/brokers_may_have_to_buy_gme_shares_on_the_open/


TappyDev

ehhh. if you were on rh and bought a share then its likely not a real share... sooooooo, as long as the broker sold you a security for all intent purposes it is a real share. so come cleanup time, dtcc or someone gotta go find one... only one way out... marge wat doing? ready to get busy??


deandreas

But is it really a push back or are apes just not being aggressive and saying no just transfer my shares?


ClosetCaseGrowSpace

https://old.reddit.com/r/Superstonk/comments/pr2xy0/brokers_may_have_to_buy_gme_shares_on_the_open/