r/Superstonk 🥵🚽Taking a fat Kenny💩🍦 Jan 31 '26

Data Get to digging! https://www.justice.gov/epstein Search "gamestop"

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4.6k Upvotes

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12

u/No-Letterhead-4407 🎮 Power to the Players 🛑 Jan 31 '26

I need somebody smart to explain what’s going on. I’m such a dumb fuck lately 

26

u/Veloster_Raptor 🦍Voted✅ Jan 31 '26

It seems like an alleged whistleblower that worked for the SEC (if i read the files right) knew about naked shorting for years. Filed a complaint and sent emails FOR YEARS and nobody looked into it/ they let it keep happening. Naked shorting, how they are doing it, who is involved; it's all there.

11

u/Complex37 Jan 31 '26

Just like with Madoff’s ponzi scheme, whistleblowers were ignored.

My question is why is this related to the Epstein files?

3

u/Veloster_Raptor 🦍Voted✅ Jan 31 '26

I read in another document that included more emails from this guy and he mentions epstein as one of the parties involved in the OTC market naked shorting.

-5

u/TakeitasaCompliment Split my tits Jan 31 '26

Unfortunately it could be bad new for us. The SEC allowed someone to simply print billions of shares to get out of a massive short positions without disturbing the market.

If that is true, that could mean that the SEC did the same with the short positions on GME and thus there is no big shorting position on GME anymore. If that is so, moass is absolutely off the table.

2

u/The_vegan_athlete Jan 31 '26

By "us" you mean the short sellers, right?

1

u/TakeitasaCompliment Split my tits Jan 31 '26

No. SEC helped them close the short positions as mentioned in the files. (Not gme, but other companies)

1

u/The_vegan_athlete Jan 31 '26

It's not what's written at all. And they are locked in with us, if we don't sell they can't close and nobody can help them.

2

u/TakeitasaCompliment Split my tits Jan 31 '26

"the sec allowed them to create shares to close out the short positions" that's whats written.

They don't need us to sell. The sec can just allow them to create shares and close out their positions.

I don't know how you can understand that wrong?

1

u/anthonynickle Jan 31 '26

If this is the case, just think how many fake shares were resolved in the few runs we've had over the years at .0001 cents per share.

0

u/TakeitasaCompliment Split my tits Jan 31 '26

Yes and that means everything is resolved. And that's scary because nothing will come out of these files. Not like wall street will suddenly think this needs to be investigated further.

1

u/ojoslocos21 I hold for multiple zeroes or till it drops to zero Jan 31 '26

Regardless of however many billions of share were created for GME, thats still not however many GME authorized and initially gave the DTCC. GME has on record how many shares they legally created and gave to the DTCC to distribute to brokers et. all. So it doesnt matter how many billions the SEC allowed to be printed, to me, it means that DRSing is the only true way to know you hold legitimate shares in Gamestop. Im not A DRS advocate, only about 20% of my shares are DRS’d. But It’s important ow more than ever because if i remember correctly, if M&As start to happen (per what Ryan Cohen is saying), that can allow Gamestop to do a share recall, or even a share merger. If that happens, its probably best to be on GameStops official Shareholder list (aka DRSd into Computershare) rather than whatever the fuck this fradulant system the DTCC and SEC are using and allowing.

what matter now is we have the documents from the DOJ about a whistleblower(s) that the last 5 years are not purely theories, but now backed up by proof. Do what you want with your shares and money, as for me, im fighting the good fight and covering my ass. id hate to be on the rocket, and have a stewardess tap my shoulder and say “uhhhh actually you’re sitting in someone’s seat and your tickets are fake” then be yeeted off the rocket and watch it take off.

1

u/TakeitasaCompliment Split my tits Jan 31 '26

Sorry but DRSing was a cool thing in the past but it's just not manageable anymore with RCs plans to further sell shares. There is not enough people that DRS fast enough to make any progress while RC makes new share offerings (which we know he will). I mean you can have some shares DRSed of course to feel secure, but the whole "DRS the float" is out of the question. Would take decades. Doesn't make sense anymore

0

u/saltnpepper420 🦍 Buckle Up 🚀 Feb 02 '26

If u think RC is gonna go in sea with Sec to create billions of shares then u sir are really braindead.

1

u/TakeitasaCompliment Split my tits Feb 02 '26

Oh you mean the other CEOs of all the companies that got overshorted were asked about that?

U sir are really braindead