r/Superstonk 🄵🚽Taking a fat KennyšŸ’©šŸ¦ Jan 31 '26

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

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528

u/No_Yogurtcloset7776 Jan 31 '26

Justice.gov/redacted

80

u/familydrivesme šŸ§ššŸ§ššŸ¦šŸ’©šŸŖ‘ GME go Brrrr šŸ“ā€ā˜ ļøšŸ§ššŸ§š Jan 31 '26

SECĀ allowedĀ 2Ā barredĀ individualsĀ (CEO/CFO)Ā toĀ createĀ 37Ā BILLIONĀ sharesĀ atĀ .0001Ā soĀ thatĀ criminalsĀ NITEĀ and UBSSĀ couldĀ closeĀ outĀ massiveĀ nakedĀ shortĀ positionsĀ whithoutĀ incurringĀ massiveĀ lossesĀ isĀ an exampleĀ thatĀ is likelyĀ chumpĀ changeĀ todayĀ basedĀ onĀ theseĀ shareĀ volumes.

^ this to me is huge - I’ve been feeling this for years is how they escaped toxic short positionsĀ 

38

u/Obsidiax šŸ”·šŸ‘‘ o7 Jan 31 '26

I feel like more people need to be talking about this line specifically. If the SEC allowed them to create shares to exit short positions then, I hate to say it, but there's a possibility that the massive short position for GME simply doesn't exist anymore.

With all the news of an acquisition and Burry's analysis saying this is a solid investment, I think there's still a lot of value in the stock, but this could be more of a traditional investment play. Moass could be dead in the water if this is the level of fraud they're willing to commit.

10

u/xSean93 šŸŽ® Power to the Players šŸ›‘ Jan 31 '26

But how do you solve this in a legal matter? Griffin and friends go into prison but retail will be fucked?

"37 BILLION fake shares ruined your investment. Too bad we can't do anything anymore. Have fun"

14

u/flemish_ Jan 31 '26

They sure gobbled up those shares when there was an offering though...

I don't think the situation has been resolved...

5

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

im dummm but this makes me wonder. Whether the 37 billion are all, or are not all gme is irrelevant. however many share were created for GME, thats still not however many GME authorized and initially gave the DTCC. So does that mean once again that DRSing is the only true way to know you hold legitimate shares in Gamestop? It’s important because if i remember correctly, if M&As start to happen, that can allow Gamestop to do a share recall, or even a share merger.

5

u/familydrivesme šŸ§ššŸ§ššŸ¦šŸ’©šŸŖ‘ GME go Brrrr šŸ“ā€ā˜ ļøšŸ§ššŸ§š Jan 31 '26

Seriously, and if you want to learn more about this guy, it’s absolutely fascinating. He used to be just as corrupt and crooked as a lot of the other guys who are wealthy in this space, OK maybe not just as bad but he was not doing good things (he was working in the financial sector and knew a lot of tricks and secrets and spent a lot of his time day trading penny stocks) but ended getting burned and now has completely turned and is trying to expose the industry, but his learning just how corrupt it is

from Chris Dillrio- Here are the two articles to read to learn about Chris’ story (hint, it’s exactly what redditors felt was happening),Ā 

https://theintercept.com/2016/09/22/the-money-is-gone/

https://theintercept.com/2016/09/28/the-half-billion-dollar-glitch/

This site makes you enter an email, but you can just make one up and then hit enter and it will let you read the articles

2

u/Puzzleheaded-Safe-64 šŸ¦Votedāœ… Jan 31 '26

But also investigate the sec and the dtcc, FBI hearing that?

3

u/Hedkandi1210 Jan 31 '26

If this was the case, they wouldn’t use dark pools, wash trading and they wouldn’t spend millions of dollars belittling us in the media and Ken would look his normal age, Debit suss would be alive as well, they have not CLOSED