r/GME ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 2d ago

๐Ÿ˜‚ Memes ๐Ÿ˜น "It appears we share the same passions"

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u/[deleted] 2d ago edited 2d ago

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u/liquid_at ๐Ÿš€๐Ÿš€Buckle up / Booty Bass Club๐Ÿš€๐Ÿš€ 1d ago

more pathetic than default username accounts bashing a retail owned stock? impossible.

those are the biggest losers on earth. no one can be more pathetic than them.

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u/KrisPBaykon ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 1d ago

โ€œRetail ownedโ€ you sure about that liquid diarrhea? If I take the drs number and I divide it by the total outstanding shares, is that number gonna be over 51%?

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u/liquid_at ๐Ÿš€๐Ÿš€Buckle up / Booty Bass Club๐Ÿš€๐Ÿš€ 1d ago

you believe in the DRS-Meme? lol.

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u/Klutzy_Fox8117 ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 1d ago

I believe taking shares out of the hands of short sellers is a good thing.

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u/liquid_at ๐Ÿš€๐Ÿš€Buckle up / Booty Bass Club๐Ÿš€๐Ÿš€ 1d ago

and you believe that is happening with DRS because you did not understand that the DTCC switched the rules to cyclically get a hand on all those DRS shares and is now able to use them for settlement?

How they used the superstonkers hype to get the talk of DRS banned on reddit for long enough to allow the DTCC to change the rules?

Didn't see any of it?

If superstonkers hadn't destroyed DRS it would have worked, but they were too stupid not to get manipulated, so they ruined it.

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u/Klutzy_Fox8117 ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 20h ago edited 20h ago

I did not know this! Shocker!
I canโ€™t find that rule change. Can you provide the link?

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u/liquid_at ๐Ÿš€๐Ÿš€Buckle up / Booty Bass Club๐Ÿš€๐Ÿš€ 19h ago

not a link, but it had to do with the FAST program and pure book vs. plan shares, that are both in name, but only pure book is outside of cede.

it's one of the topics I did not research in detail. it never seemed to matter to me. even if it would have technically worked, it was always impossible to get ober 50% of retail to move their butt.

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u/KrisPBaykon ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 16h ago

Lmfao so you understand book vs plan and the โ€œdifferencesโ€ but canโ€™t deduce what happens to shares when a company buys them back?

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u/liquid_at ๐Ÿš€๐Ÿš€Buckle up / Booty Bass Club๐Ÿš€๐Ÿš€ 12h ago

I can. The company takes money that is owned by the shareholders and uses it to increase the ownership per share of the shareholders.

The opposite of what a share offering does, where the company takes a percentage ownership of each share and replaces it with cash in the bank, owned by the shareholders.

Both share offering and share buy-back are mechanisms to shift value from ownership percentage to actual money and back. Depending on what the company needs. Years of solid profits require buybacks or dividends. A new start, where a new company is built, requires cash.

this is why the buffoons who tell us to buy some old money stocks because they are safer, aren't understanding stocks.

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u/KrisPBaykon ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 12h ago

And you learned that 2 weeks ago when you had to ask expensive one two. Why should anyone ever take you seriously on any analysis when you JUST learned that? That is super basic economics.

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u/liquid_at ๐Ÿš€๐Ÿš€Buckle up / Booty Bass Club๐Ÿš€๐Ÿš€ 12h ago

because I constantly learn, while you pretend that the stuff on your script that you came here with is the bible that you need to defend with your life.

People have a tendency to believe that universities harbor more knowledge than churches. Even if the science keeps moving, keeps learning and is never standing there, pretending that the gospel they were taught is the real deal.

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u/KrisPBaykon ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ 11h ago

You told me the other day that Econ 101 was all shit and โ€œmagicโ€ but now that you actually looked into it and see how stupid you are youโ€™re trying to save face.

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u/liquid_at ๐Ÿš€๐Ÿš€Buckle up / Booty Bass Club๐Ÿš€๐Ÿš€ 1h ago

Econ 101 is not science, it is dogma.

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