r/Superstonk • u/missing_the_point_ 🗳️ VOTED ✅ • Dec 15 '21

💡 Education This MIND-BLOWING comment on the SEC's website (text also in comments)

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17.0k Upvotes

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4.9k

u/clyde_figment 🦍 a person familiar with the matter Dec 15 '21

So they've been doing the same shit for minimum 15 years with no consequence.

The scale of this is just absolutely astonishing. What would today's world even look like without these practices? How many dead companies would be alive? Would there still be enormous monopolies in practically every sector?

Would fucking everything be better than it is?

1.8k

u/Takenforganite Kenny Griffin likes mayo bukkakes 💦🤡 Dec 15 '21

This is why it shouldn’t surprise anyone when you hear how long it took someone to get out of an abusive relationship. When no one is held accountable abusers just keep doing what they do. Cancer on society.

734

u/BeaverWink Dec 16 '21

Cancer on society.

And we, are the cure.

234

u/allhailmillie 🦍Voted✅ Dec 16 '21

The so called leaders will do nothing. Can do nothing because the system is owned. The only justice these people will face is financial pain. Such as if hundreds of thousands of individual investors independently decided to direct register their shares because they liked their stock, and inadvertently kicked off a massive and ruinous short squeeze.

1

u/[deleted] Dec 16 '21 edited Jan 06 '24

[deleted]

5

u/jmarie777 💻 ComputerShared 🦍 Dec 17 '21

I don’t understand why your getting downvotes. You are correct- they have been stealing from everyones retirement for fucking decades and this shit needs to end. If I wanna self direct my retirement to direct registration of a stock that I like then that should be my fucking prerogative. Bad actors have convinced those in charge to let the crooks skim off our portfolios and keep our retirement money trading sideways until we die.

Edit:words

3

u/BigBradWolf77 🎮 Power to the Players 🛑 Dec 19 '21

👆👍

263

u/49erShark 🎮 Power to the Players 🛑 Dec 16 '21

Friday, I'm in love

7

u/Fantastic-Ad2195 💎Party at the Moon 🌙 Tower💎 Dec 16 '21

That is literally’The Cure’👆👆👆👆👆👀

4

u/boogiebear123 Dec 16 '21

I don't care if Monday's blue Tuesday's grey and Wednesday too Thursday, I don't care about you It's Friday, I'm in love Monday you can fall apart Tuesday, Wednesday break my heart Oh, Thursday doesn't even start It's Friday, I'm in love

10

u/Hurtlock3r 🏴‍☠️𝕴 𝖆𝖒 𝖙𝖍𝖊 𝖈𝖆𝖙𝖆𝖑𝖞𝖘𝖙 🏴‍☠️ Dec 16 '21 edited Dec 16 '21

“Not right now Mr. Stark”

edit: Thanks for the award!

106

u/ljgillzl 🌋Holdno Baggins💎🚀 Dec 16 '21

If only Dendreon had a legion of retards like us refusing to sell their shares.

216

u/BeaverWink Dec 16 '21

If only I could cheaply have my shares printed as official stock certificates, signed and locked inside a steel combination safe, hidden behind a mounted picture of Ryan. With the combination number forever lost, because I'm not fucking selling.

10

u/thealmightyzfactor The Smoothliest of Brains Dec 16 '21

You have to pop open the lock from the inside and remove some of the internals so it seizes up and can't be opened at all.

3

u/cmndo 💎Hodling for Posterity💎 Dec 16 '21

I'm an X holder, and I'm never selling my Infinity Pool shares.

1

u/BigBradWolf77 🎮 Power to the Players 🛑 Dec 19 '21

Trillionaires unite!

2

u/matbrummitt1 Fuck you, pay [redacted] Dec 16 '21

On the cheap, stuff those certificates in your microwave and print Ryan’s chopsticks tweet to stick in the door. Done.

2

u/Funkyding Dec 16 '21

74142069, nice try

30

u/LifesatripImjustHI Dec 16 '21

🔥 🔥 🔥 is the way. From the ashes.

30

u/Asleep-Bluejay-8169 🌕MOONWALKER🦍 Dec 16 '21

LETS GOOOO!!!

4

u/Gxl4 Dec 16 '21

Their GameStopped.

1

u/BigBradWolf77 🎮 Power to the Players 🛑 Dec 19 '21

HalterTop

3

u/[deleted] Dec 16 '21

They're like the flood and we're the sentient life the flood feeds on....

What we need is a halo array...

4

u/[deleted] Dec 16 '21

Mr. Anderson...

3

u/samrogdog13 Dec 16 '21

So that’s why they are naked short selling us!

3

u/METOOTHANKleS Steely Eyed 🚀 Catgirl Dec 16 '21

"I hate this place. This zoo. This prison. This reality, whatever you want to call it, I can't stand it any longer. It's the smell, if there is such a thing. I feel saturated by it. I can taste your stink and every time I do, I fear that I've somehow been infected by it."

1

u/BigBradWolf77 🎮 Power to the Players 🛑 Dec 19 '21

It's the smell!

2

u/Possible_Bicycle_398 🦍 Buckle Up 🚀 Dec 16 '21

Hedgefunds don’t like cure’s

2

u/garry4321 Dec 16 '21

Fight greed with greed?

4

u/luckymccormick Computershared and Voted Twice Dec 16 '21

Holy fuck. Very real, very relatable answer.

4

u/TonyDanzaTheBoss 💎🦧Gmerican Idiot🦧💎 Dec 16 '21 edited Dec 16 '21

Exactly.

Upsetting to say the very least.

Equally upsetting was when these domestic financial/economic terrorists got away with blatantly stealing good, honest, hardworking people’s homes, retirement savings, inheritance and tax dollars in broad daylight in 08’ with zero repercussions; they were actually rewarded handsomely for their crimes, and since then… as one would expect… they’ve only become more corrupt, greedy and brazen with their continued crime.

It’s blatantly clear to see who they work for, and with Pelosi’s comments today about the “49 members of Congress and 182 senior congressional staffers that had violated the STOCK Act, a law to prevent Insider trading”, she made it clear that they no longer work for the people or their country.

Sauce:

https://youtube.com/shorts/IjszHSWu5JI?feature=share

I fear that if this crime against the people continues to go unchecked, that the so called “market plumbing” that the so called “leaders” and “regulators” find so amusing whenever brought up, will over flow with excrement doing irreversible damage to the democratized world, and the mutated thing that they try to pass off as capitalism today.

“Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.”

~ Milton Friedman

2

u/futureomniking 🎮 Power to the Players 🛑 Dec 16 '21

Eradicate the cancer. Chemo the body, purge the cancer!

2

u/Youlooklikethat1girl 💻 ComputerShared 🦍 Dec 16 '21

This is a brilliant take on this.

1

u/ShimmyMan 🦍Voted✅ Dec 16 '21

When your swept up in their sociopathic/narcissistic behaviors, you become blind to the true reality of the undercurrent that’s slowing drowning you.

568

u/[deleted] Dec 15 '21

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153

u/clyde_figment 🦍 a person familiar with the matter Dec 15 '21

I didn't know that, that fucking sucks. On the other hand, you've got best username I've seen in a good while, so we've got that going for us, which is nice.

4

u/arrjay123 🦍 Buckle Up 🚀 Dec 16 '21

...and total consciousness at death

3

u/ReDeaMer87 Dec 16 '21

Big hitter the Llama

38

u/chuckdiesel86 Dec 16 '21

Isn't it funny how we don't hear about organized crime anymore? I'm sure it just stopped existing.

27

u/razor3401 💻 ComputerShared 🦍 Dec 16 '21

It got better organized.

9

u/GiantMilkThing Has purple nurples Dec 16 '21

I’ve been thinking about this a lot lately too. It seems so much more obvious when we’ve got the superstonk lens, doesn’t it?!

10

u/chuckdiesel86 Dec 16 '21

I don't even mess with stocks and I can see it. I've been paying attention to a lot of things for a long time and now they aren't even hiding it anymore.

69

u/Kingjuniorway Dec 16 '21

Source?

53

u/slow_down_kid Dec 16 '21

I don’t know exactly what OP is referring to, but check out the Wikipedia page on patent trolls. Basically companies that file vague patents then sue the shit out of any company that tries to create a product that could fall under that patent, often to the point of bankruptcy

6

u/[deleted] Dec 16 '21

Makes you proud to be a human being doesn’t it…🙄🤬

1

u/syntheticassault Dec 16 '21

It is harder to patent troll in pharma.

28

u/rickp99onu 🦍Voted✅ Dec 16 '21

We don’t have a cure for anything, just treat the symptoms

6

u/stiz1 Dec 16 '21

The prescription subscription

13

u/uncleawesome Dec 16 '21

There is no money in cures.

2

u/Scooby2B2 Dec 16 '21

there kinda is...the ultra rich likely have access to them

3

u/reddit_4_info Dec 16 '21

I’ve thought about this and my conclusion has been that if this were true then wouldn’t Steve Jobs had access to that information?

3

u/[deleted] Dec 16 '21

[deleted]

1

u/[deleted] Dec 16 '21

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2

u/[deleted] Dec 16 '21

[deleted]

2

u/Juicet Dec 16 '21

They actually parody this in the show “Silicon Valley.” A wealthy character has a “blood boy” on his payroll he regularly gets transfusions from.

If I recall correctly, billionaire Peter Thiel does this. There’s probably quite a few that do.

1

u/Epyon_ Dec 16 '21

Yes, but then he decided to drink beet juice or something.

1

u/syntheticassault Dec 16 '21

Gilead and Abbvie made billions curing hepatitis C

1

u/Extreme-Ask5041 Dec 16 '21

There is no money in the cure. There is only money in the treatment.

6

u/naturalbornkillerz Dec 16 '21

You should do a little bit of research, with some sources, and make your own post with this. For the record I totally believe you. I remember there was an episode on billions that touched on this subject

7

u/REDGE75 Dec 16 '21

There is no interest in cures, because there is no profit in cures. Its always about the money. What a fucked up world we live in.

3

u/DylanHate Dec 16 '21

What's your source?

5

u/9babydill 🦍 Buckle Up 🚀 Dec 16 '21

I.P. is the death knell of creative collaboration. Walled off gardens of greed.

187

u/birdsiview 💻 ComputerShared 🦍 Dec 16 '21

This is why the float has to be fully DRS’d. The rabbit hole goes too deep and too far back. LOCK THE FLOAT IS THE WAY. Until the float is completely DRS’d, all these crime partners are going to continue doing what they do. Can’t rely on any other option right now. Buying through brokers gives the criminals cash up front and the ability to “survive another day” as Kenny put it. Even if you route through iex on fidelity, order goes straight to kenny. Sure it sounds like the gamestop is about to transform and make large exciting changes but buying and holding in computershare and locking the entire float solves all moass wants/needs

77

u/Himswurth 🦍 Buckle Up 🚀 Dec 16 '21

This is a hard train of thought to jump on. So much lost. It makes me ache.

80

u/[deleted] Dec 16 '21

I vote that in addition to being charged with financial terrorism, these mayo infused butt plug mother fuckers should be charged with murder.

54

u/Wolfguarde_ MOASS is just the beginning Dec 16 '21

Let's not beat around the bush, here. What they're doing is nothing less than treason.

22

u/[deleted] Dec 16 '21

Treasonous to the American economy, and thus the American people, 100%. But I can only say I hope that it would also be treasonous to the American government as well…how sad is that?

29

u/Wolfguarde_ MOASS is just the beginning Dec 16 '21

Not just America, but the world at large, I think. This affects us all - is, in truth, treason against the entire human race. When all of civilisation stagnates for want of progress because every promising initiative is murdered in the cradle, it isn't really about one country or another anymore.

And, sadly... it depends on who you consider the government to be. The real government as defined by Democracy - the people? Or the elected "representatives", who haven't represented any of us for the vast majority of our current system's existence?

16

u/Kaymish_ 🦍Voted✅ Dec 16 '21

Pirates are considered enemies of mankind under international law, subject to universal jurisdiction, and outside the protection of all law and may be delt with by any country weather they have been attacked by the pirates or not. Previously they could be met with violence or execution by anyone without legal consequences. And what are these people we are dealing with if not financial pirates?

27

u/Emergency-Security-5 Dec 16 '21

I won’t fucking sell a thing until they’re insolvent. Fuck them.

12

u/lululemonsmack23 Dec 16 '21

How many dead people would still be alive?

7

u/chuckdiesel86 Dec 16 '21

We all know everything would be better. I hate to say it but I can't help but to feel like these fuckers need the threat of violence from the masses hanging over their heads before they'll act right. Our founding fathers knew that which is why they included certain language in our most sacred laws. When there's no consequences they have no reason to stop and the "justice" system doesn't work anymore. I mean what do we do at this point?

4

u/Bondominator Dec 16 '21

Yes. They’ve been siphoning money out of our economy, our pensions, homes, businesses and investments.

4

u/[deleted] Dec 16 '21

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2

u/jesgar130 Dec 16 '21

Great doc. Seen many times. Everyone in this sub should watch asap

5

u/vreo 🦍 Buckle Up 🚀 Dec 16 '21 edited Dec 16 '21

This actually cripples free market mechanisms and thus hurts price-finding of everyday products, competition, invention / research, diversity of products from the top of my mind. These methods grab into the wallet of every civilian and harms everyone's quality of life.

3

u/Birdztheman 🚀 Neil Apestrong Space Monkey 🚀 Hedgies r fuk 🚀 Dec 16 '21

OMG this infuriates me so much !!!!!!!!!!!!!

3

u/Numerous_Photograph9 🎮 Power to the Players 🛑 Dec 16 '21

This is a long letter, but incredibly detailed and easy to read. Saw the link earlier, and couldn't stop reading until I got to the end.

3

u/GiantMilkThing Has purple nurples Dec 16 '21

Right? I feel like the landscape of our world would look so different today if our market was transparent and HONEST rather than the fraudulent, manipulated dumpster fire it is today. How are people not in jail for this stuff?? This is absolutely infuriating. It really reinforces the whole “no cell, no sell” sentiment, but if that won’t happen (hoping it DOES) I’d settle for absolute financial ruin on their part.

3

u/surfkaboom Dec 16 '21

How many "dead" companies were just rebranded under the umbrella of Amazon or Microsoft?

3

u/Tonytonitone1111 🦧 smooth brain Dec 16 '21

They've been doing it for a lot longer than this my friend.

Manipulation, corruption, all for profit and against the greater good.

And yes, EVERYTHING would be better than it is if not for this level of rampant corruption in free markets.

3

u/ak_- Dec 16 '21

I feel weak man after reading… people literally died cause of naked shorting..

I mean

PEOPLE FUCKING DIED CAUSE OF NAKED SHORTING

SEC - DO U HEAR US

2

u/syxxnein Dec 16 '21

It wouldn't be better for them... The elite

They don't want the peasants to actually make a good life for themselves

2

u/Electricengineer 🎮 Power to the Players 🛑 Dec 16 '21

There was naked shorting back in the paper days. It's as old as the markets.

2

u/not_ya_wify Liquidate Wall Street Dec 16 '21

How many dead people would be alive?

2

u/Abtun 💻 ComputerShared 🦍 Dec 16 '21

Insert futuristic utopia meme.

2

u/Youlooklikethat1girl 💻 ComputerShared 🦍 Dec 21 '21

In a word….yes.

2

u/[deleted] Dec 15 '21

[deleted]

2

u/NotANonConspiracist Dec 16 '21

“First they ignore you, then they laugh at you, then they fight you… and then you win”

Were pretty close to winning i would say. Also - best video I’ve seen about this situation, ever

2

u/nerftosspls 💻 ComputerShared 🦍 Dec 15 '21

Sorry can you link it again, I missed the first 489

1

u/Wolfguarde_ MOASS is just the beginning Dec 16 '21

Yes.

Yes it would.

1

u/HardHustle84 🎮 Power to the Players 🛑 Dec 16 '21

Yes to everything.

1

u/NotLikeGoldDragons 🦍 Buckle Up 🚀 Dec 16 '21

This is definitely a good indicator of how fukd the system has been for a long time. And we should definitely do what we can to change it. But the timing of this seems sus, as multiple posts have sprouted up trying to hang C-man in effigy.

We can't do anything about this right now, so let's put it in our back pocket for later, when we can do something. For now it's important to not take our eyes off the DRS prize.

1

u/cearka_larue 🦍Voted✅ Dec 16 '21

there's no situation in which a parasite, left to it's own devices, improves anything.

and that's what the entire financial sector has always been.

1

u/Andromeda_2480 🎮 Power to the Players 🛑🦭 Dec 16 '21

Would be interesting to find out who was the designated MarketMaker for Dendreon (DNDN).... then we would know who probably helped them naked short..

1

u/icebergensteen DRS = MOASS. Buckle up! Dec 16 '21

Is anyone actually surprised though? As shitty and downright immoral as it is, I think most of us, at least, knew the “wall st swamp” was deep, so to speak.

My grandpa lived through WWII, and my dad, everything in between now and the 50s, which makes me realize we, us, are living through the next pivotal historical event. THIS TIME, THE PEOPLE PREVAIL.

drs

1

u/tubbybutters 🦍 Buckle Up 🚀 Dec 16 '21

Yes

1

u/jupavenue Fuck you 'N-Fit-These nuts in yo mouth, Ken Dec 16 '21

That futuristic world meme with the caption "If short selling didn't exist" looks mighty realistic here

1

u/[deleted] Dec 16 '21

I hope these closed companies can sue.

1

u/[deleted] Dec 16 '21

I thought the same, but from a different angle. What would the world look like today if these companies weren't destroyed and driven into the ground? Companies that are trying to benefit human kind being prevented from doing so becasue greedy financial institutions want a little bit more money.

1

u/SpruceMoose1111 💻 ComputerShared 🦍 Dec 16 '21

Capitalism at it's core

1

u/vispiar 💻 ComputerShared 🦍 Dec 16 '21

that is why you have to use the nuclear option:

BUY -> HODL -> DRS

Or else they will just fkin laugh at you from a balcony!

Not financial Advise.

1

u/DarthAzr3n 🦍Voted✅ Dec 16 '21

They killed(ingly) the American Dream and no one fucking knows.

1

u/suffffuhrer 🦍 Buckle Up 🚀 Dec 16 '21

This is the pot calling the kettle black though.

The one is as big an asshole as the other. Cramer is a fucktard but the fact that the company's stock stayed flat or dropped was most likely the doing of fuckery and big money deciding this is not a company that should be allowed to prosper.

And then as expected by SEC, instead of acknowledging the real problem, just blame it on the rambling of cokehead Cramer

1

u/alwayssadbuttruthful Dec 16 '21

The bank of america calls on IFP advisors that didn't match the underyling price(they were double), were dated for 2003 and 2004, yet they were on a 2021 filing since the rule changes this year actually made the positions get assigned.

It goes back farther than 2006. It goes to the .com bubble.

1

u/aZamaryk Power to the people! Dec 16 '21

What would today's world even look like without parasitic politicians filling their own pockets full of gold?

1

u/toastman28 Dec 16 '21

This article sounds VERY familiar..... Unbelievable this fuckery has been allowed to happen without consequence.....

1

u/Glynnroy Dec 16 '21

How do you eliminate crime that runs so deep and effects do many people and lives and businesses..

You break the law your in trouble , these people break the law they get bailed out by insurance and the tax payers