GameStop Short FTD Squeeze Timeline

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u/jasonwaterfalls96 Sues GameStop To Release The Raw Vote Count

u/jasonwaterfalls96 is suing GameStop to release the non-normalized vote count of the last board election because there are numerous reports of shareholders unable to vote, yet the reported vote tallied nearly the entire free float.

ComputerShare Accounts Reach 584,xxx

ComputerShare Accounts Reach 500,xxx

ComputerShare Accounts Reach 437,xxx

ComputerShare Accounts Reach 398,xxx

#CitadelScandal Aerial Billboard Flies In Spite Of Legal Threats From Citadel

Financial Times Exposes Bias

Citadel claims to be battling online trolls, when really the world is awakening to the financial crimes Citadel commits on an ongoing basis. Citadel tries to paint angry retail investors who wish to hold entities like Citadel accountable for the crimes they commit, and with more than comparatively minuscule fines that equate to a slap on the wrist, as conspiracy theorists and baseless angry mobs.

ComputerShare Accounts Reach 359,xxx

TD Ameritrade Claims ComputerShare Has Delays, ComputerShare Denies

E*TRADE Users Report Delays To DRS Their $GME Shares

Indicative that not only did E*TRADE likely not actually purchase all shares on behalf of their clients, but that they (speculation) may be engaging in contract for difference, a practice banned in the USA.

Fed Overnight Reverse REPO Volume Hits Record High, Again

$1.415840 trillion in daily reverse repo operations awarded at 0.05% interest to 92 Participants, setting another new all-time high.

ComputerShare Account Numbers Increase ~210k In ~1.5 Months

By comparing account numbers shown in screenshots by apes transferring their shares to ComputerShare, a rough estimate of accounts has been derived. This is similar to apes in late 2020 tracking GameStop's orders leaked by their website's incremental integer-based order number system (as opposed to using a GUID-based system). ComputerShare account numbers have increased from ~40,000 on Aug 12, 2021 to ~60,000 by Aug 24, 2021, and now have reached ~250,000 today.

Fed Overnight Reverse REPO Volume Hits Record High, Yet Again

$1.352483 trillion in daily reverse repo operations awarded at 0.05% interest to 77 Participants, setting another new all-time high.

$GME No Longer On Fidelity Top 30 Traded Stocks

After being on the top 30 list for months on-end, $GME no longer appears on the list. This implies that the majority of Fidelity users are purchasing their shares through ComputerShare, GameStop's official transfer agent.

Fed Overnight Reverse REPO Volume Hits Record High, Again

$1.240494 trillion in daily reverse repo operations awarded at 0.05% interest to 78 Participants, setting another new all-time high.

Fed Overnight Reverse REPO Volume Hits Record High

$1.218303 trillion in daily reverse repo operations awarded at 0.05% interest to 79 Participants, setting another new all-time high.

Wealthsimple Canada Suspends DRS Transfers To ComputerShare

CNBC Interview With Loop Capital's Anthony Chukumba

Even though he vowed "to never cover GameStop stock ever again", he still values it at $10/share. He then posted the interview on his LinkedIn following "Don’t hate the player, hate the GameStop…". The internet mocked him relentlessly for his blatant ignorance.

According to u/DacheinAus, "$10 x 76M shares outstanding is $760M. He’s saying a company with a 1.1B revenue stream and 1.7B in cash is worth $1B less than the CASH they have on hand. Yep. That makes sense"

According to DOMO Capital, all of Chukumba's clients who had positions in $GME in 2020 were short in $GME.

Motley Fool Exposes Their Bias

foobar Confirms Departure From GameStop NFT Team

Adult Swim Calls Out $GME In Rick & Morty Commercial

Not so good news... inflation. Good news... $GME.

In the scene immediately after that Rick goes “just push anything we're literally too big to fail”. They immediately after that, pulled in synthetic copies of the collectible robot into their universe that then caused anarchy and they failed. Parallels can be drawn to Citadel's current/predicted situation.

Citadel Files Motion To Dismiss Class Action Lawsuit

Citadel Securities filed a motion to dismiss the complaint against it. The document names one basic reason for which, according to Citadel, the traders' complaint has to be nixed – failure to state a claim.

According to Citadel, the antitrust claim is predicated on the speculative contention that the “meme” stock prices would have been even higher but for the alleged conduct, combined with the absurd contention that every member of the putative class was harmed because they would all somehow have timed the market perfectly absent the restrictions and sold their shares of the “meme” stocks at a profit. But the claim fails from its inception and in fact has nothing to do with competition at all, Citadel argues.

Fed Overnight Reverse REPO Volume Hits Record High

$1.147089 trillion in daily reverse repo operations awarded at 0.05% interest to 77 Participants, setting another new all-time high.

Citadel to Pull $500 Million From Melvin Capital

GameStop Now Offers 40,000+ Products Online

Broker Edward Jones Still Prohibits Buying $GME

GameStop Rebrands Canadian Subsidiary EB Games to GameStop

After much demand from customers, GameStop has decided to fulfill their customers' requests to rename EB Games to GameStop

$GME Is Mentioned On Jeopardy

u/pinkcatsonacid Warns of r/SuperStonk Moderator Team Instability, Is Removed as r/SuperStonk Moderator & Banned

u/pinkcatsonacid brought up concerns about a new r/SuperStonk moderator, u/Hey_Madie. Her concerns were met with hostility by r/SuperStonk's head moderator, u/redchessqueen99, whose judgement was clouded by emotional attachments to u/Hey_Madie. After being called out publicly, u/redchessqueen99 immaturely responded by threatening physical violence and ranting about her own mental struggles. r/Superstonk moderators stripped u/pinkcatsonacid of her moderator privileges and banned her from r/SuperStonk.

On this day ~30k apes migrated to u/pinkcatsonacid's r/GMEJungle.

Loop Capital Markets Analyst Anthony Chukumba Vows To 'Never Cover GameStop Stock Ever Again'

After refusing to do the most basic due diligence, vet GameStop's plethora of new hires, or read their prospectus, in a stunning display of stupidity Mr. Sozzi claims he still doesn't see a future where GameStop successfully transforms itself into a modern gaming hub.

A translation by u/zelbo sums up the situation as, "it's getting harder and harder to lie and claim the company is doing poorly, and the people paying us to lie about it are probably going bankrupt soon, so we're going to go dark for a little bit and hope this all blows over soon."

Revised SR-DTC-2021-005 In Effect

Technical updates into the mechanics of the ledger system for noting when securities are pledged as collateral would prevent shares from being pledged as collateral to multiple Participants. This would curtail a significant amount of naked shorting.

Fed Overnight Reverse REPO Volume Hits Record High, Again

$991.939 billion in daily reverse repo operations awarded at 0.05% interest to 90 Counterparties, setting yet another new all-time high for the second consecutive day, this time almost eclipsing $1 trillion. Traditionally, overnight reverse REPO transactions spike at end of fiscal quarters, which this day was.

Baird Suspends GameStop Coverage

Baird, which receives certain payments on retail options orders routed to Citadel Securities, announced they have suspended GameStop coverage citing lack of clear direction from GameStop leadership as a reason. Citadel Securities is the designated Market Maker for GameStop on the NYSE and is suspected to be heavily underwater with their short position in GameStop.

GameStop No Longer Tradable On German Exchange Saxo

$GME Added To Russel 1000 ETF

SR-NSCC-2021-002 Rule Changes Goes Into Effect

This amendment allows NSCC to demand additional collateral from an at-risk Participant where their risk can be calculated at any time and additional collateral must be posted within 1 hour.

TD Ameritrade Restricts $GME Options Trading To Closing-Only

Citing volatility concerns, TDA will only allow customers to close out options positions of $GME and not open any new positions.

~2.1B Share Phantom Order at Closing Price

At market close, ~2.1B share volume at $209.51/share showed on ThinkOrSwim, totalling ~$434.5B

Citadel Makes Complaint About Lucy Komisar's Latest Article

u/broccaaa, one of the sources interviewed in Ms. Komisar's article, claims Lucy told u/broccaaa the editor of the article has received a complaint by Citadel about a sentence, one which remains unchanged.

Majority Of $GME Shares Traded Off-Exchange

NSCC Reported A $1.06 Billion Margin Breach In January

The National Securities Clearing Corporation reported a $1.06 billion margin breach in the first quarter of this year, the largest by the Deposit Trust & Clearing Corporation's division since public disclosure began in the third quarter of 2015. The peak breach in Q1 eclipsed the previous record for the NSCC of $318 million posted in Q1 2020.

At the end of the first quarter of 2021, NSCC’s 12-month backtesting coverage level was 99.7%, with the 1-month coverage ratio for January at 98.8%, 99.9% for
February, and 99.5% for March. The median backtesting deficiency for the quarter was $3.3 million, which included a maximum backtesting deficiency incurred on
January 22, 2021, for $1.06 billion. The largest deficiency incurred during the quarter was mainly driven by a single security exhibiting idiosyncratic risk

It is highly likely this is directly related to the GameStop run-up in late-January.

Fed Overnight Reverse REPO Volume Hits Record High, Again

$813.573 billion in daily reverse repo operations awarded at 0.05% interest to 73 Counterparties, setting yet another new all-time high for the third straight day.

Matt Furlong Appointed to BOD

GameStop announced the appointment of Matt Furlong to the Company’s Board of Directors, effective immediately. The appointment date aligns with Mr. Furlong’s start date as GameStop’s new Chief Executive Officer.

Former GameStop CEO George Sherman Retired From BOD

Mr. Sherman was instrumental in keeping GameStop afloat during a global pandemic while simultaneously fending off internal sabotage from other BOD and senior exec staff.

SR-NSCC-2021-002 Rule Changes Approved By SEC, Goes Into Effect June 25

The SEC approved SR-NSCC-2021-002 on an accelerated basis.

~4.5:1 Buy:Sell Ratio of $GME by Fidelity Clients

Fidelity customers are still predominantly net buyers. This implies that the majority of Fidelity users are continually buying $GME when possible (pay day) and are generally not selling.

~9:1 Buy:Sell Ratio of $GME by Capital.com Clients

Capital.com customers are still predominantly net buyers.

Fed Overnight Reverse REPO Volume Hits Record High, Again

$765.141 billion in daily reverse repo operations awarded at 0.05% interest to 68 Counterparties, setting yet another new all-time high.

Former Citadel Employee David Lauer Interviewed On CNBC

Fed Overnight Reverse REPO Volume Hits Record High, Again

$755.8 billion in daily reverse repo operations awarded at an increased 0.05% interest to 68 Counterparties, setting yet another new all-time high.

Dr. Michael J. Burry Restores His Twitter Account

After deactivating his Twitter account for a little over two months, he returns with a new Twitter banner depicting a WiFi Network available to connect to labeled "FBI Surveillance Van", confirmed to be from his iPhone in a now-deleted tweet.

Fidelity Reports ~63% of Eligible $GME Shares Were Voted

Fidelity customer service claims in an email reply to u/burningaccountant that as of June 15, 68.995% of eligible GameStop shares were voted.

The Jist AMA with Dr. Susanne Trimbath, PhD

Susanne Trimbath holds a Ph.D. in Economics from New York University and received her MBA from Golden Gate University. Prior to forming STP Advisory Services, Dr. Trimbath was Senior Research Economist in Capital Studies at Milken Institute (Santa Monica, CA) and Senior Advisor on the Russian Capital Markets Project (USAID-funded) with KPMG in Moscow and St. Petersburg.

She previously served as a manager in operations at Depository Trust Company in New York and the Pacific Clearing Corporation in San Francisco; she started her career in financial services operations at the Federal Reserve Bank of San Francisco. Since 1989, Dr. Trimbath has taught economics and finance in university graduate and undergraduate programs as adjunct, associate and full-time professor. In 2009, she was certified to teach in the distance-learning environment by both Bellevue University (Nebraska) and University of Liverpool (UK, by Laureate International, Amsterdam). Dr. Trimbath helped create the Transportation Performance Index for the U.S. Chamber of Commerce (Washington, D.C.) which she used to demonstrate the real economic payoff of investments in infrastructure.

Her most popular book Naked, Short and Greedy: Wallstreet’s Failure to Deliver, is available on Amazon. Following this AMA she adopted the given nickname of Queen Kong.

Ford Equity Research Upgrades GameStop To Buy Recommendation

Ford Equity Research upgraded GameStop to a Buy from Hold rating.

“We project that GameStop will outperform the market over the next 6 to 12 months. This projection is based on our analysis of three key factors: earnings strength, relative valuation, and recent price movement.”

Former SEC Enforcement Officer Claims SEC Investigation Is Not An Investigation Of GameStop Itself

Benzinga Exposes Bias Against GameStop

In this biased article, as a massive insult to actual victims, Benzinga claims that Melvin Capital was the victim of a short squeeze after they & their co-conspirators illegally naked shorted the stock. Apparently, buying & holding makes victims of others /_s

~3:1 Buy:Sell Ratio of $GME by Fidelity Clients

Fidelity customers are still predominantly net buyers. This implies that the majority of Fidelity users are continually buying $GME when possible (pay day) and are generally not selling.

FOIA Request Concerning GME Investigation

In summary, the SEC can't release any information concerning an investigation surrounding $GME because defendants might be tipped off about the contents of an investigation. Reading between the lines, the SEC is investigating the situation.

u/nmorgan81234 has filed an appeal to attempt to collect at least partial information relating to the FOIA request.

Fed Overnight Reverse REPO Volume Hits Record High, Again

$547.808 billion in daily reverse repo operations awarded at 0% interest to 49 Participants, setting yet another new all-time high for the fourth straight day.

George Sherman, Former CEO, Re-Elected to BOD

The board of directors successfully retained Mr. Sherman's many years of retail experience whilst stepping down as GameStop's CEO, handing the reigns over to new CEO Matt Furlong.

Jim Grube Re-Appointed to BOD

Alan Attal Re-Appointed to BOD

Larry Cheng Appointed to BOD

Yang Xu Appointed to BOD

Matt Furlong Appointed as New CEO

Mr. Furlong is a veteran e-commerce leader with significant experience implementing growth strategies across global geographies and product categories. Most recently, he was a Country Leader and oversaw Amazon’s Australia business during a period of substantial growth. He was previously a Technical Advisor to the head of Amazon’s North America Consumer business. Throughout his nearly nine years at Amazon, he also ran a variety of product categories and oversaw strong market share expansion. Mr. Furlong began his career at Procter & Gamble, where he was an executive focused on brand, marketing and sales strategies.

Mike Recupero Appointed as New CFO

Mr. Recupero is a seasoned technology industry finance executive, who spent more than 17 years at Amazon supporting growth across global geographies and product categories. He most recently served as Chief Financial Officer of the North American Consumer business after serving as Chief Financial Officer of Prime Video. He previously served as the Chief Financial Officer of the European Consumer business. He began his career at Amazon, holding Analyst, Manager and Director roles of increasing responsibility.

GameStop Reports Q1 2021 Earnings

Wall Street analysts expected earnings to come in at a loss of 83 cents per share, with revenues totaling $1.2 billion. The more optimistic earnings whisper number was set at loss of 64 cents per share with revenue expected to come in a bit light at $1.16 billion. GameStop actually beat all of these expectations; revenues came in at $1.277 billion during the quarter, up 25.1% from the prior year, and earnings-per-share amounted to a loss of 45 cents per diluted share.

$GME price declined ~$100/share in response to the good news, as is tradition /s

GameStop Annual Shareholders Meeting

The AGM was a short 15 minutes, presented by outgoing CEO George Sherman who announced the vote as valid will all resolutions passing. Following the meeting was a quick talk by Chairman of the Board, Ryan Cohen.

Buckle up.

GameStop AGM Vote Count Almost Entirely Equals Total Free Float

This is indicative that GameStop's vote tabulator, Computershare/Georgeson, has adjusted the votes to not exceed the free float so they can legally be submitted. Considering that some brokers reported that not all of their clients have voted, it is highly probably that more people voted than shares have been issue, implying there is a large short interest and potential for a short squeeze, or more likely, a MOASS.

GameStop Announces New 5M Share ATM Program

GameStop's “at-the-market” offering program for the offer and sale from time to time through Jefferies LLC of up to 5,000,000 shares of the Company's Class A common stock was submitted today to the SEC, along with a prospectus supplement. GameStop intends to use the net proceeds from the ATM Offering, if any, for general corporate purposes as well as for investing in growth initiatives and maintaining a strong balance sheet.

In the SEC filing, they list "short squeezes" as the first listed factor that may influence the fluctuating stock price.

Nearly Every ETF Containing $GME Shorted

eToro Reports 63% of Eligible $GME Shares Were Voted

709,497 shares, representing 63% of GME shares eligible to vote, were voted by eToro's 96,660 GME investors.

709,497 shares / 63% = ~1,126,185 shares held by eToro GME investors by April 15, 2021.

Fed Overnight Reverse REPO Volume Hits Record High, Again

Demand for a key Federal Reserve facility used to help control short-term rates surged to more than half a trillion dollars for the first time ever, accommodating a barrage of cash in search of a home.

Fifty-nine participants on Wednesday parked a total of $502.9 billion at the overnight reverse repurchase facility, in which counterparties like money-market funds can place cash with the central bank. That surpassed the previous record volume of $497.4 billion from Tuesday, New York Fed data show.

Wes Christian Interviewed By Charles Payne on Fox Business

"The simple version would be if you and I, Charles, took our car title and Xeroxed it 100 times and sold it to 100 people and each of them paid us cash but we only had one car, that would be a good analogy to what naked short selling is. In Texas, [the] simple version, we call that stealing."

S3 Partners Claims 10/10 $GME Short Squeeze Potential

Ihor Dusaniwsky at S3 Partners tracks short interest in stocks in real time, has developed a Short Squeeze score, and ranks GameStop’s metric a 10 out of 10 for a short squeeze.

Interactive Brokers' CEO Thomas Peterffy Warns Tempted Short Sellers That Stocks Can Reach "Unimaginable Heights"

Mr. Peterffy contradicts himself when he says naked shorting is impossible due to severe penalties from the SEC, even though IBKR has been fined previously for Reg SHO violations. It is analogous to saying speeding in a car is impossible due to fines police hand out.

As u/ezzune says, "'It is impossible to do' and 'The penalties for doing are severe' are mutually exclusive. Anyone with a brain should be able to see this is horseshit."

UK Broker Trading 212 Opens $GME Voting For Its Clients

UK broker Trading212, due to demand from its clients, has enabled them to cast their vote.

Jefferies Prime Brokerage Blocks Short Sales Of $GME & Other Meme Stocks

Investment Banking Company Jeffries suspends short sells on $GME, $AMC, & $MVIS. Much like cutting someone off at the bar, Jefferies has cut off short sellers.

They have not stated why but it’s likely due to the high risk of shorting these stocks & potential infinite losses.

GameStop used Jefferies to complete the recent 3.5M ATM share offering.

Ryan Cohen Tweets Picture Of A SEARS Being Demolished

On face value, similarities can be drawn between retailer SEARS failing to react to digital times and what likely would've happened to GameStop had Mr. Cohen not taken control of the company. There is speculation that a SEC form ARS may be filed for the upcoming Annual Shareholders Meeting, or that SARs (Suspicious Activity Reports) might've been filed concerning the speculated impossibly-high vote count to be revealed at the upcoming annual shareholders meeting.

Swiss Bank PostFinance Opens $GME Voting For Its Clients

Swiss bank PostFinance, due to demand from its clients, has enabled them to request a control number at the cost of 50CHF.

UK Broker Hargreaves Lansdown Doubles Down On $GME Voting Refusal For Its Clients

The UK broker blames their custodian bank CREST who does not have voting setup as an offering.

German Broker TradeRepublic Does Not Allow $GME Voting For Its Clients

TradeRepublic claims it's clients need to contact GameStop Investor Relations, whereas GameStop Investor Relations claim because the investors are outside of the U.S., voting must be organized through their broker & their brokers US Custodian.

Japanese Broker Rakuten Securities Does Not Allow $GME Voting For Its Clients

Rakuten Securities claims it's clients can't vote because they use Interactive Brokers as their U.S. Custodian who holds the shares under Rakuten's name, not Rakuten's clients names.

Dutch Regulator AFM Releases GameStop Investors Statistics

The AFM has analysed the trading in GameStop shares by Dutch retail investors over the period from January 18 until March 18, 2021. This analysis showed that:

• 29,394 individual Dutch retail investors traded GameStop shares in this period
• These investors had never previously traded in GameStop shares
• At some Dutch brokers, GameStop was the most traded stock in February and March 2021
• The investors trading GameStop shares are mainly ‘younger’ investors
• The average age was 31 years
• Most common age, consisting of 1,698 investors, was 26 years
• 20% of the investors bought at or below $101 per share
• 80% of the investors bought at or below $279 per share
• The average purchase price within this group of investors was $189 per share
• 80% of the investors purchased for a total
  value of $4,270 or less
• The average purchased total value within this group of investors was $11,532
• At least 40 investors purchased for a total value of more than $1 million

$GME OBV Spikes To 1.42 Billion

Per Investopedia: "Granville believed that volume was the key force behind markets and designed OBV to project when major moves in the markets would occur based on volume changes. In his book, he described the predictions generated by OBV as 'a spring being wound tightly.' He believed that when volume increases sharply without a significant change in the stock's price, the price will eventually jump upward or fall downward."

New Zealand Broker Sharesies Requests $GME Non-Vote For Its Clients

Sharesies is still awaiting confirmation from their US execution broker, DriveWealth, to submit the total count of shares held by it's clients.

DOMO Capital Calls Out Biased Fox Business Network Journalist Charles Gasparino

DOMO Capital, longstanding GameStop investors whom Ryan Cohen interviewed before heavily investing in GameStop, calls out Mr. Gasparino for his lack of journalistic integrity.

Honk Kong broker FUTU Opens $GME Voting For Its Clients

FUTU, one of Hong Kong's largest brokers who uses Interactive Brokers as their clearing agent, due to demand from its clients, has enabled voting.

Singapore Broker Tiger Brokers Opens $GME Voting For Its Clients

Tiger Brokers, a smaller Singapore brokerage firm who uses Interactive Brokers as their clearing agent, due to demand from its clients, has enabled voting.

Scandinavian Bank DNB Opens $GME Voting For Its Clients

Norwegian bank DNB, due to demand from its clients, has enabled them to request a control number at the cost of 2,000 kroner that can then be used to cast a ballot at proxyvote.com or attend the AGM in person.

Scandinavian Broker Avanza To Register A Non-Vote Totalling 322,545 Shares

The Swedish broker will report their client's share holdings of ~323k shares at the Annual Shareholders Meeting. Their 22,023 shareholders account for 0.4% of $GME holders.

Scandinavian Broker Nordnet To Register A Non-Vote Totalling 329,812 Shares

The Nordic broker will report their client's share holdings of ~330k shares at the Annual Shareholders Meeting.

u/DA2710 Flies Banner Above Southern Florida

The banner pulled by an aircraft says "BUY HOLD $GME DIAMOND HANDS R/SUPERSTONK"

Class Action Lawsuit Against Robinhood Filed

Rosen Law Firm, a global investor rights law firm, announces the updated July 27, 2021 lead plaintiff deadline in the class action lawsuits filed on behalf of those who were unable to execute trades, sold, and/or purchased certain securities including GameStop on the Robinhood Trading Platform on or around January 28, 2021. The lawsuits variously seek to recover damages for those affected by Robinhood’s alleged market manipulation in violation of Sections 9(a) and 10(b) of the Securities Exchange Act of 1934 (15 U.S.C. §§ 78i(a) and 78(j)(b), and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission (17 C.F.R. § 240.10b-5)).

Ryan Cohen Tweets Picture Of A Tombstone

Tombstones are used to announce a variety of things like initial public offerings or a closed merger & acquisition deal. It is speculated that Mr. Cohen plans to merge GameStop with another corporate entity which would require a new CUSIP, forcing a share recall so that shareholders could receive their new shares with the new CUSIP and possibly triggering the MOASS.

The wording on the image says "RYAN COHEN, R.I.P. DUMB ASS", which can be read as an anagram saying "MOASS NEAR CHIN UP B RDY", or "BUY THE DIP R CHN" which can be extrapolated to "buy the dip -Ryan Cohen". Other speculations include the financial term rip which means a dramatic upward move in the price of an asset, relative to surrounding price moves.

CNBC Continues Biased Reporting

CNBC chose to report $GME not being as high as the January mini-squeeze price instead of reporting on it rising over 1100% year to date, and excluded it from their retail winners list even though $GME was up more than 15% compared to the previous day.

u/atobitt Releases Exposé on FINRA: House of Cards - Part 2

In u/atobitt's latest DDs, he makes the case that self-reporting organizations which have little oversight are highly ineffective at regulating the industries they're charged with regulating.

u/atobitt Releases Exposé on FINRA: House of Cards - Part 3

"The current short interest reported by FINRA from fund data on stocks is absolute bull, and always has been.

This is because funds have been found guilty of violating short interest report rules for decades, especially when their short positions were clearly illegal (i.e. naked shorting [obviously]).

We can also see through the ridiculous volatility and volume levels of GameStop that shorts indeed have not covered and that they're still holding unspeakable levels of short positions on the stock.

And now because the vast majority of GameStop share owners [are] buying and holding their shares (and if they continue to do so), the true short interest will inevitably reveal itself and we'll be in for the short squeeze of our lives."
Quote by u/fortifier22

Ryan Cohen Tweets American Dad Clip

In this clip, a little fish hidden in Steve's shorts floats him up to the surface.

Reddit r/Superstonk AMA With Lucy Komisar

In this follow-up interview, Lucy shares the history and the purpose of the formation of the SEC as well as details on their regulatory oversight.

Interactive Brokers Lists $GME As Highest Short Value & Most Demanded Security

The borrow fee however still remains near 1%

Fed Overnight Reverse REPO Volume Continues To Climb

On this day, ON reverse REPO agreements volume surpassed the COVID peak volume in March, 2020.

German Broker Comdirect Adds $GME Voting Capabilities

Several overseas brokers do not allow their clients to vote on foreign proxies. Due to demand from $GME holders, Comdirect has added $GME voting abilities.

German Broker Trade Republic Adds $GME Voting Capabilities

Several overseas brokers do not allow their clients to vote on foreign proxies. Due to demand from $GME holders, Trade Republic has added $GME voting abilities.

Over 7.6M Shares Of Worthless Puts In Open Interest

This gives more credence to the married put theory of hiding FTDs and the true Short Interest.

Robinhood Provides Wildly Inaccurate Cost Basis

Investors who transferred out of Robinhood to other brokers were surprised to find out weeks later the cost basis of their holdings reported by Robinhood. Some people claim shares were purchased at prices higher than the record high of $483 in late January. This sparked much speculation about the reasons, including poor backoffice record keeping, to a JIT (just-in-time) model, to outright fraud.

Reddit r/Superstonk AMA With Wes Christian

Wes is a fourth generation Texan, who has handled complex litigation in at least eight different states and two countries. Most of these cases have been in State or Federal Courts; some have been complex arbitrations.

He is licensed to practice in 11 Courts across the U.S. and everywhere in Texas and New York. His primary focus in the last 11 years has been suing Wall Street for fraud. He has also handled many disputes involving breach of contract, fraud, wrongful death, intellectual property, breach of fiduciary duty and serious personal injuries or wrongful death actions.

FINRA Passes SR-FINRA-2021-009 Rule Changes To Increase Liquidity Requirements

FINRA is proposing to adopt a Supplemental Liquidity Schedule (SLS) in which SLS would be required to be filed by each member with $25 million or more in free credit balances (read: margin account) and by each member whose aggregate amount outstanding under repurchase agreements, securities loan contracts, and bank loans is equal to or greater than $1 billion.

Webull's Biased Campaign Against $GME Holders

Webull alerts it's users that $GME is declining 0%, exposing their ongoing bias against $GME holders.

99% Of Broker CMC Markets' $GME Clients Have Not Sold

Client sentiment, which includes data on number of clients, client position value and combined view, is a graphical representation of clients with an open Position in this Product by reference to the direction of their Position (buy or sell).
The total number of clients with open Positions in this Product, as a percentage of bought to sold as at the time of measurement.
The total position value (Units * Level 1 Mid-Price) of open positions in this product, as a percentage of buy to sell, as at the time of measurement.

u/WardenElite Is Removed As r/Superstonk Moderator

After posting a DD claiming that setting stop losses below VWAP and using market sell orders during the squeeze were good ideas, apes called him out and within mere hours, r/Superstonk mods assembled and collectively agreed to remove disgraced u/WardenElite from the mod team, although he resigned under his own volition first.

Interactive Brokers Lists $GME As Highest Short Value & Most Demanded Security

The borrow fee however still remains near 1%

Canadians Count Proxy Control Numbers Issued, Already Eclipsed 100k

Canadian GameStop investors noticed that the unique proxy control numbers are given in sequential order and began a spreadsheet to track them. The numbers appear to be unique per country, not per broker. While unique proxy numbers have been tracked from the low 4-digits, they have tracked as high as 6-digits, implying Canadians alone account for ~100k+ GameStop investors.

~2.7M Volume of $GME Disappears

The mysterious volume glitches continue.

Refinitiv/Verus Upgrades GameStop To Hold Recommendation

Ford Equity Research Reiterates Buy Recommendation

SR-NSCC-2021-002 Rule Changes Delayed By SEC For Additional Comments

After receiving numerous comment letters about the proposed rule change, the SEC decided to extend the comment period of SR-NSCC-2021-002 to May 31^st from May 7^th before rendering their judgement to DTCC by June 21^st.

SR-NSCC-2021-006 Rule Changes Proposed To Speed Up New Rule Changes

NSCC is proposing to delete a requirement in Rule 33 that Members and Limited Members be given 10 business days’ notice of any proposed amendment to the Procedures. NSCC is also proposing to replace “immediately” with “promptly” in Rule 36 in order to provide that NSCC will promptly—but might not immediately—notify Members and Limited Members of any proposed rule changes. Once approved by the SEC, this will allow NSCC to enforce procedure changes quicker that otherwise would've required a 10 day notice following SEC approval.

Fidelity Increases Limit Order Pricing To 500% Above Market Price

A common complaint by Fidelity customers was that they could only submit orders that were 50% above the current trading price of a ticker. Fidelity has listened to their users and increased the limit to 500%. Their new formula for calculating the limit is simplified as: (Stock Price x 500%) + Stock Price = New Sell Limit Max. For example, a stock currently trading at $100/share could submit a sell order for up to $600/share instead of the previous limit of $150/share. This is still a far cry from some Redditors committed to not selling until $GME reaches $10M/share, but a step in their desired direction.

BlackRock Files 13F Containing ~9.2M $GME Shares

BlackRock holds primarily through ETFs 9,175,737 shares worth ~$1.75B, amounting to ~13% of GameStop's shares outstanding.

Australian Broker CommSec Reports 90% Buy:Sell Ratio

Australia broker-dealer Commonwealth Securities reports $GME being the second most traded international stock with an average 9:1 buy:sell ratio amongst their customers.

South Korean Broker Kiwoom Automatically Submits GME Votes On Behalf Of Their Investors

u/NyamNyam1227 received a notification from the largest broker in South Korea, Kiwoom, notifying them that unless they wish to vote "No" to any of the proxy questions, Kiwoom will automatically submit their vote answering "Yes" to all questions.

Scandinavian Broker Nordnet Does Not Allow $GME Voting For Its Clients

"Hi, after many inquiries, we thought it would be nice to have a brief explanation of voting at the General Assembly in the United States. It is not possible to vote at a general meeting in the United States. All US shares are stored in a joint nominee account through our custodian bank and it is therefore not possible to vote for these. Nordnet never votes for any general painting on behalf of our customers."

S&P Upgrades GameStop's Rating, Removes GameStop From CreditWatch

S&P Global Ratings said in a note that it lifted GameStop’s credit rating to “B” from “B-” and removed it from CreditWatch after the company issued $550 million in equity and redeemed all balance sheet debt.

“We expect these actions to provide additional runway to achieve its business transformation initiatives, provide liquidity, and improve GameStop’s financial risk profile,” S&P analysts wrote.

S&P's move was seen to help the company significantly, by putting it into a better position to negotiate terms with suppliers.

~1M Volume of $GME Disappears on Lowest Volume Day Of 2021

The next lowest volume date was April 29, 2021, with ~1M more volume (3,753,500). $GME traded 2,768,890 in volume this day. During after-hours ~1M of volume was inexplicably deleted. Depending on brokerage, some display the ~-1M volume as a single after-hours candle, whereas others do not and instead show a total volume of the day at ~1.7M instead of the original closing volume of ~2.7M. It is believed the change in volume was caused by CTA restarting frozen software that tracks volume, however a later post mortem revealed it was Tape B that was having issues and was restarted which did not affect $GME because $GME resides on Tape A.

Fidelity Adds 4.1M New Clients In Q1 2021

It is presumed that a lot of the newly gained customers fled from Robinhood.

Former Citadel Employee David Lauer Does AMA For r/Superstonk

A message from Dave Lauer: "I built low latency trading systems, and then worked as a high-frequency trader at Citadel and then Allston Trading. I left about a year after the Flash Crash (2011), disturbed at the impact of HFT on markets. I have since testified before the US Senate, worked with the SEC and CFTC, helped institutional investors understand market structure, represented them in DC, and quantitatively analyzed their brokers' order routing algorithms. I worked with IEX early on, and sit on the board of Aequitas NEO in Canada. I also sit on FINRA's Market Regulation Committee. The last 2 years I've focused on novel applications of AI, both in finance and beyond, and am also on the founding editorial board of the Journal of AI and Ethics."

GameStop Expands Fulfillment Network with New Facility in York, Pennsylvania

GameStop announced the expansion of its North American fulfillment network through its entry into a lease of a 700,000 square foot fulfillment center in York, Pennsylvania. This facility is expected to be operational by the fourth quarter of 2021 and will support ecommerce and fulfillment needs. The Company expects its fulfillment center in York, Pennsylvania will position it to grow product offerings and expedite shipping across the east coast.

Claims of Bots Spamming YouTube Comments Promoting Robinhood

Claims surface about bots spamming YouTube comments recommending that people switch brokers over to Robinhood. It has been estimated that Robinhood has already seen ~8M+ users transfer out to Fidelity alone, representing close to half of their customer base.

Claims of Taipei Brokers Unable To Fill Large $GME Orders

Ape Andy says his friends in finance in Taipei are only able to have small orders filled by brokers due to a lack of shares available

4.75:1 Buy:Sell Ratio of $GME by Fidelity Clients

Nearly 3.5 months after the January mini-squeeze, Fidelity customers are still predominantly net buyers. This implies that the majority of Fidelity users are continually buying $GME when possible (pay day) and are generally not selling.

Apex Clearing & Interactive Brokers Named In New Lawsuit Over January $GME Halts

Interactive Brokers Group and APEX Clearing Corp. were hit with a securities lawsuit Friday in Florida Southern District Court. The lawsuit, brought by Gucovschi Law, is part of a spate of similar litigation over the January trading halt on GameStop and other securities. Counsel have not yet appeared for the defendants.

Ryan Cohen Tweets A Clip From South Park About Hankey The Christmas Poo

The episode containing this caption centers around an animated poop that only one person can see, but by the end of the episode everybody can see that it is real. Basically, shit got real, which could be analogous for short sellers.

Reddit r/Superstonk AMA with Dr. Susanne Trimbath, PhD

Susanne Trimbath holds a Ph.D. in Economics from New York University and received her MBA from Golden Gate University. Prior to forming STP Advisory Services, Dr. Trimbath was Senior Research Economist in Capital Studies at Milken Institute (Santa Monica, CA) and Senior Advisor on the Russian Capital Markets Project (USAID-funded) with KPMG in Moscow and St. Petersburg.

She previously served as a manager in operations at Depository Trust Company in New York and the Pacific Clearing Corporation in San Francisco; she started her career in financial services operations at the Federal Reserve Bank of San Francisco. Since 1989, Dr. Trimbath has taught economics and finance in university graduate and undergraduate programs as adjunct, associate and full-time professor. In 2009, she was certified to teach in the distance-learning environment by both Bellevue University (Nebraska) and University of Liverpool (UK, by Laureate International, Amsterdam). Dr. Trimbath helped create the Transportation Performance Index for the U.S. Chamber of Commerce (Washington, D.C.) which she used to demonstrate the real economic payoff of investments in infrastructure.

Her most popular book Naked, Short and Greedy: Wallstreet’s Failure to Deliver, is available on Amazon. Following this AMA she adopted the given nickname of Queen Kong.

43% of Robinhood’s Q1 2021 Revenue Is from Citadel

Citadel pays Robinhood in a payment-for-order-flow (PFOF) arrangement.

Telsey Keeps $30 Price Target on GameStop

Despite the morning pop, Telsey Advisory Group says the meme stock is still an unattractive investment that hasn't given any clarity on its turnaround plan.

r/Superstonk Is Polled To Determine Shares Held By Its Users

After two polls and comparing to another user's results, u/TheCaptainCog estimates r/Superstonk subscribers own between 27 million and 35 million shares of $GME. This does not take into account any other retail investors not subscribed to r/Superstonk. At the time of this post, it was estimated based on information from the Proxy documents that the free float is only ~59M shares, implying the subreddit's users alone hold half the free-trading float.

Ryan Cohen Tweets A Clip From South Park About Long Trains

The full clip involves the South Park kids watching a train safety video featuring several people in different clips getting mowed down by trains when they had ample time to move out of the way. The implication is that $GME shorts had plenty of time to get out of the way of the "long train"

11:3 Buy:Sell Ratio of $GME by Fidelity Clients

Nearly 3 months after the January mini-squeeze, Fidelity customers are still predominantly net buyers. This implies that the majority of Fidelity users are continually buying $GME when possible (pay day) and generally not selling

u/atobitt Releases Exposé on the DTCC: House of Cards - Part 1

TL;DR- The DTC has been taken over by big money. They transitioned from a manual to a computerized ledger system in the 80s, and it played a significant role in the 1987 market crash. In 2003, several issuers with the DTC wanted to remove their securities from the DTC's deposit account because the DTC's participants were naked short selling their securities. Turns out, they were right. The DTC and it's participants have created a market-sized naked short selling scheme. All of this is made possible by the DTC's enrollee- Cede & Co.

Redditor In Ape Mask Pickets Citadel Headquarters With Sign Saying "THE END IS NEAR"

This was the evening after several posts discovered that Citadel and other major U.S. banks were working non-stop into the early morning hours.

DTC-2021-006 Rule Change to Eliminate Security Holder Tracking Service

The proposed rule change would remove the never used (since 2008) Security Holder Tracking Service which was designed to prevent more shares trading than exist.

Reminder Issued About Approaching End of SEC Enforcement Grace Period of Rule 15c3-3

As of April 22, 2021, broker-dealers will be required to bring themselves into compliance margin requirements. Rule 15C3-3 established the requirement to keep enough cash and securities in a segregated account that will cover a portion of the costs of a major market move

u/pinkcatsonacid Is Approached To Shill on Reddit

A prominent (and future mod of r/Superstonk) poster was approached by a social media agency to be paid to post content on behalf of an unnamed client in exchange for compensation, which she ultimately declined. A screenshot of the initial conversation, and the first minute of a subsequent phone call to discuss the offer were posted as proof in the Reddit thread.

Interactive Brokers Updates Margin Lending Agreement

The new agreement gives IBKR more flexibility in determining how risky a trade is considered and gives them more flexibility to forcibly liquidate positions held in margin accounts.

u/DeepFuckingValue Final YOLO Update

DFV sees ~$30.9M in unrealized gains. He exercised his 500x 4/16/2021 $12 calls and purchased an additional 50k shares for a total of 200k shares. Account balance, including cash and realized & unrealized gains, totals ~$34.5M. This reinforces a lot of trader's beliefs that the squeeze has not squoze and that he simply likes the stock.

Ryan Cohen Tweets A Fist Bump Emoji

Presumably as a nod to DeepFuckingValue for exercising his 500x $12 calls and adding an additional 50,000 shares to his position.

New SEC Chairman Gary Gensler Confirmed

Gensler, who began his career as a banker at Goldman Sachs is one of the few Wall Street veterans to win the adoration of the left wing of the Democratic Party after he proved willing to take on the financial services industry as chairman of the Commodity Futures Trading Commission, where he helped craft the Dodd-Frank reform legislation and aggressively implemented new rules regulating the derivatives market.

Lawsuit Against DeepFuckingValue Dropped

Christian Iovin's lawsuit against Keith Gill, believed by many to be frivolous, alleging DeepFuckingValue manipulated GameStop's stock, was dropped without prejudice.

Outgoing CEO George Sherman Forfeits ~587k Shares

Mr. Sherman forfeited 587,248 shares, valued at ~$98M, due to not hitting performance targets. He still holds 1,774,422 shares worth ~$291.3M.

Better Markets Files Amicus Brief To Fight Against HFT Abuse

Today’s securities markets are prone to abusive high-frequency trading practices due to their fragmentation, advances in computer trading technology, and current regulations that allow firms to exploit minuscule time delays embedded in the trading and price-quoting process. Citadel and a handful of other HFT firms spend vast sums to acquire sophisticated computer software, gain access to trading data ahead of other market participants, and acquire data feeds that supply them with non-public information. In addition, they pay to attract order flow from other brokers, which fuels their trading strategies. As a result, they enjoy highly profitable advantages over other market participants.

DTC-2021-005 Rules Changes Removed From DTCC Filings Listing

The rules changes that would prevent a share from being lent out multiple times no longer appears on the DTCC filings listings. Emails to the chief legal council were replied with assurances that it was pulled for further technical revisions. Seeing as the big banks have controlling seats at the DTCC's BOD, it is speculated that this rule which would gravely impact the ability of large institutions to naked short would cut off a valuable income stream and/or cause considerable pain for those who have naked shorted.

GameStop CTO Hiring Top Software Engineer

Implying GameStop is looking to revamp using a modern tech stack including ReactJS, AI machine learning, and AWS

SR-DTC-2021-005 Goes Into Effect

Technical updates into the mechanics of the ledger system for noting when securities are pledged as collateral would prevent shares from being used as collateral multiple times. This would curtail a significant amount of naked shorting.

S&P Upgrades GameStop's CreditWatch Ratings To Positive

Rating agency S&P Global has placed the B- rating of GameStop Corp on CreditWatch Positive after it announced a secondary equity offering of ~3.5 mn shares. Gamestop aims to cash in on the increase in its share prices after the Reddit-driven rally in its shares earlier this year. The sale of shares by the US based video gaming company will infuse adequate liquidity to cover its debt and is expected to lead to a business transformation.

According to S&P "A successful offering would provide additional funds for GameStop to invest in its digital strategy to adapt its business model to evolving market conditions." The rating agency emphasized that the proceeds from the share offering will help Gamestop reinvent its business model.

The sale of the 3.5mn shares which represents ~5% of its outstanding stock could fetch GameStop up to $654mn based on Monday’s closing price of $186.95. Gamestop had also reported a 11% increase in its sales through 9 weeks ended April 3, 2021. While Gamestop stands to benefit from the demand for software and accessories in the near-term, the rating agency took note of the weaker than expected 4Q results and the risks to its strategy as the company transitions to the digital gaming strategies from the physical games.

BofA Securities Reiterates Underperform Rating on GameStop After Dilutive Offering

BofA Securities analyst Curtis Nagle reiterated an Underperform rating and $10.00 price target on GameStop after the company announced that it will be conducting a share offering of <=3.5M shares (~5% dilution). Mr. Nagle stated "We think that GME is still a very long way from executing a turnaround and:

1. GME's core gaming business is extremely challenged and losing share at a highly concerning rate; and
2. any progress on transitioning the business (or acquiring new ones) is more than priced into shares, in our view.

In 2020 GME generated EBITDA of $(154)mn. Even if we were to assume an average hardlines EV multiple of 10x (which we view as too generous and compares to GME’s 5yr avg. of ~4x), GME’s current share price implies EBITDA of ~$1.2bn which we don't see as realistic in achieving."

RBC Direct Investing Still Lists GameStop as Top Traded Stock

The Canadian bank's brokerage arm listed GameStop in the top spot in a list of top 10 traded stocks for March.

u/rensole Removed as r/GME Moderator

Rensole in his next daily update thread describes the turmoil within r/GME's mod team and how he was kicked out. The r/GME community saw this as unjust. Following u/Redchessqueen99's removal as mod and her blowing the lid on the situation, the r/GME community exodus into r/Superstonk, u/Redchessqueen99's GME-themed subreddit

u/redchessqueen99 Warns of r/GME Moderator Team Instability, Is Removed as r/GME Moderator

In her comment on r/Superstonk and a follow-up comment, she explains how mods were no longer working in unison. Her explanation resembled a u/zjz's warning about r/wallstreetbets in February, and a similar mass-exodus soon followed.

$GME Remains Top-Traded Security In Most Of Europe

Citadel Securities Hires Ex-CFTC Chairman Heath Tarbert as Legal Chief

Mr. Tarbert, the former chairman of the U.S. Commodity Futures Trading Commission, was hired by Citadel as its chief legal officer. Mr. Tarbert led the nation's main derivatives regulator from 2019 until January, when he became a commissioner. He previously served as a senior official in the Treasury Department, and before that led the bank-regulatory practice at law firm Allen & Overy LLP

DTC-2021-005 Rules Changes to DTC Settlement Service Guide

This appears to affect how shares used for options trading are accounted for, and limits the ability to lend out already lent out shares so a share can only be lent once.

Interactive Brokers Lists $GME As Highest Short Value & Hardest To Borrow

The borrow fee however still remains near 1%

Wealthsimple Lists GameStop as Top Traded Stock

The Canadian broker listed GameStop in the top spot in a list of top 10 traded stocks in March.

Class Action Lawsuit Against Robinhood & Citadel Consolidated In Florida

According to a transfer order signed by the Judicial Panel on Multidistrict Litigation on April 1, 2021, at least 39 cases targeting Robinhood and a set of other online trading firms will continue as “mega litigation” in Florida.

New Chief Growth Officer Elliott Wilke

Mr. Wilke brings nearly two decades of branding, consumer goods and e-commerce experience to GameStop. He joins from Amazon, where he spent 7yrs in senior roles with Amazon Fresh, Prime Pantry and Worldwide Private Brands. At Proctor & Gamble he spent 10yrs+ in brand management and marketing roles. At GameStop, Mr. Wilke will oversee growth strategies and marketing, with a focus on increasing customer loyalty and growing the reach of Power Up Rewards and Game Informer

New VP of Brand Development Andrea Wolfe

Ms. Wolfe, who previously served as Chewy's Vice President of Marketing, started March 29, 2021. She has held executive and director-level marketing roles at companies such as Outdoorsy, Spreetrail and Whole Foods. In her new role, Ms. Wolfe will help drive branding, content, social media strategy and other digital initiatives

New VP of Merchandising Tom Petersen

Mr. Petersen, who previously served as Chewy's Vice President of Merchandising, started March 29, 2021. He has also held senior marketing and merchandising roles at specialty retailers such as Artenza and Corro. In his new role, Mr. Petersen will help drive vendor relations, product management and related merchandising initiatives

u/atobitt Uncovers Citadel Shorting Bond Market

Citadel have shorted the treasury bond market to oblivion using the repo market. Citadel owns Palafox Trading and uses them to EXCLUSIVELY short & trade treasury securities. Palafox manages one fund for Citadel; Citadel Global Fixed Income Master Fund LTD. Total assets over $123B, 80% are owned by offshore investors in the Cayman Islands. Their reverse repo agreements are ENTIRELY rehypothecated and they CANNOT pay off their own repo agreements until someone pays them, first. The ENTIRE global financial economy is modeled after a fractional reserve system that is beginning to experience THE MOTHER OF ALL MARGIN CALLS. THIS is why the DTC and FICC are requiring an increase in SLR deposits. The madness has officially come full circle.

DOMO Capital Exposes Media Bias

SeekingAlpha solicited articles from writers with specific negative bias towards $GME to push the narrative that $GME is a poor investment

Telsey Lowers Price Target on GameStop to $30.00

Telsey lowered their price target from $33.00 to $30.00 and maintained their "Underperform" rating.

OBV Indicator Spikes To 2.2B

Per Investopedia: "Granville believed that volume was the key force behind markets and designed OBV to project when major moves in the markets would occur based on volume changes. In his book, he described the predictions generated by OBV as 'a spring being wound tightly.' He believed that when volume increases sharply without a significant change in the stock's price, the price will eventually jump upward or fall downward."

GameStop Starts Selling GPUs And Immediately Sells Out

At earnings, CEO George Sherman said they will be "growing our product offerings across PC gaming, computers, monitors, game tables, mobile gaming, and gaming TVs to name only a few." They also produced a new weekly ad that shows RTX 3000 graphics cards, motherboards, power supplies, and PC desktop cases.

u/HeyItsPixeL Harassed

HeyItsPixeL, a prominent r/GME contributor, receives threatening private messages from people. He warns users that he is not a danger to himself and to be suspicious of any claimed self-harm. This is part of concerted efforts to silence prominent buy-and-hold $GME advocates.

~290M Shares Phantom Volume at Closing Price

At market close, ~290M share volume at $183.75/share showed on ThinkOrSwim, totalling ~$53.3B

Phantom Volume at Closing Price Increased to ~1,850M Shares

At market close, ~1.85B volume at $183.75/share showed on ThinkOrSwim, totalling ~$340.5B

GameStop Reports Q4 2020 Earnings

Full-year sales down 21%, largely due to COVID-19 pandemic and end of gen. 8 console cycle

GameStop Warns Short Sellers In 10-K SEC Filing

"To the extent aggregate short exposure exceeds the number of shares of our Class A Common Stock available for purchase on the open market, investors with short exposure may have to pay a premium to repurchase shares of our Class A Common Stock for delivery to lenders of our Class A Common Stock. Those repurchases may in turn, dramatically increase the price of shares of our Class A Common Stock until additional shares of our Class A Common Stock are available for trading or borrowing. This is often referred to as a “short squeeze.”

A large proportion of our Class A Common Stock has been and may continue to be traded by short sellers which may increase the likelihood that our Class A Common Stock will be the target of a short squeeze. A short squeeze has led and could continue to lead to volatile price movements in shares of our Class A Common Stock that are unrelated or disproportionate to our operating performance or prospects and, once investors purchase the shares of our Class A Common Stock necessary to cover their short positions, the price of our Class A Common Stock may rapidly decline. Stockholders that purchase shares of our Class A Common Stock during a short squeeze may lose a significant portion of their investment."

New COO Jenna Owens

GameStop poached Ms. Owens from Amazon (Director & GM for Distribution/Fulfilment)

New Senior VP of E-Commerce Neda Pacifico

Ms. Pacifico previously served as Chewy’s VP of E-Commerce, she spent ~4.5yrs at Amazon prior to joining Chewy.

New VP of Supply Chain Systems Ken Suzuki

Mr. Suzuki previously served as Zulily’s Vice President of Supply Chain Technology

Reggie Fils-Aime Leaving BOD

Former Nintendo of America president Reginald "Reggie" Fils-Aime to retire from the board at its 2021 Annual Shareholders Meeting, which is expected to take place on or around June 10, 2021

Bill Simon Leaving BOD

Former Walmart US CEO William "Bill" Simon to retire from the board at its 2021 Annual Shareholders Meeting, which is expected to take place on or around June 10, 2021

Chief Customer Officer Frank Hamlin Resigns

An SEC filing in which it confirmed that chief customer officer Frank Hamlin was resigning from the company at the end of this month "with good reason," and as a result is entitled to a severance package including a lump sum payment of $2.06M, and the vesting of equity awards of GameStop stock. Hamlin will receive more than 221k shares that had been time-vested, and could receive almost 145k more that were tied to performance targets.

Loop Capital Markets' Anthony Chukumba Thinks GameStop Is Overvalued

Loop Capital analyst Anthony Chukumba told CNBC GameStop shares continue to trade at high valuations that aren't justifiable.

"This is not a good quarter," Chukumba said. "I will be listening to how they're going to pull a rabbit out of the hat and turn this into a viable company."

Chukumba said GameStop needed "some magic beans and pixie dust" to help the company going forward. He dropped coverage of the stock in January.

u/DeepFuckingValue YOLO Update

DFV sees ~$1.9M in unrealized gains disappear, still holds 100k shares and 500x 4/16/2021 $12 calls. Account balance, including cash and realized & unrealized gains, totals ~$38.5M

~634M Shares Phantom Volume at Closing Price

At market close, ~634M share volume at $182.02/share showed on ThinkOrSwim, totalling ~$115.5B

u/HeyItsPixeL Has Account Mass Flagged And Is Automatically Suspended From Reddit

HeyItsPixeL, a prominent r/GME contributor, was suspended from Reddit after being mass reported for fictitious self-harm. This is part of concerted efforts to silence prominent buy-and-hold $GME advocates.

When you tear out a man's tongue, you are not proving him a liar, you're only telling the world that you fear what he might say

Second U.S. Government Hearing

The committee on banking, housing, and urban affairs summoned:

• Professor Gina-Gail S. Fletcher, Professor of Law, Duke University School of Law
• Ms. Rachel J. Robasciotti, Founder & CEO, Adasina Social Capital
• Dr. Teresa Ghilarducci, Bernard L. and Irene Schwartz Professor of Economics, The New School
• The Honorable Michael S. Piwowar, Executive Director, Milken Institute Center for Financial Markets
• Mr. Andrew N. Vollmer, Senior Affiliated Scholar, Mercatus Center

CNBC Publishes Redacted Second U.S. Government Hearing Video

Dennis M. Kelleher, President and Chief Executive Officer of Better Markets, issued the following statement in response to revelations that CNBC omitted one key part of the recent U.S. House Financial Services Committee (HFSC) hearing on GameStop and related issues. CNBC’s deleted footage included Kelleher’s call for the Financial Stability Oversight Council (FSOC) to examine whether to designate Citadel Securities (Citadel) as systemically important, given the firm’s substantial presence throughout the U.S. equities and options markets. Such a designation, if made, would subject Citadel to substantial additional regulatory scrutiny.

A side-by-side comparison of CNBC’s incomplete version of the hearing and the official complete version released by the U.S. House Financial Services Committee confirms this deletion: Compare the video posted by HFSC (includes Kelleher’s full comments on the need to carefully scrutinize Citadel) with the video posted by CNBC (which abruptly cuts off Kelleher’s comments and inexplicably jumps ahead approximately 10 minutes).

Ryan Cohen Tweets Pets.com Still from Advertisement

" In the video ad the puppet says "I like your shorts." $GME opened at $125/share and after the tweet spiked to $147.87/share before closing at ~$132.35/share

$GME Remains Top-Traded Security In Most Of Europe

E*TRADE $GME Short Margin Requirements at 800%

Millions of ETF Shares Containing $GME Shorted

In an attempt to drive down the price of $GME further while also hiding SI%, ETF's like $XRT which hold millions of shares of $GME are being over-shorted. On this day, $XRT had a Short Interest of 200%. Citadel is an Authorized Participant of $XRT.

GMEDD.com Contributor Rod Alzmann Recovers Twitter Account

Rod Alzmann, a prominent DD writer and contributor to GMEDD.com, was able to recover his Twitter account which apparently had an unauthorized login from Nigeria.

u/DeepFuckingValue YOLO Update, Doubles Shares Position Since U.S. House Committee Hearing

DFV, when prompted by a congressman if he would still buy the stock at ~$40/share, replied "yes" put his money where his mouth was by doubling his share position from 50k to 100k shares. It became the most awarded Reddit post of all time. u/DeepFuckingValue, sees ~$5M in unrealized gains disappear, now holds 100k shares and 500x 4/16/2021 $12 calls. Account balance, including cash and realized & unrealized gains, totals ~$17.4M

Interactive Brokers' CEO Thomas Peterffy Warns About Liquidity Issues

Mr Peterffy warns that if hedge funds default then brokers are on the hook for the losses, and that if brokers default clearing houses are on the hook for the losses, but clearing houses were facing liquidity issues and were in a situation that would've led to them also defaulting which would put the market in a state of chaos

The Wall Street Journal Compares GME & Bitcoin Traders To QAnon, Again

The article builds upon a similar piece published Jan 29, 2021

Revelation that $XRT ETF Is Being Shorted In An Effort To Suppress $GME

An article first drafted in 2016 explores how ETFs are used to continue a short attack on a stock. Reddit user u/boneywankenobi investigated ETFs containing $GME and found similarities

GMEDD.com Contributor Rod Alzmann's Twitter Hacked

A prominent DD writer and contributor to GMEDD.com, Rod Alzmann, was the victim of a Twitter hack. Whomever took control of his account deleted all of his tweets, which been principally advocating for GME fair value. This doesn't align with the "GME is over" narrative creeping into the media.

New CTO Matt Francis

Mr. Francis was an Engineering Leader at Amazon Web Services. He previously held senior-level tech roles at QVC & Zulily

New Senior VP of Customer Care Kelli Durkin

Ms. Durkin previously served as Chewy’s Vice President of Customer Service

New VP of Fulfillment Josh Krueger

Mr. Krueger previously held senior fulfillment roles at Amazon, Walmart, and QVC

u/zjz Warns WSB Being Taken Hostage, is Removed as Moderator

u/zjz sounds the alarm that inactive WSB mods are trying to capitalize on recent clout by selling film rights, after being MIA for years. Soon after he is removed as a WSB mod

u/DeepFuckingValue YOLO Update

DFV, still holds 50k shares and 500x 4/16/2021 $12 calls. Account balance, including cash and realized & unrealized gains, totals ~$22.4M

$GME Becomes Top-Traded Security In Most Of Europe

Users Claim eToro Imposed Unauthorized $GME Sell Limits, Some Orders Triggered

eToro was engaging in Cash-For-Difference trading and not actually purchasing the underlying asset, which backed them into a corner.

Starting January 31 2021, eToro is no longer offering select meme stocks as CFDs but only as the underlying asset (x1 leverage only). eToro stressed it needs to work within the bounds of liquidity available on exchanges on which these stocks are listed. Opening CFD positions for these stocks was made “close only” on Sunday January 31, 2021. ”Close only” means that users cannot add more funds to the existing CFD positions on these stocks.

The Wall Street Journal Publishes GameStop Hit Piece

The article points to slumping sales, brushing the fact that most retail locations are heavily impacted due to the global COVID-19 pandemic.

u/DeepFuckingValue YOLO Update

DFV sees ~$10.2M in unrealized gains disappear, still holds 50k shares and 500x 4/16/2021 $12 calls. Account balance, including cash and realized & unrealized gains, totals ~$35.8M

MarketWatch Compares GME Traders To QAnon

The Washington Post Tries To Spin Over-leveraged Hedge Funds As Victims

$GME Reaches $483/share

Share price climbed >1000% since opening at $42.59 the Friday previous. u/VerySlump postulates how close we were to breaking the financial system.

NSCC Increases Deposit Requirements of $GME from ~2% to 100%

This forced massive demands on liquidity by clearing houses, affecting Robinhood, Apex Clearing (and Apex's customers)

NSCC Waives The Capital Premium Charge For All Clearing Members

While NSCC removed the premium charge, the VaR rate was still 100%, totalling $1.4B (which was only $282M the prior day), which created massive collateral requirements from clearing Members

Robinhood Prohibits Searching For $GME

Reports of various users unable to pull up $GME by search, although it is still accessible through top 100 lists

Robinhood Prohibits Buying of $GME

Due to liquidity issues, Robinhood only allows clients to sell $GME, users report inability to buy $GME

Webull Prohibits Buying of $GME

In an interview with Benzinga, Webull's CEO Anthony Denier explains that Apex imposed trading restrictions due to liquidity issues surrounding new DTCC/NSCC collateral requirements surrounding $GME

M1 Finance Prohibits Buying of $GME

M1 Finance uses Apex Clearing as their custodian. Apex prohibited buying

Bank of America's Merrill Edge Prohibits Buying of $GME

TradeZero Prohibits Buying of $GME

TradeZero uses Apex Clearing as their custodian. Apex prohibited buying.

Stash Prohibits Buying of $GME

Stash uses Apex Clearing as their custodian. Apex prohibited buying.

Ally Financial Prohibits Buying of $GME

Ally uses Apex Clearing as their custodian. Apex prohibited buying.

Public Holdings Prohibits Buying of $GME

Public uses Apex Clearing as their custodian. Apex prohibited buying.

IG Prohibits Buying of $GME

DriveWealth Prohibits Buying of $GME

DriveWealth provides US-based brokerage services for other broker-dealers. DriveWealth claimed they will not be able to offer Buy orders "due to increased capital requirements set by the DTC."

Stake Prohibits Buying of $GME

Stake uses DriveWealth's backend services and blames them solely for this decision.

Revolut Prohibits Buying of $GME

Revolut uses DriveWealth's backend services. DriveWealth prohibited buying.

eToro Prohibits Buying of $GME

E*TRADE Prohibits Buying of $GME

Trading 212 Prohibits Buying of $GME

Trading Republic Prohibits Buying of $GME

Freetrade Prohibits Buying of $GME

Freetrade uses Barclays as their custodian whom prohibited buying

Interactive Brokers Prohibits Buying of $GME Options

Interactive Brokers, in a statement on Thursday, said that as of midday yesterday, it put option trading of video game retailer GameStop (GME) "into liquidation only due to the extraordinary volatility in the markets."

That means customers cannot currently place new options trades on those names, a representative said via email. Interactive Brokers also said long positions on those companies — or a bet a stock will rise — will require 100% margin, and short positions will require 300% margin "until further notice."

"We do not believe this situation will subside until the exchanges and regulators halt or put certain symbols into liquidation only," the company said. "We will continue to monitor market conditions and may add or remove symbols as may be warranted."

Several Customers Report $GME Shares Forcibly Sold by Robinhood

Many reports of shares purchased with cash and not on margin, and not held as options, were liquidated without consent at the lowest market price available which was far removed from the average market price

New York Class-Action Lawsuit vs. Robinhood Filed

A lawsuit was filed concerning the restrictions by Robinhood to sell $GME

Some Robinhood Users Report Selling $GME At Multiples Above Market Price

Reports of various users selling fractional shares in the hundreds to thousands per share range surfaced while $GME was hovering ~$260 per share.

Interactive Brokers' CEO Thomas Peterffy Warns About Market Nearly Collapsing

Mr. Peterffy warns that due to the buying craze of meme stocks, clearing houses were exposed to double-digit billions of losses and due to concerns of potential defaults and market integrity concerns, restricted buying

Nasdaq CEO Friedman Says The Exchange Will Halt Trading In A Stock If They Link Unusual Activity To Social Media Chatter

In what is perceived as an attack on free markets, many view a trading halt by an exchange to afford hedge funds time to figure a way out of their short positions during a squeeze as an affront to the system, that the exchanges will protect the large players at all costs.

Discord Helps New WSB Server With Moderation Duties

Discord is now helping the r/WallStreetBets team moderate its new server. The company originally banned the group yesterday due to "hateful and discriminatory content" and revealed it had sent repeated warnings to the team managing the community. Discord staff are actively working with the server's team to help with moderation. At least one Discord staffer, who is now in the new WallStreetBets server, is also helping with infrastructure problems related to the rapid growth the community is experiencing.

GMO Trust Head of Asset Allocation Ben Inker Interviewed, Claims Retail Will Lose Life Savings

After claiming on Bloomberg Television that retail investors will lose their life savings and that retail instead of short sellers will be left holding the bag, it is revealed on April 30th GMO incurred heavy losses by betting against $GME, and was removed as a NSCC Participant.

Jon Stewart Creates Twitter Account And Makes First Tweet

Susquehanna and Wolverine Stop Executing Trades

Only Citadel kept their trading platform running to ensure sufficient liquidity remained in the market while their HFT competitors disabled their systems.

u/DeepFuckingValue YOLO Update

DFV, after seeing ~$14.8M in unrealized gains disappear, still holds 50k shares and 500x 4/16/2021 $12 calls. Account balance, including cash and realized & unrealized gains, totals ~$33.2M

Elon Musk Tweets About $GME

Elon tweeted 'Gamestonk!!' and linked to Reddit's r/WSB. A large buying surge of $GME soon followed the Tweet

$GME Price Soars to $147.98/share

$GME, after previously closing at $76.79/share, gaped-up during after-hours trading to open at $88.56/share, closing at $147.98/share after Elon's Tweet

u/DeepFuckingValue YOLO Update

DFV still holds 50k shares and 800x 4/16/2021 $12 calls. Account balance, including cash and realized & unrealized gains, totals ~$22.8M

E*TRADE Raises $GME Long Margin Requirements to 100%

u/DeepFuckingValue YOLO Update

DFV holds 50k shares and 1000x 4/16/2021 $12 calls. Account balance, including cash and realized & unrealized gains, totals ~$11.2M

Citron Research Postpones Live Stream Due To President Biden Inauguration

Citron Research will livestream on Jan 21 instead

Alan Attal Appointed to BOD

From 2017-2018, Mr. Attal served as the CMO of Chewy and oversaw an annual acquisition budget of more than $300M which was allocated to broadcast, direct mail and digital advertising and engagement initiatives. From 2011-2017, he served as the company’s COOr and oversaw its expansion from three people to more than 10,000 employees and $3 billion in revenues

Jim Grube Appointed to BOD

Mr Grube was most recently the CFO of Vacasa. He previously served as the CFO of Chewy from 2015-2018. He was formerly the Senior VP of Finance at Hilton from 2009-2015 and a Director of Finance at Amazon from 2007-2009

GameStop Reports 2020 Holiday Sales Results

E-commerce sales trending upward

Lizabeth Dunn Won't Stand for BOD Re-Election

Ms. Dunn has informed the Board that they do not intend to stand for reelection at the Annual Shareholders Meeting. As such, the Board will be reduced to nine members following the Annual Shareholders Meeting

Raul Fernandez Won't Stand for BOD Re-Election

Mr. Fernandez has informed the Board that they do not intend to stand for reelection at the Annual Shareholders Meeting. As such, the Board will be reduced to nine members following the Annual Shareholders Meeting

JK Symancyk Won't Stand for BOD Re-Election

Mr. Symancyk has informed the Board that they do not intend to stand for reelection at the Annual Shareholders Meeting. As such, the Board will be reduced to nine members following the Annual Shareholders Meeting

Kathy Vrabeck Won't Stand for BOD Re-Election

Ms. Vrabeck has informed the Board that they do not intend to stand for reelection at the Annual Shareholders Meeting. As such, the Board will be reduced to nine members following the Annual Shareholders Meeting

Credit Suisse Reiterates Sell Rating For GameStop

In a report issued on January 8, Seth Sigman from Credit Suisse maintained a Sell rating on GameStop. The company's shares closed last Wednesday at $189.82

S&P Global Ratings Downgrades GameStop to BB- From B+, Outlook Negative

• "GameStop recently reported weak operating performance as it continues to face risks from the elongation in the launch of new consoles, increasing competitive challenges, and long-term structural technological shifts."
• "We lowered the ratings on the company, including the issuer credit rating, to 'B+' from 'BB-', on both near-term performance volatility and long-term competitive uncertainties."
• "The negative outlook reflects our expectation that intense competition from online and traditional retailers, economic uncertainty, and the lengthening of the console cycle could result in further deterioration for operating prospects."

Benchmark Lowers Price Target From $6.00 to $5.00

SEC Extends Enforcement Grace Period of Rule 15c3-3

As of April 22, 2021, broker-dealers will be required to bring themselves into compliance margin requirements. Rule 15C3-3 established the requirement to keep enough cash and securities in a segregated account that will cover a portion of the costs of a major market move

GameStop Announces Voluntary Early Redemption of Senior Notes

GameStop will redeem $125 million in principal amount of its 6.75% Senior Notes due 2021 on December 11, 2020

GameStop Partnership With Microsoft

GameStop switches internal systems to use Microsoft software (O365, Azure, Dynamics 365, Teams). Microsoft will profit share Xbox-related sales sold from GameStop locations

Loop Capital Raises Price Target From $6.00 to $9.00

Jefferies Raises GameStop Price Target To $8 From $7, Recommended "Buy"

Jefferies analyst Stephanie Wissink raised the price target on GameStop to $8 (from $7) while upgrading from a Hold to a Buy rating.

u/Jeffamazon Posts Pro-GME Short Squeeze DD on r/WallStreetBets

One of the more convincing DDs posted to WSB ultimately contributed to the gamma squeeze run-ups in January 2021.

RoaringKitty Aka DeepFuckingValue First Livestream

After publishing a few videos going over his investment strategy and tools used, he kicked off a 3/week series of livestreams

GameStop Completes Senior Notes Exchange Offer

GameStop converted ~$216.4M of 6.75% Senior Notes due 2021 into 10% Senior Secured Notes due 2023.

Credit Suisse Lowers Price Target To $3.50

Credit Suisse analyst Seth Sigman maintained a Sell rating on GameStop and set a price target of $3.50. The company's shares closed last Wednesday at $5.35. The word on The Street in general, suggests a Moderate Sell with an average price target of $4.08.

GameStop Reports Q1 2020 Preliminary Earnings

COVID-19 hit GameStop sales in all markets hard, except Australia & New Zealand

GameStop Announces Senior Notes Exchange Offer

GameStop plans to convert all outstanding $414.6M of 6.75% Senior Notes due 2021 into 10% Senior Secured Notes due 2023.

Hestia Capital Files Proxy Statement For Upcoming Vote

The proxy statement is rich with information about how the current board of directors has failed investors and Hestia's proposals for rectifying the situation

GameStop BOD Urges Shareholders to Re-Elect BOD Members

Feeling threatened by Hestia & Permit's desires to turn around the company and force the BOD to act in the best interest of the long-term future of the company, they release a statement urging shareholders to vote to maintain the status-quo

Hestia Capital Files Proxy Statement

The proxy statement is rich with information about how the current BOD has failed investors and Hestia's proposals for rectifying the situation

Dr. Burry Files 13D Revealing Increased 3.4M $GME Shares Position

Dr. Burry's then 5.3% position has fluctuated over the years, this is seen as a bullish sign as he previously held 3M shares, with his now 3.4M shares worth ~$9.7M.

$GME 2020 Low of $2.57/share

Wedbush Maintains Hold Rating For GameStop, Price Target of $4.25

Michael Pachter from Wedbush maintained a Hold rating on GameStop with a price target of $4.25. $GME shares closed last Monday at $4.41. The word on The Street in general, suggests a Moderate Sell analyst consensus rating for GameStop with a $3.63 average price target.

GameStop Claims To Be Essential Retail During Global Pandemic

The struggling video game retail chain GameStop told all of its stores this afternoon to stay open even in the event of state or city lockdowns to protect against the covid-19 pandemic, emphasizing that it is “essential retail” alongside groceries and pharmacies and should therefore be exempt from enforced closures, a contentious claim.

“Due to the products we carry that enable and enhance our customers’ experience in working from home, we believe GameStop is classified as essential retail and therefore is able to remain open during this time,” the retailer said in a memo to staff, obtained by Kotaku.

Melvin Capital Files 13F Revealing 40k $GME Put Contracts

Reporting up until 12/31/2019. The 40k put contracts were worth ~$24.3M

Wedbush Maintains Buy Rating For GameStop, Price Target of $8.00

In a report released today, Michael Pachter from Wedbush reiterated a Buy rating on GameStop, with a price target of $8.00. $GME shares closed last Monday at $5.43, close to its 52-week low of $3.15. Currently, the analyst consensus on GameStop is a Hold with an average price target of $5.36.

GameStop Reports Q3 2019 Earnings

22M Shares Buy-Back

GameStop paid ~$115.7M to repurchase 22.6M shares at $5.11/share, bringing the YTD repurchase activity to $178.6 million for 34.6 million shares, or 34% of the shares outstanding, at an average price of $5.14 per share. GameStop has 67.8M shares outstanding as of Q3 2019 end

u/DeepFuckingValue Comments on ~75% $GME Short Interest

"Yea I see short interest of roughly 75% of the float. I simply can't understand that level of conviction in the bear thesis. It's insane."

GameStop Reports Q2 2019 Earnings

Shares of GameStop Corp. plunged on Wednesday as the embattled video game retailer turns to closing stores to offset declining sales.

The Grapevine, Texas, company plans to close between 180 and 200 of its roughly 5,700 stores globally by the end of its 2019 fiscal year, company finance chief James Bell said on a conference call with analysts Tuesday evening. The closures are part of a broader review of the company’s store footprint that could lead it to shutter more locations.

The company’s stock, down more than 10% Wednesday, has fallen about 63% this year and roughly 71% over the past 12 months.

Dr. Burry's Letter to GameStop BOD

Dr. Burry urges the BOD to allocate $300M towards a share buy-back program to counter the ~$4/share stock price.

Ryan Cohen Writes Op-Ed About Chewy's Financials

While not directly related to GameStop, it serves as a fantastic insight into the operating mentality of the young entrepreneur before he focuses on GameStop

12M $GME Shares Buy-Back Approved

GameStop launched a “modified Dutch auction” tender offer to purchase up to 12M shares at $5.20-$6.00/share. $GME closing price on 06/07/2019 was $5.02/share. Buy-back commences 06/11/2019 until 07/10/2019

ThinkGeek Closes Website, Moves Products Into GameStop Stores

ThinkGeek shutters gaming and pop culture clothing, accessory, and toy website and moves the bulk of its business into GameStop locations & website. 40+ physical ThinkGeek locations in the US will remain open after July 02, 2019

GameStop Reports Q1 2019 Earnings

Jim Bell Appointed Executive VP & CFO

Mr. Bell most recently served as CFO of Wok Holdings, Inc., the parent company of P.F. Changs, Pei Wei and True Food Kitchen restaurants, where he successfully designed and led the company's overall strategic plan and omni-channel digital transformation that resulted in over $50 million in annual revenue growth over two years.
Jim also has a history of running companies into the ground.

Chris Homeister Appointed Executive VP & Chief Merchandising Officer

Mr. Homeister most recently served as President, CEO and a member of the Board of Directors of The Tile Shop, a publicly traded specialty retailer, where he grew the company in terms of product assortment, online and mobile capabilities, store count, employees, revenue and EBITDA. Earlier in his career, he held a number of senior roles at Best Buy, including SVP, Digital Merchandising & Strategic Planning and General Manager and SVP, Entertainment Business Group, where he oversaw the product categories including video games, movies, music, and eReaders and launched Best Buy's video game trade-in business

Frank Hamlin Appointed Executive VP & Chief Customer Officer

Mr. Hamlin has more than 25 years of experience in retail marketing, strategy, customer loyalty and e-commerce, and previously served as GameStop's Chief Marketing Officer

Melvin Capital Files 13F Revealing 32.5k $GME Put Contracts

Reporting up until 03/31/2019. The 32,500 put contracts were worth ~$33M

Dr. Burry Files 13F Revealing $GME Position Increased To 650k Shares

Reporting up until 3/31/2019, the 650,000 shares, an increase of 113,138 shares, were worth ~$6.6M

Richard Evans Presents ETF Short Interest and Failures-to-Deliver: Naked Short Selling or Operational Shorting?

Richard Evans, an associate professor of business administration at the University of Virginia Darden School of Business, presents his findings after over a year of detailed research on how naked shorting can be hidden through the clever use of Authorized Participants of ETFs.

S&P Global Ratings Downgrades GameStop to BB- From BB

"GameStop Corp. recently reported weak operating performance as it continues to face competitive challenges and structural shifts away from physical video games toward digital delivery, leading to a decline in sales of new physical games and software as well as preowned video games."

• "We believe the company's competitive position has deteriorated, a trend we expect to continue. We lowered the issuer credit rating to 'BB-' from 'BB'."
• "We also lowered our issue-level rating on the company's first-lien debt to 'BB+' from 'BBB-' and our issue-level rating on the unsecured notes to 'BB-' from 'BB'. All recovery ratings are unchanged."
• "The negative outlook reflects our expectation that intense competition from online and traditional retailers will lead to further pressure on GameStop's margin in the coming 12 months."

GameStop Placates Hestia & Permit

After threatening a proxy vote, Hestia Capital & Permit Enterprises Capital Partners enter a truce and are given a GameStop board seat each to be voted upon at the next shareholder meeting

GameStop Announces Move Into Esports

The company's first step in this shift includes partnering esports group Complexity Gaming to open what it calls the most advanced esports facility in the country at The Star in Frisco, Texas. The company is also teaming up with a number of other esports brands and companies to host gaming clinics, "Overwatch" watch parties, and collegiate esports tournaments.

New CEO George Sherman Hired

Mr. Sherman comes from top leadership roles at Advance Auto Parts, Best Buy, Target, and Home Depot. He will also join the GameStop board of directors.

GME Quarterly Dividend

The Board declared a quarterly cash dividend of $0.38 per common share payable on March 29, 2019 to shareholders of record as of the close of business on March 15, 2019

GME $300M Share Buy-Back Approved

The Board approved a new $300 million share repurchase authorization to replace the previous share repurchase authorization, which had $170 million remaining

GME Retires 2019 Senior Notes

GameStop has determined that part of its capital allocation plan for 2019 is to immediately provide notice of redemption in full of the $350 million in unsecured senior notes scheduled to mature in October 2019

GameStop Stops Trying to Sell Itself

Reports of an imminent GameStop acquisition will go unrealized, as the retailer announced that it is no longer pursuing a sale of the company. The "Board has now terminated efforts to pursue a sale of the company due to the lack of available financing on terms that would be commercially acceptable to a prospective acquiror," the company explained.

$GME crashes to 14-year low from the previous close of $15.50 to $11.22.

GameStop Sells Spring Mobile

GameStop completed the previously disclosed sale of its Spring Mobile business to Prime Communications for $700 million. Spring Mobile owns and operates 1,284 AT&T wireless stores.

Wedbush analyst Michael Pachter said, "I estimate they spent about $1.5 billion buying all these stores — $700 million in cash and $800 million in debt — and ended up selling for $700 million" The company "went from no debt and generating about $400 million in cash, to $800 million in debt and generating $300 million in cash," he said.

GameStop Announces Pending Sale of Subsidiary, Spring Mobile

GameStop exiting the mobile phone industry, selling Spring Mobile for $700M

GameStop Reports Q3 2018 Results

Melvin Capital Files 13F Revealing 13,281 $GME Put Contracts

Reporting up until 06/30/2018. The 13,281 put contracts were worth ~$19.35M

GameStop Reports Q1 2018 Earnings

GameStop's total global sales decreased 5.5% overall to $1.93B. This is despite the results of a recent PayPal poll, in which 45% of U.S. respondents named GameStop as their favorite retailer for purchasing video games.

New Interim CEO Shane Kim Appointed

Kim will be the company's fourth CEO since the late J. Paul Raines left the position in November 2017, after overseeing the retailer for eight years. Kim was general manager of Microsoft Game Studios and corporate vice president for Microsoft's Interactive Entertainment Business before leaving the company in 2010. Since 2011, Kim has been a member of GameStop's board of directors.

Melvin Capital Files 13F Revealing 11,731 $GME Put Contracts

Reporting up until 03/31/2018. The 11,731 put contracts were worth ~$14.8M

GameStop Reports Q2 2018 Results

GameStop annual income down by $300m due to fourth quarter "asset impairment." Sales up 7.2 per cent to $9.2B with net income of $34.7m

GME Quarterly Dividend

The Board declared a quarterly cash dividend of $0.38 per common share payable on March 20, 2018 to shareholders of record as of the close of business on March 5, 2018

New CEO Michael K. Mauler Appointed

Mr. Mauler, 56, has been with the Company for more than 16 years. He previously served as Executive VP and President of International, which consists of nearly 2,000 retail stores operating under the GameStop, EB Games, Micromania and Zing Pop Culture brands

CEO Paul Raines Takes Medical LOA

Mr. Raines, has had a recurrence of his previously disclosed brain tumor which was successfully removed in 2014 and is seeking treatment

New Interim CEO Daniel A. DeMatteo Appointed

Mr. DeMatteo, one of the company's co-founders, will continue to serve as executive chairman and director. In the past, Mr. DeMatteo has served as the company's CEO and in a variety of board and executive roles since November 1996

New Senior VP of Collectibles Janet Bareis Hired

Ms. Bareis has 20+ years of senior management experience leading marketing and merchandising. She spent 11 years with Walmart as VP and general manager of private brands with responsibility for product development, brand acquisitions and management, licensing negotiation and packaging. Prior to Walmart, Ms. Bareis spent 14yrs in national sales, sport and entertainment marketing and brand innovation leadership positions with Frito-Lay

Melvin Capital Files 13F Revealing 10,647 $GME Put Contracts

Reporting up until 03/31/2017. The 10,647 put contracts were worth ~$24M

GameStop Reports Q4 2016 Earnings

Total global sales decreased 13.6% to $3.05 billion, while consolidated comparable store sales declined 16.3% (-20.8% in the U.S. and -4.6% internationally). The fourth quarter was significantly impacted by weak sales of certain AAA titles and aggressive console promotions by other retailers on Thanksgiving Day and Black Friday. As a result, new hardware sales declined 29.1% and new software sales declined by 19.3%

GameStop Closing 2-3% of Stores

GameStop anticipates that it will close between 2% to 3% of its global store footprint (up to ~190 stores)

Melvin Capital Files 13F Revealing 15,000 $GME Put Contracts

Reporting up until 12/31/2016. The 15k put contracts were worth ~$37.9M

Melvin Capital Files 13F Revealing Closed-Out $GME Position

Reporting up until 06/30/2016, GameStop was not listed on this 13F, their only 13F filing to-date without GameStop

GameStop Buys 507 AT&T Stores

GameStop flirts with diversifying from their primary industry, gaming, into the mobile phone space with their Spring Mobile subsidiary

Moody's Assigns Ba1 Rating to GameStop's Proposed $400M Senior Unsecured Notes

Moody's assigned a Ba1 rating to GameStop's proposed $400 million senior unsecured notes. There is no impact on the Ba1 Corporate Family Rating, SGL-1 Speculative Grade Liquidity rating, or the stable outlook.

"We believe the bulk of the proposed debt issuance will fund tactical acquisitions, with GameStop indicating it was in the process of acquiring two AT&T resellers with a combined total of between 450-500 locations," stated Moody's Vice President Charlie O'Shea. "These potential acquisitions are in line with our view that GameStop is prudently diversifying its business," continued O'Shea. "We believe pro forma metrics will initially weaken due to this, however will remain well within our band of tolerance for the rating."

GME Quarterly Dividend Declared

The Board declared a quarterly cash dividend of $0.37 per common share payable on March 22, 2016 to shareholders of record as of the close of business on March 8, 2016

GameStop Acquires ThinkGeek

GameStop adds collectibles to it's core offerings

GME Quarterly Dividend Declared

The Board declared a quarterly cash dividend of $0.36 per common share payable on March 24, 2015 to shareholders of record as of the close of business on March 17, 2015

GameStop's Short Interest Markedly Increases, Again

According to IHS Markit, on July 11th GameStop's percentage of shares on loan increased to ~32% from ~25% earlier that week, which was closer to ~13% a year prior.

Xbox One Launched

Microsoft's latest gaming console supports both physical Blu-ray and digitally-downloaded games. With the digitization of console games, the company was facing an existential threat along the lines of iTunes' impact on record stores.

Wall Street’s Naked Swindle

A scheme to flood the market with counterfeit stocks helped kill Bear Stearns and Lehman Brothers — and the feds have yet to bust the culprits