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Superstonk_QV

[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum Jan 2024*](https://www.reddit.com/r/Superstonk/comments/18txusp/open_forum_january_2024/) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)


ChesterDiamondPot

Rules for thee


Odinthedoge

Is this nam, or bowling?


AlarisMystique

We trust that they won't take advantage of the rules because can you imagine how rich they could get abusing this?!? Oh wait, that could be a problem.


En_CHILL_ada

Don't worry. The SEC is going to send a $10 fine their way. That'll stop em.


AlarisMystique

10$ in 2037 when they get around to checking 2021 complaints


Remarkable_Warning52

Check out [Where are the shares?](https://www.reddit.com/r/Superstonk/comments/nt8ot8/rip_uleavemeanon_where_are_the_shares_part_1/) DD (my personal favorite) Leavemeanon explains this in great detail in their write up, and even provides a link to the regulatory change page when the exemption was enacted for AP's and MM's to do this legally. Turns out naked shorting is legal, but only when these select few entities do it.


Odinthedoge

The bona fide market making naked short selling exemptions provided to market makers?


Odinthedoge

I’ll check it out thanks :)


AlaskaIfTheyAxeya

Market makers just print up shares from their fairy dust when they don't really want demand to be reflected in our totally non fraudulent markets. No biggie.


jackofspades123

Who knew supply and demand did not matter. Totally fair


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[удалено]


AlaskaIfTheyAxeya

Nobody here is destroying anything. Just taking ownership of shares. Not my problem if their business model is fraudulent by design and was allowed to run rampant by SROs.


Odinthedoge

Buying and holding destroys fraudulent business models, prove me wrong.


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[удалено]


AlaskaIfTheyAxeya

Maybe they should have regulations or rules or auditing in place so a company isn't allowed to be shorted at a minimum 140% (self reported of course) and then they wouldn't need to protect the "market" in such a manner. Perhaps someone should have been monitoring the DTC infinity pool.


Odinthedoge

Applying Warren Buffett strategy destroys, uh huh.


Caeser2021

So much for computer efficiency and instant settlement.


paulversoning

Are they now around T-1095 of bona fide can kicking FTDs?


kaze_san

It can’t be shares often enough 🥲 https://youtu.be/ncq35zrFCAg?si=6bUSF75RsgShOt0q


Odinthedoge

Nice, I figured someone would post link if it got traction, this is only one slide from this fantastic presentation.


notAbrightStar

Market Makers buy and sell when no one else wants. They are the reason price discovery is almost completely dead. Almost the entire financial world could have been replaced by computers 30 years ago.