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The original was posted on /r/Superstonk by /u/quad-beep-05 on 2023-06-26 06:26:08+00:00.
about 10 billion shares traded in GME from Dec. 2020 to April 2021, that's in 4.5 months -- while, GME's share count, then, in total was about 70 million. (that figure of 10 billion qty. traded was before div-split...and, equates to 40 billion today).
Sauce:
https://www.reddit.com/r/Superstonk/comments/12v2ti7/gme_trading_volume_dec_20_to_apr_21_over_45/
we have now a change in the underlying trade situation: 25% drs'ed + 12% owned by RC -- (then was about 10-11% RC owned).
and, we have positive changes in the company's fundamentals (balance sheet, stabilization & improvement of operations, online ventures & business transformation).
overview: dtcc is the wall street system...it's where a share (long or short) exists in a quantum state of potentialities, spins and hovers...but all the while, remains in that quantum state
this is why so many shares that don't exist by authorization of a company can be fed & traded in the market...this is the basis for short selling, market maker exemptions to synthesize shares, and justification for the feature of failures-to-deliver...also, this is the basis for wall street's hegemonic-market to approve the illegal practice of naked shorting).
thesis all along: if a company has a SI over 100% -- and the company turns itself around (balance sheet improvement, stabilization of operations, reinvestment in core business, development in business transformation in a growth industry)...then, price go boom...and if hodlers, then it go BOOM!!!.
back to particle physics...to address algos & number of shares in the market:
until such time, as a subatomic particle hits a substrate, it is not in existence in any given reality, but exists across a quantum field of probabilties & potential realities. for our purpoes, we can say about a share that is in the dtcc system, whether by broker or prime bank, that that share is not "landed".
[so, the number of shares in a company, sometimes many companies, allowed to be traded market can far exceed the # issued, because those shares exist in a quantum field of possible realities, but until "action" (drs, closing short position, etc) those shares do not exist "in reality"...but wander & hover like phantoms in an expanded ghost-filled quantum field.]
that/there is where & how the algo's make their money: playing the quantum field game...moving money, changing positions in response to perceived changes, of specific equities & of all equities & other indicia...."correlated" probabalistically...and in response to how others perceive probable outcomes: "reflexicity"...that is, each moment where reality changes, or in ways that it might change, all probability assessments are recalibrated. and in there, is money to be made (done continuously every day...money to be made the entire time -- not even on what arrives at reality, but also, in what is possible to occur in reality...alll the shades of probability reflected in positions taken & let go of).
so, each new possible reality affects the aether-space...as does each new moment of actual reality...its a duality of 2 worlds that reflect & affect each other: "reflexicity". Done in the macro, but also in the specific equity/vehicle, including: new buyers making a surge...or the opposite, in selling...or, by the removal of shares from the dtcc system (via drs)
...as for the macro, a host of other factors: interest rates, other equities/futures/markets, money moves in/out of the market, fundamental news on a company, or on its industry, a currency, a commodity...and so on. weather patterns are easier to predict.
protecting its algos...and increasing their power to profit...is what Citadel does...it hires teams of programmers...and it hires teams of lawyers to turn laws & regulations to its advantage.
others do the same.
it is not only that the system is corrupt...it is also a perversion of the ideal American capital markets...that said, this is the way for good investors to find value...so, not all bad (for some).
mine is just a perspective -- the true way to understand GME & what is occuring is likely the aggregation of all players' participation, considerations/intuitions/angling -- that is what the algos are trying to do...and even when not trying to figure it out, they are pushing & testing & reacting to their own actions -- one might call that market manipulation, as i do.
as reality is constantly changing, there is money to be made on the sloppy structure...that is, from the duplicity enabled in, and allowed into/by, the system. and algos are out to exploit every cranny, at every moment, "by hook and by crook".
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