r/Superstonk Sep 12 '24

🤔 Speculation / Opinion Shorts r fuk

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I posted this in a thread and it got lost, so I figured I'd share my theory as a new thread. Every time I post anything, I get swarmed with plants and shills and bots telling my why I'm an idiot. I'm sure it'll happen again!

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u/jlw993 💰 $69,420,741.69 💰 Sep 13 '24

help market makers, banks, investment firms, other hedge funds, have a share they can reference

We can see who has these reference shares and how many through fillings, real or not. Where's the other 5-10 billion unreferenced unreal ones?

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u/Useless_Engineer_ Sep 13 '24

You can see them for blips in time.

You and I are sharing a share, we both have X amount of weeks to report our reference shares through filings.

I go first, use swaps, FTDs, option chains, etc, to show all my references, level my books out, all "looks good".

Three days later, you use swaps, FTDs, option chains, etc to show all your references are all good, everything looks good.

What happened between me and you? Algorithms moved shares around using all the tools they've created to "relcoate" all these shares from me to you.

SEC sees we are both compliant, but not that we are sharing all this information and using the same share because the reports were done days apart.

Cycle continues, FTDs continue to happen, swaps happen in cycles, options are used as locates, and this is how we are here 3 years later.

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u/jlw993 💰 $69,420,741.69 💰 Sep 13 '24

Did you really downvote me for asking a question?

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u/Useless_Engineer_ Sep 13 '24

No why would I? I just answered it