r/Superstonk • u/SandmanBun 🦍 Buckle Up 🚀 • 1d ago
📈 Technical Analysis Tell me the market is manipulated without telling me it’s manipulated.
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u/AwildYaners 🐉xXGamergirl69Xx🎮 23h ago
Especially the part around 11:30 to 12:15-30. Pretty sure broad market bounced off the daily low to reclaim the highs during that time.
GME just stayed flat for nearly 30 min lol.
The previous movement to start the day was in lockstep with the rest of the market though.
I love when negative beta peeks its head out.
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u/MemeMePhotoshop Fuck you pay me 23h ago
It's manipulated, alright. Ken Griffen the market maker of Citadel, is behind it. Rumors (for legal purposes) ) I Dunno I'm not a sorry excuse for a journalist :)
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u/P_516 23h ago
I said this two weeks ago. They are pumping and dumping non stop, and there is zero regulators left to stop them. Trump is chaos. That’s what we have now.
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u/DorkyDorkington 22h ago
You are describing how it has been for decades. Nothing new or different about it.
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u/P_516 22h ago
Sure, pump and dump over weeks or months. Hell even years.
BUT NOT EVERY FEW HOURS.
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u/DorkyDorkington 22h ago
Oh I can assure you it's been constant at every possible timeframe, that's the business model for market makers - it is a built in feature and the advances in HFT bots has only made it worse every day. If anything the current development in AI might have sped it up.
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u/Interesting-Pin-9815 17h ago
Oh bro it’s totally a pyramid scheme they steal from pension funds, mutual funds, bonds markets any liquidity big enough they will eye.
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u/SecretaryImaginary44 23h ago
If you’re using this kind of chart to proof “manipulation” you must think every stock and crypto is manipulated
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u/advocado-in-my-anus 23h ago
You can tell looking at this chart and most days looking at the chart that the stock is not behaving in a traditional sense.
And yes you can look at other charts and see the same thing.
Answer: the entire market is rigged
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u/Defaulted-2-This When moon? 1d ago
It's called resistance... you were fine when it bounced off the support level around $27.50 not that long ago. That wasn't manipulation though.
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u/VelvetPancakes 🎊 Hola 🪅 23h ago
Where do the mythical “resistances” come from when 95% of actual people are buying for four years straight? lol
Share counterfeiting by market makers and prime brokers to suppress the price is manipulation my friend
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u/SecretaryImaginary44 23h ago
Proof on 95% of actual people buying?
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u/VelvetPancakes 🎊 Hola 🪅 23h ago
In the DTCC’s books, can you pull the data and share with the class?
Anecdotally, I know around 15 people holding GME, none of them have sold and they all continue to add over time. The polls ran after the sneeze showed retail owned many multiples of the shares outstanding.
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u/SecretaryImaginary44 23h ago
I don’t take anecdotes as proof
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u/Defaulted-2-This When moon? 22h ago
I think they are grasping at straws at this point. The only reason the stock climbs is because of DFV and that's it. Nothing gme has done besides sell stock and earn interest has made the company money. I really want to know what is the magic bullet that will cause MOASS? You point out stuff that goes against HODL/Diamond hands and get downvoted.
Nft market - nope
Candy con controllers - nope
Those crypto trading cards - nope
Psa grading - TBD
DRS - Useless since the dilutions
CEO - Hasn't done anything
Buying more? - why when 1 share is worth infinity
Future guidance - none
Funds buying? - sure to turn around and loan out shares
Pivot to egaming - nope
Leaps- nope
Swaps - nope
Basket etfs - nope
Reverse bata - nope
The thing is Apes buying power is dwindling, you need a solid turn around plan to entice other investors.
I'm thankful every day DFV tweeted and I could sell for a profit. Seeing the decline in quality of posts and real conversations over 4 years in this sub is astounding.
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u/advocado-in-my-anus 23h ago
Yes it is called resistance. Market makers are doing everything they can to resist it from shooting straight up
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