Gamestop ain’t over:

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Gamestop ain’t over.

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The story isn’t done.

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Ken Griffin and Wall Street aren’t out of the woods.

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Just finished ‘Dumb Money.’

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As someone who’s followed this for years, it was actually decent.

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Presented characters in good lights.

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The sentiment of the movie around Wall Street still remains.

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People hate them.

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They’ve ruined the global economy in the past.

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And are about to do it again.

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Millions of peoples lives ruined forever.

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All in the name of greed.

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Problem is those Wall Street folks haven’t stopped shorting.

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Meanwhile, the Internet hasn’t stopped buying.

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Every day you see more and more shares being directly registered.

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DRS baby.

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The glitch in the infinite money hack that Wall Street runs.

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Let me explain.

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Market makers like Citadel, State Street and Susquehana allow stock markets to work.

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They provide liquidity or shares for people to buy.

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If there aren’t any shares to buy, they’ll supply those shares and wait till they can fill the void.

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However, many times they may not find the shares to give to you.

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They therefore fail to deliver shares.

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They can decide to just not find them.

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And add non-existent liquidity to the system.

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If a company has 100 shares and no one wants to sell, the market maker will create more than 100 shares.

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The problem happens when people go short without owning the shares.

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Like we found out in 2021, Gamestop was shorted 140%.

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More shares were short on the stock than shares total.

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Many people since 2021 believe the situation was over.

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That shorts closed.

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Not covered, but closed.

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Wrong.

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They just kept shorting.

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With shares they don’t have.

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How?

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Derivatives.

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ETFs.

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Market makers providing ‘liquidity.’

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How screwed up is it that Ken Griffin can own and operate the largest market-making firm in the US AND have a hedge fund?

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He front runs the market through payment for order flow, then makes money with his hedge fund betting on those trades.

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Welcome to America.

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Where the ultra-wealthy rig the market.

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Where billionaires like Steve Cohen and Ken Griffin bail out their friends like Gabe Plotkin while millions suffer.

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Gamestop provided a beacon of hope.

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A reason to get up in the morning and believe in the good in the world.

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It still does.

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Millions of people haven’t left.

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They’ve bought more.

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And they’re taking them out of the market.

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Buckle up.

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This situation ain’t over.

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