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...particularly during the earlier rise from January 22 to 27 the price of GME rose as the short interest decreased. Staff also observed discrete periods of sharp price increases during which accounts held by firms known to the staff to be covering short interest in GME were actively buying large volumes of GME shares, in some cases accounting for very significant portions of the net buying pressure during a period... The SEC is clearly convinced that the major short positions were closed in this period ...buy volume in GME, including buy volume from participants identified as having large short positions, increased significantly beginning around January 22 and remained high for several days, corresponding to the beginning of the most dramatic phase of the run-up in GME’s price. Note that the volume selling by shorts is high at the *beginning*, before most apes really piled on. This is the period when DFV and the original WSB apes routed the hedge funds >Figure 6 shows that the run-up in GME stock price coincided with buying by those with short positions. However, it also shows that *such buying was a small fraction of overall buy volume* Apes love to seize on this line because to them it suggests that shorts weren't buying. In context, what it really means is that the shorts were largely finished buying by this point in the cycle, and apes were now bidding up the price *after* the squeeze.
...and that GME share prices continued to be high after the direct effects of covering short positions would have waned. The underlying motivation of such buy volume cannot be determined; \\ perhaps it was motivated by the desire to maintain a short squeeze. Whether driven by a desire to squeeze short sellers and thus to profit from the resultant rise in price, or by belief in the fundamentals of GameStop, *it was the positive sentiment, not the buying-to cover*, that sustained the weeks-long price appreciation of GameStop stock. This is by far the most misunderstood passage "not buying to cover" isn't the same as "shorts didn't cover". What they are saying is that days and weeks after the squeeze, trapped shorts were no longer driving the volume/price action, retail investors were, at least in the view of the SEC. The SEC *never* claimed the shorts didn't cover. You can say the SEC were wrong, you can claim they're corrupt, but you can't credibly claim that the SEC believes that the shorts didn't close.](/r/wallstreetbets/comments/tumdex/deep_dive_into_the_market_cycle_and_how_it/i37p8u1/)

NYSE:GME DATE : Sun Apr 3 11:52:32 2022 SUBREDDIT : wallstreetbets

Make WSB GME Again

NYSE:GME DATE : Sat Apr 2 18:46:11 2022 SUBREDDIT : wallstreetbets

it's almost as if that sentiment of 'DRSing is some kind of conspiracy' is being pushed by the very people that are naked short on GME. It is a sentiment to get regular people to dismiss it as nonsense. did ya'll see that recent post calling it a cult? that kind of post is designed to draw a line, create an us versus them, and in that case "them" are stupid morons who don't know anything about anything and be dismissed and ignored. Please do not listen to what those cultists have to say. Please do not direct register your shares. Please do not take ownership of your shares away from us DRS is the way and I am happy to see this subreddit start to be waking up to this reality.

NYSE:GME DATE : Sun Apr 3 03:12:58 2022 SUBREDDIT : wallstreetbets

At the current DRS rate (10million over 6 months) its gonna take over 3 years to lock the float but that's ignoring the large chunks of shares owned by institutions that have no reason to DRS and will continue lending their shares at high borrow rates to let people continue trading. Not to mention the fact that GME keeps bleeding money each quarter and has shown last summer that they are fine with issuing more shares to generate cash to stay afloat so if/when they run low on cash they'll probably do it again, especially if share price is inflated. In fact that new 8K filing this week that says they want to raise the number of potential shares in order to split, would also allow them to issue more shares to raise cash once that cap is raised. Retail locking 100% of the float just will never happen. If you get close, I could always just buy one share and refuse to DRS it and keep share lending enabled on my broker so the best you could do is 99.999999% locked while my lone share gets borrowed and traded around all day.

NYSE:GME DATE : Sat Apr 2 18:23:38 2022 SUBREDDIT : wallstreetbets

I hope that both GME users and everyone else can coexist. Last time around there were a lot of people on both sides antagonizing the other. It was kind of fun and games at first, but eventually we saw a lot of malice, like, actual hatred, and that's not cool. I don't really know the answer honestly. I just wish everyone would be cool.

NYSE:GME DATE : Sun Apr 3 02:08:36 2022 SUBREDDIT : wallstreetbets

Right? I unsubbed after GME got silenced because it was the only thing I was Yolod in. Now that it's chatty I subbed back again

NYSE:GME DATE : Sun Apr 3 01:56:14 2022 SUBREDDIT : wallstreetbets

6.7 million GME shares are held in ETFs. Not sure how you can claim “most shares come from ETFs” when GME’s 4th quarter report showed millions than that more where held by individuals in Computershare. Me DRSing my 1 share doesn’t prevent all future fuckery for the entire stock, but it does prevent it for at least my 1 share.