So I posted this in r/GME, b/c it got removed here after mentioning a different ticker, so I amended it, and hopefully it will stick this time….
So, I saw this bid come in at the end of the day –
2500 shares for … $1.10 – One dollar and ten fucking cents! The Order came from MEMX. MEMX? I did a bit of digging and here are a few screenshots of what I found…
Members Only Trading for Institutions. Why would they use MEMX?… Well Here is a list of Codes, and their corresponding transaction fees. They are all pretty fucking sketchy but code “Z” is the one I found to be most disturbing – “Routed To Another Market , Removed Liquidity” … Fucking scumbags….
Insane.
So who funds this operation? Well apparently everyone….
Literally….
Do this infuriate you? It Should….
Another interesting tidbit I came across today is PYTH. ( https://pyth.network/markets/#GME/USD ) A network that tracks trades in real time using blockchain encryption – Check out the price for GME….
Credit ST user SKEEBO
WOAH! – 2500$ and has traded for as much as $5000 WTF?!
Guys – Check out the month view on the PYTH link. Also keep a close eye on it day in and day out… It will be able to tell us in real time when the Darkpool price spikes.
It is spiking at times of critical mass. When the stock is about to make a major move,For Instance – today when we breached the heavy resistance level of 164, very briefly , and on Monday, darkpool prices spikes well into the thousands – They buy at those prices, and then re route the orders – probably going through MEMX (im sure there are others, but MEMX seems to be the Big One) until it is supressed. CLEARLY someone is paying BIG BUX for those shares at time of critical mass – presumably to buy them in the dark pools for 2-5K a piece and then Bid them for 1.10$ on the NYSE. to supress liftoff.
But Wait, theres more…
Last but not least – today at 2:10 PM CST there were attacks on our stock and another that shall not be named….here is a comparison of The MOO-VEY Stock & GME price action just as the MEMX bid came through – corresponds perfectly with a coordinated ladder attack
Credit a different ST User who I cant find ATM, but will update later when I do.
ALSO….
PYTH is VERY LEGIT and I think it can be a very valuable tool moving forward.
I HOPE I WAS ABLE TO PROVIDE YOU GOOD PEOPLE WITH GOOD INFO. I love you retards. Seriously I love you crayon eating, banana up the ass taking , wife’s boyfriend having , drooling on yourself asses to the moon and back.
Be good to each other, retards. BUY SHARES STAY AWAY FROM WEEKLIES – I have to go tend to the garden because my wife is in the house getting Plowed by her boyfriend
– im not even allowed to watch 🙁 – and fuck me, these tomatoes won’t grow themselves!
WHAT THE FUCK , KENNY?!
Cheers?
EDIT – Here is an interesting article on MEMX that was shared w/ me by u/deenatt –
EDIT #2 – IN REGARDS TO PYTH – I guess in my haste to get this info out, I did not address the disclaimer “The data is published on a testnet / devnet site and are experimental”. Although, In my humble and speculative opinion, It is just that a disclaimer – similar maybe to “This is not financial advice. I’m not a financial analyst”? Again, I am speculating here. Furthermore, though ….
u/Nice-Violinist-6395 – who is much more informed than I, as pertaining to coding, programming & blockchain tech, and did QUITE a bit more research- this is what Nice-Violinist-6395 discovered….
**”********** I remember when all this was taking off after January, a random user with a since-deleted account — who claimed to work for a big SHF and would have been very sketchy except for the specific, accurate details he provided — said something along the lines of “you guys are starting to figure it out. But I promise you this: you haven’t even found 5% of the ways we’re cheating yet.”
And what have we discovered since that time? Married puts. Deep ITM calls. The FTD cycle. Dark Pools. Algorithmic patterns. So much more —
And today, MEMX and PYTH.
The big picture question, as it’s always been, is “do you believe the hedge funds have somehow gotten far less corrupt since 2008, or are they as corrupt as ever, just with far more tools at their disposal?”
Nevertheless, brick by brick, piece by piece, we’re figuring it out.
……….
For the first time, there will be a comprehensive, data-driven analysis and summary of all the ways the hedgies are cheating, and all the f*****-up things they’ve been doing to steal from regular people for a decade.
…….
This will change Wall Street forever.
So OP? Please accept my thanks, on behalf of the above commenter and all of Superstonk.
This is an indescribably important piece of the puzzle.
EDIT: holy shit, I checked and it it corresponds exactly. To the minute. Before each price drop — what we’ve been calling a “short ladder attack” — the price spikes anywhere from $600 to $800. Literally the minute the price has fallen down to a “safe” level, the dark pool price sinks back to $162. You can see for yourself, check out what happens between 11:29 and 11:44. This is insane. Probably the single best piece of DD to come out in recent memory.
EDIT 2: I’m down the rabbit hole now. I looked up the CEO of MEMX: Jonathan Kellner, who was formerly the CEO of Instinet, where he worked for 11 years. Instinet, by the way, was founded in 1969, where it helped pioneer the art of computerized trading — and also LITERALLY CREATED THE DARK POOL.
Seriously. Google “who created the dark pool” and see for yourself.
Guys, I can’t emphasize this enough. THIS IS A FUCKING HUGE DISCOVERY.
Keep. Digging.” *********************
Dont shoot the messenger here, i don’t think i’m grasping at straws – but at the same time would like to once again reiterate that this PYTH data is technically SPECULATION until someone w a few more wrinkles can confirm or deny.
I’m not trying to become a reddit superstar or anything, i just happened to notice some things that didn’t quite add up, and decided to go digging – and this was the result. I am in no way attempting to cause a rift, divide, or spread misinformation. This is THE information, as pertains to the situation in which I uncovered.
Thanks for all the awards – but STOP GIVING ME THEM AND BUY MORE STOCK – only if you want to, however, as i am NOT a financial advisor, and none of this is to be interpreted as financial advice. I don’t even know how to read or do numbers. Mostly just drool on myself while gnawing on delicious fuscia & magenta crayola’s…. mmmmmm. delicious.
*****EDIT #2 : I’d like to share a message i received from u/Maximus_King_Mars…
“I’m imagining that the FTD shorted stocks or counterfeit stocks have a special status associated with them that allow them to be “owned” by the MEMX index. Like them borrowing your own stock as well.Because of trade account aggregation, each crime is done in bulk by the shadow index on behalf of the members. So instead of each member getting hit for $5M per action, billions of dollars worth of moves just incur a $5M fee for the naked selling without giving the stock back.This fee paid into by each institutional member. Its a whole shadow league of illicit trading that dilutes the value of the shares as wellOn top of that, they are likely to be bailed out at any time, so we are literally paying taxes on behalf of our great grandchildren to hold our own positions down.I’m trying to figure out how the cycle of buying high and bidding low works though as far as the entry of shares into the shadow index…on the bright side, the actions we take now are making the corruption obviousPrices are set or tracked within the index itself between the players, so it being separate from the main indices but using the same shares should not be a problemIf you find value in this thinking, please post on my behalf”
ALSO- I was contacted by the PYTH team in regards to this post – specifically the price action for GME. They said “They Loved my content” and I am Awaiting a reply from them, for a chat to iron a few details in which they are offering me. Among other things, how they get their info… this should clarify a few things and hopefully shed some new light on the situation, as the price did spike again last week. I will update this thread ASAP, as soon as we’ve finished speaking w/ the PYTH team. Thanks guys.
This started as a VERY speculative theory, but is turning into a concrete thesis. Thanks to everyone who has messaged me with further info, and to anyone who is compiling data to do so with in the future. I have my soul to the pulse of the market and will not stop digging until we have ANSWERS, and until our voices are heard, not just by market makers, or poloticians, or Hedge Funds, but by THE ENTIRE WORLD.
What a long strange trip…. Be kind to one and other.
<3