TLDR: 5,074,937 shares (around 10% of the free float) were failed to deliver during the first half of January. This is not a tiny amount for which can be classed as an "error" with clearing, but rather signifying the fact that our thesis that they were naked short-selling was correct. This is a crime. The proof is there, literally, in the data. Since the figures change on each day, and they don't distinguish between new fails and other fails I have just assumed that they're new fails. The real number may be less as a result, but don't be mistaken that the naked shorts go into the millions to say the least.
I am a retard and may be wrong on this. Do your DD.
Source:
https://www.sec.gov/data/foiadocsfailsdatahtm
Hi Guys,
Today the SEC data on the failures to deliver just came out for the first half of January. Note that GME has been on the SEC Threshold List since the 8th of December. This list was created by the SEC to make sure they could keep their eyes on abusive naked short-selling, but just like 2008 they're asleep at the wheel. When you short a share, you have to deliver the shares to the buyer within 2 days. If not, it's classed as a failure to deliver and signifies that you sold shares without having them or being able to locate them a.k.a naked short-selling
I just combed through the data on this (you can go through it yourself and add up the "GME" failures to deliver) and the failures to deliver added up to 5,074,937 shares. That's almost 10% of the whole fucking free float. We don't even have the data on what's happened after the first half of January, but I assume it must be higher because of the even greater price spikes we have seen.
This is FUCKING CRIMINAL and all of these idiots deserve to go to jail for what they've done. They got their hand caught in the cookie jar shorting 140% of the free float of GME, then halt trading at the same time across the world and then tank to get the paper hands to sell. Now they're pushing the narrative that we're focusing on silver which is complete BULLSHIT. All the posts calling for silver are 2 day old Citadel/Melvin shill accounts, DO NOT LISTEN TO THEM.
The facts are on our side. The hedge funds cannot suddenly change the rules of the game so the SEC can't report failures to deliver. The fact that they most of them don't have ANY SHARES to actually back their short position, I think that the short interest is still heavily underreported (don't listen to S3 or any of the sellouts, check Finwiz). We're still at around 122%. They literally cannot cover, and this is the thing none of the media shills are talking about. Even if they wanted to, they couldn't cover. This is why GME has been on the SEC Threshold List since December. This is pure naked short-selling.
So, continue holding. DON'T LET ANYONE TELL YOU THAT WE DON'T HAVE THEM BY THE FUCKING BALLS. WE DO, AND IT'S TIME TO PAY THE PIPER.
Disclaimer: I am an autist and not a financial adviser. I just ate crayons for dinner. I hold shares in GME because I like the stock. Do your own DD.
Edit 1: I added up the aggregate balance on each day reported. The reason I have added them all up is because such large numbers cannot be due to clearing errors. I am an autist so I might be wrong, but I read that it was measured as an aggregate balance. I think the data makes sense because we know there was 140% short interest, so there must have been huge amounts of naked shorts and thus failures to deliver. Lots of people set limit orders and asked their brokers not to lend their shares which must have contributed to this. Someone please tell me if I'm wrong.
Tendy Capital