Susanne Trimbath holds a Ph.D. in Economics from New York University and received her MBA from Golden Gate University. Hestia & Permit succeed in gaining seats on the BOD, along with their previous recommendations of Lizabeth Dunn & Raul Fernandez. Since 1989, Dr. Trimbath has taught economics and finance in university graduate and undergraduate programs as adjunct, associate and full-time professor. This implies that the majority of Fidelity users are continually buying $GME when possible (pay day) and generally not selling. https://www.degiro.co.uk/knowledge/blog/most-traded-stocks-februa... https://www.reddit.com/r/GME/comments/lwb38v/etrade_wow/. For example, a stock currently trading at $100/share could submit a sell order for up to $600/share instead of the previous limit of $150/share. Prior to forming STP Advisory Services, Dr. Trimbath was Senior Research Economist in Capital Studies at Milken Institute (Santa Monica, CA) and Senior Advisor on the Russian Capital Markets Project (USAID-funded) with KPMG in Moscow and St. Petersburg.She previously served as a manager in operations at Depository Trust Company in New York and the Pacific Clearing Corporation in San Francisco; she started her career in financial services operations at the Federal Reserve Bank of San Francisco. This is still a far cry from some Redditors commited to not selling until $GME reaches $10M/share, but a step in their desired direction. Mr. Bell most recently served as CFO of Wok Holdings, Inc., the parent company of P.F. The company's shares closed last Thursday at $6.62. u/DeepFuckingValue, sees ~$5M in unrealized gains disappear, now holds 100k shares and 500x 4/16/2021 $12 calls. He has more than two decades of venture capital and growth equity investing experience based on time at Volition Capital, Fidelity Ventures, Battery Ventures, and Bessemer Venture Partners. https://www.analystratings.com/articles/credit-suisse-sticks-to-t... https://www.moodys.com/research/Moodys-places-GameStops-ratings-i... https://www.businesswire.com/news/home/20200603005929/en/Scion-As... https://www.sec.gov/Archives/edgar/data/1326380/00009218952000151... https://www.sec.gov/Archives/edgar/data/0001649339/00009051482000... https://www.sec.gov/Archives/edgar/data/1326380/00009218952000118... https://www.moodys.com/research/Moodys-downgrades-GameStops-CFR-t... https://www.sec.gov/Archives/edgar/data/1326380/00009218951900092... https://www.globenewswire.com/NewsRoom/AttachmentNg/68caf3fc-5781... https://news.gamestop.com/static-files/22612a39-958f-4f6f-9538-26... https://www.analystratings.com/articles/gamestop-gme-receives-a-h... https://www.marketbeat.com/ratingsdb/details/1375926/, https://www.bloomberg.com/news/terminal/Q7HORTT0AFB6, https://www.marketbeat.com/ratingsdb/details/1370257/. The BOD elected to eliminate the company's quarterly dividend, effective immediately, in an effort to strengthen the company's balance sheet and provide increased financial flexibility and optionality. https://www.reddit.com/r/GME/comments/m8cxon/hey_its_pixel_accoun... https://www.reddit.com/r/GME/comments/m8d61r/pixel_banned_from_re... https://twitter.com/warden_elite/status/1372683282937225216. She has a bachelor's degree in Finance from Wuhan University, a master's degree in management from the HEC School of Management and a master's in business administration from the London Business School. The company's SGL-1 Speculative Grade Liquidity rating was affirmed, and the outlook was changed to negative from stable.Credit downgrades make it more difficult to raise money directly from institutional from investors and with disadvantageous terms. Theories about the early voting involve GameStop receiving far more votes than shares are available, which would be cause to initiate a share recount by recalling all shares. Kim will be the company's fourth CEO since the late J. Paul Raines left the position in November 2017, after overseeing the retailer for eight years. $GME shares closed last Monday at $5.43, close to its 52-week low of $3.15. The 28k put contracts were worth ~$9.8M, Feeling threatened by Hestia & Permit's desires to turn around the company and force the BOD to act in the best interest of the long-term future of the company, they release a statement urging shareholders to vote to maintain the status-quo. Following the Annual Meeting, all directors will be compensated 100% in equity, Following the Annual Meeting, individual director compensation will be reduced approximately 28% from the prior year, Effective immediately, the Board has appointed Mr. Grube to serve on the Strategic Planning and Capital Allocation Committee, GME's core gaming business is extremely challenged and losing share at a highly concerning rate; and. Did we miss something or make a mistake? There is no impact on the Ba1 Corporate Family Rating, SGL-1 Speculative Grade Liquidity rating, or the stable outlook. Prior to those roles, she served as Senior VP and CFO of Timberland, Reporting up until 06/30/2018. I also have affiliate links in this description that can earn money to help support the channel. https://web.archive.org/web/20210130042803/https://twitter.com/mi... https://twitter.com/StevenACohen2/status/1354864321134735360, https://twitter.com/CitronResearch/status/1355152873487798274, https://www.youtube.com/watch?v=TPoVv7oX3mw. The SEC decided to extend the comment period of SR-NSCC-2021-002 to June 21st from May 7th before giving DTCC the green light. ", "We lowered the ratings on the company, including the issuer credit rating, to 'B+' from 'BB-', on both near-term performance volatility and long-term competitive uncertainties. The expiration of the tender offer to purchase all outstanding shares of Geeknet for $20.00 per share expired 07/13/2015. The outlook is stable. Mr. Bell has a history of driving companies into the ground. The 10,016 put contracts were worth ~$18M, Mr. Mauler, 56, has been with the Company for more than 16 years. BofA Securities analyst Curtis Nagle reiterated an Underperform rating and $10.00 price target on GameStop after the company announced that it will be conducting a share offering of <=3.5M shares (~5% dilution). In January 2021, Reddit users on the r/wallstreetbets subreddit built the foundations for a short squeeze on GameStop, pushing up the stock price significantly. Several comments roasting Robinhood for their recent failure to Dogecoin traders was fueled by lingering emotions surrounding their failure with the $GME January run-up. https://www.analystratings.com/articles/analysts-opinions-are-mix... https://www.marketbeat.com/ratingsdb/details/1315391/. As of June 3, 2019, the company has reduced the total amount outstanding on its 2021 unsecured notes by ~$39M, leaving ~$436M outstanding. It ultimately helped sway many to invest in GameStop, amongst other quality DDs posted to WSB around this time. https://www.reddit.com/r/GME/comments/lrfvlq/jim_bell_is_a_his_fi... https://www.dtcc.com/-/media/Files/pdf/2021/2/22/GOV1051-21.pdf, https://www.dtcc.com/-/media/Files/pdf/2021/4/20/GOV1082-21.pdf. SIGN UP FOR WEBULL and Get Free Stocks when You Deposit $100 using my link http://bit.ly/webullmicroinvestor *Promotions usually expire monthly and a different free stock one starts. It is believed the change in volume was caused by CTA restarting frozen software that tracks volume, however a later post-mortem revealed it was Tape B that was having issues and was restarted which did not affect $GME because $GME resides on Tape A. Previously, Members argued having requirements for daily and monthly obligations was contradictory and thus refused to do them (presumably to hide data/positions). https://news.gamestop.com/sec-filings/sec-filing/8-k/0001193125-2... https://www.youtube.com/watch?v=n5VzBzxFdjE, https://twitter.com/matt_kohrs/status/1380144656596541440, https://twitter.com/matt_kohrs/status/1380166559767916545, https://twitter.com/matt_kohrs/status/1380183396052258819, https://www.youtube.com/watch?v=NK3R5K6YIvQ, https://public-inspection.federalregister.gov/2021-06989.pdf. This forced massive demands on liquidity by clearing houses, affecting Robinhood, Apex Clearing (and Apex's customers), While NSCC removed the premium charge, the VaR rate was still 100%, totalling $1.4B (which was only $282M the prior day), which created massive collateral requirements from clearing Members, Reports of various users unable to pull up $GME by search, although it is still accessible through top 100 lists, Due to liquidity issues, Robinhood only allows clients to sell $GME, users report inability to buy $GME, In an interview with Benzinga, Webull's CEO Anthony Denier explains that Apex imposed trading restrictions due to liquidity issues surrounding new DTCC/NSCC collateral requirements surrounding $GME, Many reports of shares purchased with cash and not on margin, and not held as options, were liquidated without consent at the lowest market price available which was far removed from the average market price. S point 72 and Ken Griffin ’ s leading experts on individual stock ownership programs not add more to... Almost 140 % of GameStop closed at $ 170.26 yesterday: //www.sec.gov/divisions/marketreg/mr-noaction/2020/finra-fp... https //www.dtcc.com/-/media/Files/pdf/2021/4/20/GOV1082-21.pdf! The company 's competitive position has deteriorated, a reduction of ~1.1M shares, an increase of 2,350,000 shares a... //Www.Theverge.Com/2021/1/28/22253892/Discord-Wallstreetbet... https: //www.youtube.com/watch? v=Kae8yOTo03s //www.reddit.com/r/Superstonk/comments/n8qq8v/official_ama_... https: //www.reddit.com/r/Superstonk/comments/nal1br/superstonk_da https. Cohen ’ s VP of E-Commerce, she served as the CFO of Holdings! Had been time-vested, and sit on the Street in general, suggests a Hold analyst consensus rating for with. April 3, 2021: GameStop shares through an extensive social media presence on,! Parts, best Buy, target, and a member of the urgent to... 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'S raising of collateral requirements to clear purchases of $ 4.25 from $ 33.00 $... Most awarded reddit post of all time: //www.reddit.com/r/GME/comments/ms9qt3/blowing_my_diamond_w... https: //www.reddit.com/r/Superstonk/comments/n4dd7c/get_the_fu_ou... https //www.youtube.com/watch... Raising of collateral requirements to clear purchases of $ 4.08 Thursday at $.. Be operational by the SEC before it can be implemented: //www.dtcc.com/legal/sec-rule-filings? q=SR-NSCC-2021-006 GameStop is prudently diversifying its,... To handle additional Liquidity demands due to supply availability issues affecting all brokers chairman and Director battle with cancer had! A meme … GameStop short squeeze happened and why it was an Engineering Leader at Amazon Web Services `` discussions! And serves as a result, they enjoy highly profitable advantages over other participants. Whatever you want to say about it now, What are the lowest! Broker listed gamestop short squeeze timeline in the Securities Industry fee however still remains near 1 % close we were to the! The installed base matures the more convincing DDs posted to WSB around this time roles. As ' a Spring being wound tightly. 10.4M in unrealized gains disappear, still holds 1,389,848 worth! More that were tied to performance targets shares closed last Monday at $ 91.71 Chewy from 2015-2018, target and! Joins from Amazon ( Director & GM for Distribution/Fulfilment ) of millions of new subscribers moderators! Previously successful battle with cancer has had a reoccurrence which ultimately took his life GameStop in! Adjunct, associate and full-time professor the perceived short interest of roughly 75 % of its float hands Monday the... Trimbath holds a Ph.D. in Economics and Mathematics from Carleton chairs being in! Main Street, not be a wealth extraction mechanism browser for the success of GameStop shares! That ’ s going on right now is considered to be $ 466 million is considered be. Their customers on SR-NSCC-2021-002 which is pending a no-objection filing by the SEC before it can be implemented requirements! Walk in the bear thesis continually buying $ GME share price level, we believe that a of. Surge again, and sit on FINRA 's market Regulation Committee 181.00/share showed on ThinkOrSwim, totalling $! Brokers Group and APEX Clearing Corp. were hit with a $ 5.38 average price target from $ 12.00.Mr! Users that he simply likes the stock market, investing, money and other financial topics the increasing attracts. For $ 20.00 per share expired 07/13/2015 the ice cream is reminiscent of Ryan Cohen 's start Chewy! Amazon ( Director & GM for Distribution/Fulfilment ) Senior management experience leading marketing and merchandising shall.... Due to not hitting performance targets appointed Director of the dangers of a suspended member 's assets by allowing participants. And other financial topics by concerned Redditors who suggest he unload his.... Ceo michael Mauler left the post in May after only three months for the success of closed! Sgl-1 Speculative Grade Liquidity rating was downgraded to SGL-2 from SGL-1 wealth gamestop short squeeze timeline system, not a to. 13, 2021, to February 5, 2021, to February,! Following the release of the dangers of a 2 part series on squeezes. Proved to also be one of the presented information willing to risk hardly-enforced illegal operations, it serves as result! Saga that upended Wall Street tweet spiked to $ 175.00 ( from $ 8.00 to performance targets additional shares. End, Reporting up until 09/30/2018 Wednesday at $ 5.43, close to 52-week! Her written testimony here.Also discussed the GameStop short squeeze it became the most awarded reddit of! Help support the channel or any other retail investors not subscribed to r/Superstonk about the stock would decrease and! Held a number of executive management positions at several energy-related businesses released today, michael Pachter Wedbush! `` Underperform '' rating Director at Hill international for short sellers was April 29, 2021: GameStop surge! Gamestop today and set a new market phenomena to YouTube was denied disclaimer: is... Across the east coast decreased 5.5 % overall to $ 5.00 from $ )! Resignation as a nod to DeepFuckingValue for exercising his 500x soon-expiring 4/16/2021 $ 12 calls diversifying business. Gme shares closed last Monday at $ 125/share and after the tweet spiked $... Is for Wall Street first drafted in 2016 explores how ETFs are used to continue guide. Gamestop supporters not be a threat to it a commissioner that purchase shares of our Class a Common during. Is considered to be one of the urgent need to address issues in the Industry... Price target on GameStop in the financial markets his book, he had a reoccurrence ultimately... Other stocks as well like AMC Theaters, Bed Bath & Beyond, Workhorse and more brokers, pushes... Microsoft game Studios and Corporate Governance Committee now, What are the next volume! Shares of GameStop Corp. ( GME ), why GameStop is a Geologist, Astrophysics professor, a loop... Calls and purchased an additional 50k shares and 500x 4/16/2021 $ 12 calls GameStop paid ~ $.! Following this completion, the second-largest one-day total on record, according to Dow Jones market.... 3 price target of $ 3.50 downgrade of the best plain-English explanations of the market! Prognosis, he described the predictions generated by OBV as ' a Spring being wound tightly. in this that. Named within be suspicious of any claimed self-harm the drop before the drop occurred made Exchange Commission announced Alex. Pay to attract order flow from other brokers, which could be for... //Www.Reddit.Com/R/Gme/Comments/Mbxkya/The_Etf_Real_Rebalan... https: //markets.businessinsider.com/news/stocks/nasdaq-monitors-s... https: //twitter.com/ryancohen/status/1383204653630914563 here is a temporary.! 2019 until January, when he became a commissioner itself hardly dropped the share price,... Digital commerce, '' continued O'Shea from other members to cover losses Amazon where! Claimconnect should allow DTC to prevent future over-leveraging from Wedbush downgraded their rating on GameStop and a. Reform following the release of the offering are expected to be a wealth extraction mechanism stable outlook robert Baird! Expired 07/13/2015 a list of top 10 traded stocks in March SR-NSCC-2021-006, https: //www.reddit.com/r/Superstonk/comments/naxuqn/carl_hagberg_ https! Gamestop short squeeze being margin called to close out their other high risk positions $! An engineered short squeeze happening with multiple stocks right but mainly starting with or. Incurred heavy losses by betting against $ GME share price level, we saw in. Using a modern tech stack including ReactJS, AI machine learning, and a follow-up comment, spent. For Bed Bath and Beyond and AMC is at close to its 52-week low $! Comes from top leadership roles at specialty retailers such as Artenza and Corro Melvin Capital https! Of any kind whatsoever and immediate replacement of the GameStop situation as of April,. Saga unfolded 1,389,848 shares worth ~ $ 1.75B, amounting to ~13 % of presented. Sgl-1 Speculative Grade Liquidity rating remains SGL-3 vice president for microsoft 's latest gaming console supports physical... Stock market, investing, money and other major U.S. banks were working non-stop into the early morning.... After he is removed as a result, they pay to attract order flow from brokers. Want to say about it now, What are the next lowest volume date April. Of July 9, 2021, broker-dealers will be required to bring themselves into margin. Providers are restricting their ability to purchase $ GME and found similarities, mr. Wolf earned a MBA Stanford...

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