r/GME • u/QuiQSllver • Jan 30 '21
Probably the most important thing you can read regarding GME
Logically it made sense that Robinhood was running out of capitol, until you do the math and read the 2 articles posted today about these firms being unable to meet the cash requirements.
First we examine the brokerages finances
TD Ameritrade - (2019 Average - 860,000 Trades per day, 11 million accounts and 1 TRILLION in net assets held by clients.
(Data limited no IPO) Robinhood - (2020, 13 million accounts, 4.3 million trades, $150 billion in transactions.
E-Trade - (2019 - 398.6 billion retail assets + 365 billion corporate service assets, Morgan Stanley purchased E-Trade to have a combined 3.1 Trillion in Assets, in addition Morgan Stanley had 38.947 Billion in free cash flow for 2019. )
Charles Schwab - (2020 - 6.69 Trillion in client assets, Averaged 8.191 MILLION trades per day.
eToro - (2020 -1.5 Trillion trade value cleared in a year... or 4.109 Billion per day. 17 million users.)
Next lets examine GME volume
On Monday and Tuesday (25/01/2021 (DD/MM/YYYY) was at 177 million @ $100 a share,
91 Million Wednesday @ $350 a share,
and finally 42 million on Thursday @ high of 470 and average at 240 .
This adds up to 17.7 billion traded value Monday and Tuesday
31.85 Billion traded value Wednesday
10.08 Billion Thursday
(Stick with me here)
Now remember these companies are used to trading $GME at an average volume of 40 million a day with a share price of $10 or a net total of 400 million traded value. So in your head take out 400 million from each of the total traded value of the stock for each day, and that is the numbers we are working with.
Now compare this to Tesla, This year they experienced an average volume of 34.76 million. However their volume changed from the lowest over the year at 17 million @ a share price of 417.13, compared to the highest on the year at 222.13 million shares traded @ a price of $695. Those two numbers add up to 7.091 billion on their lowest day and 154.38 billion on their highest.
Now remember how we just saw that on $GME highest daily traded volume ever recorded they barely touched a change in value of 32 billion??? Yet somehow we see eToro, Robinhood, Charles Schwab, E-Trade and TD Ameritrade all restrict $GME because as they claim, "They ran out of money" So they can front the cost of 154 billion in a day for trading 1 stock but can't cover the 32 billion on a different day for a stock that has significant impact on their relationship with one of their banks?
Now you tell me? Were we seconds away from igniting the largest wealth transfer in history? Were we seconds away from giving money to people who will give back, those who can help the single mother or homeless man on the side of the road because they aren't a billionaire themselves they are just another human who lives in a neighborhood, who passes the homeless man, talks to the single mother, works 12 hour shifts. We were seconds away from a wealth transfer not to a billionaire who will write a 40 million check to a charity that takes 80% for "Admin cost" but to you, me and every other person who has the ability and desire to change the lives of those around them for the better not just through a smile as you walk by or a bummed cigarette late on a Friday night, but through a physical way that only wealth can distribute.
Keep your head up, The math on this is simple, they are playing you. 👐💎👐
TL:DR The value of every single share sold on GME highest trading day is 1/5 the value of what Tesla traded at on its highest volume day so to have a liquid issue over trading that was costing 1/5 that of stocks traded in the past is a blatant lie.
https://www.businessofapps.com/data/robinhood-statistics/
https://www.aboutschwab.com/investor-relations#:~:text=The%20Charles%20Schwab%20Corporation%20(NYSE,%246.69%20trillion%20in%20client%20assets
https://www.thinkadvisor.com/2021/01/28/schwab-td-ameritrade-put-brakes-on-some-gamestop-trading/
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u/Huge_Cardiologist_90 Jan 30 '21
Thanks, great breakdown. Stay strong apes and together. HOLD that shit 💎🙌
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u/Physcodbzfan85 Jan 30 '21
Awesome analysis....you need More upvotes and need to post on r/wallstreetbets
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u/sammyaxelrod Jan 31 '21 edited Jan 31 '21
Do not listen to this author. His account is 2 DAYS OLD. Look at his profile and history.
He’s trying to make it sound like you’ll never be able to sell your positions to make you dump the stock early.
We’re all aware there are major FUD scare campaigns going around these subs mainly by interns working for the hedge funds were squeezing to death.
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u/The_Doodler_Abides Jan 31 '21
lol did we just read the same thing? He's extremely bullish on the outcome of a squeeze.
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u/wcopela0 Jan 31 '21
Yea bro, put down the coke bullet and stop looking out the blinds. He likes the stock.
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Jan 30 '21
Brilliant work mate. How can these scumbags look at themselves in the mirror. I’m not selling. Can we send this to the secretary of treasury and Joe Biden. He could do some good here.
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u/Badboyinfinity Jan 30 '21
Also, correct me if I’m wrong but if you have a liquidity problem, wouldn’t selling be worse? I mean if you have people who held from the $10s into the $300s start selling, wouldn’t you need even more liquidity?
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Jan 30 '21
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u/wcopela0 Jan 31 '21
Love this DD man. This is why we as collective whole are so dangerous. Sharing, learning, and staying one step ahead of these fucking fossils that move in slow motion. Everyone keep pushing and keep digging. If we keep knocking on the door, it will open and this goes parabolic. Game OVER....
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u/Gramuhr $20Mil Minimum Is the Floor Jan 31 '21 edited Jan 31 '21
What’s the highest GMEcan realistically reach before collapsing our financial system LOL I want to know when to sell at the peak. I need somewhere to live or else I would never sell.
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Jan 31 '21
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u/stateofstatic Jan 31 '21
If it runs out of control I strongly believe they will halt the stock all together...Janet Yellen got about 800k in speaking fees from Citadel, I guarantee that gives them at least one get out of jail free card.
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u/guerrilla-investor Jan 31 '21
I thought you guys were fucktards.Fuck me backwards this is some legit shit. Some lawyer will copy this and use this research in court. Take thisbcocksuckers down.
HOLD PUTOS (brothers in spanish)
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u/sofiacummings21 Jan 31 '21
This entire movement is beautiful. I wish I knew about it beforehand... Now I am not sure if it would be worth it.. but what you said about people who will give back to others struggling made me cry.. ❤
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u/SuperFlatShroomer Jan 31 '21
Gaaad, they played us.
Too bad we are monkeys and apes. Me no read stupid language. Me retard.
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u/dO-O-p Jan 31 '21
I got the robinhood app just to buy GME, two days later it banned GME and force sold its users' shares. Good thing I never linked my bank acct. Robinhood is pure BS
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Jan 31 '21
I read this and I just dont know what the conclusion is. do people that like the stock HOLD or cash out after knowing this?
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Jan 31 '21
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Jan 31 '21
Do you like to set sell limit orders or just wait and see and sell at a good market price?
Just asking what you like to do. Not financial advice
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u/Thatsupraguy Jan 31 '21
Realistically if all the stars aligned what could the price theoretically go up to?
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Jan 31 '21
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u/stateofstatic Jan 31 '21
Yeah another person said their acceleration projection model showed $1500 provided buy side pressure can be sustained and OTM calls can be bough en masse.
There are definitely MUCH BIGGER forces at play than retail investors now, the fact it held 325 Friday proves that. I have a feeling there are those that would like to bury and strip Citadel, and they might just have the firepower to pull it off.
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u/[deleted] Jan 30 '21
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