In re January 2021 Short Squeeze Trading — Reddit Post Exhibit on GameStop Short Squeeze (dated 2023-06-07)

Summary

Exhibit 54 (Document 567-54) in Case 1:21-md-02989-CMA, entered on the FLSD docket June 7, 2023, is a 12-page printout of the Reddit post The REAL Greatest Short Burn of the Century Part III: GME Infinity War, shown with 2,610 points (98% upvoted). The post gives a GME overview built on two theses, a deep value play and an infinity short squeeze, and says that combining the two gives the trade of a lifetime, while noting it is not financial advice. It warns that it is not too late until Q3 earnings on Dec 8th, and the printed comments include thanks for the DD.

Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used

Full text

Case 1:21-md-02989-CMA Document 567-54 Entered on FLSD Docket 06/07/2023 Page 1 of
12

Exhibit 54
— at

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Welcome to Reddit,

the front page of the internet.
this post was submitted on 01 Dec 202¢
J 2,610 points (98% upvoted)
shorinks https: //redd.it/kacsaa
a The REAL Greatest Short Burn of the Century Part Ill: GME Infinity War °°) (sitwatsveet
username password
¥ Oh and uh short burn of the century comin soon. Flamethrowers should arrive just in time.

(O) remember me reset password

Elon Musk gin

submit link
I'm back with the final warning bell. The next time | post in 2021 will be to recap the squeeze’s results and post gain porn along with
u/Deep_Fucking_Value, u/SIR_JACK_A_LOT, u/Tomatotowers, and more. This is the last stop before the moon mission.
od = iain submit text post

It’s currently not too late. But after Q3 earnings on Dec 8th, it will be. And of course, as always, not financial advice. Just for bragging rights and
entertainment. Here goes:

Oh Elon, sorry to steal your thunder. But GME will make TSLA vol look like TLT. Jeff haunting your every accomplishment yet again.

Here's a comprehensive GME overview for all new and returning WSB-monkeys. Sit down and grab some tea. This is a long one unlike the previous @ reddit
posts.

jal benefits,
GME Overview:

The GME story can be broken up into 2 main theses. The first is a deep value play which has credibility all on its own. The second is an infinity short
squeeze like we've never seen before in history, which has credibility all on its own. When combining the two, you get the trade of a lifetime.

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In all my (albeit limited) days, | have never EVER seen a trade set up like this before. I've pored over every source of historical finance material | can
get my hands on, and still have nothing to reference to. IMO, this will look more like the 2008-MBS bet, or the Ackman 2020-COVID “Hell is coming” I b
bet, than TSLA, OSTK, KBIO, or VW. wallstreetbets

2) 13,831,488 YOLOers

Just a fucking face-ripping, out-of-nowhere, legendary-HOF-ticker bet that will bankrupt some funds and get people fired - and of course, with no

community other than WSB’s name next to it in the history books (and if | could pencil in our lovely GME discord and u/RoeringKitty’s YT stream). © 19,216 searching for DDs

Let’s begin. ‘The rules and submission guidelines are maintained on
new Reddit so be sure to check them and make sure

Act 1 - The Set Up: you're up to date.

= Read the rules
Q: Why is GME so heavily shorted in the first place? Why are we betting the long? Aren’t they going bankrupt ala Blockbuster? If not, are we just

= Read the comment and submission guide
trading this short term like a HTZ/CCL meme stonk?

Read the FAQif you're new to both wallstreetbets

A: NO. This is a fundamentally solid deep value play at its core. ‘and trading.

First let's go back a few years. We must give the shorts due credit in order to understand where we are now, GME has been profitably shorted since soppy

2013 when the market correctly bet on the digitization of video games and spread of mobile gaming. Some data here:
* GME sales have plunged from $8.5 billion in fiscal year 2011 to $6.4 billion in fiscal year 2019. oom
+ GME Annual EBITDA has dropped from $839 million in fiscal year 2011 (before the last console cycle) to only $111 million in fiscal year 2019. @
+ Net income has fallen off a cliff from $339 million in fiscal year 2011 to a staggering loss of $470 million in fiscal year 2019. WSB’s Pre-Market
* In the two most recent quarters alone, GME lost another $277 million. Talk has Moved
The shorts are betting on $0.

However, in the last 12 months, GME has shown that their terminal velocity does not lead to bankruptcy. GME has a strong balance sheet. Cash on
hand is worth over $12 a share. Net cash is worth over $5 a share and is FCF positive (nixing the bankruptcy thesis). They also paid off $125M in
debt last month just to show Moody's they are healthy due to their incoming console cycle FCF (which may lead to possible bond upgrade, enticing
more institutional investors).

So give the shorts credit. They had a legitimate case until the last 12 months, when George Sherman (CEO), Reggie Fils-Aime (ex-Nintendo, current
GME board member), and others have been conducting a phenomenally well executed turnaround.

That explains why we currently have ~70M shares short out of ~65M shares outstanding - but they’re all now caught on the wrong side of the trade.

Let's connect.
In case the severity of the short interest hasn’t hit you yet, there is a bigger market for shorting GME than the business of GME itself. This is not Click here to join us on Discord

even taking into account the long holders (Senvest, Ryan Cohen, Burry, Donald Foss, Sherman, Hestia/Permit) which takes ~25M shares out of
circulation. So short interest in reality could be around 180%+ of true float.

A true head-scratcher.
‘And a worthy opponent.
But they're wrong.

Act 2- Avengers, Assemble:

Q: Why am I so sure GME is prime to blow? Isn’t this just another meme stonk hunch driven by WSB and Michael Burry hype? How can a few online
gamblers and a few activist investors turn a dying business into a trade of a lifetime?

Couldn't the shorts be right? Also, hasn't it blown already?
A: NO AGAIN.
Let me show you the ridiculous Avengers team we have. By Avengers team, | mean all the bullish cases:

1) Ryan Cohen Earnings Thread - Daily Thread

MARKET TRADING HOURS
This guy is a crazy entrepreneur. He took on Bez0s with a pet food company (CHWY) and won. Let me repeat - he beat Jeff Amazon without AWS

subsidizing his loss leaders. Exchange Open Gose

Iron Man of the bunch, some call him the Dog-Man.

In other words, he built Markk | (CHWY) in a tiny cave with scraps all by himself with his dad, and now that he has billions, he wants to build S:00AM 8:00PM

nanotech Markk 50 (GME). Read up on this guy. He’s as crazy and as smart as they come. 9330AM 4:00PM
5:00PM 4:15PM

He also wrote a scathing letter to GME leadership, but if you read between the lines, he’s not addressing the existing board, who had only been Sap) Sas

there temporarily. He’s setting this letter up in order to potentially offer a takeover bid (rumor mill - unconfirmed).

9:00AM 3.00PM
Either way, GME leadership needs to address this letter in the Q3 earnings call on Dec 8th - which means they need to either post a good quarter, aml
provide good guidance, or add color to existing developments.

4:00PM

1 Hours respective to their own timezone.
Otherwise George Sherman (Cpt America's ass is out the door and Cohen takes over as the leader of the Avengers through a vote or buyout. Either .

of which requires shares to be recalled.

‘One more thing to note about RC. There has been no 13D/A filling since his initial purchases. Which means he is STILL IN. He has not sold a single
share.

MODERATORS

MESSAGE THE MODS

2) GME Leadership and
youngsters:

i rdians of the Galaxy, Dr. Very Strange Burry, and the old Captain trying to fit in with the

Dr. Very Strange Burry - AKA Big Short Man. Supreme numbers aspie who might have a screw loose but is unmatched at spotting contrarian trades.
*Edit 2: BTW for those asking about his holdings drop. He's trimming to stay under 5%, but still has a large position:

* QJ: 3,000,000 shares worth $10,500,000

* Q2: 2,750,000 shares worth $11,935,000

+ Q3: 1,703,400 shares worth $17,375,000
Hestia/Permit/Senvest - Contrarian, activist investors.
Cpt George Sherman - Boomer CEO who knows what he’s doing.
Reggie Fils-Aime - Beloved ex-Nintendo President.
3) Bond repurchase

GME just bought back $125M of debt maturing in 2021. Who cares? Yes - normally this is a nothing burger even for a micro-cap, but if the shorts
are betting on $0 - this is clear evidence against that bet.

Secondly, rumor mill has it that this debt repurchase plus positive Q3 earnings/guidance will allow Moody's to upgrade their 2023 debt to A or
maybe higher.

This is HUGE because it allows institutional investors to long GME without further restrictions. In other words, they may not be allowed to long
companies with B- debt. Once this is upgraded, more buyers are allowed to come in.

Very underplayed story here.
4) TA -- When the stars and crayons align. Here’s an excerpt from our resident astrologist u/JayAreW:

Ignoring the short squeeze element of GME and just looking at chart action, there are two elements that are important to keep track of. The cup
and handle pattern and $15.80.

While my trading style is 90% technical analysis, there are certain elements which | shy away from — mainly chart patterns. However, it is
important to at least recognize the obvious ones because if vou see it. chances are others see it too. The main pattern | keen an eve out for are
Case..1:21:md-02989:CMA Document 567-54 Entered on FLSD Docket 06/07/2023 Pag

The buy signal is traditionally a breakout above the handle, and a good estimate for price target is the distance from the base of the cup to the 1 Wi
handle, added to the breakout point. A recent example of this is $JMIA (daily - figure 2). Notice not one, but two failures to break the top of the
handle and the subsequent parabolic run. Compare SJMIA with SGME and you see almost the same pattern (daily — figure 3). The traditional
buy signal would be a breach above the red line (~$15.80). The difference between $JMIA and $GME is that $JMIA was far more condensed; the
pattern played out over a period of a few months where $GME's cup and handle started in late 2019. Playing this pattern exclusively, | would
expect a price target of roughly $27, stretched out over a period of weeks/months and not as explosive as it’s African counterpart (assuming a
squeeze doesn't happen between now and then). Typically, any chart pattern calls for a retest of the breakout point, so don’t be surprised if
$GME retraces to $15.0 and look for a bounce there as confirmation that the breakout is on. The other important element is the $15.80 price
Not only is it the breakout point for the cup and handle pattern, but it coincides to a price point which | believe was a major short-selling entry
point (fig 4). Notice the nearly 20% gap down on 33 million of volume. This type of action doesn’t just happen with selling alone and | believe
massive short positions were opened on that day.

This $15.80 then represents a breaking even point for those shorts if they have not closed their positions (and we have no real reason to believe
they have). Breaking even is a huge psychological barrier for people when a trade isn’t going their way and often times represents an exit point
for crowded positions. Most of the shorts were already underwater - above $15.80 and that water begins to boil. | believe this position is
becoming borderline untenable for existing short positions and is a crowded and disastrous trade. So to recap, $15.80 not only serves as an
important chart pattern breakout point, but the proverbial “line in the sand” for existing short positions.

JeffAmazon here again: Note Jay and | don’t agree on a few major points, but are nevertheless both seeing bullish action to come very very soon.
5) Product Mix

GameStop is expanding their product mix to include monitors, PC parts, and more. GME is no longer a Disc-Drive only store (which is fine itself), but
an all-things-tech e-commerce growth start up. Or you can at least bet that’s the narrative.

GIVE ME THAT F-ING CHWY SALES MULTIPLE.
6) Three signs of a bubble: leverage, lack of liquidity, and consensus.

This is an inverse bubble - it will rise as quickly as other bubbles drop. KBIO and VW are often quoted as short squeeze examples. Those are wrong
comparisons. The only similarity is the fact that shorts were involved.

Instead, think of any other market bubble. It’s simply about leverage, lack of liquidity, and consensus. We have all 3 in GME. Everyone thinks GME
will go like BlockBuster to $0 and is using leverage to short (by definition and current Si)

So instead, think of Burry’s 2008 MBS trade, Ackman’s 2020 COVID trade, PTJ’s Black Monday Trade, or Chanos’ Enron trade.
Same thing, different direction. Will go up as fast as the others went down.
And oh boy do we lack liquidity. Crowded party, one exit.

7) Phenomenal numbers due to current console cycle.

$GME bull Rod Alzmann (Uberkikz on Stocktwits) has great breakdowns on Q4 EPS/order count due to console cycle. He tracks orders by order
number among a slew of other information here.

Check out his models. In short, we expect over $5 EPS in Q4 base case. Which is bananas.
8) MSFT Partnership gross margin

GME is getting free money from Satya Nadella.

Conservative estimate $180M, 100% margin for 2 years.

9) January and April option O1

1 in option calls for Jan and April are almost 4X that of Decembers. Is GME going to exercise the ITM calls for a squeeze? Why are they so insanely
large? Who are these buyers? WTF are they doing?

No clue. But something is about to go down.
Note put call skew isn’t that low, so no infinity gamma squeeze yet, but it will come as GME obtains meme status.
10) Most importantly, YOU.

CNBC and other misled, egoistic mass media companies and institutional investors continue, time and time again, to look down upon the new
generation of traders and laugh at WSB.

Tell me, which one of them has read all of Moody's credit reports on GME? Which one of them live streams collaborative GME DD 20+ hours a week
for 6+ months straight? Which one of them tracks order flows by the f-ing second based on skimmed CC data? Who scours r/Game
leadership is treating their employees and customers at a testimonial level? Do they even know about the bond repurchase?

p to see how

They don’t know jack s-.
Act 3 - The Trade
What more evidence do you want? Time for action.

First, the PT. u/ronoron summed it up well:

3 billion market cap (not even 0.5x of their revenues) would already leave GME at $46/share.Going back to their 2013 peak at around 6 billion
market cap would leave them at almost $100/share already, not the $56 peak/share. The algos trading still can't appreciate the fact that GME
halved its number of outstanding shares a while ago.

For comparison. Bestbuy is trading at almost ~0.7x of revenues with lower gross margins. Nordstrom is almost at 0.4x of revenues despite the
bigger liability their department stores are having through corona (never mind their uglier balance sheet). GME is still hovering just above 0.2x
revenues because stinky shorts overestimated how bad corona would be for GME (e.g. delayed console cycle, digital consoles becoming widely
popular).”

PT can easily be over $100, The JeffAmazon target is $420 which gives them about ~$25B market cap at a P/S ratio of 5, maybe 4 with console cycle
revenue. That wouldn’t even be considered an euphoric price with today’s growth stocks. For comparison, NVDA is 22, TSLA is 20, and CHWY is 5.

Timing: This all hinges on Dec 8 earnings. If GME misses (it historically has), Cohen will use this opportunity to attack leadership and take over as
CEO, Therefore, GME leadership needs to provide a great earnings report or else Sherman will lose his job.

Here's my responsible trade (do whatever you want): All in calls and shares now. If IV and $GME is sky-high before earnings, sell half to secure
profit. If GME misses and tanks, bet your bottom dollar a takeover bid will be announced shortly.

In all honesty, I'm going to probably hold everything through earnings WSB style.
My positions: 1/15/21 $30Cs, shares
(I would buy April $30Cs too, but I'm all tapped out of cash).

Shorts and longs both have their cases. Alll the cards are on the table. Which side are you on?

If | missed anything, comment and | will update above. I'm aiming to make this the final stop for all high-level GME DD.

*Edit 1: Educate yourself right now on IV crush (in short, we expect a lot of vol now, so option prices are high. After earnings, expected vol normally
decreases, so your option prices will normally drop). GME is the king of IV crush after earnings. if you're playing FDs, prepare to get destroyed like
always. Safer bets are LEAPs or FDs after earnings.

*Edit 2: All these beat earnings recently: SNE, MSFT, BBY, BBBY, NTDOY, ATVI, TTWO, JWN, M, KSS

sted] -¥

Want to add to the discussion?

Post a comment!
(CREATE AN ACCOUNT

t ‘Come children, sit, gather:

The whole market took a massive shit today, not just GME. Shares are up 132% for the past 3 months, 57% for the past month and 19% for the past
week and everyone on here is complaining because the day still ended +3%. Boomers leave their wives for 3% returns on the yearly. Man up, buy up
and hold fucking tight you soft skulls.

t Boomers leave their wives for 3% returns on the yearly

Hahahhaha

-] fokosta_ 196 points 2 yea

t Someone in the daily thread yesterday asked if it was time to abandon ship because they where down 400 dollars. At this point I'm almost more
concerned about the paper hands of the kids here playing with their weekly allowance than | am about hedgies gearing in for a fight. This play is not
for paper handed bitches.

t Hedge funds stand to lose a fucking unbelievable amount of money and will fight dirty; this trade is not for the delicate of hands

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t That's what makes me nervous about this whole push. This is probably going to take a few weeks to play out, maybe longer. Most of the latest wsb
crowd can’t hold on to plays more than a week or so. They're buying in and dumping at signs of first loss. We're used to seeing quick pumps and
cash outs. | don’t have a lot of faith in some of these paint lickers to diamond hand their way to glory.

t | had paper hands with PLTR and learnt my lesson, never again.

Case 1:24t-md-02989-CMA Document 567-54 Entered on FLSD Docket 06/07/2023 Pag

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| south_porkepubican
t Just getting into investing but I'm a certified retard who wants to ride this rocket to the moon. I’m in goddamnit

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t These are the types of posts to finally get me to buy in after seeing a ticker all over the place here.

t yeah this is the type of content WSB needs. instead we Just have an echo chamber of clowns tuggin their micropenis whispering "GME. moon.
rocket rocket rocket. short skweeze ree"

t Sie IADADADPOOre

t Why use lot words when few words do trick?

t They see. One day, they see..

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t This is the first time I've ever read DD on a stock in my life. Not only have | karate chopped 50 pieces of wood. I'm also fully erect. This is the way to
tendy town and | will ride it to victory. The WSB whales and pussies will prevail and we will all be very rich buy up all the yachts cocaine and hookers

and sell them at a premium for permanent tendies 67 57 57 87 7 57 87 57 57 7 57 57

Hiway
t But did you karate chop 50 pieces of wood with your wood?

[+ Rocpileupinthisma GMEg? yen
t While that would be poetic my wood has not yet reached terminal velocity until there is a GIME catalyst then my wood will be smashing concrete
blocks

4} waka, zy
t Vibes. I'm in for 1500 shares

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t Wax me on, then wax me off, grasshopper

t I'ma stupid aussie who has been on the WSB sidelines for months but this GME play and the big dick swingers in it made me change dollarydoos to
freedom bucks and yolo some OTM calls because it's just too retardedly perfect to not work.

I read this entire thing in Australian,

t ‘Ozzy Man reviews WSB

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t you havin a giggle ma?

| loi 2
t | wish | knew some foreign language.

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t This needs to be fucking pinned
Yes pls. Went in hard this morn

t | read it all! 've been in and out 4 times the past few weeks, but now I’m getting in and staying in. J,

[deleted]

t Was hard not to take an 8k profit yesterday but fuck that | held, let it dip, then let it dip, then bought some more. Cheers,

Case 1:21-md-02989-CMA Document 567-54 Entered on FLSD Docket 06/07/2023 Pag

Im in with you

[deleted]

t Where is your fucking time machine man?! @

4} uber
t Jesus fucking christ Rod Alzmann is me and | was in this DD. And | am GME DD. DD Inception.

| seffamazon {5} a
t | see all. Great work Rod.

t Thank you, there's been a lot of work put in by a lot of really impressive retail investors. | hope a lot of people have their lives changed for the
positive thanks to a rapid re-rating over the next few years (or days/weeks, who knows how fast it will end up being, such a truly unprecedented
circumstance IMHO).

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t When | saw your name | was thinking "THIS MAN HAS A NAME AND HIS NAME IS UBERKIKZ11" fol

t

t Actually, /u/jeffamazon has a price target of $420 in his post... but | was curious. What is your read on it? | don't know if I've read about your price
target on stocktwits yet.

uberikaa,
t Without infinity squeeze $100+ by 2023 ... we end up in deep space somewhere past Voyager Il on the real McCoy.
t 100 in 2023? | could be dead by then. How about 30 by end of Q1 2021?

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t keep up the good work. no pressure, but were counting on you.

4} Uberkikeas :
t Don’t fuck up. Heard.

t Say less | just bought every share on the market

[deleted]
RemindMe! 7 days

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t Im convinced. Selling everything at a profit at 0945 (weed geinz) to all in on GME.

tBanana27 73 points 2 years

My paper hands sold my faggy Ds this morning for breakeven because the price action scared me.

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tortuga s
t Seriously had zero interest in this stock until the post...please forgive me fellow autists as I've awakened. To the =)!

t Best GME porn i've seen. YQ

[deleted]

| Whysmynamecart 2yen
t I'ma smidge over 10k in so balls to the walls comrade

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t Sick DD. I'm so fucken hard right now.

| sold my other holdings and am going to be buying every fucken dip.

[deleted]

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Xey-Complex-1608 2
t I'm in—not for the profit though. | just hate these hedge fund wire dicks thinking they're gonna profit on us. Nah brah. I'm gonna rage trade and
hold until GME is well past the plutosphere. I'l even hold it on the way down, fuck it.

| Jeffamazon (5) 2
Exactly,

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Case 1:21-md-02989-CMA Document 567-54 Entered on FLSD Docket 06/07/2023 Pag
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t GME to $1000 if you don’t believe it get out of this Subreddit

(| Gratefulshag 2
t I have my limit sells set to $1000 so yeah lets do that.

=| the11000 a
Ihave them at 600, am | FRR?

t You're more of a bi-curious bear at that price point.

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4 sharptire 3
t Possible if you time it right

t How the fk do you time a 50x increase?

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reo

t Jesus fucking christ. | read the first paragraph and put in orders for 5 contracts. By the end | had 15 contracts GME $30C 1/15/21.

Stop writing my balls are blue and my account is empty

t SELES eMtag AMA GUEST SPEAKER

(2 @_@\> GME SHORT SQUEEZE /> @_@\>
£2 @_@\> GME SHORT SQUEEZE ¢> @_O@\>

£2 @_@ > GME SHORT SQUEEZE ¢> @_@

t I may have bought 1000 shares at 19 but I'm still all i

Let's ride

E Kenneyaz0 a
t You'll be green within 2 days | bet.

t 2 days? Let’s go today

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t | think | read less in my entire high school career than this post. But yeah great job. I'm with you brother. This is the way

Twoeobeats
t Bought 380 shares today....no whammies!

I Scheolinguson 7"
t Making some quick cash off of NKLA puts tomorrow then I'll be going even more in on GME

| jackietsaah
t Same here, NKLA puts printing some more dough for GME shares :)

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Stonksiyingup .
t u/leffamazon Hey great DD. Just would like you to add that roughly 11.5million shares of GME are currently sitting inside PASSIVE ETFs. These

passive funds will not be selling during a violent squeeze as they are unable to. That is “18% of shares outstanding. Should add to the liquidity

issues for shorts during a squeeze.

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LH Mookemwation a
t You have my penis stiff as a board right now ... can | touch it?

megatroncsr2
t You have to ask permissions to touch your own dick?

t His wifes boyfriend has the key to the cage

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1 Sharptire i
t I wouldn't be surprised if GME hits 300

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t Did this man just fucking call a perfect $15.80 floor? It hit that today.. just now.

t Dude I'm gonna stalk this bastards account for life

| thismakesmeanonymous
t 15.76 was the low but yeah really god damn close,

[| tue _Reliefeses ex
t liust bought more at that level
Case. 1:21-md-02989-CMA Document 567-54 Entered on FLSD Docket 06/07/2023 Pag
12

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| shins 2
t Good recap, and all good points.
A few quibbles: | don't view Sherman as being a great CEO... he's got a short term retail mentality, and maybe he was the right guy to at least turn
the boat in the right direction. Cohen knows the boat they're currently on is a pile of shit, though, and wants to trade it in for something a lot sexier
that can do 30 knots and not 8.
Foss is a bit of a wildcard, and I'm not sure he can be counted as a long-term holder.
As for all the rest, | think longer term holders are going to be very rewarded. I'm holding through earnings, too.

| sffamazon {5} 58 points 2
t Sherman executes on the unsexy stuff.
Positive FCF and MSFT partnership are big pluses in my book. He just doesn't announce them to the world like a Musk or Cook would.

t ‘Agreed. I'm just worried Sherman wants to go below deck and spend a couple weeks fidgeting with the broken bilge pump instead of trading this,
fucker in for a 2021 model.

t Dude way to squeeze all the juice out of this boat metaphor!
I'M THE CAPTAIN, NOW!

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[deleted]

] bwoaht 22
t Haha yeah | did this in 2019 with my business, My wife thought we were just fucking rich all of a sudden, Until | explained that my business was
actually not doing well and all the profit was only because I wasnt buying new inventory but still selling older inventory.

If | did that forever | wouldnt have any business at all.

And then covid hit. And my supplier shut down completely.

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t This absolute fucking legend called the bottom price for the bounce within ten cents.

I'm all aboard this train

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] burke 2
t This is the DD | come to WSB for. You son of a bitch... count me in for a 1000. I'll see y'all in Cancun once this COVID thing blows over.

t ‘Adding 100 more shares tomorrow and setting a limit buy for 16.00 for another 100.
Nice write up, now take your dick out of my wife.

t ‘Amazing write up, thank you for your time.

t I'm so convinced I'm willing to exercise my 1/15 10cs | got all the way back in fcking July. Can’t stop won't stop. F the bears. Time to redistribute
some wealth

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1 sunchasersa ears ag
t Jesus. That was the best book I've ever read

t ‘Okay, not gonna lie, first DD I've read more than 55% of. Buying tomorrow, same calls. My bday actually.

What are you setting your sell limits to?

t Feel like this isn't being talked about enough. I'd hate to be overly conservative if this thing really does takeoff.

t | feel the same way. | have no sell orders but I'm unemployed and am able to watch it basically all day anyways

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[4] Jetfamazon [5] 13 points 2 yes
Not setting any.

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t The IV is already insanely high. Buy call spreads or shares or deep itm calls that have minimal premium added on top to leverage your cash.

| sffamazon {5} 30 points 2
t This could be a good strategy too.

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t This guy fuuks. Please hire me when you run a giant hedge fund you rich bastard.

Jeffamazon (5 5
t Link this comment when you interview.

t V'llbe the asshole with the mustache and a GameStop shirt ;)

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12

te Worth noting that Burry's position in GME is the fourth largest in his whole fund by value. Honestly that dude should be this sub's spirit animal, he
cozes autism and makes bank on outlandish shit.

t You're gonna need a bigger yacht

t

4 Kenneysz0
t They're going to write songs about us. History will forever remember the time a bunch of reckless retail traders bankrupted half of Wall Street.

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ye This is a good way to lay out the total picture of GME in one spot. But...What if Cohen organizes a takeover and wants to take the company private?
I mean at that point shares would be recalled and cause @ squeeze right?
Just wondering how that would affect the PT if he offered to buy all shares at $x amount. (That would send it to vote right?)
Sorry I'm probably an idiot
500 shares 1/21 5x 15c, 10x 20/c, 40x 30c 4/21 10x 20c, 10x 30c

seffamazon (5
t Ihave no historical precedent for this. If you find it let me know. Option premiums should exist until expiration though,

t: This guy theorizes about it, obviously he knows jack shit if Cohen will take it private. He basically says the squeeze would be inevitable

“If Ryan Cohen will take GameStop private it will need to be at least $20/share for all the other activist investors (Michael Burry, Hestia Capital and
Permit Capital) to make a good profit. They bought at higher prices than him. Besides, it will be impossible for him to own 50% of the shares and
will require their collaboration along with the board

In June, there was a proxy fight on GameStop and about 10% of shares were recalled. In order to take the company private, all shares will need to
be recalled and a short squeeze will be inevitable.”

Vil have to dig through his other DD

nttps://www.google.com/amp shfaaq}

rally.com/amp/is-ryan-cohen-taking-gamestop-private

[] Hokkaidoteroes 28 ain
You son of a bitch, I'm in.

t | can't afford to keep putting more money into gamestop. My bank account is begging me to stop but my stomach growls for tendies

t Hey man thx for the posts. Do you have any links or guides on how to write a thesis as good as yours? Hope to contribute back to the retards here
once gme

t It’s just insatiable curiosity for the truth.

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t So if we don't want to fuck with options were good to go with shares then ?

-] derrkes *
t YES. Buy the shares and don’t ever sell them. Ever. Even if the price goes down. Never ever. Especially if the price goes down.

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- Jeffamazon (| 2
Yes.

t You son of a bitch t'm i

t Wow, it reached down and tapped 15.80 just like the post said.

obot3201 .
t | missed buying in at the high recently. Gonna wait until it rises some then buy in,

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1 PswayzeinRoadhouse

I'm in - been in but going balls deep

fucks ae 12k holding here. We can do it

| lasopa76123. 13 points 2 years go
ti. avin parhneGay oes

redit200 :

Crowded party, one exit

Pissonic 2
Serious question, in what scenario would this short squeeze not work in our favor?
I’ve been holding GME since $14, few calls for April 16C got in cheap. £7 57 57

Case 1:21-md-02989-CMA Document 567-54 Entered on FLSD Docket 06/07/2023 Pag

| tefamason [58 pot
My man.

(| vauicreed
You better not sell.

Jeffamazon (5 5
t Momma didn't raise no bitch

t SST Tted Top Kachin Autist

Did anyone read this? | didn't.

| just saw SGME and | upvoted.

[4 sneakersourcerer af 2yeace ag
You should, you'll learn a thing or two

Nobleneonso .
t I know a thing or two, because Ive seen a thing or two

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Maticpecovnik
t I did my part and yeeted all of my liquidity (200 dollars) into it. Not much but it is all of the play money | have.
1 frokosts 2
That's only half the job. The difficult part comes next - holding on when hedgies try to steal your lunch money. This part will tell you what kind of
man you are.

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| etokiepokies has the Epstein touch) 23 poin

t Damn it dropped to almost exactly $15.80 this morning and bounced. You goddamn savant

t Ihave become completely desensitized to losing money at this point. It has been both a good and bad thing. Good when I'm holding deep otm calls
with 2 months till expiration, Bad when I'm trying to scalp a 159% gain on QQQ calls on a red day.
This situation is the former. This is the ideal time to have diamond hands. | am the ideal warrior for this fight because | won't even think about
hitting sell. | will double down on this thing every red day until | am out of money. | will let my calls expire worthless if | must. | don't think that will
happen though. | trust this dd, hence the confidence.

t sold to lock in 20k this morning at open, got back in with initial capital at around same price.
bought another 22k on the dip. @ $16.92.

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LH sneakersourcerer (a Ga 7

t I'm no longer convinced of a vw/kbio squeeze... | think after this past weekend we're primed for an infinity gamma tsla style squeeze. It’s going to
squeeze slowly and there’s going to be a constant ebb and flow of fomo. Guys who will believe that it’s gone up too much therefore it’s time to
short versus “plz daddy can | get the tip of that 10 bagger.”

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t By Friday I'll have another 20k to sink into shares to bring me up to 2020 shares (limit sell @420) and 69 calls for 4/2021.
This will be a poetic/autistic ending.

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t [1 bagel_makers74 Swift with Stock 14 points 2 yes
In reference to number 10 - 100% - if you are trying to be a successful investor and are not comfortable with staying away from the crowd and being

confident; good luck.

CNBC, Schwab, Martketwatch and all those "buy ratings” suddenly start making a WHOLE lot less sense when you've got the stocks story
understood and then look outside for further info and see the conclusion others reached

They either have no idea what they are talking about, or are basically trying to dump/prop the price so they can enter/exit.

| just saw a big bank (JPM?) Recommending that NKLA is a clear buy now; because according to them, without the badger truck and now knowing
the details of the lack-luster GM deal, NKLA can focus on their amazing truck technology and stop wasting their time on personal vehicles; because
that was clearly their problem.

Straight up fraudulent.

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deadiypantstx
t Which one of you are bitching out? Hold retards

H eryptornva ‘
t Fuck | saved this post but never bought in. Great DD.

t The only thing I'd add is the potential for retail investors to flock in massively if a stimulus is passed before the squeeze.

arises 10 .
t ‘Any concerns about Burry having cut his position by 38% in Q3?

t You had me convinced at the second word. But | already have 4000 shares and 150 January 25c. | will do my part and buy 1000 more shares today
and another 1000 everyday after that until earnings

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t 15.80 WTF, Post is legit!!!. That’s why I'm 2K shares at 17.9 not worry. Hold it bro. Worst case. Fking lose it all:)))))

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4:21-med-02989-CMA-DeceumMent-56 7-54

+ » Gase «:
earnings are mind blowing and good enough to trigger the squeeze, | ride those shares up past $100. If earnings miss and the stock doesn’t go up, |
sell half (maybe all? Don’t hate) of my shares and use that money to buy early 2021 calls that should now be less expensive with earnings reported.
| think Cohen will want to offer on GME on bad earnings (cheaper short term value), and he'll want to offer before the next GME earnings report in
2021 in case GME does beat expectations and become pricier next year. Thoughts?

[1 many 18 points 2 years
t Q3 earnings aren't going to be mind-blowing as it will not include any of the console revenue.

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t | see your position, but what triggers are you looking at to start selling? Also, where's this discord?

[] swanpenguin 8 points 2 years ag
t +1 for the discord

-] Defiant. window-807 2 years ag
t | did it, retards. 300 shares of GME. Let’s get these tendies!

[| certubbard © .
t Jesus christ, really testing that 15.80 thesis with the price and volume at the close.

-] oBubso E
t Investment account. Loaded. 401k Loaded. HSA. Loaded. Leverage. Loaded. Text to boomer dad telling him to buy. Done.

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| feRbrown2 95 ,
t | just wanna thank you for posting this. This is the DD i read that convinced me to buy GME shares and options at $15. Could not be more thankful.
you were 100% right in almost all your predictions. you are a legend!

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t put your seatbelt on ladies and gentlemen

t Give him all the fucking awards!

t I've been slightly roasted by PLTR (in the red for 1000).
Will GME give me replacement tendies?

t Yes but you have to diamond hands this bitch. If you feel like you'll sell at the first sign of trouble, you'll miss out on it and become a @ @. This
isn't a simple buy and sell. This is a line in the sand that proclaims boomers can eat my shit

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commubbard e

t Excellent stuff man. Thank you for the succinct sum-up of this story - really great. Moved a ton in my accounts earlier this month to jump on this. All
in on 20K shares and too many Jan and April $20Cs. Never seen anything like this set up and can't imagine | will ever again. YOLO indeed. Let's do
this. Good luck to you fellow traveler.

1 plodaik -
t Hope it goes up & bought today at open 500 shares $18.85 @@)

t The institutions think GME will go bankrupt, even though GME Is profitable & not in debt. You cannot make up how retarded these boomers are

| cenubbard 8p
t The chart etc analysis about the 15.80 level seems particularly interesting today since it looks like we bounced off right around there. Could be the
handle forming off that “line in the sand” today.

t The fucking legend called it.

t Reading this again to not paper hand out of GME

| seffamazon 2ysarag
t I don't get why people are selling before earnings.
Edit: No - actually | get it. | just disagree.

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1 possbiys 2
t Yea yea we dumped at er, dont be a paper handed bitch and use tmr to load on Jan and April leaps. Loaded shares and calls last week and will load
and many more April calls tomorrow morning at open;

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t The question is whether to load up calls now or after earnings

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| rational_numbers 36
t Flair this man,

asop876123
t I read this 2 hours ago and I'm still hard. How much longer until 'm supposed to call my doctor?

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Case 1:21-md-02989-CMA Document 567-54 Entered on FLSD Docket 06/07/2023 Page
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i Thecrio
t Let’s see if | do this right. Going taking the trendies | got from papa Elon 233 shares @ $29 in 2013 and yolo on $GME calls

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okosts

t Even though large tracts of the market and many old and famous plays have fallen or may fall into the grip of the hedgies and all the odious
apparatus of boomer rule, we shall not flag or fail. We shall go on to the end. We shall fight through earnings, we shall fight on the pre market
and the after market, we shall fight with growing confidence and growing strength in our autism, we shall defend our stocks, whatever the cost
may be. We shall fight on the options market, we shall fight in the dark pools, we shall fight in the fields and in the streets by getting our PSS
from GME, we shall fight in the media; we shall never surrender, and if, which | do not for a moment believe, this play or a large part of it were
subjugated and starving, then our autist friends beyond the seas, armed and guarded by the forex market, would carry on the struggle, until, in
God's good time, the New World, with all its power and might, steps forth to the rescue and the liberation of the old

Translation for the new kids: This is fight for tendies, not your mommas tit. f you're afraid of big boys stealing your lunch money, wait this one out.

eceaeery
t GME gang. Loaded up! Let's go moon baby 7 57 7

t Beautiful. Watched it not do shit for 15mins and as soon as | bought calls it tanks. The bog is real.

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t hmmmm | already have 70% of my portfolio here. Perhaps more?

-| certubbard 5 p
‘Again bounced off that ~15.80 mark just after 3pm.

{As the prophets have foretold

jecinnight2 (an
tan GME closed at $15.80 today. This astrologitis pretty good.

t Checked my other accounts | forgot about from September when | left my last job... up to 15k shares with today’s purchase of 500. Too many calls
to count, something like 150-200 with a ton of $12-15 spread from Dec—> July 2021

iestolsMyoad
t Diamond hands mode engage, fuck it | already came this far.

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t I'm in with 425 shares. Considering putting my emergency fund on this lmao

4 seffamazon 5
t I'm what you would call, irresponsibly overleveraged.

[H swanpenguin
t brb taking out bank loan for mill

t Instructions unclear, buying calls on lumber liquidators at open.

t Soo000 what's your target sell for the squeeze?

[1 seffamazon {5
t lll unload after my first million and we'll see from there.

t So if they smash earnings, we'll make money and if they don't smash earnings then what ?

t Nothing. You just get in your helicopter one foggy morning and decide to fly it towards a small mountain...

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+] rynodawg t
t Went in with 950 shares yesterday, that is all the free cash | have available at the moment without selling other positions,

t Just bought 600 shares at the open like a fucking autist,

t stumble on this ne pull up gme. See biggest red dick I've ever seen Imfao

toad more comments
refuse to sell anything until it hits 100$ £7 7 7

1 skwolts

Did my part 2000 more shares bought.

souso0ss
In for 155k now, better not go tits up.

[] mfortneyas 5

t
t
t

You think | would have learned by now to not follow these but nope

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siedchickenskin
t Literally at the last fucking second, my Jan 15 calls are saved. You're a god and I'm sorry | ever doubted you
~Case-t:21-md-02989-CMA Document 567-54 Entered on FLSD Docket 06/07/2023 Page
—— 12

10 thank you for this, this DD is what got me in a few weeks ago.

“

| aa | ® Type here to search

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