Exhibit 23 (Dkt. 568-23, S.D. Fla.)
Summary
Exhibit 23 (Document 568-23) in Case 1:21-md-02989-CMA, entered on the FLSD docket June 8, 2023, is a four-page printout, stamped P00001088 to P00001090, of a social media thread in which Cecilia Rivas and other commenters discuss the GameStop short squeeze. The thread opens with a post that the squeeze hasn't squoze yet and a shared headline that GameStop short sellers are still not surrendering despite nearly $20 billion in losses this month, and continues with commenters discussing pulling IRA cash out of the market and losses in retirement accounts. Rivas writes of being concerned about a serious downturn but of not having touched the IRA, and the thread closes with remarks about taking profits and buying SLV.
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
- Date
- 2023-06-08
Cite this document
“Exhibit 23 (Dkt. 568-23).”
Original at archive.org, dated 2023-06-08. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2023-06-08-covid-era-misc-acaa8e48-1/
, SHA-256 acaa8e48e6f76f0f600e1472365490a21a2d7973538cf82ea6e53769d380e81d.Full text
Case 1:21-md-02989-CMA Document 568-23 Entered on FLSD Docket 06/08/2023 Page 1 of 4
Exhibit 23
Case 1:21-md-02989-CMA Document 568-23 Entered on FLSD Docket 06/08/2023 Page 2 of 4
Cedlia Rivas
)J(,.•c,sF{ 29.. ZGZ'l · ◊
The squeeze hasn't squoze yet and we'll keep draining biWons as long as these people keep
shorting. GrvH: stock up 63'% today. Cant stop, wcri't stop, GameStop. <>
GameStop short sellers are still not surrendering despite nearly $20 billion in
losses this month
Mkhael c1,1narda
1 put my IRA cash until this war (and this style of battlel is seWed..
Cecilia Rivas
•
Michael wale. you pulled your IRA cut cf the market? I'm confused
Mkhael Ca;rnarda
Cecilla Rivas yes, i think this could make eveiything veiy volatile. we are down
P00001088
Case 1:21-md-02989-CMA Document 568-23 Entered on FLSD Docket 06/08/2023 Page 3 of 4
Cedlia Rivas
•
Michael waiL you pul!ed your IRA out of the market? rm confused
Uk0 fkpiy
Micha-el Carnarda
Cecilia Rivas yes, i think this couid make e11erything very volatile, we are down
•
4.5?r� thi.s week. that's half a correction right there. and i don't see this ending.
Uk" fkpiy
Alejandro Riva, h·,
I think he sol,j h:s stock ins,de his IRA. so he·s only holding cash in his ao:ount.
It looks Eke the Gamespot thing
i is messing with the broader market Possibly
funds are seUing their winners to cover their silrn1 losses, driving stocks across
the board lower.
My >.•vife and Ii probcbly ''lost" five figures in value in my retirernent accounts
this week but I just don't check those accounts since I'm not even able to use
that tnoney for another 30 years.
Cedlia Hivas
Michael Interesting. I'm concerned afJout a serious downturn (considering
ne,vfound intere,t ,in "the fundamentals") but I didn't touch the IRA. figuring it's
not <North the effot1 'Nhen i'm 34, 3ut 1f you time it we!! and bu'/ back in at the
ri,;:iht moment, thatll be a real! boss move
Cedlfa F:iv.'15
okay i'I! confess I put my IRA. in Gf;1E
Uk" Rq>!y
Cedlia Hivas
•
Kidding . ... or am i? /@1
·mr
Alej and m R hfa, Jr,
f'1<1y worry is that peopi-e are going to realize that stocks are fake and stupic!
and wrn1hless. Too rnany tech stocks in my portfaiio are pnced like GameStop
•
even though no one is rnmpiaining,
Mk:hael Can1.i,rda
Cecilla Rivas I like to time when bells stan ringing-sometimes i'rn ri,9ht and
sometrnes i'm wrong., the rnost :important thing fs knowing when to get back
in. but i, want to sit on the sidelines for a month whilie th,is plays out,
Uk� Repiy
P00001089
Case 1:21-md-02989-CMA Document 568-23 Entered on FLSD Docket 06/08/2023 Page 4 of 4
•
Ube Rq,!y
Maii!yn Geewa1;d$
Cecma Rivas Rule#'. - market twning never works in the long run, Save and
hold - and get back to rne in 30 years. Your foture self wil thank you for saving
.steadily over deca.des,
Mi,:hael Ca,m.arda
Ced!la Rilla:. � -,,_1ps:_i/t1,,vw.ba,, ,:,nc,_c:cn\i .. /�pmcc.'or,-·er:r;,"d··t'"':"·· • - - ,,-k
i
GameStop Erased the Stock. Market's January Gains.
February Could Be Worse.
Neil Skene
This is the classic war of attrition. GVE is not a good strategic battleground for the
mi!l-ennials, wrm are swimming ups1ream in making a physical/mail store the poster
chffd of a war en hedge funcis. This has been a tren1endcus der,:onstrntion. !t can be
done again if needed, and that is as potent as trying to maintain GfvlE at an
unsm-tainabl€ ieveL Tak€ profits, Don't be the last one out And if Washington
doesirt act, find another short interes, target and do it again. Victory in rebellion
against entrenched corces comes not from a Ieng \Nar but a series of guernlla
assaults, as this l,as teen, Finance t>e next assault by taking profits en this cne.
Rinse and repeat
Neil -Skene so ycu'n? saying you !,ought SVU
Ce-cilia Rivas
Neil / A.lex you mean SLV. And i hear all the cool boomers are buying SLV
thes-e days.
Uk<'. HqJy
P00001090
File and source
- File
- gov.uscourts.flsd.590042.568.23.pdf
- Size
- 570,294 bytes
- SHA-256
- acaa8e48e6f76f0f600e1472365490a21a2d7973538cf82ea6e53769d380e81d
- Original
- archive.org