r/Superstonk

I've prepared myself to be downvoted into oblivion, but here's a cool-headed take on warrants. At least worth considering. 🤷

When warrants were issued a year ago Cohen and the team had the eBay idea mapped out. They knew it wouldn't be easy but that if things went well around now they'd be inking a deal for a merger.

This would send GME way up and as a reward investors they preloaded the $32 warrants. A nice gift for holders and a bag of cash for the business.

The eBay request happens and I think Cohen was legitimately surprised how harsh the backlash was. In that one interview he expressed frustration about how everyone roots against GameStop and how the deal is a no-brainer if you just look at the facts.

This sends him back to the drawing board, working on alternative funding, shoring up debt issues as we saw with the early bond thing, it's all taking a long time. That's fine, he's patient and persistent, but it does mean the warrants aren't going be at $32 in time.

So many people think they're going to do some trickplay to get them in the money or extend, but we're nearly out of time here. Cohen and the board have shown this whole time that they DON'T like to do business gimmicks and just play things straight down the middle. It would be out of character.

There's a very real chance the warrants were an idea that just didn't come to fruition and they'd rather let them expire and move on with the plan. As Cohen said he doesn't care if people like him, he's going to do what's best for the business. That might mean letting go of sunk-cost fallacy and just letting warrants expire.

If true I'm not too bummed. They cost us nothing, the dilution doesn't happen, and we can finally move on.

Ok you can smash that downvote now!

I'm hype as ever.

Things are looking great for the company, the board is vested and they're actively trying to hostile takeover/wrangle one of the biggest and most recognizable companies in the actual world that reaches across the globe.

Across the globe.

I am a painfully average dude, but I'm working my way to the higher levels of 4,XXX shares, and I bought the dip like a Greek god with no hesitation. Selling never even crossed my mind.

There only need to be 100,000 people in the entire fucking WORLD like me for the entire float to be accounted for.

(That's my napkin math, but we all know Big R, the board, and some major players can probably account for, I don't know? At least 20%?)

Okay, so now it just needs to be 80,000 people like me for the entire float to be accounted for.

Across the globe.

I am highly regarded.

And I am hype as ever.

Sorry if my math sucks, I have work in the morning and I was just happy to finally get to post here.

Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing of Proposed Rule Change To Modernize the Direct Registration System

Here is my summary of the proposed changes:

The Depository Trust Company’s proposed rule change (SR-DTC-2026-012) modernizes the Direct Registration System by replacing legacy batch-file processing and outdated terminal interfaces (PTS/PBS) with real-time API, MQ messaging, and portal access, while establishing a centralized billing framework for transfer agent pass-through fees. For individual investors holding direct-registered shares through Computershare—such as GameStop shareholders—this does not alter legal direct ownership or the book-entry status on the issuer’s register; rather, it primarily speeds up and standardizes the plumbing when moving shares between a transfer agent and a brokerage, aiming to compress multi-day transfer latencies down to minutes, provide better transfer status tracking, and formalize how any administrative transfer agent pass-through fees are billed between DTC participants and transfer agents.

Crucially, this rule change does not convert Computershare’s batch share purchases into instantaneous market orders, as DTC’s DRS framework governs the settlement transfer mechanism between DTC participants and transfer agents, not Computershare’s underlying DirectStock/DSPP execution schedule. When retail investors buy shares directly through Computershare, the recurring or one-off cash contributions are pooled and routed through an executing broker-dealer on the open market in periodic batches (often scheduled around recurring settlement cycles), driven by banking ACH clearing windows and plan rules rather than DTC transfer latency. If transfer agents ever did transition from periodic batch buys to on-demand, immediate market executions, it would disperse retail buying volume throughout trading sessions rather than concentrating it into predictable morning or weekly volume spikes—reducing the ability of algorithmic market makers to front-run or internalize scheduled block flow, but potentially sacrificing the lower transaction fees and wholesale execution pricing that pooled purchasing provides.

So Ive been here for awhile, and was down this path in 2024. And I still think this is whats been used to peg GME (or was) my data is more limited. but i fed DTCC data into AI to sift through it so I dont know the specifics. I just have good pattern recognition.

First, GME bottom date April 2024, we run. and then blip in june before flip mode. everyone wondered why he went into Dog.

His last post. Waiting for Dog stock divergence to begin?

then obviously some thing happened late 2024 when he bought into that stock. it seemed to de couple the swap (there were more, had the data on my old PC) and it ran until jan. then stopped. DFV posted the fry dog tweet, and disappeared.

https://preview.redd.it/m5hppnx6qluh1.jpg?width=2425&format=pjpg&auto=webp&s=d2344d41bc90a235f60057896a35c90df319746a

using ItsThatOrangeGuy pic for this, hope he doesnt mind.

Lets come forward to 2026.

https://preview.redd.it/4oyyls5lqluh1.png?width=766&format=png&auto=webp&s=8b05decccb249435ef17efe94caac50d6cd70688

5th May you say?

https://preview.redd.it/pm2cpxcrqluh1.png?width=794&format=png&auto=webp&s=2092549b154af65cbd8832efa2b123f24d0c0d66

Bang, gme news around 5th May this year. Weird timing for a huge Dog swap to be opened.

https://preview.redd.it/th3dqnxytluh1.png?width=1576&format=png&auto=webp&s=afd4b2210894b0cd73655c69d6afb7d1eacf7af1

shock
Lets keep going

3 September 2026

The amended exchange was completed, retiring approximately $1.4 billion of debt.

The $23 million DOG swap was opened on 9 September 2026, according to the execution timestamp and effective date in the October 5 DTCC record.

Field	Detail
Underlying	Dog Stock
Original trade date	9 September 2026
Expiration	15 March 2027
Notional on October 1	$23 million
Notional on October 5	$22 million
October 5 action	Modification (MODI)
Original dissemination ID	5218649102000060101

https://preview.redd.it/4fzts1gjuluh1.png?width=1581&format=png&auto=webp&s=c4e2d6a427bc10522b7c66815ec738f4b09aaa86

Bang

Divergence is obvious. the stocks been pegged together through derivatives is obvious. And we have swap activity on imporant GME dates.

Bonus ball!

https://preview.redd.it/1789rldsuluh1.png?width=572&format=png&auto=webp&s=8388e91ff589f1a30ed34a6ae4bd3ad8371c43f8

https://preview.redd.it/cw796wrdvluh1.png?width=1402&format=png&auto=webp&s=fb3307b5cf8ff509d229a903260ce5c232e47c18

Around the time GME finally started trading above Dog

With all the options talk lately, I wanted to build a tool that actually helps retail level the playing field without needing a finance degree. Options chains on standard brokers are built to confuse you and market makers love it when we overpay for hype or get robbed on wide bid/ask spreads.

So, I built the Banana Screener. It’s a free, live web dashboard that pulls options data and translates the Greeks into plain English. It is specifically designed to help you analyze risk, track volatility, and plan your exits.

Here is what it does:

• 🦍 Ape Mode vs. 🦧 Orangutan (Pro) Mode: A toggle at the top right switches the entire UI. Ape mode hides the confusing jargon and tells you exactly what a metric means in plain English. Pro mode unlocks all the raw data for the wrinkle brains.
• 🚨 Live IV Crush Alerts: The app automatically compares a contract's Implied Volatility (the hype) against the stock's 1-year Historical Volatility. If options are overpriced, it flashes a big red warning so you don't buy the top of a volatility spike and lose money even if the stock goes up.
• 🎯 Automated Exit Planner (GTC): The P&L Sandbox includes a target profit slider that instantly calculates the exact price you should set your Good-Til-Canceled (GTC) limit sell order at. Best practice is to set it immediately after buying so you don't get greedy and miss the exit. (I like to set GTC orders to sell half my position at 100% gain as a fail safe)
• 🛡️ Regard-Proof Filters: Hardcoded sliders let you filter out contracts with massive bid/ask spreads, low volume, or insane extrinsic premiums so you aren't paying purely for hype.
• 🌊 Volatility Skew Maps: For the Orangutans, there are interactive Plotly charts mapping out contract cheapness and volatility skew.

I built this for the community to use. There are no ads, no paywalls, and no sign-ups. The default ticker is GME, but you can plug in anything you want to watch.

Test it out on desktop or mobile and let me know what you think or if there are any features you want added!

Standard Disclaimer: I am highly regarded and eat green crayons for breakfast. This is a tool for educational purposes and is absolutely not financial advice. Options are risky as hell, but somebody's gotta build that gamma ramp!! 🚀