DRS Your GME

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ΔΡΣ Central

Community to discuss the DRSGME.org project and resources, and how to spread DRS advocacy and information to GameStop investors around the world.

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https://www.drsgme.org/free-resources

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Fraudulent system. (lemmy.whynotdrs.org)

submitted 8 months ago by [email protected] to c/[email protected]

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[–] [email protected] 3 points 8 months ago* (last edited 8 months ago)

For anyone just kinda happening across this post and not sure what's being talked about, this is related to the stock market.

Basically, it's possible for large hedge funds to create and even sell "phantom" AKA counterfeit shares - and then when someone calls them on the fraud, they can just kinda say, "Whoops! Our bad! We're just going to reverse the whole deal and pretend it never happened. :)"

There's more in-depth info at this website here - which isn't very pretty or expensive/professional by any means, but is well-sourced and straight-forward.