FIDELITY HAS LOANED ALMOST ALL GAMESTOP SHARES -- DOWN TO 83,745 AND ON THE HARD TO BORROW LIST

Discussion 🦍

Like many of you, I've been listening to the nonstop gospel about Fidelity for months. Fidelity is a friendly whale, Fidelity is long GME, etc.

The point of this post isn't to call bullshit on any of these claims, but to invite some commentary from those that have been pushing the Fidelity agenda for months now (and there are quite a few of you out there). Is there a single iota of evidence that Fidelity is acting in ape's interests?

I'm curious for a few reasons.

Firstly, when I waxed poetic about Fidelity to one of their senior traders, his response was a blunt "well you never know which side of the trade Fidelity is working."

Secondly, I've noticed in particular that any commentary that could be interpreted as even mildly opprobrius of Fidelity's motives is violently downvoted, and typically personally attacked with no cogent counter.

Thirdly, there is zero doubt that Fidelity is and has been providing a significant amount of ammo used to fuel the short attacks we've been seeing, especially over the last few weeks. Where are these shares coming from?

Fourth, Fidelity is being sued in several pending federal court actions brought by state attorneys general for colluding with Citadel to defraud retail investors.

The only rebuttal I've heard to date is that Fidelity is orchestrating some type of bear trap. This isn't a thesis--it's a conclusion. I'm not saying there isn't a universe where apes interests and Fidelity's interests align, but to my knowledge no evidence has been presented from which this could even be inferred.

I'm not asking for a playbook, but the immediate downvoting and personal attacks pressed on anyone who raises this question--which I've been tracking for months now--is quite disturbing in itself. There is no agenda intended here, and you can downvote me as much as you want. Should that happen I'll pretty much assume the need for further investigation, and would encourage anyone interested in knowing more about the backstage liquidity show down to do some poking as well.

Look forward to opening the floor on this issue.

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Posted Apr 22, 2021, 11:08 PM UTC · edited

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