Part 2: Let's Play a Game - Show Me the DATA!

Now, remember the swaps that led to the Archegos collapse from Part 1?

If you go back you'll see the first swaps are a bunch of ETF Swaps (likely the ETF XRT).

XRT is an ETF - it's essentially a basket of a collection of stocks. One of it's largest holdings? Yes, you guessed it - GameStop.

XRT is an ETF that holds GameStop - it's been heavily shorted all year.

THIS YEAR - the XRT ETF had 400-800% short Interest as a % of Float. Can you believe that shit?!

While it was being reported - XRT ETF short interest data was between 400-800%. Also, Mags said it not us.

These are screenshots we took as we dived into GameStop. We'd link you to the current short interest, but they literally STOPPED reporting it - you can't find it publicly. @DOGE is this even legal?

Now - in addition to short interest, there is something called FTDs - Failure To Deliver.

In short selling, a Fail to Deliver happens when someone who sold borrowed stocks can't return those stocks by the deadline.

• Fail to Deliver: If the short seller cannot acquire the securities they sold short by the settlement date, either because they couldn't borrow them or because there's a high demand for the stock with limited shares available, this results in a "fail to deliver." 

When Roaring Kitty came back from May 2024 - Jan 2025 there were MASSIVE spikes in FTDs on both GameStop and then Chewy the day of Roaring Kitty tweeted a dog photo.

Now - they've simply STOPPED REPORTING THE DATA. Seriously, how corrupt is the SEC? Maybe Elon was right about the acronym.

Below is FTD data on GameStop and you can see some of the data that's missing in December.. There's been more missing since.

On the left is GameStop FTDs, on the right is XRT FTDs. You'll notice some of the missing data on the left, but there's been more since including January.

GameStop Community members were pissed - rightly so. And when they submitted for the SEC to do an inquiry here's what happened:

Foreseeable harm hmmm... Reese makes a good point, who are they protecting? Retails or the hedge funds.

In Part 3 we'll show you why we think GameStop will short squeeze and pose a risk for the a bunch of financial players in the market who we believe might be naked shorting GameStop stock.