Dec. 7 at 9:05 PM
$AMC $GME
$GME.WS
The Wizard’s accidental curtail pull exposed the back-end collateral system:
Barclays terminals showed
$6.31 TRILLION tied to GME-WS. ⚡️👀
Not the stock — the warrant liability stack!
Synthetic Load:
Reverse-engineered synthetic share equivalents:
100B–300B at
$20–
$60 valuation
30B–60B at
$100 valuation
6B+ even at
$1,000 valuation
= 400× to 2,000× synthetic multiplier,
making VW’s 38× look like a rounding error!
What Happened:
Over several hours the system accidentally priced the entire synthetic universe as if it were real.
Then scrubbed it from public interfaces.
System’s Choice:
Hide the exposure after it printed.
But unlike MMTLP, it was already seen.
Price hasn’t yet been allowed to reflect the imbalance.
⭐ TL;DR — UNIFYING MIC DROP
• VW showed what happens when synthetic shares collapse into the float.
• MMTLP showed what happens when they’re blocked from collapsing.
• GME.WS showed the size of the collapse before it happens‼️
