On September 11, 2021, a post in an investor forum from 2004 was discovered and posted on Superstonk where it was subsequently read by hundreds of thousands of individuals and entered the conscious awareness of GME investors for the first time.
Original source for the post - March 7, 2004
This piece can also be found in the GameStop Due Diligence Library
The significance of the cellar boxing post is that it introduced an important concept that explained in detail some of the methods by which certain participants (e.g. market makers) could perpetrate a strategy of naked short selling against vulnerable target companies that, when executed successfully, resulted in the target company’s demise and great profits for the perpetrators.
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