The Investment Thread (5 Viewers)

Saint_Ward

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Rumors that Amazon was looking into offering a live TV package as well, have now been confirmed.

Amazon creating live TV package - Business Insider
The rumor

https://www.amazon.com/gp/help/customer/display.html?nodeId=201975120

https://www.usatoday.com/videos/tech/2017/05/23/amazon-prime-now-let-you-watch-tv-live/102046756/

confirmed.

No details on the pricing or offereings yet.

With Amazon getting into this arena, pushing the boundaries on retail, cloud services, etc. I really do wonder how large they can grow. As long as they keep their laser focus on customer service, speed and cost, I think they can do a lot.

I'm very glad I was able to buy a few shares a while back while it was trading in the $700's... or course, I wish I did this a year or two before when they were in the $400-500 range. Wow.

Today they hit $998/share ad are now hovering around $996.
 
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So NAKD up 5% premarket yesterday then saw lots of downward pressure. Today it was up almost 20% premarket and has seen incredible downward pressure all day and may even end red.

It’s trading at near 3-month lows. I have a tough time believing this is real shares being sold. I have no positions. But can’t help but noticethis.
 

DaveXA

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So NAKD up 5% premarket yesterday then saw lots of downward pressure. Today it was up almost 20% premarket and has seen incredible downward pressure all day and may even end red.

It’s trading at near 3-month lows. I have a tough time believing this is real shares being sold. I have no positions. But can’t help but noticethis.
As far as NAKD trading is concerned, it's a racket. Wouldn't touch it with your 10 foot pole.
 
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On a few brokers AMC and GME were trading at a 4:1 ratio of buy vs sell today.

Both stocks were red all day. When the number of people trying to buy was 4 times greater than the people willing to sell.
 

Saintaholic

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So NAKD up 5% premarket yesterday then saw lots of downward pressure. Today it was up almost 20% premarket and has seen incredible downward pressure all day and may even end red.

It’s trading at near 3-month lows. I have a tough time believing this is real shares being sold. I have no positions. But can’t help but noticethis.
On a few brokers AMC and GME were trading at a 4:1 ratio of buy vs sell today.

Both stocks were red all day. When the number of people trying to buy was 4 times greater than the people willing to sell.
Each of these topics belong next to one another. NAKD, like SNDL, like silver, like RKT, and this week, like SOS, were all blatant hedge fund pump and dumps used mainly to get people off of their AMC and GME positions.

All of the FUD being spread about AMC daily, along with the clearly manipulated price movement as you point out, are merely attempts to scare people into selling, and more importantly, attempts to stop new people from buying, before the squeeze button gets pushed in the near future once all these new DTCC policies have cleared the deck.

Right now, behind the scenes, hedge funds, the SEC, and long institutions are all working to strategically figure out the most efficient way to let the squeeze processes commence while also limiting the effects of the inevitable corresponding market crash as much as possible. They're likely brokering loan deals, selling debts, and/or brokering deals for discounted shares of other holdings once The Citadel and company get liquidated out of their positions once the de facto margin call becomes due.

These delays come at a cost though, as the more naked shorting hedge funds do to keep these prices artificially down for cosmetic purposes, the more people buy those naked shares, leading to retail investors in particular owning more shares that the actual float that exists (in AMC's case, it's reported at 90% owned by retail, but that does not factor in synthetic shares), making this a far more combustible squeeze potential over what GME has had thus far. All this is doing is running up the DTCC's portion of the bill, since there is no way The Citadel and other hedge funds will be able to pay people for their shares, hence why all these policies are being rushed through that could allow them to initiate the squeeze event themselves. AMC is the real threat, given the combination of the entire float and more being owned by retail + the crazy amount of short interest out there as well as FTD option interest.

Big moves coming here over the next 4 weeks, maybe sooner.
 
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Each of these topics belong next to one another. NAKD, like SNDL, like silver, like RKT, and this week, like SOS, were all blatant hedge fund pump and dumps used mainly to get people off of their AMC and GME positions.

These delays come at a cost though, as the more naked shorting hedge funds do to keep these prices artificially down for cosmetic purposes, the more people buy those naked shares, leading to retail investors in particular owning more shares that the actual float that exists (in AMC's case, it's reported at 90% owned by retail, but that does not factor in synthetic shares)
GME retails owns >90% float as well. I have positions in both and hope they both pop. I’m also prepared for a continuance of shorts.

I have attached a picture from Europe that I can’t stop laughing at. This truly is a Global event.
 

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So the Money Makers execute buy orders via dark pools (so the stock price doesnt go up) and execute sells on open market (which causes the stock price to go down). Plus millions of borrowed shorts on the open market. What’s crazy is the majority of this is legal for now.
 

Saintaholic

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So the Money Makers execute buy orders via dark pools (so the stock price doesnt go up) and execute sells on open market (which causes the stock price to go down). Plus millions of borrowed shorts on the open market. What’s crazy is the majority of this is legal for now.
Yep...and I think we are slowly learning that this is not something unique.

Ever notice that 9 times out of 10, the supposed "hot stocks" typically go the opposite direction? I think hedge funds have been pumping and dumping stocks on us for years using this methodology.

This is a good read I found on the subject. They have been ripping off us "Dumb Money" retail investors for years. The only difference is now, due to DFV/Roaring Kitty's epiphany last year, we have figured out how to beat them at their own game by merely always holding rather than panic selling like many have traditionally done...

Citadel Securities has captured that retail trading market by generous payments for order flow to at least nine online brokers. (See our report: Citadel Is Paying for Order Flow from Nine OnLine Brokerage Firms – Not Just Robinhood.) There is growing concern among lawmakers that Citadel Securities’ motivation in paying for this order flow is to be able to trade against unsophisticated retail traders, known as “dumb money” on Wall Street, in order to unfairly enhance its own bottom line.

The disciplinary history of Citadel Securities, unfortunately, aligns with that thesis.

On June 25, 2014, Citadel Securities was fined a total of $800,000 by its various regulators for serious trading misconduct. Citadel paid the fines in the typical manner, without admitting or denying the charges. The New York Stock Exchange alleged that the following had occurred:

“The firm sent multiple, periodic bursts of order messages, at 10,000 orders per second, to the exchanges. This excessive messaging activity, which involved hundreds of thousands of orders for more than 19 million shares, occurred two to three times per day.”

In addition, according to the York Stock Exchange, Citadel “erroneously sold short, on a proprietary basis, 2.75 million shares of an entity causing the share price of the entity to fall by 77 percent during an eleven-minute period.” In another instance, according to the New York Stock Exchange, Citadel’s trading resulted in “an immediate increase in the price of the security of 132 percent.”

On January 9, 2014, the New York Stock Exchange charged Citadel Securities LLC with engaging in wash sales 502,243 times using its computer algorithms. A wash sale is where the buyer and the seller are the same entity and no change in beneficial ownership occurs. (Wash sales are illegal because they can manipulate stock prices up or down.) Citadel Securities paid a $115,000 fine for these 502,243 violations and walked away. That’s less than 23 cents per violation.

On January 13, 2017 the SEC settled a case against Citadel Securities for $22.6 million in fines and disgorgements, alleging the following had occurred:

“…two algorithms used by Citadel Securities did not internalize retail orders at the best price observed nor sought to obtain the best price in the marketplace. These algorithms were triggered when they identified differences in the best prices on market feeds, comparing the SIP feeds to the direct feeds from exchanges. One strategy, known as FastFill, immediately internalized an order at a price that was not the best price for the order that Citadel Securities observed. The other strategy, known as SmartProvide, routed an order to the market that was not priced to obtain immediately the best price that Citadel Securities observed.”

I honestly think we are in the midst of the secrets of the matrix being exposed. Something much larger is in play right now, particularly in the world of naked, synthetic short shares. It's formed an artificially market bubble that is about to pop and crash the market.

In fact, I think many of the shares we currently own of stocks like AMC, GME, and many others, are synthetic. Think about it - in order to naked short, you have to have buyers. There will literally be brokerages having to buy actual shares once these squeeze events begin. I think this is a big reason why the buy halts happened in late January, because they saw the ****storm brewing.
 
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According to I borrow desk. 510,000 shares of GME were just borrowed to short at 7:12am.

2,000,000 ETFs that contain GME were also borrowed to short this morning. I’m sure AMC will be similar in proportion.
 

itztime

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According to I borrow desk. 510,000 shares of GME were just borrowed to short at 7:12am.

2,000,000 ETFs that contain GME were also borrowed to short this morning. I’m sure AMC will be similar in proportion.
Yep they both dipped and I bought more AMC with that dip.
 

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