The Investment Thread (15 Viewers)

Saintaholic

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itztime

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Has anyone seen these or utilize the following floor tickets for $AMC & $GME? Looks like at least the $AMC ticker data is populated through Ortex.


 
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Has anyone seen these or utilize the following floor tickets for $AMC & $GME? Looks like at least the $AMC ticker data is populated through Ortex.


I’ve seen them. I don’t put a lot of stock in them (not sure if I intended a pun or not).

I’m expecting some red days until sometime late next week for many stonks. Going to hold.
 

itztime

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I’ve seen them. I don’t put a lot of stock in them (not sure if I intended a pun or not).

I’m expecting some red days until sometime late next week for many stonks. Going to hold.
Holding here also, seems like a lot of FUD right now creeping into the “ape” threads, tweets, videos, etc., not that they weren’t before but seems to be more of it.
 

Saintaholic

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Really surprised we didn't get a decent surge in AH/PM today following yesterday's announcement of the share count.

The total float is supposed to be only 501 million shares, however retail investors in America and Canada alone (which is all they could account for), own 492 million shares.

This does not account for institutional holders (approx. 115m shares), international holders , or insider holders. At a minimal, this thing has at LEAST 150m to 200m synthetic shares out in the market currently that are not being accounted for.

That alone would send the price deep into triple digits once wiped off of the books, and that's without taking into account short covering and FOMO buying on the way up.
 

Saintaholic

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Holding here also, seems like a lot of FUD right now creeping into the “ape” threads, tweets, videos, etc., not that they weren’t before but seems to be more of it.
Yep...as well as pump and dump distraction stocks popping up every single day, all under the convenient disguise of "the new Reddit target," which is a media-created fallacy. The latest one being CLOV.
 

Saintaholic

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Has anyone seen these or utilize the following floor tickets for $AMC & $GME? Looks like at least the $AMC ticker data is populated through Ortex.



I'm not putting a lot of stock into information like this. No one knows what the true floor is going to be once everything gets rectified. The problem I see in most retail investors' 100K thesis is that they believe that "they," as in the hedge funds and ultimately the DTCC, must absolutely buy our shares regardless of price, but I personally don't buy that theory.

Everything has a ceiling as far as price, and for the price to get to that level, The Citadel will be long gone out of the picture and out of funds, so we'd be tapping into the DTCC's insurance. I firmly believe they'd hold out paying anything at all to shareholders before forking over $100k per share to anyone.

I know I am in a different position in terms of risk assessment than most since I am heavily leveraged on options along with a handful of shares, but I plan to have at least 80% of my positions sold before we even reach $800. I may hold onto 10% or so just in case I am wrong and something crazy does happen, but I just don't see it being allowed. It could literally crash the national economy potentially, maybe even the world economy.

Furthermore, we already see how anxious and finicky some people are getting about this relatively small price drop from the $70 range to the $45 to $55 consolidation range we are currently in after a massive 500% spike; do we really see people holding once we are at say $500, and the dips are $100+ at a time? Or how about if we do happen to get to a crazy number like $5,000....do you think everyone is going to hold when it dips down to $2,000? No chance.

To tell you the truth, I think most of the people with the crazy $100k to $500k "price targets" are young investors that own less than 50 shares, thinking this will be what makes them a millionaire. There may even be some bad actors out there pushing this idea, on both sides, just to leave more investors out there as bag holders when all is said and done.

I have said this before to many people, but for me, I think you go into this with a dollar figure goal in mind that you want to achieve, and just be grateful for anything above that you are able to get. 99% of us are going to leave money on the table and have regrets about where we sold or how we executed our exit strategy, so we just need to condition our minds to just be grateful for what amounts to a crap load of free money based on weeks/months of research and a few mouse clicks.
 

superchuck500

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So question - why would SEC looking into trading activity at GME/AMC cause prices to fall?







I thought the premise here wanted that and that regulatory review would expose the naked shorting, potentially leading to closing of short positions either in anticipation of regulators or due to actual regulator activity.
 

Saintaholic

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So question - why would SEC looking into trading activity at GME/AMC cause prices to fall?







I thought the premise here wanted that and that regulatory review would expose the naked shorting, potentially leading to closing of short positions either in anticipation of regulators or due to actual regulator activity.

It isn't causing prices to fall. The prices are "falling," because the activity is continuing. They're still borrowing and shorting. When you study the Level 2 data, live feed, you can clearly see that most of the sell activity is dark pool based, in fact, yesterday 63% of the activity on the stock was dark pool.

The sales inflow has been greater than the outflow every day now for weeks. The price action currently is all artificial.

Again though, I would not exactly say prices are falling after a 500% run-up ends up with a consolidation between 400% and 450% the following week. It's all relative.
 

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Saintaholic

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When in doubt, zoom out....does this still look like the price is falling now?

EDIT: I should also point out on that graph, that the RSI indicator in the middle there, based on the known short interest, is showing that we are WAY oversold as of yesterday's after hours close right now. It's all artificial action at the moment.
 

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superchuck500

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When in doubt, zoom out....does this still look like the price is falling now?

EDIT: I should also point out on that graph, that the RSI indicator in the middle there, based on the known short interest, is showing that we are WAY oversold as of yesterday's after hours close right now. It's all artificial action at the moment.

Thanks, all good info. I didn’t mean prices falling in the zoom out, I just meant price action that seemed to follow the SEC comment. But I’m following your analysis, thanks.
 

Saintaholic

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Thanks, all good info. I didn’t mean prices falling in the zoom out, I just meant price action that seemed to follow the SEC comment. But I’m following your analysis, thanks.

Yeah I'll be honest...between the SEC announcement and the share count info we received yesterday, I thought we'd see a decent jolt in after hours yesterday or pre-market today.

After speaking with a friend that is a bit more experienced in the stock market than I am, though this is somewhat unprecedented, he believes it will take a little while for this news to marinate. Could be something we see results from over the course of a full session or two as the news spreads and gets digested by the masses.

Crazy situation all around. Encouraging start thus far though, seeing that we bounced off of the $45-$46 and didn't fall below that level of support (at least for the moment).
 

superchuck500

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As an elementary matter, structural inflation usually triggers rate increases which will likely compress multiples in this stock market that has been riding low rates for over a decade.

 
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I think GameStop is actively selling shares into the market now. Matt Furlong is the new CEO. Outside of his Amazon experience I can find anything. Not even a YouTube video of him speaking.
 

itztime

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I think most of the socially known gorrilas predicted these dips starting on Thursday and really dipping on Friday. With so much vested, they have studied this in their sleep.
 

itztime

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I think GameStop is actively selling shares into the market now. Matt Furlong is the new CEO. Outside of his Amazon experience I can find anything. Not even a YouTube video of him speaking.
Cohen, though did toss an Easter egg with his closing statement "buckle up".
 

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