The Investment Thread (17 Viewers)

Saintaholic

<><><><><><><><><><><>
VIP Contributor
Joined
Jul 8, 2000
Messages
17,797
Reaction score
29,863
Offline
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.

Definitely have to expect massive dips at this stage, and they will only get worse. It's been their game for years now. Thankfully, most people have learned that the best way to combat them is to simply hold and not give them what they want (for you to sell).

I will admit that I did not foresee us breaking through that $45 support level today, but that was clearly an unnatural set of red candles from a chart standpoint and it appears things are heading back up now. I thought if we got under $42 today, we'd likely go as low as $37-39, which was where we landed briefly after the run to $70, but we did not.

At the end of the day though, as indicated, this is all psychological games at this point, with some fairly significant catalysts coming over the next 5 to 8 trading sessions, including the approval of DTCC-2021-002/005? on 06/21, which will give the SEC/DTCC the authority to force margin calls on these over-leveraged institutions.

EDIT: Looks like we actually DID go to $39.71 briefly. I must've missed that while I was away for a little while.
 

Saintaholic

<><><><><><><><><><><>
VIP Contributor
Joined
Jul 8, 2000
Messages
17,797
Reaction score
29,863
Offline
This is definitely desperation time for these guys. Gotta expect a massive dip before the rip at this stage.
 

itztime

Subscribing Member
VIP Subscribing Member
Joined
Aug 6, 2002
Messages
2,280
Reaction score
1,119
Age
44
Location
MS
Offline
This is definitely desperation time for these guys. Gotta expect a massive dip before the rip at this stage.
I know its different circumstances but I did read that the Volkswagen short squeeze was 1 week of red than the squeeze. I know nothing of those dynamics though, Ive read that Porsche steered that squeeze and other say different, could be FUD or could be truth, everyone has an agenda right now. Though we all know WS is corrupt!
 

itztime

Subscribing Member
VIP Subscribing Member
Joined
Aug 6, 2002
Messages
2,280
Reaction score
1,119
Age
44
Location
MS
Offline
A day early no less!
I have to admit, I didnt know why you posted that and it just dawned on me today is friggin Thursday, I have been one day ahead of myself all week. It took me typing a weekly status meeting agenda moments ago to realize the day and you pointed it out to me in so many words :oops:.
 

Saintaholic

<><><><><><><><><><><>
VIP Contributor
Joined
Jul 8, 2000
Messages
17,797
Reaction score
29,863
Offline
I know its different circumstances but I did read that the Volkswagen short squeeze was 1 week of red than the squeeze. I know nothing of those dynamics though, Ive read that Porsche steered that squeeze and other say different, could be FUD or could be truth, everyone has an agenda right now. Though we all know WS is corrupt!

That is definitely correct. Huge dip before it rocketed...I keep a screenshot of this on my desktop just to remind myself every once in awhile.
 

Attachments

  • vw2008.png
    vw2008.png
    22.3 KB · Views: 23

Saintaholic

<><><><><><><><><><><>
VIP Contributor
Joined
Jul 8, 2000
Messages
17,797
Reaction score
29,863
Offline
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.


There is a massive bubble about to get popped. Way too much margin lending has occurred in the past year, due to short-sighted relaxing of SLR policies that have just gone offline. Too much of it was used.

It would be like giving someone $10 million to go gamble at the casino, and they absolutely MUST pay back all $10 million. But instead of being conservative and only gambling with say, $500k to $1m, you gamble with $9 million of it all at once, and lost on too many bets, so now you're in deep trouble.
 

Attachments

  • US-margin-debt-1999_2020-2021-05-18.png
    US-margin-debt-1999_2020-2021-05-18.png
    30.7 KB · Views: 23

itztime

Subscribing Member
VIP Subscribing Member
Joined
Aug 6, 2002
Messages
2,280
Reaction score
1,119
Age
44
Location
MS
Offline
Catalyst given and than taken away....@Saintaholic you should love this one (8 min video explaining) with the blatant corruption. "Meet Kevin" played a fine line with the MEME stocks, now that he is heavily invested he is calling them out.

 

superchuck500

tiny changes
VIP Subscribing Member
VIP Contributor
Diamond VIP Contributor
Joined
Aug 9, 2004
Messages
59,704
Reaction score
92,434
Location
Charleston, SC
Offline
There is a massive bubble about to get popped. Way too much margin lending has occurred in the past year, due to short-sighted relaxing of SLR policies that have just gone offline. Too much of it was used.

It would be like giving someone $10 million to go gamble at the casino, and they absolutely MUST pay back all $10 million. But instead of being conservative and only gambling with say, $500k to $1m, you gamble with $9 million of it all at once, and lost on too many bets, so now you're in deep trouble.

It’s interesting but the chart isn’t necessarily demonstrative. Margin is a function of total asset value, so a raw number in billions isn’t as meaningful as margin/total. Lay the S&P over that chart and you can get a sense of whether they’re in sync. But it does look like the margin chart takes a higher trajectory at the end on the right (current) so the premise could still be true.

1623345348179.png
 

Saintaholic

<><><><><><><><><><><>
VIP Contributor
Joined
Jul 8, 2000
Messages
17,797
Reaction score
29,863
Offline
It’s interesting but the chart isn’t necessarily demonstrative. Margin is a function of total asset value, so a raw number in billions isn’t as meaningful as margin/total. Lay the S&P over that chart and you can get a sense of whether they’re in sync. But it does look like the margin chart takes a higher trajectory at the end on the right (current) so the premise could still be true.

View attachment 158463

I guess the only counter to this is that the post-COVID bounce back looks a little too sharp. People/tutes taking advantage of the recovery plays and inflating them prematurely perhaps?
 

superchuck500

tiny changes
VIP Subscribing Member
VIP Contributor
Diamond VIP Contributor
Joined
Aug 9, 2004
Messages
59,704
Reaction score
92,434
Location
Charleston, SC
Offline
I guess the only counter to this is that the post-COVID bounce back looks a little too sharp. People/tutes taking advantage of the recovery plays and inflating them prematurely perhaps?

Yeah was looking at that too.
 

Saintaholic

<><><><><><><><><><><>
VIP Contributor
Joined
Jul 8, 2000
Messages
17,797
Reaction score
29,863
Offline
Catalyst given and than taken away....@Saintaholic you should love this one (8 min video explaining) with the blatant corruption. "Meet Kevin" played a fine line with the MEME stocks, now that he is heavily invested he is calling them out.


Hedgies know when and how to throw water on good news to make sure it doesn't create a cataclysmic surge they fear.

They also know how to over-inflate news to make it sound more important than it is, for their weekly pump and dump scam type stocks, the latest examples being CLOV, WKHS, and AEMD. There's also my new favorite tactic they used that I have caught on to just recently - them pretending that Elon Musk crypto tweets are what is causing the rises and falls of those holdings. And just to make myself clear, I am saying Musk is involved in providing these tweets, the latest being the "Cumrocket" fiasco from this past weekend.
 

Saintaholic

<><><><><><><><><><><>
VIP Contributor
Joined
Jul 8, 2000
Messages
17,797
Reaction score
29,863
Offline
Been seeing screenshots like this going around today, indicating that this is the real price of AMC right now that only brokerages have access to. Not sure if authentic, so take it with a grain of salt. But this is at least the third one I have seen like this from three different sources and three different screengrabs.
 

Attachments

  • original_342316367.jpg
    original_342316367.jpg
    581.4 KB · Views: 16
  • E3ia7P0WYAUizPL.jpg
    E3ia7P0WYAUizPL.jpg
    102.8 KB · Views: 13
Joined
Nov 29, 2019
Messages
1,150
Reaction score
1,426
Age
37
Location
Canada
Offline
Definitely have to expect massive dips at this stage, and they will only get worse. It's been their game for years now. Thankfully, most people have learned that the best way to combat them is to simply hold and not give them what they want (for you to sell).

I will admit that I did not foresee us breaking through that $45 support level today, but that was clearly an unnatural set of red candles from a chart standpoint and it appears things are heading back up now. I thought if we got under $42 today, we'd likely go as low as $37-39, which was where we landed briefly after the run to $70, but we did not.

At the end of the day though, as indicated, this is all psychological games at this point, with some fairly significant catalysts coming over the next 5 to 8 trading sessions, including the approval of DTCC-2021-002/005? on 06/21, which will give the SEC/DTCC the authority to force margin calls on these over-leveraged institutions.

EDIT: Looks like we actually DID go to $39.71 briefly. I must've missed that while I was away for a little while.
That DTCC 005 document was BS. They removed it due to “formatting issues” a few months ago and haven’t returned it since. GME guys have tried to create more awareness about that.

From my understanding the DTCC 005 will prevent hedges and big banks from kicking the FTDs further down the road.
 

Saintaholic

<><><><><><><><><><><>
VIP Contributor
Joined
Jul 8, 2000
Messages
17,797
Reaction score
29,863
Offline
That DTCC 005 document was BS. They removed it due to “formatting issues” a few months ago and haven’t returned it since. GME guys have tried to create more awareness about that.

From my understanding the DTCC 005 will prevent hedges and big banks from kicking the FTDs further down the road.
002 is the one I believe.
 

Saintaholic

<><><><><><><><><><><>
VIP Contributor
Joined
Jul 8, 2000
Messages
17,797
Reaction score
29,863
Offline
LIaIvsd.png


9AxX3Cr.png


Take with a grain of salt, but seems legit enough to me.
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Users who are viewing this thread

 

New Orleans Saints Twitter Feed

 

Headlines

Top Bottom