The Investment Thread (12 Viewers)

[itztime]

Skimmed off about 8% today (most of my June calls, since those will depreciate quickly), which gives me enough to pay off the mortgage and all debt.

Going to diamond hand it for a few more days, as I think next week gets us closer to the peak, but I am currently already sitting on life changing money.

In case you're wondering, after CAREFUL DD for months, not only did I YOLO on hundreds of option call contracts with $40 strikes for June, September, and January back when they were all less than $1, but....

Awesome man!

You were quiet today, I thought you might have been looking at yachts.

 

[bclemms]

I bought some BB calls last week that expired this week. 1000% gains. It was a good trade, not AMC but a good trade.

For AMC, the highest strike price is $73. If it closes there on Friday they are all ITM. Which means a ton more buying to hedge. This could get even more interesting the next two days and early next week.

I sold AMC 49c calls yesterday thinking, no way can it double by the end of the week and it did it in a day. Madness.

Don't worry. My AMC calls expired last week. I still have my GME puts for July so I lost on both sides by bad timing.

 

[Turfie]

KOSS and Express so identical. GME is similar. AMC was similar. Around May 5th AMC starting moving up much more rapidly.

To my surprise. The biggest percentage jump among these 4 at the peak of the January run up. From January 26th to the 27th was actually not GME. It was KOSS.

 

[Turfie]

Putting on my tin foil hat again. In just a couple of days I could see a boat load of news, articles, and internet commentary that crypto is gonna make another massive run.

They don’t want anybody taking massive gains and moving them on GME. All GME needs is volume. It’s at the highest peak since January and only had 12.5 million in volume today. The January run up had 170+ million and March run up had 50+ million.

 

[St. Geezy]

You win, until you don't.

But yeah, nice job.

Exactly. I have been trading stocks for seven years now. Had some up years and down years, but I was playing with relatively little money back then.

Around January though, I decided to really hone and and try to get deeper into it. Not long after that, I decided to turn up the aggression meter significantly, and got a couple of big wins early in the year around February to help pad my account (AABB and OCGN's February pumps).

Once I discovered this AMC play, it took awhile for me to build up the knowledge and courage, but once I felt my homework was verified, I decided I'd be an absolute fool not to go all-in. This quote also inspired me to give myself a chance at something special rather than continuing to tread water by making or losing a thousand here and there, and end up in the same place I was before - having to report to a 9 to 5 like most everyone else and barely getting to enjoy life:

I can't count any chickens before they hatch however. One thing you quickly learn doing this is that you have not "made money" or "lost money" until you press the sell button. Right now, my "profits" are merely just something to look at on paper and fantasize about. I've gone from being a millionaire to not being a millionaire three times in the past week or so. I'm very firmly back in the club right now at the moment, but those experiences have taught me to stay humble and keep your eyes peeled, because it can all be taken away on a whim.

Awesome man!

You were quiet today, I thought you might have been looking at yachts.

Yesterday was a whirlwind. That said, with what I have on the line in this, I had my full attention on the actual trading and my live ticker. I literally woke up at 3:00 am for pre-market each day this week, knowing what was likely to come as a result of the 06/02 share record date and of course, following last week's crazy finish. Most of the day yesterday was spent staring at my computer screen and monitoring the progress of the share price and call strike prices, tick by tick on the live feed, while occasionally browsing for any new DD that comes out throughout the day, just so that I am in position to make any moves I need to make.

I even took days off from work for this at this stage, especially knowing that "work" could be a thing of the past fairly soon. I figured I owe it to myself to focus on this and only this for a few days, and I owe it to them to not be depending on me when my focus is currently 100% on making literal 7-figure, maybe even 8-figure decisions on the fly.

Putting on my tin foil hat again. In just a couple of days I could see a boat load of news, articles, and internet commentary that crypto is gonna make another massive run.

They don’t want anybody taking massive gains and moving them on GME. All GME needs is volume. It’s at the highest peak since January and only had 12.5 million in volume today. The January run up had 170+ million and March run up had 50+ million.

Definitely not tin-foil hat material. I have been tracking this thing daily for awhile now, and one of the things this rare situation of having one stock to monitor has afforded me is the opportunity to see just how manipulated this entire stock market is. Media narratives are a real thing. Heck, some of the most popular stock media news sources are either owned by the enemy themselves (The Citadel has direct ownership stake with MarketWatch) or are even a hedge fund operation themselves (Motley Fool). Even Jim Cramer is a mouthpiece for the hedge funds.

A lot of the activity I see in stocks has become very predictable at this stage, and I can recognize a pump and dump with the best of them at a near 100% success rate, no exaggeration.

Even now, they're trying to push other stocks on people by pumping them and enticing. What they do is pump stocks by buying a bunch of shares, then blast through the media that it is the "New WallStreetBets favorite," blast social media platforms with them, and then dump them once they've pilfered money from retail. There is a reason that, after months of not hearing a thing about BB, EXPR, SNDL, NAKD, but hearing nothing but negative article after negative article daily about AMC, all of a sudden those others on the forefront again now that the squeeze process is unfolding.

Also, plot twist - the hedge funds bought-out the WallStreetBets mods in February, so the enemy pretty much runs that forum now. It's basically a caricature mascot at this stage, used by the media to place blame and/or advertise stocks they want innocent retail investors to pour their money into before they dump them.

 

[Turfie]

Citadel may have already sent just about everything to the Cayman islands. And the SEC gave them plenty of time to do that.

This may leave the DTCC to clean this all up. DTCC has had enough time to put up a bunch of firewalls to protect themselves. Looks like tax payers could be on the hook for years of market manipulation by hedge funds and big banks.

So, won’t be a big shocker to hear that Citadel may file for bankruptcy soon.

 

[Turfie]

AMC to sell another round of shares. Again. This time 11 million. And they announced it in premarket where the vast majority of retail investors can just watch.

 

[St. Geezy]

AMC to sell another round of shares. Again. This time 11 million. And they announced it in premarket where the vast majority of retail investors can just watch.

These 11,000,000 shares are already owned and a part of the share count. This is being framed for FUD purposes by the hedge fund community, but the truth is, all they're literally doing is taking this opportunity to wipe out/sell all company debt with an asset they already own.

Those 11,000,000 shares will be gobbled up in seconds, if they have not been already.

AMC would literally have to hold a vote with shareholders in order to add shares to the float, because we (retail investors) literally own the company currently.

 

[St. Geezy]

News released (a transaction that happened on 04/27, by the way), short ladder attack commenced as shown on the Fintel/Ortex data, to characterize it as bad news. Retail immediately gobbles up the shares, and the price is now back to where it was before.

Keep your eyes peeled. The attempts to sway opinions away from AMC and/or sway minds to other stocks will be on full blast these next few days.

There is a reason why after months of only two so-called "meme stocks" getting any coverage, all of a sudden, you're hearing about 10 different meme stocks. They're all distractions to try to thin out the herd and or make money from inexperienced FOMO buyers falling into pump and dump traps thinking that they need to because the fake, hedge fund created character that goes by the name "WallStreetBets" says that's what they should do.

 

[St. Geezy]

All coordinated B.S.

 

[mc4saints]

All coordinated B.S.

$10 swings already today

 

[mc4saints]

Halted after another hard downswing.

 

[Turfie]

These are violent times. Remember that action in January. On 28 Jan , GME opened at 265. Had a low of 112 and a high of 483.

AMC opened at 11.98. Had a low of 6.51 and a high of 16.50.

We are approaching final boss territory. Not financial advice. But I’m gonna continue fighting.

 

[Turfie]