The Investment Thread (2 Viewers)

[Mr. Blue Sky]

Holy Cow.. for the first time in months, i was busy yesterday and didnt check my eTrade account , or the market.. this morning i see that TSLA is now back over $700- for the first time in months ! Coincidence?? Yeah, probably so…. Still, maybe there’s something to that methodology.. I’ll try to avoid checking so often from now on, yall are welcome.

 

[Turfie]

Added another GME for the infinity pool.

 

[Turfie]

Then

This thing in the last 10 minutes. I knew they shorted it all day to rebalance into the S&P midcap 400. Then they shorted it again afterwards.

Edit: I don’t understand it. Retail is the whale. Retail owns more than the float. On Fidelity, 87% of all GME orders were buys today. Retail is not selling.

 

[St. Geezy]

Then

This thing in the last 10 minutes. I knew they shorted it all day to rebalance into the S&P midcap 400. Then they shorted it again afterwards.

Edit: I don’t understand it. Retail is the whale.
Retail owns more than the float. On Fidelity, 87% of all GME orders were buys today. Retail is not selling.

Same story with AMC, every single day, way more buy orders than sells.

They’re sending our orders to the dark pool exchanges.

 

[St. Geezy]

AMC - AMC Entertainment Holdings, Inc. Stock - Stock Price, Institutional Ownership, Shareholders (NYSE)

AMC - AMC Entertainment Holdings, Inc. Stock - Stock Price, Institutional Ownership, Shareholders (NYSE)

fintel.io

SEC.gov | SEC Appoints New Jersey Attorney General Gurbir S. Grewal as Director of Enforcement

www.sec.gov

 

[Turfie]

Fully expecting more fudgery today. But also wondering what’s going to happen to the GME and AMC price with a lot of potential puts being excercised or sold. GME closed below 150 yesterday and AMC below 30.

 

[St. Geezy]

Fully expecting more fudgery today. But also wondering what’s going to happen to the GME and AMC price with a lot of potential puts being excercised or sold. GME closed below 150 yesterday and AMC below 30.

Not sure on the GME front. I know AMC has a potential gap fill scenario that could see it fall to as low as $25 before an upswing. The only potential thing that could stop it is buying pressure, as I am sure tutes are about to start loading up here in the 20s if it hovers there for long.

Next Monday is earnings, and the company is expected to beat is easily, and there are 42 million T-35 FTDs to purchase from 08/06-08/20, so we shall see.

 

[St. Geezy]

Yesterday's buy to sell order ratios. This sort of imbalance on a day the stock price goes down is unheard of, much less every single day.

GM is looking a bit fishy too, for that matter.

Also not surprised to see distraction stock "AMD" go up despite the sell pressure either.

This entire market is so rigged. Nothing about it is organic.

 

[St. Geezy]

Basically what's going on, and this is also the case with GME, is they're artificially diluting the stock with synthetic sell pressure, while brazenly not delivering on the shares they're shorting.

 

[St. Geezy]

Shady business from Robinhood? I am shocked lol...

 

[Turfie]

Shady business from Robinhood? I am shocked lol...

I avoided it like the plague. Even though I kinda thought it would have a mini run. I draw a line in the sand sometimes.

 

[Turfie]

The more I watch the SEC director Gary Gensler the more I think he will (or already is?) be a big fan of GME and others creating NFTs attached to all shares.

Edit: Gensler did an interview with CNBC yesterday. CNBC cut out a portion of the video.

Gensler like a boss just posted the exact clip CNBC removed.

 

[St. Geezy]

The more I watch the SEC director Gary Gensler the more I think he will (or already is?) be a big fan of GME and others creating NFTs attached to all shares.

Edit: Gensler did an interview with CNBC yesterday. CNBC cut out a portion of the video.

Gensler like a boss just posted the exact clip CNBC removed.

Yep, Gensler has been on retail's side from day one. His opinion and his words, is that retail investors getting together on social media is no different than a group of neighbors getting together to talk about what stocks they like and why. It is up to the banks and hedge funds themselves to have proper risk assessment to avoid the predicament they're currently in.

The CNBC host clearly tried to bait Gensler into railing on retail investors, and he went the other way with it, so I was not surprised to see that clip get taken out. It's very telling.

 

[St. Geezy]

Today I noticed some very unusual call options activity on the 08/20 expiry for AMC. Take a look at the options volume and open interest in the $100 to $145 range; no other date appears that way.

While I don't think this means anyone should go out and YOLO on calls at those levels, it at least shows that someone on an institutional type level believes the value of those calls on that date are set to improve at some point between now and then, even if by "only" 50 to 100%.

Over the next 10 trading sessions, over 40 million FTDs from the month of June are due to be bought by hedge funds/MMs, per the T-35 schedule, so all signs are pointing to a decent run here imminently, including the price being tanked this past week being a sign.

I have bought a small handful of calls in the $40 to $50 strike range for the 08/20 and 08/27 expiry dates based on this intel, as they are dirt cheap right now.
I should also note that a similar anomaly like this existed back on the June 18th expiry, allowing me to acquire a ton of $40 strikes for $0.31 per share per contract, and I essentially turned $4k into over $300k on that one alone. I wish in hindsight I had put more in, but I got them too close to expiry to want to risk too much, and I plan to do something similar and be conservative here since these expiry dates are relatively close.

If I see a big spike next week, I will likely sell the premium early on a large portion of them rather than hold them all the way up to expiration, but we shall see how the momentum goes and if the FTD thesis holds up.

:::not a financial advisor, please do your own DD before making any moves based on this post:::

 

[Turfie]

No positions on ROOT but follow it. It somehow found a way to finish red again. Down almost 75% from its IPO in the fall.