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Sorry if already posted, but I believe this Reddit poster has figured out why we are seeing such massive spikes pretty much every three months with the over-shorted stocks (a.k.a. the so-called meme stocks).
I had been saying for a while now to people that something was happening every 90 days, but I had no idea what it could be. I think we now know.
Sorry if already posted, but I believe this Reddit poster has figured out why we are seeing such massive spikes pretty much every three months with the over-shorted stocks (a.k.a. the so-called meme stocks).
I had been saying for a while now to people that something was happening every 90 days, but I had no idea what it could be. I think we now know.
Sorry if already posted, but I believe this Reddit poster has figured out why we are seeing such massive spikes pretty much every three months with the over-shorted stocks (a.k.a. the so-called meme stocks).
I had been saying for a while now to people that something was happening every 90 days, but I had no idea what it could be. I think we now know.
This entire thing is getting blown wide open. It wouldn’t shock me if some real smart knowledgeable people have been anonymously spoon feeding the details of this organized crime to Reddit.I have been keeping up with this from Simulate and Trade from YouTube, he has been trying to break the Reddit post down. Im guessing with the more exposure of the wrong doings someone is going to have to act because you can only play blind for so long. The focus of the pandemic has really helped the snakes as stories like this do not get the exposure they deserve.
TL;DR:Is there a TL;DR version?
Barring some new level of fudgery, I could see massive gamma ramps for GME, AMC, BBBY, BB, and EXPR. This could be a big one. Im hoping this incites margin calls and liquidation to the bad players.Bought some $15 strike BB calls for 09/10 based on the above DD and the fact that they seem to be on the same 90 day cycle as AMC/GME, and those are already flying.
I bought them between $0.14 and $0.17 each.
Barring some new level of fudgery, I could see massive gamma ramps for GME, AMC, BBBY, BB, and EXPR. This could be a big one. Im hoping this incites margin calls and liquidation to the bad players.
Just looked into this more. Today SPRT had a trading volume of 166 million.SPRT up 160%. Wow