The Investment Thread (12 Viewers)

[St. Geezy]

Just looked into this more. Today SPRT had a trading volume of 166 million.

Just under 25 million shares exist of this company.

Am I the only one seeing this???????

Beware, don’t jump in late to stocks like this one or BBIG...they’re hedgie owned.

The Citadel, Susquehanna, Virtu, and Jane Street Capital all took our massive long positions on many of these recent “Squeeze of the Week” stocks.

 

[Turfie]

Kinda funny. On Reddit there have been a lot of warnings about Hedge Funds hunting for stop losses on the meme stocks. They just tried it with Workhorse. That wasn’t driven by news.

That was an after lunch quiet time to try and collect shares via stop losses.

 

[Turfie]

So they can now legally hide their swap info. Crazy. This comes just a couple of weeks after the Reddit groups figured out how they were manipulating the markets with swaps.

Obviously Citadel is included in the exempt list.

 

[Turfie]

GME and AMC the past week or so. The swap basket is strong.

 

[Turfie]

If you are into financial conspiracies like me then click this link. Reddit post

Probably NSFW comments somewhere in there.

It involves Citadel and Amazon destroying everything in its path.

 

[Turfie]

Zombie stocks alive and well today. Blockbuster up 290%. Sears way up.

Last time that happened was near the end of January

 

[Turfie]

Zombie stocks alive and well today. Blockbuster up 290%. Sears way up.

Last time that happened was near the end of January

So a possible reason why these dead companies are surfacing is forced liquidation.

If you got margin called and you were forced to close everything, then you’d still need to close out your shorts in dead companies.

Sears and Blockbuster both mooned today. Last time that happened was January 27th. Again in tandem.

 

[Turfie]

Just continuing to get mind blown. Eventually the public will figure out algo trading. And they did.

Skip to 52 minutes in this video. The video was a live stream of yesterday’s AMC trading. This guy knew the algo and predicted everything based on Level 2 data. There is a secret communication system between market makers and this guy knows it.

Warning. Ton of NSFW language.

NSFW (language) livestream video

 

[Sailorsaint]

I know this is the investment thread but I gotta ask something. I've been paying down my credit and finally broke 700 on my credit score. Then I did two things...paid off my car loan and put $ 125 on my credit card for a rental car...my credit score dropped 25 points! WTH? Do I have to be deep in debt to have a decent credit score? Now, it feels like I'm starting all over again. It took a few months to get those 25 points.

 

[Turfie]

Kinda wish we would stop funding the bad Hedge Funds.

 

[Tapxe]

I know this is the investment thread but I gotta ask something. I've been paying down my credit and finally broke 700 on my credit score. Then I did two things...paid off my car loan and put $ 125 on my credit card for a rental car...my credit score dropped 25 points! WTH? Do I have to be deep in debt to have a decent credit score? Now, it feels like I'm starting all over again. It took a few months to get those 25 points.

I've virtually no debt and credit score close to max. It does fluctuate in odd ways from time to time. It might be something to do with percentage of available credit ratio. I think car loans and credit cards are different pools for the scoring as CC is much easier to abuse. So even though your debt total went down if the total you owe on your cards went up it could drop your overall score.

In my experience, it also seems a little sensitive to bumps in CC spending. Once I pay it down it recovers but not as quickly as it went up.

 

[where yat brah]

Globalstar soars 28% as iPhone 13 inclusion rumors continue to swirl ahead of Apple's event next week

Circulation of an FCC document on social media platforms reignited the Globalstar and Apple collaboration rumor on Wednesday.

www.google.com

 

[Tapxe]

No idea how to test the fundamentals, but FDA approved this one for treatment of lung cancers. Might be a good look.

Drug that can defeat cancer’s ‘Death Star’ available within weeks

A “revolutionary” lung cancer drug which stops tumours growing by targeting the so-called “Death Star” gene mutation will be available on the NHS within weeks, it has been announced.

news.yahoo.com

Amgen's Investigational KRAS G12C Inhibitor Sotorasib Demonstrated Rapid, Deep And Durable Responses In Previously Treated Patients With Advanced Non-Small Cell Lung Cancer

Amgen (NASDAQ: AMGN) today announced results from the Phase 2 cohort of the CodeBreaK 100 clinical study evaluating investigational sotorasib (AMG 510) in 126 patients with KRAS G12C-mutated advanced non-small cell lung cancer (NSCLC). The results will be presented during the Presidential...

finance.yahoo.com

 

[Turfie]

Just mind blown again. Why the float of GameStop on several reporting sites went haywire. Reddit post (NSFW- language)

This post rose to the #1 post across Reddit overnight.

This has to end soon. Another biggie is ComputerShare. ComputerShare is the selling agent of GME shares used by GameStop.

Individual investors can direct register their shares into ComputerShare. You have to talk to your broker and do paperwork to begin the transfer. And when your shares get directly registered with ComputerShare then these shares are tough to sell. It takes weeks.

Individual investors are doing this at a massive scale. Many are only putting half their amount of shares into ComputerShare that they never intend to sell.

There is now reasonable belief that more than 30 million shares are now in ComputerShare. Brokerages are trying to stop this ASAP.

What happens if the total shares registered by ComputerShare is greater than the total number of Outstanding shares?

It’s called an infinity pool.

 

[St. Geezy]

So they can now legally hide their swap info. Crazy. This comes just a couple of weeks after the Reddit groups figured out how they were manipulating the markets with swaps.

Obviously Citadel is included in the exempt list.

My understanding here is that they can hide it, but they still have to execute the procedure, hence why we are seeing AMC/GME run again these past couple of weeks and likely into this week (T-2 settlement).

This new policy just allows the banks/dealers plausible deniability, but I (and the people I got this from) could be wrong.

Haven't been on the thread lately and can't remember if I brought it up, but are you familiar with the Youtuber Astro's fractal theory? The same patterns are playing out repeatedly on these stocks, and this movement was predictable. Just parabolic arc after parabolic arc, which each one coinciding with futures swap deadlines.

AMC and GME are on the same pattern, and BB seems to be on a mini-version of it as well.