GME, AMC, EXPR, FOSL, NOK, and CVM

Healthcare jobs with pay you can see.
This forum made possible through the generous support of SDN members, donors, and sponsors. Thank you.
Members do not see this ad.
B5861A21-2E66-4858-B972-E865A0D0D446.jpeg
 
From WSB poster u/veryslump

“30 Seconds From Triggering Market Nuclear Bomb

I'm glad this place has quieted down enough for some actual DD written by a monkey with a keyboard and Adderall.

Disclaimer: I am that monkey. Let me explain to you what happened, play by play. I will give you illiterates who hate reading a spoiler up front:

__We were within approximately 30 seconds of triggering a nuclear bomb that would have blown up the market.__ Do I have your attention? Here goes:

1. ⁠Yesterday, new call option strike prices were added all the way up to $570. Do I have to go over gamma squeezes again? Really? We've been over this: when deep out-of-the-money call options start being gobbled up and the price starts moving towards being in-the-money, the call writers have to hedge their risk of having their sold calls exercised, typically by buying stock. This creates upwards pressure on the market. We've been seeing these movements all week.
2. ⁠Yesterday after market, you probably saw that coordinated effort to drive the price down and spook retail investors into a mass sell-off. It didn't work.
3. ⁠Last night, Robinhood sent out a message to users: you could no longer enter into new options. You could exercise them if you had the collateral (money in the account) to do so. Very interesting and the first sign of pants-****ting fear.
4. ⁠Today, the market opened very strong. It opened so strong that we were looking at a self-perpetuating gamma squeeze all the way up way past $570.
5. ⁠At approximately 9:58 am, the stock had reached $468 in a parabolic move.
6. ⁠Two minutes earlier, at 9:56 am, Robinhood tweeted that they were not allowing users to buy GME stock, but they would allow selling.
7. ⁠The trend instantly halted and started a collapse downwards, before picking up a bit, especially after some retail was allowed back in.

Okay, now that you are clear on the facts, understand this: The market ran out of liquidity today, or was threatening to get close enough that they killed it. What does that mean? It means they ran out of shares and/or capital. They wouldn't let you buy new shares because we were burning through all the shares on the market.

__I saw an unsubstantiated post from a user ([u/zshub](https://www.reddit.com/r/wallstreetbets/comments/l7bpf5/30_seconds_from_triggering_market_nuclear_bomb/gl5vgof/?utm_source=share&utm_medium=ios_app&utm_name=iossmf&context=3)) who said a market sell order executed at $2600 for him. Also, someone else for over [$5,000](https://www.reddit.com/r/wallstreetbets/comments/l7em07/coworker_had_a_limit_executed_of_a_little_over/?utm_source=share&utm_medium=ios_app&utm_name=iossmf) per share. Do you get the severity of the situation, if that's true?__ It means the buying was getting to the point where it was just about to put INFINITE pressure on the price of the shares. It means virtually any ask was getting bid.

How do you get infinite upwards pressure? A gamma squeeze triggering the mother of all short squeezes, just like we predicted. The call writers need shares to hedge. Retail is still buying more. The short sellers need over 100% of the float back. Add these together. There were more shares needed than existed on the open market. That's what a liquidity crisis is.

[Listen to this ](https://youtu.be/7RH4XKP55fM)to this remarkable (if infuriating) interview where the chairman of Interactive Brokers admits that they didn't have the capital to pay out the winners (us), so they took their ball and went home. DO YOU GRASP HOW INSANE IT IS THAT HE SAID THEY NEEDED TO SHUT DOWN BUY ORDERS TO "PROTECT THE MARKET"? Hello! He's not talking about the market for GME shares. He's talking about the entire market! The New York Stock Exchange. The NASDAQ. All that.

Remember the movie Snowpiercer? Do you remember that scene where the lower class people realize the soldiers who oppress them have no bullets? Go to the 1:00 minute mark of this link:

It kick starts a full blown rebellion. They have no bullets. It's the exact same in this market: No capital. No shares. Infinite losses inbound.

__TL;DR: For all you who will just skip to the bottom to ask, "Do I get my tendies now?" the answer is this: they NEED NEED NEED your shares. Do you get that? HOLD. Like the guy in the movie, scream, "They're out of bullets!" and create a stampede. That's how we win.__

They needed your shares so badly that they literally risked PRISON TIME to get them. They tried robbing you, and I'm not even exaggerating. They were within 30 seconds of all being wiped out today.

Credit: u/PlayFree_Bird”
 
short ladder attack going on. blatant (the blatantest) market manipulation. Citadel probably considers robinhood a write off at this point - creating a scapegoat. Curtain pulled back on the rigged system in a big way. Pretty breath-taking to see even though we all knew it was going on
 
T-burglar said:
short ladder attack going on. blatant (the blatantest) market manipulation. Citadel probably considers robinhood a write off at this point - creating a scapegoat. Curtain pulled back on the rigged system in a big way. Pretty breath-taking to see even though we all knew it was going on
Click to expand...

Yes. Short ladder attack.
They sold out the market earlier to raise cash, I wonder if they are shorting more shorts. Maybe Also hoping jt would cause a margin call for some people on RH. If Ken Griffin thinks he can get away with this hr won't. I want him penniless and jn Prison for life.
 
If you're HODLing out of spite keep doing it. The total transaction volume on GME is way down but compared to earlier this week, but somehow the price is dropping? Naked market manipulation. Short ladder attack. The GME price drop isn't caused by retailers selling off. Keep HODLing, **** these capitalist parasites
 
coffeebythelake said:
Yes. Short ladder attack.
They sold out the market earlier to raise cash, I wonder if they are shorting more shorts. Maybe Also hoping jt would cause a margin call for some people on RH. If Ken Griffin thinks he can get away with this hr won't. I want him penniless and jn Prison for life.
Click to expand...
I hope the whole thing burns. Then gulag everyone on wall street and force them to make low income housing by hard labor.
 
T-burglar said:
If you're HODLing out of spite keep doing it. The total transaction volume on GME is way down but compared to earlier this week, but somehow the price is dropping? Naked market manipulation. Short ladder attack. The GME price drop isn't caused by retailers selling off. Keep HODLing, **** these capitalist parasites
Click to expand...
Didn't realize that there were a lot of socialist day traders.
 
mdawarre said:
you hitting up amc at all?

also:
www.wsj.com

BlackBerry, AMC and Other Reddit YOLO Favorites That Aren’t GameStop

A frenzy from online traders is sending shares of some unlikely companies soaring.
www.wsj.com www.wsj.com

god i'm tempted to spread some cash around these. am i at the top of the bubble, i don't know.
Click to expand...
Nah my balls aren’t that big. My gut tells me gme has the highest chance of getting squozed, so I’ll put all all my eggs in one basket, in anticipation of holding for a while. I still have to account for some 1099 taxes so whatever hahah.
 
chocomorsel said:
I guess people are scared their shares will be used without their authorization and Fidelity only lets you go up by 50% market value.
Click to expand...
abolt18 said:
Or they're big fans of marijuana.
Click to expand...
Yes it's all about the memes. Notice the large quantities at $420 and $420.69. Do you remember what Elon Musk changed the price of the Tesla Model S to? $69,420. What about the Team Trees fundraiser started by Mr. Beast and Mark Rober? PewDiePie donated 69,420 trees.
 
nimbus said:
Updated daily.

www.isthesqueezesquoze.com

is the squeeze squoze yet?

no
www.isthesqueezesquoze.com www.isthesqueezesquoze.com
Click to expand...
This is fascinating. The game of chicken being played vs the superpower holding all the cheat codes. Can we really expect everyone to hold? The institutional investors are going to align so many tools and tricks in the coming week that it’s going to stress the millions of retail investors nerves. Once they crack and start to sell it’s going to drop very quickly.

But I love this guys style
 
Robotic Wis-Hipple said:
This is fascinating. The game of chicken being played vs the superpower holding all the cheat codes. Can we really expect everyone to hold? The institutional investors are going to align so many tools and tricks in the coming week that it’s going to stress the millions of retail investors nerves. Once they crack and start to sell it’s going to drop very quickly.

But I love this guys style
Click to expand...
A couple grand is a small price to pay to f*ck these dinguses. Hodl!
 
Robotic Wis-Hipple said:
This is fascinating. The game of chicken being played vs the superpower holding all the cheat codes. Can we really expect everyone to hold? The institutional investors are going to align so many tools and tricks in the coming week that it’s going to stress the millions of retail investors nerves. Once they crack and start to sell it’s going to drop very quickly.

But I love this guys style
Click to expand...
Point is - keep an eye on short interest. The problem is - how do you get up to date numbers on short interest?
 
The RH user agreement clearly states they can prevent you from trading at any time, for any reason they see fit. I wonder if that will hold up in court?
 
I started this thread asking the question - how can shares be 140% short?

Here is pretty good explanation - but it leaves me with questions.

"There is no special limit on shorting at 100% of shares outstanding! Here is an explanation of how options market makers (discussed below) are allowed to short without a locate, but I want to offer an even simpler explanation. There are 100 shares. A owns 90 of them, B owns 10. A lends her 90 shares to C, who shorts them all to D. Now A owns 90 shares, B owns 10 and D owns 90—there are 100 shares outstanding, but190 shares show up on ownership lists. (The accounts balance because C owes 90 shares to A, giving C, in a sense, negative 90 shares.) Short interest is 90 shares out of 100 outstanding. Now D lends her 90 shares to E, who shorts them all to F. Now A owns 90, B 10, D 90 and F 90, for a total of 280 shares. Short interest is 180 shares out of 100 outstanding. No problem! No big deal! You can just keep re-borrowing the shares. F can lend them to G! It's fine."

So my question with the scenario above - how is it that multiple people can own the same share? If I sell a share short to you, then you loan it to someone else and to sell it short - two people own the same share.
 


Leon Cooperman - Wikipedia

en.m.wikipedia.org en.m.wikipedia.org

Leon G. Cooperman
BornApril 25, 1943(age 77)
New York City, U.S.
Alma materHunter College
Columbia University
OccupationInvestor, hedge fund manager, and philanthropist
Known forStarting Goldman Sachs's asset management arm
Founding and leading Omega Advisors
Net worthUS$3.2 billion (July 2020)[1]
Spouse(s)Toby Cooperman
Children2
Websitehttps://www.omegaadvisors.com
In September 2016 the U.S. Securities and Exchange Commission charged Cooperman and Omega Advisors with insider trading, more specifically for "trading stocks, bonds and call optionsof Atlas Pipeline Partners in July 2010 on information he obtained from an executive at the company."[2]Cooperman's firm agreed to a $4.9 million settlement with the SEC in May 2017 but admitted no wrong-doing.[3] As part of the settlement, Cooperman and Omega agreed to be subject to compliance monitor with access to their electronic communications and trading records and to submit monthly certifications that they had not engaged in insider trading until 2022.[4]


Poor guy has to wait until 2022 before he can resume insider trading.
 
Last edited:
I understand that retailer investors want to hold as long as they can. What about the institutional investors? The majority of the GME stocks are held by big mutual funds. Fidelity 9.5m, Blackstone 8.6m, vanguard 5.3m etc. Sure these long position holders want more $$$. But they understand that GME going to the moon is not a good idea. SEC is probably working under the table for a solution. The short positions do not expire at the same time. so >100% short does not matter. As long as big funds release enough shares to move the momentum, game stops.

So far the shorts lost 20b; 16b went to the big funds.
 
Last edited:
narcotics999 said:
I understand that retailer investors want to hold as long as they can. What about the institutional investors? The majority of the GME stocks are held by big mutual funds. Fidelity 9.5m, Blackstone 8.6m, vanguard 5.3m etc. Sure these long position holders want more $$$. But they understand that GME going to the moon is not a good idea. SEC is probably working under the table for a solution. The short positions do not expire at the same time. so >100% short does not matter. As long as big funds release enough shares to move the momentum, game stops.

So far the shorts lost 20b; 16b went to the big funds.
Click to expand...

The outrage of millions of retail investors is seething. Thry want to see thr hedge funds burn to the ground. What do u think will happen if a large whale holder of GME decides to liquidate their position rapidly to tank prices? I think thry want to remain on the right side of what's going on. A few billion in gains vs. Being hated and ridiculed for years to come.. remember many retail investors who own GME also use fidelity and Vanguard. Not the same w hedge funds. Public perception of fidelity, Vanguard, is a large part of their success.
 
nimbus said:


Leon Cooperman - Wikipedia

en.m.wikipedia.org en.m.wikipedia.org

Leon G. Cooperman
BornApril 25, 1943(age 77)
New York City, U.S.
Alma materHunter College
Columbia University
OccupationInvestor, hedge fund manager, and philanthropist
Known forStarting Goldman Sachs's asset management arm
Founding and leading Omega Advisors
Net worthUS$3.2 billion (July 2020)[1]
Spouse(s)Toby Cooperman
Children2
Websitehttps://www.omegaadvisors.com
In September 2016 the U.S. Securities and Exchange Commission charged Cooperman and Omega Advisors with insider trading, more specifically for "trading stocks, bonds and call optionsof Atlas Pipeline Partners in July 2010 on information he obtained from an executive at the company."[2]Cooperman's firm agreed to a $4.9 million settlement with the SEC in May 2017 but admitted no wrong-doing.[3] As part of the settlement, Cooperman and Omega agreed to be subject to compliance monitor with access to their electronic communications and trading records and to submit monthly certifications that they had not engaged in insider trading until 2022.[4]


Poor guy has to wait until 2022 before he can resume insider trading.
Click to expand...


**** thrm
 
So friday was relatively uneventful compared to events from earlier this week.

- DVF outted himself on an interview with WSJ. He is just a regular guy from Massachusetts with deep insight into market action. There is nothing to suggest insider knowledge or a conspiracy. He got ahead of any misinformation or fake news that might be thrown out there by the hedge funds. He has also become the face of this movement.

- The narrative is changing. This isn't about money for retail investors. People are angry and the shady stuff they did this week have galvanized things more. This has become like a story of David and Goliath. Millions of small retail investors fighting the massive hedge funds. It is common man vs elitist douchebags. This has gone global. People from Europe, Asia, Australia are all getting involved. It seems like some large activist investors have also jumped on the mission. I'm sure some whale institutional investors have also seen the potential upside and might have gone in as well.

- Some short ladder attacks did take place, but with a more balanced playing field compared to Thursday these dips were minor and bought up quickly. Hedge fund stocks traded were bought up by diamond hands. Paper hands who bowed out was bought up by diamond hands. The momentum only gets stronger.

- I think the reason why $GME hasn't gone the classic short squeeze pattern yet is because the short positions are owned by only a few massive hedge funds. Citadel being one of them. The classic short squeeze happens when they clambering over each other to get out of their short positions. If anything these hedge funds are doubling down, spreading misinformation on social media and news, and continuing with their hedge fund strategy of a slow burn 🔥 hoping that retail investor interest will go down over time. This is a war of attrition. They are bleeding out every day to maintain their short position. They will continue bleeding as long as we continue our current path.

As of latest data more than 100% $GME remain shorted. As someone said on WSB, "we can be re-tarded longer than they can remain solvent."

Just know that WALL STREET has everything on the line here. You get to watch this and take part in it for the price of a $GME share.

This whole week has been fascinating. Absolutely fascinating.

Risks:
1. SEC might get involved and halt trading (possible but i think unlikely). Plenty of politicians have commented on this, supporting free market and backing the retail investors.
2. A whale owning $GME will liquidate their position after backroom talks with these hedge funds, tanking prices and driving down momentum. I think also less likely given all eyes on the situation. I've already opined why Blackrock, Vanguard and Fidelity probably won't want to do this. The people who use their financial services are regular people who also own $GME. I think they would rather miss out on a few billion dollars compared to all the negative sentiment for years to come.
3. Hedge funds continue with more shenanigans including shorting their shorts/more short ladder attacks, etc. They are desperate. Their shenanigans might get even more intense next week. They already know they've committed serious crimes so why not go all in?
4. Hedge funds declare that this might tank the entire market and ask for bailout (realistically thr most likely thing to occur. but hopefully not given the worldwide publicity of this and overall public sentiment).
5. Hacking and other activities to disrupt the momentum.

Prediction: while the hedge funds may try this slow burn strategy as long as possible, I'm hoping this will go parabolic by next week as their short positions becomes completely untenable. I think part of this slow burn strategy involves keeping prices around $320 for the first few days next week "setting a new expectation" that prices won't go as high and that investors will be willing to take a smaller gain when it does go parabolic. Every day, the momentum of retail investors grow. Every day, I think it becomes more and more clear to the hedge funds that they will fail. The fallout of this will be the complete collapse of these companies, congressional hearings, SEC revamping, major class action law suits, a big dip in the overall markets. I'm praying that some big wig wall street douchebags will go to prison for life penniless.


// my n00b opinion and analysis
 
Last edited:
secretasianman said:
hat big. My gut tells me gme has the highest chance of getting squozed, so I’ll put all all my eggs in one basket, in anticipation of holding for a while. I still have to account for some 1099 taxes so whatever hahah.
Click to expand...

Agree, given the short interest being over 100%, the massive public attention, and retail investor rallying on it.

epidural man said:
I love watching this. I have some (very small) skin in the game just to say I am part of it.

But it is a game of chicken. Let's see what happens.....
Click to expand...

Difference is, in this game of who blinks first
If the hedge funds blink they go completely bankrupt and hopefully prison
If you blink you lose a few thousand dollars (or maybe you made a smaller profit if you got in early)
i think its a fight worth fighting
 
The fact that major criminality has obviously occurred in broad daylight and nothing has been done about it yet by the government should tell you everything you need to know about this system we live in. These kinds of incidents will likely get worse and worse over the next 5 years.
 
nimbus said:


Leon Cooperman - Wikipedia

en.m.wikipedia.org en.m.wikipedia.org

Leon G. Cooperman
BornApril 25, 1943(age 77)
New York City, U.S.
Alma materHunter College
Columbia University
OccupationInvestor, hedge fund manager, and philanthropist
Known forStarting Goldman Sachs's asset management arm
Founding and leading Omega Advisors
Net worthUS$3.2 billion (July 2020)[1]
Spouse(s)Toby Cooperman
Children2
Websitehttps://www.omegaadvisors.com
In September 2016 the U.S. Securities and Exchange Commission charged Cooperman and Omega Advisors with insider trading, more specifically for "trading stocks, bonds and call optionsof Atlas Pipeline Partners in July 2010 on information he obtained from an executive at the company."[2]Cooperman's firm agreed to a $4.9 million settlement with the SEC in May 2017 but admitted no wrong-doing.[3] As part of the settlement, Cooperman and Omega agreed to be subject to compliance monitor with access to their electronic communications and trading records and to submit monthly certifications that they had not engaged in insider trading until 2022.[4]


Poor guy has to wait until 2022 before he can resume insider trading.
Click to expand...


These are the wallstreet douchebags that we want to burn
 
You must log in or register to reply here.

Similar threads

N
AMC Comparison (Envision, TeamHealth, NAPA, USAP, etc)
Replies
15
Views
3K
aneftp
A
S
AOA and Anesthesia
Replies
4
Views
1K
Sugammadank
Sugammadank
uoflmed2019
ICU and CT fellowships
Replies
8
Views
1K
vector2
V
DrOwnage
Would you: Take a pay cut so you don’t work for AMC/pay cut to do your own cases solo?
2
Replies
60
Views
5K
sloh
S
Dawkter
Safety Net Hospitals and the GOP Bill
Replies
44
Views
3K
GassYous
GassYous
Top