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I watched twice, I see nothing to indicate Adam is going to go and do anything stupid, I actually feel stupid for voting against something that the CEO wants, clearly he knows the company better than I.
https://marketchameleon.com/Overview/AMC/VwapTable/TradingHours
CEO going on CNBC while options are expiring was stupid
https://marketchameleon.com/Overview/AMC/VwapTable/TradingHours
I believe Adam knows the Apes are winning, he wants some shares to sell when we past the moon, but before we get to Mars. If he sells enough shares, I see a board meeting where they declare a stock dividend, when they PR that info, we'll bypass Mars.
No CEO likes their shares shorted, NONE. Sorry, Adam, I voted no!
https://marketchameleon.com/Overview/AMC/VwapTable/TradingHours
CNBC is playing dirty because there's several You Tube Channels with better information then CNBC provides, CNBC's rating are crashing, to boot.
https://marketchameleon.com/Overview/AMC/VwapTable/TradingHours
I agree, there's a lot more swimming going on today in that pool, the Apes need to drain that pool!
https://marketchameleon.com/Overview/AMC/VwapTable/TradingHours
Lot of folks taking a dip in that pool today without their suits on!
Neb, that indeed is an interesting site
AMC Dark Pool Trades Dark pool trades reported for AMC have accounted for 53% of the total volume today. Over the past 20 days, the average dark pool volume has been 54%. Total volume in the dark pool is 12.7 million. The VWAP price for only the dark pool trades is 10.20.
So, they are still adding to this Dark Pool, is this the Pool where all good Hedges go to drown?
https://marketchameleon.com/Overview/AMC/VwapTable/TradingHours
Archegos's Collapse Is a Wakeup Call for Regulators -- Heard on the Street
6:08 am ET March 31, 2021 (Dow Jones) Print
By Rochelle Toplensky and Telis Demos
The big damage from Archegos's collapse seems to have been limited to Credit Suisse and Nomura. But that doesn't mean all is well in the financial system.
As the dust settles on the fund's implosion, the impact is becoming clearer. Credit Suisse and Nomura were slow to sell shares, costing them dearly relative to early movers Goldman Sachs, Morgan Stanley and Deutsche Bank. The anticipated losses are enough to cause Credit Suisse and Nomura serious pain, but not to threaten their solvency.
The Swiss bank had a core capital buffer of 12.9% at year-end. If the Archegos hit is $4 billion, that ratio could fall by roughly 1 percentage point to well below the 12.5% minimum targeted by the lender, according to brokerage Berenberg. Shareholders can expect a suspension of its share buyback program at the least. A more cautious approach to risk management could trim growth prospects for revenue and profit.
On first reading the story appears to offer a fairly clear endorsement of tighter banking regulation since the 2008 banking crisis, which has probably saved Credit Suisse and Nomura from deeper harm. But there is a wrinkle: Some of the roots of the Archegos blowup also can be traced back to postcrisis regulation.
Tougher rules have pushed riskier activities into parts of the banking world where there is less oversight and far less disclosure. Archegos's family office structure, whereby it undertook to invest its own money rather than acting for clients, allowed it to keep its hedge fund-like activities relatively private.
Tighter rules have also forced lenders to hold more capital, a heavy weight on profitability even as it protects them from collapse. Providing lucrative services to hedge funds is one way to boost their returns. Only a few lenders with big balance sheets can now afford to offer it, concentrating the risk in a few systemically important institutions.
Low interest rates are another protagonist in this saga. They have pushed investors and lenders to take more risk in search of returns. Archegos was extremely leveraged: Initial reports suggest it had $30 billion of exposure backed by its $10 billion.
Most measures suggest hedge-fund leverage overall is fairly high right now, albeit not at historical peaks. Leverage dropped sharply as the pandemic spread, though it has likely rebounded, according to the Federal Reserve's financial stability report. A proxy tracked by analysts at JPMorgan Chase shows levels now nearing their pre-2008 crisis high, but well below the early 2000s peak.
Still, history shows that one messy unwind can easily spread. The U.S. Office of Financial Research finds that the ten largest hedge funds were leveraged far more heavily than the next 40 largest funds, as of June. And many family offices may not be counted in these statistics at all, which mostly rely on disclosure forms they are able to avoid.
There are some obvious responses for regulators, such as mandating disclosure of the total return swaps that allowed Archegos to build big positions out of the public eye. But there are no easy answers to the wider challenge of overseeing leverage within the broadest financial complex when debt is almost free.
The system has held up under the latest strain, but this isn't a victory. Archegos means one who leads the way. Regulators must do what they can to ensure as few as possible follow.
Write to Rochelle Toplensky at rochelle.toplensky@wsj.com and Telis Demos at telis.demos@wsj.com
No, today should be a volume day, it's called window dressing, Mutual Funds sends out reports on what they own.
I see what you're saying, maybe we'll all own a few shares of the Mets!
Unfortunately, I believe they have layers of lawyers to make sure that Little Kenny doesn't lose his house in the Hamptons, nor the Mets. I hope we aren't left hanging, but after Judge Du, did me in, I've lost faith in the "system"
My Dear, that's what I've been saying, I'm afraid that Little Boy Kenny and his Den of Thieves at Citadel Investment Group, are currently working on bankruptcy plans, so that they can leave us hanging as well as all those Air Shares they sold.
IMO, something stinks or we'd have another Hedge Fund buying the byjesus out of AMC.
IMO, the Fed's are up chit's creek and they are doing what they are good at, Nothing.
They are wishfully waiting to see what happens, when it happens, they will do what they are really really good at, they will blame others.
Has anyone else been reading that guy's links: Wall Street On Parade, not sure how it's possible, yet it appears it's the old administrations fault that Gary Gensler isn't cleared to be the chair of the Securities and Exchange Commission (SEC)
I believe many would sell some of their shares, not all of their shares,
I also believe that some, wouldn't sell any of their shares.
When I first bought AMC, I bought 101 shares of AMC and 50 shares of GME to show support of the Anti Wall Streeters. I saw them camped out while going to Knicks games in NYC. I brought them a dozen donuts for hundreds of kids, they loved me!
I bought many more shares of AMC because I believe it's a good investment, as for GME, I have diamond hands on those shares!
I heard you the first time, I listened to you this time and I agree.
Big Balls Willy might think about shorting some of the banks, Small Balls Slim, bought some puts in CS, just 10 contracts, June 18 11 strike to be exact.
Credit Suisse shares are trading lower on continued weakness after the bank recently said it expects a 'highly significant' loss due to defaults by a US hedge fund.
GS Greed, once the chit hits the fan, you want out, but before you do, you tell your friends and families, then your job is to beat the other banks that are exposed, but me, first!
Check out the exit plan, 90 million shares traded on 3/25 should be seriously looked at by the SEC, seriously looked at!
https://finance.yahoo.com/quote/VIAC/history?p=VIAC
I believe it's more, much more. Citadel could take out not only the bailout banks, I think they could take out the WHOLE market. It wouldn't surprise me if this current sell off isn't trying to get both AMC and GME holders to sell their shares to cover their own margin issues.
I'm still very concerned with how do we get a squeeze when the Citadel just goes belly up, there would be no buying back shares. The shares they shorted with be in limbo.
What's your thoughts on that?
Bernard Ebbers, the former chief of WorldCom loaned Metricom 300 million dollars, which made me believe in MCOM's stock value, little did I know that Ebbers was a cheat and on his way to jail, just like the HF's that are shorting the chit out of AMC.
I highly doubt you've been around longer than I, but even if so, it's not to late to learn.
I don't know about that, what time of day was it when the US media group ViacomCBS crossed the wires?
There could be a ton of AMC buying going on right now and it won't cross the wire until end of trading today.
Neb, is there more call buying in comparison to actual share volume?
This may happen today
What makes you think they will wait until more options come into the money?
Major global banks could be hit with billions of dollars in losses after US investment firm Archegos Capital was forced to dump shares last week when it got into financial trouble.
CEO's of all banks involved are now having a hard time getting the bricks out of their colon. Lay man's terms, CEO's are chiting bricks!
Sorry, I should have said thanks
Perhaps it does, E-Trade is owned by JPM, so JPM would take a hit before it goes here:
SIPC insurance covers the custodial function of a brokerage firm as well as as protection against unauthorized trading or account theft. It provides up to $500,000 in total coverage per customer for lost or missing assets of cash and/or securities. It covers up to $250k of cash. It does not protect one against loss of security value for their own bad decision making.
Looks like retail that has more than 500K are not going to be made whole.
You have fuzzy math, if, I guess that's a big IF, another 500 shares do hit the market, there's two billion shares shorted, those air shares still count.
I sure hope you're right for once the Banks understand what you and I believe to be common knowledge, they'll act fast, or AMC will JUMP in price share causing one hell of a squeeze. That's exactly how the banks reacted when they liquidate positions, the Banks need to do the reverse with AMC, or they have to be Whale Buyers.
It appears that Archegos wasn't able to meet those demands, and its brokers began to liquidate its positions to recoup as much of the cash they had lent as possible. That took the form of the huge block sales late last week. ViacomCBS and Discovery stocks both dropped about 27% on Friday, while GSX tumbled nearly 42% and iQIYI lost 13%.
I know HF go belly up, then start up a new one a few years later. The question was, what happens to all the shares they shorted prior to going belly up, normally they sell shares they own, well they do not own what they shorted.
Two things, I wish you had Private Emailing for I believe you get it.
Secondly, for the sake of the market, one better hope Biden's 1.9 trillion finds it's way to this Exchange Stabilization Fund (ESF)
I'm sure all the insider selling news is confusing the market this am. This is not a good sign for sure.
I'm certain that No HF wants to go Bankrupt, but they have legal teams that are working on what's best for them. In the end, it's all about money. Does the HF that's short a billion shares of AMC go Bankrupt, rather than cover? If so, exactly what happens to all the shares they shorted?
Yes, I believe that the markets are confused today, I'm confused, too, for I have no idea what happens either. That's an out (going belly up) that has not been factored in on how they are going to buy back shorted AMC shares.
IMO, if it's cheaper for a company to go belly up, rather than buy back all the shares they shorted, they will go belly up.
No one is on the other side of these trades, Naked Shorts
Air Shares
Ponzi scheme
Why, Citadel is the MM.
You do know that Madoff was a market maker, while working as one, he came up with his massive Ponzi scheme. Tons of people knew about Madoff's scheme before the market turned and he was caught.
IMO, being exposed and doing something about it, well that's two different things.
I'll grant you that Senator Elizabeth Warren gets it, that was clear during the Dem's political debates; however, that doesn't mean that she'll be able to do anything about it. She lost.
I think Yellen found Warren to be a PIA, I do not believe anything is going to change. I'll use AMC's price action today for my proof.
"When the party is going strong, it's the job of the regulators to take away the punchbowl," Warren said. "My view on this is Congress gave you (Yellen) the tools to monitor the risk and it is important to use them."
This was the time for Yellen to say, they intend to, that wasn't said, nor IMO is it going to be done.
Kong Apes have to use real money, MM only have to sell air, Kong Apes only have so much money, MMers have an unlimited amount of air.
Kong APes get margin calls, Kong Apes are forced to sell.
Why next week, why the hell wasn't it last week? You know why, Citadel owns congress and the SEC. They aren't afraid of a bunch of Youtubers nor old lady Waters.
I do not think that the Chair of the House Financial Services Committee has a clue how important her job is, or she does and Congresswoman Maxine Waters is using her position to make a ton of money for herself by looking the other way while AMC's shares get shorted over and over again.
I believe we aren't apes, we are pawns to make the 1%ers richer.
IMO, about the only thing Old Lady Waters is concerned about is if you speak over your five minute limit. It's all a joke.
Old 101, damn I wish you were as fired up about the shorts that killed our INSG
Right, and vultures land on dying animals in hopes they can resuscitate them
IMO, Cohen isn't any more concerned than Diamond Hands Slim, when we see the moon or mars, plus what you're obviously not factoring in, a lot of folks are paying attention to what Cohen says, perhaps his legal department advised against revealing strategy as well as giving guidance. Furthermore, GME isn't the only company out there not giving guidance.
Diamond Hand Shareholders aren't selling, Old Slim might even buy another 50 Shares if my sweet Dear Prudence is correct and we see double digits.
IMO, they plan on selling those shares between the moon and mars, we'll see. Diamond Hands Slim might sell his around that time, too. If we don't see the moon, well then my kids will know that while I'm horrible playing games, I did play around with GME, but only 50 shares.
BillyRay, I know you know how I feel, they wouldn't even let me in the room, it's like the old Jim Crow came alive, I can listen later, but they wouldn't let me in the room!
Nor any guidance, perhaps they are setting someone up for a little squeeze, Old 50 Shares Slim doesn't care, he's got Diamond Hands.
I only own my 50 shares to show support to the good men and women that want to hurt the bad bad people that shorted this company's stock when this very bad virus came and shut down the country, malls and all.
I just can't imagine why someone would take advantage of others when they are hurt by something they can't control, it's worse then those nasty people selling a can of tuna fish for ten dollars after Katrina.