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Going to be a difficult day for them looking for real shares. Could be very painful. Keep looking Kenny.
Financial Times
Looks like things are heating up. The connection between big banks and hedge funds on block trades and derivatives. But we know the DOJ is looking into this already.
Hong Kong investigates block and derivatives trading after Archegos collapse
Sonic you are correct plenty of synthetic flying around the market and into retail investors accounts. I can’t wait for the day to come when the head of the SEC is sitting in front of a Senate sub committee and the number of FTD’S are brought up. The question that comes up……..
Why was this ignored for so long can you explain this?
This is evidence of naked shorting which is illegal, why did you do nothing or did you investigate small hedge funds to divert attention away from the bigger problem. The number of FTD’S and no action was take, no investigation, please explain this.
This day will come when this whole thing blows up and it will just like the days of Bernie Madoff.
Fails to Deliver is blatant evidence, hard to ignore unless your stupid or your willing to put your neck on the line.
Option trap week.
Hedge funds looking for money and shares.
Let’s see how tomorrow plays out but Friday is going to be interesting as Hedge funds are desperate to make money since most liquidity has dried up.
Option trap is a given.
Slow climb up is not going to help Citadel and the other market makers. Still need about 85 million shares
Keep going up it’s going to be a long time until you find the shares you need for the Russ 1000.
This is going to hurt shorty.
The 4:00am to 9:00am ping pong is a joke trading shares back a forth for 5 hours with almost no movement and no real shares available. Costs move to run the computers and pay people. They need real shares!!!
Taking the stock price down is not going to work with millions of shares that need to be bought for the Russ. 1000 will only make thing worse for market makers. Let algorithm’s figure that one out. The only way they are going to find real shares is to move the price up so the impatient sell. But we will see.
Russia is hours away from its first foreign Default in a century.
Bloomberg) -- After months of teetering on the edge of default, Russia is now just hours away from a dramatic moment in the financial battle that the US and others have waged against the Kremlin over its invasion of Ukraine.
A grace period on about $100 million of missed bond payments -- blocked because of wide-ranging sanctions -- ends on Sunday night. There won’t be an official declaration, and Russia is already disputing the designation, but if investors don’t have their money by the deadline, there will be an “event of default” on Monday morning, according to the bond documents.
It’s largely a symbolic development for now, given that Russia is already an economic, financial and political outcast across most of the world. But it showcases how the US, Europe and others have tightened the screws since the invasion started in February to make it all-but impossible for Russia to conduct what would otherwise be normal financial business.
For Russia, it will mark its first foreign default since the Bolshevik repudiation of Czarist-era debts in 1918. The country tipped very near to such a moment earlier this year, but managed a last-ditch escape by switching payment methods. That alternative avenue was subsequently shut off in May -- just days before the $100 million was due -- when the US closed a sanctions loophole that had allowed American investors to receive sovereign bond payments.
Top Gun: Maverick' Joins Billion-Dollar Box Office Club in a First for Tom Cruise
Russ 1000 block orders. I posted the other day… What are they going to buy synthetics. No way. Block orders have to be covered with no shares available. I told you so Kenny.
YOU HAVE TO BE F ING KIDDING ME!!!!!!!
How is that conversation going to go. Hey Vald this Kenny what the hell is going on over at Robinhood. I hear Robinhood might go bankrupt. Don’t you know we are having a major liquidity issue going on? Sorry Kenny there is nothing I can do people are transferring there accounts left and right. Ok Vald how many real shares in all the accounts do you have to come up with? Gees Vald don’t you know this will probably push the price. Sorry Kenny?
Oh that’s right they don’t talk…. lol
Well let see if Robinhood is going to go belly up and the remaining people who still have accounts decide to transfer out old Robinhood is going to have to find real shares before the transfer settles. Looks like we will be moving up. Unless the big boys want to borrow more shares to short and push the borrowed total well over 200.
Getting interesting. I will hold on until the end to see this one out.
Of course Riley is going to say they lowered there price target, they are being held hostage in there own stock with hedge funds holding an 18.91% of B. Riley Financial's shares are currently sold short. Of course they are going to do as they are told….. dirty game.
Downgrade that is too funny. You have a group sell down. You sell I sell. You sell I sell. When the truth comes out people will be going to jail. Stock manipulation, collusion. People always talk and rat each other out. Just a matter of time. The last part of the Bernie Madoff scam.
Not leaving will be here until the end. Buying and holding!!!
MasterBlastr we all know that Bitcoin sold off because more liquidity was needed by hedge fund. When you double down your short position and it doesn’t pay off that is the end result.
Doubling down on a short position that doesn’t work or pay off is pure insanity. No government bail out coming. Just insanity by hedge funds.
As Albert Einstein said “Insanity is doing the same thing over and over again and expecting different results.”
Good luck Kenny you are so wrong on this one.
The SEC. Now I understand why the SEC can’t help the retail investor. They are way to busy!!!!
Bitcoin crashing and margin calls. You can’t make this up. Things are starting to get real ugly.
Bitcoin moving down 1200 points is the hedge funds pulling out more liquidity. Hedge funds are in trouble. Incoming Gama squeeze next week, things are starting to heat up for AMC. This is about to get real for AMC share holders. Congrats to those who have held. We will see a move up next week.
ALDRADJKD12
Can you say Racketeering.
Your not right!!! The synthetics are huge and everyone knows it including the media. Liz Clayman wanted to say it but couldn’t bring herself to ask or say it yesterday. She could only comment on the ridiculously low share price. AA wouldn’t comment on synthetics so you got the politically correct standard answer, we have no indication of synthetic shares Liz because we don’t want any legal action taken against us. So Liz we will wait until all hedge funds bleed out. The ridiculous manipulation through dark pools and price manipulation over the last 19 months can only mean one thing. If it sells like a synthetic and it looks like it’s synthetics it’s a synthetic.
No worries Kenny AMC is turning the corner and will be cash flow positive vey soon and that is really going to hurt the hedge funds going forward.
Time is on our side.
Can’t wait until we reach some ridiculous number of shares out on loan, not that 195 million isn’t a stupid number. Just wait until we are well above 200 that will be difficult to explain and the reasoning behind it. The debt thing is not going to work much longer as we move toward cash flow positive. It’s stupid reasoning now anyway with blockbuster after blockbuster coming out and the cash rolling in. Companies carrying debt look at AT&T Kenny’s company. Verizon, Comcast Walmart just to name a few.
Time is running out for shorts and the reason behind there shorting doesn’t hold water. Speaking of time…. Tic Toc these hedge fund pigs are bleeding out slowly. Time is on our side…..yes it is.
Kenny how was that 30 million share recall. Pucker up. If the lender is asking for there shares back there will be more. Boneheads on wallstreet follow one another. Going from 191 million to 159 million is one of two things cost to borrow is to high or second share recall, lender wants the shares back. Well let me see I am going to go with the second choice. Pucker up Kenny. Oh boy next couple of days will be a tightening of the spinster muscle.
Bank of America!!
More downside is coming but they don’t want you to know. Bank of America is holding a large short position in AMC and this will impact the share price as they will have to cover at some point.
With Evergande liquidity ending on the 16th.
Interest rates climbing and an increase in basis points coming.
But we will see won’t we!!!
Painfulful week for Hedgefunds!!!!
Going to be every Hedge fund for themselves to stay alive.
They are not going to have your back(Griffin and Cifu)
Evergrande ends on the 16th
Increase in basis points.
Fails to deliver
Margin calls
More Hedge funds closing up
Wait until this is uncovered as time goes on!!!!
Came out 30 minutes ago!
Talk about creating a false narrative!!
US unions accuse hedge funds of misinformation campaign to beat finance rules.
Read the full article on the Financial Times thread.
FTD settled that is a joke. Wait until the numbers come out this week. The game is over and retail knows the game. Citadel is playing desperation games, pushing up shittt box I mean Red Box with the hopes that AMC investors will swing over to Red Box to only pull the carpet , just like they do every week on call options.
Investigations are moving along and more will be uncovered in the next two weeks. Time is ticking down and is very costly, running out of chess moves and Griffins payoff are not going to last because you can’t play both sides of the fence. Paying both Dems and Rep will only end in disaster and the talk is already there. They have finally figured out what is going on jamming all the money into the Cayman Islands. Tic Toc.
Bloody Monday!!!!
Margin Calls have arrived. Things are only going to get worse for the hedge funds. This week is going to be very ugly for many as the list grows bigger. We will definitely see more hedge funds go belly up.
On a side note saw Top Gun last night, movie was great and the theater was packed. I guess people just don’t want to stay home and watch Netflix. Someone needs to explain that to C Gasperino.
Highlandernew that is exactly what I was saying.
IF YOU BUY CALLS YOU ARE KEEPING GRIFFIN IN BUSINESS.
I have a buddy who works on Wall Street and he said the same thing just adding fuel to the fire buy buying call options to only have the carpet pulled out as we close out the week.
Be smart buy shares and hold.
Buying and holding……..can’t wait to see the fails to deliver info on Wednesday or Thursday.
As Cifu says we supply shares even if they are not available…….. What a joke.
Option Greed trap. I agree all those playing options weekly are just fueling Citadel’s life line. Just giving the hedge funds one more day. Data shows Apes are getting smarter as option play has decreased 70 percent. We need to add 30 percent to that 70 percent so we can take away that option of them staying alive. Buy shares not options.
Buy and hold. They need to feel more pain!!!
Ex Citadel employee going to jail. Blotnick received 51 months. I guess he is an ex employee since Kenny probably knew he was going away. Just speculation but still not good news for Citadel and there reputation.
SEC to Ban All Dark Pools for 14 days.
The latest discussion.
When I see I I will believe it.
AMC + GME Short interest
Did CNBC Joe Kernan really say it publicly? The two companies AMC and GME both have the highest short interest.
Mean while Kenny’s boy Andrew is skipping over that and going on about PFOF Kenny’s skimming system. No worries in time PFOF is going to go away. GG is talking about an auction system of bidding to replace PFOF. Is GG trying to re-establish some credibility that he shoveled into the garbage after that disgrace of a commercial.
This is what they want you to think!!!!
Come on Baby short it some more!!!
Not leaving just buying more. Here until the end Kenny.
Analysis - Short Circle GameStop and AMC sensing retail fatigue………..really now. Somebody is nervous.
NEW YORK (Reuters) - Bearish investors are ramping up bets against meme stocks GameStop Corp and AMC Entertainment Holdings Inc, spotlighting how short sellers have grown bolder during a broader market selloff that has pummeled risky post-pandemic favorites once beloved by retail traders.
Overall short interest as a percentage of the company's float stood at 24% for GameStop and 22% for AMC, near their highest levels in a year, according to data from S3 Partners.
"Retail investors are at a point now where they are just sitting on the sidelines and they’ve lost money in many cases," said Randy Frederick, managing director of trading and derivatives at the Schwab Center for Financial Research.
At the same time, "institutional investors don’t have the luxury of sitting on sidelines and they are much more comfortable going short so they are becoming the more dominant player in the market," he said.
The meme stock craze erupted in early 2021, when an army of individual investors piled in to shares of GameStop, AMC and other once-unfashionable companies, contributing to eye-popping rallies in their shares and forcing hedge funds to unwind their bearish bets against them - sometimes after sustaining considerable losses.
More recently, retail traders' speculative fervor appears to have cooled amid a broader market selloff fueled by worries over a hawkish Federal Reserve. The S&P 500 is down 13.5% year-to-date after approaching the cusp of a bear market last month, while GameStop and AMC are down 13.7% and 56%, respectively.
Retail investors have been net sellers of single stocks for the last eight weeks, said Peng Cheng, head of big data and AI strategies at JPMorgan.
Flows tracked by Goldman Sachs, meanwhile, showed that retail investors had sold most of their U.S. equity purchases from the last two years, analysts at the bank said in a note last week.
“Most of these bubbles start to slowly revert to fundamentals as professional investors regained confidence and bet against them,” said Giacomo Pierantoni, head of data at Vanda Research, which tracks retail buying.
Of course, GameStop and AMC shares have been known to mount unexpected rallies that have badly hurt short sellers, making betting against them a white-knuckled affair.
GameStop shares, for instance, more than doubled in price earlier this year, though they have since pared those gains. Retail investors still appear willing to step in during sharp market declines in an effort to buy shares on the cheap and poured a net $2.8 billion into the market in the week that ended June 1, JPMorgan data showed.
That should give hedge fund managers pause before shorting meme stocks aggressively, said Charles Lemonides, head of hedge fund ValueWorks LLC.
"There's been too much confidence among the shorts that these businesses are completely failed," he said.
Shares of GameStop are down 63% from the record closing high of $347.51 they reached in January 2021. The company beat revenue estimates and reported a loss of $2.08 per share when it reported quarterly results on June 1.
AMC's shares, meanwhile, are down nearly 81% from the record $62.55 level where they closed in June 2021. The company also beat revenue and earnings expectations when it delivered quarterly results in May, though it remains unprofitable.
Rising short interest in AMC is occurring at a time when the company’s fundamentals are improving, said Alicia Reese, an analyst at Wedbush Securities Inc.
After less than two weeks on screen, "Top Gun: Maverick" has pulled in $291 million in North America, leading some box office analysts to predict that it could generate more than $1 billion in ticket sales and help bring consumers back into theaters.
Still, AMC trades at about three times her firm's price target of $4, Reese said.
"As an industry play, it doesn’t seem like it's a great time to short," she said. Instead, bets against the company "reflect that institutional investors think that the retail shareholders are experiencing fatigue here."
(Reporting by David Randall and John McCrank in New York; Editing by Ira Iosebashvili and Matthew Lewis)
I agree stupid math about what it could go to. When the stock runs it’s all about supply and demand and the shorts covering and potentially closing out there short position if the shares are available.
Want to talk about stupid number well here they are.
516,000,000 million shares and 181,000,000 are out on loan. This is growing everyday and it will get to a point that even the media will be embarrassed.
Bio holding and buy here. Why because it cost us nothing to hold. Don’t care how long it takes, years, months or days. They put themselves in this position trying to beat up on the weaker company during the plandemic. I watched them take down companies like Sear, Toys R Us, and many others. Not this time, we saved AMC and they are turning the corner. In a couple of weeks we will hear how Netflix will be putting there movies in AMC theaters. The same company that was going to put AMC under because of streaming….. what a joke. They have manipulated this stock to no end and what are they going to say when they get to 250 million shares on loan. Short it some more go ahead. I will be buying and holding.
Bosman
Todays update from Shitadel. AMC down .55 @ 3:00 on 29 million synthetics traded. Institutions upset as they can’t locate real shares. News update over 4 million shareholders holding until the end of time. Goldman, Citadel and news media wants everyone to believe it’s all over from AMC, GME and many others. Still have not covered or closed out there position. Now we have the SEC telling everyone not to buy meme stocks. The message couldn’t be more clear!!! They are scared of what is going to happen. Buying and holding!!!!
Highland I have to laugh media and these articles are laughable. I know of 5 new investors that just bought in today. The handwriting is on the wall.
The SEC is a laughable joke as well they have done nothing for investors who have been taken advantage of by the like of Citadel and many others lumping retail orders together an running them through the dark pool. Talk about a rigged system. It’s ok the corruption is there for everyone to see, even Lisa the former head of the SEC has called them out. Just buying and holding not leaving like millions of others. The SEC is not helping just dividing a nation. They are clearly on the side of money and not justice. It’s ok they will all get what they deserve in the end.
Jim Cramer and his options hold no water. The fact of the matter is Kenny and Shitadel are sweating it out because we are not going away. We are not selling and there desperation is very evident through the media. We are not leaving and will continue to see this out until the end. Buy and holding is the system to take them down. They can continue the corruption and the manipulation of the market but we are not leaving and we know the rigged game they are playing. Many of us know that the options market is like the shell game on the streets of New York, so now we just don’t play. We have time and time is what will erode these corrupt hedge funds. Buy and hold and we will win.