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I’m just waiting to hear citadel is out of business through bankruptcy. That’s gotta be coming.
Did he file?
Yeah right. Did he file? What happened to the .30 plus that was supposed to happen this week? And the Boca boys?
Nice break through of resistance. Should sail easy to .04. If it breaks that there’s not a lot of resistance to .05.
I’m out. I need the money. Good luck to all longs. If it pulls back I may get back in. It’s been a great ride.
Yes trips coming as in triple digits
That was a 16 million share dump earlier in like 20 seconds that dropped is from 33 to 31
Yeah but suddenly I’m able to sell short on fidelity it was forcing people to call to do that suddenly the option to just do it became available. That seems strange that after like nearly 3 weeks of lockout it suddenly becomes available. I’m not shorting buy noticed you could.
Where did this sudden availability of shares come from for shorting?
Dude of course the price is the same everywhere. If that wasn’t the case they’d arbitrage the shares versus the FX rate. It’s never off enough for that to be a viable option.
Im going to the movies tomorrow with my daughter. Everyone I know wants to go back to the movies
I told you at 10 it was going to 14 and that if it broke 14.50 it’s going to 20. When it pulled back from 20 I told you it had to test over 20 and it did. You said basically good luck with that to every statement. If you shoe or by outs your gonna lose money here so I suggest going long and ride this. It’s going to 40 Tuesday or Wednesday but probably Tuesday. Doesn’t matter what the fundamentals this is a technical okay and the short narrative has broken. They are completely in a no win situation and soon like this week the actual covering will start. It’s hasn’t started yet. There is a global coordination to launch this higher.
She’s running AH
Just think - we ended basically flat and they are further in the hole short by a lot
You are right I can tell by looking at the action that there was not only no covering but further shorting
If the count was done today it may not count what they did today because it might work off a settlement date view. If it’s a trade date view then it will catch today’s action.
The problem for the MM and HF is that their trading algorithms can’t handle this properly because it’s outside of the parameters of normal process. So the actual traders are on top of this with a lot of manual intervention - they must be sick to their stomachs because there’s really no good way out for them
600 million traded and they knocked it down from 35 - they must be even more short than ever. No other way to do it.
I’ve never seen anything like this and I don’t think I ever will again. Maybe Tuesday.
Bets on 30 close
I hope not a red dress. Your folks didn’t come through today but thanks for yesterday.
You make me laugh so hard. If you ever come to NYC let me know I’ll take you out on the town.
What happened to your boys?
Buy now going over 35
That was rumor of the week and I didn’t even hear about it. The stock will jump if it comes out. Without it it stays below .28 period. I would actually buy a little right now in low .20s but I can’t fidelity won’t let me.
You gotta be careful. They have tactics to suck people in.
Promoting the ETF is one thing they need to promote the stock.
That’s we buy lots of shares
Do we have a logo I’m going to have t shirts made.
Actually shorted shares can be more than the float if they just naked short and don’t bother doing locates. I thought that happened with GME.
This needs to break .022 then .025 then .035 those are the near term resistance levels
They will do everything conceivable to keep this below 30
They have to exercise then if you request it
So who is selling the stock? When you buy the MM are selling short to you generally so shorting must be going on
How has the short rate gone down during the day? This makes no sense.
Let me just tell you this is total and unadulterated bullshit. There is no way to prevent a squeeze. You would have to prevent the ability for people to buy the stock and that will never happen. If anything the regulations will hurt the hedge funds. Maybe he thought you were short?
There should be ape t shirts
Good news for us but if citadel and other funds have a systemic failure because of bad bets like this it could affect the market. That’s why shorting regulations need to be in place no enforced.
That’s because they sit there doing financial modeling using standard measurements and technicals. They didn’t realize the Apes are a monkey wrench thrown into that predicting machine.
It’s fake. It hasn’t changed all day. At least 40 percent of shares sold were short