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Sure…just like this well laid out video:
About 2 years ago AA realized something:
Wait for it….Al from Boston is decrypting AA tweets….seems like APE has a squeeze date.
I do believe movie theaters could cause violent movements in stonk prices…but only because of the fraudulent production of counterfeit shares.
Enuf said-
BB
Yep…it’s all about momentum (not fomo;)
Or is it the other way around?
BB
Agree. Not good for BlackRock and several others.
BB
I think he'll have no choice:
PS Fraud: 20220829|APE|2419067|283815|9595253|B,Q,Nhttps://t.co/XdO9PCTjmC@GaryGensler Why would anyone take a company public? Infinity liquidity with exempt counterfeiting, even with preferred computer shares. @DOJCrimDiv
— Jason Williams (@JrwilliWilliams) August 29, 2022
Thanks man. You convinced me to check with AMC investors relations regarding my APE count based on Computer Shares and not my brokers IOU system of accounting.
Best regards,
BB
Yep...guessing phase 6 has something to do with APE options chain pull, foreign brokers haven't gotten computer shares from DTCC yet...wink wink...
I think next week it will be entertaining to see how market makers unwind trades at blistering speeds we will know when this happens by viewing SPY volume. Don't forget to keep an eye on Citadel printing more counterfeit APE shares...you can track this by viewing the FINRA data on daily short sales here:
https://www.finra.org/finra-data/browse-catalog/short-sale-volume-data/daily-short-sale-volume-files
HODL ON
BB
Also I expect someone will be forced to buy at minimum 1.7 million shares of APE...the trade IMO will occur in the dark pool but I think AMC will have to 8-K the trade....just guessing....wink wink
Oh by the way….Phase 6 starts Thursday….
Market is confused about how Phase 6 is going to go down…uncertainty breeds market fear and fear makes tutes vulnerable.
Sharks are holding cash waiting for panic.
Have your AMC APE plan…brokers had their plan to create APE options chain blow up in their faces last week….what is their backup plan? Probably don’t have one so they have to consider pulling the buy buttons again. Closer we get to September 1st the more likely brokers will have to restrict AMC/APE buying…JMO
Have your final positions ready by end of day Monday IMO.
We ride at dawn Monday. (doesn’t mean MOASS MONDAY just means war starts at opening in pre-market tomorrow)
BB
Random youtube video answer….
Totally nonsense….how can Citadel counterfeit preferred APE units, they are Computer Shares AMC issued….right?!
BB
Interesting….you could also mention to AMC IR Citadel is printing counterfeit naked exempt short APE preferred stock units on brokers secondary books and that it’s unlikely DTCC delivered actual Computer Shares to brokers or Prime Broker are holding these Computer Shares in a separate accounting system while placing IOUs in customer accounts and actively are committing fraud against clients by hiding secondary accounting practices in collusion with market makers for the sole purpose of creating an illegal option chain……
Were’s the harm in creating a sham derivative market for APE? Well…it goes against the sole purpose and letter of law AMC filed in SEC documents….that being said Cboe was smert enough last week to cancel APE option chain but not before Citadel created over 1.7 million COUNTERFEIT $APE units.
To be more clear with AMC IR….tell them there’s proof the market maker is counterfeiting APE preferred stock units and direct them to me I will prove it to them.
BB
Also great DD…Prime Brokers and Citadel colluding to create an option chain for APE…..
You might not understand the intricacies of RICO 101 but they start off by criminals thinking they can get away with mass crime.
Where the proof of crime? Show me the proof? Tin foil hat DD right? Wrong! The proof is here: https://www.finra.org/finra-data/browse-catalog/short-sale-volume-data/daily-short-sale-volume-files
You think Adam Aron let’s Citadel cheat in 3D chess…I don’t.
BB
Indeed. When $APE shares get created out of thin air and your broker fraudulent misrepresented those shares as being Computer Shares you know the system is broke. Time to press the reset button and let banks die.
BB
Pay to play crime and the politicians are on the take. There’s no reformative possibility when DTCC board of directors are directly provided from Prime Brokers and other corrupt entities that want to maintain the status quo. The markets are far from fair and equitable and it’s time pension funds start to separate from the corrupt Street. 19 state attorney general’s hopefully file action soon against Blackrock and hopefully this kicks off the DOJ enforcement of rules that are already in place to prosecute such organized crime rings.
The DTCC is an organized crime ring.
BB
At this point there’s no missing link. Time to bring action.
BB
What really helps is to spread the word how $APE fraud was a collusion between DTCC and the Prime brokers that literally own the DTCC and control the mechanics to create counterfeit.
Todays Tweet that should go APE:
@Citadel Hey Kenny…is this accurate? https://t.co/1ZqMVhiebw
— Jason Williams (@JrwilliWilliams) August 27, 2022
How can you create naked exempt shares in a preferred $APE equity unit? Seems like you would need DTCC to deliver counterfeit shares not computers shares…right? @GaryGensler @DOJCrimDiv @cvpayne @TradesTrey
Everybody have your plan, you don't need to share your plan because it's yours.
Sharks are feeding ...
HODLING A LOT OF $AMC
BB
Counterfeit shares
They have a canceled option chain for the week….probably forever. Whoever needs to keep APE low will have to stop buying APE shares….sounds like not my problem…..
BB
Brother I have Fidelity so tongue tied they don’t know if APE trades options or not. The brokers fail to realize that the DTCC will crime all day long because they have immunity from prosecution….brokers are digging a legal grave by not recalling AMC shares. ALL brokers!!!
It’s entertaining for sure.
BB
I do not think the DTCC delivered the computer shares to Fidelity as required by SEC filed documents.
Here is the chain of custody for Overstock as an example:
Lol….funny…really funny. From my conversation today with my broker I’m seriously considering filing a FINRA complaint. Not joking. Not FUD, I am 51% certain DTCC has failed to deliver shares to FIDELITY. Anyone sell APE and get busted for T2 good faith? I did and that doesn’t make sense if I sold preferred computers shares that trade on T - 0.
Perhaps I’m missing something….I thought the chain of Custody was Computer share > DTCC > Fidelity > my account but it looks like it is Computer Share > DTCC > not fidelity but some other unnamed transfer agent > “my account”.
I call CRIME.
BB
Can you naked short a preferred stock….that would be completely insane if you did especially if sharks smell blood.
Keep your eyes out for sharks
Sorry one more thing Blaster….what are your thoughts on preferred dividends?
Sounds like a nice safe place to park your money if your a pension fund right?
BB
Makes perfect sense 1 + 1 = 2.
EOM
BB
Nice Lamborghini video that also discusses real economic stuff:
No offense to anyone but this is like a funny cat video but better:
I think there’s infinite upside on a preferred stonk. Makes it a bad naked short….even for the Market Maker.
Thanks for the interest payments today Kenny.
BB
What happens when Citadel figures out they just naked shorted a preferred stock because of brokers mistake? This is not good. Someone call Kenny and tell him the algo is shorting a preferred stonk….and it’s AMC ticker symbol APE.
LMAO @ smert money….AA knows 3D chess
BB
Is it true you get paid a dividend with preferred stocks?
Dude…I think so call your broker and ask when your dividend payments start rolling in.
BB
Wonder if retail can replace market maker algorithm? Now this could be bullet proof free market with the correct setting and monitors.
MOASS inevitable!
BB
Source: https://seekingalpha.com/article/4025095-why-shorting-preferreds-is-bad-idea
Smart money not all that smert.
BB
Very short DD:
Good post. thanks. Also check out this Seek Alpha article from 2016 about shorting preferred stock
https://seekingalpha.com/article/4025095-why-shorting-preferreds-is-bad-idea
It’s really really dumb.
BB
Speaking of counterfeit APE shares here are the facts as of Tuesday close of business for FINRA:
AMC
20220823|AMC|24836257|1318969|39989595|B,Q,N
APE
20220823|APE|11337391|495132|44871815|B,Q,N
Can preferred shares be shorted? I don’t think so.
Can computer shares be shorted, not without getting a locate. JMU
Fraud, yes. SEC actions? None.
BB
You can’t make this up when it comes using FINRA daily data. Either the market is free and fair or it’s a sham.
BB
Also I will speculate why the SEC was shut off from FINRA access day 1.
Potential major major crime averted.
BB