Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Just how mad do you suppose the panic sellers will be when they realize they've been had by fake news?
There should be an option for proven fake news posts to be removed just so that it can't add confusion to new viewers anymore.
But on an individual basis the ignore button still works GREAT! imo
:)
Just another coordinated/collusion short attack. It's hard watching folks fall for the FUD... Too many have been able to find and read the fine print in the announcement by now though. Today's newest shock and scare headline can be discarded. But nice try...
"On April 27, 2021, we filed with the SEC a registration statement on Form S-3ASR utilizing a shelf registration process related to the securities described in this prospectus supplement..."
All part of the 43M shelf offering from months ago, this is just the specifics on who is getting how much.
IMO, Going back up, but with even madder apes now. LOL!
AMC averages 900k contracts, Wednesday was 4.6M. Put another way, the entire US options market traded 42.5M so AMC was around 11% of the entire market's total volume...
ONE stock...11% of US total volume... O.O!
LOL! About the same chances as "Redditors expose decades-old illegal naked corruption practices in Market causing major crackdown and new rules."
And I'm so looking forward to it!
I'm tempted to clear my sched just to watch the show Thurs/Fri, but I HAVE to get stuff out of the way and marked off the list so next week is clearer. I'm hoping to hear the enforcement pieces (specifically 005) drop sooner rather than later. G'luck!
No worries, all's good!
We'll just have to see how far this rocket goes when the squeeze(s) actually starts.
So am I! But I was replying to 42344, letting Mastabeta know that new strikes are popping up and being populated on options chain...
FYI-Options chain strikes up to $120 showing on TDA already including this Fri. Volume updating and showing but OI masked.
Yup, bingo, very little to do with company fundamentals. That's PPS value created by...supply and demand.
If you mean "stupid investors" as being shorts needing to purchase to cover at whatever market price becomes... the price which is being driven by "smart investors" (aka HODL'ers)... then Yes, you're starting to get it.
THIS IS NOT A VALUE PLAY! THIS IS A SUPPLY AND DEMAND PLAY! To all the FUDsters, please do better research and get caught up to where we are; you can stop posting about company valuation fundamentals now. Thank you. We now return you to your regularly scheduled day of PPS increase.
Agreed.
My GUESS is AMC approached SEC with the results from 1st count showing excess with intent to file lawsuit, hip pocketed it, and in cooperation with the SEC scheduled the 2nd count (under auspice of "delay") as not just a verification of the results for evidence value, but as a huge short trap because the behavior had continued so blatantly and excessively between first and second counts. Think a nail in the coffin setup. Determining where the system break is/are (DTCC? HF/Broker?) for accountability and restitution would have to come into play as well during that investigation.
In addition, what it did was it allowed for evidence collection, rules passage, defensive measures, research of logs, collective complaints/leads to SEC to increase, whistleblower reviews, community education on the subject, determining the W5H (Who, What, Where, When, Why, How), and following the money flow responsibilities/accountabilities when things go off script from HFs plans of strategic bankruptcy of a target and instead themselves; as the hunter becomes the hunted scenario.
There is so much aligning in the puzzle pieces already to be able to get a basic idea of where this is headed. While it can still squeeze just on visible metrics, the level of panic might be gauged by the count(s). Depending on count results, it will range from no big deal (it's just a regular transparent squeeze) all the way to catastrophic corruption threatening the market and need for major rules/laws/systemic overhauls.
Only time will tell at this point where this rockets final destination is.
All imo of course.
What I'm amazed at is that Mudrick did it at the market and didn't try the darkpool route to keep it quiet and lower. They were loud and public on acquisition and then dumped it in a monster heap equally "loud"; probably hoping it would crash through supports and drag it to the bottom. It failed spectacularly, obviously by a dazzling show of strength instead. HFs are just blindly flailing now imo.
Meanwhile the company is all the richer for it.
Soon...
8-k says another $230.5M raised for company this morning through block sale. Self declared to earmark for acquisitions and appeal. Nice.
Looks like it wants to close the gap up from opening first.
Thanks! Tomorrow and Wed will be very interesting/revealing...imo. G'luck!
Holiday sitrep as I see it. All IMO, of course.
1. NYSE is closed for holiday but Euro market was open. AMC traded in euro's (22.90-25.93; C24.90) so conversion to dollars shows it was trading at $28.01-$31.71 with a close of $30.45. Change from previous day= +11.86%. Not bad start to week.
2. Last week HFs liquidated positions elsewhere to have liquidity on hand to fend off margin calls (note-at the prices back then, it's gone up since). As PPS goes up liquidity requirements increase as well as the bleed...
3. Anything not used by SLD margin can be used to "try" and attack price, but HF's risk having even more shares removed from reach in market which just increases the impact of squeeze later. ie. HFs might shake paper hands, but the competition (diamond hands) are scooping up more shares that HF wants, creating a net loss so positions can't be closed out at the lower levels. Creates the situation of the first HF to cover has the minimum of pain and last one either bleeds out or is the bankrupt bag holder.
4. Last week's ITM options can hit starting Tuesday for a small Gamma. (side note- with T+3 does holiday count or is it Thurs for this week?)
5. Boxofficemojo showing this weekend May 28-30 having a gross of $80,179,879 gross putting it in the top 10 grossing weekends and a change/week of 356%. Note-Does NOT include 31 May which is ongoing but is currently showing $98,531,543.
6. Long weekend has allowed for ALOT more dissemination and PR to spread on all social platforms including, but not limited to, Here (Ihub), Reddit, Youtube, Person to Person networking, FB, Twitter, Instagram, Stocktwits, etc. Anticipate backlog of new buyers wanting to be part of the movement. Large increase in sentiment to hold accountable those that aren't playing by fair, equitable, transparent, level-playing-field rules or that lack integrity in self-reporting requirements.
7. Lots more eyes are watching the mechanics and inner workings of the market/players. SEC complaints are high and increasing. Any confirming news of foul play such as strategic manipulations, confirmation that naked shorting was allowed beyond minimal "market making", and/or naked shorts in any excess beyond reported transparent numbers (such as exceeding O/S), would be major catalyst and a figurative powder keg to address publicly.
8. HFs may try and close short positions by purchasing naked shorts that had been released "into the wild" just so the HF show a closed position on the books, but the unwinding of any excessive naked short shares left in the pool would require the recall and removal of shares which will require the coordination of the DTC. It's anticipated that excesses will be revealed by share audit(s) and/or voting tally's.
9. Shareholder date of record snapshot scheduled for 2 Jun (Wednesday) which should tell AMC leadership A) How many shareholders there are, and B) How many shares are being held by them. Those numbers can be released any time afterwards with or without coordination with the SEC as desired.
10. Anticipated interview with AMC CEO for sometime "the first week of June" according to Trey Trades channel.
Anyone else care to add anything else relevant or correct? TIA
I don't know whether to cheer or groan...
...and restaurants are all going out of business because houses have kitchens... Yeah, right. Thanks for the opinion. LOL!
ONE movie, Godzilla vs Kong, Worldwide box office $432,880,073. Ref: boxofficemojo. Nobody, huh? ROFL!
She's going ballistic! Wake me when we see hundreds print...
If they do I hope they have serial numbers and come with blockchain tracking to stop naked shorting into the future... :-P
Tuesday. Don't forget Memorial Day.
We still got a loooong way to go before even thinking about selling...
Gee, I wonder if mainstream media will finally cover AMC... LOL!
Short losses go to $8B for 2021 (so far).
But they put themselves into that position, so...
https://www.benzinga.com/news/21/05/21312808/gamestop-amc-short-seller-losses-for-2021-widen-to-8b
Starting to sound very familiar here: “The manipulator can not drive the share price close to zero unless he can naked short an extraordinary number of shares… this form of manipulation would result in… unusually heavy trading volume, and unusually large and persistent fails to deliver at the NSCC”.
"Charter Communications had a whopping 241.8% short float in 2005… The ONLY way the manipulator could have escaped this was by bankrupting the company and relieving the obligation to repurchase those shares…
Guess what happened to Charter? They filed for bankruptcy in 2009…
However, unlike John’s example where naked short sellers were driving down the price without opposition, GameStop had extremely high demand from retail investors to counter this activity"
Seems the strategy of buy and HODL is the silver bullet counter tactic against HFs trying to bankrupt targeted businesses through illegal strategic shorting manipulation, until regulation can (finally) catch up and close loopholes...
Part 3 just published too!
https://www.reddit.com/r/Superstonk/comments/nlwqyv/house_of_cards_part_3/
"As I have shown in the example with Goldman Sachs, firms will short sell during a buy-in for the same exact reason. To stabilize the price, you must stabilize supply and demand.
…You know what Charter didn’t have?
AN ARMY OF APES TO HODL THE STONK
DIAMOND. F*CKING. HANDS"
...before they add the next Billion.
$19's on deck! From 13's yesterday to 19's this morning (with the rest of the day/week to go) its becoming a fun ride to experience! And 110M in vol so far!
5M premarket (so far) & testing $18.
Edit: aaaaand clean break.
No more dilution, no more Wanda returning shares to market, clamps down on naked shorts, it's almost like the price is free to find the truer market value with less manipulation!
Shorts dump to market got absorbed like it was nothing. ROFL! In better hands now anyway. We go up.
The one that looks like a false flag fake? Misspellings all over the place like it wasn't even reviewed by admin before being released let alone a supposedly major corporation and it's lawyers? It just screamed FUD or maybe an advertisement for that youtube vid.
Several catalysts arrive this week.
SEC closed door meeting 27 May 2pm ET.
Senate Banking Committee hearings for Regulation of the Financial System on Wed, May 25 at 10am ET and another on Oversight of Wall Street Firms on May 26 at 10am ET.
Two House Financial Services Committee hearings on May 24 at noon and another for "Holding Megabanks Accountable" hearing on Thu, May 27 at 12 noon ET.
Going to be an interesting week...
https://wallstreetonparade.com/2021/04/wall-streets-mega-bank-ceos-to-be-hauled-before-congress-in-may-nobody-will-say-why/
That was my concern when the subject of Glacier Capitol came up. I wouldn't have put it past Citadel to try a slight of hand to push all of the debt to a foreign subsidiary and cut ties, watch it die, and try to claim their hands are washed of the accountability consequences. It certainly didn't take long for people to show up on the doorstep of the Luxembourg address, show pics of the ploy, and call them out on it.
Every dodge and ploy is being tried to avoid culpability and stick DTC with the WHOLE bill and DTC is having none of it. The bill due will probably be split, but the percentages fight will be a sight to see. Bring your own AMC popcorn. :-P
Folks are not going anywhere any time soon and the people are holding the parties responsible and accountable...(finally).
https://www.reddit.com/r/Superstonk/comments/nf3sfp/glacier_capitals_mailbox/
https://www.reddit.com/r/Superstonk/comments/nf92je/the_real_take_away_from_glacier_capitals_mailbox/
https://www.reddit.com/r/Superstonk/comments/nf8nsd/theory_glacier_and_other_new_hfs_are_just_shells/
Stopped...temporarily. I think it only delayed it and built up the pressure behind it. Flooding the market simply means that there are that many more shares to be removed in order to "rightsize" the share structure. HFs made a bet on bankruptcy, it was a bad bet, now they're paying the penalty to exit.
If there are more in the wild than the company has authorized then it's the DTC/MMs on the hook and AMC has a helluva good standing for a lawsuit under RICO,conspiracy, malfeasance, etc. imo
Bring on the share audit...
Bingo! Agreed. An ENFORCED DTC-2021-005 is a step in the right direction for the future.
Yes, serious, it's all over reddit amcstock.
It's just savage now against him and HF shills. Frenzy, revenge, justice, chaos, avenged, whatever, take your pick of adjectives.
Just one of the cleaner examples:
https://www.reddit.com/r/amcstock/comments/ni8h9e/spread_this_far_and_wide/
And a plausible working theory on SEO manipulation that makes for an interesting read:
https://www.reddit.com/r/amcstock/comments/ni6fry/theory_rich_greenfield_played_us/
FTDs are a symptom of counterfeiting, not the cause. If the cause continued (and probably increased since 2017 lawsuit) then the cure is to purchase both real and counterfeit shares and DTC remove the counterfeits from the market which drives the price up. But we just absorbed 13M+ real shares from Wanda (plus an unknown number of counterfeits along the way) and the price stayed about the same this past week. This thing is primed for takeoff in a huge way imo.