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the hearing just ended. i listen to most of it and the cat system was never brought up. it was more about the sec enforcement overreach and history, crypto and climate change, inconsistent fines and the need for established rules. i think it was a good hearing, the sec is entitled to enforce rules but needs to handoff more to federal courts instead if the sec internal trials, they should be entitled to crypto regulation and fines are inconsistent (they thoguht the sec fines were too high???) on average. it seem that they were slapping the hands of the sec for bullying small companies but never mentioned how lax they are on the real crooks.
the cat sytem is sound and nothing is stopping it.
first trading day after 5-31, when cat is fully implemented.
control freak, use to getting his way, corrupt, bedpost kenny boyβs head is going to explode on june 3rd.
iβm a little disappointed with a youtuber. tomorrowβs hearing will not overrule the cat system. quit making money off of it. it takes a court order from a federal judge to overrule a sec decision.
the cat system is in place and itβs too late to change it now.
the silent majority. could you imagine if every american knew what us apes knowβ¦
revolution!!!!!!!
amc might be taking a backseat to gme right now. gme has a lot of volume and decent swings today. it may run before amc, which could be good for us.
and they mismark billions of trades that were sells as buys that were computer generate. they just have to provide an inkling of doubt to create an excuse no matter how unrealistic it can be, human error.
if they cause this kind of human errors then we need the cat system to get valid data from them.
imo this is the main reason our government hasnβt done anything. our economy is riding on these worthless p.o.s. bank ceos because of their greed. now they and our politicians donβt want the truth to come out. all need to go to jail or worse for what is eventually going happen. itβs too far gone. the $ amount canβt be overcome for those banks.
not only is it criminal but itβs treason also.
other memes are having nice rallys, gme, carvana and djt. is amc next are are they just too scared of it?
who's going to be the first megabank that goes down? we have a lot of candidates and jpm may be the leader..
https://wallstreetonparade.com/2024/05/wall-streets-megabanks-have-trillions-of-dollars-off-balance-sheet-in-a-replay-of-accounting-hubris-that-led-to-the-2008-wall-street-collapse/
the cat system will take away a lot of excuses for the sec and finra not enforcing the law. things are a changing.
i know it would be a long long shot, especially when the idea of everyone buying at one time. it's been tried before but it's just impossible to organize over the internet. but since the cat system has a definite start date and if the message gets out across the internet by respectable youtubers...???
my theory is if we can get enough apes to band together, save their money until after the cat system and everyone buy at one time. they won't be able to hide the buys in the dark pool if they have to report the transactions. kind of like the way roaringkitty did when the gme was hammered with a bunch of buy orders in one day. i sent the idea to a few youtubers just to get their feedback. i got this back from thomas james.
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🌟 Thomas James - Investing replied to comment
🔥 ANOTHER BANK HAS JUST COLLAPSED! SQUEEZE WILL COME NEXT! - AMC Stock Short Squeeze Update
Thomas James - Investing
Especially if we have more volume/more buying than we did back in 2021 all at once
REPLY
please feel free to shoot holes in this theory but if we stopped all buying until after the cat system and then save our powder to purchase then when all transactio have to be recorded, no dark pool trading.
instant moass!!!
so if we wait to purchase after the cat system goes into effective and no dark pool trading, could that start the mosss???
just thinking out loud.
i was just thinking about the cat system, does this mean dark pool trading is going away? if they have to report all trade, they canβt use the hidden dark pool it seems to me. if i donβt get my price before then, iβll wait until after the cat system starts even if i have to pay more. i want my purchased to go on record.
that will be a back breaker.
i bet employees at citadel and virtu have been hard at work to figure out how to continue their cheating and stealing.
kenny boy and dougie must be proud of them knowing they wonβt have a job soon.
after 8 straight days of going up reverse repos finally drops almost $100 billion.
https://www.newyorkfed.org/markets/desk-operations/reverse-repo
i have a price in mind that i'm waiting for. i may miss out but i really think it will get there. shorts seem to like all time lows and to put 100% of shareholders at a losing position especially now that its getting close to crunch time. i feel i have about a month of waiting if it gets there but if not, i''l buy at the current market price if the squeeze hasn't happened. i have nothing to lose except an opportunity lost.
looks like the haircuts hit today. i thought it would be worse, especially crypto. maybe it will linger into tomorrow.
on yahoo's index banner, bitcoin isn't updating.
what's up with bitcoin? did the symbol change? i can't find a quote on it.
my last purchase was 2.76. iβm waiting for that or lower. jmo but i still think there will be a big dip before the rip but it will be quick.
this gives me something to look forward to while i wait and i love getting good deals.
today is the start of the new haircut rules. premarket doesnβt show much so far.
i wonder what amc will do today? shorts know aa is being selective with selling more shares so did they bring it down yesterday thinking aa will sell more this low? yesterdays drop doesnβt make a lot of sense, just keeps aa from selling more. iβm glad because i rather he wait a month or 2 to see what the cat and t-1 will do. in the meantime i have an amount that im waiting for to buy again.
we should be getting ftds later this week, hopefully.
the fdic will lose about 2/3 of a billion dollars due to the republic failure last week. that seems like a lot considering the size of republic but the failure did seem to come out of nowhere.
https://finance.yahoo.com/news/1-fulton-financial-buys-failed-111326946.html
a lot of news rules hit last week, not just in the us but globally too. the markets should be interesting today and this week as those rules seep into market values. crypto is down but the indexes are up in premarket. money moving from crypto into equities???
i imagine the new capital gains tax increase will be approved quickly.
the stage is being set.
i purchased 3600 shares on 4-11, the date of record for voting but i didnβt get a proxy in this account. ??? all fake shares or are they still trying to locate them???
aa looks like he is being a bit selective with the offering. shorts hammered it down to $2.40 but aa must have stopped only to give apes a chance to buy on the cheap. letβs see what happens on monday. iβm hoping with the results the shorts will bring it down again. iβm putting another $5000 in.
interesting. only 1/6 of the offering has been sold. is aa waiting for the squeeze?
https://www.businesswire.com/news/home/20240426331252/en/AMC-Entertainment-Holdings-Inc.-Previews-First-Quarter-2024-Preliminary-Results-and-Announces-First-Quarter-2024-Earnings-Webcast
i know, itβs seeking alpha. iβm just throwing it out there.
https://seekingalpha.com/news/4094628-amc-lenders-propose-debt-extension-before-nearly-3b-comes-due-in-2026-bloomberg
it seems we are getting close. stick to your guns, put your sell price out there and sit tight. we want life changing money AND to put the hedgies out of business, especially citadel and virtu. they are in this as a group so we can take them all down at once. we will have some fun and exciting times coming up. the shorts have destroyed our markets, donβt forget that.
shorts are still cheating for penny ante weekly options.
#AMC #MMTLP #HYMC
— Frank's Place (@Franks_Place_) April 26, 2024
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Effective April 30, 2024, as part of the annual renewal of the line-of-credit facility, DTC will implement the following changes to modify collateral value for certain securities, which⦠pic.twitter.com/JuPrkMVu8W