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i wonder if kenny boy is prepping the price before bofa earnings tomorrow??? margin call???
hey fudsters, there’s a bone over by the bank stocks!!! fetch!!!
citi tried to soften the blow by fessing up about their one time charge of 3 billion. that doesn’t included anything about derivatives exposure. more to come imo.
now jpm and bofa announce tomorrow, with bofa being on the spotlight. both will have massive writedowns like citi for their same reasons but will they include anything for bad bets? i doubt it. washington will lie right along with them to avoid a panic.
the popcorn kernels are in the hot oil…
amc has traded 413 million shares just since 12-11-23, about twice the os shares, and the price has drop 30%. is this normal for a profitable and improving company?
how can masterminds behind this not go to jail? i actually hope they keep dropping it at this pace so this thing will explode.
it’s always a good reminder to hold no matter what they do. they will throw all kinds of tricks at us coming soon. put you goal price out there and leave it.
perseverance will pay off.
our government is starving for cash yet they only fine a few million dollars on big institutions for breaking the law while the institutions make billions.
that should tell us something.
how low can it go without massive buying??? you got to think the market makers are sitting on a ton of buys already.
i think you will definitely get below $5, just how low will it will go is the question.
this is amazing. how amc and the meme stocks plays out will go down in the history books.
just keep buying when you can, even if its only a couple of dozen or so. even if 1/2 of the apes give up, there will still be enough to moass. jmo, even kenny boy knows he's not going to get the majority of apes to sell. i think he's probably working another angle to save his ass and is just biding time. could he be buying in the dark pool while he con's the rest of the shorts to continue to sell? i don't know if that's possible or enough volume to cover but i'm sure he has a plan b since plan a has failed, to get us to sell.
perseverance is the key.
the fud seems to have shifted to heavily beating on aa. i guess they figure getting rid of him is their only chance of shutting down amc.
bankrupting amc is their only hope, which is not going to happen.
can you imagine what’s going to happen when all of the corruption is exposed and those behind it are exposed as well??? the are a lot of politicians that have decided not to run again. i wonder why?
WOW 🚨 UNBELIEVABLE CORRUPTION
— Wall Street Apes (@WallStreetApes) January 5, 2024
While The World Has Been Distracted By The Jeffery Epstein Evidence Being Released, U.S. Prosecutors Dropped Sam Bankman-Fried’s Campaign Finance Charges Where Democrats Used FTX To Launder $10 Million To Joe Biden’s Campaign & Billions Overseas… pic.twitter.com/s9inLPEOpc
this is important to the amc apes
https://x.com/krucialmix/status/1743343718206489101?s=20
we were plus$10 not to long ago. just think that at that level now could start a squeeze.
i’m a bit chatty this morning.
in theory, amc might have enough money to buy back all of the o/s shares. that’s how stupid low it is!!!
i bet they have held 10s of millions of buys this week.
reverse repos dropped hard to $665 billion.
https://www.newyorkfed.org/markets/desk-operations/reverse-repo
we are going to break a big cartel. the hedgies have banded together. how do we know? as thomas james said, many hedgies short positions are in the 90% unrealized gain territory and NONE of them are covering. and they are still shorting!!! a stock is down 95% and you continue to short??? does that sound like a wise decision??? amc is not going to go bankrupt.
and i love the fact that its been dropping hard this week. they are running out of room which will hasten the moass. $5.30 is an unbelievable price and it will go down even further today imo.
they’ve shorted themselves into a corner.
i sure they feel like they are entitled to cheat. they are in the business to cheat people, not make good investments. it's ingrained and our markets are their machine and it's hard to stop them because our government has let them do what they want.
so lets just put them out of business.
nobody is going to sell at these prices at the beginning of the year. they would have sold last month for tax purposes. lower the pps like it has will just get more buyers which i don''t understand. i don't think they are lowering it for margin purposes. lenders know the risk involved here.
doesn't matter to me other than if it gets below 5, i will buy more. i just won't tell my wife.
they still think they can scare us into selling. it's really getting comical with their efforts. i hope kenny boy has fired his psychologists that told him we will sell.
https://investorplace.com/2024/01/3-penny-stocks-to-sell-in-january-before-they-crash-and-burn/
so i guess kenny boy and the rest of the think tanks that pour hours into what they think prices of stocks should be were wrong just last week when they had amc at 6.25 and now it 5.35 in less than a week. nothing has changed at amc. i think we should go back to the supply and demand system, theirs is not working very well.
i don’t understand the institutions and regulators backing kenny boy. they know he has has billions shorted and he is going to lose. why are they allowing him to short more??? shorting now just creates more buyers and bigger losses. i swore i was done buying but now i’m second guessing.
i can’t wait for the movie.
the black swan is flying in the air. if it doesn't land, then we are back to waiting for money to run out. that may take some time. i got time and it's not costing me anything. i kind of like seeing kenny boy getting pissed at the apes. if he is miserable then i am happy.
i wonder if kenny boy got his $400 million loan? it sounded like it was out there for someone(s) to take the risk, not necessarily bank of america.
you would think this would be a good time to cover. i wonder why they don't???
fwiw, here are my thoughts on today. the fed is tightening up by reducing their balance sheet (lowing reverse repo). that means liquidity is getting tight as well. with the big drop in the reverse repo yesterday, they are scrambling for money today. they are selling off long positions for money and shorting even more to lower their margin position, a double whammy. i'm sure the short sells a being reported as buys.
the end is getting close. jmo
squeeze the banks then they will squeeze the hedgies then the market collapse. unfortunately it has to happen to fix the problems the 1%ers created and washington allowed them. and they will point fingers at everyone.
wow, no wonder everything is getting hammered. the reverse repos went from 1.018 trillion down to 704 billion over night. they need money.
https://www.newyorkfed.org/markets/desk-operations/reverse-repo
gensler is just trying to cover his a$$. at first he made meme investors look like clowns to back up hedgies. now he wants to be the retail hero.
he needs to go to jail.
based on the volume and price action since the rs, it won’t take much of a spike to kick in the moass. they have a lot of resources tied up in holding amc down. it appears to be a group effort by hedgies so it will take ALL of them down that are involved, and maybe a few banks.
imo we will go above 5 figures easy.
i doubt it. dark pools aren’t regulated, which is the biggest crime in the markets. there are still ways they will cheat. there are still holes in the new rules, purposely so imo. self reporting is a joke and fines should be massive if they provide false info. gensler is a criminal. the sec and finra don’t respond to congress for info and congress doesn’t force them too. that should tell you a lot.
if gensler really wanted to help retail, he would end retail trading in the dark pools which is the way it use to be. it’s an easy change. he is got rich because of politics.
it's like who can we go to for justice, no one. what a sad state we are in.
starting tuesday, hedgies will have to report to finra within 15 minutes of a transaction if they are members. if the transaction is with 2 members both have to report.
Transaction Information To Be Reported
Each TRACE trade report shall contain the following information:
(1) CUSIP number or if a CUSIP number is not available at the Time of Execution, a similar numeric identifier (e.g., a mortgage pool number) or a FINRA symbol;
(2) The size (volume) of the transaction as required by paragraph (d)(2) below;
(3) Price of the transaction (or the elements necessary to calculate price, which are contract amount and accrued interest) or, for When-Issued Transactions in U.S. Treasury Securities executed before the Auction for the security, the yield as required by paragraph (d)(1) of this Rule;
(4) A symbol indicating whether the transaction is a buy or a sell;
(5) Date of Trade Execution ("as/of" trades only);
(6) Contra-party's identifier (MPID, customer, or a non-member affiliate, as applicable);
(7) Capacity — Principal or Agent (with riskless principal reported as principal);
(8) Time of Execution;
(9) Reporting side executing broker as "give-up" (if any);
(10) Contra side Introducing Broker in case of "give-up" trade;
(11) The commission (total dollar amount), if applicable;
(12) Date of settlement;
(13) If the member is reporting a transaction that occurred on an ATS pursuant to Rule 6732, the ATS's separate MPID obtained in compliance with Rule 6720(c); and
(14) Such trade modifiers as required by either the TRACE rules or the TRACE users guide.
https://www.finra.org/rules-guidance/rulebooks/finra-rules/6730
hey bio, we haven't done our friday close estimate for a while. i'm calling 5.92, a new all time low.
kenny boy will push how 2023 markets ended at record highs and amc ended at record lows.
then in a couple of days everyone will forget about it and buy more.
i might use his video as a defense when i don’t pay my capital gain tax.
i still amazed that kenny boy admitted on video of market price manipulation and our government did nothing. everyone should write to their senators and representatives and complain. make it an election issue.
something will have give sooner or later. this can’t continue.
last day of 2023 for trading. if kenny boy was looking for tax selling, i don’t think it happened much.
news has been bias to one side or the other for years if not decades. i think just about everyone knows its a joke anymore.
that's one industry that needs to change big time. i would be embarrassed if i was a reporter right now.
fud is getting down to satan's level everywhere, wow!!! amc is about to take off.
it looks like we have a whale and a good one too!!!
https://stocktwits.com/To_That_Moon/message/556062193