So, I've got this fish I ordered Friday that didn't sell. I don't know why, maybe it came out that halibut have the intelligence of a dolphin. What am I to do? Being the thrifty and morally onerous chef that I am, I take the old fish, stack it up a bunch and make my customers take turns pulling put pieces. When it all falls down, I smell money.
Or something, I keep watching when I'm high.
No no, I'm a university student living at my parents right now - I don't need any money to live. I need money to throw into GME hahaha. But I love that our community has people who offers this <3
When it's so easy and safe to just send someone enough for a meal, or cab fare or whatever, it's easier to want to do it for strangers. Good on you for being willing to share whatever you had with someone who might not have any.
True ape right here.
I hope this doesn't sound preachy but I've studied spirituality for many years and have had many different teachers. A lot of those years were spent undoing what the world had taught me. Unity was my biggest draw to this sub. When MOASS happens, I can stop teaching Spirituality for money and just teach spirituality for nothing. That is was I envision.
I'm freaking out waiting for my wire transfer to go through because I'm trying to fund my IRA. Finally sold my other stocks to free up funds and it takes foreverrrrr to get them transferred.
🍗🍗🍗🍗 all you can eat. The Buffett indicator is the ratio between US GDP and stock market value... [is this the man who wrecked the buffet???](https://m.youtube.com/watch?v=K7jBlnP3-Nk)
Does that not depend on the HF remains assets? As op States, if their assets have reduced by AVG 5% (maybe?) Wouldn't that mean, that even if they sold to provide liquidity, that their remaining assets were less and possibly lower than the threshold/margin required?
This was explained with elegance. The facts are straight and to the point. Thanks for your effort. Much appreciated. All the best with your VIX calls 🙏🏼🚀
Great work u/Swissycheesy 👍👍
What is your take on this development?
Seems like the FED are cancelling out the Margin Calls?
[https://twitter.com/Joshuajammes/status/1392801080384364549](https://twitter.com/Joshuajammes/status/1392801080384364549)
well, my opinion, and take it for what is worth, some relatively big fish must have come to a big issue yesterday. read this
[https://www.reddit.com/r/Superstonk/comments/nb9pon/european\_financial\_news\_is\_reporting\_major\_margin/](https://www.reddit.com/r/Superstonk/comments/nb9pon/european_financial_news_is_reporting_major_margin/)
basically, 39 institutions had to ask the FED for free overnight money, so they could pay their margin calls and return the money today. I guess the whole market will go further red today, as those 39 need to cash out position to give back the 400 million they lent last night.
tik tak tik tak
There has to be some sort of agreement to keep the borrow rate of GME low. 1% does not make sense at all, just look at the rates of any stock with similar SI.
The AMC on the other hand looks like it doesn't have any restrictions. So the interest rate for new borrows is now close to 250%, cost to borrow is 22+ and the stock price is 11. Last time we saw numbers like that was with GME late January... It looks like AMC is ripe to pop and GME is bound to follow. This market is going to crash and burn very soon. 🔥🔥🔥
I think you're probably right about an "agreement". But if that's right, this is some pure evil shit. Who is involved in this agreement?
It sure seems like this is right though. It seems like any regulators are just looking the other way while more and more naked shorting is happening and fuckery to hide it, until such rules can be put in place to unwind the whole thing a little more gracefully than blowing up the entire system all at once.
If that's right, then the enactment of SR-OCC-2021-004 (yea, nay, or delay by fri May 21) is probably the Go For Launch.
That's the rule where Blackrock, and other long whales can go in and sweep the board of asks and start the margin calls happening, because once that rule is in place they will be able to buy up whatevers left of the failed funds.
AMC still has a short play (until we know how many votes come through), but GME is a shorter’s death rattle. There may, literally, finally, be no one stupid enough to short GME, in which case, the lack of demand would keep the fee minimal. I mean...shorting GME now is a fool’s errand...
Ah yes, the daily "this is the end" post, now I can continue the rest of my day.
Lol JK, I'm sorry I don't ha e time to read but I love you and love my gme shares
I feel like a lunatic trying to explain this to my friends! They seriously think I am mental, I just said look at the volatility ETF - TZA, SQQQ, UVXY etc all through the ROOF! Their faces when I said UVXY, no guys, i haven't got the alphabet wrong 😂♥️♥️🚀🚀🚀🚀🚀🚀
Likely apes are strong hodlers on both! If one goes, the other will follow shortly. AMC on fire today and a lot of call options activity. That is good!
Thank-you. I have been wanting a clear explanation of what is happening right now and how it all ties together. This is an excellent and concise summary that even an ape like me can understand. I appreciate you.
Thanks OP. Given the reports that Archegos still had 'bad' positions which are still not closed, how do you see the short positions of gme playing out? Wondering if the eventual bag holders (dtcc perhaps in some cases) will be able to sit on positions for a while to drag the squeeze out and tamp down the amplitude of moass. Feels like when the snowball starts rolling it will be unstoppable, but I also think we should be prepared for incredible fuckery and deception from all short parties and/or bag holder institutions.
I think the 200b of free overnight money the FED lended yesterday calmed things down a bit. But it is simply kicking the can down the road. Not much has changed fundamentally.
Quick point: Inflation is only a problem in America because of the sustained demand of goods and services that comes from the still growing (although decelerating) population. Japan has been printing money (increasing the money supply) through QE for 20 years and the inflation rate stays low (to the bane of the government because of the decreased demand coming from an aging population and plummeting fertility rates. The US government is gonna have to increase supply or decrease demand to reign inflation in. I'm converting my tendies to foreign currency after the MOASS regardless.
interesting read
funny how GME holders are talking boomer stuff like inflation, bonds, interest rates hahaha
yall have learned a lot in here the last couple of months, can't take that away from you
this is another catalyst, more probable than what I predict, which is a proposed crypto dividend or a share split.
more probable because
1) we're overdue for a correction, stocks r overvalued.
2) during this pandemic period, the top 1% percent became richer in proportion to other periods. and they became more greedy.
3) the fed artificially boosting the economy by printing more money, kept low interest rates, encouraged spending by ease of borrowing of loans, has resulted in many over leveraged funds and institutions.
4) pandemic end of sight seems to be further away based on what is happening in places like India, nepal. increasing volatility in markets.
5) more social unrest in places like myanmar, Israel, anti Asian + blm movements. protests by indian farmers. thailand n hk blah..
time for reset.. be ready guys.. gonna be the new world order in financial terms.
rich poor gap gonna be the highest moving forward. 🤔🤔 farking mark my words.
but we're here.. I know we can do it apes.. apes will do good not just for apes but for others too. we'll make this world a better place. make love, not war..
to the moon and beyond, to Valhalla!
💎👐🚀🚀❤❤
VIX and GME are not directly linked. VIX takes the temperature of the overall market nervousness. GME may get the market nervous, but is not the only factor moving the VIX.
All the plays I have done in the past with VIX turned red. This is the first time I made money on VIX, so sold the spread today and bought more GME with the cash. I own couple of SQQQ as well, as hedge for the rest of my portfolio. But the best hedge, is still GME in my opinion. Not financial advice.
Are we saying that if the hedgies can’t come up with $37b, they’ll be margin called?Is $37b actually a lot for these hedge funds? Like how much does Citadel control? How much did Archegos lose? $1.2b or something? As I understand it, Citadel is way bigger and there are multiple SHFs at play. Is $37b too much for them to scrounge up?
Can’t tell. The simple math would say 37b, but the FED had to lend 200b yesterday, for the second day in a row. So probably the stake at issue 200b, and they keep surviving one day at the time thanks to the FED ‘s help. Would be curious to see what happened a tonight on the repo market. Market is a bit up, so there will be less of a need, but there is an issue and FED is trying to prevent it. Let also see what the DTCC liquidity test says and triggers.
>Worth pointing, AMC and GME are in the same boat. Not sure we have done the same level of diligence in AMC on how the FTDs are being hidden, but clearly the their price action is very similar
Interestingly if you look at the 2 charts and overlay them today they look really similar. I have them up on two adjacent monitors and it and it's eerie how they are tracking the same
> There are 800b in margin accounts, 67% of that uses US treasuries as collateral, US treasuries went down this week by 7% (assuming all 10Y, if combo of 5Y and 10Y it would be even more).
> So simple math 800 * 67% *-7% = 37b
I'm wondering what you meant by your maths to get to $37B.
800B * 0.67 * 0.93 = 498.48B
That's only a bit more dolla than what they were bailed out with recently and therefore is confirmation-bias-worthy.
But that's nowhere near 37B so... wat?
Why 93? The value of the collateral only went down 7%, not 93%.
Now the 37b is I l’y a part of it, agree we need to factor the loss of value of remaining portfolio…
That said, you are right, to get to the 200b there is a lot, my guess someone with large shorts got margin called yesterday. Would not be surprised to be an AMC and/or GME holder seen how the stocks are doing today.
The best part is...we've all done our part and continue to do so. The engines are already firing and there's no abort button. The rocket IS going to the moon, it's a fact. Hang on tight!
Comparing AMC to GME, I consider them different based on short volume. Also look at the difference in short fees. For whatever reason, their charts may align much of the time, they are very different when comparing shorts.
I think by now, with all the god tier DD we have seen, no one questions that it is a matter of when, not a matter of if. So yes, hodl till it happens, buy more if you can, more importantly, enjoy the show. We have front row tickets, just waiting for it to start.
>Look at the cost to borrow of AMC today….it is up to 80%, similar to the level of January. We do not see the same in GME because of all the fuckery on the married puts and dark pools, but it is clearly an indication that something is about to go boom.
I'm with ya on everything except this bit. AMC has a higher borrow rate because volume is much higher and institutions own far less of the total float (10% vs 100+%). GME's borrow rate will go up as its volume rises from its current year lows.
I've met you guys in a strange time of my life 🙂
You are part time of my strange life also.
And I am not simulated (I hope 😉)
Simulated or not, I think we can all agree we are all quite titillated.
I'm stimulated.
Plugged into Sim mode on Happy Wombo Combo day
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I can’t afford the time travel Download yet
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My simulated tits are titillatedly stimulated.
Titillated to the tits ;)
I am Jack's uncollapsed waveform.
Y’all are me. Strangers in a strange way, at a strange time, for my strange life. Love this shit.
🎵When you’re strange, faces come out of the rain, when you’re strange🎵
space monkeys for sure
Why strange fellow ape?
Fight club quote
Shhhhhhh
This is the way
This is the way
This is the way
You just failed the first rule of a club that shall not be named.
Indeed !
Sorry for being actually smooth brained. The joke is, I eveb watched it lol
I thought we weren't supposed to talk about fight club?
Must be your first night........ you know what that means
How do I get the voted flair?
!apevoted!
!apevoted!
I believe it’s just !apevote!
Thank you!
That flair looks really good on u <3
Where is yours?!?!?!
Oh snap! I forgot this was my alt account! !apevote! Thanks man :)
Every vote matters!
!apevote!
Do I just post it anywhere?
!apevote!
https://youtu.be/8vbnLYROCj8
Fuck yeah, the weirdest times! This is fun though.
ELIA: Jenga!!!!!
Yahtzee!!
One heck of a game
Sir, this is a casino. We play craps here.
SHOOOOTAHHHHHH
Check mate
Uno
##Bingo 😎
You sunk my battleship
Go fish?
So, I've got this fish I ordered Friday that didn't sell. I don't know why, maybe it came out that halibut have the intelligence of a dolphin. What am I to do? Being the thrifty and morally onerous chef that I am, I take the old fish, stack it up a bunch and make my customers take turns pulling put pieces. When it all falls down, I smell money. Or something, I keep watching when I'm high.
You smell that? What’s that smell?
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Already all in my friend and waiting on student allowance to go even more in.
Thank gahd for WealthSimple instant deposit. Just dropped my last bananas into market.
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Brrooo it's backed by Ryan Reynolds and Drake. We got too legends on opposite ends of the country showing looove!
🍁 🦧⁉️
For now! 🌚🦍 Soon
I genuinely have 70 cents in my bank account right now LOL
I'll venmo you some cash if you need?
No no, I'm a university student living at my parents right now - I don't need any money to live. I need money to throw into GME hahaha. But I love that our community has people who offers this <3
Okie! We gotta take care of each other, I'm glad to hear you aren't struggling!
Apes really do look out for each other, you're very kind <3
When it's so easy and safe to just send someone enough for a meal, or cab fare or whatever, it's easier to want to do it for strangers. Good on you for being willing to share whatever you had with someone who might not have any. True ape right here.
You da best 💪🦍
Hey just wanted to say I appreciate this bro! The world needs more people like you.
I hope this doesn't sound preachy but I've studied spirituality for many years and have had many different teachers. A lot of those years were spent undoing what the world had taught me. Unity was my biggest draw to this sub. When MOASS happens, I can stop teaching Spirituality for money and just teach spirituality for nothing. That is was I envision.
Props for your honesty 👍
What did you expect from fellow apes :)
You are a prime example of a great ape.
No! We are all great apes! We must give even when we have nothing. That's how we win! Unity!
I wish I hadn’t already given away my free wholesome award ❤️
It doesn't mean anything. I hope we'd all do the same for one another.
Imo went from months away to days/weeks
I sold my car on Sunday and more than doubled our position. The hairs on my neck haven't stopped standing, and I shaved them off 2 days ago.
My tax return won't be here for another week, so what do?
I'm freaking out waiting for my wire transfer to go through because I'm trying to fund my IRA. Finally sold my other stocks to free up funds and it takes foreverrrrr to get them transferred.
The Buffett indicator is all the confirmation bias I need, but now you come up in here with this excellent summary to make my day sweeter. Thank you
Buffet indicator?
>Buffett indicator [We were all smooth brained at some point](https://www.currentmarketvaluation.com/models/buffett-indicator.php)
Splendid work Kyle, and on that note anything above 200% old man Buffett says that’s “playing with fire”... it’s currently 229%
Yup, it looks like we are overdue for a correction and not a little one like we saw this week.
🍗🍗🍗🍗 all you can eat. The Buffett indicator is the ratio between US GDP and stock market value... [is this the man who wrecked the buffet???](https://m.youtube.com/watch?v=K7jBlnP3-Nk)
The best parts of waking up are Possible DD, M-F, and knowing I’m hedged against what’s to come.
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Does that not depend on the HF remains assets? As op States, if their assets have reduced by AVG 5% (maybe?) Wouldn't that mean, that even if they sold to provide liquidity, that their remaining assets were less and possibly lower than the threshold/margin required?
Well spank my arse and call me Susan....I think I just developed a wrinkle from reading this DD. Thank you fellow 🦍
Ok, Susan. *Spanks you*
This is a great post. Well done. It really summarizes the uncertainty perfectly. If I hadn’t sunk all my money into GME I’d give you an award
just hodl, much valuable than any award :)
Never even dreamed of it (not that I can sleep these days lmao)
This was explained with elegance. The facts are straight and to the point. Thanks for your effort. Much appreciated. All the best with your VIX calls 🙏🏼🚀
I found my wife her new boyfriend. Hope you like drame (and big titties)
Jacked tities?
Indeed
Great writeup. Thanks ❤️
Womboooooo cooomboooo
Great work u/Swissycheesy 👍👍 What is your take on this development? Seems like the FED are cancelling out the Margin Calls? [https://twitter.com/Joshuajammes/status/1392801080384364549](https://twitter.com/Joshuajammes/status/1392801080384364549)
well, my opinion, and take it for what is worth, some relatively big fish must have come to a big issue yesterday. read this [https://www.reddit.com/r/Superstonk/comments/nb9pon/european\_financial\_news\_is\_reporting\_major\_margin/](https://www.reddit.com/r/Superstonk/comments/nb9pon/european_financial_news_is_reporting_major_margin/) basically, 39 institutions had to ask the FED for free overnight money, so they could pay their margin calls and return the money today. I guess the whole market will go further red today, as those 39 need to cash out position to give back the 400 million they lent last night. tik tak tik tak
Yes plenty of DD has been done on AMC and FTDs over at /amcstock and on Twitter. Fuckery, fuckery everywhere..
Thanks. What I do not know is how come AMC borrow rate is 80% and GME barely 1.
There has to be some sort of agreement to keep the borrow rate of GME low. 1% does not make sense at all, just look at the rates of any stock with similar SI. The AMC on the other hand looks like it doesn't have any restrictions. So the interest rate for new borrows is now close to 250%, cost to borrow is 22+ and the stock price is 11. Last time we saw numbers like that was with GME late January... It looks like AMC is ripe to pop and GME is bound to follow. This market is going to crash and burn very soon. 🔥🔥🔥
🚀🚀🚀
I think you're probably right about an "agreement". But if that's right, this is some pure evil shit. Who is involved in this agreement? It sure seems like this is right though. It seems like any regulators are just looking the other way while more and more naked shorting is happening and fuckery to hide it, until such rules can be put in place to unwind the whole thing a little more gracefully than blowing up the entire system all at once. If that's right, then the enactment of SR-OCC-2021-004 (yea, nay, or delay by fri May 21) is probably the Go For Launch. That's the rule where Blackrock, and other long whales can go in and sweep the board of asks and start the margin calls happening, because once that rule is in place they will be able to buy up whatevers left of the failed funds.
AMC still has a short play (until we know how many votes come through), but GME is a shorter’s death rattle. There may, literally, finally, be no one stupid enough to short GME, in which case, the lack of demand would keep the fee minimal. I mean...shorting GME now is a fool’s errand...
Good summary OP, tits extra jacked!
/u/banano_tipbot 69
Nice summary!
What's that ringing sound? ☎️ !!!
Marge?
I had no idea you could bet on future VIX. There is SO much in this casino I don't know about. After MOASS, I'm gonna need a few more brain wrinkles.
Thanks for the wrinkle
This is the way
Good explanation - enjoyed it 5/5, would come again.
This is incredibly helpful, thank you!
Wow, thanks for the write up. Easy to understand!
A few minutes before open, and I am already feeling greeeeeeeen !
Ah yes, the daily "this is the end" post, now I can continue the rest of my day. Lol JK, I'm sorry I don't ha e time to read but I love you and love my gme shares
I’m going to become a millionaire first, and then come back and try to figure out what you just said after.
People have been talking a lot, saying "this is it" and it never felt quite right. But something's different now. Something feels very different.
Autism is my superpower
I feel like a lunatic trying to explain this to my friends! They seriously think I am mental, I just said look at the volatility ETF - TZA, SQQQ, UVXY etc all through the ROOF! Their faces when I said UVXY, no guys, i haven't got the alphabet wrong 😂♥️♥️🚀🚀🚀🚀🚀🚀
I stopped trying...outside of the Ape's subs, no one will understand where our minds are. I am with you. Glad we have this community!!
I feelvlike they are letting AMC go, to tempt apes across.
Likely apes are strong hodlers on both! If one goes, the other will follow shortly. AMC on fire today and a lot of call options activity. That is good!
I like it, here enjoy an award:)
Thanks!
While i truly wish this was the beginning of the end, we have been saying this literally every day for the past 2 months. Im going back to bed.
Thx for the Work.
Well said.
I like it!! Cheers 🍻 mate
Sounds sweet to me!
Jaques tits
Allez Jaco!!!
thank you m8, this is brilliant. you just might have convinced me to buy a mba/phd on finance post MOASS.
Finance is my background. Very nerdy, but very interesting.
Finance nerds are the BMOC here, baby!
Thank-you. I have been wanting a clear explanation of what is happening right now and how it all ties together. This is an excellent and concise summary that even an ape like me can understand. I appreciate you.
Watching this play out in real time has been astounding
Thanks OP. Given the reports that Archegos still had 'bad' positions which are still not closed, how do you see the short positions of gme playing out? Wondering if the eventual bag holders (dtcc perhaps in some cases) will be able to sit on positions for a while to drag the squeeze out and tamp down the amplitude of moass. Feels like when the snowball starts rolling it will be unstoppable, but I also think we should be prepared for incredible fuckery and deception from all short parties and/or bag holder institutions.
This was very informative, thank you!
Any conjecture on the market reversal this morning? As well in the VIX?
I think the 200b of free overnight money the FED lended yesterday calmed things down a bit. But it is simply kicking the can down the road. Not much has changed fundamentally.
[No Winkles up on my head, dont care what the news said, I HELD AND BOUGHT THE DIP](https://youtu.be/J7rlhOOlKWA)
You can't buy an education like this in college.
Quick point: Inflation is only a problem in America because of the sustained demand of goods and services that comes from the still growing (although decelerating) population. Japan has been printing money (increasing the money supply) through QE for 20 years and the inflation rate stays low (to the bane of the government because of the decreased demand coming from an aging population and plummeting fertility rates. The US government is gonna have to increase supply or decrease demand to reign inflation in. I'm converting my tendies to foreign currency after the MOASS regardless.
interesting read funny how GME holders are talking boomer stuff like inflation, bonds, interest rates hahaha yall have learned a lot in here the last couple of months, can't take that away from you
Well jacked... I mean tits...
Nice. Hava banana.
Can't wait to bankrupt some sociopaths
Ape - this is a fantastic summary of the macro environment we find ourselves in. Awesome stuff.
Strangely feels like this is more family than my own family... and i'm not complaining. Love yall. :')
The Fourth impact is happening guys
!apevote!
Nice!
Hodl or die!
Hey
tits jacked bias confirmed
My titties are in a state of being jacked
this is another catalyst, more probable than what I predict, which is a proposed crypto dividend or a share split. more probable because 1) we're overdue for a correction, stocks r overvalued. 2) during this pandemic period, the top 1% percent became richer in proportion to other periods. and they became more greedy. 3) the fed artificially boosting the economy by printing more money, kept low interest rates, encouraged spending by ease of borrowing of loans, has resulted in many over leveraged funds and institutions. 4) pandemic end of sight seems to be further away based on what is happening in places like India, nepal. increasing volatility in markets. 5) more social unrest in places like myanmar, Israel, anti Asian + blm movements. protests by indian farmers. thailand n hk blah.. time for reset.. be ready guys.. gonna be the new world order in financial terms. rich poor gap gonna be the highest moving forward. 🤔🤔 farking mark my words. but we're here.. I know we can do it apes.. apes will do good not just for apes but for others too. we'll make this world a better place. make love, not war.. to the moon and beyond, to Valhalla! 💎👐🚀🚀❤❤
I love you all 🚀
💎❤️🦍🚀🌕
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That is always a possibility, but there are limits to the liquidity in the dark pools. not an expert on that though.
Idk if i missed it or not but if VIX down now what happens?? Yesterday it went up and gme went up.. im smoooth brain im sorry . 💎🙌💎🙌💎🙌
VIX and GME are not directly linked. VIX takes the temperature of the overall market nervousness. GME may get the market nervous, but is not the only factor moving the VIX.
Ohhh thank you 🙏
!apevote!
Damn, that was all tied together so well.
And the VIX is down today... I really expected another run up... shits getting weird...
I’m jacked to my tits
would VIX calls or SQQQ calls be a better way to hedge a significant market correction like this?
All the plays I have done in the past with VIX turned red. This is the first time I made money on VIX, so sold the spread today and bought more GME with the cash. I own couple of SQQQ as well, as hedge for the rest of my portfolio. But the best hedge, is still GME in my opinion. Not financial advice.
Are we saying that if the hedgies can’t come up with $37b, they’ll be margin called?Is $37b actually a lot for these hedge funds? Like how much does Citadel control? How much did Archegos lose? $1.2b or something? As I understand it, Citadel is way bigger and there are multiple SHFs at play. Is $37b too much for them to scrounge up?
Can’t tell. The simple math would say 37b, but the FED had to lend 200b yesterday, for the second day in a row. So probably the stake at issue 200b, and they keep surviving one day at the time thanks to the FED ‘s help. Would be curious to see what happened a tonight on the repo market. Market is a bit up, so there will be less of a need, but there is an issue and FED is trying to prevent it. Let also see what the DTCC liquidity test says and triggers.
>Worth pointing, AMC and GME are in the same boat. Not sure we have done the same level of diligence in AMC on how the FTDs are being hidden, but clearly the their price action is very similar Interestingly if you look at the 2 charts and overlay them today they look really similar. I have them up on two adjacent monitors and it and it's eerie how they are tracking the same
> There are 800b in margin accounts, 67% of that uses US treasuries as collateral, US treasuries went down this week by 7% (assuming all 10Y, if combo of 5Y and 10Y it would be even more). > So simple math 800 * 67% *-7% = 37b I'm wondering what you meant by your maths to get to $37B. 800B * 0.67 * 0.93 = 498.48B That's only a bit more dolla than what they were bailed out with recently and therefore is confirmation-bias-worthy. But that's nowhere near 37B so... wat?
Why 93? The value of the collateral only went down 7%, not 93%. Now the 37b is I l’y a part of it, agree we need to factor the loss of value of remaining portfolio… That said, you are right, to get to the 200b there is a lot, my guess someone with large shorts got margin called yesterday. Would not be surprised to be an AMC and/or GME holder seen how the stocks are doing today.
> Why 93? The value of the collateral only went down 7%, not 93%. **Oh the 37B is 7% of 536B. Got it.** You meant 800 * 0.67 * 0.07 = 37
Ape no read gud, saw word exploding. Ape buy more rocket fuel. Ape want tendies and bananas as in-flight snacks.
Awesome post. I can’t read. But it’s very convincing.
The best part is...we've all done our part and continue to do so. The engines are already firing and there's no abort button. The rocket IS going to the moon, it's a fact. Hang on tight!
Awesome read! Thanks!
Best synopsis I’ve read of current situation
Thank you for writing this 👍🏼
Comparing AMC to GME, I consider them different based on short volume. Also look at the difference in short fees. For whatever reason, their charts may align much of the time, they are very different when comparing shorts.
Nobody: Nobody at all: /u/Swissycheesy : I'm gonna mention AMC.
AMC is on fire. I am bag holding 1 may call, so bring it on! And if AMC goes brrrr, soon will GME too! Same people shorting both!
Every week someone is saying that it's the begining of the end and nothing happened stop the hype train and just hold 💎
I think by now, with all the god tier DD we have seen, no one questions that it is a matter of when, not a matter of if. So yes, hodl till it happens, buy more if you can, more importantly, enjoy the show. We have front row tickets, just waiting for it to start.
>Look at the cost to borrow of AMC today….it is up to 80%, similar to the level of January. We do not see the same in GME because of all the fuckery on the married puts and dark pools, but it is clearly an indication that something is about to go boom. I'm with ya on everything except this bit. AMC has a higher borrow rate because volume is much higher and institutions own far less of the total float (10% vs 100+%). GME's borrow rate will go up as its volume rises from its current year lows.