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A picture of a short squeeze in progress...

Goldhedge

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And the squeeze continues


Screen Shot 2021-03-09 at 10.09.27 AM.png
 

Ensoniq

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This thread needs music

 

DodgebyDave

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Back over 200......I bought 100 shares at 90........gonna ride it to Rome or ruin!
 

Unca Walt

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Girls have... squoosh.
 

arminius

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Voodoo

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Sorry I like that bounce almost as much. Charts look so similar but what broke out from ~$45 last time was $145-150 this time. Can anyone tell me what $370-483 x Three equals...:reading: :dancing guy:dancing guy:dancing guy



Around $1,111 (great vortex math number) to $1449.
 

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Things are getting Curious again. LOTS of option activity at the highest priced calls. And they are being bid above lower price levels. The last time I noticed this it was blast off time very soon. I thought this was really newb investors from Robinhood before but I think that was an incorrect assumption. This is someone trying to light a gamma squeeze ignition. Note that the stock was down 3% today.

Big Volume in the April 16, but not much inversion

1617834712175.png


And the April 30 exp

1617834980684.png
 

Goldbrix

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Things are getting Curious again. LOTS of option activity at the highest priced calls. And they are being bid above lower price levels. The last time I noticed this it was blast off time very soon. I thought this was really newb investors from Robinhood before but I think that was an incorrect assumption. This is someone trying to light a gamma squeeze ignition. Note that the stock was down 3% today.

Big Volume in the April 16, but not much inversion

View attachment 206969

And the April 30 exp

View attachment 206970
I guess they do not see enough action from the TBTF Banksters manipulating the paper markets. Go back to easy picken's.
 

ABC123

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1624420374537.png

HUGE
New short squeeze rule takes effect tomorrow.
Hedge funds could start dropping like flies soon.

https://tokenist.com/new-nscc-rule-change-poised-to-end-the-short-squeeze-saga/
 

Unca Walt

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It would appear Citadel is one of the greatest sinners. They be gonna have trubble shorting.
 

Voodoo

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View attachment 215259
HUGE
New short squeeze rule takes effect tomorrow.
Hedge funds could start dropping like flies soon.

https://tokenist.com/new-nscc-rule-change-poised-to-end-the-short-squeeze-saga/

End? Hahaha, I think he meant trigger. Lots of new regulatory rules have been coming on-line. This naked shorting has been a GIANT problem / windfall for the cheaters.
 

Voodoo

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It would appear Citadel is one of the greatest sinners. They be gonna have trubble shorting.

Yep, it really appears like they have been a major player and earned the name Shitadel.
 

Uglytruth

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Kinda brings a tear................. FROM LAUGHING SO HARD! :laughing:


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Hedge fund that bet against GameStop shuts down White Square move marks one of first closures of fund hit by surges in so-called meme stocks Retail investors, often co-ordinating their actions and in some cases targeting hedge fund short sellers, drove up the price of stocks such as GameStop © Spencer Platt/Getty Images Share on Twitter (opens new window) Share on Facebook (opens new window) Share on LinkedIn (opens new window) Save Laurence Fletcher in London YESTERDAY 85 Print this page A London-based hedge fund that suffered losses betting against US retailer GameStop during the first meme stock rally in January is shutting its doors. White Square Capital, run by former Paulson & Co trader Florian Kronawitter, told investors that it would shut its main fund and return capital this month after a review of its business model, according to people familiar with the fund and a letter to investors. White Square, which at its peak managed about $440m in assets, had bet against GameStop, say people familiar with its positioning, and suffered double-digit per cent losses in January. The move marks one of the first closures of a hedge fund hit by the huge surges in so-called meme stocks. Retail investors, often co-ordinating their actions on online forums such as Reddit’s r/WallStreetBets and in some cases deliberately targeting hedge fund short sellers, drove up the price of stocks such as GameStop and cinema chain AMC Entertainment in January and again in recent weeks. GameStop, for instance, soared from less than $20 at the start of the year to more than $480 at its January peak. That led to big losses for some funds, including US-based Melvin Capital, run by Steve Cohen protégé Gabe Plotkin, and Light Street Capital, run by Glen Kacher, a former Tiger cub who worked at Julian Robertson’s Tiger Management. However, the funds remain in operation, and shortly after its losses Melvin received a $2.75bn investment from Cohen’s Point72 Asset Management and Ken Griffin’s Citadel. “The decision to close down is related to thinking the equity long-short model is challenged,” said Kronawitter. “There are way too many fish in the pond with the same strategy of long-short,” he added. “The traditional edge is being arbed away [eroded by other investors], there’s an oversupply of capital.” A person close to the fund said the decision to shut was unrelated to the meme stock rally. The fund quickly rebounded in the wake of January’s turmoil and made back “a fair share” of the losses, the person added. Among other funds hit, Melvin was still down about 44.7 per cent this year to the end of last month, while Light Street was down about 20.1 per cent. Kronawitter, who previously worked at US billionaire John Paulson’s hedge fund and Merrill Lynch, had made double-digit gains at White Square in 2015 and 2016, said a person who had seen the numbers, while last year it made about 19 per cent. In the investor letter announcing the fund’s closure, White Square said that last year, despite that year’s strong performance, two large investors had opted to withdraw their cash and put it in cheap passive funds or private equity. “We experienced first-hand the shift in trend away from hedge fund investing to cheaper alternatives,” it added. According to the letter, White Square had been due to receive investor inflows again in May this year, but instead decided to shut the fund. “The arbitrage opportunities have diminished with both the onslaught of capital caused by central bank monetary interventions, as well as much improved dissemination of information, bringing up the question to what degree the same fees can be justified,” it said.
 

Voodoo

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Stuff we mostly knew but still interesting. Citadel is deeply involved with the FED and paying speaking fees to The Bernanke and Yellan.

 
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Voodoo

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Stuff we mostly knew but still interesting. Citadel is deeply invoved with the FED and paying speaking fees to The Bernanke and Yellan.


And it's Gone.... Kinda forgot what I even posted. Well this video is even more interesting. IS Bloomberg sending out Secret cheat codes via their terminals? Now that would be something. And explain why people would pay exorbitant prices for those stupid things.

 

Unca Walt

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OMIGAWD.
 

Voodoo

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This video is also only 5 minutes and really is the best explanation of the Reverse Repo and AMC problems.


I've overlaid an AMC graph as well. Wow, this really does correspond quite nicely. Note the Repo's started Tue May 18 (probably Monday night business). Which is where AMC threatened to break $14 again but did have a couple more down days and then took off. I think this guy is really on to something here. Which means that the Meme stocks caused Whales to add $1 Trillion at least to their bank accounts? WOWSER...

1625091209843.png


AMC May.jpg
 

Voodoo

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Bumping this as this is a Very interesting video and these squeezes are still potentially a go.

Bottoom Line: ALL of this may point directly to JEFF BEZOS and AMAZON. Shorting their competition to get rid of them or buy them out cheap. And this makes more sense if you go back to one of the oldest and most famous companies destroyed by naked shorts, Overstock.com. Hmm what business were they in and clearly ahead of way back when, yep Amazon.

 
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Voodoo

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Stuff we mostly knew but still interesting. Citadel is deeply involved with the FED and paying speaking fees to The Bernanke and Yellan.


Just ran across this random video. VERY INTERESTING.... Citadel offices are being packed up LAST night Friday night.

 

Brio

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Just ran across this random video. VERY INTERESTING.... Citadel offices are being packed up LAST night Friday night.

Ruh roh Scooby...
 

Unca Walt

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Sumbody 'splain to the resident dumbass what this means, please?
 

BigJim#1-8

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Brio

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Sumbody 'splain to the resident dumbass what this means, please?
General consensus is Citadel is moving their office to NY. Let that sink in. What viable business moves their office to NY?
This is GTFO now, close up shop, shutter the windows ('cept they didn't) those aren't IT they're movers. That's what I'm getting from it dyodd though.
 

TAEZZAR

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Buck

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that move is probably costing us taxpayers a lot of money
 

Goldbrix

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It could be something as simple as down sizing ( he said they have 6 floors) or equipment update.
I did a moonlight job with a Tech friend at an Edward Jones over a weekend. We changed out CPUs , monitors and cables. COB Friday Night until 4am Saturday. These are obviously contracted workers w/ Cit. supervisors.
Could be something, Could be nothing but updates, and remodeling.
 

Voodoo

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It could be something as simple as down sizing ( he said they have 6 floors) or equipment update.
I did a moonlight job with a Tech friend at an Edward Jones over a weekend. We changed out CPUs , monitors and cables. COB Friday Night until 4am Saturday. These are obviously contracted workers w/ Cit. supervisors.
Could be something, Could be nothing but updates, and remodeling.

Why would you make a major move in the middle of a night? Unless they've already set up the new site and they are just disappearing as quietly as possible. Plus, they are clearing out at least 3-4 floors of most everything, but you are correct it could be something more benign. But with everything else going on right now and the stuff I've seen with the short squeeze stocks and new rules coming on line, it seems to be pretty big news under the surface.

For instance, we had the SEC chairmen questioning payments for order flow which is a major key to Citadel's business model.

 

ttazzman

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When else would you start a major business move but Friday night.....I have literally seen hundreds of businesses start their move after business on Friday and relocate and open up on Monday morning....
 

DodgebyDave

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TAEZZAR

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When else would you start a major business move but Friday night.....I have literally seen hundreds of businesses start their move after business on Friday and relocate and open up on Monday morning....
Is there any other way, that make sense ? :don't    know2: :2 thumbs up:
 

davycoppitt

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When else would you start a major business move but Friday night.....I have literally seen hundreds of businesses start their move after business on Friday and relocate and open up on Monday morning....
Also see this all the time. Allot of large buildings have noise restrictions from 7-5 during the day as to not disturb other tenants. We often do HVAC work at night for double time because of this. Easy money.
With work from home I see this happening in almost every building.
 

Voodoo

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Thought I'd post an update. Apes are figuring out this game pretty darn quickly. Many have started realizing just how rigged, and how it is done, and are now moving their shares to DIRECT Registration. This bypasses the entire DTCC clearing system that technically owns Almost all of the stock market. Many are moving to ComputerShare.

https://www.reddit.com/r/Superstonk/comments/q3vg52
and a good post in that thread

https://www.reddit.com/user/ArtigoQ/

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The true irony is that Gamestop was a bear trap for the SHFs. Cellar Boxing simply doesn't work on a company with a healthy warchest, a rabid fanbase, and no debt.
Massively overshorted stocks can in theory turn that short position into their greatest asset. It just hasn't ever worked out like that because how do you beat an adversary with near-infinite resources and the entire media apparatus at their disposal?
The text book written on this time period is going to be incredible. A true grassroots movement overturning the established power structure without violence.
This is the best timeline.
 

Voodoo

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Lots of people on Superstonk also having mega problems with TD Ameritrade. It appears that many of these brokers DON"T actually Buy anything. They just put a note on your account making a note of supposedly buys and price. People are having problems transferring away from TD Ameritrade because they didn't actually buy the positions.

This is what I suspected had happened with RobbingHood. They were just giving away free IOU's and never actually buying anything.
 

Unca Walt

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Lots of people on Superstonk also having mega problems with TD Ameritrade. It appears that many of these brokers DON"T actually Buy anything. They just put a note on your account making a note of supposedly buys and price. People are having problems transferring away from TD Ameritrade because they didn't actually buy the positions.

This is what I suspected had happened with RobbingHood. They were just giving away free IOU's and never actually buying anything.
Good Lord. I never knew about that.
 

oldgaranddad

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Thought I'd post an update. Apes are figuring out this game pretty darn quickly. Many have started realizing just how rigged, and how it is done, and are now moving their shares to DIRECT Registration. This bypasses the entire DTCC clearing system that technically owns Almost all of the stock market. Many are moving to ComputerShare.

https://www.reddit.com/r/Superstonk/comments/q3vg52
and a good post in that thread

https://www.reddit.com/user/ArtigoQ/

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ComputerShared
The true irony is that Gamestop was a bear trap for the SHFs. Cellar Boxing simply doesn't work on a company with a healthy warchest, a rabid fanbase, and no debt.
Massively overshorted stocks can in theory turn that short position into their greatest asset. It just hasn't ever worked out like that because how do you beat an adversary with near-infinite resources and the entire media apparatus at their disposal?
The text book written on this time period is going to be incredible. A true grassroots movement overturning the established power structure without violence.
This is the best timeline.
How much do you want to bet that the rules will be changed by the exchanges that only large blocks of stock can be directly registered so the farce can continue and the muppets can be left holding the bag for the big bankers?
 

TAEZZAR

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How much do you want to bet that the rules will be changed by the exchanges that only large blocks of stock can be directly registered so the farce can continue and the muppets can be left holding the bag for the big bankers?
That is always the way it goes ! :2 thumbs up: :Grrr::Grrr::Grrr::Grrr::Grrr:
 

Goldbrix

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