About GME, KOSS, AMC, BB

[MaroonOil]

https://www.reddit.com/r/GME/commen...urce=share&utm_medium=ios_app&utm_name=iossmf

Shooting for March 19th. Godspeed if you are in on this roller coaster. Don’t spend more then don’t have.

Hail State & 17 Ole Miss & 17 the FUD(fear, uncertainty, doubt) spreaders.

 

[Jeffreauxdawg]

Oh hello I’m back again!

To help you all out. Again, I have made mega money on GME(6 digits) & will make a lot in AMC on Monday.

Awesome for you!!!

I'm other news, I wanted to let everyone know that I have a 10" dong. It's true!!

 

[MaroonOil]

Sorry sir, I’m only a 6’inch baddie. Not what you have but how you use it, duh!

I’m also addicted to money, I work in the oil industry & day trade. Is what it is.

 

[fishwater99]

I don’t see the short squeeze on AMC happening.

 

[MaroonOil]

This Monday will be interesting for AMC. 15 million shares have to be bought back, that will raise the price easily.

It could trigger panic buying lol which I didn’t even think was a thing but it is.

After that goes through, I expect the price to be manipulated down. The manipulation of these two stocks is something I have never ever seen in my 12 years of trading. There have been days of volume that defies logic on price movement. That is when I know this thing will be over. When both of these stocks are functioning normally. They still are not & the play is ongoing.

I watch the buy & sell orders all day on both stocks.There are massive hedge fund or institutional investor sell walls that happen at the same massive amount of shares & three orders I have noticed get put in at exact times. Then we see massive buy orders to break these walls.

What I’m hearing on the street from a friend of mine is few hedge funds are on the hook & other hedge funds are jumping on them. The shorts have to get real shares & are doing everything they can.

These prices have to be kept low, other then obvious reasons which I won’t get into.

What I have noticed is, when GME/AMC start running up, I’m guilty of it as well. People jump back in for quick profit & ride it out. This isn’t anything new or special except in this case the volume buy orders are off the charts

 

[Jeffreauxdawg]

GME and AMC are not going to get short squeezed from here on out. Maybe a bunch of call covering. With this amount of float, hedge funds and algorithms can get short and long again quicker than retail investors can enter a market buy order.

Here is a little data from a service I subscribe to. Real time short interest on GME.

View attachment 19600

Less than 25% of what it was in January before the squeeze. And not in the top 10 of shorted stocks right now.

Now AMC. AMC isn't in the top 50 of shorted stocks at this point.

View attachment 19601


At this point if you are playing in this world it's comparable to being in a lake full of battleships on a pool float. Most of the money made from here on out will be by hedge funds and most lost will be by retail investors... But as long as you know you are at the poker table with the pros, have fun and good luck.

I'm going to be over here licking my wounds from a tough week for growth and tech stocks.

 

[MaroonOil]

They still haven’t covered in the short term because they can’t unless they are long or hedging. Go look at the ETF they are shorting holding the retail GME. Go look at XRTs numbers. They are also shorting every ETF that has GME, what a coincidence? (You can’t squeeze an ETF btw incase anyone doesn’t know) it is also my professional opinion some big wigs from GME & other market makers conspired in all this from the start. I say that because it was so historically overshorted, once they bankrupted GME, they wouldn’t have paid taxes on the gains with a *whistle* certain filing there.

Anyways, The short interest picked back up Friday.

GME is about to go on a organic bull run as March is always great, well Saint Patrick’s day for the markets anyways. GME earnings are going to be great & they are appointing a new CEO. Automatic bullish activity.

With the new GME spike, hedge funds lost 1.9 billion last week.

For whatever reason, people keep shorting GME, as those shares are usually running out on certain brokers & the rates are at 300% to borrow. We already know it got reshorted on the way down, aka 1.9 billion loss last week.

The biggest indicator to me right now is the Delta data in Options. Over 25 million contracts on the books for a certain date *cough*. Why on gods green earth do they need that many contracts for a select date? It is because they are holding so many shorts & have to hedge big time.

Again, the interest rate went back up on GME last week(which isn’t enough to trigger the squeeze) but the real monster is in the XRT. Options Calls are really telling us where this is going. I got 1000 shares @ 45 in GME & 1000 in AMC @ 3.50 incase you were wondering. Enjoying the hell out of all this. All my buys at 342 are in the green with all the averaging down & dip buying. I’m also loading up on Calls & Puts & now playing it both ways. These two stocks are cash machines right now if you know what is going on & how to play it.

When the XRT price rebalances, we might see some wild stuff. Which oh btw, those massive Call Options orders are on the XRT price readjustment date. *whistles*

 

[Jeffreauxdawg]

Dude. Get out of the message board rabbit holes. XRT is at its lowest short interest in a year. There is no secret short. Hedge funds buy up tons of shorts in etfs to "HEDGE" against long positions in single stocks. That's how they hedge. GME has gone from 3 to 25% of XRT because of the pump/squeeze. You can see when XRT got shorted because of GME. In January.


XRT SI... Real time.

View attachment 19610

 

[TheStateUofMS]

Ha I just turned 32

 

[TheStateUofMS]

You can "learn" to buy low and sell high on any stock. If you go look at options on GME it's not at all normal. If you're trying to take your knowledge from GME options and apply it to other stocks, you'll lose 99% of the time.

99.999999% of the time $125 out of the money calls aren't selling for eye popping premiums 1-2 days to expiration like GME is.

That's right when GME was trading just under $100, the $225 calls were selling for $5.15 two days to expiration. Of course they expired worthless.

 

[MaroonOil]

https://twitter.com/ihors3/status/1364320869858820100?s=21

They can cover shorting the ETF & it is course what they are doing, it is just costing them a little more. It is a disguising move for SI. Look how shorted that XRT is. Give me a break if you think that is normal, it is the craziest thing I have ever seen.

It is just up to the MM on said ETF to continue to hand out shares. SEC is reactionary now like the rest of our government.

These people are still way short & refuse to cover. Do I blame them? No, but both sides are dug in now, the shorts are losing millions a day & I’m gaining playing both sides of the field. I feel bad for retail but they are holding the line & so are my shares.

A natural bull cycle is coming to GME in March, to a tune of 3 events: hearing with DFV, earnings & new CEO. We are going to see it all play out.

 

[TheStateUofMS]

I'm not defending Robinhood. I think it's ridiculous a lot of what they do, but they literally had a liquidity crunch. They were going under had they not done what they did. Most of this is about market makers and how clearing works. It wasn't about sticking it to the little guy. If Robinhood had gone under, then that good old SIPC insurance would have been in the news again. I think Robinhood going under would have been worse for their customers overall.

 

[jethreauxdawg]

I couldn’t resist the gamble.

I bought Friday and just sold for 10% gain. 615, where you at? We rich! Which recruit should I call first?
My huge profit was on AMC, so maybe I’m supposed to join a different country club than 615. I’m not sure how this works.

 

[TheStateUofMS]

GME will go back to below $50 in the long run. They had -30% rev growth in a business that is going gangbusters otherwise: video games. They have over 5,000 stores.

Don't overstay your welcome.

 

[TheStateUofMS]

^^^What he said.


Once folks start saying "gamma," you know they're message board warriors.

He's also not really day trading. Day trading is when you have no longs at the end of the day. He just said he's holding and not selling.

This is going to end badly....again.

 

[MaroonOil]

I have broke my fundamentals on this short play, I admit that. Focus on the play, just trying for a squeeze. Jumping in & out is no big deal on any regular security. The situation is still far from regular.

The speculation may be that GME is worth 50-60. Again, speculation, no one knows but if this new CEO comes in & does a great job. Who knows

 

[johnson86-1]

I'm not defending Robinhood. I think it's ridiculous a lot of what they do, but they literally had a liquidity crunch. They were going under had they not done what they did. Most of this is about market makers and how clearing works. It wasn't about sticking it to the little guy. If Robinhood had gone under, then that good old SIPC insurance would have been in the news again. I think Robinhood going under would have been worse for their customers overall.

Yea, I don't know much of anything about the plumbing for stock trading, but that was a hell of a convincing story for them to come up with after the fact. I tend to think it was mostly true.

 

[TheStateUofMS]

There is no fundamental case for GME above $30-$40. Make it for me.

 

[mstateglfr]

I have broke my fundamentals on this short play, I admit that. Focus on the play, just trying for a squeeze. Jumping in & out is no big deal on any regular security. The situation is still far from regular.

The speculation may be that GME is worth 50-60. Again, speculation, no one knows but if this new CEO comes in & does a great job. Who knows

Since we are speculating, why not $70? Why not $90?
Guessing based on a CEO coming in and possibly turning **** into gold is fun...so why not guess higher? Its as logical as guessing only $50-60.

 

[patdog]

Word of caution to the day traders and speculators. I know a guy who made over $1,000,000 day trading one year back in the heyday of the early to mid 2000s. He lost over $1,000,000 the next year. He's out of day trading.

 

[MaroonOil]

It is simple securities, you don’t have to get washed or lose. I always drop out at a 4-6% jumping on movers when I decide I want to trade. I trade on my terms & market conditions I want only. A lot of times, no need to be in on a stale or bad day, unless you are a bear, which I’m not.

Anyways, these short plays are grueling & way super risky & exposed, BUT in my opinion, the cause Reddit has made is valid.

The SEC back in the day would have stopped this already. How the mighty have fallen.

Edit: if you didn’t buy Disney in the 100s last year, I’m sad for you.

 

[TheStateUofMS]

I'm in DIS but not that low. I did better in SAM, CMG, APHA, DKNG and PYPL though.

 

[MaroonOil]

Nice, I bought massive amounts of DKNG, no brainer since states keep legalizing that gambling platform. The tax revenue from all that is too enticing to our government. The same will be for marijuana as well. Especially when the millenniums get into power. I just don’t know the winning horse to pick, other then the obvious. Few of them cannabis stocks have too much debt & bad strategy.

Big in UBER, DASH, SKT, ABNB, VLO, MPC, BA & SIX. I scrapped all of those dips, as I knew everything was going to recover & if it didn’t then all hope was lost lol. Airlines will be back too, so whatever.

Roblox is going to be a nice money maker IPO come March 10th along with a rumored StarLink.

 

[TheStateUofMS]

I think once US legalization occurs the Canadian operators may not be the best play on it. I do own APHA which has big international presence and bought Sweet Water Brewing in Atlanta, so they do have a US footprint, but there may be better plays.

Uber is interesting. DASH valuation is too rich for me. I think ABNB should be good. I bought IPO day and sold for a little gain few weeks later. I'm not in any oil plays. Those are trades are far as I'm concerned other than CVX. Portfolio managers will be putting less and less of those type stocks in their funds going forward, so they'll become more and more an income play rather than a growth and income play.

Roblox sounds interesting never heard of it. ATVI has done well and I think has a great future.

SKT is good and Simon Property Group. BA will survive bc they have to and is a cash machine once they get their woes behind them. Stock already moved a lot.

Never studied SIX. Do they have anything other than theme parks?

 

[fishwater99]

https://www.cnbc.com/2021/03/01/bitcoin-btc-is-at-a-tipping-point-citi-says.html

Citi thinks bitcoin is at a “tipping point” and could one day “become the currency of choice for international trade” as companies like Tesla and PayPal warm to it and central banks explore issuing their own digital currencies.
“There are a host of risks and obstacles that stand in the way of Bitcoin progress,” the U.S. investment bank’s global perspectives and solutions team wrote in a note Monday.


“Bitcoin’s future is thus still uncertain, but developments in the near term are likely to prove decisive as the currency balances at the tipping point of mainstream acceptance or a speculative implosion.”

 

[MaroonOil]

I bought SKT & SIX when they were in single digits.

Mostly grabbed industries I knew would be back last March. Roblox another cash making gaming industry outlet.

GME can be higher then 30-40 if the new CEO creates more brand loyalty. (Which this new CEO coming in did at Chewy) As well as being more competitive in high cost gaming in PC parts. If they get really heavy into professional gaming(eSports), I see major opportunity if that gets pulled off right. My kids consoles cost like 2-400 dollars. My gaming PC cost me 6000 & my work & trading PC cost are nothing.
I give GME a 20% to be a 50-60 dollar price target on the right leadership. The gaming industry is a cash cow & very strong.

Edit: the call buying on GME for March 19 was not retail money at all. Yes, options movement usually means nothing, relatively speaking of course. The power of the internet & the situation going on has really exposed some bad practices & blowback MM & big money nor I could’ve forseen.

 

[fishwater99]

Some good info on SPAC's.

<header style="font-family: TDASansDisplay, helvetica, arial, sans-serif; font-size: 12px;">[h=2]'SPACS Attack' Weekly Recap: Looking Back At 11 Deal Announcements, New SPACs To Watch And Headline News[/h]10:28 am ET February 27, 2021 (Benzinga) Print
</header><section style="overflow-x: auto; max-width: 757px; width: auto; overflow-wrap: break-word; font-family: TDASansDisplay, helvetica, arial, sans-serif; font-size: 12px;">The stock market brought several SPAC merger announcements, rumors and headlines throughout the trading week, as we covered on Benzinga’s "SPACs Attack" show.
Here is a look back at the deals announced, some new SPACs to watch and top headlines.
SPAC Deals

• Additive manufacturing leader Markforged announced a SPAC deal with One (NYSE: AONE). The company counts Microsoft Corporation (NASDAQ: MSFT) and Porsche as investors and has a list of blue chip customers. Markforged had revenue of $70 million in fiscal 2020 and sees revenue growing at a compounded annual growth rate of 68% from fiscal 2021 to fiscal 2025.
• Reinvent Technology Partners (NYSE: RTP) announced a merger with urban air mobility company Joby Aviation. The company’s eVTOL aircraft is planning to launch passenger service in 2024, targeting high urban traffic areas. Joby Aviation acquired a portion of Uber Technologies’ (NYSE: UBER) business and will partner with them on passenger service.
• Robotics and automation solutions company Berkshire Grey announced a merger with Revolution Acceleration Acquisition Corp (NASDAQ: RAAC). The company has a pipeline of $1.7 billion in deals, including several blue chip customers. The company’s backlog represents 85% of fiscal 2021 guidance of $59 million and 40% of fiscal 2022 guidance of $119 million.
• India’s largest renewable energy company ReNew Power is going public in an $8 billion deal with RMG Acquisition Corp II (NASDAQ: RMGB). The company has over 100 operational utilities in wind and solar energy. ReNew Power is the 12th largest global clean energy utility by capacity in the world. The company is projecting revenue of $699 million in fiscal 2021 and $952 million in fiscal 2022.
• Battery company Enovix announced a $1.1 billion SPAC deal with Rodgers Silicon Valley Acquisition Corp (NASDAQ: RSVA). The company is targeting markets like laptops, land mobile radio, smartwatches, augmented reality and virtual reality with its batteries. Enovix is projecting revenue of $176 million in fiscal 2023, the first year of its factory production ramp-up.
• The highly anticipated merger announcement came this week from Lucid Motors and Churchill Capital Corp IV (NYSE: CCIV). The deal valued Lucid Motors at $11.75 billion based on the $10 offering price. A $2.5 billion PIPE (Private Investment in Public Equity — a way to attract investment from accredited investors) saw investors value the company at $24 billion with shares priced at $15. The electric vehicle company is planning to bring the Lucid Air luxury car to market later in 2021.
• Trident Acquisitions Corp (NASDAQ: TDAC) announced a definitive agreement to take Lottery.com public via SPAC. Lottery.com is projecting revenue of $71 million in fiscal 2021 and $280 million in fiscal 2022.
• Apex Clearing is merging with Northern Star Investment Corp II (NYSE: NSTB). The merger values Apex Clearing at over $4.6 billion. The company is estimating revenue of $290 million for fiscal 2021.
• Xos Trucks, a commercial electric vehicle company, announced a $1.5 billion SPAC deal with NextGen Acquisition Corp (NASDAQ: NGAC). The company has minimal revenue projected until fiscal 2022 when it expects to see revenue of $271 million.
• Outpatient physical therapy company ATI Physical Therapy announced a SPAC deal with Fortress Value Acquisition Corp II (NYSE: FAII). The company saw revenue decline 25% year-over-year to $591 million in fiscal 2020 due to the COVID-19 pandemic.
• Data center company Cyxtera announced a SPAC merger agreement with Starboard Value Acquisition Corp (NASDAQ: SVAC). The company has 61 data centers in 29 markets around the world. Cyxtera had revenue of $690 million in fiscal 2020.

Related Link: 9 Key Takeaways From The Lucid Motors SPAC Merger
SPAC Rumors

• Bloomberg reports Vision+, the Netflix Inc (NASDAQ: NFLX) of Indonesia, is in talks to merge with Malacca Straits Acquisition (NASDAQ: MLAC).
• IndiaTimes reports online grocery store Grofers in in talks with several SPACs including CF Acquisition Corp IV (NASDAQ: CFIV) for a possible deal to go public.
• Metal mining company DeepGreen Metals is in talks to merge with Sustainable Opportunities Acquisition Corp (NYSE: SOAC).
• DMY Technology Group Inc III (NYSE: DMYI) is in talks with quantum computing company IonQ on a possible SPAC merger.
• New SPACs: Kensington Capital Acquisition Corp II (NASDAQ: KCACU) units began trading on Friday. The SPAC is from the same team that took QuantumScape Corp (NYSE: QS) public.
• Fusion Acquisition Corp II (NASDAQ:FSNBU) units began trading on Friday. The team also has a pending merger with MoneyLion through its previous SPAC Fusion Acquisition (NYSE: FUSE).
• Soaring Eagle Acquisition Corp (NASDAQ: SRNGU) raised over $1.5 billion in an offering last week. The SPAC comes from Harry Sloan and Jeff Sagansky, the same team that took DraftKings Inc and Skillz Inc (NYSE: SKLZ) public.

Headlines

• Lion Electric and Proterra both signed electric bus deals during the week, which helped shares of their respective SPACs. Lion Electric, going public with Northern Genesis Acquisition Corp (NYSE: NGA), signed a deal with the Los Angeles School District. Proterra, going public with ArcLight Clean Transition Corp (NASDAQ: ACTC), signed a deal for 1,200 electric school buses over 10 years for a school district in Maryland.
• Fisker (NYSE: FSR) made headlines several times during the week. The electric vehicle company announced a new partnership with Foxconn. Fisker also reported fourth quarter earnings where it highlighted 12,467 reservations for the Fisker Ocean electric SUV.
• On Friday, former SPAC DraftKings Inc (NASDAQ: DKNG) reported fourth quarter revenue of $322 million. The figure was up 146% year-over-year and came in ahead of the Street consensus estimate of $233 million. DraftKings raised its full fiscal 2021 revenue guidance to a range of $900 million to $1 billion.

Be sure to tune into SPACs Attack, Monday through Friday, 11 a.m. EST. Below are links to the past week’s shows:

• Monday: Best SPAC Stocks Trending
• Tuesday: Faraday Future CEO Interview
• Wednesday: Ree Automotive CEO Interview
• Thursday: Top SPACs For 2021 Update
• Friday: Buy the Dip?

Disclosure: Author is long shares FSR, FSNBU, RTP, RMGB, CCIV, RAAC, SRNGU, SOAC and NGA.
Photo courtesy of Joby Aviatio
</section>

 

[UpTheMiddlex3Punt]

I YOLO'd into SRNGU last week when it was under 11 dollars. I figure it's at worst a break even opportunity with the post-split arbitrage. If the deal is as good as SKLZ or DKNG the upside is fantastic.

I'm hanging with my CCIV warrants even though they got killed last week. I got in so low that I will still turn a great profit on them.

 

[mcdawg22]

Ha I just turned 32

I probably should have put some ******* behind that.

 

[MaroonOil]

I got into SIX, SKT because I knew the demand would be back after all the lockdowns. Same theory i used on actually investing on casinos too.PENN & MGM, I got into PENN after they announced their big news last year. Hell I forget but it all worked out lmao I got in at 7 something.

Anyways, altcoins & BTC are the future. Even though they can collapse, a new one will pop up. The best coins can not be controlled from their source & that is 100% needed to hedge against governments with over authoritarian actions & regular currency.

I have a lot of BTC & ETH. The more BTC gets accepted, the more players like Tesla & Visa buy real physical amounts of it to serve against their customers base & needs. BTC will easily hit 100k & soon if Apple & Microsoft accept it. It is just a matter of time.

I farmed BTC in Cresswell Hall years ago LOL

Edit: I wanted to be a Hawthorn Hustler like my older brother but it never happened. Sigh