Cheaters with more power and influence win
$AMC Entertainment(AMC.US$ $GameStop(GME.US$ Don’t get mad at me for pointing out truth. SEC ain’t going after institutional market participants ever. This action taken is directed at officers of publicly traded companies. unless the company itself is a $Morgan Stanley(MS.US$ or $Citigroup(C.US$ aka a financial institution, these people SEC going after are not hedge fund people. it appears this is going to be their facade of laying blame on people outside the insider financial kingdom. He’s basically implying to the public that the minor in the overall scheme of the market, the practice of Employees purchasing their company’s stock is a main issue causing market disruption and manipulation. Hedges will be protected. They will continue to manipulate and cheat. you can’t win against that. best of luck
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I block accounts with no name, pic, trading history or posts that try to follow me. Sorry hedges
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AlphaWolf01 : I smell desperation, short positions have not closed, thanks for showing us how misguided you are.
LaPlasita AlphaWolf01: lol was about to say that
who cares they haven't covered we'll see what happen till then this is all talk.
AlphaWolf01 LaPlasita: Closed will be ideal, covering happens everyday cause of traders. Closed means they completely clear their short position.
LaPlasita AlphaWolf01: you can't cover synthetic. they just keep piling up.
Mike HuntOP AlphaWolf01: It’s really a tragedy if you are mistaking just a regular retail as some master hedge fund operator trying to orchestrate a propaganda campaign. I really don’t care whether you specifically make a personal choice to buy or sell or do whatever. I don’t have a position because the implied volatility on that fucking stock is ridiculous. And you’re using a dumb ass like me as evidence to yourself that the shorts haven’t covered yet. Just explain to me why they wouldn’t be covering at these share price. Actually don’t because I really don’t care what your answer is and I don’t care really what you believe either. I’m only asserting my personal opinion and don’t worry I’ll make sure I have 10 shares of AMC so when it goes to $100,000 a share at least I have $1 million. But yeah using me to help convince yourself about something that the hedge funds are doing Demonstrates the kind of self delusion that’s required to be an ape that’s in a 11 month self imposed prison and willing to do 20- life waiting
Mike HuntOP LaPlasita: You can cover synthetic with any share traded today. You seem to think that synthetic is somehow different but let me explain to you how a retail person shorting a stock and an institutional naked short position are extremely similar. To open the short position the retail person must borrow those shares and sell them on the open market. Once they have done that, they own no shares and they need to purchase those shares to close the position. Now look at a naked short. They don’t borrow shares to open a position and they sell on the open market and at that point they are exactly in the same situation that the retail short is. They own no shares and they need to purchase shares on the open market. The only difference is that retail delivers those shares to a lender while the naked short delivers the brokerage. Normal settlement is T+2. for hedges, there are ways to extend having to deliver for over a month and they don’t have to pay any carrying costs because they didn’t borrow from anyone. So when both the retail short and the naked short have made their sale and are later at the point of wanting to close the position they both do the same thing, they purchase on the open market. Retail gives it to the lender, hedges to the brokerage exchange. This is the part that’s kind of shocking to me about all these apes as most of them are new to investing Yes they have very overinflated beliefs in their viewpoint like the asinine one that you can’t cover synthetic shares.
Mike HuntOP Mike HuntOP: If the hedge has a failure to deliver after over a month you bet your ass that the brokerage is going to go and buy those shares on the open market as a margin call that account. You don’t have positions that are still open from six months ago unless those chairs were borrowed and again naked shorts don’t borrow shares. My only advice to you is to be wary of when the stock does start to spike because it will be doing so only because the hedges are allowing it to happen. And I don’t know why I suggested because I know how stubborn and hardheaded you are so you’re not gonna do the smart thing which would be to go long and ride the shares up and then open your short position and bring it down. Just like it was to 72 to 22 in last cycle
Mike HuntOP AlphaWolf01: Most short positions are opened and closed on the same day. Usually a spike at bell to open short, drippping down you see the huge volume spike at the end of the day. I’ve seen cult stocks like $Labor Smart Inc (LTNC.US)$ where fanatics believe fantastic stories from The company. Or make up their own BS excuses for why the CEO and CFO are selling for family estate Blah Blah. If I was Aron and I personally believed that there was going to be shares going to $100,000 each without a doubt, I wouldn’t be selling any shares and the argument about not being able to sell during blah blah blah there would be a point they could sell it may be only $30,000 a share but instead they jumped on $30 a share and took the money like they were scared it was gonna Get snatched off the table from them. And they were right because it went down over 30% since they sold it a couple days ago
Raisingcain : Wow for someone who doesn’t care you sure had a lot to say. So much so that you replied to yourself to keep talking.
Mike HuntOP Raisingcain: You have a keen sense of the obvious. Good for you. It’s a critical skill