Women power!! Yeah!! Whoa wait .. What did they do? what did they do? Push the other bell!! make it stop, please

E0902E6F-8F53-434F-A27C-67329CCF525B (resized).jpeg

Apple’s earnings are not growing as in years past. Plenty of attractive sub$1trillion tech names rising up. Unless they acquire something special.
Who wants a $1k phone of $2k computer anymore?
If must, can’t go wrong between $210-230.
I like twitter. Forced buyback, not impacted by virus, election year..

Uber

Why? What percent of the pop. even owns a stock? The ones that do will just cry quietly in their expensive scotch. We all know this is a bubble. Look out- Feb.3 is 384th anniversary of the Tulip collapse.

Anybody concerned about the actual increase in consumer spending this holiday season? Economy went off a world wide cliff, yet people spent more money then similar periods last previous years? Stimulus sure, but this much? And if someone can explain how LYV is at an all time high with no concerts in over a year, appreciated.

LOL.. up 7% today. With no way to have a concert for at least another 6 months- whatever assets they have, someone really wants..

No idea what is going on at TRXC either, but glad I bought at 0.40

If they are uncovered shorts, they are crazy. Most would have bought out of money calls for pennies ages ago. I have a bad feeling about this. You know that part in the movie where the good guy thinks he played the perfect plan, and then the bad music starts... If GME made money, sure go long. This more likely to hit $4 then $300. But, these are crazy times.

No, talk is there are plenty taking up the shorts when anyone covers. Could be big funds, could be small individuals. Why not short at $225 if stock book value is less then $5? But institutional ownership was 110% last quarter! So some funds are killing it!

Before, you were probably thinking about a short that bought a call to cover and then let it expire with no additional loss. I would think the “hedge” funds hedged their bet, but there aren’t enough open calls, by my count. There are some other scenarios with convertible bonds and other financing deals- but only the big players know. Over 100% short with over 100% institutional ownership! Crazy..

Doubtful. GME and AMC are great examples of gamma squeeze. If shorts cover, party will be over real quick. Until then, buy some calls and hope it isn’t your turn to hold the bag.

Is the float for AMC really 57m?

Haha- so $15 for a share of AMC that lost $33 a share last year seems reasonable? No offense- just crazy times.

It’s pretty tempting. People throw money at it and think it might come back so it’s okay. If you wouldn’t throw that $1k in the fire, don’t throw it at this stuff. This can break at any time and if it trips breakers or cripples a brokerage- you won’t get out. A short squeeze only works if short has no leverage. A stock gets way overvalued- it attracts more leveraged shorts. There will be fireworks this option expiration. People bought a lot of calls. Now they have to accept delivery, or close position. If they close and the call was written by a net neutral institution, they will sell shares they bought to stay neutral. If stock goes down enough, other call writers will sell because no longer need shares. Shorts won’t necessarily have to cover by any set time.
Or GME goes to $3000.. happy hunting!

https://www.tipranks.com/news/amc-explodes-301-after-305m-share-sale-street-says-hold?mod=mw_quote_news

This says an ave. of about $5. So, AMC sold shares to the rich for $5, long live the revolution!

Wow Silver Lake! Hope they hedged it.

Sorry, man. This is a new one for everybody. The brokerages and market makers are admitting somebody hacked the system. This is how trading will be and they have to program around it to protect people who don’t know what’s going on and throw money they can’t lose at “sure things”. Reddit users will probably get blamed for this, but I still say this was much bigger players that leaked some info on Reddit when it served their scheme.

AMC is at 300m shares. They project $1 loss/share in earnings for ‘22. Dead money walking..

That is one theory. Or they have triggered the reverse gamma squeeze. Really unfair, but it’s all computer programs activating. Also, people on margin will be forced out. They will probably halt all trading in these stocks until Mon.

Amen

Wow, brutal head fake in GME. Let’s see when resumes

Reddit moving on to silver! Up 2.8%. Where are those silver coins- time to cash in.

Had time to read. They could only convert if went over $13 and they didn’t comment if they held shares. They would have made $280m on $600m loan if sold last night. Something tells me Silver Lake has a few posters on Reddit and were buying a lot of calls. Or they are now one of biggest shareholders of AMC..

This guy is a tool. Come on! There were billionaires on both sides! It sucks what the small brokerages had to do, but they answer to their own equations. They saw something that made them basically kill their company. Watch Margin for a refresher of 2008.
Especially with a pandemic going on. We almost destroyed the world with derivatives, let’s do it again with GME.

Is this better? But hey, we don’t pay $8 a trade anymore.

There has to be a reckoning- especially for the options market. A day before expiration, unbelievable...

haha! Yeah, everybody forget about the short squeezes and let’s be normal again and go back to the EV companies that might make a 100 cars in the next 3 years.

Either they had accounts already or lied. Funds maybe would transfer for stock trading, but no margin or options. More evidence the big players were in this, not individual investors on social media.

Fundamentally, AMC will trade below $3 at some point in the next 2 years. Still have what over $4b in debt with a pandemic for 8 more months at least? Nobody should touch this thing if they are talking about more share issuance. They have diluted shares greatly already with everybody excited about the squeeze. If Silver Lake held( they probably had shorted shares- possibly tens of millions- to lock in conversion price and are out), the squeeze could still be on- but will it be possible with restrictions on options tomorrow? I bet shorts actually increased.
Lot of pissed people might drive it up, but I think the fear is out for shorts. I’ll be watching the out of money call volumes for future expirations, but I think brokerages and MMs have throttled impact of the gamma squeeze.
GLTA!

Not worried about dilution? They issued a lot of shares. Customer habits, movie studios business models are changing. I don’t see packed theaters for a year or more.

Not worried about wash sales?

Saw article saying it is now only 40% short. Sorry, can’t link. Anybody staying in this GME trade for the squeeze, moment may have passed. Anybody with better data, please post.

Looks like you are selling shares and a call. Huh?

By selling a covered call, you are risking $800, to make $100 plus maybe another $200. You won’t be able to sell shares until you buy to close option. If AMC goes to $3, you’re out $400. If think AMC going down, just sell. Options look like free money, but they are basically crack.

Haha! I guess with spyderturbo for a name. Do you have one? And yet you’re interested in getting $100 for a covered call?
We are all basically strangers. If that trade appealed to you, many on here will assume you don’t own a spyder and try to caution you about maybe not joining the option world. You can’t buy just one- it has taken over many a well balanced portfolio.

WHHAAATTT!! Oh man, that’s a sad end to a beautiful car. Buddy of mine had one, cops kept pulling him over just to talk about the car. Yeah, I drove with summer tires once when temps went below 33 and a little wet. Thought “come on they’re still tires”. Nope- slid right down a hill going 5 mph.

HCMC has 105B shares!! So, when they win: $2b- $1b to lawyers= $1b/105b shares= $0.01/share. Yeah, $0.10 would be a good exit.

Why before end of April? Won’t rate go above 9.5% if buy May 1 or after?

I don’t believe so. If buy now, rate won’t adjust until Nov 1.
If buy $10k now, can’t buy again until Jan.1. The interest is calculated using a fixed and inflation rate. Getting nothing right now for fixed rate part - probably won’t be worth holding when inflation returns to normal. But 7-9% isn’t bad for at least a year. And will be interesting Jan 1 as Fed increases rates and inflation remains high. If have kids, nice way for them to save risk free- these bonds can’t lose principle. Have to hold at least a year, and three month interest penalty if cashed before 5 years.

Interest can also be used tax-free for higher education costs.

It is surprising that they actively repulse at least 30% of the possible consumers. How does this make business sense? Must be some great data that thinking alike draws more people then understanding both sides.

With the strong dollar, war, and Russia possibly turning lights out on German manufacturing- how can markets rally?
Anybody see the Chipotle CEO saying they are raising prices again and it is basically the same price as getting these items from grocery store? Which grocery store? I went the other day, it was $15 for a burrito, chips, and a drink! This or 10 tacos at TBell? Probably still go with CMG but that PE is looking unsustainable.

Why keep going on about this? Please tell us the social class that has every bad person caught. Yeah, I’ll take a dude stealing a $100k from me rather then get plowed over by a stolen KIA. Oh yeah they caught the kids, and had to let them back on the street to await juve court. Some guy got shot for an electric bike the other day. No business suits on the perps..
Not sure why people think we don’t need rich people. US is writing some pretty big checks lately, we need all hands on deck to not go bust.