The Brehs of Wall Street (Offical Stock Market Thread)

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old pig

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Trust Me said:
$AMC sub $10 in the blink of an eye :heh:

This stock shyt is crazy.
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GME too...shyt happens every time...I hope the breh that held and had the opportunity to break even after being convinced to buy the high last time actually followed his instincts...and this has always been my problem with the GME/AMC calls in this thread...it’s the false, baseless, unrealistic PTs that has folks ignoring decent gains or the chance to at least come out even bcuz they’ve been duped into believing it will reach unattainable heights smh
 
Kenny West

Kenny West

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FaTaL said:
Wtf just happened?
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Orchestrated sell off. Said this in a pm to @blotter last night

My instincts make me feel like a "sell off" could be orchestrated in the coming days, but the nature of this play makes it tough to gauge. We just dont know how much ammo the shorts have left. But with the info we do know

DD threads on reddit have shown whales buying retardedly deep in the money calls. Which could indicate a gigantic bull trap down the line if they dump it on us.


But DTCC released new rules basically insuring themselves against being liable for being cleaned out when their margin calls. That limits the potential of further stall tactics. The price dropping under 10% of a days open puts the stock on a short sale restriction list which hasnt happened in 2 weeks...which would mean the momentum is starting to pull away on them.

All in all the smartest play with this rn is to get in as soon as you can. Dont treat it like a regular stock, the high votality will fukk with you. If it dips average down but just know If you're in before 400 you're still super safe because thats the highest FOMO price level people are still holding at before they halted trading in January.

Dont bother with options, you're likely to get fukked.
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The volume is 30 mil....these aren't retail investors.

We're on the short sale restriction list tomorrow. :shaq:
 
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Originalman

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loyola llothta said:
Yeah I might buy if the stock keep dropping
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Yep the issue is that they have more shares shorted then they can take care of. So a hustle that they do IMO is let the shares go up and sell. Then attack the stock so that it goes down and folks sell. Then buy those same shares at a low price and let the price go up again then sell to regular folks who buy high. Then they attack the stock again.

This is the only way the hedgefunds can cover their loses (buy attacking the stocks on both ends).
 
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