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Still think TITNC3: Return of the Iceberg was peak

Discussion in 'Stocks & Investments' started by kairo, Oct 6, 2020.

  1. Jun 2, 2021 at 8:03 PM
    Iwilltaco

    Iwilltaco Well-Known Member

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    @kairo’s guest house having a water with @not_nick
    Under development
    All positivity! Everything is going to 100k
     
  2. Jun 2, 2021 at 8:28 PM
    kairo

    kairo [OP] >_>

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  3. Jun 2, 2021 at 8:29 PM
    chetterthecat

    chetterthecat Well-Known Member

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  4. Jun 2, 2021 at 8:35 PM
    chetterthecat

    chetterthecat Well-Known Member

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  5. Jun 2, 2021 at 9:13 PM
    montijo505

    montijo505 Moon soon?

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    GTFO......

    @98tacoma27 handle this!
     
  6. Jun 2, 2021 at 9:20 PM
    916Crza

    916Crza Well-Known Member

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    Is BB supposed to be the next Reddit move? Or is this another distraction?
     
  7. Jun 2, 2021 at 9:23 PM
    montijo505

    montijo505 Moon soon?

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    Yes
     
  8. Jun 2, 2021 at 9:31 PM
    916Crza

    916Crza Well-Known Member

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    yes to next squeeze or distraction?
     
  9. Jun 2, 2021 at 9:33 PM
    Gen1FTMFW

    Gen1FTMFW Well-Known Member

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    Yes.
     
    not_nick, montijo505, pdaddy and 4 others like this.
  10. Jun 2, 2021 at 9:33 PM
    theesotericone

    theesotericone Well-Known Member

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    Exactly.
     
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  11. Jun 2, 2021 at 9:34 PM
    IDtrucks

    IDtrucks Unhinged and Fluid

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    I read through a good chunk of that, my question is...why would hedgies, hedge a short on gme with a long on amc, if they know that amc is also just a big ol ??? Meme stock. Just because theres correlation, it’s correlation based on the same hope and a prayer bullshit we are waiting for, but presumably hedges know what’s going on because they have the data.

    so I guess, tldr...what evidence is there that there is hedging going on using amc....which is the premise of that analysis
     
  12. Jun 2, 2021 at 9:38 PM
    moto.mike

    moto.mike Well-Known Member

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    take a guess...
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    haven't read it...but seems like a great way to make a lot of money to cover your shitty GME short.

    AMC is lower price...so you can buy way more shares. 100,000 shares from $38 to $72? = 3.4 million in gains...
    some of the (1 minute no less) bars on AMC had 10 million in volume.
     
    Last edited: Jun 2, 2021
    kairo[OP] likes this.
  13. Jun 2, 2021 at 9:43 PM
    moto.mike

    moto.mike Well-Known Member

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    take a guess...
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    edit: nevermind...i think i was looking at the wrong chart or something...
    too many brews this evening?
    :cheers:
     
    Last edited: Jun 2, 2021
    montijo505 likes this.
  14. Jun 2, 2021 at 9:49 PM
    kairo

    kairo [OP] >_>

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    Like Mike said, easy to manipulate the cheapie stock to keep money flowing to fund your short on gme
     
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  15. Jun 2, 2021 at 9:50 PM
    scottstrong89

    scottstrong89 AhsokaTaco

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    A little hypocrisy going on there 4runner boi!
     
    montijo505[QUOTED] likes this.
  16. Jun 3, 2021 at 2:09 AM
    98tacoma27

    98tacoma27 is going full "SANDWICH" Moderator

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    I don't have a Tacoma either....
     
  17. Jun 3, 2021 at 2:33 AM
    98tacoma27

    98tacoma27 is going full "SANDWICH" Moderator

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  18. Jun 3, 2021 at 4:07 AM
    jandrews

    jandrews Hootin' and Hollerin'

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    Premarket across the memestock landscape is pretty hilarious today.

    Not sure exactly whats going on here, but considering the volumes on everything but GME it would not surprise me if shorts were heading for the exits on lower priced stocks. You can cover 4 shares of AMC for the price of one share of GME right now and the liquidity is there to do it.

    That, combined with MSM hype/FOMO, makes sense here. Why isnt it happening with GME? Because similar percentage price movements would be catastrophic for covering entities. Remember January? THEY TURNED OFF THE BUY BUTTON WHEN GME WAS APPROACHING 500 BECAUSE THERE WAS RISK OF WIDESPREAD CLEARING AGENCY DEFAULTS.

    That was from a ~$40 starting price per share. We're 7x that now.

    So if you take the assumptions above as true, they're treading lightly around GME because people are cautious around things that can kill them.
     
  19. Jun 3, 2021 at 4:15 AM
    98tacoma27

    98tacoma27 is going full "SANDWICH" Moderator

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    Some stuff. Not a lot, just some.
    This is why...

     
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  20. Jun 3, 2021 at 4:17 AM
    jandrews

    jandrews Hootin' and Hollerin'

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    Read that yesterday, skeptical but intriguing. Could in fact be the case.

    Edit: That last line about AMC downticks being amplified in GME certainly holds up in the current premarket movement.
     
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