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Still think TITNC3: Return of the Iceberg was peak

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

  1. Mar 27, 2021 at 9:37 AM
    98tacoma27

    98tacoma27 is going full "SANDWICH" Moderator

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    Some stuff. Not a lot, just some.
    I'd invest in that. Although it takes the fun out of the squeeze but if it evens thebplatlyingbfiled even a little... Why not.

    Did he have an estimated target price?
     
  2. Mar 27, 2021 at 9:40 AM
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    One thing he talked about was the "How do we know this will happen?"
    When the dividend day of record comes 4/1 the DTCC and every broker goes through all their shareholders to earmark dividends...There is a halt on every share of stock and they are all accounted for to match up dividends with owners. This is when they will HAVE to acknowledge (instead of turning a blind eye) the existence of fake shares and go to the fund that is backing the short and say "We need these shares"
    He said normally the short is hiding behind some LLC with fake real estate as collateral for their margin so they can declare bankruptcy and run...BUT the shares will then have to be bought by the fund he's going through...The money will come. They can't just say "Oh well"...
    He said he talked with people at $TSLA and tried to get them to issue a space x dividend...a 10:1 share of Space x for every share of TSLA...he said this would send $TSLA to about $5000 a share as the shorts cover...but for whatever reason they don't want to do that...

    VERY good call...
    I'm excited....
    and at most I lose a couple g's
     
  3. Mar 27, 2021 at 9:42 AM
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    He said there is no "target" it's whatever happens but they are in a HUGE hole...
    all the technical aspects are set for it to come to fruition and if more companies had the balls to declare dividends it would nuke the shorts.
    If $GME declared a dividend the game would be over fast.
     
  4. Mar 27, 2021 at 9:46 AM
    98tacoma27

    98tacoma27 is going full "SANDWICH" Moderator

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    Some stuff. Not a lot, just some.
    $GME used to issue a dividend. To bad they stopped.
     
  5. Mar 27, 2021 at 10:14 AM
    99TacoDriver

    99TacoDriver Well-Known Member

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    Thanks for relaying! I wasn't able to call in this morning. Sounds like this guy really has a game plan and knows what he's doing
     
    rmepilot likes this.
  6. Mar 27, 2021 at 10:15 AM
    rmepilot

    rmepilot Well-Known Member

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    Me either.
     
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  7. Mar 27, 2021 at 10:15 AM
    cartter469

    cartter469 A College kid who went broke for a truck

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    With this Gtii talk it’s tempting to try and get some more cash put in the account for Monday morning. Thing is I don’t know if it’ll be ready to trade in time.
     
  8. Mar 27, 2021 at 10:18 AM
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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  9. Mar 27, 2021 at 10:23 AM
    99TacoDriver

    99TacoDriver Well-Known Member

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  10. Mar 27, 2021 at 10:31 AM
    Dirk Diggler

    Dirk Diggler Under the Stun Gun

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  11. Mar 27, 2021 at 10:32 AM
    Gen1FTMFW

    Gen1FTMFW Well-Known Member

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    Not sure if it's the same with all brokerages, but TD doesn't allow one to trade OTC stocks on a margin. Have to have the funds clear. This really fucked me last week as I watched GTII go from $1.69 to $2.89 while I waited for funds to clear. After all this talk, I decided to drop some more funds in last night in hopes that they clear before 4/1.
     
  12. Mar 27, 2021 at 10:41 AM
    not_nick

    not_nick Well-Known Member

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    keeping jersey dirty
    I hope they look into what's in the containers on the ship or what else was supposed to go through after. Heard tons of sketchy stuff from dock guys. And the whole situation is sketchy
     
  13. Mar 27, 2021 at 10:43 AM
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    I know that for TD you can’t buy stocks under five dollars or options until the money clears
     
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  14. Mar 27, 2021 at 10:56 AM
    rmepilot

    rmepilot Well-Known Member

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    I think this is the same for Fidelity. I have both, but can't remember...

    I have enough cash on hand to buy 100ish shares of GTii at market open Monday.
     
  15. Mar 27, 2021 at 11:51 AM
    98tacoma27

    98tacoma27 is going full "SANDWICH" Moderator

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    Some stuff. Not a lot, just some.
    I'm hitting it first thing Monday as well.
     
  16. Mar 27, 2021 at 12:13 PM
    Gen1FTMFW

    Gen1FTMFW Well-Known Member

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    Don't drive the price up too much boys. Keep it down til I can double up on Tuesday/Wednesday...
     
  17. Mar 27, 2021 at 1:03 PM
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    Illuminati confirmed
     
  18. Mar 27, 2021 at 1:10 PM
    montijo505

    montijo505 Moon soon?

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    The only place I can buy GTII is E*TRADE, which I have no funds in at the moment. Guess I’ll watch and be depressed.
     
  19. Mar 27, 2021 at 1:16 PM
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    Another thing the call mentioned was the sheer number of new shorts coming in thinking they have an easy OTC target. None of them read the 8-k about the dividend. He said they intended for the 8-k to be boring and monotonous so the skimmers would miss it and short away. They basically set a trap.
    He said he was dealing in shorts for 20 years and got out. It’s all he did. No options. No dividends. He personally knows shorters (big money) that have been buying in since the dividend announcement and that means they can’t have realized a dividend is coming.
    For sure it’s breaking $3.50 Monday because they’re (the short busters) are buying several hundred thousand shares up to $3.50. He said It’s going to open, then the shorts come in and dump it. That’s when they’ll start buying. They’ll do it in small orders to prevent volatility and more rapid shorting.
     
  20. Mar 27, 2021 at 1:44 PM
    98tacoma27

    98tacoma27 is going full "SANDWICH" Moderator

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    Some stuff. Not a lot, just some.
    So it will be on sale momentarily... I like this.
     
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