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Still think TITNC3: Return of the Iceberg was peak

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

  1. May 11, 2021 at 6:45 AM
    5nahalf

    5nahalf I build dumb things

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    lol, markets bleeding and ZOM and RBLX are both green... my poor portfolio.
     
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  2. May 11, 2021 at 6:46 AM
    Iwilltaco

    Iwilltaco Well-Known Member

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    @kairo’s guest house having a water with @not_nick
    Under development
  3. May 11, 2021 at 6:49 AM
    Nimble9

    Nimble9 visit squareonecreations.com Vendor

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    Fair point, but at the same time if you have some facts that say otherwise about GME, please by all means post it. I'd love to hear counter arguments.
     
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  4. May 11, 2021 at 6:51 AM
    theesotericone

    theesotericone Well-Known Member

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    Show me one fact the proves the number of synthetic shares shorted in GME. There is none. It's all opinion. Just as valid as my opinion that the SEC will squash this before it does any major damage but an opinion none the less. lol
     
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  5. May 11, 2021 at 6:58 AM
    BudFriendguy

    BudFriendguy TRD BRGLR

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    Let's see how much I regret this move...

    Screenshot_20210511-065419_thinkorswim.jpg
     
  6. May 11, 2021 at 6:59 AM
    Iwilltaco

    Iwilltaco Well-Known Member

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    @kairo’s guest house having a water with @not_nick
    Under development
    That’s sort of the point. The only argument is, does it make sense? People that believe will make sense of it. All this DD is based on assumptions and best guesses. Even the “facts” used are assumptions that the numbers they have are correct. There are people that have all the facts. They are the ones on the other side of this “battle”. The only number I’d like to know for certain is shares owned by retail. I don’t trust any big players to hold for any crazy number. Porsche let the shorts out of the VW squeeze to protect the markets. They essentially controlled the entire float. Other entities that need the markets healthy that control significant shares of GME will do the same. Squeeze a little, but they won’t kill the Hedgies and try to harm the markets overall. If they bail before retail, and it lets enough pressure to release, retail will be holding bags hoping for a bigger squeeze that just won’t materialize
     
    not_nick, 241240 and Nimble9[QUOTED] like this.
  7. May 11, 2021 at 6:59 AM
    BudFriendguy

    BudFriendguy TRD BRGLR

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    Wait until 6/9 at the latest, and one group of folks gonna look downright silly. I've got an idea who, but no guarantees.
     
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  8. May 11, 2021 at 6:59 AM
    Nimble9

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    If the SEC intervenes in a globally traded stock, that will have a ripple effect on the rest of how the world views the US markets.

    Here is the DD tab. https://www.reddit.com/r/Superstonk/search?q=flair_name:"DD 👨‍🔬"

    There are MANY DD's about the synthetic shorts, and I'm not going to waste my time finding them all for you.

    So here's one: https://www.reddit.com/r/Superstonk/comments/mz7c7h/put_anomalies_pt1_were_127_million_synthetic/

    Oh, and a bonus screenshot from my other post.

    [​IMG]

    Lastly, how in the WORLD are there not synthetic shares, with the free float of GME being 26m plus the 3.5m they sold back (without dropping the price I might add).

    @kairo might have more info on how many synthetic shares are out there, buy you CANNOT dispute the fact that there are synthetic GME shares out there.
     
    98tacoma27 likes this.
  9. May 11, 2021 at 7:02 AM
    BudFriendguy

    BudFriendguy TRD BRGLR

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    "They" blew through it in an insane last ditch effort so this very arguement could be made. I'm a madman cultist and you will not convince me otherwise. I'm on a financial jihad at this point and it's them (and/)or me.
     
  10. May 11, 2021 at 7:02 AM
    MickDog13

    MickDog13 Well-Known Member

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    well... I’m no market maker or day trader, but what I can gather is this:

    markets aren’t rational at the moment.

    facts aren’t facts these days.

    it’s ALL noise.

    disclaimer: I’ve got one ticket, just in case. Because the fomo mentality is REAL, despite my nagging cynicism.
     
  11. May 11, 2021 at 7:06 AM
    BudFriendguy

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    You merely adopted the red. I was born into it, molded by it.

    Screenshot_20210511-070540_thinkorswim.jpg
     
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  12. May 11, 2021 at 7:07 AM
    Iwilltaco

    Iwilltaco Well-Known Member

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    @kairo’s guest house having a water with @not_nick
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    They sure have had a lot of “last ditch” efforts :rofl:
    But I respect your resolve. And I hope you are correct.
     
    BudFriendguy[QUOTED] likes this.
  13. May 11, 2021 at 7:08 AM
    BudFriendguy

    BudFriendguy TRD BRGLR

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    Cheers. :drool:
     
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  14. May 11, 2021 at 7:08 AM
    Nimble9

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    but numbers don't lie. so 4.1m people switched to fidelity in Q1 of this year.

    if all of them had at least 10 shares that's almost 2x the free float. I'd wager that the average is much higher, knowing how many I and others have transferred.

    AND

    That's ONE brokerage. One. how many other brokerages are out there globally that also have folks that bought at least 1 share like yourself?!

    I know what I did was an estimation, but you can't look at those numbers and think, yup, no shorts out there lol
     
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  15. May 11, 2021 at 7:11 AM
    BudFriendguy

    BudFriendguy TRD BRGLR

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    Shit let's say 50% of them own 5...

    That's still 10.25 million shares, or about 1/3 the float owned SOLELY by transferrees... from the last 3 months... to a single brokerage.

    And I bet @Nimble9's estimate is closer since a majority of those transfers are likely from RH specifically due to GME.

    Also Vanguard has seen so many new users that their interface which has been dogshit for years is now a priority and the new hotness is basically ripping off RH 100%. Meaning there must be substantial "ape" presence to drive such changes so rapidly.
     
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  16. May 11, 2021 at 7:14 AM
    theesotericone

    theesotericone Well-Known Member

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    Numbers don't lie. The fact is that those numbers are, wait for it, speculation. Well researched speculation but speculation just the same.

    Step back from the punch bowl for just a minute. You say you want to hear counter arguments that are based in fact when the GME crowd doesn't have facts. They have really well researched speculation. You can see how that comes across now that you've stepped back from the punch bowl can't you?

    I believe there's still a large short in GME. I believe there will be a squeeze. I don't believe it will be as large as people think and want it to be. Why? Because the SEC will step in to prevent major losses.

    The argument that the US markets will lose face in the world view is valid. Think about it this way though. What's better. Losing a little face or losing the whole damn market?
     
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  17. May 11, 2021 at 7:17 AM
    BudFriendguy

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    What you describe is only possible if you take the obviously bunk self-reported SI% at full face value. I choose not to, like, at all. :der:

    If gov't steps in to protect money daddy, me and Pookie gonna burn this motherf*cker down.
     
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  18. May 11, 2021 at 7:18 AM
    MickDog13

    MickDog13 Well-Known Member

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    I’m one of those new fidelity account holders.
    I have 1.
    Not anywhere close to 10+.
     
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  19. May 11, 2021 at 7:20 AM
    MickDog13

    MickDog13 Well-Known Member

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    Thank you for putting into words what I was thinking. Hahaha.
     
  20. May 11, 2021 at 7:25 AM
    BudFriendguy

    BudFriendguy TRD BRGLR

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    Seems like half this group would watch Mad Money and think "bullshit" while the other half might watch the same program and think "well, prior to this he was a successful fund manager, he couldn't just go on tv and tell lies..."
     
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