#AMC #GME first of all thank you for holding! That was a nail biter earlier today. I could barely work and or do anything else for trying to look at patterns and why both stocks showed similar patterns and where in the world did they come up with the volume to trade today. 👀
Here are the facts as we go in for Monday... 1) HF shorted stock they do not have and do not own. Trust the process right now. #AMC and #GME will continue to rip because every time after a small squeeze hedge keep coming back. Thinking that we don’t see them and they can do
Whatever they want. I’m willing to bet this whole process will repeat come March with a special caveat and I’ll explain. 2) during the trading day you might’ve seen folks talking about bull flags or a cup and handle. Seeing bull flags are important because they indicate a strong
Uptrend in the stock meaning that the walls/barriers can and will break. This morning both #AMC and. #GME charts were full of bull flags. Additionally, at the end of the trading day we have a cup and handle forming folks. This has been forming over the last month or so and this
week we finally got our handle on both stocks. 😎 good news for us because a cup and handle form as the stock has been on the downtrend. As the handle is forming this is an indication that the stock is reversing its direction. In short we moon or skyrocket. This will lift
off when the handle has formed. I can’t draw but here is a pic of what a bull flag looks like. We had at least 3 during the day in both stocks. Also the cup and handle pic. We have to keep he handle short as the stock is trying to reverse course. ImageImage
3) too many people trying to get us to sell. Every where you look someone else has a new stock they say will moon. 🙄 HF wouldn’t do this at all if they didn’t need our stock. Think about they have never trolled this hard before on any other stock? They have gone to low tactics
Because none of us are selling our shares. 4) their will be another report coming out about failure to deliver the stock I can imagine it’ll be above 300M+. I had to get through an article this week that came out in ‘08 about how naked shorting came to be. It was written for a
what I think was a congressional hearing on the subject. In short the article talked about how hedge fund’s stopped trying to locate and buy the stock when they shorted the market because when they ultimately needed the stock it would be gone. So failure of delivery arises
Because they cannot find shares to fulfill the ladder attacks so it’s the easy way out. Only way to get them to stop is to demand share delivery. For every share purchased we all need to ask for the stock certificate. My assumption is that a lot of us have the stock on paper but
but very few have the actual stock certificate to go with it that is important. 5) lastly the implied volatility is swinging way to hard on both #AMC and #GME. I think that come Monday we will see another hard swing either up or down but given the chart analysis above I’m hoping
The swing will cause the stock to rise instead of fall. Now come Monday keep in mind #GME will be on the SSR list while #AMC is not. Given that look for on Monday for HF to do throw everything but the kitchen sink at #AMC. I have a feeling over the weekend HF are working
over time to figure out and come up with a plan to short #AMC as much as they can. Our only ace in the whole is that more call options will be exercised in the stock as it is what they call in the money I’m still calculating but My current total is about 14M. That all
Being said rest up enjoy the weekend. We will be alright we got 1 more shot this week. Hold if you can only buy what you can afford to. Take care guys. I’ll post an update if I find anything else k.

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Learning2Believe

Learning2Believe Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @live2beingu

2 Mar
#AMC#GME okay mkt. recap of the day and what to look forward to tomorrow. If you were like me I had my trading platform on while working today watching the mkt as much as I could. Here is what I saw. Today we turned the direction of the stock. To that I say congratulations
everyone that was the hard part. stopping the dip before it even got half way through the cup was important for both stocks to continue to go up. 2) Hedge funds must've played with each other all day because over 50% of the shares used today were both on loan with additional
shares added to short the mkt. They pulled every trick in the book today from shorting the actual stock to the ETF's to borrowing the sock at a higher interest rate all to end up with the stock being about where it opened at the morning bell. Now for the data and details to make
Read 14 tweets
1 Mar
#AMC before we all sleep for the night. Remember this. Things to keep in mind- 1. Call option holders that are in the money will exercise their ability to buy tomorrow at a cheaper rate. 2) HF are deep in debt and have about 92M shares on loan with tomorrow being the first pmt
Is due for some. 3) they need your shares to remove the massive amount of naked calls they have. 4) only spend what you can afford to lose. 5) all indicators show this stock is on the uptrend. (Bull Flags along with cup and handle formed Friday). 6) shills, bots, and everything
In between will try to convince you to sell n let go just keep telling yourself we have a pretty large market window with implied volatility about 500% in some cases. I’ll be just fine. This is a big week for both #AMC and #GME I know your worried as I’m too.
Read 4 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!