1/ $amc $gme a thread on the psychology of our opponent. I've written something like this but shorter before and it's worth understanding. Being in the mind of your opponent is a large part of winning. Think sun tzu's art of war.
2/ First let me admit I am generalizing here. I'm sure there are some good people involved and I intend to describe more of a general power player. the power player in the world of finance is often a narcissist.
3/ The simplest explanation of narcissism is if you could picture yourself stepping outside of your body and looking back at yourself. Everything you do would be interpreted through you, as though you were external. Said another way, at the extreme end...
4/ ...there IS no external view for an extreme narcissist. It's not that they don't understand others' pov. It's literally that there CANNOT be any other pov. other pov simply don't exist. There is the narcissist's view of self & the world (which also is translated through self)
5/ the extreme narcissist only sees their view. why does this matter with hedgie? They can't comprehend that we will hold because, to them, it isn't rational. It's not that they have a hard time believing we are real and aren't going away, it's that they CAN'T (it's not possible)
6/ This means their destruction is inevitable. They truly can't allow themselves to believe we will hold as long as we need to. It's why they are burning money by the day and ignoring the ironclad rule of finance: sunk cost. They are throwing new money at lost money because,
7/ it simply doesn't exist in the universe of their mind that you will keep holding. In their mind they KNOW they will break you. And if you cross narcissism with sociopathic tendencies (some wall st 'wolves' definitely fit this) then they not only know they will win,
8/ they know they will crush you and they are HAPPY about that. But you can use this to your advantage. Why? Because a.) their sociopathy means they will do a lot of stupid things because they are so enraged. This increases the justice they will have coming to them and,
9/ the payout for us. And b.) their narcissism means they have no idea how strong you are, how firm you are, how committed you are, and how much you want them to pay for their misdeeds.
10/ the boring part (because you already know it): if you hold, you win. It's that simple. But the FUN part follows. First you have to understand one more thing about narcissists (side note: IRL if you are in an abusive relationship - some of this applies - and get help!!)
11/ The narcissist's whole world is built on control. They need to feel the power to keep their pov intact and they need to control others around them. It gives them both power and jollies. The easiest way to take this power away is not to let them set the rules of how u interact
12/ if they "button push" don't give them a rise. If they challenge, you "meh, yawn." If they demand debate, walk away. And if they want you to be negative, you stay cheery little apes who uplift each other and piss the heck out of them with your joyful spirit.
13/ I'm serious. If you hold you get the $. We know this and we signed up. But if you REALLY want to win, and to crush the people who think they are the crushers (note: I believe in mercy & grace so let me clarify that I want to crush evil behavior, not actual people)...anyway...
14/ if you want to give them a personal consequence, build up a positive community which they can't control. Lift, educate, support, ignore negativity (don't feed the beast), always pay forward to others. We got this apes. We'll take back our $ and shift the culture all at once.
15/ and they will still not even understand what we did.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
$amc I've said so many times. 10:05-10:25 EDT -ladder almost every day. don't know why. WAG- maybe they want west coasters up to see it and be scared (7am here)? happened almost every day for 7 weeks I've tracked it. Same time, same pattern. No way that's coincidence. from 2day
@SEC_Enforcement@SECEnfDirector how can a stock have an identical pattern almost every day at the same time for 7 solid weeks? Hmmmm??? Do we even care to pretend there's an actual "market" anymore? @RonWyden@tedcruz We keep spoonfeeding you guys. Obvious manipulation. @AOC
Attached a few days (and I'm telling you - 19 out of 20 days or even higher rate have this pattern at the SAME TIME. Not normal. Not coincidence. $amc
1/ a gut prediction for tmrw. $amc i’m transparent in that i say when i’m just making a gut call vs when there is DD. I also routinely say “do what is right for u.” This is because i refuse to pump anything. So here’s a gut call and what i’m doing.
2/ I believe today is a settling down from amc running hot yday. A breather. I also believe tmrw it will jump upward. Not sure how high yet but i’ll guess $15-$17 range. Today i’m buying a few more shares and some calls for 3/26. Basically just trusting my gut. $amc
3/ Putting this in the ether so i can count the W or the L on my prediction. Just opinion and as i said it is not based on DD. It is my own hunch based on patterns observed over time and based on stimulus tmrw. $amc