#AMC#GME Good Evening Everyone, I hope you all have had a wonderful day and did not let the market steal your joy away. Now without further delay lets get into tonights market Recap. You know in trying to decide what to write about tonight. There is so much information out there
right now and I've tried to post as much as I could all day today. But tonight I want to talk to us all about hope! And why this is important and to give us a sign that soon may the tendie man come lol. So first of all I had to calm down after hours today. For starters, I was
blocked from being able to get on the earnings call with GME even though I registered with GME. I had to wait for the call to end so that I could hear the recording. For the market to go absolutely crazy from what was said on the call is beyond me. The call didn't indicate more
than the our group already knew. That GME is a company on the mend and that they are putting a bonafide plan in place to grow and make the company sustainable in the years to come. Now in that 30minute time from from 2:00pm to 2:30pm this is what appears to have happened. Sell
orders came to about 38,940 shares right at 2:00pm. At 2:25 there was another 44,180 shares sold, at 2:27 another 42,650 shares sold and at 2:28pm another 53,360 shares sold. So imagine watching this play out in real time expecting there to be some big news or issue that comes
out of this meeting. Even prior to that btw 1-2pm the stock was going completely haywire as the rose almost to 200+ and then just plummeted back down with the spread was huge between the bid and ask price. Now even though I started trying to figure out and play detective to see
what was truly going on and then I started reading the 10K. GME plainly said and I quote" A large proportion of our Class A Common Stock has been and May continue to be traded by short sellers which may increase the likelihood that our Class A common Shares will be the target of
a Short Squeeze. A short squeeze has led and could continue to lead to volatile price movements in our Class A common stock." If that just wasn't enough at the top of section "Risks Related to Our Common Stock" Short Squeeze tops the chart at No. 1. That's all we needed them to
confirm is that more shares exists than are available to be played out on the open market. They could be short shares they could be naked shares. By my count it's a combination of both at play for GME. Now if you thought this language wasn't enough....our good ol' faithful
friends at the DTCC and NSCC are trying to change the rules to get ready for what is to come. I think they'll have a liquidity issue. 🤣🤣🤣🤣 Why am I smiling like this...We'll here is a new filing that corresponds with the timing of this stock called the Amend and Recovery Wind
Down Plan. If you turn to section 7 of the plan it states Liquidity Shortfalls " Section 5.3 (Liquidity Shortfalls) of the plan identifies tools that may be used to address the foreseeable shortfalls of NSCC's liquidity resources following a Member default." Homie say what now...
the DTCC and NSCC is trying to hedge against a known and foreseeable short squeeze. Then if you go down...🤣🤣🤣🤣 Section 5.2.4 (Recovery Corridor and Recovery Phase) outlines the early warning indicators to be used as an early warning indicator to evaluate its options and
potentially prepare to enter the Recovery Phase, to be taken by NSCC to restore it's financial resources and avoid a wind-down of its business. While the page limit spans almost 141 pages it would take me the rest of the night to get through it all. I know see two documented
that continue to hold fast and true to what we know that the squeeze has not been squozen contrary to popular belief and the crap ton of manipulation in the markets as we see them today. Now you take this document and the document that the DTCC changed earlier this month re rule
801 that basically said they wouldn't cover for the HF or anyone caught dead in this racket. And we have what we have now, they are running away scared. It's like they've been caught red handed and started trying to press the delete button but the FBI showed up along with the SEC
I surmise that GME was hit by three events occurring on the same day. 1) Meeting with the Fed Chair and Treasury Secretary 2) Earnings call not meeting market expectations but we all knew that going in but I'm happy to see they are making an effort to recover and put in
the work now to help the company grow. 3) This new filing set in motion by the DTCC and NSCC that clearly is another warning shot to any involved in this shenanigan to cease and desist before we have to take action to liquidate your fund in order to save our own financial skins.
While there is probably more that will go down in the coming days. I hope this doesn't happen but I want us all to brace ourselves should the price drop in pre mkt hours. My alarm is basically set for GME to go off should it fall below $138 as this will trigger the SSR in the
morning hours. A short squeeze is on the horizon I believe. I could be wrong and if so know that I'm in it with you. But being able to give you all hope tonight was more important than me providing a technical analysis as we have two documented resources gearing up for what might
an inevitable squeeze. I trust my DD on this and I'm holding stock as a long term holder and I'm fully bullish on it. I cannot say for certain when the squeeze will happen but it appears that there are a lot of moving parts working in the background on our behalf. Part 2 #AMC
To the folks at AMC I will respond tomorrow. Don't worry I've already done the math on the supposed short number of shares exempt. I want to see if the numbers tie out before I respond... because... I'm going to leave that for tomorrow. Have a great night everyone and take care.
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#AMC#GME Good Evening Everyone, I hope and trust you all are well even after todays dip. It is hard to watch. But I'm hoping and expecting a rebound here shortly. Now before I go into what took place today. A general housekeeping rule if you will. 1) I'm not a financial
advisor. I simply provide/supply/explain the information as I see it. 2) Last night I was asked to perform an audit of the information that was provided across multiple platform in regards to the exempt shares owned and circulated by MM i.e. Citadel & Friends.
I will only say this once, work papers drive accounting spreadsheets and so if you don't have all or parts of the information it makes it hard to make a determination if there is some there there to the number or any number being used. I did my own DD and this is what I found.
#AMC#GME remember it is the side of the transaction that occurs first that controls the price. If its a sell then buy then the sale price will control the transaction. If it's the buy side then the buyer controls price. In either case the difference between the bid and ask
prices are so miniscule but the amount of shares being sold and repurchased over and over again are what is making the price drop off.
Additionally, let me recap about short and naked selling and how this all ties into the new rules set in place by the DTCC. If you recall a short sale is a sale of a security that the seller does
#GME like I said earlier...you cannot trigger an SSR in the after hours market. It can only be triggered during the Pre Market hours and regular trading hours....Between 1am pst-1pm pst. Anything after that does not get included. Don't go into tomorrow thinking that we have an
SSR to hedge some of this...Now I'm trying to come up with DD for tonight. But I had to stop as folks seem to think GME was included in the list and it is not. pics to follow as I cannot upload them on my system so I have to go through my phone. I market off AMC but GME is no
#GME you all want hope it's in the 10-K as plain as day. It reads " A "short squeeze" due to a sudden increase in demand for our class A common Stock that largely exceeds supply has led to, and may continue to lead to, extreme price volatility in shares of our Class A common
stock. Investors may purchase shares of our Class A common stock to hedge existing exposure or to speculate on the price of our Class A common Stock. Speculation on the price of our Class A common stock may involve long and short exposure. To the extent aggregate short exposure
exceeds the number of shares of our Class A common Stock available for our Class A Common Stock available for purchase on the open market, investors with short exposure may have to pay a premium to repurchase shares of our Class A common Stock for deliver to lenders of our Class
#GME#AMC My oh my...the things the news articles won't...so I kinda went back into the records of the FTD's posted on the SEC website and it looks like January was one of the hardest months for both stocks in terms of total shares that failed to deliver. In January alone the
it appears that the total number of shares short were 15,705,034. This was spread across the entire month of January for a combined total amount of $1,154,268,826.83 at the time of our January high the total FTD shares was on 1/26 2,099,572 for a total price of 161,226,133.88.
1/27 1,972,862 shares failed to deliver with a price point of $291,944,118.76. on 1/28 1,032,986 with a price of 358,9872,964.86 for GME. For AMC, when we jumped in January 1/26 with total shares FTD was 385,273 at a total price of $1,702,906.66. 1/27 FTD was 27,693,649 at 4.96
#GME#AMC lets see if this snaps back once option trading ends in an hour.
If it helps - keep this in mind just for the month of February alone GME has had 1,402,157 shares that failed to deliver coming with a price point of $141,699,138.36.
this number is based on the FTD report that gets updated twice a month on the SEC website. For AMC alone for the month of February the total shares that have failed to deliver were 7,840,939 which stand for a total amount of 68,019,081.84. I'm currently calculating the total
amount of shares that FTD for January. I'm awaiting the report from SEC as they haven't updated the amount of shares that have FTD for the first half of march yet and won't be made available until March 31st which is next Wednesday. What I surmise is happening on the mkt right