short position and the volatility of the market. You will need to pay up immediately. 2) The NSCC showed us that we have a liquidity issue when it comes to these stocks. Liquidity in accounting means that you don’t have enough current assets to cover short term obligations and
the other assets you do have are not that is translatable into cash. It’s like if I have 2M dollars between cash and investments but I have a huge Fixed Asset that wont be sold immediately to cover whatever short term obligation should I get called out on it aka margin.
3) The change of the how the transaction is recorded on the books indicates that they are not changing the overall rule itself rather how the transaction is recorded leaving intact creditors ability to Margin Call or collect the debt at a whim if it has been pledged
on the DTC’s books. This leads me to my point of what we’ve all been saying all along. Many of the HF and MM have also over leveraged themselves when it comes to the meme stocks. They have borrowed and used the stock as collateral. Not to mention they have put banks in tremendous
disadvantage because they are using the stock as collateral to cover the loans, they’ve taken out to play the market during 2020 and 2021. This is so obvious now. The DTC is basically saying that there is more here than you guys know, and I hope you can put it together.
Here is where my mind on this third rule. The NSCC is the keeper of all the stock and knows the true amount of how much is there and what is being loaned out as collateral if the account is kept with them and if it is a third party they know and understand that they have
one side of the transaction. They understand that the banks have loaned money to HF and MM to use to both buy, sell, write and create options from thin air. They also know that the Dark pools (Yeah, I said it and we are about to cover that concept with this)
are behind the third-party trading that gets reference. If you look at the amount of activity being covered through the dark pools as has been spoken a lot of around each and every content creator out here…So, let’s get into how dark pools play a role into rule 3. Here is what
we know so far and why this is important for you to put the pieces together. 1. I wrote my original FTD and Shared interest post for a reason. . I wrote it this way to give you guys an idea that no matter what Finra and the SEC states and on whatever date we end with the
On Balance Volume (OBV). OBV shows the volume (number of shares rolling in and out of a given security. It is the cumulative total volume (positive and negative) this is why I kept saying check your month-to-month data. No matter how you sliced it or where you pulled
the number from at the end of it all if it didn’t add to the net monthly amount of the volume added to each stock then you know that the left side and right side don’t balance out.
The funny thing about dark pools is that they don’t show their books. They don’t show their trades or how much of each is posted to the account and by whom. For days I kept trying to solve the impossible math problem because in accounting the books must tie and reconcile
themselves back to zero monthly. If they don’t adjustments need to be made. Well why is this important. If the DTC has a part of that transaction, then they also know how much is relatively outstanding in the dark pools.
According to the rule the pledge services of the DTC are available to banks, trust companies, broker-dealers and other persons approved by the DTC, which have entered into an agreement with the DTC satisfactory, for the purpose of effecting a pledge of deposited securities to
banks, trust companies, broker dealers, and other Persons. Okay well why does this matter. Let’s cover basics: What is a dark pool? It is a private forum so to speak for trading securities better known as the Alternative Trading System for securities, derivatives, and other
inancial instruments.
Types of dark pools:
-Independent Companies set up to offer a unique differentiated basis for trading
-Broker-owned dark pools where clients of the broker interact, most commonly with other clients of the broker in conditions of anonymity
-Public exchanges set up their own dark pools to allow their clients the benefits of anonymity and non-display of orders while offering an exchange “infrastructure”
Original intent – was to facilitate block trading by institutional investors who did not wish to impact the
markets with their large orders and obtain adverse prices for their trades. Okay so what…Well how about this on for size dark pools are heavily used in high-frequency trading, which often leads to a conflict of interest for those operating dark pools due to payment for order
flow and priority access. Mhmmm go on…High Frequency traders may obtain the information from placing orders in one dark pool that can be used on other exchanges or dark pools. Do I have your attention now? Who does that sound like????
Oh, and let’s see how many dark pools are currently in existence? 50…Here is the list of Broker -Dealer Dark pools -: JP Morgan (JPMX), Barclays Capital -LX Liquidity Cross, BND Paribas – BNP Paribas Internal exchange (BIX), BNY ConvergEx Group (Bank of NY Mellon affiliate),
Cantor Fitgerald – Citi Match & Citi Cross, Credit Agricole Cheuvreux, CREDIT SUISSE, DEUTSCHE BANK GLOBAL MARKETS (DBA EUROPE, SUPERX ATS U.S.), Fidelity, Getco, Goldman Sachs, Knight Capital group, Merill lynch (Instinct-X), Morgan Stanley- MSPOOl, NOMURA NX, UBS (ATS,MTF,PIN)
Societe Generale Alpha Y, and Daiwa-Direct. Now which one of these broker-dealer owned dark pools was in the news lately… That’s right folks Nomura, Credit Suisse…. So, I’m going to know pause and leave this here. Because I still have much more to cover but as you can see,
we have started unraveling what is going on behind the scenes to the rules. Here is my first initial conclusion and wrap up before tomorrow's posting...The DTC knows the plays that are being made within the ATS network
they may not be able to tell us how much, but we know that most of them have over leveraged assets that they do not have nor owned just to be able to combat retails buying power. Part 3 up next.
out to you. So what is next....part of my conclusion if you will The DTC knows the plays that are being made within the ATS network they may not be able to tell us how much, but we know that most of them have overleveraged assets that they do not have nor owned just to be able to
combat retails buying power. The DTC knows that at some point they will have to be margin called for these deals. The stuff is already hitting the fan. I predict that more and more HF and MM and banks will still bite the dust in the coming week. Do not think for a second that
message out far and wide folks. Tonights recap message it’s time to come on home. Why? We got some official things to discuss and I may be late to the party but I’m about to break down the SR-DTC-2021-005. Why am I saying it’s time to come on home?
Because this all affects us the same way we are one family in this struggle. No matter what happens we got each others backs just like family. So lets break this rule down and I’ll tell you how it effects you and why this matters. Lets Recap what we know and what has occurred in
#AMC#GME alright the Failed to deliver data has just come in and here is where we stand as of April 1, 2021.
AMC FTDs were 11,506,779 shares at a price point of $97,474,750.40.
For GME you all have 386,618 shares sold short with a price point of $72,950,601.05. See the pics ⬇️
As I'm going through the numbers we've already surpassed the amount of FTD's in February which came to a total of 7,840,939. Remember these numbers as you all read the rest of this... Moving on to the total number of shares short.
#AMC Tonight on the Recap "New Acquisitions." This was pointed out to me and I'm going to cover it as we all need to be encouraged and be of good cheer. People better start respecting AMC as it's trying to turn into an entertainment power house. streetinsider.com/Corporate+News…
so without further delay lets get into it. By the way this is not financial advice lol, but I just want to take the time to help you all understand what is going on here. When it comes to the current deal between AMC and Cinedigm. So a few things you should know before I get
into it:
1.There are two types of Assets Sale Indirect Asset Sale – Acquiring Corporation gets the underlying asset by buying the controlling amount of interest to the stock. Direct Asset Sale - Acquiring them directly from the Target Corp.
#AMC#GME#KOSS#TSLA#Holders#Stonks#Stocks It is a little bit past midnight in California but I want to make sure this first piece got out with no adds so bear with me as this is a long tweet lol. What’s good folks??? I hope and trust you’ve had an amazing day. I want to
welcome each of you to “The Recap 101.” Tonight we are going to go through all of the details that you need to know in regards to NEGATIVE BETA STOCKS. What they are, how to find them, what they do for your portfolio, the risk reward, and how it correlates to the market today.
Let’s start from the beginning...lets discuss what volatility actually is. Volatility is the degree to which a stock price can change. You often hear me talk about on here about what implied volatility is well beta is another measurement of volatility but it further explores the
#AMC I'm not sure why folks are still worried about the executives selling shares but let me explain. The transactions related to box 3 code G represent Gifting to Children and Charitable Organizations. In Tax gifting is a way to minimize your tax liability. In addition,
stock being granted is either a Restricted Stock Unit or a Non Qualified Stock option that is given or rewarded was apart of compensation. When RSU vest they are immediately taxable until then the owner does not have the right to own the stock and cannot do much with it.
Upon vesting these stocks convert to Common Stock. So I surmise that those stocks that were sold converted from an RSU to Class A Common Shares. Long story short there is no there here. We need to keep site of the forest and not get lost for the trees. Stay the course folks. We