Hmm. I'm just gonna openly talk about this. Full disclosure; pure speculation. So, the Fed pre-emptively blaming meme-stocks for systemic risk in the way they did seeming to point to pre-knowledge of a new event, coupled with the recent load ups and the extreme surprise of the 1/
OG memestonk $SNDL (8000% EPS, EBDITA higher than was predicted for the entirety of 2022, zero debts, restructure complete, investments, I could go on) which was in the cellar box basket alongside the rest of the memes, seems to indicate that their predictive algorithms 2/
are pointing at a serious stock pop for the meme baskets. I can't honestly point to any dates for any of the other baskets that would move them all up together. If anyone has a piece of that puzzle, point me at it. However, it makes me wonder, what happens when you have a meme 3/
run DURING a market correction? We're 100% due this week and next for an index correction to fall better in line with max pain for the quarterlies and monthlies. We are running WAY above on the indexes. So if we have a meme run, PLUS a correction.... are we talking mass FOMO?
In case anyone is wondering "what predictive algorithms," I guess I should link this. A quick refresher on exactly who BlackRock is, and their pet predictive market machine, known as "Aladdin."

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More from @GypsyWicked

16 Nov
Full disclosure; I eat crayons. Here's a fun recap theory read. A certain mayo-loving he-who-must-not-be-named was utilizing his little high-frequency trading (HFT) operation to duplicate shares for the last several years for a basket we know and love called the meme stocks. 1/
This share duplication technique was creating actual phantom shares in the virtual trading environment nerve centers. It was driving price action down, he was making money, no one but him was happy, and it was very, very naked. It might not have even been illegal, because 2/
regulations might not have outlined the technique as being illegal. What our mayo-boy didn't know was that he was creating a de-facto share obligation ETF that would have a weighted movement causing magnetic price action for the foreseeable future across the memestonks. 3/
Read 13 tweets
15 Nov
Pre-pre-market short share availability check, 2am EST. 2 hours to pre-market. 150k GME, 5 lenders. FBomb- 1m+ // AMC - 1m, 9 lenders, FBomb- 1m+ // SNDL - 4.3m, 5 lenders, FBomb- hard to borrow.
4am- IBKR showed a weird pre-premarket withdrawal of 100k SNDL lendies, prior to market open, then just as PM opened, instantly a milly shares down. Currently reporting 3.2m lendies. 5 lenders.
Ok, they're trying to bore me to death. Imma go watch a movie.
Read 4 tweets
24 Sep
@realMeetKevin @vladtenev @CNBC @realMeetKevin the e-mails are going around right now. On the day of, Citadel informed all of their PFoF clients they would not be paying PFoF for purchases of GME, only sales. All brokerages utilizing PFoF would have had to eat all purchase costs themselves. This is the why.
@realMeetKevin @vladtenev @CNBC The story about liquidity was BS from the start. The settlement deposit requirements were waived prior to market open on the day sales were restricted. Those liquidity requirements were still used as a cover story. He did not need to meet them, they did not exist. It was PFoF.
@realMeetKevin @vladtenev @CNBC That is why every brokerage that utilizes Citadel's PFoF payments to offer "free" trading to their clients restricted sales of GME that day, and those that do not, did not. They didn't ALL have liquidity issues all at once, they were simply unwilling/unable to eat trading costs.
Read 11 tweets
22 Sep
YEAH JPOW WHAT'S THE USE, HUH? CHOKED ON THAT ONE LOL
Oh good lord. "If the debt ceiling doesn't raise, we can't be expected to protect you." Lmfao.
Laymen's terms: We're printing money, we're going to keep printing money, raised the debt ceiling so we can pay our bills with printed money, or it's going to be Armageddon. Also: I can't even tell you what our printed money is for anymore, but it's no longer a tool for recovery.
Read 5 tweets

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