A year ago, in a small corner of the internet, on a sub Reddit called Wall Street Bets an idea was formed. “What if retail bought up our favorite stonks, that were maliciously shorted, and just held and bought no matter what? Can we save those companies?” $GME $AMC 1/13
So, we did just that. We bought, and we held. We bought more, and held. And on January 27th, the idea proved to be true! Our stocks saw MASSIVE GAINS! Retail was on top of the world! We did it!… until 2/13
January 28th. The market makers, the elite, the 1% told us that we weren’t good enough. That we didn’t know what we were doing, and they restricted us from freely buying into our stonks, they even went so far as to restrict buying on the app they we used most RobinhoodApp 3/13
Instead of accepting message that the market makers and brokerages had sent us, and just accepting it, the apes were born. ALL PEOPLE EQUAL. No politics, social class, race, gender, sexual orientation, blah blah… ALL PEOPLE. 4/13
Paper hands exited their positions and left at the first sign of gains, but the apes persisted. They fought, they Held On For Dear Life, or “HODL” as it became known as. 5/13
The apes felt tremendous loss and saw minimal gains. Bag HODL’ers from January 28th stayed and held their hands with diamond hands. 6/13
And we’ve had many victories along the way. And suffered some loss, but we’re still here! 7/13
The more we talk, the more we teach, the more we learn, and the more we study, the more we find that the markets have been stacked agains the 99% for a very long time. But we can change that. This movement WAS about free money, now it’s about change. They say it’s impossible…but
The 1% have had their chance to change the world for the better. They had their chance to give back, they’ve had their chance to leave a better world for the next generation, but their greed has made them emotionless and worthless. 9/13
So now, as apes, it’s OUR turn to change the world. And we’ve already begun. From nationwide toy drives, to giving back in our local communities, apes have proven that, not only are we a force for change in the market, we’re also a force for change in the world 10/13
And the more they throw at us, the more convicted we become. Their algos can’t figure us out. Their bots and paid shills can’t weather our resolve, in fact it does the opposite. It makes us stronger. It brings us closer. 11/13
So on the birthday of the ape nation, January 28th, let’s send a message to the world. Let’s send a message to the shorts, let’s send a message to the institutions #APESNEVERLEFT and that our companies ARE profitable because WE LOVE THE MOVIES and #APESNOTLEAVING 12/13
Let’s over #AMC theaters all over the world by buying as many tickets as you can. One ticket, or 100, it doesn’t matter. GO TO THE MOVIES!! Take the kids, take your friends, or better yet, DONATE some tickets to a local charity! Let’s Make it an experience to remember! 14/14
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An experience that @LowKey_disco and myself had at an @AMCTheatres, last night. I wrote @CEOAdam a message about this, and wanted to share with everyone. 1/11
I write you this to tell you about an amazing experience that a dear friend of mine and myself witnessed at an AMC theater in La Jolla, California, last night. We went to the 5pm showing of "Spiderman", 2/11
after the movie, we were sitting at one of the tables in the common area in the theater lobby. We witnessed an employee pushing an older gentleman in a wheelchair, and placed him at the table next to ours, and sat down directly next to him. 3/11
MOASS Mindset time! If you thought the hard part was holding the last 10 months, I have bad news for you… (1/8)
So you diamond handed for 10 whole months. Picked up plenty of more shares, maybe even saw some gains along the way (or losses no judging). You didn’t sell you beautiful ape. You’ve seen the FUD, the theories, the DD… you’ve seen it all and survived it. (2/8)
The MOASS is finally here. The hard part is over right? WRONG.
That was the easy part. The hard part is when things start actually moving into action. When the ticker slowly moves from 1,000 to 10,000 to 100,000 to 1,000,000 and so on. It may even drop at certain points. (3/8)
**DD FOR DUMMIES** Morning, STONKERS! If you’re a bag HODLER, and have no idea why you’re in the red, this tweet is for you!! I want to talk about Cost Basis Per Share or “Average Price”. 1/11
Your Cost Basis Per Share or Average Price Per Share (depending on your brokerage) is just that. The average price that you bought your shares at. If the price goes up, from there, then obviously you’re gaining money in your investment, and if it goes down, then the VALUE of 2/11
your investment is going down. You still own your shares, so the VALUE of your shares goes up, and it goes down on a daily basis. 3/11
WHAT IS PAYMENT FOR ORDER FLOW?
Payment for order flow is essentially the practice of a PFOF broker routing orders through a series of market-making firms, instead of directly to a stock exchange. 1/14
The broker gets paid by these firms for redirecting trades to a particular market maker for completion. These companies pay a small amount to participating brokers and complete the order.
2/14
The market makers gain from this flow of trades in two ways. First, as market makers, they are typically able to sell at the (higher) ask and buy at the (lower) bid.
3/14
DD For Dummies: A History lesson vs. Today's price action...
On January 5th, $AMC was at its lowest point at $1.91. From then to the run up on January 27th, that was 22 days... 1/5
From January27th to March 11th, AMC went into a pennant. It filled gaps and experienced a false breakout, back onto the previously formed pennant, and had a breakout to the upside, on May 11th at the end of that pennant. 22 days later, AMC went to $72.62. 2/5
Since June 2nd, the stock went into another pennant. It's filled gaps, and even had a false breakout from that pennant. On September 30th, another pennant formed and crossed the larger June 2nd pennant, AMC broke out of both of them...today, October 13th. 3/5
*DD FOR DUMMIES: What's beta? Beta is a measure of risk commonly used to compare the volatility of stocks, mutual funds, or ETFs to that of the overall market. The S&P 500 Index is the base for calculating beta with a value of 1.0.
Securities with betas below 1 have historically been less volatile than the market. While securities with betas above 1, have historically been more volatile than the market. The beta is calculated using data over a 5-year period.
GameStop Corp. Class A Report has a negative beta of -6.8, according to Infront. Roughly speaking, the negative coefficient means that the stock often moves opposite the general market trend. See below the comparison of GameStop's beta with its main segment peers.