Thread by @CarreyTrades

My initial reaction to this video misappropriating responsibly obscured my judgement of what is being said here.

I think we’ve, again, confirmed the validity of #MOASS consistent with many of the original theses. Allow me to explain:

(1/)

https://twitter.com/unusual_whales/status/1523710039021670400

The message being sent in this video is that market bottom won’t be found until apes leave. This is a point that apes AGREE WITH. Basic ape thesis is that stocks like $GME and $AMC have been abused to an incomprehensible level by the people who have *always* been behind this (2/)

impending market crash, as well as every other one in history. They are the only ones with the pockets (and rule exceptions) to do so.

Apes discovered this and realized the only way to protect against the inevitable was to join the ranks of those who hold Wall St’s IOUs (3/)

The expectation for apes is that, as always, there will be no punitive actions taken against those with the means to over leverage the entire market into destruction.

We can already see this with retail being used as the scapegoat to justify bailing out the banks. Again. (4/)

So, apes have decided, come hell or high water, they would hold until the pain of 2000 and 2008 were felt on those responsible. And thus far, they have done so admirably.

Now, let’s get into the market mechanics of this and how that connects to the video from earlier today (5/)

What we have here, functionally, is the proverbial unstoppable force meeting the immovable object. Market rationale was thrown out long before apes were involved, and I’m convinced that was something @TheRoaringKitty discovered before COVID put the nail in the coffin (6/)

Those responsible for the pending market capitulation abused their privileges to “provide liquidity to the market” and created short positions that they never intended to keep track of, let alone cover. Something they would never touch again.

That is, unless they HAD to (7/)

COVID allowed unmatched ego to take this to a point of existential destruction. The magnitude increasing exponentially with each and every delay. The government allowed unprecedented borrowing, which provides even more leverage to expand seemingly “inconsequential” shorts (8/)

Unfortunately, once the assets that provided the means for that kind of leverage dry up, you face a number of tough decisions. Your ego prevents you from closing either long or short positions, so you deploy whatever emotional tactics possible to stop the bleeding (9/)

This takes the form of almost untradeable chop intended to drain retail of whatever extra capital they may have, psyops on social media, and mainstream media misappropriating responsibly for this crisis to retail (literally how, please tell me) (10/)

Eventually retail completely blows themselves up or exits with whatever profits they have left. With how many people entered the market in 2020, I’m not surprised to see it trigger at least a short term bear market. If that was all, they wouldn’t be already blaming retail (11/)

Back to the video again. The basic sentiment being communicated is that when the “unworthy” people in the market leave, we’ll have a bottom. But what do we know about the reality of the market and geopolitics? Fed is starting QT, inflation rising, global conflict, etc (12/)

https://twitter.com/unusual_whales/status/1523710039021670400

(It’s even more nuanced, but that’s for a different thread)

Fintwit has already flipped bearish, and for good reason, but very very few truly realize the magnitude of what is happening, not to say it won’t be part of the excuse blaming retail (and maybe worse, see above) (13/)

Remember, these infinite short positions still exist, as proven by $AMC float ownership topping 90% by retail. Also, JPow and the Transitories are the biggest whale on the block. Do you really think anybody on Wall St is going to battle with the Fed to keep the market up? (14/)

So Wall St faces the reality of having rapidly devaluing assets while retaining these exorbitant levels of IOUs. They can take their profits, but not without also addressing some of their short position. When you aren’t required to accurately report your shorts, it changes (15/)

how you approach covering. You inevitably have shorts outside of these completely untracked/infinite positions, so again, you don’t have to cover them until you are forced to. So you cover TSLA up to $1200 and exit your GOOGL/AMZN shorts to not get stuck on the split (16/)

But at this point, you’ve already destroyed most retail. Can’t exit your longs if there’s nobody to baghold for you. So you name an arena Crypto.com and put QQQ commercials on TV. Stocks aren’t gold, your gains are extrinsic until you close your position (17/)

Alternatively, you can ~ begrudgingly ~ close your shorts. Remember, she said the market won’t find bottom until retail no longer owns over 90% of $AMC for example. Also, there comes a point when they lose the autonomy to keep any open positions, long or short (margin call) (18/)

This margin call has been a core proponent of the ape thesis from the beginning, and as the market continues to capitulate lower those who have made this bed with reckless shorting lose more and more ways out. How does this get even worse for the existentially irresponsible?(19/)

They could find themselves unable to close their short position due to illiquidity. As the market continues lower and their assets continue to bleed, it puts more pressure on the shorts. Unless they are REALLY irresponsible and keep adding shorts to drive price down (20/)

The unstoppable force/immovable object collision occurs when they can no longer manipulate the value of their other assets and they meet a de facto margin call. Reduce your shorts or get liquidated. How do you reduce your shorts if there’s no liquidity? Forced margin call (21/)

This is where we get to the magnitude of her claim. “We won’t find bottom until apes sell their longs and leave.” They are out of options now. She’s saying the downward pressure on the market only stops when the shorts close. Apes will decide how easy or hard it is for them (22/)

Should apes continue to buy and hold as price goes down, the best they can do is go on tv and try to pretend retail ever had enough power or capital to make this mess. The world has already begun the unfurling process as stated above. The pressure goes up as markets go down (23/)

The only choice they have is to get as many apes to fall well short of #MOASS as possible.

This is the moment where apes get to decide. The pressure doesn’t let up until apes leave. If the last year has shown anything, it’s that apes will only leave on the moon

MOASS INEVITABLE

Thank you to those who have helped amplify this message. My hope is to remind everybody of the situation and to love each other. Apes knew the emotional warfare would be brutal.

Anyways, please go look at options flow from May last year for $AMC. That’s the key.

Misappropriating responsibility*

Edit button please @elonmusk

I would like to make one more point regarding this thread.

If there is anything I missed or didn’t explain well I encourage you to let me know, so we can have a constructive discussion about it.

This isn’t meant to be a loud message in an echo chamber, and I encourage discourse

For the low budget trolls in here, I’m a touring musician. You really aren’t gonna go far trying to heckle me or act like throwing shit against the wall deserves a dignified response. Go try somewhere else 😂