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Jul 15 • 9 tweets • 3 min read
Latest $BBIG DD Thread:

Just a reminder of this thread where I highlighted the last time $BBIG barcoded like crazy before it hit a liquidity pool about 10% below it's average price on the week and then took off for the stars within 30 days.

As always... NFA...
$BBIG has more than 250,000 call options hidden in the options chain with the potential to expire ITM and put unimaginable pain on market makers and the shorts who have beaten $BBIG into the dirt.

For context, 257,640 calls is over 25.7M shares, or 20% of the total Free Float.
Market makers have been anticipating $BBIG would not survive this beat-down, and have been dictating the price on these options as worthless for the past month to convince retail to sell for pennies on the dollar.

In driving the price down so far, they've created an opportunity.
As it happens, $BBIG's price is hovering directly above $1 where July 15 and July 22 call options are between $0.06 and $0.12 per share, or roughly $6-$12 per contract.

MMs are destroying these contracts by buying them back from retail as cheaply as possible, per @unusual_whales
However, I also have observed that retail has pretty much exclusively bid up the weekly options. The problem: They're buying *only* OTM options, which are always declining in value and bleeding out because of Theta Decay.

This is not the way.
I'll be putting out an update video here shortly that will explain everything and what Susquehanna's plan is, and what retail's options are, no pun intended.

Standby. Important update coming soon.
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More from @TRUExDEMON

True Demon Profile picture
Jul 7
$BBIG DD Thread:

The recent sell off (almost entirely barcoding) looks like it was a liquidity hunt from the beginning.

The drop to $1.05 has reclaimed support since yesterday and is beginning to form an inverse head & shoulders, simultaneously breaking out of a falling wedge.
These are just technicals, but the extreme short exempts on $BBIG are in-line with the same behavior that I've observed in dozens of squeezes that were bottoming out within days of squeezing to new heights.

It happened to $BBIG and $SPRT around the same time in Aug & Sept 2021👇 Here is $BBIG since June 15th of this year. Huge short exempBBIG Pre-squeeze short-exempts spiked before it ran from $2
This is what it looks like graphed out on a chart, with short exempts spiking extremely high, also coinciding with a descending wedge that occurred over the same length of time and with similar price-action leading up to the squeeze.

It's uncanny.
Read 10 tweets
True Demon Profile picture
Jul 5
Vote is in. It's a landslide. +81% in favor.

Hell's Trading Floor will be collaborating on a new project to tabulate and record ALL retail shareholders' stock holdings on a voluntary disclosure basis in order to prove to the regulators that #WeOwntheFloat
Expect further details from us once we have made some progress on the project.

Rest assured that our code and our process will be completely transparent to the public, as will the sanitized and anonymized data once it is collected.
I don't normally mix #InfoSec with #stocks, but to all my friends in the industry, we could use some help with pentesting & validating our code once it gets to that point.

This project needs to be kept secure. The entire banking and stock exchange industry will be against it.
Read 6 tweets
True Demon Profile picture
Jul 5
I did some more digging into $BBIG and why the options chain has disappeared. I've finally gotten some details and answers as to why.

Good news? If you had calls in BBIG before the dividend, if you exercise, you're entitled to $TYDE! Bad news is that

infomemo.theocc.com/infomemo/searc… Image
The bad news is that the bid and ask on $BBIG's "adjusted options" is non-existent, indicating that pricing is being dictated by the market makers because retail participants are either unaware or unable to trade these options due to broker restrictions. Image
As it currently stands, my $BBIG calls (now BBIG1) are only offering $0.06 per share, where their counterparts had been trading as much as $0.12 higher.

The market maker (Susquehanna) is dictating the price on these contracts, and they have effectively hidden the Open Interest. Image
Read 6 tweets
True Demon Profile picture
Jun 29
So I'm reviewing $XELA and I have seen that the company is rather beat-down lately, being one of the few Fintech sector growth stocks that has been consistently putting out good news, announcing profitable customer contracts, yet continuously selling off...

DD Thread to follow:
What I find so curious is that $XELA has had a run of good luck in terms of its financial debt restructuring, adding up to a $6M yearly savings on interest, plus multiple new contracts with international and domestic clients adding over $180M to their revenue in just 3 months.
$XELA even announced a massive share buyback for $100M at $1.25 per share in mid-April (extremely generous, given the market price of $0.42 that day

But the stock barely moved?

This is why. 3/8 - 3/15, an average of 15% of the stock traded that week was SHORT EXEMPT.
Read 17 tweets
True Demon Profile picture
Jun 24
So... I know I've been *really* quiet about $BIOR, but quiet doesn't mean silent. I've been watching the data on it over the last several months while pressure built up from the shorts.

But now is the right time to strike, so here's the DD for everyone to review. As always, NFA. Image
First off, let's review the Ortex Data. Utilization has been maxed out at 100% since the gap-down rug pull in March, and yet shorts and loaned shares have increased since then.

Only recently, shorts have begun unrolling their positions, and I suspect a few reasons why. Image
At a time back when $BIOR was $PROG, its entire float had been shorted by over 80% as short exempts were abused by market makers to cover the demand from retail upon the good news of PROG's new patent grants for their DDS and OBDS drug delivery systems. Image
Read 21 tweets
True Demon Profile picture
Jun 23
And $BAC is playing a dangerous game with derivatives, along with $JPM $C $GS and $WFC >.>
If this is unclear, there are more than $200 TN in unsecured OTC derivatives held by the largest 25 banks. 90% of this risk is held by the top 6 banks...at a time when bank revenue has posted its first material total losses since this bull market began.

The banks have few assets
Out of the $200Tn in derivatives, the banks hold less than $20Tn in assets acting as collateral.

That's a 10:1 ratio of unsecured debt if those derivatives are downgraded, lose value, or go into default.
Read 5 tweets

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