Didnt take long for solid proof that this Trey character is a moron. He doesnt even know how to read filings...
The ORIGINAL prospectus was submitted in Apr. This supplement is dated TODAY. This is simply AMC exercising their open ATM. After today they have roughly 6.5M shares left to sell...
Sounds like I was wrong about this. I see Mudrick have made comments that they "have no regrets" selling when they did. Wont know what price until the filing comes out.
The bank(s) running this new 11.5M share ATM are probably the ones writing calls against this yesterday. 11.5M shares isnt a whole lot given the vol, but this may be the intervention needed to slow this down.
Havent read it. The only person on that network Id consider listening to is Pete Najarian. I spent a long time training myself to disconnect from the nonsense that surrounds most of these talking heads and its been beneficial for my bottom line over the last couple years.
I got about 1min in and had to shitcan it. I simply dont listen to noise like that anymore. Short interest isnt reported daily. Its pretty irregularly reported actually. Usually 2x per month. All those websites that "update" what the short interest is on a daily basis are BS. That data come from...
Just be aware that just as retail learned a lot about the whole GME saga, so did the market makers and firms that run the big funds. They simply have much more data at their disposal and can see how everybody is positioned. If there is one thing ive learned over the years its to keep my distance...
Yes. Given that they are a lot smarter than me and likely had a much better understanding of the options that were being sold and scooped up at ridiculous strike prices that day. Once way out of the money calls are in the money...there is almost 100% chance people are getting run over and there...
This is from people selling way out of the money calls getting ran over. There were no more stupid way out of the money strike calls introduce today. Does it gap up? Does it gap down? nobody really knows. That $72 blow off move was pretty powerful and then the volume dried up and has just...
A fund playing this is not selling a market order for a $5/sh profit. There are lots of games that get played with hidden sellers, bid props, iceberg orders....but one thing I know for sure is Mudrick didnt just dump a bunch of supply on one candle.
Citadel owns 5% of Mudrick Capital Managment. Mudrick are the ones who were issued 8.5M shares at ~$27. They likely made out just fine selling to retail over the last couple days.
The squeeze has been going on since the 27th. Then the following day the $50 calls were opened, then the $73 calls were opened the day after that...etc. I personally have done nothing more than scalp this name and was done with it once it started skipping dollars into halts. In fact, my last...
For you guys just starting to learn about this stuff look up Gamma Squeeze. Because thats what this is. Ive been trading full time for close to 4yrs and only recently started following option chains on some of this trash.
Here is a pretty good explanation...
$AMC traded more options contracts today than $AAPL, $SPY, and $TSLA combined. Ive never seen a ticker with a 500million float trade like a low float chicom shitco before. Absolutely insane.
Bowtiepower00 is pretty much right...but whatever you do, dont stop overnight in Moriarty,NM. I had a truck stolen there and was told the area has the highest vehicle theft rates in the entire US. NM as a whole is a shithole imo. Ive driven from SF Bay Area to LOTO 6 times in the last 60 days or...
If you run the cleavers and like them I have a right hand 15.25"x 34p I ran on my single 300r that id make you a great deal on. I changed gear ratios in lower and 34 is too much prop now.
I have a bunch..but my desktop is 2000 miles away. The days I ran out there it was not crazy. The wakes from the ferries and big ass boats was the biggest issue. The wind was very light. Conditions need to be pretty favorable to take a 21'er out there...lol
edit...here is a video from some of...