Re: Overlords Investment Conclave [OIC] Recruitment Thread
Posted: Wed Jan 27, 2021 3:35 pm
I just took a look at GME Feb 19 300 put prices -- $156 -- and IV > 500
LOL
LOL
That is not dead which can eternal lie, and with strange aeons bring us some web forums whereupon we can gather
http://garbi.online/forum/
Scores them on probability of being the next target? I'd like to see that if you can access it when you get home. Though I guess you could also look up GME and the others, and see if there is any pattern to the madness (any order? Retail stocks with largest short positions, ranked by....?)malchior wrote: Wed Jan 27, 2021 3:18 pm Someone at work linked me to a site scraper for reddit investment threads and scores them. It is unfortunately on my work computer and I can't get the link without manually eyescraping it over. In any case, it appears they are attacking large short positions in retail which makes sense. They've been all shorted to hell. However, eventually people are going to sell out of these positions and may find there isn't anyone buying and the prices will just collapse. It's madness.
That is what the hedge fund guys all thought. In the end, you run out of margin runway which is what this attack is going after in the end. Can you force them up against a wall and force them to close out? Or possibly run into their internal risk metrics that require them to close out. For bystanders, it is playing with fire.Carpet_pissr wrote: Wed Jan 27, 2021 4:33 pm Why would we all NOT be shorting GME at this point? Not a rhetorical question. I'm VERY tempted. At some point it will come back down to reasonable levels. Right?
There is not really any new "usable" capital. They theoretically have more borrowing capacity and other tools but no financial institution is going to care about these valuations.The only thing I can think of as a counter-argument is that now that the company has access to all this new capital...they can get smart and pivot completely to a business model that ISN'T dying/dead.
The big problem is this becomes a major distraction from the business of fixing their companies. The former NASDAQ President was saying the CEO is now forced to address this situation which takes their eye off whatever plan they were actually trying to execute.I mean, it really has the potential for a smart CEO to take advantage of the madness by doing something big that COULD actually make the company worth close to what it's currently trading at. Some day.
That's what they thought when they originally went to short these stocks, is that what you meant? Because the math has...changed since then.malchior wrote: Wed Jan 27, 2021 4:41 pmThat is what the hedge fund guys all thought.Carpet_pissr wrote: Wed Jan 27, 2021 4:33 pm Why would we all NOT be shorting GME at this point? Not a rhetorical question. I'm VERY tempted. At some point it will come back down to reasonable levels. Right?
It's very difficult to short now (huge margin requirements) and puts are way too expensive. Not sure how one would go about shorting.Carpet_pissr wrote: Wed Jan 27, 2021 4:55 pmThat's what they thought when they originally went to short these stocks, is that what you meant? Because the math has...changed since then.malchior wrote: Wed Jan 27, 2021 4:41 pmThat is what the hedge fund guys all thought.Carpet_pissr wrote: Wed Jan 27, 2021 4:33 pm Why would we all NOT be shorting GME at this point? Not a rhetorical question. I'm VERY tempted. At some point it will come back down to reasonable levels. Right?
Not to mention that there are more shares short than there are shares. Not a place I'd be comfortable betting cash monies, even if I agree that it's coming down at some point.LawBeefaroni wrote: Wed Jan 27, 2021 4:59 pmIt's very difficult to short now (huge margin requirements) and puts are way too expensive. Not sure how one would go about shorting.Carpet_pissr wrote: Wed Jan 27, 2021 4:55 pmThat's what they thought when they originally went to short these stocks, is that what you meant? Because the math has...changed since then.malchior wrote: Wed Jan 27, 2021 4:41 pmThat is what the hedge fund guys all thought.Carpet_pissr wrote: Wed Jan 27, 2021 4:33 pm Why would we all NOT be shorting GME at this point? Not a rhetorical question. I'm VERY tempted. At some point it will come back down to reasonable levels. Right?
I don't think that's the case now, Melvin and Citron have covered.Zaxxon wrote: Wed Jan 27, 2021 5:03 pmNot to mention that there are more shares short than there are shares. Not a place I'd be comfortable betting cash monies, even if I agree that it's coming down at some point.LawBeefaroni wrote: Wed Jan 27, 2021 4:59 pmIt's very difficult to short now (huge margin requirements) and puts are way too expensive. Not sure how one would go about shorting.Carpet_pissr wrote: Wed Jan 27, 2021 4:55 pmThat's what they thought when they originally went to short these stocks, is that what you meant? Because the math has...changed since then.malchior wrote: Wed Jan 27, 2021 4:41 pmThat is what the hedge fund guys all thought.Carpet_pissr wrote: Wed Jan 27, 2021 4:33 pm Why would we all NOT be shorting GME at this point? Not a rhetorical question. I'm VERY tempted. At some point it will come back down to reasonable levels. Right?
According to a group chat I'm in, that's "fake news". The exact message is "Yep SI/float is over 100% still. Fake news by the angry hedge funds."LawBeefaroni wrote: Wed Jan 27, 2021 5:04 pmI don't think that's the case now, Melvin and Citron have covered.Zaxxon wrote: Wed Jan 27, 2021 5:03 pmNot to mention that there are more shares short than there are shares. Not a place I'd be comfortable betting cash monies, even if I agree that it's coming down at some point.LawBeefaroni wrote: Wed Jan 27, 2021 4:59 pmIt's very difficult to short now (huge margin requirements) and puts are way too expensive. Not sure how one would go about shorting.Carpet_pissr wrote: Wed Jan 27, 2021 4:55 pmThat's what they thought when they originally went to short these stocks, is that what you meant? Because the math has...changed since then.malchior wrote: Wed Jan 27, 2021 4:41 pmThat is what the hedge fund guys all thought.Carpet_pissr wrote: Wed Jan 27, 2021 4:33 pm Why would we all NOT be shorting GME at this point? Not a rhetorical question. I'm VERY tempted. At some point it will come back down to reasonable levels. Right?
Maybe but I've seen enough pumps in my time. The evil short bogeyman is one of the oldest.pr0ner wrote: Wed Jan 27, 2021 5:07 pmAccording to a group chat I'm in, that's "fake news". The exact message is "Yep SI/float is over 100% still. Fake news by the angry hedge funds."LawBeefaroni wrote: Wed Jan 27, 2021 5:04 pmI don't think that's the case now, Melvin and Citron have covered.Zaxxon wrote: Wed Jan 27, 2021 5:03 pmNot to mention that there are more shares short than there are shares. Not a place I'd be comfortable betting cash monies, even if I agree that it's coming down at some point.LawBeefaroni wrote: Wed Jan 27, 2021 4:59 pmIt's very difficult to short now (huge margin requirements) and puts are way too expensive. Not sure how one would go about shorting.Carpet_pissr wrote: Wed Jan 27, 2021 4:55 pmThat's what they thought when they originally went to short these stocks, is that what you meant? Because the math has...changed since then.malchior wrote: Wed Jan 27, 2021 4:41 pmThat is what the hedge fund guys all thought.Carpet_pissr wrote: Wed Jan 27, 2021 4:33 pm Why would we all NOT be shorting GME at this point? Not a rhetorical question. I'm VERY tempted. At some point it will come back down to reasonable levels. Right?
KOSS $95.LawBeefaroni wrote: Mon Jan 25, 2021 4:58 pmMy sell this morning was $3.95 for half. Put limit in for the other half at $4.49. My phone blew up with a bunch of partial fills around 2pm. All out.LawBeefaroni wrote: Mon Jan 25, 2021 12:03 pm
Me, I'm done for the day after flipping KOSS. Back to work..
It just hit $5.87. That's around $5K left on the table.
Oh, I don't actually believe the person who said that. He's all in on the GME $1000 idea. Just giving you an idea of what the people who actually went into GME (today!) think right now.LawBeefaroni wrote: Wed Jan 27, 2021 5:16 pmMaybe but I've seen enough pumps in my time. The evil short bogeyman is one of the oldest.pr0ner wrote: Wed Jan 27, 2021 5:07 pmAccording to a group chat I'm in, that's "fake news". The exact message is "Yep SI/float is over 100% still. Fake news by the angry hedge funds."LawBeefaroni wrote: Wed Jan 27, 2021 5:04 pmI don't think that's the case now, Melvin and Citron have covered.Zaxxon wrote: Wed Jan 27, 2021 5:03 pmNot to mention that there are more shares short than there are shares. Not a place I'd be comfortable betting cash monies, even if I agree that it's coming down at some point.LawBeefaroni wrote: Wed Jan 27, 2021 4:59 pmIt's very difficult to short now (huge margin requirements) and puts are way too expensive. Not sure how one would go about shorting.Carpet_pissr wrote: Wed Jan 27, 2021 4:55 pmThat's what they thought when they originally went to short these stocks, is that what you meant? Because the math has...changed since then.malchior wrote: Wed Jan 27, 2021 4:41 pmThat is what the hedge fund guys all thought.Carpet_pissr wrote: Wed Jan 27, 2021 4:33 pm Why would we all NOT be shorting GME at this point? Not a rhetorical question. I'm VERY tempted. At some point it will come back down to reasonable levels. Right?
KOSS $86 AH.
“AMC shares rose 301% Wednesday to nearly $20 apiece. In November, the stock was trading under $3 per share as the movie theater industry continued to be slammed by the coronavirus pandemic.malchior wrote:There is not really any new "usable" capital. They theoretically have more borrowing capacity and other tools but no financial institution is going to care about these valuations. .
That is almost certainly their treasury carrying out financing activities. However, the run up / run down in share price isn't going to help them much. At least I'd hope not. The banks / bond buyers would be looking at cash flow / capital management / reasonable valuations / etc. Not its current state in the casino though maybe they issued some shares in the madness though that'd be hard to time.Carpet_pissr wrote: Wed Jan 27, 2021 5:36 pm“AMC shares rose 301% Wednesday to nearly $20 apiece. In November, the stock was trading under $3 per share as the movie theater industry continued to be slammed by the coronavirus pandemic.malchior wrote:There is not really any new "usable" capital. They theoretically have more borrowing capacity and other tools but no financial institution is going to care about these valuations. .
The company revealed in an SEC filling on Monday that it had raised $917 million of new equity and debt capital since December, which is enough financing to keep the company operating well into 2021.”
I heard it's back up but maybe view only. It got overrun with pumpndumpers and mods couldn't keep up so they closed it down.malchior wrote: Wed Jan 27, 2021 8:30 pm I missed it but Reddit forced /r/wallstreetbets to go private - they got a warning about not moderating stringently enough. Their discord was also shut down. That was fast. Capital strikes back.
That's the simple version. The more accurate one is that Citadel, Blackrock and the rest of the usual suspects made 80% of the profit and flew behind WSB radar shadow. When there are congressional hearings in a year, WSB and Reddit will be in the hotseat and Citadel, et al, will be advising the legislators.malchior wrote: Wed Jan 27, 2021 8:23 pm Interesting discussion about this topic today focused somewhat on WSB and GME. It's a long segment but by the end of it I think Chamath has staked out an interesting theoretical position. If I'm following him - his thesis is that the Hedge Funds opened themselves up to an attack that the regulators maybe should not have let happen in the first place (i.e. all the Hedges holding short positions that were ~140% of the shares in existence). He said if you want a free market this retail stuff happening is the consequence of the hedges taking these risk positions. I'm not 100% sold but there are ideas to think about here.
I'm tracking. I'm with you on the blockchain trading aspect - an "open order book" would be terrific. Even if it was delayed and you could audit it later. That's why it'll be fought against tooth and nail I expect.LawBeefaroni wrote: Wed Jan 27, 2021 8:56 pmThat's the simple version. The more accurate one is that Citadel, Blackrock and the rest of the usual suspects made 80% of the profit and flew behind WSB radar shadow. When there are congressional hearings in a year, WSB and Reddit will be in the hotseat and Citadel, et al, will be advising the legislators.
Blockchain trading, see Tzero, is the solution. But then the pros can't play their games.
Good idea - I responded over in that thread.LordMortis wrote: Thu Jan 28, 2021 8:16 am R&P ahead. Maybe I should find the viral economy thread instead...
Spoiler:
If only it were as simple as "all the billionaires are getting burned and all the little guys are winning.".LordMortis wrote: Thu Jan 28, 2021 8:16 am R&P ahead. Maybe I should find the viral economy thread instead...
Spoiler:
Doh! She stole my idea, but came up with a more clever name!Zaxxon wrote:
I think everyone is looking for their next target and because of that you don't have to be the next target to get a bump. Anything that fits the mold is seeing speculation. I just don't think they have enough capital to do this forever.Carpet_pissr wrote: Thu Jan 28, 2021 9:28 am I looked up retail stocks with high short interest. If this attack continues, I’ve got to believe that Tanger Outlets is going to be on the agenda at some point. SKT
I never saw the WSB Reddit so I don’t know if you can see them discussing next targets, but damn that one sure seems to fit the MO.
Also, did they give up on Dillard’s? Another perfect one. That one launched like the others, but fizzled pretty quickly.
Fascinating from a human behavior perspective (maybe, but probably just some mundane boring reason )
I thought it was great when I sold for a 40% gain. Shows what I know.Zaxxon wrote: Thu Jan 28, 2021 9:50 am Be sure to tell us about the next KOSS. That was a great find.
That's what I'm saying and it's not his first or second or third. I don't understand them but I love to follow them. I even have 100 shares of AOUT now.Zaxxon wrote: Thu Jan 28, 2021 9:50 am Be sure to tell us about the next KOSS. That was a great find.
Some of these low floaters, some days were the only ones in the market. Like we are small potatoes bit make up 50-100% of the volume. That why I'm cautious about mentioning them them.LordMortis wrote: Thu Jan 28, 2021 10:03 amThat's what I'm saying and it's not his first or second or third. I don't understand them but I love to follow them. I even have 100 shares of AOUT now.Zaxxon wrote: Thu Jan 28, 2021 9:50 am Be sure to tell us about the next KOSS. That was a great find.