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  • Now I’m Concerned About Lou…

     Hit-Monkey updated 1 year, 3 months ago 19 Members · 36 Posts
    AMC
  • Curunir

    Member
    May 30, 2021 at 10:14 pm

    So Lou ( Lou vs Wall Street if you don’t already know his channel ) posted a video today that set off my alarms a little. Title is “Did The Synthetics Created Several / Several Million AMC Apes?”

    What concerns me is his comments in this video about not enough “pizza” to go around if there are more of us than there possibly could be based on share count. It’s only 7 minutes long and if you don’t mind his language it would be easier to check it than me to explain it.

    So…is he an ally that just had a random thought that worries him and he threw up a video about it?

    Or is he “with them” and is trying to lay a foundation of doubt in the minds of his viewers, a doubt coming from someone they trust, so later he can say we better jump on selling at 1k (example) because there won’t be enough money to pay anyone if it goes higher.

    He’s always pushed for this to be play of the century stuff as most of us believe. He had one video before where he explained his view on what may happen when the government and insurance kick in as the hedgies go under and I thought that was good to hear. But even then he was talking some high numbers. This is the second time he’s touched on this topic now and his attitude in this one was far less energetic than normal.

    I know a lot of his videos seem like really stream-of-consciousness talk so this may just fall in that range but I’m going to go into his future videos with a bit more skepticism than before not just for what he says but what he may be leading toward.

    Appreciate any other impression and thoughts from people who watch this one.

    Cheers

  • MegaKong

    Member
    May 30, 2021 at 10:43 pm

    Now, my alarm bell is ringing a bit. Perhaps, Lou was sent to gain the trust of the community and set in their mind a number for them to sell. If this is the case the market as we know is done!

  • FayeLikesThisStock

    Member
    May 30, 2021 at 10:51 pm

    Here’s my thought on settling for whatever price target he might throw out because “there’s not enough to go around”. I’d rather hold and take my chances, maybe they’ll cut payments into smaller portions, maybe not. Selling at 1k or whatever price because of a “maybe” doesn’t sit right with me. I’d rather hold and be wrong than sell too early and be wrong, know what I mean?

    As far a Lou, I’m on the fence about a lot of youtubers, he is no exception. I watch and research as much as I can to get multiple areas of info and perspectives then decide from there on my own.

    • Curunir

      Member
      May 31, 2021 at 6:02 pm

      👍

    • Gregoboy

      Member
      June 3, 2021 at 3:51 pm

      This is the way

    • rg42

      Member
      June 4, 2021 at 7:03 pm

      👍

  • CrayonMuncher

    Member
    May 31, 2021 at 12:24 am

    I don’t think he is “with them” but I agree that the vibe from this video was way different than many of the previous. It felt like a bucket of cold water was dumped on a fire, but the fire isn’t out, it’s just not burning as intense. In earlier videos, he built my confidence too, but in this one, it questioned it all over again, so I have to sit with it and think about it more.

    My feeling is that he’s been sitting with this for a while and might be trying to set realistic expectations in people’s minds so that they don’t see dreams of $500k/share get shattered if it doesn’t happen. He may be trying to warn about bag holding. I think he is reiterating a point he made previously, but the way it came out was all wrong. This is just my interpretation.

    Look backwards….

    If we knew we had roughly 3.2 million shareholders a while back (not counting foreign shareholders) and CONSERVATIVELY estimated each person held about 200 shares, we probably controlled roughly %80-%85 of the float. At that time we didn’t have any clue how many synthetics there were AND WE DIDN’T CARE. This estimate made us feel good because it gave us a ballpark….. a CONSERVATIVE one and we could play with that number and we were like happy children with a toy.

    At that point in time, the synthetics were already way out of control but we weren’t focusing on it. We were trying to focus on numbers we could wrap our brains around via a share count. All the while, the synthetic share creating machine kept churning in the background. Did we care? No. We were too focused on the 3.2 million number.

    That number stuck with us all this time because it gave us something to anchor to and nobody pushed the issue further and asked “what if”. That number pacified our curiosity. Nobody said “ok, that was conservative, now let’s get more realistic and jack the average from 200 to 500, 800, 1000, etc and rerun the numbers WHILE THE SYNTHETIC SHARE COUNT ALSO GREW.” If that would have happened, the alarm bells surely would have gone off a long time ago.

    Back to present time…..

    Now, with his new findings after talking with his software connections in the earlier video, his eyes were opened to the depth of the bottom of the iceberg as well as the top. He still can’t see the bottom of it but it just became a hell of a lot deeper. The top of the iceberg (the share count) also grew, but we weren’t paying attention to it until now. We were anchored on the top and so fixated on the bottom and wondering how deep it goes that we lost sight of the top.

    I think the point he is trying to get to is reflected in my other post with my concerns about how the government could be stepping in somehow to contain the blast. I don’t think his message was malicious, but I think his pizza analogy was confusing and not well delivered.

    What this event will be testing is the rule that “all shares must be accounted for.” This will be critical. At this magnitude, can that still hold up? Will the government stay out or will they intervene with a light touch or will they jam a wrench into a running engine and kill the momentum, along with the trust and future of the stock market. Just read other’s people’s comments on that video. They are waking up to that same realization.

    To me it seems like he is saying that if the shareholder count didn’t grow to crazy levels but the synthetics did, this could still run its course naturally. However, if the shareholders grew astronomically ALONG with the synthetics, then the damage could be like trying to count the number of stars in the sky and pay each one of them millions of dollars each with a finite amount of money. Yes, crazy exaggeration, but you get the point. The reality of this is that too many people dog piled on this stock AT THE SAME TIME THE SYNTHETICS WERE OUT OF CONTROL. REGARDLESS OF HEDGE FUND/SHORTERS/GOVERNMENT MOTIVES, AGENDAS, ETC. BOTH SIDES OF THE ICEBERG GOT OUT OF HAND EXPONENTIALLY AND THE HEDGE FUNDS AND GOVERNMENT LET IT RUN FOR TOO LONG.

    The pizza analogy was confusing but what I think he was saying was that the pizza was the money Citadel and other shorters had in their posession AND the ~$67 trillion insurance amount that the DTCC keeps on hand. With the numbers we thought we knew before, this thing could run organically and everyone can pick their exit price and we wouldn’t eat the whole pizza. There would be leftovers we can keep in the fridge, but with the number of shareholders growing since then AND the tons more synthetics growing by the day, that pizza is going to get demolished much quicker and there aren’t any more ingredients in the kitchen to make more pizza.

    *** This is where the adjusters he talked about in previous videos come into play ***

    This might be the key point he wasn’t saying clearly. The adjusters won’t pay what you are truly owed because there isn’t enough pizza, they will pay what they can “adjust you down to” based on the limited size of the pizza.

    This is why one part of me thought about buying in heavier this week, but now a big part of me is cautious so I have to sit with this decision. I agree with @FayeLikesThisStock and all I can hear in my head is “scared money don’t make money” so who knows, I might come to terms with it and keep buying the dips after all.

    It sounds like he might be putting out more videos tonight. I guess let’s see.

    Just my 2 cents on the matter. However it plays out though, good luck to all of you, I wish you tons of riches, and please be safe!!

    • Curunir

      Member
      May 31, 2021 at 6:02 pm

      Scared money don’t make money!

    • blue-moves

      Member
      June 5, 2021 at 9:06 am

      Just throwing this in here FWIW.. One other alarm bell for me was wondering if it’s likely that someone who claims to have experience in the financial industry would call Ethereum “Eurytheum”?? (twice!)
      I mean, I guess it could be possible for someone to have never ‘heard’ the word out loud, since we don’t have physical conversations any more in the era of ‘social’ media.. but..

      (Sorry, can’t find the particular video right now but will post it if I come across it again)

  • Acomm

    Member
    May 31, 2021 at 10:10 am

    The part that is truly scary is the government having to get involved in this situation. It is frightening not because we have done anything illegal but quite the contrary we fought back against the corrupt system and their (the government) actions historically have supported the system and not the players.

    Maybe I am overthinking things but when Robinhood stopped trading on GME what did the government do?

    What could they do?

    How many in the upper levels of the government are involved with hedgies?

    But I am not dooming over that right now because I am sure of one thing:

    We apes are going to squeeze every penny from these hedgies and laugh all the way to the bank.

    • Curunir

      Member
      May 31, 2021 at 6:10 pm

      Generally safe to assume politicians are either involved with or friends with any source of significant money…so I’m sure many are getting pressure from the hedge funds to help.

      As for the stops, we’re going to see Market Halts for sure as that’s just built into the system. But after the hit the brokers took when they put buy halts on GME and the lawsuits and bad karma they have from that, I’m really hoping none of them try that again.

  • Jahvo

    Member
    May 31, 2021 at 11:36 am

    That dude should really stop . He should lik a shill.? How could it not be enough money, the dtcc have trillion dollar insurance for a reason lik this. Let him sell at 1k

    • Curunir

      Member
      May 31, 2021 at 6:10 pm

      Let’s see what he starts saying as the squeeze rolls. Stand strong!

  • CrayonMuncher

    Member
    May 31, 2021 at 3:19 pm

    @Acomm and @Jahvo I agree with both of you. The retail investor didn’t do anything wrong and all the others got their hands caught in the cookie jar on the world stage. This is a fuck up of magnitude proportions and we don’t know how they are going to handle it and we don’t trust them. All we can do is ride this out and hope for the best.

    Yes, there is the trillions of dollars in insurance, but don’t forget there are more stocks heavily shorted just like AMC, so that can quickly run up a tab.

  • Curunir

    Member
    May 31, 2021 at 6:00 pm

    Great discussion! Love this place. I think the bucket of water perspective is a good way to view that video.

    Keep in mind also that insurance should not even be a concern until AFTER the hedge funds have pretty much been liquefied out of existence. As they die they will need to keep selling off all of their assets in other holdings to keep covering and eventually, hopefully, have to go bankrupt. This will snow ball through the different hedgies that have been involved in the massive shorting. They have to burn through ALL of their cash and other investments and then go under before we even have to worry about limits to the government coverage.

    During the housing market crash the feds came in and lent money to a few of the “too big to fail” banks but that wasn’t even the same as the insurance. It was literally government prop-up money like the stimulus checks have been. Now I doubt the government will prop up hedge funds the same way because they are not a core financial institution like banks, but we may see situations where banks are helping hedge funds and the government helps the banks. Who knows.

    But my perspective is there IS enough money across all these different tiers for us to hold to life changing levels. But we need to also be really conscious of when it seems like the music is slowing down. There will be a false squeeze most likely, there will be some violent dips, but as long as things are moving up I’m not going to worry too much until it’s been climbing for a few aggressive days.

  • Curunir

    Member
    May 31, 2021 at 7:19 pm

    🤣

    Just catching up on some vids and messages and saw Lou’s message from last night about “not a FUD”. Wonder if he’s reading our messages.

    If you see this, Lou, I don’t think you’d respect any of us for just following anyone on YT like sheep so there’s that. Now let us know when you just want to share stories when this is over. 😎

  • CLAYnation

    Member
    May 31, 2021 at 11:11 pm

    Please see my discussion Lou Vs Wall Street…Scam? and Lou vs Wall Street…Scam? Take 2.

    • Curunir

      Member
      June 1, 2021 at 12:18 am

      Yep. Gave pass on the first video when the message changed. Now it’s two more in just a couple days that seem like a shift. We’ll see…

  • Anonymous

    Deleted User
    June 2, 2021 at 5:25 am

    I was a big lou fan to start with… but I think you’re right.

    My internal alarm bells rang a few times in the last 3 weeks… but now I completely dont trust him at all, stopped watching him.

    He commands quite a cult like following already, i think people have been drawn in by his charisma, but i dont like it.

    He’s gone from wacky to serious, and delivering what is essentially FUD. I think his employers asked him to stop being wacky, and start sowing serious seeds of doubt now hes gained trust

  • CWP

    Member
    June 2, 2021 at 7:36 pm

    it’s lou, what do you expect?

    • This reply was modified 1 year, 3 months ago by  CWP.
    • This reply was modified 1 year, 3 months ago by  CWP.
    • MegaKong

      Member
      June 3, 2021 at 12:23 am

      What I find so weird is that Youtube have not ban him from using their platform due to all the fucked up shit he says. Think about they have censored other for less.

      • Curunir

        Member
        June 3, 2021 at 12:33 am

        Youtube is VERY selective on what they censor. They and FB are among the most hypocritical businesses in America. I have friends that wear like a badge of honor the number of times they’ve been banned, shadow-banned or thrown in FB Jail.

      • CWP

        Member
        June 4, 2021 at 9:50 pm

        no one’s reporting him

  • APE_Steven

    Member
    June 3, 2021 at 1:11 am

    I found this on Reddit. I’ve translated the description of the video and screenshot it.

    I had faith in ootoo until this, 2019.

  • Curunir

    Member
    June 3, 2021 at 9:09 am

    Just my personal opinion, but I don’t judge too much by the past actions of a person as long as it seems they have grown from it. And Lou has NEVER tried to pass himself off as an angel. He even makes several statements about not being able to go back to certain places and about having a background with some bad types.

    I really only concern myself with how he treats the community now.

  • APE_Steven

    Member
    June 3, 2021 at 1:13 pm

    Well when it comes to my tendies and even the mention of fraud, I’d rather protect my tendies. I think the guy has a great personality but I smell smoke.

    Superchat is only off (in my opinion) to obtain that “trust link”. In the time it will come back on and accompanied with a heartfelt story.

    Note Gabe’s recent video about the Art of War.

    This guy isn’t stupid by any means. I am from the “hood” and also fortunate enough to get out. It’s common for people to explain details of situational events through personal experiences. I still do it to this day.

    Lou nails all that. If you grew up in the hood then you know that you obtain a level of “uneducated intelligence” to survive. (the 80s – 90s for me) So being able to just lather people with a silver tongue definitely could come easy if you’ve had plenty of experience. Which he seems to have a fair amount.

    In his most recent video, he says “I adopted all of you”.

    I’m not saying don’t trust, watch, follow, or whatever I’m just saying remember to stay safe and learn how to say no.

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