MemberJune 14, 2021 at 3:11 pm
Hey Ape gang
I have a question ~ Why wouldn’t a big company or companies (whales) come in and buy up tons of stocks? I believe there is not enough shares avail to cause a VW squeeze (since apes own 80%) so that being said buying a good amount of shares would make them billions?
MemberJune 14, 2021 at 3:46 pm
what makes you think they haven’t? Someone put in an order today for 100,000 shares. That sorta sounds like a company to me.
remember – we are holding 80% – but that leave 20% of 500million shares to free trade back and forth, and that’s a lot of shares.
MemberJune 14, 2021 at 4:00 pm
Definitely an interesting question. Last Friday they reported 60% of the volume was in the dark pool. Who knows who was buying? But I agree that “smart money” follows opportunity and they are either in or getting ready to get in!
MemberJune 14, 2021 at 4:24 pm
Matt Kohrs went over this in his live stream today – the replay should be up. He went in depth into what we were watching on the market, it’s well worth watching.
AnonymousDeleted UserJune 14, 2021 at 7:16 pm
I would think there are plenty of “whales” buying and equally selling. You can see it in the price action each and everyday. Watch the L2 buy/sell walls (an example but doesn’t tell the whole story). As for buying and holding, that’ll be your ape community (I believe more and more are buying and holding). Personally, I don’t put much faith in the numbers, not yet anyways. You heard many say that “the numbers don’t lie” but the ones posting those numbers certainly can. Unless we had a true worldwide stock count with zero dark pools/IOU’s/synthetics the numbers will never tell us the truth. What you can put faith in is the chart. If you see it climb each day, day after day, you’ll know the shares are getting closer to the actual numbers and more apes are holding and not paper handing, which means the MOASS is starting. Once the MOASS begins it will go parabolic like nothing ever seen before in the history of the stock market. Why you ask? It’s simple, the stock market has never had a community like this, ever! An online presence, apes uniting on social media to fight corruption and to bring down those that felt secure and entitled to steal from the retail investor for so many years.
These are just my opinions and thoughts. I watch a lot of cartoons and eat florescent crayons.
MemberJune 14, 2021 at 11:23 pm
Disclaimer: Not FUD
I too flirted with the idea of some Elon Musk type purchasing a massive position to force HF’s hands
Then I thought perhaps thats probably really why they allow the dark pools to exist, it seems as though thats where the synthetics thrive w/o having to explain their existence.
Plus after diving deeper in “u/atobitt” 5 part (and counting) series.
(video interview): https://youtu.be/zKzRDpBBFLQ
As well as “Charlie’s Vids” DD regarding Shitidales use of ETF’s (among other methods) to control prices…
and DTCs (Goldman Sachs) attempt to what I interpret as (perhaps incorrectly) isolating the inflated borrowed (synthetic) shares so they can ultimately protect themselves from the splash damage once this thing explodes?
I get left with the impression that its way beyond the HF’s as far as the core of this corruption. Its actually the system itself, the DTCC and all subsidiaries there in all benefiting from this “illegal” practice.
So bringing it back around to the potential whales soaking up the remaining shares…
Isn’t that just trying to make sense out of nonsense?
They can just continue producing phantom shares and/or indirectly shorting via the ETF’s .
MemberJune 15, 2021 at 2:04 am
Too much emphasis has been placed on a single person like Elon, or Ryan Cohen, or AA, or some other big named person with a lot of money to come in and save the day.
For one, whoever that person is, runs a high risk of market manipulation charges, and that’s just the beginning of their legal issues. For two, while we know Elon hates shorters and dislikes the SEC, doing that would be a short term win but long term loss for him to splash the pool like that. Look at how Cohen and DFV have to be careful and cryptic in their tweets so that moving markets isn’t blatant. They have already dealt with government officials and know the risks and how they outweigh the rewards.
For three, and most importantly, all the apes have done the heavy lifting up until now. This is our battle to be fought and won… and on our terms/price. Too many people are not realizing the fuse to this bomb has already been lit and each day that goes by is another inch it gets closer to setting it off. We lit this fuse. We blow on it each day when we buy and hold. Time is on our side because it costs us nothing to sit on our shares, but for the shorters, not only are they bleeding money daily, they are paying exorbitant borrowing fees. That alone is a huge catalyst.
Now that more rules have been introduced in such a short amount of time (DTCC OCC, etc.), some banks and prime brokers are no longer allowing custody services for naked shorting, and the looming threat of margin calls hanging around like the grim reaper all but locks in what is about to happen.
Blackrock, Vanguard, and many other big institutions have already stepped in and bought up tons of shares. Apes own the float. Anyone coming in now and buying up a bunch of synthetics will have little effect because using dark pools, front-running transactions, delaying orders, misreporting short interest numbers, launching short ladder attacks, liquidating other positions, pumping and dumping crypto, and all the other stuff they are currently doing will still have to be done (but to a larger degree). Bottom line, the shorters are living on borrowed time. They can’t afford juggle this forever. At this point, their money will dry up and only thing keeping them in the fight are their egos.
Too many smart apes have already done all the DD we need. What will be, will be and we’ve already won. They just haven’t transferred the money to our accounts yet and are just delaying the inevitable. We don’t need a hero because we are the heros. Just buy and hodl.
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