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$GME - Not sure about this one, but i'm all in.Hi everyone, Even though i wrote DD on this June run, it actually happening also caught me off guard as well as OCC lending data and Swap data for GME, XRT, BBBY, AMC didn't show any strong indications of a run this month. What seems to have happened that caused today's pump is XRT Put Selling on Friday which is an event that happens the Friday before a week where a stock like GME/BBBY and etc run up. I honestly wasn't expecting this Put Selling to amount to much for June and that's why i didn't make a post update about June's run, but here i am in the end... To be clear, i am not sure what's about to happen. All my data points to nothing, whilst other people's data and DD points to a run and this makes me extremely confused. Because of my confusion, i did what anyone in my position would do and that's to put my entire portfolio on several of the stocks that could runup a lot tomorrow. The majority of it is on GME. The rest is on BBBY, NIO, RBLX. This isn't DD nor is it financial advice. I honestly have no idea what's going to happen this cycle. I was expecting nothing out of June, but it seems that there might be something. We'll find out tomorrow. I've marked the total duration of this run IF there will be one. Also i've marked the possible price targets for both tomorrow and next week Tuesday. -------------- To remind you of the cycle DD, basically every 3'rd Friday of the month (OPEX) that month's options or quarterly options are netted and the net result is pumped into the market the next Tuesday. If Monday is a Holiday, the effect is that that net amount hits the market +1 day later, or in our case tomorrow (Wednesday). Today was basically Friday's Put Selling Fart as i understand it. If there is going to be a run, it's to be seen tomorrow. If there is a run, i expect the top to be in by Tuesday next week, but regardless, if there is a run, tomorrow will show this. I expect around 12% upside on tomorrow June 22 and a total of around 40% upside by next Tuesday IF there is truly a run here an to be clear, my data shows there isn't but other people's data shows that there is... so... i have no idea what to do. I'm in until tomorrow with everything i have. Again, this is not investing, this is not DD, and this is not financial advice. Do your thing whatever that is responsibly. The actual run i've discovered is on August 2 and August 8. Not the days in between, but those specific days. I'll be making DD on reddit about this eventually. It has to do with AMC, GME, BBBY, XRT swaps as well as their OCC lending volume data and how AMC and XRT are being used as hedging collateral in the OCC. Where XRT cannot be used anymore, AMC is used and where AMC cannot be used anymore, XRT is used. For this run, it's AMC's turn to be the hedge which is why i'm not very bullish about things as in the past when AMC was used as the hedge, GME was prevented from running (See March, June 2021). Again, not DD, NFA. Be careful out there. I'm not too confident about this one (yet i'm all in, go figure).
NYSE:GMELong
by leenixusu
37
fintel's top Gamma Squeeze candidateHere's a name most have probably never heard of that has potential for 285% underlying return. THCA (Tuscan Holdings Corp. II) "intends" to merger, share exchange, asset aquisition, stock purchase, recapitalization, reorganization, etc., with business entities in the cannabis industry . It is likely so heavily shorted because from what I can gather, they have really only stated intent and not demonstrated anything material in the Cannabis sector (if I'm wrong correct me, its such an obscure operation really not much on it). But they are active it seems, the 2 main news headlines I can find recently are: "Surf Air Mobility to go public through $1.42B merger w/ Tuscan Holdings Corp II, accelerating rollout of industry leading hybrid electric aircraft...," and "THCA gets non-compliance notice from Nasdaq" --- which is pretty bad@** right? Take a look at this short data: Short Interest Ratio: 2.26 Days to Cover Short Interest % Float: 54.63% - source: NASDAQ (short interest), Capital IQ (float) Off-Exchange Short Volume: 8,916 shares - source: FINRA (inc. Dark Pool volume) Off-Exchange Short Volume Ratio: 24.26% - source: FINRA (inc. Dark Pool volume) Short % inclease/decrease: +28% Net Call OI % Float: 186.21% There are 2 catalysts I see that could get this going enough to trigger a hefty squeeze: 1. THCA reports progress on the Surf Air merger, OR they simply announce some new merger(s), etc. 2. They get the kickstart (without doing anything) indirectly in this market environment - I think this is a very dangerous market environment for shorts righ now in general. Everyone who doesn't know elliot wave thinks BTC and S&P and going to crash, there is so much FUD going on its actually hilarious (when in reality wave 5 is about to start for BTC and S&P taking them to new ATH by end of 2022/early 2023... when this begins (soon), heavily shorted names like THCA will take off on a spaceX rocket to the moon. BIg players like TSLA, GME, BYND (oh you're in for a treat, the setup and catalyst are in the bag baby) are already threatening its squeeze-time kicking off as early as next week. On my chart I listed 3 targets: - initial target = 11.50 is near-term w/ or w/out a squeeze, just based on the chart and statistics of the price action dynamics - intermediate target = 16.28 is mid-term even without a squeeze unfolding (just using the proportional increase in successive pops and extrapolating accordingly) - minimum squeeze target = 20.20 - and that is conservative, based on the short data if it gets going it could pop to 32-40 (it then becomes a fast sell at those levels) *** This is a high reward/low risk play here because its essentially traded at 10 its whole public history, on average, and I see 10 as support (so risk ~ 38 cents hah) Not financial advice but I'm playing shares and Nov 18 2022 10.00 calls for ~ 1.00 and looking to sell at ~10.00 when it hits 20.20. Clear Vision, cloudy eyes. Regards, Billy Walters Jr.
TLong
by JerryManders
Home WreckerWhen I was a kid my parents and teachers used to tell me silly things. Like... "You can't beat the system." "Don't bet against the house." ... "Pull your pants up." ------------------------------ And I went through life... well, just playing video games and beating everyone on every system. ------------------------------ And then I met GME... so now i'm going to beat the house, with my pants down, and I'm going to bet on it. That pasted image of the weekly chart... look familiar?? HA HA HA Sincerely, Frank Underwood P.S. this vision came to me in the flames within a dream within a shroom trip within a peyote trip at a campfire within a reservation where its legal (double combos everywhere) 357 357 357
NYSE:GMELong
by JerryManders
6
$GME - Single Day Runup Event on the 7'th of JuneNot Financial Advice. Based on new research i haven't yet released due dilligence on, i've discovered another indicator that tells us 1 exact date where a price move for GME and some other stocks like BBBY etc are going to happen. I'll be posting the new due dilligence on this indicator once i've seen that it actually works. Based on the data i got out of the OCC's site, and if i've understood it correctly, there will be a 1 day runup event tomorrow with an upside or downside (most likely upside) of 25% on the underlying for GME. Can't tell much about the other stocks. Just like GME suddenly ran up on November 3 2021, Feb 7 2022 and on a few other dates, the next single day runup event is basically tomorrow Tuesday June 7. The details of how this works will be posted on reddit on /r/fwfbthinktank once and if this theory turns out to have bones. And of course if this works, i'll be able to tell you all the next dates of similar run ups for GME. Not sure when i'll be entering this trade, it'll be either today EOD or tomorrow on open. My PT for this is $165 or +25% from today's closing price. And as a reminder, this could be a negative -25% event too, but i'm 80% confident that it'll be a positive runup and not a negative one.
NYSE:GMELong
by leenixusu
44
GME - Power Up!GME appears ready to rip to the upside and there are plenty of reasons to be bullish on the stock here. Recent earnings as reported last week were solid, especially considering the bearish macro unfolding in the broader markets. Further, the company has no debt - and appears to be reinvesting in itself and looking to the future with eyes wide open, embracing the expanding NFT and retail gaming marketplace aggressively and intelligently and doesn't seem to have any actual viable competitors in this arena. BULLISH. And most exciting the stock split/divided initiative was overwhelming passed by shareholders at the recent annual shareholders meeting held on June 2nd, allowing for up to 1-BILLION shares to be issued by the company. Once moved on, this new share issuance will allow GME to increase their war chest, remain debt free (huge considering the current upward direction of interest rates) and will put added pressure on remaining shorts to cover and close-out their positions. Technically speaking the daily chart looks great with another break-out occurring on May 25th. The double bottom print held nicely and with the price back above $130s there is much better long-term support for the price to move higher. The Moving Averages (MAs) are supportive, and the MCAD flashed a buy signal on May 25th. Also included is the belkhayate timing indicator (thanks lazybear) which looks to be pivoting back bullish and is above the "buy line" here. Similar set-up as the bull run back in late May 2021, but this indicator appears even more bullish this time around... In terms of timing - the 90-day 'high to high' algo that has been consistent in the longer term for GME (and many other retail stocks) could be back in play here. If this timing holds - look for a new interim high by the late June/early July. Price Targets = #1 = $200 (retest of last break-out's high on March 29th), #2 = fill of the price gap located at ~$292.xx. And obviously, if the shorts start covering in mass - price could squeeze much higher. In terms of wave structure there still a chance GME could retest the low $80's again for a triple bottom formation. Will be watching closely next week. However, given the now over-extended 100% utilization, ever increasing CTB rates, and the pegged OBV, I think GME moves higher from here. Looking to add to shares and will carefully consider OTM calls early next week with the price targets/timing as outlined above in mind. POWER TO THE PLAYERS ! Not financial advice.
NYSE:GMELong
by Akksujean
Hope you enjoyed your gains as notified, prepare for more!I predict the stock. I know the stock. I’m 8-Ball for stock :) I’ve been watching this stock for 17 months. Almost every. Single.. day.. I can say a few things… I confidently understand algos being used. I confidently understand MOASS is tomorrow. I confidently understand apes are unmatched. I confidently understand we can buy more each day and it will still be a good price no matter how many digits.. No cell. No sell. DRS DRS DRS. Follow me for more GME posts, to the moon gentlemen. I’m proud to be sharing knowledge on my favorite stock in existence and I can’t wait til we are all as rich as they are, without cheating. APES FOR THE MOTHERLANDDDDD!!!! DRS DRS DRS Check out all of my other ideas for consistently accurate GME price prediction as well as theories and discussions. LINK TO LAST POST I NAILED 110% | | | \/ \/ \/
NYSE:GMELong
by Trexarch
3
Rackspace, Gamestop, AMC, HYMC and others trade eerily similarMany of us know that GME , AMC , HYMC , BB , BBBY and others generally trade in a strange near identical parity within a given timeframe. I was curious as I've recently done some research into Rackspace Technology 's ( NASDAQ:RXT ) current market situation and market history - in particular a common thread that many mysteriously struggling and now defunct companies share - that Apollo Global Management has at some point had a hand in their financial trajectory, usually following the same modus operandi, take a struggling public company private (buying all outstanding shares at the deep discount leaving most long shareholders holding the bag), doing massive gutting and PR, taking the company public again with a relatively high IPO, and mysteriously the company just never seems to succeed but becomes a prime target for heavy short selling (though not directly Apollo, the insiders involved are related in some way to Apollo, Blockbuster, ToysRUs, Sears, Caesars Casinos such as Harrah's, Claire's Jewelry, Linens n Things, to name a few billionaire_boys_club_bbc_ep_16_part_3_the_apollo/ ) - ... incidentally Apollo leaves some particular people embedded on the board of directors - people who have been involved in the rescue and ultimate dissolution of major corporations. The theory is that this is all by design, just following a playbook. Here is a very well researched dive into the connection starting with the infamous Mike Milken and his proteges and going into the connections between this group and many high profile corporate failures. billionaire_boys_club_bbc_ep_16_part_6_the_apollo I encourage you to read the entire series www.reddit.com If you don't believe me, just look at "Independent Directors" Mitchell Alan Garber (incidentally was CEO of Caesars Interactive Entertainment) (and Aquisition Co. www.wsj.com and Dhiren R. Fonseca... there are more. These two were directly involved in the purchase and downfall of Caesars Casinos in particular Harrah's entire portfolio. An example of the scheme Apollo perpetrates is described pretty well in Harrah's wikipedia article starting with its purchase and privatization, next IPO, then some finagling, and finally bankruptcy en.wikipedia.org . Apollo Global has been busy for the past 15 years with this scheme and it's always explained away or swept under the rug through clever legal/corporate maneuvering. I wanted to raise awareness. . Some people have noticed an uptick: www.reddit.com And the salient point is that it all comes back to an elite circle that includes Apollo, Citadel, and others.
NYSE:AMCLong
by cnov
1