9ETH. My friend did quite well with this. https://twitter.com/HYPEBEAST/status/1478577569347694597?t=xQgN9EUDeaC8MzNy0rNLMg&s=19
$GME going crazy AH. From what little reading I've done on reddit though, and from what I can gather from that little reading from people of nebulous intelligence, is that this might be an artificially inflated jump to cover up for... something. I don't know. Regardless, if I can make some money off it, I might sell the few shares I do have when/if it goes green again, then jump back in when it inevitably dips.
They are entering the NFT and Cryptocurrency "markets". https://www.cnbc.com/2022/01/06/stocks-making-the-biggest-moves-after-hours-gamestop-more.html
I was up 80% with ETH, now I'm up 4%, I'm WAY upside in the little bit of GME that I have and my portfolio in general has been sucking hind tit lately. What's everyone's thoughts on what 2022 holds?
They have to drive the price down with the expiring options and the tanking margin they have. Some 300,000 contracts (yes, contracts) representing 30,000,000 shares are expiring otm today. Most of those were bought 2 years ago and used to cover/hide their short positions. They can’t use them for that any more. Things might get spicy.
It's definitely interesting that Ally/Apex has stopped allowing DRS share movements, and they're trying to pull them our of people who did that. I hope that price moons because I'm down 42%! Buy high, sell low! Everything else sucks too.
It's crazy to me how much they are able, and DO, manipulate the price on the open exchange by routing trades on the unlit markets. Like, the trade pressure is 9:1 buy for gme and the price goes down continuously? Get the fuck outta here. I was about to mention shutting down the drs exit path in ally as well for IRAs. I have most of my shares in my IRAs and would drs if I could. I suspect there are many people out there in the same situation.
The more I learn about the markets, the more I hate them. And when you go back and revisit past shorting some of these guys have done, there's some serious "manipulate to bankruptcy for the benefit of the competitor, our billionaire friend" conspiracy implications.
Dude... video from Patrick Bryne surfaced talking about how the IRA shares/locates are like 75% of their profits. That is probably why they've been killing the DRS... they are probably crazy naked on the locates, and don't want to lose a ton of cash. Watch this video... even if it is a few years old.
Hey, she's the one that wanted to know... https://www.reddit.com/r/SHIBArmy/c..._dip/?utm_medium=android_app&utm_source=share
did not know OBJ took his contract in bitcoin (or that this was even an option). Turns out that was a mistake