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1. They shut it down enough to prevent retail from FOMOing in more. At that point, the rules of the game were changed, and the price dropped. 2. I'm skeptical
by real-dino 5y ago
1. They shut it down enough to prevent retail from FOMOing in more. At that point, the rules of the game were changed, and the price dropped.
2. I'm skeptical too, but there is no way the reported figures are accurate. Finra itself lists RC Ventures/Blackrock twice, and adds up to more than 100% for institutional investors. Information on Bloomberg terminals is completely wrong, and information on short positions is self reported.
I'm tempted to believe criand's latest DD, as it's yet to be disproven. Older DD has not stood the test of time so well.
In regards to qualifications, yes, the superstonk members are self policing, but also they don't accept that credentials mean you are automatically right, and people who are wrong are called out almost immediately.
There's not going to be a place where it says 'This stock is owned 290%', but then again, that's the nature of Russell's teapot. Given what I've seen with news coverage, the promotion of AMC as an alternative, and the passing of so many SEC rule changes, it's hard to imagine zero fuckery behind the scenes.
- gruez 5y ago>1. They shut it down enough to prevent retail from FOMOing in more Source? The only thing we know for sure is that they restricted trading. Their official explanation was due to volatility/deposit requirements. What's the evidence that they did it to "prevent retail from FOMOing in more"? >2. I'm skeptical too, but there is no way the reported figures are accurate They may not be 100% accurate. I'll entertain the possibility that they're a few percentage points off, but are they more than 10x off as the DD suggests? >Finra itself lists RC Ventures/Blackrock twice, and adds up to more than 100% for institutional investors Can you link the Finra report? I can't locate it directly, so I'm just going off whatever's reported by other sites >as it's yet to be disproven. Older DD has not stood the test of time so well. This should tell you all you need to know. The general problem with debunking conspiracies is that it takes more effort to debunk than it is to make it up. >Given what I've seen with news coverage, the promotion of AMC as an alternative The alternative explanation to the "even the media is in on it!" conspiracy is that GME was months ago, and AMC is far more recent so is therefore getting more attention. Another problem is that: what about the hedge funds shorting AMC? Don't they stand to lose if AMC blows up? Where's their conspiracy? Do the GME shorters have better conspiracy people than the people shorting AMC?