5andNine
:
I was looking at that too. not 100% on what I'm looking at but seems strange. after you hit All instead of 20 you see the games that were being played all at the top of the list.
Mcsnacks H Tupack
:
AMC selling hedge funds shares to cover expired calls tomorrow. They have to buy them at prices that will in the end average out to the closing price. Hedge funds are not allowed to buy shares from the open market. They must purchase them from AMC directly so that the SEC can have a record of the amount of shares they have and are using to loan out for options and shorting.
Mcsnacks H Tupack
Domingo Friggin Ramirez
:
Yea the the shares have never been traded on the open market. So they just make sure they are averaged in so that it’s close to the closing price. Within a certain percentage of affecting it. Same way that buybacks are done. Just as long as it doesn’t raise or drop the price but by a certain amount. Then they use them tomorrow for call options that expired in the money and won’t be accused of naked shorting.
Mcsnacks H Tupack
Mcsnacks H Tupack
:
But they have to buy the shares from AMC. They can’t buy them from the open market. AMC could tell them no and let it squeeze but apparently they want the money for their bonuses.
Mcsnacks H Tupack
Domingo Friggin Ramirez
:
A squeeze can happen. AMC does have a regulated amount of shares they are allowed to convert from their debt to sell. And they can only convert them on mondays. So rest of the week it’s a tight rope. So they usually get extra. This time it was 250,000. Once those are gone then it can squeeze
Mcsnacks H Tupack
Mcsnacks H Tupack
:
Right now the buying average is 7million a week over the sales. It’s why the hedges are continually buying them every week cause they are running out. But this week they aren’t allowing people to place option orders unless they have 300% more than the options they are purchasing in their account. For AMC and Gme only tho.
Biffuh
:
Hey Tupack. I've had four different posts deleted now. AMC is actually on our side and everything you've said about this picture is false. These are definitely bought off the open market.
MMs are working with hedge funds. MMs are selling naked options and allowing short sellers to borrow shares needed to fill options. Wrote a 2000 word essay comment explaining exactly how this works.
Who do you work for??
I don't even wanna take the time to discredit you because you literally made everything up outta thin air and people take it for fact cause they don't know better.
5andNine : I was looking at that too. not 100% on what I'm looking at but seems strange. after you hit All instead of 20 you see the games that were being played all at the top of the list.
Mcsnacks H Tupack : AMC selling hedge funds shares to cover expired calls tomorrow. They have to buy them at prices that will in the end average out to the closing price. Hedge funds are not allowed to buy shares from the open market. They must purchase them from AMC directly so that the SEC can have a record of the amount of shares they have and are using to loan out for options and shorting.
Domingo Friggin Ramirez Mcsnacks H Tupack : so they are allowed to buy millions of shares, without it bumping the prices up?
Mcsnacks H Tupack Domingo Friggin Ramirez : Yea the the shares have never been traded on the open market. So they just make sure they are averaged in so that it’s close to the closing price. Within a certain percentage of affecting it. Same way that buybacks are done. Just as long as it doesn’t raise or drop the price but by a certain amount. Then they use them tomorrow for call options that expired in the money and won’t be accused of naked shorting.
Mcsnacks H Tupack Mcsnacks H Tupack : But they have to buy the shares from AMC. They can’t buy them from the open market. AMC could tell them no and let it squeeze but apparently they want the money for their bonuses.
Domingo Friggin Ramirez Mcsnacks H Tupack : that's bs. so no chance at a gamna squeeze.
Mcsnacks H Tupack Domingo Friggin Ramirez : A squeeze can happen. AMC does have a regulated amount of shares they are allowed to convert from their debt to sell. And they can only convert them on mondays. So rest of the week it’s a tight rope. So they usually get extra. This time it was 250,000. Once those are gone then it can squeeze
Domingo Friggin Ramirez Mcsnacks H Tupack : thank you for the education
Mcsnacks H Tupack Mcsnacks H Tupack : Right now the buying average is 7million a week over the sales. It’s why the hedges are continually buying them every week cause they are running out. But this week they aren’t allowing people to place option orders unless they have 300% more than the options they are purchasing in their account. For AMC and Gme only tho.
Biffuh : Hey Tupack. I've had four different posts deleted now. AMC is actually on our side and everything you've said about this picture is false. These are definitely bought off the open market.
MMs are working with hedge funds. MMs are selling naked options and allowing short sellers to borrow shares needed to fill options. Wrote a 2000 word essay comment explaining exactly how this works.
Who do you work for??
I don't even wanna take the time to discredit you because you literally made everything up outta thin air and people take it for fact cause they don't know better.
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