National Fiduciary Advisor. Helping grow nest eggs into generational wealth. President of Malone Wealth CF. Tweets are personal opinions, not financial advice
BREAKING NEWS: According to The Options Clearing Corporation,
@OptionsClearing
, over 1.5 billion shares of GameStop $GME are now on loan. Roughly 5x the float of the stock.
Cidatel's Flagship fund has ~$66B in assets. They also have $65.7B in assets sold, not yet purchased. It gets juicer. The estimated difference YoY Is the amount they are paying out to investors. 10x Madoff.
Reports are coming through that Robinhood has shut down the buying of $GME again and South Korea Market also is not allowing the buying of GameStop shares in pre-market hours.
DATA: $GME'S short sale volume reaches 2021 levels. What makes this time different? The cost to borrow is 40x as much as it was back then and ~50% of the stock float has been removed from the float.
I challenge the internet to find me another person running a billion dollar public company for FREE and also buys shares in that company with his own money. Find me one other.
@ryancohen
Citadel taking out loans and raising capital while telling
@CNBC
that they are the top performing hedge fund of 2022. Madoff from his grave: "Hey I invented that!".
About a million people just found out that Robinhood's 24hr trading has zero impact on regular stock fluctuations and price discovery once the pre-markets open.
Ken Griffin sets world record by stealing $16billion from American investors, pension plans, teachers, and firerefighters. By illegally frontrunning 40% of all stock trades and 90% of all options trades with his separate hedge fund away from his market making company.
The entire GameStop drop was due to one trade of 122k shares yesterday. There has been 16 million shares traded since then with an almost exact flat price.
Citadel?
"Record breaking fund in 2022 down year, best hedge fund ever, $16B in profits, $7B in client bonuses, $45B in securities sold but not yet purchased." Wait what?
Today GameStop $GME traded over 61million shares, over 17x it's average daily volume, and was the same price in the last minute of trading as the first minute. Market Makers, synthetic shares, and FTDs are a scam on the world of investors. They take your earned money and give you
With $NVDA at a price-to-revenue of 28 it is a good time to remember Sun Microsystems letter to shareholders after the dot-com bust. Sun had P/R of 10.
There are 200x more conspiracy theories this week than facts being spread and I believe that clouds all of the positive facts. $GME Preliminary results ended up in cutting expenses ~1/3 quarter-over-quarter, has $1 billion in cash, zero bond debt, up 27% in one week, and
I have a huge respect for the 1,000,000+ $AMC holders that have been non-stop trying to expose corruption on Wall St... I don't agree with your investment thesis, strategy, or your unbelievable CEO. But I will always give you props for showing how Cidatel and Virtu just
According to SEC ownership filings, if GameStop used it's ~$1.2b in cash to repurchase it's shares then there would only be 2M shares left in real float and 67 million shares shorted.
BREAKING NEWS: Gamestop's Q4 earnings comes in at $0.22. Making it a now profitable company. More profitable than $MU, $BA, $DASH, $SNOW, $SPOT, $MRNA, $ZS, $DLTR, $PINS, and $RBLX COMBINED.
Naked shorting is going to come to an end. This is the biggest revenue stream in the entire United States. Selling assets that you don't have. It should be an oxymoron, but instead, it's fking called "liquidity"
“We knew it was bad but we finally got the numbers this week, and the first two weeks of April, there was 700,000 to 1 million shares a day that aren’t covering “- Devin Nunes
$DJT
NEWS: insiders buying.
Larry Cheng, director of $GME, buys 5,000 shares. This is in addition to his 32,088 shares held in Cheng Capital LLC, his entity.
Ken Griffin: "Markets are efficient because of active managers setting the prices of securities... trying to drive the value of companies towards where we think they should be valued"
#AMC
#GME
#KenGriffinLiedUnderOath
Did I buy more yesterday? Yes. Did I have clients call me to buy more yesterday? Yes. Does GameStop have a better cash position than any Nasdaq 100 stock? Yes.
I would love to be a stock market maker. That way I would also gets a side hedgefund to buy/sell options in. I could literally re-route trades to lit or dark markets depending on where I wanted the price of each stock to go. This gives me an almost infinate loop of money. Get
The SEC changed their rules from "naked short selling is illegal" to "market makers (who also have seperate hedgefunds) are allowed to naked short stocks"
Routing sell orders to the open market and routing buy orders to the dark pools. Must be nice being a Market Maker while having your separate hedge fund on other side of these trades.
My article without a link:
In a stunning turn of events, GameStop $GME has defied all odds, marking its return to profitability for the first time in over six years. The unexpected achievement comes as a testament to the visionary leadership of Ryan Cohen, who has spearheaded
@ryancohen
the day that Computershare gave you the Direct Registered Share count for your Q4 earnings (03/20/2024), 3,600,000 shares appeared in the lending market at the open and THEN all disappeared at noon. I believe the transfer agent or the DTCC is falsifying data to you and
I challenge the internet to find me another person running a billion dollar public company for FREE and also buys shares in that company with his own money. Find me one other.
@ryancohen
Today the CEO of $AMC released a letter to investors pleading for them to allow the company to sell more common shares of stock. Notably, he sold $42,116,000 of AMC over the last 20 months and has not bought a singl share in any of the equity raises. The next equity raise should
***You heard about it here first!!***
I'm calling it that CEO Ryan Cohen bought 150,000 shares TODAY at $12.50.
Almost exactly 1/2 the price of his March 23' purchase of 100k shares at $25.44
GME options closed above max pain for the first time in almost 30 weeks. Reminds me of when the Jan 2021 $12c went so far in the money that the brokerages had to illigally collude to halt buying.
Cidatel's Flagship fund has ~$66B in assets. They also have $65.7B in assets sold, not yet purchased. It gets juicer. The estimated difference YoY Is the amount they are paying out to investors. 10x Madoff.
Adam Aron CEO of $AMC $APE Income:
2019: $9.7M
2020: Possible Bankruptcy $20.9M
2021: Possible Bankruptcy $18.9M
2022: Possible Bankruptcy $23.7M
Shares Sold last three years: $42.5M
Shares Purchased last four years $0.00
It has been over three months and nobody on the internet has been able to name another CEO who works for free for a public company who buys his own shares.
In January 2021, Wall Street brokerages and clearing houses collectively and illegally came together and shut down the BUYING of GameStop $GME stock. This resulted in my clients, my family, and my friends losing more than $20million in one hour. Not a single company or person was
The day that GameStop received their DRS number count from Computershare for their Q4 report (3/20/24) 3,600,000 shares appeared back in the lending market, and then by the end of the day they were back into computershare. Crime.