500K is not a MEME. Seriously. Like seriously, seriously. Really. It's not a MEME.
By - TheNovaeterrae
The economy isn’t going to fall apart because of GME and AMC on their own
The big piece that is always missing is THESE SAME HEDGIE MOTHERFUCKERS + BANKS HAVE SHORTED TREASURY BONDS INTO ABSOLUTE OBLIVION
GME and AMC squeeze are going trigger some serious fallout when hedgies and banks lose liquidity and can no longer prop up the bond market and economy on IOUs
A concern I have is a concern for small businesses. If these banks go down then they will essentially be the ones left without the reserve cash flow needed to operate day to day. I assume that the fed realizes this, too. For this reason I think they might get involved sooner than later. However, there have been a shit ton of rules passed by the SEC lately. Add to it that the fed will be robbing the average joe not just in America, but around the globe in plain sight. They’d be protecting the 1% at the expense of the 99%.
As many have said, this is a war amongst economic classes. We’ve played by the rules and exposed those that bent and broke the rules. If our victory is taken from us then I’m not sure of what will come. But after a pandemic, months of lockdowns and restrictions, months of being jobless, and months of being broke and set back financially, I think people are on short fuses. If we are robbed I’m not just concerned about the economic fallout on a global scale, but I’m concerned about the fallout from us average joes getting robbed. You already see plenty of uprisings, protests, and resistance all over the world. People are fed up with being put down.
That said, I’m holding 100 AMC shares and 10 GME shares. Hoping I can double down on one or two this next paycheck but either way I’m holding until we make it to the moon (500k) 💎🙌🚀🚀🚀🚀🚀🚀
Then we create our own bank to help small businesses. Let's call it BANK OF THE APES!
Let’s call it SilverBack Linings Financial 🦍
Edit: damn thanks for the award. Let’s get this rolling! 😎
when we inevitably fuck it up, it'll get bought out and shortened to SilverBank which works even better because it's a breeding sanctuary for whales.
It could also be WifesBoyfriend Financial
Holyfuck thats glorious
That’s the BofA I can get with
Welcome to crypto DEFI solutions
Take my up-vote Ape!
Apes will come in and give out bananas where they're needed the most 🍌 (uff I can't since this morning) 🚀🙌💎
>People are fed up with being put down.
#You said Ape, AMC to 500k! HODL or bust, let's take these MFs to the grave! 🦍💎🙌🚀🌚
The DD was taken down and I'm still trying to talk to the moderators. In the meantime everyape can find the DD using the link below!
Love you all!!!
Should we short the bond market and double up tendies?
Apes don't short. Apes HODL!
That would double the problem....
Should we start a bank?
You got some wrinkles in your brain, don't you now.
I am an 🦍, and I approve this DD, but know, insurances aren’t your friends, as Lou put it, they’ll come to adjust, use your discretion and watchful eye. The floor is 500k
I believe that 100% and insurance companies hate hate hate to pay money out. I work against insurance companies everyday at my law firm and they are not going to pay out easily but with the entire world watching including other countries, I think they would start a huge war and officially destroy the stock market forever. No one would ever invest again in the exchange market again lol
So do you believe that the insurance companies will pay out to the rate that we sell? Say the stock hits 100k but the insurance has to pay that amount...will the insurance pay every share for the 100k it is valued at, or will they try to negotiate the price?
I had everyone and their mom bust me down for "FUD" but yet I haven't seen anyone answer that, and Lou is the dude who brought it up.
I think a lot GME apes covered this. Check out https://youtube.com/c/CosmicLightningWarriorLIVE
It doesn't work like an auto claim or a property damage claim. When you hit that sell button it will sell your share at the current trading price. You have the right to sell that security whenever you want. They can't stop you from selling. It's not a security anymore at that point lol no one would buy shares knowing they couldn't sell whenever they wanted.
They'll stop the price from going up somehow but they can't prevent you from selling. As far as I know
>When you hit that sell button it will sell your share at the current trading price. You have the right to sell that security whenever you want. They can't stop you from selling.
Ah men brother, you hit the nail. It's called the **Free Market!**
Anything after 100k will be risky, if they get liquidated, insurances come into play, and they will negotiate down, be careful and pay attention. This is not FUD, just mere reality
I’m mostly interested in how to spot the retracement after the peak, mainly to avoid being stuck waiting for the bounce back that will never happen, and if I understood correctly we should look to at least a -32% movement and generally greater than -50%?
2 full days of down trend after an obvious moass peak
what makes it obvious?
There's going to be almost no FOMO after the squeeze gets really rolling. There's going to be a few days of low volume as everyone holds and waits for the price to reach and pass the floor. Then you'll see steadily increasing volume which will indicate more and more people are selling. By using a rough guesstimate based on the amount of shares which are shorted minus the volume since the rough start of the squeeze, you can guess when the peak is approaching or passed.
I have no idea what this means. I'm in the same boat. I don't want to paperhand early, but I also don't want to diamond hand through the MOASS peak
If we're going from 0-100 then 50% of that is $50. This should happen around 4-5 after it peaks so you'll likely have time and if it peaks at 500k, believe me you're going to be very happy with your profit even if it's not The Peak. Very few apes will time this perfectly but some apes will probably try and end up leaving money on the table.
If we're looking at -30% then if the peak is 500k, it'll drop to 350k in the span of a day or two. Probably. Which if you have 100 shares is 35 Million. I doubt you are going to be unhappy lol
This is why Lou laughs when he's asked about people concerned they'll be left holding the bag. The DD's are out here and you've got apes happy to help give you more information so you can make a well informed individual decision
I hope that helped
The real reason why I asked is if we won’t reach our 100k-500k goal, because many of us will hold for that floor, but what happens if we peak considerably lower? That’s what I’m concerned about.
Hey man, thanks so much for all the knowledge...BUT, unrelated to above comments, ive been wondering, and im very dumb, but wonder nonetheless....if amc/gme hit the moon, isnt that the ideal position for hedgies to short sale from?
Gme at 20mil will def go down, so wont that be great for them? Just a possibility ive been wondering about, and figured your wrinkles could explain it to my smooth brain.
They would already to liquidated at that point if they were shorting it.
Now if hedge funds own shares like we do and just went tendies, they would be doing the same thing we are. Just holding.
What November said
That's why you spread out. I'm not going to hold every single share until I think it's the peak and dump it. I might even have a position I play with during the squeeze. Sell a few at top buy a few at dip. Repeat. That would actually help the squeeze imo because it's adding buying pressure.
The main thing I want to know is this: at what point will the money not be payable and we wind up having to go to insurance? Lou brought up a good point that the insurance is going to give us a VERY discounted price on the shares. Shit, for all we know, 100k might be valued at 40k to the adjusters and you'd have done better selling at 50k. Not FUD, just curious.
As some rando with some AMC shares browsing the subreddit this question and others have entered my mind; it seems like a legitimate question to me.
I know that FUD stands for fear, uncertainty, and doubt, but what does that mean in this context whenever someone calls out someone else for FUD? Are people frowned upon for expressing questions that potentially cast a more critical eye on these events?
Appreciate you answering the question :^)
I’m sorry, did you write “We all came together?” We came... together? Like at the same time? Is that possible. There are so many of us... we all came together. And that’s why humans in years to come will remember us? 🤔
😂😂😂 I love you 😂😂😂 it was an explosive event
“There was unprecedented *action* today on Wall St....”
A hell of a gangbang I'd say
We came...everywhere, we saw, we laughed, and got filthy fucking rich bitch
Don't forget the titties. I mean tendies
yes ... we all came at the same time; huge mess to clean up now
It was a "dramatic release".
Pump and dump?
Max Payne is not a meme
Didn’t they just sell 43m shares so 450m isn’t correct? Also you prove against the outstanding shares (450m) not shorted shares(Ortex data or theoretical billions) not trying to FUD just wanting clarity. I get that you can prove against the reported short interest since it’s lower than 450m
Good DD BTW
Yeah no worries! I think you are right but the most recent reported data which we all know is never up to date lol is 450.28 Million outstanding shares. But even if it were 500 Million then things would still be fine even if both AMC and GME got to a peak of 500k.
The only issue would be with the synthetics which I have no fucking clue of how they plan to go about handling those lol I don't think there is a procedure for this level of criminal
I agree. I don’t see how a poll on Twitter of 13k people that shows this level of shorts can be a revolation nor has gone un noticed thru the DTCC or SEC
This is the only way!
#Buy when we can, HODL when we can’t.
(Not Financial advice)
500 shares I will hold with you
GME 15M, AMC 500k or send me the memo
This is the way!
AIG literally went tits up back in 2008 because they insured those stupid MSB-CDO package from all over the world gambling banks, and ended up getting bailout from US gov (and read as nationalized) there's no insurance policy or any entity who is able to foot the bill on what's to come.
This event will most likely push all DTCC member liquidate to payout, which is not really that much to begin with. Most of their assets are illiquid as fuck (stocks are not liquid if you have to sell them in huge qty)
Also FED and Uncle same won't let that happen, sadly, these fucking banks are literally too big to fail. imagine all of your daily transaction personal/business are all of sudden not possible (no credit card, no money wiring, no check clearing), we will be returning to 19c. or earlier.
So there will be gov bailout to pay out for such event. cash infusion to bank. I never thought mother of capitalism country would have potential of nationalizing the banks, but that may be potential scenario.
time will tell.
BUY & HOLD & VOTE
I'm hodling for 500k. Why start something unless you plan to do it right? Life-changing money is what I'm holding for. Life-changing for me, my fiance, my brother, my nephew, my Mom, my Dad, my friends... I want them all to experience freedom.
I'm balls deep and these daimod hands are squeezing harder than this stock.
Everyone needs to see this including fud bots.
I guess we APES will see who the real joke is when it squeezes
Hopefully... This is the way...
I got chills, I have had on my whiteboard 500k for months now, thinking of making 500k total. I now know it was meant to be 500k EACH! LFG Holding to the moon
Commenting to get to hot
Why is the Post gone
Hey fellow ape! I'm not sure but I'm looking into it. For now go on my profile and sort through new to find it on other subs ✊
Yeah I'm looking into it with the mods lol go to my profile and sort through new to see other subs where I posted it ✊
I'm working on it. It's just because of all the links I had promoting our group which is not okay. I was a retard. I'm working on talking to the mods now. In the meantime you can check it out with this link....
Gotcha. Thanks for the response sorry for the lol
Everyone needs to be upvoting dd like this more often. This is what we need to see
GET THIS FUCKING UPVOTED
Thank you for this HUGE breakdown, now i understand why soo many people think 500K is possible and from now I'm proud to be one of them !
Grab your spacesuits, and buckle up Apes ! ❤
To the Fucking Mooon !!!!! 🚀🚀
I’m holding till Kenny has to get a 9to5
Plus, for every $ we make, the govt will be taking their cut for taxes next year. This is simply a redistribution of wealth from the corrupt banks to the hardworking average person. The longer we hodl, the more money we make. The more money we make, the more the govt will collet via taxes. The economy is going to be just fine since the IRS doesn’t fuck around
Trust. Believe. Hodl. Buy. Repeat.
Bias. Confirmed. 🚀🚀🚀🚀🚀🚀
I’m seeing Jack’s tits inflating!
Super exciting times. After all this we should rent An AMC theater for a night and watch Trading Places.
Your DD has some pretty pictures.😜🍌🐵
Hey guys! GME floor is around 24M right now.
(I'm in both cause I want all ape kind in heaven)
Not trying to spread any FUD, I have not seen this question asked and if it was… probably downvoted. I am no shill I believe in amc and gme have a XX position on both. How can shares get to over a million when every broker I’ve ever seen doesn’t let you set higher than 999,999.99? Would I be screwed if it goes past that? Truly curious.
You won't be screwed by that. Brokers (TD anyway) will allow over 1M when it's time. They want this over too lol
I hope so! I want a million a share minimum!
If you believe it’s a meme why would you be holding!
I agree with what you put together here and i appreciate it... but since you brought up Review dork from YT, lets touch on that for a sec... he's has put out this video today...
and at the 6m 30sec mark of that video, he is completely wrong claiming share holders will not be able to sell on the way down... due to "liquidity issues". This is straight up FUD because there are processes and regulations that specifically cover closing out a position due to forced liquidity as laid down by the SEC, SIPC, the Dodd-Frank act and several other orgs.
i believe he put this content out to prop up his other video...
where he advocates selling on the way up. this is also incorrect and will lead to several apes trying to "game" the process by creating their own insurance by pulling their original investment out on the way up. this process "may" work for a normal stock with normal buy/sell ratios and pressures, but this will not work with any of the "meme" stocks as their ratios and variable during this squeeze are totally different. the only thing this "selling on the way up" will do is kill the squeeze as it goes against the supply and demand model.
I didn’t know retard proofs existed but I do now
This DD only holds it's value, if DTC is true insuranced for 65 trillion. I have tried several times to dig out any document or indication of this being the truth. I have yet to find proof.
It's true they are MANAGING 65 trillion, but there's a big difference. They aren't going to bail out the hedgies. They don't give a shit about the hedgies, they only care about their own ass, once all this goes tits up.
Someone has to pay up, but it won't be the DTC. It will most likely end up being the government
That's just my 2 smooth cents
Your wife’s boyfriend said it was👀
Why was this removed?
Why was it removed? Some shills didn’t like what it said!!
This DD has been removed. Any ape with a link kindly willing to share? Thank you!
500k per share is $225T ...
500K x 450M shares = 225T
What am I missing?
Everyape isn't going to know to sell exactly at the peak. That's why there's an average. You're missing math classes I think. But I did the math for you. Look up geometric mean, parabolic, averages and I think you'll understand my fellow ape.
Not everyone is going to hold until 500K. This formula takes that into account.
I had a friend sell half his holdings yesterday because he doubled his money! Lol I wanted to tell him he was an idiot but I didn’t. He was so happy so who am I to pee on his parade.
I don’t think we realize the number of people that aren’t on Reddit and not focused on mission. Those people will be sold out by the time it gets to $100. But knowing we own the float several times, I bet we will have time to wait until we are all satisfied.
My holdings are such that, I become a lottery winner in the 20-50k range. My entire family will be set for the next 5 generations at least. But I can assure you I will have something to sell the entire event.
I also plan to keep 1 share the whole time, and then it will be printed and hung on my wall to memorialize this event showing that share survived the whole thing. I think it will be a great story for my family years from now after I’m gone.
It will also be tear stained knowing it was worth whatever the peak was and I didn’t sell it! Haha
500k is the floor
Hodl to Change the World🤭
XXXX $ASS XXX $CUM shares here🤭
IT WILL GO TO 100 TO 1000 TO 10,000 HF TRAP FOR ALL PAPER HANDS TO FALL INTO❗BUY @ASK AND HOLD STRONGLY 💎🤲 THAN DISABLE LENDING SHARES PROGRAME + DO NOT SET SELL LIMIT + SET PRICE ALERT + DON'T DAY TRADE + DON'T BUY OPTION + NO STOP LOSS
1 SHARE OF 💎🤲$ASS 💎🤲$CUM FOR 10,000 TO 100,000 GTC SELL LIMIT ORDER IS JUST A ROTTEN BANANA FOR ALL PAPER HANDS TO FALL INTO A TRAP AND CRY AFTER❗
IS JUST THE BEGINNING AT 1,000,000 TO 20,000,000❗ THAN GIVE HF NOTHING BUT TAKE FROM THEM EVERYTHING WHEN THEY ARE EXTREMELY FEAR❗
🤭Nothing Can Stop $CUM $ASS 💎🤲🦍🐒❗
APES HELP APES = EXTREMELY STRONG❗
GME to 20 million? Right then I knew this was a meme. Greedy ignorance, you are delusional if you think the SEC would allow a stock to run up that much. That being said, I hope it moons 370
"Greedy" is a 100m paycheck every month
Check the GME subs.
Also greed? Really? I almost want to say f you for that. They were greedy. This is not greed. This is fucking justice. This is vengeance. You know what, 30 Million now because of you. I'm making the edit today
You realize there is a cap on he market and Berkshire is capped below 500k
Not the NYSE
gravityandlove beat me to it