Friday's Price action was immaterial. Call chasers were rewarded off the 39s.
The winners there took $10 - the "winners" were the same Funds of Size gaming
the theaters. Apes who took their gains were in large Profit. Late chasers the
follow-ons... who bought 50s, 45s... were smoked.
The Jungle has a few days to close out the 48 and then 52 level.
Memes abound, BTC acceptance... the entire Float churn... Triple digits....
Dangerous Herd behavior imho, set SELLs at levels, wait an see.
A bankrupt Company traded through an insolvent Micro-Broker should end in
an extreme decline in the near future.
AMC has traded, consistently traded, inverse to the NQ. How much longer until
this fails... anyone's WAG.
Apes are growing in constitution in the belief/faith/hopes of a triple digit price
level on MOASS.
We shall see... we'll take the MoreASS opposing trade at the levels indicated - 48 - 52
Sells with the stop @ 57.12.
Gamers return with more Call buying this week, how hard the Jungle can move it
depends on the reaction @ 41.96.
We'd like to see the Apes take their win, the issue is 95% always lose on these types
of moves. Small investors getting damaged removes Liquidity... not something we
ever want to have happen.
It will again.
-HK
The winners there took $10 - the "winners" were the same Funds of Size gaming
the theaters. Apes who took their gains were in large Profit. Late chasers the
follow-ons... who bought 50s, 45s... were smoked.
The Jungle has a few days to close out the 48 and then 52 level.
Memes abound, BTC acceptance... the entire Float churn... Triple digits....
Dangerous Herd behavior imho, set SELLs at levels, wait an see.
A bankrupt Company traded through an insolvent Micro-Broker should end in
an extreme decline in the near future.
AMC has traded, consistently traded, inverse to the NQ. How much longer until
this fails... anyone's WAG.
Apes are growing in constitution in the belief/faith/hopes of a triple digit price
level on MOASS.
We shall see... we'll take the MoreASS opposing trade at the levels indicated - 48 - 52
Sells with the stop @ 57.12.
Gamers return with more Call buying this week, how hard the Jungle can move it
depends on the reaction @ 41.96.
We'd like to see the Apes take their win, the issue is 95% always lose on these types
of moves. Small investors getting damaged removes Liquidity... not something we
ever want to have happen.
It will again.
-HK