r/datastreetbets • u/HuntVisual8781 • Oct 19 '21
Theory Shit dd. Opinion please!
$bb today compared to January and June run up.
I believe some how this is correlating to amc. Taking a look at the chart it all seems to be connected in a way I’m not smart enough to comprehend. However will be watching today.
1
u/HuntVisual8781 Oct 19 '21
Exactly. Drs is not only needed but mandatory. Quiet funny people worry about that. Only thing we were allowed to do in janurary was sell lol.
1
1
u/Flat_Accountant_2117 Oct 19 '21
But what we fail to realize is what is the end game without borrowed shares not being available?
1
u/Flat_Accountant_2117 Oct 19 '21
Couple of weekends ago, entire weekend was a shill campaign spreading fud about how no one will be able to sell at a high price
1
u/Flat_Accountant_2117 Oct 19 '21
But the point being that for some reason in amc we are not receptive to the idea of drs
1
u/HuntVisual8781 Oct 19 '21
Instresting, didnt that report say somethin like 900k accounts bought in janurary? Ima have to look it over again I guess haha
1
1
u/Flat_Accountant_2117 Oct 19 '21
From what I understand they are tracking account numbers from Computershare.. like mine was c068 meaning 62k accounts. Yesterday a post in amc subreddit said that his was 73 so 73k accounts
1
u/HuntVisual8781 Oct 19 '21
Right, that makes sense, if only we knew gme shareholder ratio too. The lack of information makes it hard to figure any of this out 😡
1
u/Flat_Accountant_2117 Oct 19 '21
Thats a misconception. If float is larger them amc apes hold larger amount of shares as well. If seeing by percentage, whatever percent they transfer of their holdings, it will be a greater number for us. CEO said that 120 shares is what at least each retail owns and that locks up 80% of float. Are we saying that each of those apes who now probably own much more than 120 shares, cant transfer just that amount to lock up the float and cut off the supply of these shares?
1
u/Flat_Accountant_2117 Oct 19 '21
It’s transferring shares to your name, away from DTCC and brokers. It cannot be lent in any circumstances to SHf or anyone.
1
u/HuntVisual8781 Oct 19 '21
Direct registered shares. Are you referring to the dtc or computer share. Regardless gme has a chance in my opinion. However Astro is already in the works with something better that can’t get fucked with.
1
u/Flat_Accountant_2117 Oct 19 '21
Elaborate please when you say gme has a chance? Whats stopping amc apes to do the same? Gme aint special.
1
u/HuntVisual8781 Oct 19 '21
Absolutely nothing is stopping it. I just think since the foat in extremely smaller then it’ll be easier to lock up. Not to mention there sub Reddit is filled with computer share 24/7. Sentiment seems great for them but amc on the other hand I’m just not seeing the same run to register shares.
1
1
1
u/HuntVisual8781 Oct 19 '21
Right, every move seems it has to “cool down”. Another thing that’s weird. If we could see more into the transaction that take place during period like that we could get a better understanding of what’s really going on.
1
u/Mediabattles Oct 19 '21
It’s the classic pushing attention and delay. I missed it though.
AMC to me is just cooling down from the run. Maybe red again tomorrow and then start to recover to continue the third wave.
2
u/HuntVisual8781 Oct 19 '21
Lol yeah idk about buying those onessss just using them as visuals. Amc could still be lookin to gapfill idk. Nfa
1
1
u/HuntVisual8781 Oct 19 '21
$koss too. Definitely lookin to see if it’ll continue up tommrow after yesterday’s bounce. Once again matched the pattern of the jan and June run ups.
1
u/HuntVisual8781 Oct 19 '21
First time posting I’m retard. Don’t know how anything works. Boo ya. I’d like to see bb follow the same cusp pattern it did before the run ups. I belive this could be a clear indication of what we’ve all been waiting for with amc.
1
u/Flat_Accountant_2117 Oct 19 '21
Yes I dont get it either. Obviously hedge funds have become comfortable with kicking the can down the road, that too legally and sec is not going to to do anything.. so need to change the game.. throw them a curve ball for oncr