*DANG sorry for the lengthy post but if you can get thru it and have questions my inbox always open*
$PROG $BBIG $AMC $BKKT and all others in a stock for a potential squeeze...this is for y'all!!
Goooooood Saturday morning you bad@$$ investors. Since this is one of my favorite social financial platforms, I thought I'd share some info for people that I've personally learned along my investment journey of over 11 years, especially geared toward newer, more intimidated investors that haven't seen volatility or day traded before...
Remember y'all....
SQUEEZES AREN'T EVERYTHING AND WONT HAPPEN VERY OFTEN. YOU NEED TO DO YOUR OWN DUE DILIGENCE BEFORE ENTERING ANY TRADE AND TRY TO GET IN BEFORE THE HYPE EVEN STARTS/WORD OF GOOD NEWS IS RELEASED. ALWAYS HAVE AN ENTER AND EXIT STRATEGY...
That being said, THESE SHOULD NOT BE YOUR EVERYDAY TRADES UNLESS YOU'RE A PRO (self proclaimed or thru a B.S. degree) AND HAVE PUT YOUR TIME IN AND BACK TESTED YOUR STRATEGIES!!
These squeezes can take days, months even. always remember it WILL get worse before the phenomenal boom, its almost a guarantee too see a major sharp decline in price before a squeeze or nice pop to the upside, simply in part due to Short Sellers (SS) throwing everything in their stockpile when they know their time is up. Once one major SS runs out of shares and there's nothing left to borrow, its take off time. Every SS will start to dump their arsenal and start to cover (buy shares back at a lower price) causing a huge rip in price... This is partially due to the classic tricks by shorts and institutions to drop the price as loooowww as possible, using high scale algorithms WITH AI incorporated now, so these upcoming companies can get audited cheaply for a possible merger or acquisition forced by or sold to bigger companies that want the little companies tech, ideas, or assets on hand (usually with zero new debt and a large new sector to enter.) Now these big corporations or institutions can and WILL step in and force a merger/acquisition/etc when they see fit for their future goals and prospects, often misleading retail up until they know they can buy cheap and make a crap ton of money... Happens every. Single. Time. Not to mention companies like $BBIG $PROG $ATER $AMC $BKKT are heavily, HEAVILY shorted weekly and monthly leading up to the big catalyst or news or earnings release, but they'll wait to release the PR til they (insiders and tutes) are covered in, or know they will be able to cover, all their short positions and can buy back at the cheapest price possible for the underlying stock that's about to blow PLUS load up on call options (all made possible by HFs owning most major media news outlets...MarketWatch, Benzinga, etc..) Now the whole point of SHFs (short hedge funds), while they do serve their purpose in the markets, making sure no company is too over valued, they do far more damage to little companies and start ups by shorting them or any major competition in their sector or way, into the ground completely and bankrupt them. Look at what amazon did. Grew their monopoly at the expense of American franchises and many other brick and mortar shops (take Sears, JC Penny, and Toys 'R' Us for example) At which point they never have to pay back the shares they borrowed in the first place to start their coordinated short attacks (the ultimate f#ck you to not only the stock company, but the tutes they borrowed the original shares from as well)...IMOO there should only be shorting allowed in dire situations, limited and MONITORED for any inefficiencies or corruption. But we all know the SEC (Supporting Everlasting Corruption) will just continue to stand by idly serving up retail investors a sh!t sandwhich as an excuse on how they're gunna 'crack down on naked shorting and calls' and dark pool activity in general (YEEAAAHHHH OKKKK KAREN) they WILL NOT give up their power or money unless we TAKE IT. They've f#cked over millions and millions of investors for DECADES PEOPLE. Your parents, your grandparents... A lot of y'all should be rich and well off more so than anyone in office right now from inheritance alone. And that's just a sad fact...
They've said the same sh!t for years. When do we finally say enough is enough and take back our hard earned, already TAXED money that WE invest at OUR OWN RISK to get ahead in life, just to turn around and get taxed AGAIN on capital gains or even as an income tax? Sounds pretty @$$ backwards if you ask me...
Lets turn the tables to get that wealth so many of us deserve after putting in years and years of work...idk man sorry for my Saturday rant I dont get much time to do anything anymore let alone b!tch about our messed up financial makets...
This has been going on for decades now...we're just the lucky generation to finally be able to see behind the scenes of our corrupt world leaders with literal computers in our pockets and hands constantly, and people are finally seeing behind these billion dollar company's BS tactics that have worked for YEARS with not a peep from the people supposed to 'protect us retail investors and our money' (SEC I'm lookin at y'all)
So until I see some REAL change, not just more smoke blown up our @$$es, I'll be signing any petition against the corruption of OUR free market!! Might even start one myself... The time is now to make the changes we as retail investors finally fu(kin deserve...TRANSPARENCY IS A MUST. Sick of the SEC DTCC and insiders (ahhemmm also lookin at you Senators and Government Officials) gettin their rocks off taking what's rightfully ours, trading cuz they have inside info we never will. Its a game to them but its OUR MONEY, let's stop just giving it away to them and work smarter, not harder, yeah?!āļøāļø
Please educate yourselves before any investment journey. It will pay off if you DON'T follow trend and hype. Try to invest in products/companies with a strong future. Millionaires are made every day, but rarely overnight. ššš¢
Drop links to any petitions being brought about to the supreme court I'd be more than happy to give my John Hancock on those pieces of paper
#SECcorruption
November 5, 2021SPY0.34%BBIG3.13%VOO0.35%PROG2.50%
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