RE:RE:Fridays Options in the marketSmart, make em pay you. Manipulations break like a cable snapping. They will stress it and stress it as long as they can. Buy and hold will end them because leverage always squeezes.
WestCoast78 wrote: It would appear that these guys are stretched very thin. I noticed 51 hrs ago, when MJ popped with the notice of the bill the following day. To keep MJ sector suppressed, looked like fund raising had to occour. I noticed the gold majors popped 4%-6% on nothing (heavily shorted sector) Powell was yesterday. Spot price didnt do much either on tuesday. ABX, KL, AEM.....etc. Strange timing.
I switched to commons on jimmy.
WeedTheNorth wrote: CGC and GME are trading an identical pattern today, like most days. This Friday on GME 434,000 puts will expire OTM which corresponds to 43.4 million shares. Shorts have been using them to maintain their short position and with the new OCC rules, they won't be able to buy more puts to offset, they will need to find those shares to borrow. Next week will be explosive for GME and for shares trading with it because the manipulation is about to break. JMO, GL all longs