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Phreak

02/19/2021 12:32

$GameStop

My Dad: you need to sell

Me: I see what I see in level 2 and finra.... I know what I know. I can wait as loooooonnngggg as it takes.

My Dad: they covered during the spike.

Me: Oh yeah?

My Dad: Yeah. Finra shows SI dropped from 226% to 78%

Me: OK, so they covered 148%?

Dad: Yeah. Hey, where are you going?

Me: to the store to buy 148% of all the available yellow crayons.

Dad: what? That's....

Me: impossible? πŸ˜πŸ’ŽπŸ™Œ
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All Comments(3)

Stonkhold Syndrome02/19/2021 13:36
well.... as a logician I can shoot holes in this argument because each crayon is a finite instrument that you intend to hold at one place in time, whereas each share is treated infinitely and can be sold multiple times.

therein lies the problem.

you could actually BUY 148% of the yellow crayons if the store were willing to sell them to ppl one at a time and then reclaim them to resell. you just couldn't HOLD them all at once because it's a logical fallacy

in finance it's called rehypothecation.

Stonkhold Syndrome02/19/2021 15:31

we will just have to rabble rouse until they are. end of story

Phreak02/19/2021 14:51

Bam. Agree.

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Alpha Investments02/19/2021 12:35
we all love our boomer parents

Phreak02/19/2021 12:36

πŸ˜‚

Phreak02/19/2021 12:35

I mean... He's only 60

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Investingspiderman02/19/2021 12:34
πŸ˜‚πŸ˜‚πŸ˜‚

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$KemPharm who loaded with me below 6, you are up 150%+, congratulations everyone who held tight and had diamonds πŸ’Ž hands βœ‹βœŒβœŒπŸ˜ŽStockdata 03/03/2021 09:17
New traders....

I post on this platform to help you learn. I teach by sharing their experience. I look into the psychology of trading. I can see volume, demand, as it happens.

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It’s a little different averaging down with options, same entry only on dips and only with 25% of your investment for that position. If your option drops 33% in value you can add a second position averaging down.

I teach many lessons to help those become better traders. I also share exactly what I’m seeing and I use a lot of visual tools and images to help show you all and help you learn.

Please give me a follow on Twitter

I am not a financial advisor, I’m a very smart individual that happens to be very good with patterns charts and numbers. I also know this is a tough time for all of us, and we are all trying to do the best we can. I believe in karma and I’m here to help.

As a play, I see bitcoin going to 53,000 by this weekend and 59,000 by March 12, meaning bitcoin stocks are in action

$SUNDIAL GROWERS INC. $NIO Inc. $Naked Brand $Castor Maritime Inc $Zomedica Corp $XPRESSPA GROUP $SOS Limited $Top Ships $WESTWATER RES

My Twitter handle is below, in addition I wanna give a shout out to @Stockdata Where is I look at the psychology of trading demand in volume this gentleman does research, analytics and his DD is off the chartsMatt 03/03/2021 03:31
$GameStop Find it interesting that we closed GameStop at $120 on the dot... I have a feeling they aren’t reporting the correct numbers... something doesn’t seem right... but Im still holding apes!πŸš€πŸš€DeMartiniMillionaire 03/03/2021 05:22
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For a good analogy I can pair bitcoin to Tesla, last year tesla went up every day or every other day and made many people millionaires, bitcoin will do the same institutions are finally buying in companies have it on their balance sheet, it’s easy to move money out of countries like China and RussiaMatt 03/03/2021 04:19