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Need help removing the flowerpot - I want to print out this photo and hang it on the wall, so the quality needs to be like it is. Use Wetransfer.com and link it back to me as an PNG/DNG/CR3 file. Leave you're donation link below and I will pick the best one. First and best one wins! :D

Need help removing the flowerpot - I want to print out this photo and hang it on the wall, so the quality needs to be like it is. Use Wetransfer.com and link it back to me as an PNG/DNG/CR3 file. Leave you're donation link below and I will pick the best one. First and best one wins! :D submitted by B3njii to PhotoshopRequest [link] [comments]

GME Gamma Squeeze, 7+ million shares left to hedge 🚀🚀

https://i.redd.it/kukifiwqgpf61.png
That's probably what caused our early spike to the $95 before shorts panicked. Right now it's a fight between puts and calls at strike 60 to stay in the money. Max Pain Theory says the longs and shorts will fight over their strikes with the highest volume as expiration approaches, ultimately making the the maximum number of calls expire OTM.
But there are 89,000 call options expiring friday from $60-$120 that MMs will have to hedge as the price increase. Shorts are going to do anything they can to keep it down below that to save themselves.
There are another 60,000 puts that are expiring today that market makers will have to unhedge as the price rises, also contributing to a gamma squeeze.
There are another 90k calls from $120 to $800 that are almost completely unhedged, but I'm also not expecting us to pump all the way up to the 800s to squeeze those so i've excluded them from the main numbers.
These are personal opinions/my guesses and not investment advice. I've also got so much GME that I can't do anything but stare at this stupid chart all day.
TL;DR: In total that's 15,000,000 million shares they'd have to buy today of which they've only hedged about 3 million so far (rough estimate based on eyeballing the delta). That's a whole lot of squeeze if we can find the juice.
Next day edit: You can see from the price action and high volume 10 minutes before close that bulls were trying to drive the price as high as they can while shorts were trying to keep it below $60. At $64 bulls had a small win leaving all the 60p to expire worthless. I'm slightly bullish coming into next week, but looking to see when it closes above the 4 day SMA to really say momentum is returning.
*Edit for the requested rocket ships 🚀🚀🚀🚀🚀🚀🚀🚀
submitted by OhNoWasabiAhead to wallstreetbets [link] [comments]

One Piece chapter 1001 spoilers

KOREAN SCANS

Detailed summary thanks to Redon!
Chapter is titled - "Onigashima's decisive monster battle".
In the cover, Jinbe is sleeping on a jellyfish.
Kaidou is shocked to see that Luffy's attack was able to damage him.
Zoro: "So that's the Haki he has been learning from that old Wano kuni guy?"
Kid: "What the hell is that Haki? How can a punching attack work against Kaidou!?"
Kaidou thinks to himself.
Kaidou: "This brat just completely lost to me a while ago in Kuri.What in the world happened since then!?There are only a few people in the world who can fight against me.Who the hell does he think he is?"
As Kaidou looks at Luffy, he sees the shadows of Roger, Whitebeard, Oden, Shanks and Rocks behind him (we can't see Rocks in detail).
Kaidou attacks Luffy with “Raimei Hakke” again. Luffy reads the future and dodges the attack but Kaidou is so fast that Luffy is partially hit again. Some blood comes out from his head while Kaidou compliments Luffy for being able to dodge the attack this time.
Big Mom attacks Luffy with “Heavenly Fire” before he could get up, but Zoro cut Prometheus in half with Kinemon's "Kitsunebiryuu: Homurasaki" (he says he stole it).
Kaidou attacks Luffy again but Law uses “Shambles” to teleport Luffy towards him. Law is angry saying that he intended to save Kinemon by himself, but Luffy had to go and say it first, so now it looks like he's following Luffy's orders.
Kid mocks Law for becoming Luffy's subordinate and says he doesn't care if "small fry" wants to team up.
Big Mom attacks Luffy, Law and Kid with a new technique called “Heavenly Bonbon” (天上のボンボン (ヘブンリーボンボン)) where Prometheus spits out 3 small fireballs.
Luffy: "So the first guy who touches that fire is a "small fry".
Law and Kid say they won't play Luffy's game. But when the fireballs come close, all of them refuse to touch them (they all make funny "Huh?!!"faces) and so all of them get hit by the fireballs.
Zoro puts on his bandana and says to Killer.
Zoro: "Don't get in my way, Kamazou."
Zoro remembers him from his laugh. Killer replies him while he prepares his blades named "Punisher".
Killer: "If had these blades back then, you'd have been dead."
Zoro: "The result would still be the same."
Zoro and Killer attack Kaidou together. Zoro uses “Rengoku Oni Giri” and Killer uses “Zanshu Claw” (Beheading Claw). Kaidou seems to take a bit of damage but still smiles and compliments them.
Zoro: "I still need to release more of Enma's power."
The 3 captains are back on their feet and attack Kaidou together. Kaidou tells Big Mom to wait since he wants to see their power in full. Luffy uses “Gomu Gomu no Kong Gun”, Law uses “Takt” to drop tons of rocks on Kaidou and Kid uses a new attack called “Punk Rotten: Punk Vise”, a badass robot with skull face that crushes Kaidou with both hands.
Meanwhile, Big Mom is laughing from above and turns Napoleon into a flaming sword. Kaidou emerges from the rocks in his dragon form. In an amazing double spread, Kaidou in dragon form and Big Mom with her flaming sword face the 5 Supernova.
Kaidou: "it would be such a waste to kill all of you. But that can't be helped. After your death, I will take all your crew, your treasures and all the Poneglyphs that you have! Whoever wins this battle, will only be a few steps away from becoming the Pirate King!!"

Snippet from the last page
BREAK NEXT WEEK
Scans on Friday
submitted by gyrozepp95 to OnePiece [link] [comments]

Gamestop Big Picture: Market Mechanics

Disclaimer: I am not a financial advisor. This entire post represents my personal views and opinions, and should not be taken as financial advice (or advice of any kind whatsoever). I encourage you to do your own research, take anything I write with a grain of salt, and hold me accountable for any mistakes you may catch. Also, full disclosure, I hold a net long position in GME, but my cost basis is very low, and I'm using money I can absolutely lose. My capital at risk and tolerance for risk generally is likely substantially different than yours.
Rather than doing a writeup of Friday, I think the time I have at the moment would be better spent going over some conceptual market mechanics. As I mentioned in my previous post that covered some light analysis of the week, my first glance was that Friday was a low conviction, low volume day where momentum traders/and volatility arbitraging HFT algos were skirmishing, and a slightly deeper look tells me that's probably the case for almost the entire day, up to the last minutes before close.
There was a bit of a push toward the end of the day just to extract maximum interest charge pain. Keep in mind also that on Friday many of the retail brokerages still had issues with GME, and GME price was also protected from aggressive short-side attack due to the uptick rule.

Capital Flow, Liquid Float, and Price

Ok, so let's go with a diagram I put together while thinking about how to best answer a ton of questions related to the mechanics behind triggering a squeeze. This is not very formal--just conceptual to help you think about the relationship between price, liquid free float, and capital required to move things around.
Capital Flow to Price Volatility Leverage Conceptual Diagram
As you can see in the diagram, I figured it would be conceptually clearest to model the relationship kind of like a seesaw.
On the left you can see that people selling tends to increase liquid float, moving the fulcrum of our conceptual seesaw to the right, except in the case of selling to people who are planning to buy and hold, which moves the fulcrum to the left.
The lower the liquid free float, or the further to the left the fulcrum goes, the greater the likely impact of any particular capital flow (net selling or buying) on share price. Importantly, as the diagrams on the right half show, it's not a linear relationship. The closer the liquid free float comes to 0%, the faster the price volatility increases... theoretically approaching infinity as liquid free float approaches 0%.
I find it sometimes help to think of the extreme case to help clarify. On the extremely liquid side, if you have all of the tens of millions of GME shares in play, dropping $10,000 in to buy shares probably doesn't even register on the ticker. On the other extreme, if what if there was only 1 share in play? That same $10,000 instantly prices GME at $10,000 a share--if you can even get the person holding it to sell!
Since company value is estimated mark-to-market, GME would instantly become rated one of the most (if not the most) valuable companies in the world. This is in no way true, of course, as you could not subsequently sell all the rest of the shares at that price, but as far as a whole bunch of market mechanics and market participants are concerned, they would have to treat it that way until another transaction took place to re-price the company.
So, in the grand scheme of things, in terms of difficulty of initiating what magnitude of a squeeze, the primary factor is locking up actively traded/liquid free float. Also important to keep in mind, locking up the float is only very gradually noticeable until you get very close to locking it all down, and you reach a point where suddenly each fraction of free float being locked up has parabolically greater impact on price volatility, reaching its limit where going from 2 actively traded shares to 1 actively traded share doubles price volatility sensitivity to capital flow by just locking up a single additional share.
So simple, right? Actually, yes. However, don't mistake simple for easy (absolutely not the same thing in this case).

Market Games

So, GME and other high short interest stocks are looked at in two ways by many market participants. On the one hand, you have normal investors and traders who don't really pay attention to it at all, and, if they do, they see it as a tool for price discovery that is otherwise neutral and dampens volatility (people tend to short stocks as price goes up, and cover shorts as price drops, so normal shorting activity is at least in theory supposed to help keep price stable).
Then you have what I'll call market gamers. These are people who are willing to look through the veil of what various mechanics in the market are theoretically intended to accomplish, and just pay attention to what they actually do. There are a number of market mechanics that get really strange in extreme circumstance, and shorting is one of them, as using it to the extreme can absolutely crush a company's share price and actually harm the company badly. The counter to that is the increasing risk of a squeeze, which gets worse with extreme price volatility.
Imagine it this way. Short interest in a stock is like the stock comes with a very strange feature--a closed wormhole portal into the brokerage account of the short position holder that, if slammed with a high enough day or week end price, blows open and sucks their account capital through, and possibly their broker's capital too, until they've patched it closed again with shares of stock they were short.
That's not how you're supposed to look at it, but that's kind of how it actually works in practice. Most wall street types would find it appalling and wrong to think about it that way, but with Millenials and younger jumping in to the market we're talking about generations of people who grew up watching things like people doing 4 minute speed runs through games intended to take~100 hrs to complete, using nothing but the mechanics of the game in ways entirely unintended by the developers. That's kind of what GME is like, from a certain point of view--a speed run through the market, blitzing and confusing everyone watching--throwing a ton of money at hedge funds' short interest until you blow a hole in their account and suck the capital out with the force of a black hole. Of course people are getting jumpy.

Battleground - Strategy and Tactics

In a way, GME has turned into a battleground stock in the minds of many wall street people. Wall Street vs WSB is basically the way it's been depicted in the media, and a number of them seem to be taking it personally.
With a battleground stock I find it helpful to think of it like a literal battleground, but with territory marked out by stock price. It helps you consider the impact on each 'side', what their motives are, and tactical and strategic implications. The reason I think this way is that once a stock becomes a battleground, the issue is no longer about price discovery--it's about proving a point or accomplishing a specific goal, which changes the dynamics of the trade.
In my opinion, the retail strength/defensive line is at the $148 level as mentioned in my previous post analyzing the week. This is based on the majority of volume being in the runup from $30 to $148, which triggered the first squeeze.
My guess is short-side strength hardens at the $350 level, based on that being the level at which the whale plugged the first squeeze. What this means is that you can expect some short-side people to actively short more at that level, possibly following through on momentum, as many of them want to prove a point that GME is a <$20 stock, as stated by a number of them on CNBC. $350 might seem like a low number given Friday's close, but remember that Friday trading was subject to the uptick rule, so the short effectively could not push back, and was instead fighting a rearguard action to bleed the long-side advance as much as possible, and lure them off their strength as much as possible.
Say what? Is there a point to those analogies like that? Why yes, of course, because those analogies are very good mental models for what is going to happen in a short squeeze campaign.
Remember, in the grand scheme of things, the goal of the long side is first and foremost to lock up liquid float. That means buying and holding shares. The question is.. how much will it cost you to move the needle on that, so to speak. the higher the price the short side can force you to pay to lock up float, the longer it'll take and the more expensive it will be. It is also like fighting far from your supply lines in that respect, in that there will be weaker hands mixed in far beyond hard support levels, such that quick pushes by the short side will shake them out, loosening float back up.
How about on the long side? You want the short side to overextend themselves by shorting the price down on momentum, and hopefully get them to keep building up short interest at the lowest price at which they will do so. This means having to have the patience to see the price go as low as you can tolerate before you start losing your key support to despair. Why? Because it means you're buying the shares they throw at you at a lower price (costs less to move the needle on locking up liquid free float) and also that their short position is at a lower average price, lowering the price it will take to trigger a squeeze.
The above is why, in some cases, you will see a sharp dip before the vertical move in a squeeze. You can essentially lure the short side into an ambush by falling back to lower and lower price points, which allows you to continue to lock up free float at ever cheaper prices while the short side thinks it is winning. Once you think you've accumulated enough to prevent covering without a parabolic price move, you spike the price back the other way and it's effectively game over. It can take some time to play out to its conclusion, but that is the essence of it.
Let's make it concrete and put some numbers to it. let's say you need to lock up 10mio more shares for the squeeze (no idea, just using the number for easy math). If you can buy it all skirmishing at the $200 line, you'll pay $2bn to do it. If instead you've extended to the $300 line, you're going to pay $3bn. If you're an alpha-seeking whale, why pay 50% more to accomplish the same thing if you can get away with it? If you recall, I referenced seeing what I thought looked like this type of ticker behavior in my 3rd post.
That being said, you might not mess around with those types of tactics at this point if you think you're already close to blowing up the next short interest holder.
If you think you're close, then you're looking at the most efficient way to make the last tick at trading close as high as possible.
That is very similar to the price action we saw on Friday at the end of the day, as mentioned earlier. If you think about it, if the goal is the have the price at/above a certain point at the end of the day, what is more efficient? Rush in the morning, then have to pay that higher price level for the whole day to maintain it, or wait until later in the day, as late as you think you can manage, and then push to that point at the very last tick?
That, at least, is a very high level view of what you're trying to accomplish, but it gets very complicated in the details. If you're dueling with a good HFT algorithm, you can run into things like the price getting spiked to trigger halts to run out the clock (kind of like fouling someone in basketball), which gets harder in the final minutes of trading due to the wider LU/LD allowances, but still doable, even if you have to do it by sucking price level up (maybe to give you 5 mins to call your buddy at Blackrock to dump shares onto the ticker or something like that).
Another thing to keep in mind. One of the reasons these things can roll on for a long time, is it might not be a one and done blowout (possibly on purpose). Think about it--if you can get people to keep piling short interest in--particularly for emotional reasons, you can ring the register as many times as they are willing to keep doing it to ultimately prove their point. Think of the Citron guy who re-shorted back in around what.. $90 or $100 I think? All because he wanted to make his point when he got blown out at the move off of $30. There are people piling back in right now. Who knows how many times they're willing to reload the short float.
Ok, so this post is much longer than I originally intended anyway, but I think the diagram and some of the descriptions above should provide a good amount of food for thought and discussion. A number of people asked me why I said that price to squeeze was secondary at this point. If you haven't already figured out why, try to think about it, or maybe ask in comments and someone can help with a further discussion.
A couple of final points:

input TrailingPeriodLength = 5; input CircuitBreakerPercent = 10.0; input GuardMultiplePercent = 70.0; def trlAvg = Average(close, TrailingPeriodLength); plot trailingAverage = trlAvg; plot upperStop = trlAvg * (1 + CircuitBreakerPercent / 100); plot lowerStop = trlAvg * (1 - CircuitBreakerPercent / 100); plot upperRail = trlAvg * (1 + CircuitBreakerPercent / 100 * GuardMultiplePercent / 100); plot lowerRail = trlAvg * (1 - CircuitBreakerPercent / 100 * GuardMultiplePercent / 100); 
Also, I got a comment in another post telling me to get a job lol. Actually I have one, so I'm not sure how much I'll be able to post from Monday forward. As I've mentioned in a few comments on prior posts, I actually am not active on social media normally. I just created this account to try to help people use this probably once-in-a-lifetime event and the intense interest it's generating to help people learn to become better investors and traders. I'll try to keep posting, but maybe not as regularly, and probably shorter (which I know some of you will be happy about :)).
Hope you all have a good rest of the weekend. Good luck in the Market on Monday
submitted by jn_ku to investing [link] [comments]

Win+PrtScrn automatically saves a png file. Win+Shift+S makes you able to select a region and save to clipboard. What I actually need is a region shortcut that will save automatically as a file! Does it exist natively in Windows?

This is probably the feature I miss the most from macOS.
submitted by ratocx to techsupport [link] [comments]

Please help me, I've figured out the situation and can't post it on WSB

[I know I said final edit, but I made a final final edit below, and preserved the original post at the bottom. I'm disorganized, sue me.] 2nd-to-FINAL EDIT: Toning down the Rhetoric. We need real data, can this be mathed out? I like that guys idea of a shareholder meeting. GET THESE FUCKS IN JAIL. TIME IS OF THE ESSENCE.
ALLEGATION: SECURITIES FRAUD, NAKED SHORTING COLLUSION BETWEEN MELVIN AND CITADEL

Let's roleplay, retards. I'll play the billionaire fuckhead who wants to bankrupt Gamestop, because I think it'll be a fun story to jerk off to.

I hatch a brilliant little plan to short them to death. Here's my plan.

I collude with the company who invested in me, who processes my transactions, to make the world think I have 5 Million GME. This happens. I don't know how, but keep going with me.

So now, all I have to do, is NEVER let one of these specific 5 million GME shares out of my account, or the jig is up. They'd be caught as a FAIL TO DELIVER if someone ever got their hands on one. So how do I never sell one of these? Shorting!

But no no guys... not just regular shorting. We... we would short. EVERY. TRANSACTION. EVEN THE ONES THAT LOSE US MONEY. It's more important and valuable to me to pay for a clean share off the market to boomerang back, than it is to release one of my POISON SHARES into the market and get found out. Luckily, I know a clearinghouse that sits in front of all my transactions, and can help with this little bit of intercepting magic.

So, we do this for a while. Hey, wait, a big order came in, there wasn't enough float in the pool to boomerang clean shares, oh shit, we let a couple go. Well, let's wait and see what happens.

< INSERT LINK HERE TO THE FAIL-TO-DELIVERS ON GME SECURITY OVER TIME > https://i.redd.it/1wpfodbyb6f61.png

Oh, shit. Things are warming up. People think Gamestop might really come back. If there's a lot of trading, they might've found out about my 5 million FAKE POISON shares, when the clearinghouse comes to deduct it from my account.

Oh, shit. It happened. A lot. Look at those fail to delivers. They're everywhere on $GME, and only on GME.

The jig is up.

I don't want to get caught, so I hit my "omfg algorithm" button, that will liquidate and put any asset in my entire portfolio in front of those buy orders for GME. I know, the redditors are idiots, so I'll HEDGE THIS POSITION with another profitable meme position.... like AMC.
They decided "FUCK IT" eventually, and traded in their FAKE SHARES for REAL MONEY at some point during this, and those are FOUND OUT WITH FAIL TO DELIVERS. THEY ARE SLIDING ALL THEIR ILL GOTTEN GME GAINS INTO OTHER STOCKS, PROBABLY THRU OTHER BROKERS, SO THEY CAN BERNIE MADOFF THIS BITCH AND RUN AWAY WITH ALL THE MONEY.

THOSE ARE FAKE SHARES, "CREATED" BY CITADEL AS IF MELVIN OWNED THEM, AND ALWAYS FRONTED (SEE: LAUNDERED) CLEAN SHARES WHENEVER TRANSACTIONS WOULD HAVE COME IN FOR THEM. AND THERES WAY MORE THAN 5 MILLION AND ITS NOT JUST MIGHT NOT JUST BE GAMESTOP. [Edited, im retarded]





Final final Edit/addendum [lol i know, i'm unorganized, shutup] 2/5/21 3:51pm EST: I am still here, I am still convinced, and I am still advocating. I however will not be posting here anymore. I am preserving it via an internet archive screenshot, and logging off for good.
The amount of ACTIVE disinformation is a data point. Look at the seemingly unrelated geopolitical panic boilling over among the rich and well connected specifically. Look at the people who have been victimized by this behavior in the past, finding their courage to speak up. Most of all, look at the data. Keep your head in the math and data. Create mathematical models of your own to represent the forces that YOU KNOW are in play, and come to your own conclusions.

I spent the past 2 days kind of sweating a lot, and freaking out. Am I gonna die? They gonna put a hit out me? Am I in danger?

NO. These are lazy fucking idiots. These guys' wives boyfreinds don't even wash their own fucking car.

You don't have anything to fear. Their crimes are in the open, in daylight, with data. They committed them so nakedly, so lazily, so sloppily.... The data PROVING this has been in the open for what, like weeks? months? Think of the MILLION other securities they could have done this to instead of pushing that gamestop threshhold over 100%. These are just LAZY ENTITLED FUCKING CUNTS. They are willing to risk SYSTEMIC FINANCIAL SYSTEM COLLAPSE because they got too lazy to fucking copy paste their strategy on a new thing.

And you know what I am? I am lazy too. And we're all sitting at home, being lazy, and we're gonna take your ILLEGALLY GOTTEN LAZY GAINS and put them to true good use.

Cool, right?

==================================================================================================
REDDITORS YOU MUST REALIZE, THAT THIS ALL CHANGED THURSDAY. A DYING RAT DOES NOT LAY DOWN TO DIE, AND THE DEATHBLOW WAS NOT DEALT THURSDAY.
==================================================================================================

They are now actively ponzi scheming. You can again, see it in the trends. Its hydraulic flow of capital, across securities, to protect their one, poisoned, fake stance. This is MASSIVELY ILLEGAL to cover with borrowed. I didnt know what the fuck a ponzi scheme even WAS until I started trying to find a way to explain my stupid fucking waterfall analogy.

Do you know why % held by institutions was above 100% for way too fucking explainably long? Those were the fake shares that citadel and melvin colluded to make. Melvin as a short seller, wouldnt look suspicious if the "institutional % held" by them was high.

Do you know why % of float went down, that wierd S3 data anomaly? They started selling. Their. Fake. Shares.

Do you know why we see lots of fail to delivers occurring? Those are those fake shares showing up in the drains.

It's been a ponzi scheme all along. Just, it was being held WITHIN the single GME security. But, on thursday, they got caught. The financial world was either sleeping on it, or in on it, and wasnt prepared for them to get caught. Either way really doesn't matter right now, as the result was: RAISE THE MARGINS. LET THEM DIE. ...... oh also we mightve just fucked a bunch of smaller brokers.... like, a lot of them, by essentially making them have to have 10x more operating capital than they do..... well.... whatever, everyone sees the writing on the wall. If they believe, they'll raise some more capital. Please correlate this with the actual facts surrounding robinhood, 212, etc halt of trading. They DID fuck up too with their reaction, I am not excusing them. But look at the actual events.

So they were caught. Nothing to do now, but to sell their fake shares. They've been doubling down on shorts this whole time since probably $20, all the while leaking faked shares into the pool. We all hold fake shares. There's no way of knowing anymore. The well is poisoned.

We need to force a shareholder vote now, to get a tally. We need to force the SEC to do their goddamn jobs and fast, go freeze these criminals assets COMPLETELY, NOT THE GME SECURITY ALONE, because they are GETTING AWAY WITH IT via a naked ponzi scheme.

The bomb is no longer contained within GME. They detonated their bomb on thursday, when they got CAUGHT, and decided that its jail no matter what, so they clicked the algorithm named "PONZI SCHEME" and fucking started making calls to drum up disinfo. Do you understand the criminal motive, of a 100% defeated foe (fake shares revealed), to do another criminal self preserving move (ponzi)?

Up until Thursday they were using legal mechanisms to push back from being found out. When they got caught, they switched to illegal ponzi mechanisms. I'm a fucking ape and I can understand this criminal motive.
When the ponzi algorithm runs out, you are left with a stock GME that has a market cap representing $0 of melvins dollars, and a market cap of whatever other securities they are funneling their money into, representing $all of melvins dollars. Do you notice how, if melvin also held some sort of position in those other companies, melvin still has his dollars? And do you notice how there are exactly $0 of melvins money to squeeze out of GME when the correction actually occurs? P O N Z I
THEY WILL WIN, unless the REGULATORS COME AND DO THEIR GODDAMN JOB. And remember, the villians here have already released the poison into the well. It's gonna be very very very VERY hard to unpoison this shit. Do the regulators just say that, hey, that amount of lead in your drinking water is fine now?

Let's see whose side they are really on.

I've forwarded it to a diverse range of tiplines and media outlets. I am not enough. One retards voice will never be heard. Apes strong together. APES STRONG TOGETHER.

Only the light of day will reveal all these SQUIRMING, MISINFORMING, MONSTERS hiding in our system. The data is there. Only those who DO NOT WANT TO SEE IT, are not seeing it. They are the paper handed bitches, who are barking as loud as they can BECAUSE THEIR JAW IS MADE OF STYROFOAM AND FAKE SHARES.

You and I are all 2am_spaghetti, because 2am_spaghetti is just some fucking nerd who knows how to game systems (IN VIDEO GAMES) and can see some fucking patterns in this system. These monsters are game theorying real life, and they just lost. But rather than pay the cost, they are literally trying to hit reset by doing a manuever that has historically nuked the entire system, counting that the lay person doesn't know enough. Because it worked in '08. And who knows how many other times.
Make your own judgement, apes.





Original post below.

please help me, I'm resorting to just sending people reddit DMs, I am 110% certain of this, you can call me the time traveler
Their stoploss algorithm is modeled after HYDRAULICS across their whole portfolio. The squeeze has a pressure relief valve, and this is it.
https://imgur.com/MHmpwVe Edit: maybe a better explanation? :: https://imgur.com/gallery/5t9QgEc
Imagine using your car jack while the handle is twisted open. No pressure, fluid is just movin around. Even in this state, sometimes if you pump it fast enough you can see little jumps of life. The real solution though, is to Tighten it up, now we have a pressurized system.
Visualize their algorithm as a cascading waterfall, pouring portfolio-wide capital to the very bottom until there is literally nothing left and in which case it EXPLODES. We hit that thursday with those reports of 5k bids being filled right before everything shut down. But in this waterfall, the only stock they HAVE to defend is GME. They already are out of water, but theyve erected an insanely big waterfall that hides where they are out of water up top, and fills it in by the time its time to fulfill at the bottom buy. The hole has ALWAYS been there the moment they overshorted, and it remains. Its why they didnt bail at 20, or 80, or 115. THEY CAN'T AS LONG AS THOSE NAKED SHORT VOLUME > FLOAT. This was the math all along.
This also explains the Fail to delivers on GME, the clearinghouses are finding the fake shares in the drains while Melvin tries to chlorine this pool.
TLDR: The mathematical strategy of the situation is to reduce the blue area's leverage (multiplicative), and grow the maximum red force (additive).

We have to reduce blue to win, or come up with an incredible amount of red, quickly. If we don't, all of yellows dollars will flow to the other meme stocks / negatively correlated stocks and THERE WILL BE LESS TENDIES == LESS TOP END OF SQUEEZE. IN FACT, GME TENDIES ARE BASICALLY BEING GIVEN TO THE OTHER STOCKS, IN AN EFFORT TO MAKE COSTS LOW, SO THE COST OF COVERING THOSE FAIL TO DELIVERS IS MANAGEABLE.
Melvin (or to be fair, whoever originally authored and held the naked short shares) is using TIME as their ally - THE FAIL TO DELIVERS == THE AMOUNT OF NAKED SHORT STOCK, and IF THEY RUN OUT THE CLOCK, ALL OF THEIR FAKE STOCK GETS CAUGHT IN THE DRAINS AND IS PAID FOR BY WHOEVER PAYS FOR THAT SHIT AND THEY DO NOT GO TO JAIL
This theory connects the dots.
Please if you have an in with wsb mods etc, forward them this to read. Ive been trying via modmail, posts, everything. Anyone with a platform needs to know this. Since all the memes are booming like an ETF, the profits on the others are being just siphoned into GME which holds their ultimate loss - the naked shorts that we KNOW they have on GME.
EDIT2: omg melvin is so sinister. They knew redditors would bandwagon. They are using our own UNFOCUSED HYPE against us to prop up GME. PLEASE HELP ME BE A MEGAPHONE, WE HAVE TO GET THE WORD OUT.
EDIT: 💎💎🙌🏼🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
submitted by 2am_spaghetti to GME [link] [comments]

If you want to know when to sell, read this.

WHY WE HOLD?

First, let’s talk about fish. What do they do before they die? They jump around; they try to escape; they make noises. If your hands are weak, you let the fish escape. Now you cannot feed your family because your hands are just made of paper.
I know you are scared, me too. Especially when we thought we lost our guidance today after trading hours and we saw the price dropped without an ability to do anything. For me, I’ve just bought some more at $350 for 16k and I was scared shitless. I’m not gonna lie.
But, you should know that THEY ARE SCARED too, even more than us. You see, Melvin is nothing but just a big fish to us. This fucking shark I gotta bring it down not only to feed my family but also yours. But before we defeat them, they will use every dirty trick to fuck us over to win back this game. You will get hurt if your hands are not made of diamond. So HOLD IT tight, like you hold your wife’s boyfriend’s dong.

WHEN TO SELL?

When you see the price goes up 5 times, 10 times, 50 times, or even more from one day to a week. That is when the short-queeze happens. That is when you sell. If your hands are made of paper, sell your position when it’s 5x. If your hands are made of wood, sell it at 10x. And so on so forth.
DO NOT SELL IT WHEN THE SQUEEZE DOESN’T HAPPEN YET. I repeat, DO NOT SELL IT WHEN THE SQUEEZE DOESN’T HAPPEN YET. This is a phenomenon that happens only ONCE in your life. You don’t want to miss it.
TL;DR: Only sell when you see the price spikes up 5x, 10x, 100x from one day to a week. This is the way.
Here are my rockets quotas: 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀
Positions: 158 shares on RH + 98 on Schwab: https://i.ibb.co/VqjBszT/8-EF6345-E-126-D-441-C-9-B90-4669-E7355-E43.png LET'S FUCKING DO THIS.
I post it again because automod deleted it, this is the 4th time.
Edit: Robinhood is blocking us from trading. You know what this means: THE SHARK'S DAYS ARE NUMBERED!
submitted by i-ask-inappr-questns to wallstreetbets [link] [comments]

Post AEW Dynamite 2/3/21: Beach Break Discussion

It's Wednesday Night. You Know What That Means. ​🖐👁💜
Match Winner Post Match Brawl?
Tag Team Battle Royale MJF/Jericho No
Britt Baker Vs. Thunder Rosa Britt Baker No
Hangman Adam Page / Matt Hardy Vs. Chaos Project Page/Hardy No
Lance Archer Vs. Eddie Kingston II: Lumberjack Match Lance Archer No
Pac / Fenix / Mox Vs. Omega / Gallows / Anderson Omega / Gallows / Anderson Yes
Future Announced Matches
2/10/21
3/3/21
Sometime In February
Revolution
Outside of Dynamite
  • On Dark
    • Unrelated specifically to Dark, but Brian Cage tweeted to Taz asking him what he got him for his birthday, and Taz responded by saying "Don't you remember that damn ECW belt I gave you last summer? Fuck off and stop tweeting me, I don't LIKE you anymore, I HAVE WILL HOBBS NOW.
    • Chaos Project lost so skip Dark this week. But still, obviously, throw 'em up. 👉🤪👉🤪👉🤪👉🤪👉🤪👉🤪👉🤪👉🤪
    • Ricky Starks is on The Waiting Room, which is, thank God, back on Dark . I guess the thing with Sting being on the show has just been forgotten. Ricky compliments Britts' drip, she asks him whats up. He does a promo for the Street Fight at Revolution. Britt says AEW lacked star power before Ricky-- Ricky says the future is much clearer now that he's staring at her. Ricky compliments Britts attire again and she strips off the lab coat. Tony Schiavone interrupts and makes her put her lab coat back on. Tony says the segment is over and tries to separate the burgeoning...uh..."romantic" tension between Britt and Ricky, who in one segment have had more development, chemistry, and dialogue than Kipp and Penelope have had during this entire never-ending wedding angle.
    • The Acclaimed released another music video promo/diss track called "Throw 'Em Out" which you can see here.
  • On IMPACT this Tuesday:
At Dynamite
  • Tony Schiavone is in the ring. He brings out Darby and Sting. Tony wants to talk about the street fight-- but next week Darby is defending the TNT belt against Joey. Taz cuts in on a video. He says they're not allowed in the building because of the merch booth incident. Taz says they'll be there watching very closely. Ricky says if he was allowed in the building he would look Sting in the eye and tell him he's not what he used to be. Sting is gonna get hurt doing this. To Darby, he says good luck. You'll need it. Sting responds. Okay Team Taz, you say you'll be here next week for the title match? I'll be here too making sure it's 1v1. To Ricky, he says, maybe you need to look closer. He drops the mic and he and Darby head out of the ring.
  • Tony is with Adam and Matt after the show last week. Matt is in Adams dressing room. Matt says he's a good person and Adam is his friend, they've known each other for a long time. Adam says, no dude, I'm in here to dress. I'm not signing a contract, we're not teaming, that's it. Matt says it sucks when Chaos project ruined -1's birthday... what if we teamed up one time just to kick their asses? Maybe it would make things between you and Dark Order better? Adam Page agrees.
  • Marvez is with MJF/Jericho who are now num. 1 contenders. MJF pushes Marvez back and they enter the Inner Circle room where everyone is pissed. Jericho says I thought we were all in this together, you guys losing is collateral damage. Sammy says everyone else is ALWAYS collateral damage and bails. Jericho leaves and MJF says it's time for us to talk to the remaining members. Wardlow kicks out the cameraman and the segment ends.
  • Tony is with Kip Miro and.... "Charles". Kip says Tony is so lucky to be here. Miro says everyone here is married except Chuck whose never had a girlfriend. Vickie gets Kip and the wedding is on. The officiate is James Mitchell. JR says everyone should have AT LEAST one great marriage. Penelope is walked in by Jerry Lynn. Mitchell leads the ceremony. Kip says from the moment he first saw her wearing her one piece with knee high boots and his eyes meeting her chest, it was meant to be. He says she's beautiful on the inside and hot on the out. Penelope says she loves Kip so much, and and he has the biggest-- and then Kip interrupts. Very bold move by the groom. Chuck gives them the rings. As Mitchell begins the "If there's anyone with any objections" section, Miro interrupts and says fuck off skip it, this is a wrestling wedding. Miro leads us in a toast. We hear that the alleged bachelor party was a rager TOO BAD WE DIDN'T SEE IT. Miro says he had a couple weddings a few months ago. But it's all about love. He may have fucked up the bachelor party, the present-- but really HE'S Kips present. Speaking of gifts, what's that over there he says pointing to a suspiciously large box. Miro says he's been at many weddings, he knows better. He tackles the box expecting an intruder to be within, but it's empty. The crowd begins chanting "What is love" by Haddaway and Miro joins in. Oh no! Miro finds himself shackled to the bottom rope, Penelope goes into the cake, Kip accidentally hits Miro then Kip and Penelope jump Chuck. OC emerges from the cake table and Miro is stuck being cuffed to the ropes so he's unable to stop the onslaught that comes. They knock out Kip and that's that! The wedding is ruined despite all of Miros' best efforts. Penelope is very sad and Kip is very dead. The feud goes on :(
  • We're with Shaq on Inside the NBA. Shaq says he's gonna wrestle Cody and beat him like he beat Charles Barkley. Shaq trash talks a little. Shaq says his special move is the Black Tornado. That's what he's gonna do to Cupcake Cody. March 3rd.
  • We get a video from FTR who was banned tonight due to their bullshit last week. FTR is pissed that Jurassic Express went and whined and got them banned. Tully is sick of it. All he wants is a SINGLE championship match. We're not bad men, the one with hair says, but sometimes we think... what would bad men do? And we see Marko chained up to chair.
  • Joey is here, he says me and you Darby, we have a long history of mangling our bodies and each other. But next week, the stakes have never been higher!! Guess what, he says, Joey is back! And the TNT Champion is gonna be a bad bad boy.
  • Lance Archer comes out after the match to end the streak of no post match brawls we had all night. It was so close. Mox comes to Kenny BUT THEN KENTA ARRIVES AND DROPS A GO TO SLEEP ON MOX. Kenny and Kenta share a glance as Kenny strands triumphant over Mox. Don Callis, who is on commentary, says "Isn't it funny how these things always happen when I'm here? He laughs. The show ends.

For Fucks Sake Someone Too Sweet Me

Post-Show Poll Results
  • 1/20 Results
    • Overall Rating: 2.95
    • Best Match: Adam Page & Dark Order Vs. TH2 & Chaos Project (38.1%)
    • Worst Match: Cody Vs. PPA (39.5%)
    • Wrestler of the Week: 1st: Adam Page (28.5%), 2nd: Sammy Guevara (20.6%) 3rd: Jon Moxley (5.9%)
    • Full results here
  • 1/27 Results
    • Overall Rating: 4.07
    • Best Match: Jungle Boy Vs. Dax Harwood (72.3%)
    • Worst Match: Britt Baker Vs. Shanna (33.2%)
    • Wrestler of the Week: 1st: Jungle Boy (57.9%) 2nd: John Silver (12.3%) 3rd: Dax Harwood (8.1%)
    • Full results here
  • The Adam Page Vs. Ziggler from Wish match was winning throughout the night for worst of 1/27, but Shanna and the good doctor swooped in to save the cowboy by the morning of the 28th.
  • Jungle Boy won WOTW more decisively than anyone else so far.
See the full archive of post-show polls here
Hacksaw Jim Duggan Buries All Elite Wrestling
With a wrestling career that's lasted more than 40 years, Jim Duggan's power level is beyond comprehension. If he hasn't beaten an AEW wrestler directly, he's beaten them through a few degrees of separation.
Could Hacksaw Jim Duggan defeat Orange Cassidy?
  • 8/24/18 - Jim Duggan & Keith Youngblood defeat Anthony Battle & Brian Anthony
  • 9/14/18 - Anthony Battle & Brian Anthony defeat David Arquette & Hurricane Helms
  • 1/6/19 - David Arquette defeats Colt Cabana
  • 6/11/17 - Colt Cabana defeats Orange Cassidy
Yes, Hacksaw Jim Duggan could easily defeat Orange Cassidy, and WCW World Heavyweight Champion David Arquette (This is a cheap ploy to get you to watch "You Cannot Kill David Arquette" because it's fucking great)
Hacksaw has previously defeated:
Kenny Omega, Colt Cabana, Hikaru Shida, Kris Statlander, Eddie Kingston, Chris Jericho, Darby Allin, John Silver, Evil Uno, Hangman Adam Page, Private Party, Alex Reynolds, Matt Hardy, Jon Moxley, the Young Bucks, and Sting
And has lost to only one man:
The Exalted One, Mr. Brodie Lee
Outside Links
Being The Elite on Youtube
AEW Dark & More on Youtube
Visit /AEWOfficial - The Most "Official" Unofficial Subreddit for All Elite Wrestling fans.
Visit AllEliteWrestling.com for news, tickets, merch, and other info.
Watch Impact Wrestling On Twitch
submitted by SmurfyX to SquaredCircle [link] [comments]

The case for Nano - a crypto YOLO with more upside than GME, NOK and AMC combined

EDIT: NANO ATMS COMING, $100bln+ MONTHLY FX PARTY COMING IN, + PRIVATE EQUITY
Hear me out here. I think Nano is going to make us all rich. It's what's gonna get us all a Tesla, plus a second Tesla to launch to Jupiter and beyond 🚀🚀🚀🚀🚀🚀 Altstreetbets, the crypto buddy of this holy sub, is already dtf with this.
# 1. What the f is Nano and why are you shilling this
To keep it short for us retards: Nano is a cryptocurrency that boasts zero fees, instant transfers (sub-second), is green, and increases the size of your pp. It has a good claim to being better than Bitcoin but has 1/1500th its market cap. Daddy Elon tweeted about whatever has least error & latency will win - that shit is literally what Nano is.
# 2. We're in this together
Apes together strong, right? Nano has a huge community, so big that most of the crypto subreddits aren't sure how to deal with the constant Nano enthusiasm. Not kidding, the banned Nanites could fill a subreddit by themselves. They're tireless on Reddit, Twitter, or anywhere else you dare utter that you pay fees for any crypto or money transfer. These are people that held through a 90% loss, then didn't sell when Nano suddenly pumped 400%. Diamond hands doesn't even begin to describe it. When the price pumped even slightly, they all jumped on it to pronounce Nano the best thing since before sliced bread, and went to town on Twitter and Reddit.
My point? AMPLIFICATION. As soon as Nano starts getting some price action, the Nanites will jump on it, will keep going, and they ARE. NOT. LEAVING.
# 3. Rumours of Nano being suppressed
The rumour that Nano is being suppressed by crypto miners and Bitcoin maximalists has been around for a very long time, and it makes sense. Nano works ridiculously well, and is there to eat the cake of all the miners who are raking in millions a day. BTC maxis and miners hate the word Nano, and have a strong incentive to literally pay to have it disappear from the face of the earth. Bitcoin influencers on Twitter have muted the word Nano because they know their thesis is fucked when it gets mentioned.
My point? F EM. Bitcoin is king, Bitcoin was literally birthed by the virgin Mary, and everything else is a 💩coin that doesn't deserve to pump. F THAT. And F maximalism in general. We're here to make money, and Bitcoin doesn't offer enough gains.
# 4. Solid pumpamentals
Aside from the strong community and the ridiculously good tech, it also has the other pumpamentals needed. It just got listed on AnchorUSD meaning it's now easy to buy in the US, and was recently added to KuCoin for 10x leveraged trading. Volume actively on the books on exchanges is low, right now it would take only $600k to pump it 30% on Binance pair. What else does it have as pumpamentals? The Nano team recently applied for the Coinbase listing and Coinbase just so happens to have removed pruning as a prerequisite from their website. Coincidence? Maybe, but when asked earlier Nano's lack of pruning was mentioned as the obstacle for a Coinbase listing. COINS GETTING LISTED ON COINBASE ALWAYS PUMP BECAUSE COINBASE HAPPENS TO BUY A BUNCH OF WHATEVER THEY'RE LISTING BEFORE THEY LIST IT.
Plus, it seems like we would have Raoul Pal from Real Vision Group in our camp. When he recently asked for altcoin recommendations the Nano Twitter shills did their job as usual, he replied to them it was a good thread. Coincidentally there was a huge (for Nano) buy order right around that time.
More pumpamentals? The Nano tagline writes itself. It transfers in the blink of an eye, it has no fees, it's greener than the big dildo that's currently fucking Melvin Capital, has the best wallet in all of crypto and can be demonstrated to anyone within a minute. It's the ultimate antidote to the high fees narrative of Bitcorn, and shames institutions for holding a CO2 emitting coal guzzler on their balance sheets through Bitcorn. As soon as the price starts going up, this thing sells itself. Hell, institutions can even buy it since recently through Bitcoin Suisse, where Nano was added because of demand. And keep in mind - this has a market cap of $450 million. Throwing $100 at Nano does more than throwing $1000 at AMC.
My point? Well, exactly the title. SOLID PUMPAMENTALS. Seriously this thing is so ready to be hyped.
# 5. The plan
Am I saying to leverage this x100 to pump it into the skies? Maybe, but also no. I am saying that whatever you do, Nano is going to pump anyway because if us retards can figure it out, others can too. This shit can be 10x leveraged on KuCoin without even needing to do KYC. I'm doing that right now, and am expecting you all to do the same. At a 3000% gain ($100) we can call this a success, if it gets to $250 I'll buy the top comment on this post a Tesla because fuck it, I'll be rich.
My credentials? My post karma when I posted this on another sub was 420. Due to the mass upvotes my total karma has now increased to 1337. I'm counting on this post shooting me to 42069. Need I say more?
Positivity, not disagreeing with anything I've said and more examples of solid pumpamentals (also places to leverage it more than 10x) are welcome in the comments ⬇
PROOF OR BAN https://i.imgur.com/9eHQw6K.png
Edit: how to buy this shit? Binance (5x leverage), Kucoin (10x leverage, can send crypto from other exchanges there and 10x leverage without KYC), or Kraken. If you got other crypto already, there's changenow. For Europe, Bitvavo is best.
Edit: Seems this shit is working, I'm currently up 80%. Don't worry, I'm not selling until this shit hits at least $250 so I can buy the top comment his Tesla.
submitted by Tomorroed to Wallstreetbetsnew [link] [comments]

"Gaming" Chair Giveaway with Cooler Master and Buildapc!

WINNER HAS BEEN CHOSEN AS OF 6pm PST

Grats to u/durfynoob

Hey there champions, it's Cooler Master Beardman (again)
So I'll keep it short for everyone. Recently we held a contest to design a Caliber R2. The winner took some inspiration from a piece of art from the past. With that we'd like to give one away to someone! If you'd like a chance to win this chair, all you need to do is leave a comment below on what part of a chair (gaming or otherwise) is a requirement. It can be a neck pillow, wide seat, adjustability, you name it. Doesn't require much at all for a chance to win, hopefully.

Prize

The Kanagawa Caliber R2

How to enter!

Simply tell us what is important in your chair, or maybe even something companies should start improving on.

Boring, but necessary giveaway info.

Extra info.

Thank you once again buildapc for allowing us to host on your platform. We always appreciate it.
Buildapc Discord
Cooler Master
Cooler Master Discord
submitted by CM-Myke to buildapc [link] [comments]

This Week At Bungie 1/21/2021

Source: https://www.bungie.net/en/News/Article/50019
This week at Bungie, Hawkmoon is back on the menu.
The new Harbinger activity went live this week to accompany the Hawkmoon Exotic quest... like a proverbial peanut butter and jelly. You can now finish this new activity to earn your catalyst to add some extra spice to Hawkmoon. The new activity also lets you earn random rolls so you can start hunting for the perfect one to fit your style. Play the tape!
Video Link
Completing the Hawkmoon catalyst from the Harbinger activity will not only bring your winged weapon to its full potential but also unlock the Bungie Rewards long-sleeve shirt for purchase. This Hawkmoon inspired shirt is the latest Seasonal offering available on your Bungie Rewards page.

Sticking Around

As we have mentioned in the past, we are moving to make Seasonal content stick around longer to reduce the amount of FOMO, otherwise known as “fear of missing out,” in Destiny 2. Our goal is to help players experience narrative beats and activities even if they start playing later after the Season has ended.
Here’s a look at what’s sticking around from Season of the Hunt until the end of Year 4.
  • Story missions will be able to be launched from a node in the Director.
  • Wrathborn Hunts
  • Adored quest will continue to be available.
  • Crow’s vender screen on Tangled Shore.
  • Hawkmoon Exotic quest and Master activity.
  • Seasonal Seal and Warden Title.
    • Seasonal Seal must still be earned by the deadline on the Bungie Rewards page. Due to an issue blocking the Triumph we will be adjusting this deadline.
Here are a few things that will no longer be available at the end of the Season:
  • Crow’s Bounties
  • Messages from the Field
  • Seasonal Artifact
  • Season Pass
Shifting to keep more of this content around after the Season ended has created some weirdness for Season of the Hunt, which was initially designed assuming the old model. This is why Crow was still hanging around in Spider’s lair right after being unceremoniously kicked out earlier in the Season. You may see other anomalies involving Crow in Season 13 as he'll be moving to a new destination while also remaining on the Tangled Shore to enable Season of the Hunt content tied to his inventory.
Season 13 should avoid these rough edges as its content has been designed from the outset to remain throughout Year 4.

Umbral Engrams Are Back! (They’re pretty insane)

Back in 2020, Season of Arrivals introduced a new feature called Umbral Engrams which allowed Guardians to Focus rewards to the type of weapons and armor rolls they most desired. The system was well-received by the community so we decided to do a little tuning and bring them back for Season 13 as well as future seasons in Year 4.
While the new Seasonal activity will always provide the fastest path to earning new rewards. We want to ensure that regardless of how you spend your time in Destiny, Umbral Engrams allow you to chase new rewards.
Similar to Season of Arrivals, Umbral Engrams will drop from completing a variety of content. We have pared back the number of activities they will drop from so you can focus on the following activities if you are looking to farm some Umbral Engrams:
  • Patrols
  • Strikes
  • Crucible
  • Gambit
  • The Ordeal
  • Public Events
  • Blind Well
  • Nightmare Hunts
  • Exo Challenges
  • Empire Hunts
  • New Seasonal Activity
Note: Umbral Engrams also have a chance to drop from defeating enemies anywhere in the game, so even if you're not grinding this list of activities and playlists, you’ll still be earning some Umbral Engrams.
You may notice fewer umbral engrams sitting in your inventory than before. While it was fun to watch umbral engrams rain down on players in season 11, the drop rates were higher than expected and so we are rebalancing the drop rate.
There will be a short quest to show players how to use the new Prismatic Recaster (read more about this below) to Focus Umbral Engrams. This quest is account-wide so you only have to do it once.

Prismatic Recaster

The Prismatic Recaster returns as a kiosk with the capability to change Umbral Engrams into Focused Umbral Engrams, which contain a smaller loot-table. Because Umbral Engrams are here to stay, the new Recaster will have different pages for each Season, and you will be able to Focus engrams to the Season of your choice.
Image Linkimgur
Once you have used the Prismatic Recaster to Focus your Engram, you will still need to take it to the Umbral Decoder to claim your new reward!
Note: Season of the Hunt’s Wrathborn rewards will not be featured on the Prismatic Recaster in Season 13, because players can still use the Wrathborn Lure to chase specific weapons and rolls.

Prismatic Lens

We have a new way to unlock different Focusing options for your Umbral Engrams through a new reward called Prismatic Lenses.
A Prismatic Lens will unlock a new Focusing option so you can:
  • Target a narrower collection of gear.
  • Target specific armor stats.
You will be able to earn Prismatic Lenses by doing various activities in the game and you can track your progress towards unlocking lenses at the Prismatic Recaster. We don’t want to spoil everything though - so we’ll let you discover how to start earning these in Season 13.

Titles - A Gilded Age

One of the most satisfying feelings in Destiny is watching your list of completed Triumphs fill up to unlock new Seals and Titles. We have some plans to further improve this feature and give you yet another way to flex on other Guardians in the Tower. Here is the Triumphs Design Team with the details.
Triumphs Design Team: Hey everyone, welcome to a new year!
We wanted to share a change coming to Seals and Titles in Season 13. As I'm sure you've noticed, we've been shipping a Flawless and Conqueror Title each of the last three Seasons. We liked the idea of reengaging with Titles Season over Season, but we don't like the challenge and time commitment of doing the entire thing every Season. So, it's time to make a change!
As always, we start with the goals:
  • Allow players to show off their engagement with the core rituals season over Season.
  • Preserve the value of earning the base Title.
  • Decrease the amount of grind required Season over Season for players that want to earn them all.
Starting with season 13, if a player has completed the Seal for one of our core ritual Titles (Unbroken, Dredgen, Flawless, Conqueror), players will have a series of additional Seasonal objectives to gild that Title.
But wait, what does gilded mean?
  • A series of Seasonal objectives to gild a core ritual Title.
  • A new border around the Seal in the Triumphs UI.
  • A pip tracking how many times in your career that you've gilded a given Title.
  • A new color and symbol for the Title over your head. So that you can show off, of course.
Image Linkimgur
What do I have to do to gild a Title?
Once you finish the base Seal and claim your hard-earned Title, a list of optional Seasonal objectives will be revealed. By completing these Seasonal objectives you'll earn your gild for the Season.
Image Linkimgur
What happens when the Season is over?
Each Season, the optional gilding objectives will reset and may even change to fit the unique experiences of any given Season. All of the base objectives of the Title will be preserved, and your Title will revert to its typical purple coloring.
Which Titles will be affected?
The four core rituals of Trials, The Ordeal, Crucible, and Gambit.
  • Flawless
  • Conqueror
  • Unbroken
  • Dredgen
Feedback please!
These changes are a result of the constructive feedback we get from all flavors of players in the Destiny community. Thank you, thank you, thank you. Keep that feedback coming and happy Triumph hunting.
Guardian Giveaways
Image Linkimgur
This week, the Bungie Store is celebrating Guardians everywhere with the third annual Guardian Giveaways contest featuring curated collections of Destiny gear, including prizes like the sold-out Beyond Light Collector’s Editions signed by the Bungie team. For a limited time, a variety of discounted merchandise bundles and a free gift with purchase are available on bungiestore.com and eu.bungiestore.com.
To enter, follow @BungieStore on Twitter, retweet the current giveaway post and add #GuardianGiveaways. The contest ends January 30, 2021 at 8:59 AM PST. Entries from EU, UK, USA, & CN only (see rules for excluded provinces and states). 18+ to enter. Please see the Official Rules for more information.

Knowing is Half the Battle

Image Linkimgur
Now we throw it over to our esteemed Player Support team with updates on known issues and important topics.
This is their report.

LEAVING SOON

We are currently investigating issues surrounding the completion of certain Triumphs related to the Warden Title, and will adjust the code claim and Seal pin purchase deadlines accordingly.
We are currently investigating issues surrounding the completion of certain Triumphs related to of the Warden Title, and will adjust the code claim and Seal pin purchase deadlines accordingly. Stay tuned for more info.

DUST AND ECHOES

Almost nine years ago, stats and files from our previous franchise, Halo, stopped getting updated on Bungie.net. Since then, all stats, files, and other data from Halo 2, Halo 3, Halo 3: ODST, and Halo: Reach have lived on in remembrance at halo.bungie.net.
On February 9, the halo.bungie.net website will be taken offline permanently. Everyone is welcome to save their stats and files, however they can, if they'd like to save anything. Please keep in mind that our News articles, Forums, and Groups were imported into the current version of Bungie.net back in 2013.
Additionally, personal custom Halo avatars that are currently used on Bungie.net will be removed on February 9 due to its functionality living on halo.bungie.net. We are exploring options to bring those back in some capacity, but we recommend saving them to your computer in the meantime.

KNOWN ISSUES

While we continue investigating various known issues, here is a list of the latest issues that were reported to us in our #Help Forum:
  • We're investigating an issue with Sony where Playstation users can't send invites through the Companion App or Bungie.net.
  • The Lightseeker Triumph isn't unlocking after claiming all five feathers from the Harbinger mission.
  • The Birds of a Feather Triumph is not unlocking when players complete the Harbinger activity when all players have Hawkmoon equipped.
  • VO lines are not playing during the Harbinger activity.
  • The black Blight orbs left behind by the High Celebrant won't open portals if shot by Sidearms.
  • The High Celebrant will always show "Immune" damage, even with the Wrathborn buff active. The High Celebrant will still take the proper damage if the buff is active. This will be resolved in a future update.
  • The Augment lockout timer occasionally resets during the final encounter against Taniks.
  • Sometimes the wrong tether box gets tethered during the final encounter of the Garden of Salvation raid.
  • The plates in the puzzle room during the Shuro Chi encounter in the Last Wish raid sometimes won't work if a Titan Ward of Dawn or Warlock Well of Radiance touch them.

For a full list of emergent issues in Destiny 2, players can review our Known Issues article. Players who observe other issues should report them to our #Help forum.

Shhhh

Image Linkimgur
It’s still early into 2021 but we are already seeing some great new Movie of the Week entries. Here are a couple of our favorites for your viewing pleasure.
Movie of the Week: Salvation Suite
Video Link
Movie of the Week: Thunder
Video Link
The creators of these fine films will be rewarded with a spiffy new MOTW emblem we added this Season. If you are one of the winners, congratulations! Please make sure you post a link to your Bungie.net profile in the description of the video. Want your shot to win? Submit your video to the Creations page or share it on YouTube or Twitter – honestly, anywhere we might find it works for us.

Creatives

Image Linkimgur
I am a very poor artist and have never been able to draw very well. This makes the beautiful community-created art that fills up my timelines even more impressive to me. It’s truly amazing seeing what you all come up with using the world we built. Here are a few amazing pieces from this week.
Art of the Week: The Wrath of Banshee
The Wrath of the Banshee - Destiny 2 Fanart
"...his Sword wailing like a Banshee, carrying the weight of thousands of lost souls."
— Gabriel Flauzino (@attacus_x) January 19, 2021
Art of the Week: Letter 8
"Papa started crying then. I got back into bed and piled all my penguins on my head to block it out. It didn't really work because then I started crying, too."https://t.co/fYxTxmBOlG#destiny2 #beyondlight #destinyart pic.twitter.com/lFau0kMyPe
— 𝐯𝐚𝐥𝐤𝐲𝐫𝐢𝐞 (@LaurinofEarth) January 19, 2021
If you won, make sure you post a link to your Bungie.net profile as a comment under your winning art post so we know that you are you.
We know there are a lot of community conversations happening around the current state of the game. I don’t want to lean too far into the “We’re listening” meme but it’s 100% true that we take community feedback to heart and are absolutely considering community concerns and suggestions as we continue to evolve our plans for 2021 and beyond. Earlier this week, Assistant Game Director Joe Blackburn put out a Tweet mentioning this and that we will give an update to the community with a deeper dive into the state of Destiny.
Last year, I said Destiny's Best Days are ahead. Seeing what's coming, I believe this more than ever. But we have work to do to get there. 2021 is going to be a little different for Destiny. Taking some time to validate our plans, but expect a state of Destiny 2021 next season.
— Joe Blackburn (@joegoroth) January 19, 2021
We love Destiny 2 and love having the privilege to work on it. We’re excited about some of the changes we have next Season and will have some more to lay out over the next few weeks as well. Thanks for playing.
<3 Cozmo
submitted by DTG_Bot to DestinyTheGame [link] [comments]

Post AEW Dynamite 1/27/21

It's Wednesday Night. You Know What That Means. ​🖐👁💜
Match Winner Post Match Brawl?
Eddie Kingston Vs. Lance Archer Eddie Kingston Yes
Jericho/MJF Vs. Hollywood Blondes Jericho/MJF No
Hangman Adam Page Vs. Ryan Nemeth Hangman No
Jungle Boy Vs. Noted Weenie Dax "The Bald One" Harwood Jungle Boy Yes
Britt Baker Vs. Shanna Britt Baker Yes
Young Bucks/Good Brothers VS Dark Order Nu-Bullet Club Yes
Future Announced Matches
Next Week (Beach Break):
No Date Yet But Announced
Revolution
Outside of Dynamite
  • On Dark
    • Proud n Powerful have a brief promo, where they say that for anyone that's been asleep, wake up and smell the coffee, it's their time to eat. We've had fair warning. Seems like maybe they're not done with the dream of being a tag team regardless of last week's match.
    • Lee Johnson, who has lost on Dark to nearly every single one of AEW's unbelievably THICC roster has finally obtained a win by defeating Future AEW World Champion Pretty Peter Avalon in the walkoff competition. Big round of applause for Lord of Dark Lee Johnson for finally finding a way to get that dub.
    • Chaos Project, perhaps recovering from their wounds inflicted upon them for the crime of.... hating children, is not on this weeks Dark, which makes this a Dark worth skipping. THROW EM THE FUCK UP ANYWAY 👉🤪👉🤪👉🤪👉🤪👉🤪👉🤪👉🤪👉🤪
  • On IMPACT this Tuesday:
    • Welcome back to the Impact Zone.
    • Its the Tony's! It's the Tony's. Boy is it ever the Tony's Each week Tony seems more comfortable being a rich, snobby douchebag who is just here to rile up Impact fans. He's really killing it out there being a rich snobby douchebag.
    • Matt is with Private Party backstage in Impact. He says he led them to victory, PP says uh, I think our wrestling is probably more of a contributor. Matt tells them to look forward to No Surrender where they're going to win Impacts titles, but also at the TTBR on Dynamite, they gotta win that too. Matt says he's putting a bounty-- "BONUS" to them if they win. He needs them to win (Because he wants that $$$).
    • Matt Sabin and James Storm are at the IMPACT ZONE Bar and Grille talkin' shit about Hardy Party and the Good Brothers. Sabin says they're not Beer Money, they're not MCMG, but they still got what it takes to beat both of 'em.
    • fellongreydaze, or Fellon "WRONG" Grey "INCORRECT" Daze as we called them back in the navy, bet that Shawn Spears would be the mystery opponent scheduled for tonight's Impact last week-- but they were DEAD WRONG and should be shamed in the comments wherever you see them.
  • The AEW Awards, Exclusively on the B/R Live Telephone Application
    • miber3 wrote up the winners here if you're interested.
At Dynamite
  • Eddie and his Family laid out Jake, then continued to abuse Lance after they cheated to win. No one came out to save Lance or Jake, unfortunately.
  • Moxley is reiterating how he doesn't understand the entanglements occurring in the Elite and Death Triangle, himself and Eddie's family. He says he's a simple guy, he likes his beer cold, his coffee hot, and good sex in the morning. He doesn't overcomplicate things-- but he LOVES a six man tag. Gang warfare! It'll be wild at Beach Break, he says.
  • Darby and Sting are here. Sting says Taz, Brian, Ricky, since we're gonna be in this street sight, and you can't shut the fuck up, we're not cool. ME, A HOODLUM? he asks. Sting says, okay yeah, Darby's a hoodlum. Darby says it doesn't matter if it's clean or dirty in the streets, it's about survival. Darby calls Sting a hoodlum. They break windows together (this isn't a joke) then both agree that yes, actually, okay, they are in fact hoodlums. What a twist.
  • Before their match MJF tells Sammy they need to talk, then insults Griff for awhile, then asks him to simply quit before the match starts. Griff pounds his face and the match gets underway.
  • Pac is back in the den of madness. He tells Kenny he's acting like Billy Big Bollocks and that he owns this business with Callis. He says Kenny's a cheater and a slimeball. Next week, he says, bring everything you want, we're gonna hurt you back. Kenny will pay the consequences.
  • Shaq calls Cody a little punk and says he looks like a little girl in a recorded promo from the awards show. Says he'll fight him any time. But how about specifically, March? We then cut to Tony Schiavone who is in the ring waiting for Cody's new shitty snoop dog theme remix to finish. I think that the people who despise Cody and those who don't think he's the antichrist can probably find common ground here with this theme issue. Arn also is here. Tony asks Cody to respond to both Jade and Shaq. He says he'd rather "just give you the pitch", March 7th, Revolution, Cody/Brandi vs. Jade/Shaq. But, oops, can't, Brandi's pregnant, so... Cody says he's confused and distracted, so maybe Arn can solve this as he does many things. Arn says he chewed Cody's ass out earlier because he deserved it. Arn asks for patience through his promo. He says Cody is about to be a dad, which is gonna be all over his mind. But think about it like this. June 1985. He saw Dusty fight 30 minutes with Tully, fly across country, then see the Cody Fetus being born. Arn says if you choose to fight Shaq at Revolution, you have to do it eyes wide open, no regrets. He says this is a once in a lifetime match. Shaq dominated basketball and proved he was world class. He says Jade dominates every room she's in, he assumes. But Arn sees something. He then invites the actually great Red Velvet out. She comes out looking very strong, and says she has fire. Velvet gets the mix. She says, quite frankly, she's fed up with getting attacked, she's tired of Brandi getting attacked by big mouth coward Jade. She says Cody won't hurt Jade, but she will. She will stir her bitch ass up, she says. JR responds with "She said bitch ass. That means she's serious". Good shit JR. The segment ends.
  • Kip spills some poetry about Penelope. PENELOPE SPEAKS. She says she's excited to marry this handsome man. She invites us to Beach Break for their wedding. Miro jumps in and says Miro and Charles will be there too! What a story Miro.
  • Matt Hardy came out during the Page/Nemeth match. He applauds Hangman after the win, then Hangman invites him over. Tony Schiavone comes over for a chat. He asks what's happening. Matt says he didn't want to make a scene. Matt just wanted Hangman to know he supports him. Matt says he's been concerned, Adam's been lost. He says he know Hangman loved his friends and they all burned him. Matt says Dark Order isn't for you. He wants Adam to know he deserves to be happy. Matt says you should come to my dressing room! Plenty of space!
  • Tully throws powder into Luchasaurus' eyes after the match, then Noted Weenies FTR are able to destroy both Jungle Boy and deliver a spiked piledriver to Luchasaurus from Tully to finish him off. They cuff Luchasaurus to the ropes and they cut off his horns!! ABSOLUTELY UNFORGIVABLE ACT. They go to cut off Jungle Boys' hair, but luckily this is averted by half the locker room.
  • We go to Team Taz. Taz says Ricky and Brian are ready to destroy them-- but then Will and HOOK come up to a merch dealer set up outside the arena and beat them up because they have no Team Taz merch. "First name basis, huh brothers?" Taz asks. Forgotten Son Of Taz Brian Cage rips a tshirt. The segment ends.
  • Britt continues hear beatdown of Shanna after their match only to be interrupted by Thunder Rosa. Rosa runs her out the ring before checking on Shanna.
  • MJF is with Sammy while Sammy is at the Dynamite Bar and Grille. MJF says Wardlow wasn't supposed to get involved in MJF's match and MJF docked his pay. Sammy says MJF doesn't fool him. He might be the only one who sees it, but he does see it. MJF says "You sure you want to play it this way?" Sammy says he isn't playing and MJF retreats.
  • The Bucks are in the TTBR, if they win they get to choose their opponents for the title match.
  • Dasha is with the Bucks and Good Brothers. It's been years since the last time you fought, how's it feel she asks. The Good Brothers say they're gonna crush their match next week. The Bucks say it'll all be fine as long as Callis doesn't get involved. Kenny swings by and says hey, we need to talk. Don comes by with an absurd phantom of the opera mask on because even an unsalted slug is jealous of how slimy he is, and everything breaks into an argument as the Bucks' music plays.
  • Matt says next week the winners get a shot at the belts, and if they win, they get to pick anyone. And it can be anyone. Just then, Fenix runs in, then Mox, and chaos ensues as the show concludes for the week.
Post-Show Poll Results & Surprising Biblical Knowledge
  • 1/13 Results:
    • Overall Rating 3.87
    • Best Match: Allin Vs Cage (61.3%)
    • Worst Match: Taylor Vs. Miro (50.8%)
    • Wrestler of the Week: 1st: Darby Allin (46.2%), 2nd: Brian Cage/Tay Conti (Tie: 12.4%/12.4%)
    • Full results here
  • 1/20 Results
    • Overall Rating 2.95
    • Best Match: Adam Page & Dark Order Vs. TH2 & Chaos Project (38.1%)
    • Worst Match: Cody Vs. PPA (39.5%)
    • Wrestler of the Week: 1st: Adam Page (28.5%), 2nd: Sammy Guevara (20.6%) 3rd: Jon Moxley (5.9%)
    • Full results here
  • Leyla Hirsh was just barely out of WOTW range, only 3 votes from Moxley's position, pretty good showing from someone not even officially signed to the roster. I'd expect that to change before, during, or after the women's eliminator tournament.
    • 28 of you goons rated last weeks show a five out of five. I just wanna know, what do you consider a FOUR? Does someone need to DIE ON AIR?
  • Proverbs 6:16-19 of the Bible states as follows: There are six things that the Lord hates, seven that are an abomination to him: haughty eyes, a lying tongue, and hands that shed innocent blood, a heart that devises wicked plans, feet that make haste to run to evil, a false witness who breathes out lies, and one who sows discord among brothers. However, apocryphal texts found alongside the Dead Sea Scrolls include an additional, recently discovered passage: "Woe be unto that which is most abominable to Him: His most despicable creation and most loathed enemy, Eddie Kingston, whose existence and iniquity has displeased Him greater than that of any other man created in His image. To him The Lord's curses flow freely, and the blood of his hands and the sweat of his brow which pours forth in multitudes of sorrow, He will take His greatest joy.". It's clear now to me, having read and understood these lost words of King Solomon, that Eddie Kingston may be correct about his relationship with God.
Hacksaw Jim Duggan Buries All Elite Wrestling
With a wrestling career that's lasted more than 40 years, Jim Duggan's power level is beyond comprehension. If he hasn't beaten an AEW wrestler directly, he's beaten them through a few degrees of separation.
Could Hacksaw Jim Duggan defeat Sting?
Yes, Hacksaw Jim Duggan could easily defeat Sting.
Hacksaw has previously defeated:
Kenny Omega, Colt Cabana, Hikaru Shida, Kris Statlander, Eddie Kingston, Chris Jericho, Darby Allin, John Silver, Evil Uno, Hangman Adam Page, Private Party, Alex Reynolds, Matt Hardy, Jon Moxley, and the Young Bucks.
And has lost to only one man:
The Exalted One, Mr. Brodie Lee
Outside Links
Being The Elite on Youtube
AEW Dark & More on Youtube
Visit /AEWOfficial - The Most "Official" Unofficial Subreddit for All Elite Wrestling fans.
Visit AllEliteWrestling.com for news, tickets, merch, and other info.
Watch Impact Wrestling On Twitch
submitted by SmurfyX to SquaredCircle [link] [comments]

Ryan Garcia just posted on Instagram saying he's fighting Manny Pacquiao next.

"A dream turned reality ✨👊🏽 It’s an honor to share the Ring with @mannypacquiao I will always respect what you did in and out the ring. Here’s to the best Man Winning 🥊"
The poster
Original instagram post
submitted by Pepper-Jun to Boxing [link] [comments]

Myth knows what's up. Screw all KDA players

To all aspiring valorant players. I don't care if you drop 40 kills alone and have no fucking idea on how to play with ur team. I would rather have a 10 kill Terry that actually wants to fucking win than a ego Earl that thinks he's in elo he'll D2 and acts like he shits flowers.
Myth
https://i.imgur.com/lINiHir.png
submitted by ComeAtMeRightNow to VALORANT [link] [comments]

Post AEW Dynamite 1/20/21

It's Wednesday Night. You Know What That Means. ​🖐👁💜
Match Winner Post Match Brawl?
-1's Birthday Celebration: Adam Page & Dark Order Vs. TH2 & Chaos Project Page/Dark Order Yes
Cody "Cody" Rhodes Vs. Future AEW Champion Pretty Peter Avalon Cody No
Jon Moxley Vs. Nick Comoroto Moxley No
Top Flight & Matt Sydal Vs. Hardy Party Hardy Party Yes
Penelope Ford Vs. Leyla Hirsch Nyla Rose No
Inner Circle Tag Team Challenge (Winner becomes IC's Tag Team) Jericho/MJF No
Future Announced Matches
Next Week:
Beach Break (Feb. 3rd)
No Date Yet But Announced
Outside of Dynamite
  • On IMPACT's Hard To Kill PPV:
    • In the MOTY candidate, Ethan Page Vs. Ethan Page, Ethan Page ripped out Ethan Pages heart so now only Ethan Page remains. . I should note that allegedly Ethan Page tweeted "hahaha that was dog shit" briefly before deleting it, but I myself consider this to be the pinnacle of wrestling as art.
    • PS, have you ever seen a barb wire N64 controller in a hardcore match
    • Don Callis came to Moose, reminded him that he still has Moose signed to Impact for 2 more years. He says man it would suck if you were stuck here for two years and you were the one that cost us this match. Moose says fuck that, bitch. I'm gonna win tonight, then I'm gonna beat Swann, and then I'm coming to AEW and I'm taking Kenny's belt too. Don is pissed but seems incapable of stopping the Moose from doing what the Moose wants to do. Moose fucking rules btw.
    • Omega and the Good Brothers won the match, but only after hitting Rich Swann with about 30 finishers. Here's the end of the match. I really, truly think you owe it to yourself to see this match in its entirety. It's really good. Honestly the whole show top to bottom was just excellent. There were no post-match angles set up, but surely this is not the end. I mean, for example, just looks at this insane shit Moose did. This whole PPV was excellent
  • On Dark
    • Luchasaurus once more stressed in a short promo that there was no such thing as dragons, and for Brandon just to get the hell out there and fight him. If you want to see a Luchasaurus singles match, this is the one for you. I won't spoil the match if you haven't seen it, but get to it.
    • There was another EXTREMELY long promo from Sammy this week. I won't bother linking to it, but I'm not sure why they keep sticking him out there for minutes long monologues. Future AEW World Champion Peter Avalon also did more yapping about the pageant, but none of it is really relevant to Dynamite.
    • Unfortunately, the Lucha Bros. were able to win against Chaos Project. I have to admit, it was a fair fight this time, despite Japanese Deathmatch Legend and The Original Death Dealer Doctor Luther doing a Bulldog onto snakeman to try and kill Pentagon. It didn't work. THROW EM UP ANYWAY. 👉🤪👉🤪👉🤪👉🤪👉🤪👉🤪👉🤪👉🤪
  • On IMPACT this Tuesday:
    • Welcome back to the Impact Zone.
    • Don is congratulating the dudes on a big win after beating Swann. He gets everyone out of their room and then Don turns around and talks to the cameraman. He says tonight you're gonna get to see the behind the scene of the Invisible Hand. Don says you're gonna have to be patient for a little while. They have business to take care of in Jacksonville. "Don't think, just feel". This seems to be the end of this particular beat of the story with Impact.
    • Moose, after the match comes up to Swann. Their interviewer asks Moose for his feedback. He immediately slams Swann into a wall. He says he kept his promise. Bell to bell he was gonna be the best team mate he could have been. Match is over now. Swann says he's done with all these games, so now MOOSE V SWANN SOON BAYBEEEE. This is a highly Pro-Moose write-up from now on.
    • The Good Brothers come out to their dope ass theme song. They ask how many more times do they have to do it! How many times do they have to prove THEY'RE THE DRAW, BABY! They brag about their win over Swann/Moose/Sabin. Sabin comes out and crashes the promo, he says he doesn't know whether they're drunk right now or stupid, he calls for a title rematch with the Good Brothers. He brings out IMPACT LEGEND JAMES STORM to be his partner since the other guy in MCMG is still missing. They talk for a minute then MATT HARDY comes out with Private Party. "I HAVE RETURNED TO THE IMPACT ZONE", he says. He says since there are now open borders, he's brought Private Party here for a warm-up match, he then goes on to cut a Steiner Math promo, and now EVERYONE is mad. Matt Storm says this is a private conversation, not a private party. Now Private Party needs to get a title match TONIGHT. Matt says those belts are his, he lost them in a stupid teleportation bit that didn't even make sense!! Matt wants Private Party to win BY ANY MEANS NECESSARY. Instead they'll be fighting MCMG for a title shot with the Good Brothers.
    • It's The Tony's, doing Tony's stuff and promos. You get it. You understand the bit. Watch it if you want. Jerry Lynn is there, kinda. TK says he can't out-carny Impact, but Matt Hardy for sure can. THEN A TWIST, IT TURNS OUT TK AND JERRY LYNN ARE IN THE IMPACT ZONE.
    • Private Party was able to get the W over Sabin/James Storm thanks to... a cheating Jerry Lynn?! The show ends with a big brawl between Sabin/Storm, Private Party and the Good Brothers, so it seems Impact is even getting invaded by AEW's bad habits. The wrestling world is in Chaos (Project) right now.
At Dynamite
  • On the Pre-Show before Dynamite, Alex Abrahantes received a gift from -1. It seems he's fully finished his Kool-Aid.
  • Show starts with -1 coming out in Brodie's old coat on Ten's shoulders for his birthday. They play his promo against Japanese Deathmatch Legend and The Original Death Dealer Doctor Luther. They light the cake and -1. Silver says "TONIGHT IS A VERY SPECIAL NIGHT". He says Adam Page is about to join them, and its SOMEBODIES BIRTHDAY. We then get a Silver led Happy Birthday singalong, God bless us everyone. Japanese Deathmatch Legend and The Original Death Dealer Doctor Luther and snakeman come out and saw AEW is just a daycare center. Japanese Deathmatch Legend and The Original Death Dealer Doctor Luther is really heated about the promo -1 cut on him. The crowd chants "YOU LOOK STUPID". Japanese Deathmatch Legend and The Original Death Dealer Doctor Luther says his face is perfectly symmetrical (PPA looks on, suddenly). Japanese Deathmatch Legend and The Original Death Dealer Doctor Luther calls -1 a stupid looking doofus. He says Chaos does not like children OR -1. They are going to RUIN his birthday. This leads to a brawl, and then Hangman enters, the match is now essentially underway as Page jumps into everyone. THROW EM UP 👉🤪
  • After Japanese Deathmatch Legend and The Original Death Dealer Doctor Luther goes into the birthday cake facefirst and Dark Order got their win with a nearly four way finisher, -1 gets the headshot on snakeman, and says "MY BIRTHDAY WAS THREE DAYS AGO YOU IDIOTS" and nails Serpentico with some papers, cementing the fact that Dark Orders leader is now literally a 9 year old. Silver tells Adam how good and pretty he is. They ask him to join on bended knee. The crowd shouts "DO IT, DO IT" but he says no right as the "HE SAID YES" banners fall and celebratory music plays and a mariachi band comes out(?). Adam says he's had fun, but he's done the group thing and it didn't work out. The crowd straight up boos Hangman maybe for the first time ever. He grabs a bottle of whiskey and leaves the arena. This is heartbreak city dudes.
  • Marvez is with Jericho/MJF. He asks them about their tag team challenge. MJF ignores it, and tells Jericho he's worried this tag team challenge will break up the Inner Circle. Jericho says that's impossible, it's a pact between the sexy hooligans and nothing more. At the end of the night, everyone will move on together like always. MJF says perhaps he's right, and if so they will be the next tag team champs.
  • Schiavone is in the ring, and says it's been a week since Darby won over Cage with the help of Sting. Tony says Sting has something to say to Darby, so here he comes. We get a few good WOOs in, then Darby enters. Sting says there's something Darby that reminds him of himself. He wants to be the first to congratulate him-- he also wants everyone to understand he wasn't trying to interrupt the fight, just wanted to make it fair. Taz, on video, says that's bullshit. Darby and Sting cheated, they fight dirty. Taz says his guys are gentlemen. But if they wanna go hard, and nasty, let's take it to the streets. Darby says you wanna take it to the streets, be careful what you wish for cause it just might happen. He and Sting leave together.
  • Marvez apparates near the young bucks. They're meeting with Kenny. Nakazawa leads them to an INSANE portrait of Don Callis and Kenny Omega. Don says he had it commissioned. The bucks are pissed about what he pulled last week. Don says "Kenny is unable to attend this interaction". Don says too many marks had Kenny's number so they've changed his number, that's probs why Kenny won't talk to them. Nakazawa is instructed to take Marvez and the camera guy to "The Dungeon". Don says their investment with Kenny has paid off, but it's time to go. He cuts them a check and says it's time for them to go. The Bucks says it's pretty audacious to assume they'll throw away a 12 year friendship for money. Don says truthfully, you're holding him back. The Bucks rip up the Impact checks. The Bucks beat up Callis and he crushes the camera, ending the segment. Obviously Callis is a fool if he think walls can stop Marvez. NO WALLS CAN CONTAIN MARVEZ. HE ARRIVES PRECISELY WHEN HE WANTS.
  • FTR, noted weenies, are backstage. Tully says they're the number one contenders for the belt, but they need the belts. Jungle Boy says he sick of this, he thought they were supposed to be the best, but Jungle boy thinks being with them taught him he could beat either of them. Dax, the bald weenie, agrees to a one on one. It's next week!
  • After beating Nick Comoroto with a choke, Mox asks for a mic. Mox says ANYTHING can happen on Wednesdays. He says he can't keep track of anything anymore. Who's in Impact, who's in bullet club, he doesn't know. He says all you've done is brought more bodies for more violence, he LOVES this. The bigger the mountain the better the climb, and he will climb again. You can bring all of Nashville, all of Japan, all of Mexico, but all roads lead through him.
  • Dasha is with Eddie Kingston and his family. She's asking him about his match with Lance. He says he doesn't prepare, he just fights. He says he's gonna fight him! Good enough. Lance interrupts and they yell for awhile, but Jake gets REAL riled up about it. The censors are able to finally catch something Eddie says, but Jake's cursin' sneaks right in.
  • MARVEZ IS BACK WITH KENNY. AS PREDICTED, NO WALLS CONTAIN HIM. Kenny meets with Don, who has a big bruise on his face, he says it was an accident. Don says he doesn't want Kenny to get upset. Marvez interrupts but Don kicks him out. This is pointless. Does he really think he can stop Marvez? This is feud of the year. Man Versus Magic.
  • A brawl breaks out, with Private Party seemingly embracing Matt's new philosophy. MJF heads to Inner Circles' dressing room. MJF says he doesn't want this to happen, but since Jericho wants it, we're doing it. Sammy gets in MJF's face. MJF says no, we keep doing this, but I love you, and these guys, cause we're family. He respects Sammy because he doesn't hide his opinion. MJF says he's no sociopath (HE IS), he wants whats best for Inner Circle. The group agrees.
  • Miro wants Charles Taylor, his butler to come give everyone an update. OC looks on from the crowd. Miro says he can be mean whenever he wants, but he's a nice guy! He wants to show Charles where he can go! He tells Chuck he has to tell OC he's his best friend now. He does it. OC and Chuck Taylor have a real Genie with Jafar and Aladdin "I got a new master now" moment.
  • The Good Brothers are destroying Pentagon backstage. Kenny joins in. Don tells him to watch his hands. Karl gets a wire wrapped around Penta's neck, while Kenny beats him up with his boot and drives it into his eye. Someone shouts "TNA" while the announcers struggle for words.
Trivial Bullshit / Post-Show Poll Results
  • 1/6 Results:
    • Overall Rating: 4.26
    • Best Match: Omega Vs. Fenix (94.1%)
    • Worst Match: Hikaru Shida Vs. Abadon (61%)
    • Wrestler of the Week: 1st: Fenix & Omega (Tie, 41.4%/41.4%), 3rd: Wardlow (5.2%)
    • Full results here
  • 1/13 Results:
    • Overall Rating 3.87
    • Best Match: Allin Vs Cage (61.3%)
    • Worst Match: Taylor Vs. Miro (50.8%)
    • Wrestler of the Week: 1st: Darby Allin (46.2%), 2nd: Brian Cage/Tay Conti (Tie: 12.4%/12.4%)
    • Full results here
  • I'm honestly surprised to see you all rated the 1/6 show that much higher than 1/13, but that Bullet Club reveal may have had a much bigger net impact on how the show was received generally than anything else. There were only 2 other matchups that even got a single vote for Best Match for that week, (Wardlow V Hager with 5 votes and Cody V Sydal with 2 (Cody V Sydal also received 23% of the vote for worst match). It's also funny/extremely unlikely we got ties for WOTW twice in a row.
  • So, excluding tonight's results, who exactly is the best tag team within the Inner Circle? For simplicities' sake, we will exclude any 3+ man matches, 2 on 2+ (like Parking lot brawl, Stadium Stampede) and only look at strict 2v2 tag team matches on Dynamite & PPV's exclusively. No Dark matches.
    • Santana and Ortiz: 4 wins, 6 losses
    • MJF & Wardlow: 1 win, 1 loss
    • Jericho & Sammy: 4 wins, 3 losses
    • Jericho & Hager: 5 wins, 0 losses
    • Jericho & MJF: 1 win, 0 losses
    • Ortiz & Sammy: 0 wins, 1 loss.
    • Strictly speaking, though Santana and Ortiz have been in the most, they're nowhere close to the most dominant. It was personally surprising to me that Jericho/Hager have even had this many matches together, it's just not something I've considered very often. It's of course no surprise that having Jericho in your corner amplifies your chances of winning, but it is surprising they've been so good considering they've had almost no stories built around their team (besides this broader one).
  • This was Penelope Ford's first 1v1 match on something other than Dark Since July 1st, 2020. Just to put that into perspective, her last singles match was about 3 weeks after Jimmy Havoc and Kris Statlander had their last matches before Jimmy got sent to Oops You Did A Sex Crime Island and Kris' leg no longer doing what legs are designed for. About 2/3's of Brodie Lee's work with AEW took place in the interim, as well the grand bulk of Moxley's championship run. She has made routine, completely silent appearances throughout this wretched never-ending wedding/bachelor party angle, an appearance at the Brodie Lee tribute show, losing immediately in the YouTube women's tag team tourney, and the all time worst AEW match ever to date, the 1v2.5 match where Swole beat Reba/Penelope and a screaming Britt Baker. They've never really said why they dropped her off a cliff into the world of background characters, but part of me wants to believe that they partially blame her for the hot-ass shitbutt disaster that was that handicap match with Swole. I personally do not fault her for that, her championship run against Shida was perhaps the highlight of Shida's entire reign as champ for me personally (it actually got a substantial amount of TV time, and the championship match was superior to almost all Shida has had) but, I also don't book a wrestling TV show, I just write recaps that are way too fucking long. Speaking of, here's the section on Hacksaw Jim Duggan.
Hacksaw Jim Duggan Buries All Elite Wrestling
With a wrestling career that's lasted more than 40 years, Jim Duggan's power level is beyond comprehension. If he hasn't beaten an AEW wrestler directly, he's beaten them through a few degrees of separation.
Could Hacksaw Jim Duggan defeat Jon Moxley?
  • 7/28/2017 - Hacksaw Jim Duggan defeats The Amazing Graysons
  • 8/2/2019 - The Amazing Graysons defeat RJ Rude & Zane Bernardo
  • 12/18/2018 - RJ Rude & Zane Bernardo defeat Private Party
  • 10/9/2019 - Private Party defeats The Young Bucks
  • 9/29/2018 - The Young Bucks defeat EVIL & SANADA
  • 11/19/2019 - EVIL & SANADA defeat Jeff Cobb & Mikey Nicholls
  • 7/14/2019 - Jeff Cobb defeats Jon Moxley
Yes, Hacksaw Jim Duggan could easily defeat Jon Moxley (And The Young Bucks)
Hacksaw has previously defeated:
Kenny Omega, Colt Cabana, Hikaru Shida, Kris Statlander, Eddie Kingston, Chris Jericho, Darby Allin, John Silver, Evil Uno, Hangman Adam Page, Private Party, Alex Reynolds, & Matt Hardy.
And has lost to only one man:
The Exalted One, Mr. Brodie Lee
Outside Links
Being The Elite on Youtube
AEW Dark & More on Youtube
Visit /AEWOfficial - The Most "Official" Unofficial Subreddit for All Elite Wrestling fans.
Visit AllEliteWrestling.com for news, tickets, merch, and other info.
Watch Impact Wrestling On Twitch
submitted by SmurfyX to SquaredCircle [link] [comments]

GME - EndGame part 4: The Saga Continues

GME - EndGame part 4: The Saga Continues
This is an extension of my DD series on GME. If you haven’t read them and have time, they will provide some background on my previous predictions, some of which have already come true. In this post, I’ll share my thoughts on what I think is going on, plus some tips to manage your positions and exits.
TL;DR: Shorts are in but likely want to get out. And they want to get out at the best price possible. See tips for managing positions.

Previous Important Posts

  • EndGame Part 1 (DTC Infinity) covered the short positions, the float, and potential snowball impacts of increasing prices, and argued that part of the reason that shorts haven’t closed was that it was pretty much impossible for shorts to close
  • EndGame Part 2 covered Cohen, fair market cap analysis, and potential investors, in which I talked about the amazing mid-to-long term potential for GME.
  • HEY SEC, if you’re reading please read this one - After the Citron tweet, I shared this fan fiction on what looked like blatant market manipulation by shorts on the day of the tweet, and offered some education on strengthening your position. This one got buried and is worth reading.
  • EndGame Part 3 covered the gamma squeeze, potential shady tactics by MMs, and some tips for staying safe.

What’s happening with the price?

We’re still gamma squeezing

Many media outlets are reporting this as a “short squeeze”. They’re only partially right, as if Melvin isn’t lying they’ve already been squeezed out.
However, the reality is so far we’ve been Gamma squeezing - repeatedly - and some shorts have been casualties along the way.
See this post for a deeper explanation, but the essence of it is that market-makers have to buy shares to hedge the calls they sell. The more calls people buy, the more shares they MMs have to hedge with. As I explained in part 1, GME has ultra low liquidity, i.e. there’s waaaay fewer actively traded shares than what shorts need to buy to cover with, and then when you get lots of people buying calls and shares in the hot new stock it just removes more availability from the market.
As a result, when MMs buy shares to hedge, it moves the price of the underlying up. Combine that with the buying pressure of people piling into a stock climbing 100% a day, shorts getting liquidated, and it’s a perfect storm.
Today, GME closed at $347 (before the after market selloff, but i’ll get to that soon).
320 calls were added yesterday. Similarly, when 115cs were added we squeezed to >115 in two days. Same story with 60c’s etc.
Remember this commentary from EndGame part 3 on Friday’s price action:
Notice how the stock dropped from a high of $75 on Friday to below 60 - the highest expiring SP for the 1/22 options, and stayed tight in range for the rest of the day. Now, for compliance reasons, MM are required to be neutral by EOD, so 20 minutes before close, MMs had to buy back all their short positions, which led to the strong close above 60.
All this led me to believe that the real fair market price for GME was above $65. Without the market makers interference, GME would have closed higher.
Now, what happened today? We opened at $351, more than double the previous close of $145 and after the morning profit taking, we squeezed to a high of $372 as MMs furiously tried to hedge the 320 calls they sold you the day before for peanuts.
See, the thing is, Kenny G doesn’t like to lose money. The magical method Citadel’s market makers make money, is that they sell you call giving you the right to buy shares at a certain price, say $320, for the nice price of $10/share (for example). Now, as long as Citadel’s MMs can buy all the shares they have to give to you for less than $320, that $10 is free money. However, when the underlying moves too fast, the MMs have to buy shares for more than $320, and Kenny G does not like that.
Today was a shock to the MMs that sold all the 320cs yesterday. A six-sigma event after a six-sigma event after a six-sigma event. Yet again, within days (a day?) of offering new, higher strikes - every call option ever sold was in the money, before they had a chance to adequately hedge.

https://preview.redd.it/cq5wy45433e61.png?width=936&format=png&auto=webp&s=0c75a1e1a6e3808b54bafc646e2e6a7f29ca7cc3
So, just as on Friday, if the price got too high above $320, market makers dug into their bag of tricks to start selling it off. (People taking profits here helped too.) However, multiple times, when GME went below $300, MMs took their opportunity to hedge the 1/29 calls. So, just as before, we traded in a tight range around the highest strike.
My conclusion from this action the first time was that GME’s fair price was being actively suppressed, and it proceeded to 5x in the next few days. There’s a possibility we’re in a replay and will see more upward movement on delta hedging alone.
The point of this is: I think shorts are feeling the squeeze, for sure, reporting massive mark-to-market losses. But I believe the shorts are still in.

Shorts are still in

As of Wednesday morning, Ortex was estimating a short interest of 65M shares, down from 71M shares the day before.

https://preview.redd.it/ze8wx15633e61.png?width=932&format=png&auto=webp&s=7a034dbb3c54509c6267f20c4122ecdf3f6cf4bc
If you’ve read my Part 1 (DTC Infinity), you’ll hopefully recall my thesis that there are actually less than 24M shares available, and therefore that it would be nigh impossible for shorts to close. Since then a slew of new investors have piled in to buy and hold GME, from little guys like us to big-ass-whales like Blackrock increasing their holdings to 13% of GME.
So what? I think the available shares for shorts to buy are down to under 20M, and they have to buy 65M shares to close. Shorts have barely begun to cover. We’ve only been increasing the cost of their exits!
Now, let’s talk about Melvin Capital. I loved watching Chamath defend retail investors and argue against the institutional leveraged shorting that got us here in the first place, but I also learned something interesting that helped me understand how the 140% short interest had in the first place, and how the unwinding may go.
At 2:10 Chamath saysGabe Plotkin is one of the giants of our era, but at the end of the day, what happens is that his trades are copied by umpteen other hedge funds that follow along
This tells me 2 things:
  • A lot of hedge funds (likely Maplelane, D1, Viking, Point72, and more) followed each other into this short. Much like retards like us get behind good DD shared in the open, these institutional retards got together with their cigars and golf clubs behind closed doors and decided together to go in together against GME.
  • If Melvin is really out, it’s unlikely the other funds are going to want to stay in, lest they be compared poorly to Melvin if GME continues to go against them. The other shorts want out.
Chamath also tells us that prime brokers (the brokers that hedge funds use) are seeing “the biggest 4-day degrossing from hedge funds they’ve ever seen”.
Again, the problem is - there just aren’t enough shares. Shorts have dug themselves a massive grave by shorting more shares in existence and continuing to short while Cohen grabbed up 9M shares, institutions added to their positions, and retail traders piled in.
For boomers like this tard that can’t understand why the price is so high - go back to Econ 101, supply and demand bitch.

It’s costing shorts incredible $ to hold their positions

Here’s all the ways shorts are losing money.
  • They pay borrow fees to loan the stock. At one point today, the GME stock borrow fee hit 250% for new borrows. At $300/share that’s $2/day. That doesn’t sound like much right? What if you shorted at $50?
  • The short position on GME has ballooned to $25BN from a low of $1B. The borrow fees are applied to the latest closing price, not the price you shorted at.
  • Funds are paying interest fees on the margin they are using for the short
  • And oh yeah, GME’s up like 800% in 5 days.

Dirty tactics continue

At this point, I think “THEY” have figured out that gamma squeezes are absolutely destroying hedge funds. So what do they do?
  • THE BIGGEST DIRTIEST TACTIC OF ALL - they only allow you to sell, not buy. HEY SEC, WHY ARE SHORTS STILL ALLOWED TO SHORT WHEN LONGS ARE NOT ALLOWED TO BUY. WHY ARE INSTITUTIONS ALLOWED TO COLLUDE?
    • This is insane. Funds, prime brokerages, and market makers all stood to lose money so they disabled trading of GME due to "volatility". Citadel invests in Melvin capital. Then brokerages shut down buying!
  • Brokerages down
  • Options not loading
  • Restrict retail trading on GME
    • I’m seeing reports that retail buyers not allowed to hold more than 100 GME options now
https://preview.redd.it/is4qn8n733e61.png?width=512&format=png&auto=webp&s=741f80fc182e27584954691ebb581ffee15f86ef
  • This is a direct defense against more gamma squeezes and an attack on retail investors, giving institutions a distinct advantage.
  • HEY Shortsellers Enrichment Corporation - how is it ok for Citron to buy thousands of puts minutes before their tweet and how is it ok for prime brokers to give hedge funds 10-100x leverage, but the little guys can’t have more than 100 options total?
    • Personally, I don’t really do 100s of options all at once but now I really want to. Fuck this.
  • More short ladder attacks. Look at after-hours trading on GME - a rapid short ladder attack during low-volume trading in order to bring the price down.
  • If you use stop losses on GME and leave them on, you will get stop-loss hunted.

Ripple effects of the squeeze
  • These hedge funds that are short GME, are also short other equities like BBBY, AMC, etc.
  • These hedge funds are also long other shares with leverage, so the ONLY way they’re staying alive and not covering their shorts, is that they’re reducing their long leverage. This means selloffs in the broader market as they have to shore up their margin requirements against the massive short squeezes in their portfolios.

I believe we’re at a tipping point

  • I don’t believe shorts have really covered yet. They have defended by getting capital infusions and reducing their long leverage. I.e. they have begun liquidating long positions.
  • If GME climbs more, they will be forced to cover and liquidate.

Things to be careful about

As you can see, this is no easy win. In addition to the suggestions I wrote about in this post, here’s some things to be careful about.
  • There are threats to halt trading. Shares are safe, they do not expire. Calls can be destroyed by tactics like buying halts.
  • Be careful about swapping ITM calls for OTM calls: it can be tempting to trade-up your options for higher return, but be mindful of the delta impact. You may actually be driving the sale of shares by MMs when you don’t mean to. For example, if you sell a .5 delta call for 2 .2 delta calls, that’s net reduction of 10 shares that MMs have to hold long as leverage.
  • Be careful about being short any calls this week: Not only do you limit your upside (which is dumb in the prospect of a squeeze), you could end up in a nightmare scenario. A call that ends OTM on Friday could end up ITM after hours if you didn’t sell it, and you may get assigned while the underlying continues to go up. Close spreads if your short legs are deep ITM unless you want to risk early assignment and high hard-to-borrow fees.
  • There are a few other dirty tactics shorts can play. I’m not specifically going to share them here because I don’t want to give the ideas circulation, but
    • Choose your own limit sells based on personal sell points. Don’t copy others and don’t try to be memey. Make your own decisions.
    • Stop sharing your positions publicly. I know this is anti-wsb, and I think sharing them is great for this community, but in the case of GME it’s an attack vector for you.
  • Be careful of holding weeklies until expiration. Remember the multiple trading halts? What if trading gets halted on Friday at 2pm and doesn’t resume for the rest of the day? All your 1/29 calls would expire worthless. Depending on your broker and your cash positions, maybe even your ITM ones. Roll (or sell, if you’re taking profits) your weeklies well before expiration.
  • Be careful about buying on margin. Brokers are rapidly increasing margins. If you bought on margin with 2:1 leverage, and the stock went up 100%, you’d be in margin call even without a margin change. If the broker moves margin against you, you’ll get to margin call faster.
  • Don’t bet more than you can afford to lose. I’ve been in GME long enough to know that just when you think going up is a sure thing (remember last Monday with the short sale restriction?), you can be surprised by a new trick. If you bet it all on weeklies all at once, you may not be able to recover from being wrong on the timing. Consider longer expiry or spreading your purchases out. I’ve held through multiple 30-40% drawdowns in the underlying; and held through a 50% drawdown today, so you need to be ready for the volatility.
  • Watch out for stop loss hunts. It’s common practice for shorts to hunt for stop losses for cheap shares. If you’ve set a stop loss, be really sure about it.
  • Don’t sell on dips. You’re only helping the shorts. If you need to sell to take profits, sell when it’s heading up. Sell high, not low retards.
  • Save dry powder to buy on dips. Dips manufactured by shorts are buying opportunities. Take advantage of folks with paper hands to capture shares at low points. GME has incredible daily volatility. Set a low limit buy and just wait for the order to fill. Have patience when buying.
This is not financial advice; do your own DD. I’m holding over $1M in shares and calls. I AM NOT SELLING WHEN THE BUYING MARKET HAS BEEN REMOVED. YOU ARE BOUND TO NOT GET A FAIR MARKET PRICE.
Update New ortex data shows 51M short interest. So the covering has begun.
Update 2: what you are seeing in the price drops is likely the gamma squeeze in reverse. People are rightly selling their short term calls, so MMs are selling shares they bought to hedge. That drives the price down, which then causes more de-hedging. This is all a manufactured selloff by elimination of ability of people to buy the equity and should absolutely be investigated. It's very likely the big boys knew the buying restriction was coming and started the selloff last night.
Update 3: getting angrier by the minute. Reviewing the volume and price action and shorts bought in volume at the absolute bottom. This mothefucker, Steve Cohen, who bailed out Melvin and previously accused of insider trading is now GLOATING after this blatant trick https://twitter.com/StevenACohen2/status/1354864321134735360?s=09
submitted by FatAspirations to wallstreetbets [link] [comments]

$SLV is not going to get squeezed...$SLV is the Trojan Horse for the squeeze THAT'S ALREADY HAPPENING

I have no horse in the GME "fight" right now. I wish you all the best, and it is the biggest trading mistake of my life so far. I was talking about GME with my friends in March 2020, and even did trade some options then for a loss. I must have read DFV at some point, as we were discussing Burry and a "technical short squeeze" happening. But I missed the real boat, so good on DFV and all of the rest of you degenerates.
Instead, I focused my market attention during quarantine on precious metals. My opinion is that in the long term (10+ years) they will provide the only real hedge against inflation in the world as every CB on the planet is exploding the supply of fiat to deal with COVID economic disruption.
In the short term, I believe that the "powers that be" are engineering the largest short squeeze in the history of markets. We do not have the power to effect whether this happens, it is simply an inevitability. HFs, banks, and other large institutions are going to extract an enormous amount of wealth from the world during this squeeze. This money will be taken from the future pocket of every consumer of industrial goods for the next several decades in the form of inflated prices on everything: batteries, electronics, solar panels, EVs...even jewelry and silverware.
We cannot stop them, but I have decided to try to hop on for the ride. The last few months aside, I never saw WSB as a force for societal change, because the people who control the money are always going to win the most in the end. WSB is a place where we can learn the tricks of a market that is structurally rigged against us, and use those tricks to our advantage. To use an analogy that I think we all know: I am not, and will never be, Ender. But I can learn that the Enemy's Gate is Down, and play The Game that way.
The tl;dr is this: the market for silver is the most manipulated physical market in the history of the world. $SLV is the vehicle that is currently being used behind the scenes to vaccum up ownership of every available physical bar of silver in major bullion vaults in the world. When it has completed doing that, the "paper" markets that have held down the price of silver for decades will become disconnected from the physical markets. The energy that has been artificially held back for decades by this paper will explode the price of physical silver, and I have no idea how high it will go. $SLV will stand (mostly) alone as the world's exchange traded product for electronic trading of physical silver.

LET'S START AT THE BEGINNING: WHY IS SILVER IMPORTANT?

Silver has been used as real currency for thousands of years, and there is an argument to be made for returning to "sound" money through the use of silver and gold. However, that is not the argument that I am making.
Silver is a highly industrial metal, and it's usage for industry will only continue to expand as we electrify the future. Silver is important for electrical applications b/c it is the most-conductive / least-resistive metal in the universe (https://en.wikipedia.org/wiki/Electrical_resistivity_and_conductivity#Resistivity_and_conductivity_of_various_materials). It is used heavily in all electronic applications (even more since RoHS has pushed us away from Tin/Lead and towards Tin/Silver solder blends, with silver being added to mitigate the longevity problems of 100% Tin solder growing Tin whiskers and shorting out components). But the largest new demands on silver are going to come from solar panels and EVs. Utility-scale solar is now virtually tied with wind as the cheapest new sources of energy in the world and is only getting cheaper every year. As fossil fuel plants continue to reach the end of their service life, they are going to be replaced with solar and wind technologies. As EVs become more prevalent, their components (ESPECIALLY their batteries) will produce additional demand for Silver.
As smart investors are wont to do, this coming demand for industrial silver has been front-run and large quantites of silver have been sucked into investment products so that they can produce financial returns when demand begins to increase. 2020 showed remarkable investor interest in silver, to the tune of an estimated 350Mtoz moving into exchange traded products like $SLV. $SLV alone added ~200Mtoz of silver to it's holdings in 2020.
Unfortunately for the market, supply cannot meet demand: Of the 930.9Mtoz estimated for 2020 demand, only 236Mtoz was available for physical investment, because the rest was consumed by industrial uses. This means that $SLV alone absorbed almost the entire world's capacity for silver investment in 2020, and as you'll see soon, this is only accelerating in 2021.
Source for demand/supply/investment numbers: https://www.silverinstitute.org/wp-content/uploads/2020/11/SilverInstitute2020InterimPR.pdf

LETS GET PHYSICAL, PHYSICAL

Now it's important to understand that huge amounts of "silver" is traded on "paper" markets, and these markets have historically decided the approximate cost of physical silver in the world, in the form of the "spot price". I'm not going to give anyone a primer on how this works, go read about the London Fix and COMEX paper on your own time. But the important thing to know is that there are a bunch of silver bars in vaults in London and in the U.S., and electronic claims on them are traded on the LBMA and COMEX continuously, without the silver ever leaving the vaults.
However, these vaults have concrete numbers of physical bars in them, and trading contracts against them technically means that you can show up at a window somewhere and demand your 5x 1000oz bars that a COMEX warrant entitle you to. This redemption happens all the time, and it can be used to extract physical silver from the unallocated storage at bullion vaults and release it to industrial or consumer bullion uses. However, these bars can also be moved into "registered" or "allocated" accounts without them leaving the overall vault storage. This means that a quantity of individual silver bars that an owner holds title to can be physically moved inside the vault onto a different rack, and the owner has individual serial numbers of bars that they own. These bars can be withdrawn on demand only by their owner and are not available for general redemption of a COMEX warrant.
So how many bars are there? Well between LBMA and COMEX, there are 1480.3Mtoz sitting in vaults (sources below when I start doing math). This includes all allocated AND unallocated bars. Now, obviously London and NY are separated by an ocean, but people always like to bring up that bars could be moved b/w London <-> American COMEX vaults. This is an enormous undertaking, but let's make a "spherical chicken in a vaccuum" level assumption and say that LBMA + COMEX vaults are a singular source of inventory for both $SLV and other market participants.
If you read the $SLV S-1 (which I did: https://www.sec.gov/Archives/edgadata/1330568/000119312505127244/ds1.htm) you would learn that the custodian of the $SLV trust is required to hold all silver weight (with an exception for 1100toz of unallocated, lol) that is owned by the trust in allocated accounts, where the individual bars are physically segregated inside the vaults, and the serial numbers of the owned bars are explicitly recorded. The idea that there is "no physical silver" backing the SLV trust and "you could get settled with cash" is ridiculous. iShares publishes a report listing every serial number of every bar that is owned by the trust, along with the total weight contained in the bars. It is 10847 pages long (you can read it here if you have trouble sleeping at night: https://emea-markets.jpmorgan.com/metalicsWebAppJanus/publicUnauthenticated/BONY_SLV.pdf) and is updated frequently.
The underlying silver is owned by the trust. It cannot be removed from the trust unless "baskets" of 50000 shares are redeemed by an "Authorized Participant" which is only a few large brokers. It cannot be removed by the bullion vaults and given to other customers because it is physically segregated inside the vaults.
People who have recently beaten down the idea of a silver squeeze love to talk about how JP Morgan is the custodian for the SLV trust. And because JPM just paid a $1B fine for historical manipulation of the paper silver market, they aren't going to be honest about this. This is crazy talk.
When it comes to the dishonesty of a big bank, there is "fraud" and there is FRAUD. "Fraud" would be them saying "Oh sorry, we didn't realize that a laundromat bringing in $300k/week of dirty dollar bills was out of the ordinary". "Fraud" happens all the time, and the banks get away with it regularly. FRAUD would be them saying "Oh yes, 3rd party customer (iShares) who services dozens of other large banking institutions in the world, here is objective evidence, with serial numbers, that we have these silver bars in the vault" and then just making up the data. It is QANON-level crazy, IMHO, to think that JPM is going to commit FRAUD by publishing a list of serial numbers that is completely fake.
I believe the exact opposite: since they have just gotten caught, they are playing it straight this time and have just switched sides in order to go long. On the COMEX alone, JP Morgan Chase is long 193.9Mtoz, or just north of $5B.
(COMEX depository data by weight: https://www.cmegroup.com/delivery_reports/Silver_stocks.xls)
The problem for the futures and options markets is that their continual trading of paper contracts is chasing a smaller and smaller amount of physical silver that is not owned by $SLV. And the market participants (minus, now, JPM) who have gotten away with naked selling of paper contracts and mostly settling them for cash are going to soon find the underlying vaults empty and no metal to give to warrant holders who come looking for it.

HOW BIG OF A PROBLEM IS $SLV FOR THE NAKED SHORTS IN THE PAPER MARKET? LET'S DO SOME MATH.

$SLV inventory math:
$SLV is holding 669,357,789.40 troy ounces in trust, and has 720,500,000 shares outstanding.
(If you are curious why $SLV/share trades below the spot price, it's because: 669.4Mtoz / 720.5M shares = .929 toz / share)
($SLV data from here: https://www.ishares.com/us/products/239855/ishares-silver-trust-fund?qt=SLV#/ )
(screenshot from tonight for posterity: https://imgur.com/a/0sqcMFr)
Bullion vault inventory math:
London (LBMA) silver stocks are 1080.5Mtoz (http://www.lbma.org.uk/london-precious-metals-physical-holdings-statistics)
US COMEX silver stocks are 399.8Mtoz (https://www.cmegroup.com/delivery_reports/Silver_stocks.xls)
669.4/(1080.5 + 399.8) = 45.2% of the vaulted silver in the world is already owned by SLV
Subtracting what SLV already owns, leaves us with: (1080.5 + 399.8) - 669.4 = 810.9Mtoz
(This is completely ignoring the fact that a lot of that remaining silver is owned in registered or allocated accounts by individual owners. E.g. there is 150.2Mtoz in "registered" on the COMEX which means those bars are already specifically deeded to an individual owner. But they could theoretically sell it to SLV so I included it as available.)
810.9Mtoz is the ABSOLUTE THEORETICAL MAXIMUM available in LBMA + COMEX silver that is not already owned by SLV.
Now how short are the shorts? Some more math:
OI on COMEX futures: https://www.cmegroup.com/trading/metals/precious/silver-futures-and-options.html
+ 179786*5000toz + 130402*5000toz + 8245*1000toz + 1903*2500toz ---------------- 1,563,942,500 = 1563.9Mtoz 
in currently open interest that could be demanded for delivery. Just on the COMEX, there could be demand for twice as much silver as there is in the combined LBMA + COMEX vaults that is not explicitly owned by $SLV right now.
Caveats:
Using the same basic methodology–total shorts divided by shares [toz in this case] outstanding–as is used on a stock to calculate short interest (and gave us the infamous 140% short interest on GME) we get......drumroll please:
1563.9 short / 810.9 physical = 192.9% short interest.
OPEN INTEREST ON COMEX SILVER FUTURES AND OPTIONS IS EQUIVALENT TO A 192.9% SHORT INTEREST AGAINST ALL LONDON AND U.S. AVAILABLE INVENTORY.
But it gets even worse.

WANNA ADD A GAMMA SQUEEZE??

I pulled the data for all current OI in SLV options. There is a large number (5.7 million) of call contracts open (here are the totals: https://imgur.com/tiqPA34)
Using the .929toz/share number, we can calculate that there are up to 527.2Mtoz that would have to be bought during an absolute runaway Gamma Squeeze. Call options on $SLV max out right now at $55, so the spot price would only have to increase by around 122% to reach the point that all of that weight would need to have been purchased. But at some point, it could become self-reinforcing, and the gamma squeeze continues to cause more gamma squeezing.
I believe that this almost happened Sunday evening (2021-01-31) as evidenced by the huge premium that $SLV was trading to the futures price for a few minutes when trading opened. (My comparison chart: https://i.imgur.com/UPjL3zm.png)
The Silver ETF that trades on Sunday in Tel Aviv (https://www.bloomberg.com/quote/TCHF82:IT) closed up >6% (and was consistenly rising for the entire session) before any american spot markets opened. I believe that hedging algorithms at MM firms that write options saw this spike as a need to buy shares in $SLV to cover their deltas, and so they bought the opening of $SLV like crazy. $SLV opened up 17.6%, while paper only opened up about 6%. Paper market players had to sell 23.8Mtoz of paper in the first minute of trading to keep the price under control. I have never seen an imbalance like this before, and it was covered up quickly (within 2 hours of trading). But to me, it sounds like Vincent's heartbeat monitor in GATTACA when he runs out of fake signal: there was a cover up required to hide this explosion.
When the day comes that this cover up is not executed properly, stuff is going to get ugly, b/c $SLV won't just gamma squeeze like a normal stock...

BUT WAIT, THERE'S MORE! A TRADITIONAL GAMMA/SHORT SQUEEZE WILL SEEM LIKE NOTHING IN SILVER

The squeeze in silver will be FAR WORSE than the combination of a gamma and short squeeze in a stock, because shares of stock cannot be removed from the market. Eventually somebody holding $VW or $GME is going to say "sure, I'll sell at $42,000.69 per share" and that share can go back to cover a short. But if instead of doing that, the holder of that share withdrew it from the market by converting it to a physical token b/c they thought that the physical token would be more valuable than the share (the retail premium on physical silver vs. paper silver), the short interest would INCREASE as shares were converted into tokens. And since there are currently more "shares" of silver than there are bars of silver in the vault, the shorts can be caught with a literally illiquid market that has nothing to buy.
Zero. Zilch. No silver available.
The doomsday scenario (for paper silver holders and writers) is the following combination:
COMEX warrant holders who try to demand metal that doesn't exist will literally break the market.
The CBOE will probably step in and decide to force settle the contracts for cash at the last known good price, and COMEX paper warrants will cease trading forever.
The physical market price will then be disconnected from the paper market, and $SLV as an exchange traded product will stand (mostly) alone as the new "paper" market for silver.

SO WTF DO I DO? [NOT FINANCIAL ADVICE]

Well I could always buy physical silver, if I can stomach the premium and wait 8 weeks for it to show up. Or, I could just get long on $SLV. Since I believe that $SLV will stand alone after the dust settles as the one true claim on bars in the vaults, I could be long the actual $SLV ticker in several ways:
If I wanted to maximize my contribution to the Gamma Squeeze, I'd probably buy as much Delta/$ as I could get using weeklies, which would be 2/5 $26.5C or 2/12 $28C
(Max delta/$ calculations: https://i.imgur.com/Az3o85v.png and https://i.imgur.com/eRPQo6k.png)
Current open positions for me are: (https://imgur.com/vWZrziG)
Footnote, all the pictures I think I used, in case i missed something: https://imgur.com/a/0sqcMFr
submitted by jobead to wallstreetbets [link] [comments]

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