BIG NEWS! This is Why AMC Price is Extremely High Off-Exchange! Hedge Funds Route Orders to Dark Pool, BUY Them for Several Hundreds-Thousands PER SHARE, Take Them Back to NYSE & List Them for Dirt Cheap to Artificially Keep the Price Down. BOOM! CASE CLOSED!
Did research into this, and holy shit this is mind blowing. Had to share it with y’all. Everything we have heard about the second book AMC off-exchange price from people like CFA Peter Hann and Wes Christian, reports of AMC trading for several times the amount off-exchange, it’s true. Many would ask me why, and to be honest, the best answer I could think of was that institutions probably needed real shares for their balance sheets. But this makes MUCH more sense.
Check out this Ape’s DD [edited for compatibility] from SuperStonk (Credit to u/TheDude0007 ):
So, I saw this bid come in at the end of the day –
2500 shares for … $1.10 – One dollar and ten fucking cents! The Order came from MEMX. MEMX? I did a bit of digging and here are a few screenshots of what I found…
Members Only Trading for Institutions. Why would they use MEMX?… Well Here is a list of Codes, and their corresponding transaction fees. They are all pretty fucking sketchy but code “Z” is the one I found to be most disturbing – “Routed To Another Market , Removed Liquidity” … Fucking scumbags….
So who funds this operation? Well apparently everyone….
Do this infuriate you? It Should….
Another interesting tidbit I came across today is PYTH. ( https://pyth.network/markets/#GME/USD ) A network that tracks trades in real time using blockchain encryption – Check out the price for GME….
Credit ST user SKEEBO
WOAH! – 2500$ and has traded for as much as $5000 WTF?!
Guys – Check out the month view on the PYTH link. Also keep a close eye on it day in and day out… It will be able to tell us in real time when the Darkpool price spikes.
It is spiking at times of critical mass. When the stock is about to make a major move,For Instance – today when we breached the heavy resistance level of 164, very briefly , and on Monday, darkpool prices spikes well into the thousands – They buy at those prices, and then re route the orders – probably going through MEMX (im sure there are others, but MEMX seems to be the Big One) until it is supressed. CLEARLY someone is paying BIG BUX for those shares at time of critical mass – presumably to buy them in the dark pools for 2-5K a piece and then Bid them for 1.10$ on the NYSE. to supress liftoff.
But Wait, theres more…
Last but not least – Aug. 12 @ 2:10 PM CST there were attacks on GME & AMC. Here is a comparison of AMC & GME price action just as the MEMX bid came through – corresponds perfectly with a coordinated ladder attack
Credit a different ST User who I cant find ATM, but will update later when I do.
PYTH is VERY LEGIT and I think it can be a very valuable tool moving forward.
I HOPE I WAS ABLE TO PROVIDE YOU GOOD PEOPLE WITH GOOD INFO. I love you retards. Seriously I love you crayon eating, banana up the ass taking , wife’s boyfriend having , drooling on yourself asses to the moon and back.
Be good to each other, retards. BUY SHARES STAY AWAY FROM WEEKLIES – I have to go tend to the garden because my wife is in the house getting Plowed by her boyfriend
– im not even allowed to watch 🙁 – and fuck me, these tomatoes won’t grow themselves!
WHAT THE FUCK , KENNY?!
EDIT – Here is an interesting article on MEMX that was shared w/ me by u/deenatt –
EDIT #2 – IN REGARDS TO PYTH – I guess in my haste to get this info out, I did not address the disclaimer “The data is published on a testnet / devnet site and are experimental”. Although, In my humble and speculative opinion, It is just that a disclaimer – similar maybe to “This is not financial advice. I’m not a financial analyst”? Again, I am speculating here. Furthermore, though ….
**”********** I remember when all this was taking off after January, a random user with a since-deleted account — who claimed to work for a big SHF and would have been very sketchy except for the specific, accurate details he provided — said something along the lines of “you guys are starting to figure it out. But I promise you this: you haven’t even found 5% of the ways we’re cheating yet.”
And what have we discovered since that time? Married puts. Deep ITM calls. The FTD cycle. Dark Pools. Algorithmic patterns. So much more —
And today, MEMX and PYTH.
The big picture question, as it’s always been, is “do you believe the hedge funds have somehow gotten far less corrupt since 2008, or are they as corrupt as ever, just with far more tools at their disposal?”
Nevertheless, brick by brick, piece by piece, we’re figuring it out.
For the first time, there will be a comprehensive, data-driven analysis and summary of all the ways the hedgies are cheating, and all the f*****-up things they’ve been doing to steal from regular people for a decade.
This will change Wall Street forever.
So OP? Please accept my thanks, on behalf of the above commenter and all of Superstonk.
This is an indescribably important piece of the puzzle.
EDIT: holy shit, I checked and it it corresponds exactly. To the minute. Before each price drop — what we’ve been calling a “short ladder attack” — the price spikes anywhere from $600 to $800. Literally the minute the price has fallen down to a “safe” level, the dark pool price sinks back to $162. You can see for yourself, check out what happens between 11:29 and 11:44. This is insane. Probably the single best piece of DD to come out in recent memory.
EDIT 2: I’m down the rabbit hole now. I looked up the CEO of MEMX: Jonathan Kellner, who was formerly the CEO of Instinet, where he worked for 11 years. Instinet, by the way, was founded in 1969, where it helped pioneer the art of computerized trading — and also LITERALLY CREATED THE DARK POOL.
Seriously. Google “who created the dark pool” and see for yourself.
Guys, I can’t emphasize this enough. THIS IS A FUCKING HUGE DISCOVERY.
A closer look on how this has been used to keep the AMC price down at critical periods of FOMO (e.g. after the AMC Earnings Report on August 10):0:002:43
This would also explain why there were reports of AMC shares being routed to Dark Pool and traded for thousands, only to be sold for much much less on NYSE:
This could ALSO be a possible explanation to ‘glitches’ we’ve seen with the AMC price before with many brokerages/sites displaying that the AMC price is at thousands.
Now take a moment and think of this. Hedge funds would rather route orders to dark pool and buy shares for thousands just to have them for themselves and sell back on NYSE for much less than the bid to artificially crush the price. This demonstrates 2 primary factors:
- The market manipulation going on here is WAY more insane than we realized.
- If Hedgies are willing to pay thousands per share right now off-exchange just to push the price down, it could mean they’re trying to prevent themselves from buying shares at a much higher point (the 6 figure price level) in the future when the MOASS happens, because they are afraid it’ll go that high if they don’t continuously suppress the price via dark pool.
Again, this is a massive breakthrough! Please spread the word about this, Apes.
Apes Together Strong!!! 🚀🚀🚀
You can see more about this on a video put out by Simulate and Trade here:
This article has been reproduced without editing, and posted by user Posted byu/einfachman on 15 August 2021 on Reddit. Apes Army take no credit whatsoever for it, nor do we endorse any of the contents. This is not financial advice. Do Your Own Research as always.