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AMC to the MOON!


keylime
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And here's the story behind the meme

 

 

 

Billionaire hedge fund manager Ken Griffin has left Faena House.

The founder and longtime CEO of Chicago-based Citadel sold his remaining penthouse at the ultra-luxury Miami Beach condo building, a three-bedroom, 4,243-square-foot unit, for $11.2 million. It was on the market for $12.5 million.

 

Griffin, a Daytona Beach native who has amassed a huge residential land portfolio in Palm Beach, paid $60 million for two penthouses in the building in 2015. The purchase was considered a record for residential real estate in South Florida at the time, but the units were never combined.

He sold the larger unit, a four-bedroom, 7,433-square-foot condo, in December for $35 million. That means he sold the two for about 23 percent less than their combined purchase price, incurring a loss of about $13.8 million on the properties.

In the latest deal, Ryan Mendell of Maxwell E. Realty represented Griffin and Cyril Matz of Douglas Elliman represented the undisclosed buyer, according to Realtor.com. Both agents declined to comment.

The 44-unit, 17-story Faena House at 3315 Collins Avenue, was developed by Alan Faena and investor Len Blavatnik and opened in 2015.

Last year, the condo association sued the building’s developer, general contractor and subcontractors over a litany of alleged construction defects, including cracks in the concrete and stucco and plumbing, electrical and HVAC issues, according to the lawsuit.

Some owners at Faena House, including Griffin, had also opposed the planned development of a hotel and condo project next door, which Blavatnik and developer Vlad Doronin are partnering on.

 

Citadel Securities, a subsidiary of Griffin’s Chicago-based hedge fund, began operating a temporary trading room in Palm Beach at the start of the pandemic.

On Miami Beach’s Star Island, Griffin has spent about $95 million acquiring land, and in Palm Beach, he’s paid more than $350 million to assemble properties for a planned estate.

He owns pricey real estate around the world, including in Manhattan, Chicago and London.

 

 

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55 minutes ago, md11fr8dawg said:

So how much silver do we need for this coming squeeze LGD? And does it have to be physical silver held in our possession?

Owning Silver really isn't about any squeeze as it were. That will happen now no matter what. Those poor souls thinking all of this is a joke are going to be very sorry. And I mean REALLY SOON. 

 

If you want to survive with as little pain as possible, buy as much Silver as you can afford, NOW! 

Believe me when I tell you, the cracks are beginning to show in all the financial markets. Then SUDDENLY everyone will wake up in a much different world than today. A world filled with a lot less compassion. 

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1 hour ago, bkeiller said:

Ready for any dips this week. Picked up some this morning at $61 to bring my holdings up to 1000.

Boom! This is going to be a crazy ride.

HODLing!

 

Watching like a hawk for more buying opportunities. Last Monday, I bought in early and it went up fast and stayed. This Monday, it is the other way around. Still up. Still HODLing. Still buying. Bought more at $56.

 

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People don't let today dissuade you in the last. This was a last dich effort by the Hedgies and Brokers to scare you off. The Forced Margin Call rule was approved today and will be implemented on Wednesday. That is going to have a massive effect in our favor. 

 

Watch "AMC LIQUIDATIONS AND AUTOMATIC MARGIN CALLS! - NSCC-002 APPROVED!! - (Amc Stock)" on YouTube

 

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Tomorrow will see more major short attacks, as if that is going to change the inevitable outcome of this beautiful blessing. LOL!

Things are lining up incredibly perfect for us Apes as evidenced by that utterly fruitless failure of a ladder attack that only caused Apes to buy more. They are in such panic mode they don't know what to do but double and triple down on what they have been doing. Pitiful really. They've been the bully on the block for so long they don't know how to go down gracefully. So they will go down the way they deserve. Hard and fast.

 

They spent tens of millions if not hundreds of millions to get AMC to tank and they could only get it to fall five to six bucks. I mean, as LADY above states, this thing could get really interesting on Wednesday when the 002 regulation takes effect. If this is truly enforced without prejudice the end for them is near. That's why we saw one of the most aggressive short attacks since this thing began. And funny enough, it wasn't just AMC. Compare GME today and you will see they were mirror images of the same attack. I mean, c'mon, manipulation defined right there.

The old adage, "Never let them see you sweat" they apparently never heard before, because you could mop the floor of Citadel with their sweat.

We couldn't be in a better position. Just Buy, Hold and Share. That's it. And enjoy the fire sale if you are able. 

 

Apes Stronger Together!

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20 minutes ago, keylime said:

Also did you see Crypto currencies take a huge tank today?? Along with crooked Kenny selling his condo for 11 million that he paid 30 million for sure makes it look like people and these crooked hedgefunds are bracing for some major liquidity being needed very soon!! Atleast that’s what I am hoping for can we all say MARGIN CALL TOGETHER NOW!!! LoL

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