bkeiller Posted July 15, 2021 Report Share Posted July 15, 2021 Apes in capes hiring the best lawyer to advise on taking on the hedgies. 2 1 4 Quote Link to comment Share on other sites More sharing options...
bkeiller Posted July 15, 2021 Report Share Posted July 15, 2021 Apes aint leaving! 3 Quote Link to comment Share on other sites More sharing options...
keylime Posted July 15, 2021 Author Report Share Posted July 15, 2021 1 hour ago, pokerplayer said: Looks like after hours trading bumped it up to $38.98. Going to be an Interesting Friday folks !! pp 3 2 Quote Link to comment Share on other sites More sharing options...
pokerplayer Posted July 15, 2021 Report Share Posted July 15, 2021 Have you ever noticed when watching a video someone posts you keep watching some of the other videos showing after your original ? I think the last one I watched was how to talk to a Giraffe in french... LOL pp 6 Quote Link to comment Share on other sites More sharing options...
jg1 Posted July 16, 2021 Report Share Posted July 16, 2021 (edited) 7 hours ago, txwWrestling said: I hope it turns up! Esp when my wife said you should sell at $70 lol Depends if she just wants a new pair of shoes or a new life, with a new everything except a new husband of course. Edited July 16, 2021 by jg1 6 2 Quote Link to comment Share on other sites More sharing options...
markb57 Posted July 16, 2021 Report Share Posted July 16, 2021 another Uncle Lou. No bad language 1 3 Quote Link to comment Share on other sites More sharing options...
markb57 Posted July 16, 2021 Report Share Posted July 16, 2021 late night Lou,,,,, *****bad language***** 3 1 Quote Link to comment Share on other sites More sharing options...
MyLadiesDaddy Posted July 16, 2021 Report Share Posted July 16, 2021 11 hours ago, markb57 said: yeah, well, there is that. Nothing better than a 1/2 mile long driveway.....😉 Actually, I was thinking more along the lines of a 10 mile "dirt" driveway. And raising a small pack of wolves to protect the outer perimeter. 5 1 Quote Link to comment Share on other sites More sharing options...
bkeiller Posted July 16, 2021 Report Share Posted July 16, 2021 Some good FTD stats on this video. The mechanism used to steal are being laid bare. Our bananas on the tree are beginning to fatten up. They will ripen ... 😂 SOON! 😂 6 1 Quote Link to comment Share on other sites More sharing options...
bkeiller Posted July 16, 2021 Report Share Posted July 16, 2021 A benchmark-beating robot thinks AMC will outperform Facebook and GameStop. It likes these other stocks, too. Published: July 15, 2021 at 7:01 a.m. ET By Jack Denton 1 AMOM, an artificial intelligence-driven fund, also ditched shares in another meme stock in July. AMOM, a fund run by artificial intelligence, likes AMC stock. An exchange-traded fund run by artificial intelligence bought AMC stock at the beginning of July, preferring shares in the cinema chain and retail investor favorite over the likes of Facebook or Walmart. SCROLL> The Qraft AI-Enhanced U.S. Large Cap Momentum ETF, trading as AMOM AMOM, -0.42% on the New York Stock Exchange, removed some major technology and retail stocks from its portfolio this month as it shifted to focus on pandemic trades and reducing volatility. Facebook FB, -0.91%, Walmart WMT, +0.08%, Home Depot HD, +1.09%, Adobe ADBE, -0.44%, and Texas Instruments TXN, -1.58% together represented around 28% of the fund’s holdings in June, but all five stocks were completely removed in the latest rebalancing at the beginning of July. The artificial intelligence controlling the fund believes these stocks will see price declines across the month. The standout among the stocks added in July was AMC AMC, +7.69%, the cinema chain that along with GameStop GME, -0.48% has epitomized the “meme stock” trading frenzy in 2021. Also read: Don’t ignore these 3 changes to investing highlighted by GameStop, BlackBerry and AMC, says top economist A flock of investors, largely organized on social media platform Reddit, helped squeeze hedge funds’ short positions on companies including GameStop and AMC earlier this year. The trading frenzy caused multibillion-dollar losses for hedge funds, unbelievable gains for individuals that timed it right, and ushered in a new era of internet-inspired trading. AMC’s stock price rose 570% from January 20 to January 27—from nearly $3 a share to almost $20. Shares in the group are now up close to 1,500% so far in 2021, trading around $33. And now the AI calling the shots at AMOM thinks the stock will move even higher in July, buying enough shares to make up 1.8% of the fund. Bringing AMC into the fold came as the robot ditched fellow meme stock GameStop, which was added to AMOM in May but booted out after the stock fell more than 14% in June. “Qraft’s AI model is not specifically designed to invest in meme stocks, but rather in stocks with high capital appreciation potential,” Geeseok Oh, a managing director at Qraft and the head of its Asia-Pacific business, told MarketWatch. “AI is not swayed by prejudice or bias and may pick up meme stocks if the momentum seems highly positive,” said Oh. “This month, our model found AMC more opportunistic than other meme stocks like GameStop.” Plus: Here’s how much bitcoin is worth, says JPMorgan, as crypto faces this summer headwind The top five stocks by portfolio weight added to AMOM in July include retailer O’Reilly Auto Parts ORLY, +0.41%, software group Cadence Design Systems CDNS, -0.92%, electronics store chain Best Buy BBY, +1.90%, biotech cancer specialist Seagen SGEN, +1.07%, and enterprise software developer HubSpot HUBS, -0.71%. After the fund was rebalanced, AMOM’s five largest holdings by portfolio weight were online dating group Match MTCH, +0.80%, cybersecurity company Fortinet FTNT, +0.18%, O’Reilly Auto Parts as well as rival AutoZone AZO, +1.08%, and retailer Kroger KR, +1.36%. “With Covid-19 reaching new peaks, the AI made trades related to the pandemic conditions,” Oh said. “Match Group is one of the beneficiaries of the pandemic with more people trying out online dating. Fortinet stock gained prominence with more and more governments emphasizing the importance of cybersecurity.” Oh also added that it was noteworthy that AMOM has decided to adjust its portfolio away from very big bets—in June, the fund’s top three stocks accounted for 21% of the portfolio, but now the top three stocks account for just 11%. “Given the volatile market sentiment, the AI seems to have adjusted portfolio and concentration to hedge against potential risks,” he said. AMOM has been listed in New York since May 2019, and has delivered total returns of 12% so far in 2021 and 42% in the past year—outpacing its benchmark, the S&P 500 Momentum index, which has climbed a comparable 34% since July 2020. The fund is a product of Qraft, a Seoul, South Korea-based fintech group leveraging AI across its investment products, which include three other AI-picked versions of major indexes: a U.S. large cap index QRFT, -0.50% ; a U.S. large cap dividend index HDIV, -0.10% ; and a U.S. value index NVQ, -0.71% NVQ. AMOM is an actively managed portfolio driven by artificial intelligence, tracking 50 large-cap U.S. stocks and reweighting its holdings each month. It is based on a momentum strategy, with the AI behind its stock picks capitalizing on the movements of existing market trends to inform the decision to add, remove, or reweight holdings. The artificial intelligence scans the market and uses its predictive power to analyze a wide set of patterns that show stock-market momentum. The entrance of AI-run funds onto Wall Street promised a new high-tech future for investing, though it hasn’t quite lived up to the hype yet. Theoretically, researchers have shown that AI investing strategies can beat the market by up to 40% on an annualized basis, when tested against historical data. But Vasant Dhar, a professor at New York University’s Stern School of Business and the founder of machine-learning-based hedge fund SCT Capital Management, argued on MarketWatch in June 2020 that AI-run funds won’t “crack” the code of the stock market. Advocating caution, Dhar said that it was difficult for funds underpinned by machine learning to maintain a sustainable edge over markets, which have “a nonstationary and adversarial nature.” He advised investors considering an AI system to ask tough questions, including how likely it is that the AI’s “edge” will persist into the future, and what the inherent uncertainties and range of performance outcomes for the fund are. https://www.marketwatch.com/story/a-benchmark-beating-robot-thinks-amc-will-outperform-facebook-and-gamestop-it-likes-these-other-stocks-too-11626346900 3 3 Quote Link to comment Share on other sites More sharing options...
pokerplayer Posted July 16, 2021 Report Share Posted July 16, 2021 Looking like we are going to bust $38.00 at the opening bell folks. Were in for an Interesting day !! Go AMC, Go Apes, Go pp 5 1 Quote Link to comment Share on other sites More sharing options...
keylime Posted July 16, 2021 Author Report Share Posted July 16, 2021 From Wes Christian the Attorney on the lawsuit against hedgefunds 4 Quote Link to comment Share on other sites More sharing options...
txwWrestling Posted July 16, 2021 Report Share Posted July 16, 2021 @keylime So a lawsuit has been started? Quote Link to comment Share on other sites More sharing options...
txwWrestling Posted July 16, 2021 Report Share Posted July 16, 2021 6 minutes ago, keylime said: From Wes Christian the Attorney on the lawsuit against hedgefunds Well I just sent him a quick email simply THANKING him lol....Let's see if he responses to me. lol GO AMC!!!!!! 4 Quote Link to comment Share on other sites More sharing options...
keylime Posted July 16, 2021 Author Report Share Posted July 16, 2021 12 minutes ago, txwWrestling said: @keylime So a lawsuit has been started? They are in the process he said in his interview with Matt Kohrs 1 1 2 Quote Link to comment Share on other sites More sharing options...
bkeiller Posted July 16, 2021 Report Share Posted July 16, 2021 It just keeps getting more fantastic! This has got to be the greatest swindle in the history of the World. No hyperbole! 4 Quote Link to comment Share on other sites More sharing options...
bkeiller Posted July 16, 2021 Report Share Posted July 16, 2021 30 minutes ago, keylime said: They are in the process he said in his interview with Matt Kohrs If this is allowed to play out, the lawsuit will likely: attract a lot of media attention put more pressure on the SEC bring it under public scrutiny by politicians vindicate the Apes make the diamond handed wealthy lead to possible government intervention at some point work for the folks who lost money on the stock I hope to be sitting on a sack of cash in the Caribbean and have nothing to do with the law suit other than watch, listen and learn years from now when it plays out. 1 5 Quote Link to comment Share on other sites More sharing options...
keylime Posted July 16, 2021 Author Report Share Posted July 16, 2021 1 minute ago, bkeiller said: If this is allowed to play out, the lawsuit will likely: attract a lot of attention put more pressure on the SEC bring it under public scrutiny by politicians vindicate the Apes make the diamond handed wealthy lead to possible government intervention at some point work for the folks who lost money on the stock I hope to be sitting on a sack of cash in the Caribbean and have nothing to do with law suit other than watch, listen and learn years from now when it plays out. I hope to come by and sit on my own sack of cash, tip back a nice little toddie, and join you for the beautiful view for a bit. Lol! 5 Quote Link to comment Share on other sites More sharing options...
bkeiller Posted July 16, 2021 Report Share Posted July 16, 2021 2 minutes ago, keylime said: I hope to come by and sit on my own sack of cash, tip back a nice little toddie, and join you for the beautiful view for a bit. Lol! Awesome! I will have some smooth MACALLAN in a tulip whisky glass ready to hand you to toast you. Cheers! 1 Quote Link to comment Share on other sites More sharing options...
Dinarrock Posted July 16, 2021 Report Share Posted July 16, 2021 59 minutes ago, keylime said: From Wes Christian the Attorney on the lawsuit against hedgefunds Great post Keylime and if this in fact is true then I don’t know what to say other then honestly we all would actually bankrupt the insurance companies that insure for the 67 Trillion!! Literally if they forced them to buy back all these naked shorts the floor would be over 1 million dollars per share it maybe 10,20,50,100 million dollars per share IF THEY ARE REQUIRED TO BUY BACK THAT MANY NAKED SHORTS!! Now here are my thoughts, once this comes out and Lou the foul mouth New Yorker maybe correct that they will somehow manage and mitigate the damage Mark my words folks, yes it won’t be fair but yes it will also make most everyone still to be multi millionaires!! They will force them to buy back ALL the real short shares including the synthetic shares that people hold which will still be a couple billion shares I bet but they will also REMOVE the Buy button not letting anyone Buy anymore shares when this goes down! The stock will still climb to ridiculous prices the longer people hold we should still see 100K per share but make no mistake they will absolutely not make them buy back 26 billion naked shares not matter how unfair any of think it is count on it! The question or answer the attorney really needs to find is how many shares are actually in ALL INVESTORS ACCOUNTS!! Just my thoughts for the day and hopefully we see this thing MOASS before this forum thread reaches a 100 pages!! Lol 1 1 1 1 5 Quote Link to comment Share on other sites More sharing options...
txwWrestling Posted July 16, 2021 Report Share Posted July 16, 2021 1 hour ago, keylime said: From Wes Christian the Attorney on the lawsuit against hedgefunds I think the more this type of news gets out, I think it's more gasoline on the fire and Apes going crazy and buying MORE it will just intensify! GO AMC! We may all be hanging out on Kenny Chesney's boat before hopefully not too long. lol GO AMC BABY! 1 4 Quote Link to comment Share on other sites More sharing options...
nannab Posted July 16, 2021 Report Share Posted July 16, 2021 53 minutes ago, bkeiller said: Awesome! I will have some smooth MACALLAN in a tulip whisky glass ready to hand you to toast you. Cheers! Move over kids because the rest of us will be right next to you both!!!! I will be the one with the cases of extra tulip glasses and what ever else I can carry. 1 1 2 Quote Link to comment Share on other sites More sharing options...
pokerplayer Posted July 16, 2021 Report Share Posted July 16, 2021 4 minutes ago, nannab said: Move over kids because the rest of us will be right next to you both!!!! I will be the one with the cases of extra tulip glasses and what ever else I can carry. To people our age everyone is a kid ! 😂 Pp 1 3 1 Quote Link to comment Share on other sites More sharing options...
jg1 Posted July 16, 2021 Report Share Posted July 16, 2021 (edited) 55 minutes ago, Dinarrock said: Great post Keylime and if this in fact is true then I don’t know what to say other then honestly we all would actually bankrupt the insurance companies that insure for the 67 Trillion!! Literally if they forced them to buy back all these naked shorts the floor would be over 1 million dollars per share it maybe 10,20,50,100 million dollars per share IF THEY ARE REQUIRED TO BUY BACK THAT MANY NAKED SHORTS!! Now here are my thoughts, once this comes out and Lou the foul mouth New Yorker maybe correct that they will somehow manage and mitigate the damage Mark my words folks, yes it won’t be fair but yes it will also make most everyone still to be multi millionaires!! They will force them to buy back ALL the real short shares including the synthetic shares that people hold which will still be a couple billion shares I bet but they will also REMOVE the Buy button not letting anyone Buy anymore shares when this goes down! The stock will still climb to ridiculous prices the longer people hold we should still see 100K per share but make no mistake they will absolutely not make them buy back 26 billion naked shares not matter how unfair any of think it is count on it! The question or answer the attorney really needs to find is how many shares are actually in ALL INVESTORS ACCOUNTS!! Just my thoughts for the day and hopefully we see this thing MOASS before this forum thread reaches a 100 pages!! Lol We dont need to bankrupt them. I will take payments! $100,000 a month or they can rot in prison, or both. Edited July 16, 2021 by jg1 3 3 Quote Link to comment Share on other sites More sharing options...
txwWrestling Posted July 16, 2021 Report Share Posted July 16, 2021 4 minutes ago, jg1 said: We dont need to bankrupt them. I will take payments! $100,000 a month or they can rot in prison, or both. That is NEXT level!!!! lol 2 2 2 Quote Link to comment Share on other sites More sharing options...
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