I haven't! Whilst despicable it also doesn't surprise me one bit (also quick note - the above twitter account sadly isn't perfect - there's usually a few days delay between the purchase and the disclosure which will eat into some of the profits but should still hopefully be a useful tool)
Lots of fcukery yesterday at opening timed together with the usual "GME is dipping, heres why" articles on the financial websites. Blatant crime going on. Ryan Cohens tweets are getting more bold and more or less calling people out now. They wont take him to court over it as they know what the discovery process will do to them. This saga isnt done by a long way yet.
Been trialling some interesting strategies recently - the post I made about the US Lawmakers on the previous page was interesting, but as they often file weeks or months after buying the shares I found any edge was long gone. However I found this website http://openinsider.com/ that shows when someone high up in a company buys shares in their own company. It shows when they bought the shares and when they filed. I realised that if you look for purchases that were made on the same day (or the day before) and filed after the markets had closed, when the markets open there should be a bounce in price. Because all this info is out in the open, it meant it was possible to do a back-test. So I went back over the past year, there were 300 or so trades that matched the criteria: >Filed after markets closed >Trade date was within 1 day of the filing date I then compared the open price of the next day and the close price of the next day - buying 1 share in every single trade that matched that criteria ended in a slight profit (0.81%) overall which outperformed the global all cap index fund (-3.81%) in the same timeframe. However, I feel that there'll be some fluctuations during the day and it'll be possible to sell for more profit during the day rather than just religiously waiting until the markets close. So i've been trialling it, over the past 3 weeks i've placed 13 trades, have sold for profit during the day in 12 of those trades (and sold at a loss for the last one at the end of the day). So far I'm up 1.53% on that, it's not gonna make me rich by any imagination but will hopefully be a nice system to complement my other money making schemes!
You mean each individual trade makes on average a 0.81% return in one day? Assuming you buy after the market closes, then sell after it reopens on the next day?
Nah, overall the strategy made 0.81%, not amazing and pretty unexciting but also not bad in a bear market. I buy at market open (2.30pm here) then sell at market close (9.30pm here) if I haven't already taken a profit during the day. I think I can comfortably outperform the 0.81% by monitoring the price during the day and taking profit where I can rather than waiting until end of the day.
I only back-tested it over a year (so up until late june 2021), if I get time this week I'll go back and test it further, 2020 would be an interesting year to test it to see how it dealt with the covid crash and the subsequent bull market that then followed later that year.
https://old.reddit.com/r/Superstonk/comments/wr0qrg/wow_seanbeesea_owned_by_their_own_guest_ryan/ Paid shills, good to see though, yet again showing their masters are worried.
You do not own your shares and the stock market is run on an I.O.U. basis. Needs to move to blockchain ASAP, NFTs would prove ownership and hundreds of stocks would not be oversold with phantom shares all over the place. Price movements would be based on real things like the fundamentals of a company rather than short sellers in dark pools running algos to make huge profits off the back of nothing. Same as crypto, if it isnt in your own wallet then you probably dont actually own it.
https://nitter.poast.org/TheRoaringKitty He came back May 13th, scroll back to then. All planned, no way is he working alone.
@cyaninternetdog , if you could post one in English every now and again it would be much appreciated.
How much do you know about the Gamestop saga from Jan 2021 and short selling hedge funds? DRS? Fake shares?
https://www.investopedia.com/terms/e/etf.asp https://www.investopedia.com/terms/b/blackswan.asp They are wrong to say it is an event that cant be predicted. DD library https://fliphtml5.com/bookcase/kosyg https://nitter.poast.org/TheRoaringKitty/status/1790774146994966570#m Ignore the crypto bots in the comments.
A week where the share price of GME went from $10 to $80 then back to $20 ON NO NEWS!!! Roaring Kitty aka DFV came back on Mothers Day in the US (12th May) and tweeted all week to allegedly signal that the Mother Of All Short Squeezes (MOASS) is close. Gamestop announced it was a holding company. Financial media was still imploring people to "FORGET ABOUT GAMESTOP" Then the Gamestop board did this yesterday https://old.reddit.com/r/Superstonk..._all_just_got_fooled_this_offering_is_not_as/ Gamestop will be a direct registration company only which means shares will not be sold on the open market. Short hedge funds have over sold shares at the very least 10 times but it could be as high as 200 times. Short hedge funds will be forced to buy back all the fake shares on the open market that have not been direct registered. Gamestop have only been allowed to report 25% of their shares have been registered due to the other 75% being accounted for. The latest theory is that the tweets referenced movies that are in the thumbnails to live streams Roaring Kitty did on youtube before, during and after the squeeze of Jan 21 https://www.youtube.com/@RoaringKitty/streams Roaring Kitty aka DFVs last tweet from lastnight https://nitter.poast.org/TheRoaringKitty/status/1791559313883844621#m The mother ****ers will never forget Gamestop, never.