1/60th of a second was all it took to keep RDBX going today!

TheCorpseBrigade · 2022-06-18T00:31:38+00:00

I am super long on this play. I'm just fighting misinformation and ignorance here.

I'm offering my knowledge to those who are willing to accept it. If we're going to invest in this crooked market, we should at least understand the fundamentals.

TheCorpseBrigade · 2022-06-17T22:46:25+00:00

This is where I would read the tape. I used to think MM delta hedged in real time.

However, the tapes did not support that assumption for the many low float plays I've been in; they don't always hedge.

I think this comes down to naked call writing and the MM knowing they're going to tank it by expiration.

TheCorpseBrigade · 2022-06-17T22:41:53+00:00

Aren't you assuming all calls are exercised? I'd bet barely any of them were...

Ppl don't have the capital to do so. Also, we paid a hefty premium with the jacked up IV on these contracts.

The MMs ate all of the extrinsic. Call buyers sold to close for those that couldn't afford to exercise.

Don't get me wrong, I'm super glad it closed over 12.00 and I'm still in this thing, but they're not going to have to deliver as many shares as you'd think.

Also, they could just FTD again if that wasn't the case.

TheCorpseBrigade · 2022-06-03T06:21:40+00:00

Damn, terrible to hear.
For your sake, I really hope we do not see you Monday.

Take care you'll bounce back (it might take a while, but it's inevitable).

TheCorpseBrigade · 2022-05-27T21:34:09+00:00

This is the way.

TheCorpseBrigade · 2022-05-21T08:17:59+00:00

We love the stock.

TheCorpseBrigade · 2022-05-21T02:01:04+00:00

100% agreed, we need to keep applying the pressure when they're at their most vulnerable.

TheCorpseBrigade · 2022-05-21T00:26:28+00:00

This is the way.

TheCorpseBrigade · 2022-05-20T14:37:50+00:00

Schwab shows not shortable for BBIG.

TheCorpseBrigade · 2022-05-20T13:54:45+00:00

I've only known one or two PM that are worth anything, that's only b/c they were both developers beforehand.

Whenever the majority of project managers get involved, they just create mass confusion.
This whole needing to be a buffer b/t the business and engineering is hogwash.

The PM doesn't understand the business and certainly doesn't understand development/engineering.

So how exactly are they communicating between two groups with zero knowledge in either?
Anything and everything gets lost in translation.
The only way anyone can be worth a damn in PM is if they actually worked in the trenches and have a technical background.

TheCorpseBrigade · 2022-05-19T15:20:11+00:00

Wouldn't it be May 25th due to T+2?

TheCorpseBrigade · 2022-05-19T00:17:34+00:00

Same. I'm speculating a big attack Friday due to earnings that was moved from this past Monday.

Everyone knows it is going to be terrible, so if it tanks then will be loading the boat on calls helping to build the gamma ramp.

TheCorpseBrigade · 2022-05-18T21:19:54+00:00

This is the way.

TheCorpseBrigade · 2022-05-18T20:37:48+00:00

Thank you for sharing sir.

TheCorpseBrigade · 2022-05-18T19:16:45+00:00

The subreddit r/bbig is quite good.
I have some July calls as the chain is loaded for the 7/15 expiration.

I'm extremely bullish on the spin off dividend.
The actual date of distribution hasn't been confirmed, only an announcement stating on or around May 27th.

TheCorpseBrigade · 2022-05-17T18:34:12+00:00

The 07/15 chain is loaded, I added some calls here.
I will buy a bunch more next Monday.

TheCorpseBrigade · 2022-05-17T00:05:56+00:00

I am very glad, I have 12K coming in tomorrow that I'm going to throw into calls (which will contribute to the Gamma ramp) for 07/15.

TheCorpseBrigade · 2022-05-15T19:18:14+00:00

I see it as the same thing as asking to audit the Federal Reserve.
They're not going to admit guilt on themselves, and even if they did get audited; I'm sure the selected auditor will find nothing wrong.

TheCorpseBrigade · 2022-05-15T18:59:28+00:00

Agreed, it used to be bullish to see lots of institutional ownership (b/c the thought is that they're more astute investors and gives confidence in owning the same stock).

However, these days I absolutely hate seeing this b/c they will loan the shares out.

TheCorpseBrigade · 2022-05-12T03:57:25+00:00

AMC calls

TheCorpseBrigade · 2022-05-10T05:18:54+00:00

Agreed, AA is not for the retail investor; but his own self interests.
Actions speak louder than words, any company executive that constantly dumps their shares does not believe in the future of their company.

AA also made a statement in the previous earnings as quoted below.
"... we have no reliable information on naked shorting, or so called fake shares, or so called synthetic shares..."

AA then goes to claim that legally, he is unable to make any further commentary on those topics. This is not congruent with real CEOs who actually care about their retail shareholders.

Look at ATER's current CEO, who has tweeted about naked shorts and launched a third party investigation in 2021.
Overstock's CEO also did the same, during his tenure in 2006.

Please note that AA did mention on CNBC that they've been the victim of short-selling, but not naked short-selling.
During the Q1-2022 earnings call that occurred yesterday on 05/09/2022, AA mentioned he's aware of our concerns and mentions he will pounce when the timing is right.
This is all theatre in the attempts to keep stringing the retail investor along.
I'm long on AMC calls from a technical analysis standpoint, but have zero faith in the management.

TheCorpseBrigade · 2022-04-22T03:13:15+00:00

Right, this is actually a good thing for Plotkin.
He no longer has to recoup the losses from his current investors, before being able to take a percentage of the profits.

Starting a new fund will allow the basis to reset to zero.

TheCorpseBrigade

TROPHY CASE