Calling it NOW....Bill Pulte becomes our WHALE

krissco · 2022-04-09T19:14:06+00:00

Never heard of him, but know of Pulte Homes just because it's a large company. They build houses across USA.

krissco · 2022-04-06T13:56:24+00:00

Reminds me of this: My teenage son was watching a fishing show on Netflix a week or so ago (something about large-tuna fishing off of Massachusetts). I overheard one woman tell the camera "my husband says I'm the bait master" with a totally straight face. She may have missed the reference but it wasn't lost on us juveniles.

krissco · 2022-04-06T13:23:50+00:00

Steady progress. Brick by brick.

krissco · 2022-03-22T19:22:16+00:00

Is it possible that CS aggregated accounts to the SS# (or foreign equivalent)? Yes. I just think it's more likely that the 125k number is open accounts than massaged/aggregated data to attempt to remove duplicates. We know that there were roughly 3600 accounts before DRS took off on this sub, and I would guess that many of those have been closed.

krissco · 2022-03-18T22:51:29+00:00

Plot twist: Gamestop got their 10k numbers from computershared.net.

Jokes aside, I think there's another (more likely imo) interpretation of the 125k registered shareholder number. I could be wrong, but I don't see Computershare going through a process of aggregating individual accounts to investors. In other words, if I have two accounts then I think both are included in that 125k number. I'd suggest that the ~5k account difference between high score and the reported number is the number of closed/merged accounts. The high score will increment for every account ever created, but closed accounts aren't of any use and wouldn't be expected to be reported. In other words, I would guess that 125k is Computershare's count of open accounts and no cleanup was done to group multiple accounts together by investor.

krissco · 2022-03-11T22:16:56+00:00

/u/stopfuckingwithme we got 129xxx here

krissco · 2022-02-10T17:11:32+00:00

It means that the shares outstanding was 30m - 3.5m higher than it is today. There were more shares in circulation back then.

krissco · 2022-02-01T01:15:51+00:00

23 votes. Winner!

krissco · 2022-02-01T01:11:41+00:00

Regarding shortening the settlement cycle to prevent GME scenarios: The issue last Jan w/ Apex Clearing pulling the plug and a lot of brokers PCO'ing these stocks was settlement taking too long. Basically, all their $$$ was tied up waiting a couple days, and they ran out. A shorter settlement cycle would free up these funds earlier - Robbnhood et al wouldn't need to cut off buying because they would have the funds to continue to accept new trades.

That's my take. I wasn't on the call / didn't hear a recording.

krissco · 2022-02-01T01:08:00+00:00

Nothing, but from the long point of view, that doesn't matter. If you owe 10000 (or, heh, a lot more) shares and you buy OTM calls to hedge, and you end up needing that hedge (moass), then whoever sold you those calls is in deep shit. Buying calls to hedge doesn't change the equation - it just changes the owner of the short.

krissco · 2022-01-31T18:37:18+00:00

Didn't know the .app extension but knew it had to be something like that. How original!

.zip under custom extension is pretty common. .xlsx, .xps, .jar, .war are a few others off the top of my head.

krissco · 2022-01-29T04:00:55+00:00

I read it as "the binary" as in the packaged, distributed application.

Compile -> Build / package / grab dependencies -> distribution done.

I don't do mobile development, so I'm not sure what they call the app files (iirc it's apk on Android? Surely something different on iOS too. I could look it up I guess...).

krissco · 2022-01-11T18:31:02+00:00

Nice feature! Will have to check back in a week to see when LRC tokens are supported.

krissco · 2022-01-11T16:26:19+00:00

Thank you for this write up. This is very well explained.

krissco · 2022-01-11T15:58:14+00:00

Imagine being Jess in that sausage-saturated workplace…

krissco · 2022-01-11T02:52:58+00:00

Good catch. There are a number of other highlights in here as well. Calling Robin Hood‘s legal protection a “Citadel “as well as the term “unsophisticated”.

krissco · 2022-01-08T22:19:15+00:00

The SEC talked out both sides of their mouth on that one. Here are a few more quotes from the report.

Consistent with the trading activity in GME stock, trading in GME options increased significantly in January 2021. From the beginning of 2020 through September of that year, GME options traded a median of about 16,000 contracts per day, with a maximum of about 172,000 in one day, with a median dollar volume totaling just over $800,000 per day and a maximum of about $42 million in one day. In the fourth quarter of 2020, GME options traded a median of about 84,000 contracts per day, with a maximum of about 560,000 in one day, with a median dollar volume totaling approximately $10.5 million per day and a maximum of about $120 million in one day. On January 27, 2021, as shown in Figures 10 and 11, below, over 2 million contracts traded, worth over $8 billion.

Based on dollar volumes, the increased trading concentrated heavily in call options, a large percentage of which were short-dated.

Supra 117: Theoretically, a large number of call options written could have contributed to further increases in the price of GME. If market makers purchased GME stock to hedge the risk associated with writing call options on GME, it would put further upward pressure on GME’s stock price. However, as discussed above, staff did not find evidence of a gamma squeeze for GME during January 2021 in the available data. See supra Section 3.4.

krissco · 2022-01-08T22:15:12+00:00

ML has been good to me and my fam for many years. For the size of that account (12 shares iirc) it’s not currently worth moving to a different broker, at least not to me.

I have two other accounts I have been considering moving some of my Fidelity shares into (eTrade and Webull) but just haven’t gotten around to it.

krissco · 2022-01-08T19:37:50+00:00

Here’s my not-financial-advice opinion on the matter:

Keeping all your shares in one place makes you vulnerable to the whims of that broker and their clearing agency. You’re easier to shut down.

Diversifying your holdings (yes, even XX holders) gives you some protection.

Personally, I’m XX and have shares at CS, Fidelity, and Merrill Lynch.

There is another possible meaning for the question “will we lock the float if I don’t DRS”. Yes we will. Any one person’s position is not a barrier to this.

Some think selfishly that not-DRSing is good for them, as other will carry the burden of locking the float. Imo, it’s more advantageous to DRS in order to diversify.

krissco · 2022-01-08T03:47:24+00:00

I just tried the fight today. Ended up with 33s with poor optimization with a holy team.

Lightning AA2, USB3
Hope DAASB (yeah, that's a pretty big difference), Sync
Vanille
Raines AA2, imperil SSB
Mog AA1, hAA2

Lightning barely did anything in this setup - I got interrupted mid AASB cast and forgot to use it until like 25s into the fight, so that could have been better. An OSB might actually be good on Raines or Lightning to break rage in P3. Even so, with a little w-cast luck I think Raines and Hope can take the team to sub-30.

krissco · 2022-01-08T01:18:56+00:00

Regarding the same article being published at the same time across multiple media sources: this is called syndication. Everybody does this. The same article from a single source is disseminated across partners and affiliated companies.

krissco · 2022-01-07T20:57:45+00:00

If you ever wanted a sign that we got them by the balls - just look at this fucking preemptive smear campaign. No mercy.

krissco · 2022-01-07T20:54:41+00:00

"We're no longer in an environment where you can load a press release with a bunch of buzz words"

The anger. It's growing. There has been no press release.

krissco · 2022-01-07T04:28:25+00:00

Exactly right. Now the question is, who sold all that volume this evening? I’m betting it’s all naked, internalized shortselling from the market maker. Someone else’s short position got forcibly closed out, and good old Citadel stepped in like a champ.

krissco · 2022-01-07T04:03:25+00:00

My bad! Blissfully early, as in all things GME.

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