Author: u/rensole
[News š° | Media š±](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22News%20%F0%9F%93%B0%20%7C%20Media%20%F0%9F%93%B1%22&restrict_sr=1) |
Good morning San Diago,
I am Rensole,
I like lamp
insert flashy intro card
None of this is financial advice, Iām just an ape who found a typewriter with an internet connection
Melvinās story
So a lot of people have been talking about this one, Melvin is down 49% etc etc.
Remember this video from Cramer?
Now letās look at the news articleĀ here
āMelvin Capital, the hedge fund at the center of the GameStop trading frenzy, lost 49% on its investments during the first three months of 2021,Ā a person familiar with the matter said on Friday. ā
A PERSON FAMILIAR⦠ok sorry but Iām not believing this until I see some filings backing this claim up, just like Cramer said in the video that a hedge fund manager would create a narrative which was beneficial for them.
How is this beneficial for them? I would have no clue, but I would argue that they will find a way to make this beneficial.
The thing is when it comes to companies they canāt make false claims, but if they āleakā information to the press, those liable claims are gone as it was an āanonymous sourceā and they can still push a story without having to worry about any SEC/governmental litigation .
So when a news story comes out that feeds into your confirmation bias you should be just as sceptical about it as if it where to go against it. remember they know we would love to see a story like this and this could also help them spin a narrative that they want for example:
Melvin closed their short positions due to 49% loss
49% loss forces Melvin capital to take long positions which where short
And these are just two examples from the top of my head.
So again use Critical thinking and think, who would benefit from this, how would they, why would they do this, what could the possible outcome be of that?
Again itās fully possible this entire story is real, but I personally donāt trust it to be factual
Just keep an eye out I feel like there is a āmelvin coveredā story coming so stick with what we know, hodl.
Now this part is fully gut feeling.
For some reason Iāve been getting the back of my neck standing on edge, I personally feel there will be some new FUD coming something that will require the sub to DO SOMETHING FAST.
So everyone I know most people have a kneejerk reaction and want to help.
There isnāt a sense of urgency, so if someone comes here saying HEY DO THIS NOW! please donāt.
Question everything and everyone, be kind to one and other and continue to be civil, and move slowly and carefully.
DFVās latest tweet, just look at this beauty!
now letās go over this for a bit,
Exercise none
-let them expire worthlessly
Exercise some\
Exercise all\
If you want to add to the vote feel free to chime in if youād like to.
I personally hope heāll exercise all of them, just imagine if heād bought 500 at the press of a button, Iām actually wondering what would happen if he exercised the 500 order at once as one block, heāll get them for 12$ a piece so⦠for me itās a no brainer, if you could pay 1/10th of the current price or less to get something worth the same as the current stock would you? because I would
Will DFV? yeah most likely he bought at 45$ so why wouldnāt he get it at 12$
āIf you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle.ā
āĀ Tendieman Tzu,Ā The Art of War
So whatās with it?
It gives a more in depth look in who Kenny really is.
The FTD DD
A lot of people have been messaging me over the past week saying āTHE FTD DD IS GONEā
Nope relax guys, the site owner was updating the website and itās back online and updated to V14
Feel free to check it outĀ here
expect it. always.
Itās the BOAAAARD!
Awesome writeupĀ hereĀ going a bit more in depth on who is on the board, and itās always good to know the company you are investing with and who the people are who run it.
because the people who run it define the company.
EXCELLENT!
Be friendly, help others!
as always we are here from all different walks of life and all different countries.
This doesnāt matter as we are all apes in here, and apes are friends.
Doesnāt matter if youāre a silverback a chimp or a bonobo.
We help each other, we care for each other.
Ape donāt fight ape, apes help other apes
this helps us weed out the shills really fast, as if everyone is helpful, the ones who arenāt stand out.
remember the fundamentals of this company are great, so for the love of god if someone starts with trying to spread FUD, remind yourself of the fundamentals.
There is no sense of urgency, this will come when it comes, be a week, be it a month be it six.
We donāt care, just be nice and lets make this community as Excellent as we can!
Remember none of this is financial advice, Iām so retarded Iām not allowed to go to the zoo ācause theyāll put me in the cage with the rest of my ape brothers.
If anything happens throughout the day I will be adding it here.
backups:
https://twitter.com/HeyItsPixel1
https://twitter.com/warden_elite
https://twitter.com/RedChessQueen99
And Iāll be posting updates as they happen here: