DeepFuckingValue refuses to bank profits

I have not been following this shit, so don't bother with a rebuttal, but the guy obviously went back far enough to solve for the contracts needed to support the narrative. It's fake. He can't "sell" because the legit volume (someone else) would be represented on the tape... so he's waiting for someone on the street to dump his strikes, and it won't happen.

The result is that he rides his paper money position into the ground.
 
wiesman02 said:
But who in their right mind doesn't cash out at $47 million ?
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The one who holds this for 200MM. We do have hindsight, he doesn't. When he was up at 10 MM, would you have said the same, to cash out? Then the position would have never reached 47 MM.

I do agree, when GME was above 300 that was insane and time to take profits, but from his POV, if it could reach 300, then why not 500 or a 1000? And the previous week it ran up to 150, fell back 50% yet still went 300+ in the following days, so in a way who is to say this roller coaster won't continue?

The point is, it is hard to predict a mania's peak.
 
he should have cashed out even at 5, because at 10 or 47, you know you are in total BS territory, and if he had cashed out, all the other fools would have stop buying that crap, and it would have never reached 10 or 47

so his influence and his YT hyper hype, with him "holding" and not selling is exactly what the price went that high. If that's not market manipulation, then what is.
 
vanzandt said:
They first started trading on 12/9/19

410 contracts total traded in 2019.
On the 31st of Dec, someone bought 395 for between .64 - .75

And if that was him, there is no numerical way possible he averaged those down to .20
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The stock bottomed early April below $3, so that is when the cheapest those calls were. In December the stock was still around $6, so could he buy them around April for 20 cents?

Edit: TDA shows it traded at 15 cents on April 6th.
 
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vanzandt said:
2 contracts
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Can you check the days before and after? If he did buy those for 20 cents it had to be in the April 2-8 timeframe.

I don't see the volume but on the 7th there was still 15 cents traded.
 
Pekelo said:
Can you check the days before and after? If he did buy those for 20 cents it had to be in the April 2-8 timeframe.

I don't see the volume but on the 7th there was still 15 cents traded.
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I zoomed in closer.
He may have bought those on 2/18/20
550 traded at .20

The reason I missed it, that support line I drew covered up the candle, which was a pancake, not a candle lol. No wick.
 
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