God the stock is so fascinating. The best part is finding new pieces to an unsolved enormous puzzle. One day the pieces will fit just right and we will sit back and enjoy viewing this masterpiece. Until then I will continue to buy more shares. Love all of you and I am thankful for all of your contributions.
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Never saw this. Even more amazing in hindsight... 1000 $8 calls for Jan '21 knowing how that time played out. Can't begin to wrap my head around watching it from his perspective with that account.
This validates so many fucking people’s anti-options fud too. “He doesn’t buy otm” - get wrecked shills. Moass only happens with a gamma ramp. They don’t want you buying OTM calls because you can buy wayyy more otm then itm. But again, options are not to be bought with a cavalier attitude.
Roraing Kitty Investment Strategy Part 1 - His Views on Options and Technical Analysis
In part 2/2 of those videos, he mentions "i like companies that have a lot of family ownership, sometimes with multiple classes of shares" - headphone stock, anyone???
The fact the Koss squeezed without an options chain is the most interesting part of the whole thing with burrys DD being adamant that it was all through options.
There's obviously something else going on
Then Koss has another smaller squeeze again the very next day after that Koss/gme connection DD came out, which was also bizarre
Basket swaps. Super simple explanation. “When I move you move”
One of the most important thing about Micheal Burry's post is how he disagrees with the SEC and clearly says January 2021 was a gamma squeeze. That's how individual investors could ignite the MOASS.
Another thing that stood out to me was specifically him stating to the board not to say anything about naked short selling or disparaging short sellers, and to do a large buy back… and than he goes straight into his fascination over RK “skirting” the legal aspect with retail engagement increasing via live streams. Pretty much a great offensive plan against them, and RC did just say something oddly similar
It’s the only way. And it’s why this sub is anti-options and pro-drs. It’s the Kansas City Shuffle!!
Personally I have some $50 leaps, I know another user on here bought quite a few similar calls. Lets see
I mean Burry talked about it in his post. The Jan ‘21 run was created by a retail surge that broke the algorithms.
DFV saw something fishy going on with how firms analyzed and manipulated sentiment and made his bet. Firms took the other side, assuming their playbooks would continue to work and that they’d be able to shake out paper hands and collect their premiums as they always have.
What they didn’t count on was it breaking into the mainstream. Once it spread beyond the typical forums of degen gamblers looking for a quick buck people stopped responding to the price patterns they create with their algo-traders. It broke the algorithms and while the behaviour leading up to the Sneeze probably wasn’t illegal as Burry states, but what happened during the Sneeze definitely was.
It’s not a coincidence that it happened in the lead up to DFV’s expiry dates, he engineered it to happen that way. He created the volatility that created the price movement.
Edit: the funny thing is that Burry actually did respond to these price patterns. He sold at a significant gain well before the Sneeze took off, probably because he was fearful that it was just another bubble being created by a firm that was hostile to the original ones that took the other side of DFV’s bet.
Just saying I never saw the original post. Saw news late '20 into early '21 about GameStop "squeeze", started following on the Bets sub early '21 around the buy button and some brokers limiting the total # of shares people could own. 🍻
Nah, he seen the console cycles and played those. Everyone else jumping him was icing on the cake. He seen the dfv in the stock and upcoming console cycles quit trying to say he rallied troops to make it happen, that was a consequence of him being right to begin with. Him being right did not hinge on people yolo’ing in.
Jesus Christ thank you, the delusion is unreal. I’ve watched so many of his videos, read a bunch of his old posts. He fundamentally believed the console cycle would be the catalyst for a re-rating of the stock and positioned his LEAPs to be after the holiday since the consoles released, that is all.
So now that the algorithms have been changed, it’s almost impossible to start that again?
It all depends on a lot of unknown and hidden information. Swaps still aren't reported and we're still seeing periodic drastic surges in volume from 5M to 60M. When someone figures out how to ride that wave, this would be at least one way I could see it taking off again.
Impossible to start in the same way, but their greed knows no bounds, so I’m sure there are opportunities out there to exploit it.
It is, if lots of individual investors start to buy calls
Did you know DeepFuckingValue’s first post on Reddit was same day as his first post back? Fun little fact, good luck sleeping again.
Jokes on you, I can't sleep because of back pains!
(from holding this bag I ain't selling)
That bags gonna get heavier, but you’ll be able to pay for the massages soon.
That not the bag thats a
featurenuclear bumbum fellow ape#HOLD
I also heard the name DeepFuckingValue came the exact moment when he thought about getting that username
lol what?
It's too deep, man..
I feel more like I do now than when I got here.
What do you mean ( as his first post back)? Sorry I'm bad at English
No worries! By saying his first first post back, it’s in reference to his fist yolo update post in June of 2024. Does that help?
So you basically saying his first post is his first post ? XD sorry
No, first post ever on Reddit was June 2nd 2019. His first post when he came out of the darkness was June 2nd 2024.
Thank you.
June 7th ‘19 first purchase. A year and a half later we get the sneeze.
June 7th ‘24 live stream return.
So... 6-7, 6-7 omg
Time traveler… it’s the only thing that makes sense
That's probably why he had to testify to Congress, they were sniffing him out
..... sweet jesus.
😅
BRO IS INSANEEEEE
Thanks for posting the dates so I didn’t have to look them up
Here we go... jacking my tits again!
I dont want no sneeze, I want the squeeze. I mean id be happy to see the sneeze also though as a gentle reminder the play is very much alive.
January 27 going to be lit
Just have to wait another year…….
Just imagine if we just copied it.
$0.30 / share 😳
mint it
I WANT TO PROCREATE WITH MY WARRANTS HOW DO I DO IT?
Same dude! Help me use options like DFV. Holding and DRSed but man it's gotten me nowhere in over 5 years.
Nah man, I keep distance from what u have said wtf dude
I drs, I buy, I wanna procreate with my warrants.
Drs just like DFV. How's that working out?
I am a individual investor and I DRS my shares to own non lendable real shares and can decide what I do with them.
Good for you, but you're just parroting whatever is said in this subreddit.
You too btw
The guy you are replying too is a shill
It’s such a beautiful story and it’s easy to forget that. We have been disappointed so many times over the last 84 years, but so many have done nothing but buy more. It’s fascinating to witness and be a part of.
Sad that he disappeared again. Was getting juicy again when he posted his 2024 position. Wonder when he comes back?
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The special thing about January is that it comes after December. And the best part? Right after is February.
And thanks for jacking my tits!