E353 T+35
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- Опубліковано 5 лип 2024
- I'll be joining Erik later today:
/ esinvests
Let's go GameStop!
This is not financial advice.
I am not affiliated with GameStop in any way.
Here is the link to my Sheet.
As always, use caution when accessing shared documents:
docs.google.com/spreadsheets/... - Розваги
The whole concept of a Failure To Deliver is a disgrace and something the financial markets should be ashamed of. How can you borrow something and sell it, then when it comes to actually buying what you sold you don't bother? You just created a counterfeit share that you got paid for, that should not exist, drives the price of the underlying stock down by dilution and completely undermines the company you shorted and it's shareholders illegally. The fact that this is not just allowed, but allowed over and over and over by paying a small fine and not even admitting the crime is the most incredible of all.
That's exactly why they do it and they have absolutely no shame in doing it. They are making billions
Exactly this…
Sell shares that don’t exist and when you can’t buy them back , FTD them , swap them , ETF them , everything but run the price up to buy them back at what people are willing to sell them for . Then you’ve got a bunch of spoofing , short ladder attacks , dark pool abuse , shorts marks as longs , list is endless to manipulate stocks , robbing retain and not giving a fu(£
The whole concept of "money" bastardizes fair trade with a centralized form of payment.
Furthermore, money being based on digits in a computer means money is able to be MULTIPLIED at the press of a button or a moments notice (leverage, derivatives, pumping garbage chinese stocks 16x in a day, etc)
If you look close enough, its all fraudulent. Turtles all the way down.
They are printing infinite money with no oversight. Criminals
They don’t even see this as being wrong. Korea has the right idea banning shorts. This market is absolutely corrupt
There's no equivalent tool on the long side where I can create artificial upwards pressure on the price with a small interest fee.
Derivative shorting is fine. Naked shorting shares is not. Big difference.
Perfect timing dude. Just sat on the deck with a cup of coffee
You want a tea my man
@@pri5748 Yes Sir I’m always down for coffee, tea, or a beer. You pick.
Imagine you ordered something on Amazon and you get the box and open it and it’s just a piece of paper that says “I owe you that thing. T + 35 or something”
I’m the guy who wrote the KOSS DD right before it ran. I think there’s some details in the DD that people aren’t fully grasping. I also added several updates to the post throughout the week for those that are curious.
Re-reading it now!
www.reddit.com/r/Superstonk/comments/1dtv3zj/the_gme_koss_connection_the_spark_to_ignite_the/
It was you? You are doing amazing work for all to see by connecting these dots brother
@@Otherwise-Category42 just finished reading! Great DD, amazing timing 😂 the first edit had me lmao like HEY, I did not do this!! 😂😂😂
@@13lueBerryBluntz glad you liked it!!! You could say that Tuesday night and Wednesday were quite the rush for me lol
@@RichardNewton 👍
How is this not illegal ? What the heck!
Because people with a lot of money gave a little to those that write the rules to favor them. It's parasitic and antithetical to a free and fair market.
A free market is a fair market. When you have institutions come in with their social and monetary leverage, you get imbalance.
In a fair market, it will balance itself out. Like if the buy button was turned off.
In unfair markets, it usually ends with tyrants heads on pikes.
I can’t even explain it, but recently I’ve been feeling like I don’t even have to affirm myself in GME anymore. The inevitability feels palpable. Like a calm is finally washing over everything.
XRT is 400% short. It’s all right there imo. They just bounce around their covering in the short etf and have an infinite can kick. I believe kitty is trying to blow up XRT. No small task
I thought you were on vacation? I hope you get a break. Your persistent resilience is much appreciated.
You mentioned the missed GME/XRT whale purchase July 3/5. But that is when KOSS popped off, T+35+21 aligns with all of the August settlements for XRT, CHWY and GME. Aug 7-30
August might be insane.
I'm hopeful as always. But then we'll be told there was nothing big in August and tracking dates is a fool's errand. ;D
I agree. Looking at historical data and what just happened recently on July 3rd, I think we're in the end game. Aug-8, Aug-13 both looking spicy IMO
@@RichardNewton T+56 from 5/13 is Monday 7/8 😉
Roaring Kitty *updated* his ‘Live Stream’ playlist today
Nothing planned
@@foxx1111 What if he's using the playlist as a message - he had a hidden position back then (Chewy) and now it's gone?
@@l.m2190 tradespotting sold his gme at $10 before it popped 🤣🤣🤣
@@AMacDaddy23 reaching as far as Michael Jordan in spacejam. Smoking tinfoil is bad for your health.
@@l.m2190 get out here, shill.
I see Richard Newton, I press Like
I bought and sold some KOSS last week like a day trader. I took some profits and still am hodling one share for kicks. More money for GME. Happy Saturday, Sir Richard!
💎🤙😎🚀
Holding 500.00 of KOSS long term sold and took profit on rest
We should look into who is backing Koss. The market maker, if anyone gave them a loan, there’s gotta be a Wall Street firm that popped up to make Koss a thing all of a sudden. Let’s check the filings. Somebody has access to Koss shares and pledged them somehow. Koss is small enough that we should be able to figure it out, Imma check the board.
75% owned by Koss family. Were you able to find anything on the last 25%?
I wouldn't be surprised if you dig deep enough and it comes back to Blackrock -> Berkshire Hathaway
I'd speculate that the times when KOSS doesn't correlate with GME, then it'll be correlating with another company they were in the process of cellar boxing
The gulag
I love the idea that the kitty has already bought up all of the available shares of KOSS and he’s going to show the world that they are trading shares that don’t exist
Someone had already done that with a stock in the past and nobody cared. Hopefully because RK already gets big news converage it actually makes a difference this time.
@@therealduz-t6762 actually they did care. The SEC went after HIM lmao
Clownworld
I bought 500.00 of KOSS to hold because I think Kitty does live stream and buys KOSS and then shows he has all the extra shares beforehand. The world will broadcast his live stream like last time and they are busted
the volume doesnt show he bought all of it. either on 5/13 or 5/14, and even then he would of had to file a sec form. whywould heeven buy allof koss. doesnt make any sense at all. its not in the basket. and i dont think he bought all of koss this last week. its a bad investment. he only buys options when they are cheap and HOLDS GME.
Sighs. When there is no limit to supply, price discovery doesn’t happen. They set the price until they can’t. So we wait. Happy to wait with your attempt to puzzle this one out.
Appreciate you.
Let's Goooooooo
Richard, the crazy thing about Koss is that they only have 9 million shares outstanding and insiders still hold a lot of them. So an estimated ten times the number of available shares (per day) have been traded in the last few days. Is Koss perhaps in a swap basket because hedge funds at some point bought more shares than actually exist? This is exactly the theory that gamestop follows and it seems to be true. Crime
Appreciate your vids as a relatively new investor. Thanks for the transparency. BTW to my limited understanding T35 is calendar days and not trading days. Cheers
Been looking forward to your update this weekend! Thanks for all you do - I hope you and yours had enjoyed a nice 4th of July celebration 🎆
I think I have a smart idea. If I am right... I do not have a platform, voice, or microphone to get the community to actively correspond with the SEC to spark change. However; WE, the retail investors recently saw our capabilities when we voice together in changing settlement to T+1. We asked for something reasonable (instead of pushing for instant settlement) and after some time, with consistency we got it proposed and made the new normal.... so, here's my idea [ WE, the retail investors should push for T +5 settlement ] we will lose if we push for zero FTD's in the name of "liquidity". However, I believe we can be successful if we show how capital formation is being decimated by allowing trades to be settled 10 times per year roughly; in a best case scenario.
I think the stock only moves when i stop looking at it...
right on time!
thanks for posting so consistently
22:35 "when I move you move" ahh so that's what RK meant.
idea for your consideration Richard. We have been focusing on stocks getting shorted with the swaps. Find next one wait for volatility, etc. Simple
What about other stocks in swap baskets. Are they not getting pumped as source of collateral. If we can expose those stocks, rather than just guess nvidia or btc, we can formulate a clearer picture that can be understood by most, rather than complex option trades
I was looking at the data in your spreadsheet and I noticed KOSS Volume is the largest it's ever been, I think it's very telling of what's to come. AMAZING!!! Wow!!! Expecting something massive soon.
The ETFs that include Koss Corporation (KOSS) in their holdings:
iShares Micro-Cap ETF (IWC):
This ETF holds Koss stock, as mentioned in the Seeking Alpha information.
Vanguard Total Stock Market ETF (VTI):
VTI is mentioned as a common ETF holding both GameStop and Koss.
Vanguard Extended Market ETF (VXF):
VXF is also mentioned as a common ETF containing both GameStop and Koss.
What is really problematic with these derivatives and other financial vehicles is that the shorts can keep on creating new instances. There really isn't a hard limit to these internalizing mechanisms, it seems mostly dependent on the availability of counterparties, which is downstream of the macroeconomic environment. In many ways Gamestop is just a macroeconomic play targeting the fragility of interconnected markets.
If you want to move price action from one security to another, you could conceivably open multiple basket swaps using multiple securities to force counterparties to hedge their exposure to the collection of swaps as a whole by moving the price of a range of securities to your benefit. Essentially, as with Archegos, we've seen that you can engineer what sort of hedging your counterparties will engage in if you plan accordingly.
Thanks for the great video content! Hey from the UK.
Richard Newton.
Just a thought but if you consider that there are three quarter notes (two tied together indicating that they’re played together) 1Q,2Q&3Q three quarters in the fiscal year
1st note is a D
2nd Note a B
3rd note is an A
In the first Q earnings $GME earned 19mil less than projected. But net loss was only 32.3 mil, 18.2 mil above the market projections and GME issued 75mil shares adding to the 45mil currently in existence. And increase of 166.66% increase which dropped share prices by 39%. The market has since recovered staying at around $24 per share thus far this quarter. A nearly 100% increase over the base line of last quarter.
Thoughts?
Realized that I didn’t mention that I was talking about the American 🇺🇸 emoji in DFV’s meme video
I was looking into things, and one thought I had why GME didn't spike on 7-3, looking at DTCC important notices, Citibank filed on 7-3 saying they were refusing to pay their bill that was due and as a result no payment was processed. I don't KNOW that it's definitely GME related, but I suspect it is, and then what's the fallout from this event? no clue unfortunately
I remember watching KOSS go up 20000% in 2020. That's wild
The one the only!! Let's gooooo!!!
Hey Richard, great video !
Because we are always wrong, there will be a cycle end of July 😂
LFG GME
Have a great day
Thank you for all you do Richard!!! It's been a wild ride these last almost four years and you are now one of only four people i listen to in regards to GME.
Thanks Bro
for some reason i wrote down t+6+35+3 a long time ago while listening to PI-FI explain something including ftds. It was in my notes.
Wooo new video!!
So why do you think GameStop volume has been dropping off while Koss had the highest volume day in quite some time? (nvm, I was halfway through and you just answered the question LOL)
Also, want to say that I really appreciate your videos and they have helped me have such a better understanding of cycles and developments surrounding these stocks!
NP! :) Thank you!
they are baking on capitulation. Im ***** but i wont say it. I will hold. Your video from recently about "doing what they dont expect you to" was very powerful. The message is and has been so clear. Hold.
I think the rules and algos prey on emotion and impatience more than anything.
Thank you
Can’t wait for that livestream
If you buy options wait for low IV and be prepared to roll them longer. Everytime there has been a hyped date( opex, c35. etc) it doesnt seem to run when we expect. DFV may give us a sign with his 5000 block purchases before the next run though.
6/6 was hyped and it ran, though.
@RichardNewton You're right. I think DFV's involvement may have changed things, potentially getting retail back into options which helps gme move, plus earnings is always volatile.
Thanka😊
Richard, you spoke really well on the live stream, would be cool to see more live streams from you.
Thanks!
GME is the prime mover
- Richard Aquinas 🙏
It’s a good Saturday
Hi Richard, I was literally just reviewing your videos again from the past few days as I like to watch them a few times. Quick question. Would you possibly be willing to share a list of books that you think would be beneficial to a new investor trying to educate themselves further? Thanks again for all of your research, as well as your mild-mannered and resilient approach.
Thanks! Haven't read any books on these topics, just the various due diligences from the past on superstonk and various videos on UA-cam, SEC rules, etc..
In my cycle sneeze posts I break down the algo, and then I had a follow up post called what's an algo and it showed some other stocks using the same algo. Hello Aladdin
I dont really think the trading days are applicable to KOSS. I think your first assumption is right in that it's tied to GME through those historical swaps and so it just so happens to run when GME runs, not because of cycles triggering.
My favorite part about watching your videos is that I always get Robinhood ads 😂
If I can shill Bed Bath, we just found out Cohen has been in charge since Jan 2023, and the current CEO has been "allowed" to remain as a figurehead
❤
Great video. Thank you RN
I keep hearing T-35 is trading days, business days, etc. but I read the rule and it says calendar days: "no later than the beginning of regular trading hours on the thirty-fifth consecutive calendar day following the trade date for the transaction, immediately close out the fail to deliver position by purchasing securities of like kind and quantity". Not saying one or the other is wrong, just thinking it would benefit everyone to get 100% clarity since I think there is something to the T-35 rule.
Indeed. The problem is I can't point to T+35 being Calendar days and it ever working out.
(Except around the sneeze but basically every T+anything works there with all the wild FTD and volume activity and everything being on RegSHO).
That said, T+35 being trading days works out constantly. For example, just this week with KOSS was exactly 35 trading days after the events of 5/13 and 5/14.
You're always worth watching.
Can you tell i was waiting for your vid lol greetings keep up the good work
Thanks, Richard.
I like dates.
Thanks Richard! Appreciate you!
What if DFV post his next update 35 days after his last update … would be 18/19th July right? 😎
Great content and explanation
Lets gooooo🎉🎉
"The SEC has been investigating and prosecuting insider trading cases, including a novel theory of insider trading liability known as “shadow trading.” Shadow trading involves an investor possessing material non-public information about one company and trading in the securities of another company with which it shares a connection. The SEC’s first “shadow trading” case, SEC v. Panuwat, is set to go to trial in 2024." would naked shorting be considered material non public information if they are shuffling the fails all over the place?
What do you mean XRT is full? What data can i follow in order to see the ETF that is full, and they have to pass to another ETF?
XRT has 4.5m or so outstanding shares and GME is 1% or so of it's holdings. So there is a limit to how much failing they can do on it. However, it is oversold (shorted) 400% or so, making the shares owned by institutions quite large - somewhere above 20m shares of XRT. This means it has the ability to account for somewhere around 1m shares of GME (totally rough guess based on it's 230k reported held x4).
So once it's all fails in XRT, they would have to go somewhere else.
Always appreciate your videos, Richard! Will definitely be checking out Erik's podcast.
Richard can you look at ETF and Index rebalancing as an issue? My thoughts on the run up was institutions betting GameStop would be profitable and able to be added to S&P500. When they announced they were not profitable they were no longer viable to be inducted. Once GameStop is added to S&P… that will be the run. Imo.
Koss must be in a swap with gme, for sure. Thing is since the sneeze, when gme runs koss follows, but not the other way around...
Always great videos and content. It’s hard to figure out the hows but eventually we will see the Ponzi scheme soon
dude market makers can be naked short without a borrow they do not pay the borrow negative rebait that is the rule and they can rollover trades nakedly in limitless time periods.
Love me some Snorlax!
For Koss, regular stocks run on T+3 for Market Makers and for ETFs (gamestop short) there is exemption for T+6, I'm wondering if the participants are using this rule difference to their advantage right now. I would need to see in next 2-3 trading days if this is reflective.
Koss is not in XRT. Not sure if it was before. MEME etf doesn’t exist anymore. Weighting for GME is now very low in XRT. Only 1.15% after it was top holding before June 21 rebalance. Caravan and Chewy are now largest holdings in XRT. Check tipranks for XRT listing and changes.
It''ll be great to be a fly on the wall when you two stream together. Two of my favorite channels.
I think RC should buy the PSA grading company. That would be huge. Also snp500 inclusion would be a nice catalyst. Cheers! 🍻
🍻 😼 ty bro
Koss is over, it’s BB now Richard!!!
Sneeze likely due this week. No date available. I understand why you think we're skipping it, though.
Maybe the RK's fire emoji refers to the flame of the Olympics, they start at the end of this month.
$MVIS 👀 might be the next emoji in DFVs 35 emojis. The 🎤 is clearly $SIRI.
$MVIS
- 43.61% off exchange 564,633 volume
- 27.30% short interest 53,598,515 shares short on 6/14. T+43 8/15
- Avg # of FTDs per day in June 198,665
-Green god candle May 14th following $GME rally
Can you please explain why after 8/8, 9/2 is next?
Have you looked into leveraged ETFs? That seems to be a tool more rife for abuse where they can amplify the effects but I haven’t heard them talked about much. I expect that’s what they are using.
This might also play into your theory why Koss has to be respected in swaps- it’s not in a leveraged ETF but GS is. I’m smooth though so was just feeling for wrinkles after watching several academic lectures on ETF abuse.
I was previously thinking the emoji eyes meant him buying call options. I thought that when he had put the eyes on the dog. This morning, I woke up thinking....why would he choose eyes to represent purchasing call options? And then I realized the connection
Eyes = See = C (calls)
The flame then represents the gamma igniting
and then of course the explosion (pop) and beer (celebration)
We will also "see" him purchase call options on the chain
and I suspect this will happen soon
Eyes = See = C = Calls. Don’t quit your day job.
Lmayo @@lethalbacardi
@@lethalbacardi It does sound very silly LOL but sometimes the simplest theories are correct. Out of 100, there may be 1 that's right. That's the power of the hive mind. Ape no fight ape...let's get that $$. Imagine them trying to fudge with a stock called "gamestop". The power to the players.
@antoniogibson7510 silly ≠ simple. It's terrence Howard mentality of leaps of logic backed by confidence instead of logic. Then, others pile in because of confirmation bias and you get dumb shit at the top of forums.
We're better off without tinfoil. Speculation should have reason behind it. Yours has 0.
Since all you love tin foil sooo much, ANOTHER connection to the emoji eyes being "see" (c)/call options purchases, is the "options 101" etrade meme with the banana. The eyes on the banana are very very similar to the eyes he chose to use on the emoji calendar, almost as if to hint at the relationship
Could RK be running these stocks up before the swaps are renewed? In Order to screw them?
Why wouldn’t shorts want to allow the price to run into an empty options chain?
It would be like: “The price would rise, but your options wouldn’t hurt me.”
Thoughts on MAXN? Over 50% short rn
Great information for the new-ish investor/trader and Richard gives it away for free...😀 Watched this enjoying a cold🍺 Thank you sir.
The stock will never see the true movement til some sneaky lil turd brute force breaks into their mainframes and malware-blocks their off-exchange transaction methods, forcing everything to trade on the books and free of manipulation
General observation: There are a fair amount of Gamestop related anniversaries in July... so...
Koss dropped -13% June 28 Friday with no news and GME dropped -13% from June 28-July1 with DFV lawsuit and dismissed on same day. I do think it's either shorts or longs did the lawsuit to create similar algo as KOSS. I do expect gap up on Monday or rally before OPEX like in May and big final short squeeze in September. It does seem like every 2 months, this big gamma + FTD + short squeeze happened until bull cyle ends.
Spot on! This time round it is not about short sellers but MM. You would need to find equity swaps plus cross swaps AMC - GME
A quite week early in July does not invalidate the thesis that a big move is coming W/E Jul 19th OPEX. Despite the T+35 theory as it relates to DFV's 4m share purchase, you seem attached to the August Only idea. Ozymandias says a Sandworm coming in 2 weeks, it's not all about ETFs dude!
Link to Eriks livestream with Richard (Now in description)
Thanks for posting, was surprised it wasn't in the description.
Where is the link? There is only a link to esinvests (which anyone can find) and the only thing there is somethign with richard scheduled for the 13th.. what gives?
@@shtewps ua-cam.com/users/liveoCEtRjtaaSw?si=lJ7v5P4wm0OtxnCz
@@shtewps ua-cam.com/users/liveoCEtRjtaaSw?si=RXyRY-zZWRiM7-wM
Thanks so much for your video Richard, this timeline we are living in is one of the craziest things I would never have expected to live in my life. Plus with everything else going on in life, I can feel almost everyone is on edge lately and has been getting worse. I wish you and everyone else passionate about GME the best. I really hope we can make it through these strong waters, this is one of the craziest experience of my lifetime. Take care out there my friends.
Well said - we live in an incredibly interesting time for sure.
I like doodles :)
Same. It relates to me.
I guess my question would be with all these settlement dates, obviously they want to kick the can on having to pay any money as long as they can which I could completely see why they wait the full 35 days, but do they have to wait 35 days? If they saw or deemed it fit to fulfill all their positions on day 10 or day 14 or day 28 could they do that?or is it mandatory you have to buy them on the 35th because I could see everybody figuring that out and having knowing that they have to buy. So are they able to fulfill any time with the 35 days or is it mandated on that 35th day they need to be fulfilling their positions.
Good question,
I think on GME FTDs that's why there is variability.
ETF FTDs seem tied to creation/redemption cycles and possibly ETF Options settlement. So I think that's why those cycles are so consistent (Monthly Opex +34 trading days).
Hi Richard, thanks for your video. You mention 8/8 a lot in this video but nothing around 18th July which would be T+35 from RKs 4 mil share purchase on 13th June and also lines up with Biggy's theory - do you no longer expect anything around this date? 🙂
It will be 35 Calendar days from his purchase but I've rarely seen that produce anything. We'll have to wait a few weeks and see.
8/8 is based on ETF settlement theory which is totally different.
@@RichardNewton thank you for clarifying. Have fun on the live stream!
Will we ever win?
Not with that attitude 💪🤨
Love me some Richard Newton while mowing my grass and drinking a beer 🍺.
Someone (perhaps speculatively RK) could have purchased the entire KOSS float on 7/3 & 7/5. If that was done, then "they" cannot use KOSS any longer as a tool, therefore one less "option (not as in derivative)" for them to utilize and forcing their hands to use another candidate. Little by little, systematically showing the world (regulators) how corrupt the system is, examples such as (GME, RK's delayed livestream while Algos were running & various halts throughout, recently CHWY, and now KOSS). But I'm much worse than Sir Richard, I am always wrong.. so I'll keep eating my crayons and drinking my hard seltzers.
(**Edited: If anyone owns more than 10% of KOSS they need to report it within two days whereas if they owns 5%, then has 10 days. So we’ll know for sure on Monday.)
It feels like you're on the right track my friend. I eat crayons as well though so you never know.. I do think we'll find out soon enough though
@@moocow323 Thanks - TBH, there's others that have mentioned this as well on various sites. TWT. HAGW!