Ya I've been thinking the same thing regarding outflows causing a insane feedback loop nuclear bomb in the speculative names in the ark portfolio because of the huge concentrated portfolio and bunch of illiquid positions.

I don't understand why does cathy has to sell her liquid positions to cover big moves in her illiquid positions though?

though in fairness LTCM was insanely levered. i dont think she is but the retail who are involved are. you mentioning that because it would spread out to other parts of the market?

idk either but cathie has publicly said it's what she would do, specifically tesla and roku

i dont think this LTCM's into other parts of the market, but it prob could have unintended consequences on TSLA, BTC, and a whole lot of unprofitable tech companies cathie has plowed into. could see some crazy discounts on some names if it reaches a point where the ETF trades at a discount to the individual components.

where it reminds me of LTCM is some gung ho hedge fun aggressively shorting her more illiquid positions forcing her to sell tesla, retail panics when she is actually selling tesla, feedback loop gg. not all that different from goldman getting LTCM's positions on the prospective fire sale and proceeding to rip their nuts off on said positions while LTCM waited for a bailout. cathie publishes her buys and sells every day.

I've been worried about the same kind of scenario. I think we'll need a significant negative catalyst first probably.

coordi, awesome suggestion with the trailing stops. They're making it so much easier to do quick scalps without eating up a lot of mental bandwith, and I'm getting way better fills than my more spot price-oriented method of before. I've only been using them for more liquid, quick scalp type trades like playing a sudden TSLA move, but it does seem like the nuts for those.

Could we please just have a market rebound without the GME/AMC/meme stock shenanigans?

whoa gme is back and all of reddit crashed???
is the real squeeze actually going to play out now? What's the short % is it back up over 100%

well let's hope the meme wave hits SKT this time

no other meme positions for me.

Data is a day or two old, but couldn't have changed that much between then and now

Nice trade. Im seeing 44.6 mil shares short interest on shortsqueeze.com

What's up with AAPL lately? Seems like more than just market weakness. I was surprised it didn't react more positively to the dividend news.

Thanks. Its pretty much already back down to earth. I am not expecting to hit my level, but I'd sure love to 10-20x here (ldo)

Too bad most retail who lost money already sold

idk but AAPL and AMZN were on the list of stocks that Cathie Wood sold. ARK Invest publishes their buys and sells. I think she influences stocks as much as Jim Cramer.

Could be worse—you could have bought Macy's like a ****in' *******. I got that dog at 17-something. I've since made some catchy memes for it hoping to get the ball rolling again, but WSB banned me instantly for posting there, and the poor man's offshoot, WSBelite, downvotes anything that isn't an AMC post. (Seriously, every single post on the front page for weeks has been "AMC diamond hands!" or something similar, and I teem with resentment to see them rewarded.) I'm reduced to shilling memes on /biz/, but that place is such a deluge of shilling that it's impossible to get any traction. My only other meme holding is SKT, so gl on that.

That Portnoy tweet is a beauty. And I'd also love to know who is saying go for these pumps. The first GME pump seemed like it could be organic, but not this one. Since WSB has been saturated with GME content, I kind of doubt it came from there, since you wouldn't be able to see a signal there if you were looking for it. I wonder if Chamath or somebody similar orchestrated it. Maybe the Bogdanoffs made a couple calls.

that was a hilarious post, choose the wrong meme stock at the wrong time and they will bully you then leave you behind with the other desperate traders looking for salvation.

He wouldn't have this problem if it wasn't for his paper hands.
paper hand portunoy.

Got home from work, first shift since march, to find this rocket taking off again.
I still have my shares Mr. P

yeah, can't the bulls finally just a get a break in this market??

The break will be legs when the floor falls out

we don't even remember what happened last week during manias, let alone months long trends

where is the cash going?

Well it's not going to cash as the dollar is down and it's not going to bonds as rates are up. It's clearly not going to precious metals or US stocks and it's not even going to emerging markets, truly a mystery.

Half a billion AMC shares traded for a dick downing of a day. I sold a few at 5x for the free roll earlier today. Gonna probably ride it out from here, though I'm still up 100% because of the IV