1) Banks/hedge funds and friends are required to have additional collateral/liquidity available via rule SEC rule 15c33. This rule has existed since 1973 but was never enforced, until 2020 where certain people said that Banks and friends have 6 months to get their shit straight... The end of those 6 months is on April 22.
Source: www.reddit.com/r/Sup...ep_1_sec_rule_15c33/
2) I started counting the 13 day FTD delivery periods and interestingly found an obvious pattern of both pumps and dumps. Needless to say, there seems to be an incoming FTD cycle end exactly on April 22 which also happens to be the day the 'old' rule is finally enforced.
3) Several other SEC, NSCC and DTCC rules have already been enacted in the past ~1 month alone that are building up like a drumbeat to something. Likely Rule 801 or "SR-OCC-2021-801"
The rules already enacted are slowly clamping down on illegal hedge fund/bank shorting activities specifically activity that violates regsho as well as regsho inadequacies like hedge fund and bank abilities to use derivative instruments like options to hide shorts and perpetually reset FTDs.
Once all rules are in place, OCC 801 can also be enacted and once that's enacted, it's likely that we'll have the GO signal for Gamestop's Mother of All Short Squeezes and other stocks liberation from excessive shorting and hiding shorts in FTDs and daily-bi-daily FTD resets.
I'll probably be wrong about the above again, so take it with a grain of salt. It's one part of my own thought process about Gamestop and where it's going. I'm not providing my price target for Gamestop because it's conservative and doesn't match the price target set by most individuals trading Gamestop.
May Ryan Cohen shower us in tendies.
Source: www.reddit.com/r/Sup...ep_1_sec_rule_15c33/
2) I started counting the 13 day FTD delivery periods and interestingly found an obvious pattern of both pumps and dumps. Needless to say, there seems to be an incoming FTD cycle end exactly on April 22 which also happens to be the day the 'old' rule is finally enforced.
3) Several other SEC, NSCC and DTCC rules have already been enacted in the past ~1 month alone that are building up like a drumbeat to something. Likely Rule 801 or "SR-OCC-2021-801"
The rules already enacted are slowly clamping down on illegal hedge fund/bank shorting activities specifically activity that violates regsho as well as regsho inadequacies like hedge fund and bank abilities to use derivative instruments like options to hide shorts and perpetually reset FTDs.
Once all rules are in place, OCC 801 can also be enacted and once that's enacted, it's likely that we'll have the GO signal for Gamestop's Mother of All Short Squeezes and other stocks liberation from excessive shorting and hiding shorts in FTDs and daily-bi-daily FTD resets.
I'll probably be wrong about the above again, so take it with a grain of salt. It's one part of my own thought process about Gamestop and where it's going. I'm not providing my price target for Gamestop because it's conservative and doesn't match the price target set by most individuals trading Gamestop.
May Ryan Cohen shower us in tendies.
Comment:
Update here
