dChan
Anonymous ID: 32176d June 4, 2024, 2:13 p.m. No.20967289   🗄️.is 🔗kun   >>7300 >>7325 >>7372 >>7469 >>7587 >>7593

>>20966760 lb

GameStop stock falls 5% as latest meme rally fades

 

(And that douche bag clocked out all of it on Monday as the sheep fell for this AGAIN-when will you learn this has been a PsyOp and I’ll give him props for being patient but it’s still manipulation no matter how you slice it….remember it’s totally legal for Congresscto do it and doesn’t make it right so this guy will probably fry for it but read what the IB Chief Strategist sez below…bang on correct)

 

 

GameStop (GME) shares declined 5% on Tuesday following the meme stock's 21% gains in the prior session that were ignited by a social media post late Sunday from an account believed to be tied to the video game retailer's most public supporter.

Shares of the video game retailer rose as much as 75% Monday after the user behind "Deep F***ing Value" posted a screenshot on Reddit's Superstonk subreddit late Sunday, which purported to show they paid nearly $175 million building a position in GME shares and call options. Late Monday, the Wall Street Journal reported that executives at Morgan Stanley's trading platform E-Trade had discussed a potential ban on the account believed to be tied to individual investor Keith Gill. GameStop was also one of the numerous stocks impacted on Monday by a technical glitch at the New York Stock Exchange. Really there's no reason to be banning him from their platform," said Bill Capuzzi, CEO at Apex Fintech Solutions, a broker dealer. "I think it's actually a black eye for Morgan Stanley to take this position. It's no different than someone like Warren Buffett putting out 13F filings for Berkshire Hathaway … I don't see anything wrong with what he's done." Steve Sosnick, Interactive Brokers chief strategist, warned investors against chasing Monday's rally.

"Is whoever controlling this account doing this in your best interest or in their best interest? And, really, you should think that one through because, to me, it [is] pretty obvious whose interest it's in," Sosnick told Yahoo Finance. “If you're chasing the stock up here, you're more likely than not the source of liquidity for whoever is controlling this account to sell into your enthusiasm." Gill, credited with igniting the meme stock rally back in 2021, is also known as "Roaring Kitty" on X and YouTube.

Monday's surge came after GameStop rallied 180% over a span of two days back in mid-May after Roaring Kitty posted for the first time on X, formerly known as Twitter, since 2021.

https://finance.yahoo.com/news/gamestop-stock-falls-5-as-latest-meme-rally-fades-204524245.html

Anonymous ID: 32176d June 4, 2024, 3:17 p.m. No.20967537   🗄️.is 🔗kun   >>7543 >>7587 >>7593

>>20967372

If anyone held that size after Monday and didn’t book it with that amount of volume they don’t have a clue what they are doing.

Ain’t no one holding that amount of June expiry calls and “hoping”.

That’s not how Options work so close to expiration.

Ok your argument “he loves the stock”.

Then why didn’t he just stick with the shares?

Buying close dated options have only one outcome for success: you need a quick, sharp gain that wasn’t already priced into those calls.

Anonymous ID: 32176d June 4, 2024, 3:22 p.m. No.20967557   🗄️.is 🔗kun

>>20967300

That’s AH trading in thin markets and equities get pushed around all the time.

If I timed it right I could buy or sell 1 share at the close of that session and that would be the overnight print. So if someone “bought” a share for $100 (which wouldn’t be easy because you have to match price and size in AH) that price would be reflected as it’s last trade.

Anonymous ID: 32176d June 4, 2024, 4:07 p.m. No.20967777   🗄️.is 🔗kun   >>7825 >>7879 >>7917 >>7958

CCC Intelligent Solutions sold by Advent Int’l:$475.75m-May 30

 

Reported yesterday

 

Cashing out via a secondary

 

CCC Intelligent Solutions Announces Pricing of Secondary Offering of 50 Million Shares of Common Stock

 

CCC Intelligent Solutions Holdings Inc. (the “Company”) (NASDAQ: CCCS) today announced the pricing of the previously announced secondary offering of the Company’s common stock (the “Offering”) by affiliates of Advent International, L.P. and Oak Hill Capital Partners (collectively, the “Selling Stockholders”) at a price to the public of $11.50 per share. The Offering consists of 50 million shares of the Company’s common stock. The Offering is expected to close on or about May 30, 2024, subject to the satisfaction of customary closing conditions. The Offering consists entirely of shares of the Company’s common stock to be sold by the Selling Stockholders, and the Company will not receive any proceeds from the sale of the shares being offered by the Selling Stockholders.

https://www.bakersfield.com/ap/news/ccc-intelligent-solutions-announces-pricing-of-secondary-offering-of-50-million-shares-of-common-stock/article_a9a06aad-b057-50c4-a4a0-dfd38ec16512.html

 

Advent International

 

Advent International Corporation is an American global private equity firm focused on buyouts of companies in Western and Central Europe, North America, Latin America and Asia. The firm focuses on international buyouts, growth and strategic restructuring in five core sectors. Since its inception in 1984, Advent has invested $56 billion in private equity capital and, through its buyout programs, has completed more than 375 transactions in 42 countries.

Advent operates from 14 offices in 11 countries, with affiliates in additional countries, employs over 240 investment professionals, and has around $92 billion in assets under management as of 2023.

In June 2024, Advent was ranked eighth in Private Equity International's PEI 300 ranking of the largest private equity firms in the world.

https://en.m.wikipedia.org/wiki/Advent_International

 

https://finviz.com/insidertrading.ashx?oc=1034196&tc=7&b=2

Anonymous ID: 32176d June 4, 2024, 4:15 p.m. No.20967824   🗄️.is 🔗kun

>>20967748

Here’s FORTE12 tail # 10-2045 and last movement is 10 hours ago but it’s still transmitting on satellite

See cap 2 at bottom “Last Seen….2.0 seconds ago” in that cap