We should never forget how close we came to the collapse of the entire financial system because of the naked short selling of $GME in 2021.
Here's IBKR Founder Thomas Petterfy's 4 minute summary.
Bookmark this, and revisit regularly.
Our U.S. AMC Theatres and overseas Odeon Cinemas welcomed 25.5 million guests in May 2026. Our highest attendance for a month of May in 7 years, better than any May since pre-pandemic 2019. Isn’t that just wonderful!
There are huge movies coming out in June and July too.
“Backrooms” just crushed it at the box office this past weekend. It was the 6th movie in the past 10 weeks to have a domestic opening gross above $75 million.
Lets take a step back.
This isn't dilution, or management, that causes a stock to flatline for over two years. The company has significantly reduced debt, box office is recovering, the narrative regarding streaming has changed.
What I see when I look at this chart is a stock price that has been suppressed, though various mechanisms, including but not limited to market maker short exemptions and typical 70% of more of trades occurring in dark pools. Which, as a company where at one point, the majority of shareholders were retail, shouldn't happen.
This is not rocket science. Retail trades in odd lots. Odd lots can be handled by lit exchanges. Dark pools are for large intuitional trades. When you see a large volume day where the price doesn't change and over 70% of the volume is in dark pools, its funds wash trading, or adjusting swaps, or what not. It's not retail.
So yeah, nothing in 5 years changed my mind about how the price has been manipulated. I'm now curious how long they can keep it from bursting out. Tik Toc John.
@StefanSkibbe@Engzizo79 Dann hätten sie wenigstens noch Geld für die Disko und Essen gehen. Wenn es der Freundin nicht gefällt, kann sie ja zu Fuß gehen!
Ich erinnere mich gerne an meine Vespazeit zurück.
Wise words
“My name’s Frank. I’m 64, a retired electrician.
Forty-two years I spent running wires through houses, fixing breakers, making sure people had light in their kitchens and heat in their winters. Never once did anyone ask me where I went to college. Mostly, they just wanted to know if I could get the power back on before their ice cream melted.
Last May, I was at my granddaughter Emily’s school career day. You know the drill — doctors, lawyers, a software guy in a slick suit talking about “scaling startups.” I was the only one there with a tool belt and work boots.
When it was my turn, I told the kids, “I don’t have a degree. I’ve never sat in a lecture hall. But I’ve wired schools, hospitals, and your principal’s house. And when the hospital generator failed during a snowstorm in ’98, I was the one in the basement with a flashlight, keeping the lights on for newborn babies upstairs.”
The kids leaned forward. They had questions — real ones. “How do you fix stuff in the dark?” “Do you make a lot of money?” “Do you ever get zapped?” (Yes, once, and it’ll curl your hair.)
When the bell rang, one boy hung back. Small kid, freckles, hoodie too big for him. He mumbled, “My uncle’s a plumber. People laugh at him ’cause he didn’t finish high school. But… he’s the only one in the family who can fix anything.”
I looked that boy in the eye and said, “Kid, your uncle’s a hero. When your toilet overflows at midnight, Harvard ain’t sending anyone. A plumber is.”
Here’s the thing nobody told me when I was young — the world doesn’t run without tradespeople. You can have all the engineers you want, but if nobody builds the house, wires the power, or lays the pipes, those blueprints just sit in a drawer.
We’ve made it sound like trades are what you do if you can’t go to college, instead of a path you choose because you like working with your hands, solving problems, and seeing your work stand solid for decades.
Four years after high school, some kids walk away with diplomas. Others walk away with zero debt, a union card, and a skill they can take anywhere in the world. And guess what? When your furnace dies in January, it’s not the diploma that saves you.
A few weeks ago, that same freckled kid’s mom stopped me at the grocery store. She said, “You probably don’t remember, but you told my son trades are important. He’s shadowing his uncle this summer. First time I’ve seen him excited about anything in years.”
That’s the part we forget — for some kids, knowing their path is respected changes everything. It’s not about “just” fixing wires or pipes. It’s about pride. Purpose. The kind that sticks with you long after the job’s done.
So next time you meet a teenager, don’t just ask, “Where are you going to college?” Ask, “What’s your plan?” And if they say, “I’m learning to weld,” or “I’m starting an apprenticeship,” smile big and say, “That’s fantastic. We’re going to need you.”
Because we will. More than ever. And when the lights go out, you’ll be glad they showed up.”
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What is missing from this article reveals so much about the financial media.
1) It blames retail investors and shady public companies for short sellers rough year.
Let's be clear.
Institutional investors move stocks - not retail.
The media knows this, but consistently blames retail.
2)This article doesn't haven't one word about the counterfeit shares flooding our financial markets, or trade settlement not being enforced.
3)This article never mentions the CAT - the Consolidated Audit Trail- that has picked up billions of trading errors in a single day. It doesn't question why Wall Street, regulators and politicians, who get big donations from WS, fight so hard against it.
4)The article never mentions how good public companies are being destroyed.
Even ones working on medical treatments or cures.
Why doesn't it talk about how counterfeit shares destroy American innovation?
5)The article never mentions the micro-cap stocks used to hide counterfeit shares
The only quote that really resonates is this one -
“For short sellers, there are just fewer places to hide.”
That is true.
Because the fraud has been allowed for so long.
Because public companies and retail investors who beg regulators to enforce trade settlement are ignored.
Ask yourself why, after nearly three years, $MMTLP investors' money is still locked up?
Regulators and politicians refuse to give them the independent audited share count - because they are protecting brokers who sold way too many shares.
Ask yourself why the financial media stays far away from that story?