M

Trader at @SevenPointsCap Posts are not recommendations to buy or sell. Disclosures:

[M @MTrader13]

@ryanhallyall Hail report central IL

[Seven Points Capital @SevenPointsCap]

Apply by May 31st to be considered: https://t.co/ti4sOfgDRI

[M @MTrader13]

@NateHindenburg Congrats. Thanks for your contribution to the community.

PS... those DJ beats really raised my mood.

[Nate Anderson @NateHindenburg]

Today, a short-seller 'liquidation' scam:

Primega Group, $PGHL, is a Nasdaq-listed, Hong-Kong based entity that some some had likely shorted due to it being an obvious scam.

The stock spiked 108% today on no news and was halted all day after being unable to settle on an unhalt price. It then opened after hours +969% before collapsing again almost immediately.

So what happened?

Short sellers need only be outside of margin compliance for a fraction of a second for brokers to force automatic buy-ins. Knowing this, offshore scam operators tightly control the float of all these issuers but sometimes leave borrow available to lure in short sellers...

When short sellers bite, the scam operators wash trade a spike in the stock, then keep bid/asks moving during the halt so no unhalt price can be settled upon during regular trading hours. Then, after hours, it unhalts as they rip the price 10x+, causing brokers to force-liquidate accounts that were short. Brokers buy-in to cover the short sales as scam artists sell into the artificially high price.

This can lead to short accounts being wiped out instantly and can even lead to broker losses. The same liquidation scam playbook had been executed previously with other Nasdaq offshore scam tickers such as $ZJYL.

A cautionary tale for anyone wishing to short these obvious scams. And once again, more evidence that Nasdaq has transformed itself from a once respected stock exchange into a stock scam playground.

[M @MTrader13]

The candidates golf game will decide this election. Love it.

[M @MTrader13]

“You’re the worst president ever”
“No, you’re the worst president in history!”
“Well you’re a liar”
“Here’s the deal, you don’t know what you’re talking about”
“I was the best president ever for (insert group of people).”
“No, I am!”
“Fake News”

They debate like 6 year olds.

[Douglas A. Boneparth @dougboneparth]

The good news is that regardless of who wins tonight’s debate, we will have heard from two young, energetic and capable leaders that appeal to most Americans.

[Killer T @KillerT_]

Seven Points (@SevenPointsCap):

No scammy account challenges
We dont sell courses
No per trade/per share commissions
Profit split only
Put up $0 of your own money
Cheap locates
Network of experienced/obssesed traders

[M @MTrader13]

How trading has felt this week:

[M @MTrader13]

@traderkylec Thanks for the transparency.

[M @MTrader13]

What logic is this?

[Jim Cramer @jimcramer]

The ceos of GME and AMC should just sell a lot of stock to make it so the companies are buys and that will get the stocks even higher. If the SEC decides to look into it, it will be too late.

[M @MTrader13]

Every household with a trader:

Wife: "How was work today?"
Me: "Exhausting"
"Why?"
"Roaring Kitty tweeted"
"Roaring Kitty?"
"Yeah, you know. Deep Fucking Value"
"?"
"The guy with the red headband from that movie you fell asleep during a few months back. The one about Gamestop."

[M @MTrader13]

😶

[Geiger Capital @Geiger_Capital]

This is absolutely insane…

This is Jared Bernstein. Chair of the Council of Economic Advisers.

He advises Biden on economic policy.

[M @MTrader13]

68% of the US population identify as Christian. Pissing off the largest religion in the US is an interesting tactic in an election year.

[Disclose.tv @disclosetv]

NEW - Biden proclaims this Easter Sunday as a "Transgender Day of Visibility" in the United States.

[M @MTrader13]

My wife gave me 100:1 odds on T Swift guest staring during the half time show. She says Swift hates Bieber who’s friends with Usher so no chance. In reality, her loss will be having to sit through a sermon about tail risk/high win rate strats from me. My tail risk? Couch sleeping

[M @MTrader13]

At 200mph, that thing would disintegrate with that build quality. Check out 1min 47sec. $MULN

[Business Dad @iambusinessdad]

Video from Mullen. 5 Minutes.

$MULN #MULN

[Dilution Tracker @DilutionTracker]

To commemorate $SNES's epic pump and dump today,

for every 5 likes I will ask ChatGPT to improve their headline today to make it more hype. 😜

[M @MTrader13]

Trying to raise the river after missing my flush draw.

[M @MTrader13]

@madaznfootballr @MathewTrades @Colby_Warshel @TheOneLanceB https://t.co/YY6nRB6Q0F

They've been running it to dump these shares fwiw.

[M @MTrader13]

@CiocanaTrader Got'em