General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
Frederick Miles
Bloomberg Television
comments
Comments by "Frederick Miles" (@frederickmiles8815) on "Is it Time to Buy the Dip?" video.
Unless you are buying AMC or GME there is no dip worth buying - we arent selling
7
@Meh-hr7gq You think so - this week is DDR reform as per SEC; at that rehypothethication by prime brokers is a ticking time bomb about to explode. Out of the nearly 100 or so updates to DTCC rules and regs driven by Gensler only 2 sets remain: increase capital requirements for participants and DDR reform. But good luck with your 401k bro...I am sure that will turn out wonderful for you - take it from someone with over a decade of experience in wholesale banking the security lending and settlement business is ticking time bomb that is about to explode. If you need some cash for your family I highly suggest near term puts on USO.
1
@Meh-hr7gq I dont think you understand the modern structure of digital equity markets - nor do you understand how rigged price discovery is due to prime brokers not fullfilling orders and AI like Citadel's ABC Strategy and 2 Sigma's Halite only processing orders in alignment with clients / subsidiary positions. There were 30 billion FTD's for AMC alone in 2020 - literally there are billions of shares sitting in retail accounts across multiple brokerages; retail owns over 100%, insiders own 10%, and institutions own over 30%. You have to understand retail is 99% apes who are going to use their refund check and 1% like me (banking, data science, agile developers, etc) are going to use our bonuses to buy more - 40k worth more - diluting the shares further and applying more pressure. In all honesty i own over 10k shares, I wont sell anything unless I get my price. Ideally I want to break the corrupt actors - that matters more to me then price if im being honest. I want a return of capitalism and price discovery and the death of this second gilded age; I want team kenny to Epstein themselves in cages or smack the pavement above all else.
1
@Meh-hr7gq one of us has a real job and real experiences in payments, treasury, and credit risk and that aint you. Literally we have massive monetary deflation caused by a collateral crisis that will lead to a liquidity crisis. Let me help you - once tapering ends repo rate will spike as liquidity contracts - prior to Fed raising rates. That means the Hedge Funds who shorted, the major brokers who rehypothethicated shorts, and the market makers will not afford what comes next. You dont understand markets - AMC and GME have strong beta's meaning they explode up in price when markets crash - post squeeze. And cuck boy you need to understand what happens next to you - you deserve, its Darwin. If you have a 401k or pension, if your still in this game you deserve to lose everything. Remember Oil will plummet, dollar and treasuries 30 year will rocket, and repo spike will be bloody as liquidity leaves the markets as Fed stops absorbing MBS and Treasuries to suppress near rates.
1
@Meh-hr7gq actually amazingly well - worked as planned. Increased my position, breaking 10k shares and averaged down - approaching one year for over 5k shares held. Never interrupt your enemy when they are freefalling to the pavement. AMC will hit single digits soon - most likely later this week (post SEC meeting on Wednesday) or next week. It costs them their clients money to do what they are doing; costs me nothing to hold and accumulate at least for me - super easy on the bi-weekly. Good luck for what is to come - no one is buying the variant nonsense and no one is taking the bait on Ukraine, or China, modern supply side gibberish, great reset garbage, etc.. No one will support a bailout - all of us would rather starve. Treason comes with a price and I cant wait to watch these folks pay that price - that is our floor; bringing back free market capitalism.
1
@Meh-hr7gq this and TLT are their weakest points - they created billions of synthetic shares across multiple points of the transaction; held by multiple players. They also shorted treasuries to oblivion - literally these dipshits went long on chinese fixed income and used that as collateral to short treasuries and US retail. This is were they collapse - once tapering ends repo rate spikes, they lose liquidity, and AMC and GME (rest are distractions) start running. Large players collateral is blue chip and HYG (usually overseas since they cant get that kind of return domestically) - they dont have real collateral. As market plunging margin calls commence - Cede and Co hate having this kind of attention on them; BofA bankruptcy probability is real (mostly due to Meryll) they want another bailout.
1