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$BBIG OPTIONS TO CLOSE ONLY - AGAIN, SAME AS $RDBX (still selling those too! WTF) +THOUGHTS ON $AMC
$bbig start of vid / $amc starts at 6:45 // $rdbx @ 15:25
Well, we are quickly seeing the end of ANY retail hedging of bets / safety nets.
FULL BLOWN market corruption.
BUY AND HOLD IS BASICALLY DEAD, which means shorts CANNOT LOSE.
Also, I read most if not all comments, and some ppl have asked about AMC. AMC is where I made all of my money originall, I just wasnt on youtuber.
Here is a message to AA (and the community) on what he can do to boost investor confidence and the share price, mathematically accurate, and why he hasn't done this already is baffling.
(I said b.riley still sitting on the 1m shares, obviously meant seaport global, I just had briley on the brain because of their dulitions on amc / hymc)
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Here are the requirements, sounds like they can manipulate the chain through #5 pretty easily, as its a "subjective" "requirement", because I'm pretty sure they meet the other 4 requirements. (trading volume average for 65 days is 47.48m)
The Five Requirements
Under Cboe Exchange (Cboe) rules, there are five criteria that a stock must meet before it can have options as of April 2022.
1) The underlying equity security must be a properly registered NMS stock.
2) The company must have at least 7,000,000 publicly held shares.
3) The underlying stock must have at least 2,000 shareholders.
4) Trading volume must equal or exceed 2,400,000 shares in the past 12 months.
5) The price of the security must be sufficiently high for a specific time.1
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