mamuterThey are shutting down the MEME ETF on a date I keep seeing…
I think the basket is about to run and they don’t want to make it easy for retail to profit off of it. GME is running today.
IMHO run is an understatement, I prefer it’s about to blow the tits off of the market. It is my belief the RC & Company’s strategy was implemented to capitalize off of this “event”.
Uninformed: where else is this date and why?
A couple different things, but this is the main one. Swap due the following day
U-Copy said Tomorrow! (and Goddamn He's right!) - Lemmy.World
I came across this image from the AMC stock subbreddit regarding an equity swap for (999B) that expires on Dec 15th. [https://lemmy.world/pictrs/image/1165c7ef-3153-4eac-8653-e92f7f46a0e2.jpeg] I found it curious that PULTE pushed comraderie with AMC stockholders and the SECRET MILLIONAIRES PARTY is supposed to be on the DEC 14th, the day before the swap expires. The swap start date was 3/3/2021. UCOPY covered similarities 7 or so months ago talking about similarities in charting of AMC and BBBY. (So mads props to my boy over here you shitheads) Source: https://www.youtube.com/watch?v=aiGLcpf_jTo [https://www.youtube.com/watch?v=aiGLcpf_jTo] EDIT I can’t Post on R/BBBY due to Low KARMA
Pulte meetup date as well. Very likely just a coincidence, but maybe not.
what happens to short positions against the ETF?
Does it even matter if the ETF shares were created without buying the underlying?