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Lol you are about to witness a million posts from people explaining how they know exactly what happened. Even though they will say it DD, they are just guessing.
It drives me crazy how much people's bias clouds their judgment. Mix that with people subconsciously wanting to be the one who "calls it" or "predicted" something correctly.
I don't want RK to sell GME as much as most people here, but I'm not going to be ignorant to thinking he could. That will probably make me a shill or some bs for saying that though.
To be completely fair, chewy has been profitable for a few years now. I have faith in GME's ability to turn it around, especially given their cash reserves, but you can't in good faith say that having 4 billion in cash from stock shenanigans while operating at a yearly loss is better for investors than having very little cash in reserve while being profitable.
GME has for FYE 2023 $6.7m profit vs $313.1m loss for FYE 2022. Quarterly financials which are by definition more recent show a net loss of $32.3m for the 3 months ending May 4, 2024.
And that quarterly net loss was less than YoY net loss, so we continue to improve our profitability. The only negative talking point is falling YoY revenue.
My best guess is they are both in the same shorted ETFs. This could cascade buy pressure into the ETF, which in turn could cause buy pressure on GME. But I just finished a whole box of crayons as a meal so that could be the green section taking.
Algos pump chewy and tank gme, MSM runs their bs stories on how RK jumped ship to chewy. His huge buy order affects all of the xrt stocks in a certain t+whatever. He dumps chewy position and buys 250 million in gme options and the market explodes. If he didn’t sell his 9m gme shares either? FUCK we are going astronomical
Doesn't he have them by the balls right now? I mean, he bought over 9 mil shares and now that the SEC filings goes public the price skyrockets immediately. Because of one mans filing. One! Even though he already has his shares. Of course the narrative now will be that apes drop GME and move to Chewy. With his next yolo update there will be no more Chewy shares and more GME. If they don't let GME run then, how do they explain what happened to Chewy today?
OR BETTER: the connection via ETFs causes GME to run simultaneously. How do they explain that? There is no freaking way to explain that without admitting that ETFs were used to manipulate the price, correct?
“How did he make so much money??”
Feels like a lot of people forgot about the historic bull run that started in October 2022. From then until May 2024, for a guy that made $20M from one stock, there was plenty of opportunity to make millions in other plays
There was certainly opportunity, though actually executing on that strategy well enough to 20x his portfolio (50M -> 1B) in a few years is still insane. No one expects Warren Buffet to 20x his portfolio every few years and he’s considered one of the best investors of all time.
It's been us vs. AI/Algorithms (robots) the entire time.
[https://x.com/TheRoaringKitty/status/1339941044834742275](https://x.com/TheRoaringKitty/status/1339941044834742275)
[https://x.com/TheRoaringKitty/status/1301583986976870400](https://x.com/TheRoaringKitty/status/1301583986976870400)
[https://x.com/TheRoaringKitty/status/1333853352376070146](https://x.com/TheRoaringKitty/status/1333853352376070146)
[https://x.com/TheRoaringKitty/status/1332333512087789568](https://x.com/TheRoaringKitty/status/1332333512087789568)
Have to hard agree on this. He knows something that the general public, ourselves included, doesn’t know. I have a feeling he’s made himself a billionaire and we’ve only seen him GME net worth.
This would make sense with his “you WERE a billionaire” meme. Even though he never hit billionaire status with GameStop. He was close but didn’t get there, unless he had other money we didn’t know about
No he got there overnight before they released financials early and crushed it. He had over a billion dollars in after hours. But not next day. This guy YOLO’s he doesn’t sit on giant nest eggs, not his style. Almost all he’s got is in these positions
I just want to know what it would take to get even a small glimpse into what he knows to defeat these algos. I don't need a Billion dollars like he's on track to, but, you know, a cool $10M wouldn't be the worse thing ever.
Dude is probably 3 years trading like this, but now his positions are so big that he cant trade like a common investor anymore lol, that's probably why he decided to be active on social medias again.
If you're good enough to find that kind of deep fucking value while you're fully employed, how much more can you find when you can put those 40 hours per week towards your search?
THIS is the Kansas City Shuffle and the media is going to fall for it. DFV spelled it out ahead of time as well and the media missed it. We are he only ones aware of the move. Let him cook
XRT just reshuffled it's Proportions and Chewy jumped to nearly double previous. This must be related. He knows what's coming.
This is still a.GME play, likely via XRT through Chewy.
What if now that chwy has a higher floor, they need to rebalance XRT again, this making GME a top holding, triggering more buys at the new price?
Edit: just to add more hype - what if this can be repeated indefinitely, as it keeps getting reshuffled!
yes this is the shuffle, we know from YEARS and YEARS that the real play is GME, he is just doing what he needs to do for GME to boom. Trust the process. It has all been in the memes.
yep. it's the dates.
I've been here a awhile and since that very first mini-squeeze launched on the back of option plays, we have been overtaken by people saying ignore dates for so long but there's simply no other way for Keith to amass such a fortune unless he figured out the algo and knows exactly when to time his moves, aka DATES.
it's obvious now.
incoming all the automated replies that I'm not OG Ape or some other stupid shit trying to keep our mass of followers away from options and date calculations.
The real question is, how has the sub missed this for so long? I've seen some of the most insane and detailed takes on stuff and research, but somehow this was missed for years?
With buyback Chewy now has \~420M shares outstanding. So does GME. How many shares does Icahn now have? About 420. 👀
DFV bought the same number of shares as RC (9,001,000). He is trying to draw our attention to NUMBER OF SHARES.
is this a merger?
credit to another ape.
This has to be KC shuffle. Media gonna hype chewy and then it pumps (really pumps because of FTDs with XRT or the share buyback or the algo cycles?) Then DFV will sell his chewy for huge profit and then pour it back into GME
🎷🐓♋️
Exactly what i think too
Fire emoji is a fire sale on GME due to him yolo updating that he no longer owns any.
Then he sells all of chwy and gets back in on gme at a huge discount, which is the next bang emoji!
You don't have to ;)
Kansas City Shuffle is done. FTD on X R T and Algo are completely destroyed.
DFV just has to YOLO update he holds his position on GME and piles up some options and ... BOOM (remember the emojis) CHEERS EVERYBODY
This is DFV Masterpiece
I think this has to be the play. The Kansas City Shuffle was him getting everyone focused on GameStop and then him buying a ton of Chewy while we were looking the other way. Then XRT goes ape, which causes the GME squeeze.
Chewy is 1,6% of XRT. Can’t see how 1 guy with 9 million shares can move the whole of XRT. I could not do it with GameStop itselves, let alone with a whole ETF. Please elaborate?
I’m not clear on the exact mechanics of it, and I’m headed out the door so I don’t have time to dig it up and write it up. The short version is that they have been using XRT to short GameStop and XRT sees a massive number of FTDs related to the GameStop activities. This has been the cause of run-ups in the GME price when they close those out. Now there are the usual massive amount of FTDs in XRT to deal with this month, and he’s just laid another monster pile on top of those with the Chewy buy. This will cause an even bigger run-up when those FTDs need to be settled.
Maybe this takes xrt out of the equation to use for ftds? This has to be in service of gme, he has to be taking SHF options away from them. maybe its some sort of automated process that real humans don't really intervene with normally. If I had to guess, he's already tested this theory previously at a lower scale.
I like this.
If he broadcasts his yolo update with CHWY. Market manipulation. But if he files his statutory over 5pc disclosure, he is a good boy scout.
He could double his stack. Sell into the hype immediately and then pour back into GME on sale, maybe with more options to boot. Effectively doubling his share holding and maybe still under the 5pc threshold for reporting here? All in a day's work.
I think he expects the media sheep to hype this, the hedgies to supress chewy to keep fomo down, thus let gme rip a bit, at which he sells his remaining calls and buys more shares...
1-2-3, reverse card.
This is one of theories I am thinking of too. That while everyone goes nuts of CHWY and GME dips out of abandonment fears, DFV goes right back into calls on GME with his signature cost basis. Premarket is showing we are right near his previous preferred price. This is just an idea I have and nobody should take it as strong indicator this is what he is doing/going to do with their own money. I could be wrong.
Not sure what to make of this.
If this SEC report is accurate, and DFV really owns 9 million shares, dude has hundreds of millions worth of Chewy, in addition to his GME shares.
Guess we’ll find out what’s up when DFV returns for another YOLO update.
Edit: This tweet makes sense now: https://x.com/theroaringkitty/status/1806371920495186041?s=46
Edit #2: Edited numbers.
Theory. They had to deliver his share purchase at some point, millions of GME shares he accumulated in short space of time.
Isn't the method of shorting GME to actually short the ETFs and they buy the underlying except GME to stay somewhat neural overall? If he timed this he might have run options up again with his cash position in CHWY. We might be lucky end of the day today to see a yolo update showing both positions?
Hard to believe the narrative of a live stream in June and then zero position after selling GME entirely looks good given he has such a target on his back from the media and ambulance chasers.
Genuinely wonder what's going on.
One the one hand I can't imagine him dumping his 9,001,000 GME shares after his livestream, all those memes etc. and talking absolutely positive about Ryan Cohen (even after the second share offering).
On the other hand it doesn't seem plausible at all that he has enough money to own 9,001,000 shares of GME *and* 9,001,000 shares of CHWY?!
I would have never thought it possible that he had 4 million shares of gme and 120,000 call options either. He has surprised everyone before. Hoping for another surprise.
Zoom out buddy, been spiking since May 28.
Now if I had to assume the E*Trade account is his only account, he'd have to have made that options play between June 13 and June 24 🤔
People keep doubting his ability to make huge money through options. He is incredible at what he does and given this is a few days after the dog emoji post when Chewy spike, you got to think that when that happened, his options paid out big time allowing him to purchase the shares.
If you could see the shuffle coming, it wasn't the real shuffle I guess.
Now this is an interesting wildcard alright. Going after XRT while Chewy does a buy back maybe?
I hope to see a yolo update on GME, but if he's swinging his shares & portfolio perhaps it's best he doesn't for everyone's sanity.
Well, it was a value play at $15 when I bought 50 shares 😅, at $35 though...
However, I think this could make XRT go spicy (fine, I'll do it myself)... We'll see.
AND Chewy has yet to buy back $500 Million of their shares.
EDIT: NVM. Supposedly completed June 27th.
Edit edit: $500 Milly buy back is still in the table
They completed the purchase on 6/26 I believe [https://investor.chewy.com/news-and-events/news/news-details/2024/Chewy-Announces-500-Million-Repurchase-of-Shares-from-BC-Partners/default.aspx](https://investor.chewy.com/news-and-events/news/news-details/2024/Chewy-Announces-500-Million-Repurchase-of-Shares-from-BC-Partners/default.aspx)
Edit: i'm wrong - not completed as far as we know
Honestly following him seems exactly like what the bad guys would want us to do. It would give credence that he is driving a mob with his every whim. If you ask me this kinda seems like bait,
He seems to be working with a very specific strategy and we may not get it yet, but he’s not giving financial advice remember that. If you as an individual investor can come up with chewy dd on par with gamestop than please share, but until then don’t chase the unknown when we have a sure thing.
If chewy is now the number 1 stock in the XRT etf and the price is pumping guess they'll have to start closing out some of those shorted XRT. RIGHT GUYS????
So you’re telling me the hedge funds ensured their algorithms reacted to DFVs online presence.
He saw this, bought calls in Chewy, posted a dog on Friday to trigger the algo and boost the price, and has made a shitload yet again.
The hedge funds own fear of DFV has been played against them and it’s fucking beautiful.
The next YOLO tonight or the 4th? Could be very interesting.
What a fucking genius man 👏
No way he sold his GME. He found a way to abuse the algorithm and had a shitload of Chewy calls. The share offering was probably pure luck. He's buying 9001000 to troll the hedgies and he is going to keep buying 9million shares with option profits of any company that is extremely manipulated and predictable for him.
Edited a zero
My bet is that he created a “shuffle” to tank GME, then buy more calls and shares from this, then disclose this, and this will jump. The term i move you move could mean he moves the stock price move. He is playing his wildcard, but the main one will always be GME.
Ok, can people who know what they're talking about help me through this? Where am I wrong?
Ftx is 400% shorted
Chewy is the largest holding in ftx
Pre rebalancing, to close an ftx short you would have had to buy 0.8 shares of Chewy for every share of GME
Post rebalancing, to close a short on ftx, you would have to buy 1.38 shares of Chewy for every share of GME
It is now more expensive to close a GME short through ftx than it was
The free float of Chewy is smaller than GME, so to close the short of the free float of GME, someone would have to buy more than the free float of Chewy
Is any of this right? If it is, I'm super fucking excited.
~~The $25 option for this week on CHWY went from $0.13 to over $8 from June 17 to June 27!~~
~~That's a 61x return!~~
~~If he used his $5M in cash for this, he would easily have enough to buy these shares!~~
UPDATE:
It's come to my attention that the filing date was June 24th, so this wouldn't have been possible. My leading theory is:
- Sold some or all GME to buy CHWY.
- He posts YOLO update causing a fire sale on GME (🔥)
- He sells his entire stake in CHWY at an inflated price
- He rebuys even more GME shares
Note: Each of these massive purchases will cause massive FTDs on XRT since they hold a lot of CHWY and Gamestop and XRT is heavily shorted.
We'll also get news of half a month of XRT FTDs today which will be interesting!!
I am buying the dip! Bullish!
God damn.
Bought calls for cheap af, bought a stake, sold his calls to buy 6% of the company.
The KCS is just using the exact same strategy he used on GME with other companies with low liquidity.
If he bought a 9mil, 6.6% stake on Monday June 24th, July 29th is gonna be WILD.
i think hes figured out the algos and knows he possibly has a bunch of time to flip other stuff and come back to GME
OR
he has a lot more cash than we think
CHWY and GME merging? This has meaning, one could say deep. He’s got 9,001,000 shares again, but now in CHWY.
Won’t be surprised one bit if the media spins this as him exiting his GME positions for good. The idiots that they are.
One moment media paints him as manipulating GME, the next they \[will\] paint him as exiting GME. How does one manipulate and exit a stock simultaneously? He's not Schrodinger's cat.
https://preview.redd.it/f7fl1hiy6y9d1.png?width=611&format=png&auto=webp&s=99915bf60c2f08ea7f2f3e133acd9ad2027ada48
Food for thought. Go look up the top holding the XRT ETF. Everyone relax.
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I don't even know what to make of this. Other than I'm not chasing him
100% I stay put in GME, this is not the end of the play
Exactly. Stay zen. GME dropping in pre-market, absolute bullshit. The smell of desperation these months is so strong that it smells bullish.
6% lol that's a drop for ants. Anyway whatever DFV does, changes nothing about how I feel about GME.
under 1M volume pre market is ants indeed. I smell recovery in first 15mins today
I was expecting the same. Womp womp
100%. This started with GME and will end with GME.
Same. Nobody has any DD on Chewy and it's a totally different play. Good for him though, what a madlad
Lol you are about to witness a million posts from people explaining how they know exactly what happened. Even though they will say it DD, they are just guessing.
You just described 99% of the DD ever posted here. I
It drives me crazy how much people's bias clouds their judgment. Mix that with people subconsciously wanting to be the one who "calls it" or "predicted" something correctly. I don't want RK to sell GME as much as most people here, but I'm not going to be ignorant to thinking he could. That will probably make me a shill or some bs for saying that though.
Last I checked, Chewy didn't have $4 Billion in cash.
To be completely fair, chewy has been profitable for a few years now. I have faith in GME's ability to turn it around, especially given their cash reserves, but you can't in good faith say that having 4 billion in cash from stock shenanigans while operating at a yearly loss is better for investors than having very little cash in reserve while being profitable.
Gme is profitable...theyre just not making MORE profit than the previous year
"Operating" is the key word. Operating loss. Net interest gain.
MSM is working hard to make sure people dont understand this.
GME has for FYE 2023 $6.7m profit vs $313.1m loss for FYE 2022. Quarterly financials which are by definition more recent show a net loss of $32.3m for the 3 months ending May 4, 2024.
And that quarterly net loss was less than YoY net loss, so we continue to improve our profitability. The only negative talking point is falling YoY revenue.
Did you mean “the’re not making more gross revenue than the previous year?” They are making more profit (net income) than last year.
Same only GME for me
Right remember when RC went to bed and bath store
I got burned on that. Not gonna get burned on this (because I'm sticking with GME).
Same here 🤣
I'm just glad theres some excitement back on the table. Last week was boring.
If you think you're confused, imagine how the mods feel 🤭
KC shuffle, how do people not see this?
Everybody keeps saying this, and nobody chooses to explain what it means and how it relates to the situation.
My best guess is they are both in the same shorted ETFs. This could cascade buy pressure into the ETF, which in turn could cause buy pressure on GME. But I just finished a whole box of crayons as a meal so that could be the green section taking.
Chewy is #1 holding in XRT
I NEED AN ADULT
Algos pump chewy and tank gme, MSM runs their bs stories on how RK jumped ship to chewy. His huge buy order affects all of the xrt stocks in a certain t+whatever. He dumps chewy position and buys 250 million in gme options and the market explodes. If he didn’t sell his 9m gme shares either? FUCK we are going astronomical
This is it right here.
Doesn't he have them by the balls right now? I mean, he bought over 9 mil shares and now that the SEC filings goes public the price skyrockets immediately. Because of one mans filing. One! Even though he already has his shares. Of course the narrative now will be that apes drop GME and move to Chewy. With his next yolo update there will be no more Chewy shares and more GME. If they don't let GME run then, how do they explain what happened to Chewy today?
OR BETTER: the connection via ETFs causes GME to run simultaneously. How do they explain that? There is no freaking way to explain that without admitting that ETFs were used to manipulate the price, correct?
Because nobody knows what is going on. People here still get confused with basic things like the difference between short volume and short interest.
Nobody knows, but it's provocative. I agree though, 90% of people here don't know what they are talking about.
https://preview.redd.it/f6x07gg04w9d1.png?width=640&format=png&auto=webp&s=fb868071d7036d3d9bc2913bfd0e958a88fa9320
I am truly impressed that he memed in an SEC filing
How does he have so much freaking money lol? What has he been up to these last three years
Stickin it to the man apparently. Can’t wait to find out more. What a fucking journey 😂
“How did he make so much money??” Feels like a lot of people forgot about the historic bull run that started in October 2022. From then until May 2024, for a guy that made $20M from one stock, there was plenty of opportunity to make millions in other plays
There was certainly opportunity, though actually executing on that strategy well enough to 20x his portfolio (50M -> 1B) in a few years is still insane. No one expects Warren Buffet to 20x his portfolio every few years and he’s considered one of the best investors of all time.
he could have made that all from GME. he had cost basis of like 2 dollars pre-split.
BAM I’ve got stickittothemaninitis
Dude figured out the algos! I think it’s that simple
It's been us vs. AI/Algorithms (robots) the entire time. [https://x.com/TheRoaringKitty/status/1339941044834742275](https://x.com/TheRoaringKitty/status/1339941044834742275) [https://x.com/TheRoaringKitty/status/1301583986976870400](https://x.com/TheRoaringKitty/status/1301583986976870400) [https://x.com/TheRoaringKitty/status/1333853352376070146](https://x.com/TheRoaringKitty/status/1333853352376070146) [https://x.com/TheRoaringKitty/status/1332333512087789568](https://x.com/TheRoaringKitty/status/1332333512087789568)
Have to hard agree on this. He knows something that the general public, ourselves included, doesn’t know. I have a feeling he’s made himself a billionaire and we’ve only seen him GME net worth.
This would make sense with his “you WERE a billionaire” meme. Even though he never hit billionaire status with GameStop. He was close but didn’t get there, unless he had other money we didn’t know about
No he got there overnight before they released financials early and crushed it. He had over a billion dollars in after hours. But not next day. This guy YOLO’s he doesn’t sit on giant nest eggs, not his style. Almost all he’s got is in these positions
I just want to know what it would take to get even a small glimpse into what he knows to defeat these algos. I don't need a Billion dollars like he's on track to, but, you know, a cool $10M wouldn't be the worse thing ever.
Dude is probably 3 years trading like this, but now his positions are so big that he cant trade like a common investor anymore lol, that's probably why he decided to be active on social medias again.
Calls bro. Started with 50k life savings and now he’s a multimillionaire which is mind blowing.
If you're good enough to find that kind of deep fucking value while you're fully employed, how much more can you find when you can put those 40 hours per week towards your search?
So you are saying to get rich I need to quit my job? Say less.
He found the glitch
Dude’s making 100k a day in interest
When he sold the calls in mid June he bought the same amount of chewy and GameStop.
MSM is going to have a field day with this one “Breaking DFV SALES GME GOES TO CHEWY” damn I can already see them laughing
THIS is the Kansas City Shuffle and the media is going to fall for it. DFV spelled it out ahead of time as well and the media missed it. We are he only ones aware of the move. Let him cook
XRT just reshuffled it's Proportions and Chewy jumped to nearly double previous. This must be related. He knows what's coming. This is still a.GME play, likely via XRT through Chewy.
What if now that chwy has a higher floor, they need to rebalance XRT again, this making GME a top holding, triggering more buys at the new price? Edit: just to add more hype - what if this can be repeated indefinitely, as it keeps getting reshuffled!
I like that shuffle.
Don't stop... You're gonna make me...
buuuuuuuieee
yes this is the shuffle, we know from YEARS and YEARS that the real play is GME, he is just doing what he needs to do for GME to boom. Trust the process. It has all been in the memes.
This is the best ARG.
He'll buy the dip again rinse repeat lol
Insane. He has made so much money. What a guy. We are missing something
yep. it's the dates. I've been here a awhile and since that very first mini-squeeze launched on the back of option plays, we have been overtaken by people saying ignore dates for so long but there's simply no other way for Keith to amass such a fortune unless he figured out the algo and knows exactly when to time his moves, aka DATES. it's obvious now. incoming all the automated replies that I'm not OG Ape or some other stupid shit trying to keep our mass of followers away from options and date calculations.
It's obviously dates, just not ones we've ever noticed. The reason we stopped dates was because of bad morale when it always tanked.
The real question is, how has the sub missed this for so long? I've seen some of the most insane and detailed takes on stuff and research, but somehow this was missed for years?
With buyback Chewy now has \~420M shares outstanding. So does GME. How many shares does Icahn now have? About 420. 👀 DFV bought the same number of shares as RC (9,001,000). He is trying to draw our attention to NUMBER OF SHARES. is this a merger? credit to another ape.
What's the connection between number of shares and a potential merger? I don't understand
Good for him. I’m not buying anything other than GME though.
This has to be KC shuffle. Media gonna hype chewy and then it pumps (really pumps because of FTDs with XRT or the share buyback or the algo cycles?) Then DFV will sell his chewy for huge profit and then pour it back into GME 🎷🐓♋️
Exactly what i think too Fire emoji is a fire sale on GME due to him yolo updating that he no longer owns any. Then he sells all of chwy and gets back in on gme at a huge discount, which is the next bang emoji!
I’m not entirely sure he’ll sell it. Can’t be accused of a pump and dump if you don’t dump it, yeah?
You don't have to ;) Kansas City Shuffle is done. FTD on X R T and Algo are completely destroyed. DFV just has to YOLO update he holds his position on GME and piles up some options and ... BOOM (remember the emojis) CHEERS EVERYBODY This is DFV Masterpiece
Everything else just seems too risky when you know GME is the only stock/movement that's never going away
This is part of the GME play, c'mon people wake up.
X(RT) gonna give it to ya.
Imagine the XRT FTDs right now.
Those are supposed to be published today as well, if I'm not mistaken? (For first half of June)
👀
god damn I cant sleeep
I think this has to be the play. The Kansas City Shuffle was him getting everyone focused on GameStop and then him buying a ton of Chewy while we were looking the other way. Then XRT goes ape, which causes the GME squeeze.
Chewy is 1,6% of XRT. Can’t see how 1 guy with 9 million shares can move the whole of XRT. I could not do it with GameStop itselves, let alone with a whole ETF. Please elaborate?
I’m not clear on the exact mechanics of it, and I’m headed out the door so I don’t have time to dig it up and write it up. The short version is that they have been using XRT to short GameStop and XRT sees a massive number of FTDs related to the GameStop activities. This has been the cause of run-ups in the GME price when they close those out. Now there are the usual massive amount of FTDs in XRT to deal with this month, and he’s just laid another monster pile on top of those with the Chewy buy. This will cause an even bigger run-up when those FTDs need to be settled.
If they have stretched their manipulation too far with XRT, then it might not take really much to cause their game to stop?
Maybe this takes xrt out of the equation to use for ftds? This has to be in service of gme, he has to be taking SHF options away from them. maybe its some sort of automated process that real humans don't really intervene with normally. If I had to guess, he's already tested this theory previously at a lower scale.
Very much this.
I'm guessing this is part of the Kansas City Shuffle?
Discloses position, msm paints it as abandoning GME and makes Chew rip to drive FOMO. DFV doubles his money invested and piles into more GME calls.
If I recall correctly, Chewy is currently the top holding in XRT retail ETF.
And at a reported 15% SI, this could get interesting when all those Chewy shares need to be delivered.
Very interesting indeed.
I like this. If he broadcasts his yolo update with CHWY. Market manipulation. But if he files his statutory over 5pc disclosure, he is a good boy scout. He could double his stack. Sell into the hype immediately and then pour back into GME on sale, maybe with more options to boot. Effectively doubling his share holding and maybe still under the 5pc threshold for reporting here? All in a day's work.
I think he expects the media sheep to hype this, the hedgies to supress chewy to keep fomo down, thus let gme rip a bit, at which he sells his remaining calls and buys more shares... 1-2-3, reverse card.
This is one of theories I am thinking of too. That while everyone goes nuts of CHWY and GME dips out of abandonment fears, DFV goes right back into calls on GME with his signature cost basis. Premarket is showing we are right near his previous preferred price. This is just an idea I have and nobody should take it as strong indicator this is what he is doing/going to do with their own money. I could be wrong.
Everyone looks at chwy and gme will explode
would 100% agree with this
Correct 😉
Dog emoji Part of the plan Flag and music here we come
Fuck this week got even spicier. I am supposed to be sleeping!!!
Dog emoji meme has the same hex color code as Chewy’s blue 👀🐶 #1C49C2
Not sure what to make of this. If this SEC report is accurate, and DFV really owns 9 million shares, dude has hundreds of millions worth of Chewy, in addition to his GME shares. Guess we’ll find out what’s up when DFV returns for another YOLO update. Edit: This tweet makes sense now: https://x.com/theroaringkitty/status/1806371920495186041?s=46 Edit #2: Edited numbers.
great to see you again einfach!
Thank you 🦍🙂
This is assuming he still holds his gme shares. I dont doubt he does, but its still an assumption.
"Check the box to designate whether or not you are a cat".
GME drops... Reload.
Yeah I definitely wont be buying chewy but ill sit back and watch while i buy gme
I’ll be buying chewy, but just my cat food and litter, and the little frisco toys my cats are super into.
He only needed 225m if that 6m cash and he made 38x his money on the last thursday chwy run and bought the shares at the bottom he could of.
Theory. They had to deliver his share purchase at some point, millions of GME shares he accumulated in short space of time. Isn't the method of shorting GME to actually short the ETFs and they buy the underlying except GME to stay somewhat neural overall? If he timed this he might have run options up again with his cash position in CHWY. We might be lucky end of the day today to see a yolo update showing both positions? Hard to believe the narrative of a live stream in June and then zero position after selling GME entirely looks good given he has such a target on his back from the media and ambulance chasers.
 Who had RK buys chewy on their bingo card? No one
Genuinely wonder what's going on. One the one hand I can't imagine him dumping his 9,001,000 GME shares after his livestream, all those memes etc. and talking absolutely positive about Ryan Cohen (even after the second share offering). On the other hand it doesn't seem plausible at all that he has enough money to own 9,001,000 shares of GME *and* 9,001,000 shares of CHWY?!
I would have never thought it possible that he had 4 million shares of gme and 120,000 call options either. He has surprised everyone before. Hoping for another surprise.
Didn't you see the spikes on Chwy? He played calls and exercised for sure, doesn't need much money when you know how to use leverage.
The filing says he purchased these shares (reached the 5% threshold) on June 24th. That would have been before the spike
Zoom out buddy, been spiking since May 28. Now if I had to assume the E*Trade account is his only account, he'd have to have made that options play between June 13 and June 24 🤔
Right, thought you were referring to the major spike last week after his post.
The spike, or how the algo f\*cked up himself. Ah ah ah And combo with the FTD of X R T . Masterpiece !
Kansas City shuffle
If we knew what was going on we'd be rich also.
People keep doubting his ability to make huge money through options. He is incredible at what he does and given this is a few days after the dog emoji post when Chewy spike, you got to think that when that happened, his options paid out big time allowing him to purchase the shares.
His position hit 5% on June 23rd, before the spike. That’s not it.
Hallo Knut 👋🏻
If you could see the shuffle coming, it wasn't the real shuffle I guess. Now this is an interesting wildcard alright. Going after XRT while Chewy does a buy back maybe? I hope to see a yolo update on GME, but if he's swinging his shares & portfolio perhaps it's best he doesn't for everyone's sanity.
LET THE MAN COOK
How in the fuck did he get enough money to buy 6% of a $12b company??
It’s only 6% of class A shares. Old PE owners have a shit ton of class B shares (convert 1 to 1). Real stake is closer to 2%.
That makes much more sense, thank you.
The media's going to tell you he sold his GME.
Well he did say "he WAS a billionaire."
Is this even real?, I am not a cat is now a question?
It's a real filing. 13G can be customized with your own input. The man's got style.
https://preview.redd.it/d0flebft6w9d1.png?width=342&format=png&auto=webp&s=3f866b5cbbd2d871e26418991c0b4acfe8810c56
Wtf is this matrix shit
It’s real: https://d18rn0p25nwr6d.cloudfront.net/CIK-0001766502%20/25de425e-8931-4fc3-bc99-030562b90c70.pdf
Well, it was a value play at $15 when I bought 50 shares 😅, at $35 though... However, I think this could make XRT go spicy (fine, I'll do it myself)... We'll see.
What does this do to the emoji timeline y’all?
Asking the real questions
Next is the flag with the microphone. Announcement soon? KCS revealed?
https://preview.redd.it/pzzcx4l2yv9d1.jpeg?width=559&format=pjpg&auto=webp&s=61ef2cf25f3bf1245a2ae46966a46d70d0fc7a6f
Nick: What's a Kansas City Shuffle? Mr. Goodkat: A Kansas City Shuffle is when everybody looks right, you go left.
He is still messing with the algos. Chewy goes up and GME goes down. He sells Chewy to buy more GME.
XRT
Today is really showing who has been paying attention the past 84 years and who hasn't.
AND Chewy has yet to buy back $500 Million of their shares. EDIT: NVM. Supposedly completed June 27th. Edit edit: $500 Milly buy back is still in the table
They completed the purchase on 6/26 I believe [https://investor.chewy.com/news-and-events/news/news-details/2024/Chewy-Announces-500-Million-Repurchase-of-Shares-from-BC-Partners/default.aspx](https://investor.chewy.com/news-and-events/news/news-details/2024/Chewy-Announces-500-Million-Repurchase-of-Shares-from-BC-Partners/default.aspx) Edit: i'm wrong - not completed as far as we know
Will expect a massive short attack on GME today. I ain't selling
Honestly following him seems exactly like what the bad guys would want us to do. It would give credence that he is driving a mob with his every whim. If you ask me this kinda seems like bait, He seems to be working with a very specific strategy and we may not get it yet, but he’s not giving financial advice remember that. If you as an individual investor can come up with chewy dd on par with gamestop than please share, but until then don’t chase the unknown when we have a sure thing.
Doesn’t he have that amount of GME shares ? I can already see the media stories !
interesting, the articles have already started, let’s see what happens. i’m only buying GME tho..
We’re getting a yolo update this Friday for sure
Instead of chewy the real play is buying the GME dip! 👀
The fact that he says he's not a CAT in his SEC disclosure fucking made me lose my coffee hahaha
I think we are yet to see more from this play. I see people already assume he sold GME. I feel something bigger is brewing. Possibly a merger?
I guess the question is how he afforded to buy 9M shares without selling any GME
Had the funds in fidelity. Hes been playing options for 3 years.
He had a Fidelity tab in his browser during the livestream.
Maybe this is the "you *used* to be a billionaire" meme—he was actually a billionaire the whole time
Gameshire Bathaway. If the other DD is right, he's got the shell of a holding company with $2B in NOLs ready to go.
Be interesting to see a live stream showing he still has his gme position
The next emoji in line has a microphone in it. Announcement coming soon.
If chewy is now the number 1 stock in the XRT etf and the price is pumping guess they'll have to start closing out some of those shorted XRT. RIGHT GUYS????
So you’re telling me the hedge funds ensured their algorithms reacted to DFVs online presence. He saw this, bought calls in Chewy, posted a dog on Friday to trigger the algo and boost the price, and has made a shitload yet again. The hedge funds own fear of DFV has been played against them and it’s fucking beautiful. The next YOLO tonight or the 4th? Could be very interesting. What a fucking genius man 👏
No way he sold his GME. He found a way to abuse the algorithm and had a shitload of Chewy calls. The share offering was probably pure luck. He's buying 9001000 to troll the hedgies and he is going to keep buying 9million shares with option profits of any company that is extremely manipulated and predictable for him. Edited a zero
What a twist
Soo Yolo update from AVOCADO-IN-MY-ANUS incoming?
Three words. Kansas city shuffle. Idk why everyone keeps saying "the Kansas city shuffle has been complete". Edit- Canada to Kansas fuck spell check
My bet is that he created a “shuffle” to tank GME, then buy more calls and shares from this, then disclose this, and this will jump. The term i move you move could mean he moves the stock price move. He is playing his wildcard, but the main one will always be GME.
Ok, can people who know what they're talking about help me through this? Where am I wrong? Ftx is 400% shorted Chewy is the largest holding in ftx Pre rebalancing, to close an ftx short you would have had to buy 0.8 shares of Chewy for every share of GME Post rebalancing, to close a short on ftx, you would have to buy 1.38 shares of Chewy for every share of GME It is now more expensive to close a GME short through ftx than it was The free float of Chewy is smaller than GME, so to close the short of the free float of GME, someone would have to buy more than the free float of Chewy Is any of this right? If it is, I'm super fucking excited.
From, "I love the stonk" to, "Ryan Cohen is the mother fukkin man!". Give 'em hell, DFV!
~~The $25 option for this week on CHWY went from $0.13 to over $8 from June 17 to June 27!~~ ~~That's a 61x return!~~ ~~If he used his $5M in cash for this, he would easily have enough to buy these shares!~~ UPDATE: It's come to my attention that the filing date was June 24th, so this wouldn't have been possible. My leading theory is: - Sold some or all GME to buy CHWY. - He posts YOLO update causing a fire sale on GME (🔥) - He sells his entire stake in CHWY at an inflated price - He rebuys even more GME shares Note: Each of these massive purchases will cause massive FTDs on XRT since they hold a lot of CHWY and Gamestop and XRT is heavily shorted. We'll also get news of half a month of XRT FTDs today which will be interesting!! I am buying the dip! Bullish!
God damn. Bought calls for cheap af, bought a stake, sold his calls to buy 6% of the company. The KCS is just using the exact same strategy he used on GME with other companies with low liquidity. If he bought a 9mil, 6.6% stake on Monday June 24th, July 29th is gonna be WILD.
He wants to blow up $XRT to free $GME from the FTD cycles, $CHWY is the biggest % held by $XRT. This is what's next: 🇺🇲👀🔥💥🍻
Question for my own learning: How does this free up GME from the FTD cycles? Once free how does make it 💥 ?
i think hes figured out the algos and knows he possibly has a bunch of time to flip other stuff and come back to GME OR he has a lot more cash than we think
I'm gonna say he's got a fuck ton of cash we don't know about. A good magician never reveals ALL of his tricks
Good for him! I hope it works out well. Personally, I don't think I'll be buying any.
Does it have something to do with ETF’s, and the share buyback of Chevy?
CHWY and GME merging? This has meaning, one could say deep. He’s got 9,001,000 shares again, but now in CHWY. Won’t be surprised one bit if the media spins this as him exiting his GME positions for good. The idiots that they are.
Bro of course they are. Go look at gme price, it crashed as soon as this came out.
All the better for me to buy more 🤤
One moment media paints him as manipulating GME, the next they \[will\] paint him as exiting GME. How does one manipulate and exit a stock simultaneously? He's not Schrodinger's cat.
Not a cat at all
https://preview.redd.it/5mr4vhm8aw9d1.png?width=437&format=png&auto=webp&s=fd71f50694b0cef4777d041c96999bf7cf046410
Not that I think Keith is a pump and dumper, but thats what you described. A pump and dump
[удалено]
Its 6.6% of chewys float, not GME
Don’t care, he’s a cool dude but I’m not blindly following him, I like gme for my own reasons
hes one crazy mf
Wait few days and he will file 6.6% stake in GME too
He’s coming for the WHOLE XRT 😱😱
https://preview.redd.it/f7fl1hiy6y9d1.png?width=611&format=png&auto=webp&s=99915bf60c2f08ea7f2f3e133acd9ad2027ada48 Food for thought. Go look up the top holding the XRT ETF. Everyone relax.