I only started learning trading a few weeks ago. I picked PARA to learn options trading and chart reading.
I added movie references for the APEs that may find this.
From everything going on with GME (The Big Short) nobody is really paying attention to PARA (Lucky Number Sleven) and Archegos Capital (Margin Call)
Everyone can agree that VIAC is now 30-50% undervalued.
The overdramatic selloff is over. Smoke is just settling. Its time to make money.
Here is all my research the past 6 weeks. You draw your own conclusions.
My research is that HWang needed to cover shorts in order on all these stocks PARA, DISCA, TME, VIPS, IQ and many many others. It makes no sense HWang was long on any of these stocks because they ALL were at ALL TIME HIGHS.
The Hedge Funds fuck around with Dark Pools and this is a result.
Mapped to a 4hr Chart you can see the prices, dates and volume of dark pool shares being dumped on the open market.
I speculate that this was HWang trying to dump his own pools of shares on the market. Someone might have a better idea how this may have occurred.
The stories are FLYING about what really happened around Archegos Capital (Margin Call) but the real robbery was on equities like PARA (Lucky Number Sleven).
It's only a matter of time before the Risk Management at GS, MS and all the other hedge funds realize they need to cover the massive amount of OTM calls just incase PARA snaps back, which I think is going to happen as soon as April 16.
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