I respect your understanding of the market, but I can't see how what you said happened. Could you help me?
I am spending so much time keeping this in the forefront because I feel it is extremely telling and has already changed the game.
First, I am not sure it was "collusion." It is just that from what I have learned from this thread, is that often there is often collusion by one set against another. I am not suggesting the collusion was illegal, and not even whether the FACT was discovered/figured out/given/acquired in an illegal manner. I don't care. I just fel as though some more good is coming because of what happened.
I do believe that so much money was dumped in such an irrational manner that there was a level of desperation to get a certain amount of stock bought before something else changed (like another sector of buyers found out the "FACT," and raised the price even higher.).
And the behavior was such that it feels the impetus is a FACT, not a guess, not a belief...a fact. Something beyond reproach that was going to force all those involved to buy. Like an overwhelmingly good Profit Report, or the voting for inclusion in the S&P 500.
I think when the price broke away from the ability of the MM to suppress it the big Buyer(s) would have backed off, and judiciously purchased at a less dynamic point in time if the fact wasn't likely to reach other buyers soon. I am not saying it would be released to the public, just that other groups of buyers might have access through their networks soon.
So no, something forced the Buyer to keep running the price up AFTER the MM's had been destroyed. They needed those stocks so bad they went ahead and drove it up and kept buying. They needed them to the point that price wasn't the barrier. And the purchase of the HUGE block of calls the day before has me believing the (block of) Buyers developed the plan of "just keep buying till we have the number we need before the news spreads to other segments that will buy once they know it too. Not that it will be released to the public very soon, just "known" to other purchasing segments of the market regardless of how it disseminates.
AND there was nothing out there that caused this sudden movement of a quiet morning where it had been accepted since the middle of the week that the MM's were going to keep the price between $1380-$1400 to cause Max pain. And then the lid was blown off. It didn't matter, a certain number of stocks were going to be bought. And the day before a huge block ($550k worth) were bought just the day before because the buyer(s) knew they were going to have to buy so much it would definitely raise the price over $1500, which was going to be an increase of around $120 over where the MM's would try to keep it. This action shows it was NOT Robinhood retail investing type of purchases. It was someone that has been successfully playing the game for a long time.
And ya know what
I am spending so much time keeping this in the forefront because I feel it is extremely telling, and has already changed the game. First it has at the very least given the MM's a concussion, if not weakened it to the point it can't effectively manipulate TSLA like it has. Or perhaps convinced the MM's to go play somewhere else. And that would be great. Not likely, but such a strong loss by the MM's warmed all our hearts at the possibility... almost as much as the nice bump to the SP.
Secondly is the FACT that one powerful entity within the market is aware of a FACT, and we are not. Most of us "know" that Q2 has been profitable, and that S&P 500 inclusion is almost certain. But we do not have a cold hard document of the Profits, nor the inclusion. We are just riding along, doing our HODL or our little options' stuff. I feel that the behavior demonstrated in this BULL Raid shows how solid the information was, how big a fact it is, and how the information will have a huge impact on the stock price as soon as it is released to the public.
And that means good things are definitely coming.
HODL with a smile.
