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kelkun
@kelkun
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Husband. Quadruple father. Grandfather. Trader. Rocker.
Montreal, QC
Joined March 2012
I've never understood why people get excited about "inflows". They think it means people are injecting money into the ETF but the only people that can do that are authorized participants and they aren't injecting shit. They are requesting a create to cover their short position coming from slamming the natural buyers in the market. There's your "inflow".
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The best thing they could do for the sector would be to temporarily pause creates so when big buyers come in, they can organically buy it up in the market without APs slamming it and then coming in with their fkn "inflows" to cover. But they won't, that would mean giving up fees. So everyone else can just suck it.
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@rp111113 @J_Invests24 Main problem is "inflows". If they would temporarily pause share creates, you would see the sector move higher. But they won't do that, because more creates means more fees in their pockets.
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@TheDankInformer Every time a big bid comes in on the ETF, instead of letting it naturally drive the sector up with the lack of natural sellers, an AP shorts it and blocks upward movement and asks for a create. Fkn "inflows". I wish creates were suspended.
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@GRCapital4 Nope but at least it's great for short-term stuff, vol is good! On swings, you have to trim stuff on pops and you get to buy back lower. I think on $FCX, I've done it 4 times in the past couple of weeks on part of my position.
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@HammanShares @Manpreazy @junglejava1 @winloseandwin @c2412345 @WeedStreet420 Right. NAV $3.60....seems super legit vs where the prices were at 3:55.
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@Manpreazy @junglejava1 @winloseandwin @c2412345 @WeedStreet420 Except, it's more...AP shorts big buys in $MSOS, therefore killing natural momentum. Spends rest of day keeping pressure on and then slams underlyings into the close at prices that make no sense in order to receive ETF shares at fake, cheap NAV to cover short.
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RT @NFL_DovKleiman: Insane: A reporter asked Patrick Mahomes who his favorite Referee is that helps the #Chiefs win games: โFor your wholeโฆ
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