E353 T+35 

The whole concept of a Failure To Deliver is a disgrace and something the financial markets should be ashamed of. How can you borrow something and sell it, then when it comes to actually buying what you sold you don't bother? You just created a counterfeit share that you got paid for, that should not exist, drives the price of the underlying stock down by dilution and completely undermines the company you shorted and it's shareholders illegally. The fact that this is not just allowed, but allowed over and over and over by paying a small fine and not even admitting the crime is the most incredible of all.

They don’t even see this as being wrong. Korea has the right idea banning shorts. This market is absolutely corrupt

Perfect timing dude. Just sat on the deck with a cup of coffee

I’m the guy who wrote the KOSS DD right before it ran. I think there’s some details in the DD that people aren’t fully grasping. I also added several updates to the post throughout the week for those that are curious.

Imagine you ordered something on Amazon and you get the box and open it and it’s just a piece of paper that says “I owe you that thing. T + 35 or something”

I can’t even explain it, but recently I’ve been feeling like I don’t even have to affirm myself in GME anymore. The inevitability feels palpable. Like a calm is finally washing over everything.

XRT is 400% short. It’s all right there imo. They just bounce around their covering in the short etf and have an infinite can kick. I believe kitty is trying to blow up XRT. No small task

I thought you were on vacation? I hope you get a break. Your persistent resilience is much appreciated.

You mentioned the missed GME/XRT whale purchase July 3/5. But that is when KOSS popped off, T+35+21 aligns with all of the August settlements for XRT, CHWY and GME. Aug 7-30 August might be insane.

Roaring Kitty *updated* his ‘Live Stream’ playlist today

I see Richard Newton, I press Like

I bought and sold some KOSS last week like a day trader. I took some profits and still am hodling one share for kicks. More money for GME. Happy Saturday, Sir Richard! 💎🤙😎🚀

I love the idea that the kitty has already bought up all of the available shares of KOSS and he’s going to show the world that they are trading shares that don’t exist

We should look into who is backing Koss. The market maker, if anyone gave them a loan, there’s gotta be a Wall Street firm that popped up to make Koss a thing all of a sudden. Let’s check the filings. Somebody has access to Koss shares and pledged them somehow. Koss is small enough that we should be able to figure it out, Imma check the board.

I'd speculate that the times when KOSS doesn't correlate with GME, then it'll be correlating with another company they were in the process of cellar boxing

Let's Goooooooo

Sighs. When there is no limit to supply, price discovery doesn’t happen. They set the price until they can’t. So we wait. Happy to wait with your attempt to puzzle this one out. Appreciate you.

Richard, the crazy thing about Koss is that they only have 9 million shares outstanding and insiders still hold a lot of them. So an estimated ten times the number of available shares (per day) have been traded in the last few days. Is Koss perhaps in a swap basket because hedge funds at some point bought more shares than actually exist? This is exactly the theory that gamestop follows and it seems to be true. Crime

Been looking forward to your update this weekend! Thanks for all you do - I hope you and yours had enjoyed a nice 4th of July celebration 🎆

I was looking at the data in your spreadsheet and I noticed KOSS Volume is the largest it's ever been, I think it's very telling of what's to come. AMAZING!!! Wow!!! Expecting something massive soon.

I think I have a smart idea. If I am right... I do not have a platform, voice, or microphone to get the community to actively correspond with the SEC to spark change. However; WE, the retail investors recently saw our capabilities when we voice together in changing settlement to T+1. We asked for something reasonable (instead of pushing for instant settlement) and after some time, with consistency we got it proposed and made the new normal.... so, here's my idea [ WE, the retail investors should push for T +5 settlement ] we will lose if we push for zero FTD's in the name of "liquidity". However, I believe we can be successful if we show how capital formation is being decimated by allowing trades to be settled 10 times per year roughly; in a best case scenario.

right on time! thanks for posting so consistently

Appreciate your vids as a relatively new investor. Thanks for the transparency. BTW to my limited understanding T35 is calendar days and not trading days. Cheers

Spot on! This time round it is not about short sellers but MM. You would need to find equity swaps plus cross swaps AMC - GME

The ETFs that include Koss Corporation (KOSS) in their holdings: iShares Micro-Cap ETF (IWC): This ETF holds Koss stock, as mentioned in the Seeking Alpha information. Vanguard Total Stock Market ETF (VTI): VTI is mentioned as a common ETF holding both GameStop and Koss. Vanguard Extended Market ETF (VXF): VXF is also mentioned as a common ETF containing both GameStop and Koss.

idea for your consideration Richard. We have been focusing on stocks getting shorted with the swaps. Find next one wait for volatility, etc. Simple What about other stocks in swap baskets. Are they not getting pumped as source of collateral. If we can expose those stocks, rather than just guess nvidia or btc, we can formulate a clearer picture that can be understood by most, rather than complex option trades

Hey Richard, great video ! Because we are always wrong, there will be a cycle end of July 😂 LFG GME Have a great day

Thank you for all you do Richard!!! It's been a wild ride these last almost four years and you are now one of only four people i listen to in regards to GME.

they are baking on capitulation. Im ***** but i wont say it. I will hold. Your video from recently about "doing what they dont expect you to" was very powerful. The message is and has been so clear. Hold.

I think the stock only moves when i stop looking at it...

How is this not illegal ? What the heck!

$MVIS 👀 might be the next emoji in DFVs 35 emojis. The 🎤 is clearly $SIRI. $MVIS - 43.61% off exchange 564,633 volume - 27.30% short interest 53,598,515 shares short on 6/14. T+43 8/15 - Avg # of FTDs per day in June 198,665 -Green god candle May 14th following $GME rally

for some reason i wrote down t+6+35+3 a long time ago while listening to PI-FI explain something including ftds. It was in my notes.

GME is the prime mover - Richard Aquinas 🙏

I was looking into things, and one thought I had why GME didn't spike on 7-3, looking at DTCC important notices, Citibank filed on 7-3 saying they were refusing to pay their bill that was due and as a result no payment was processed. I don't KNOW that it's definitely GME related, but I suspect it is, and then what's the fallout from this event? no clue unfortunately

I remember watching KOSS go up 20000% in 2020. That's wild

Richard Newton. Just a thought but if you consider that there are three quarter notes (two tied together indicating that they’re played together) 1Q,2Q&3Q three quarters in the fiscal year 1st note is a D 2nd Note a B 3rd note is an A In the first Q earnings $GME earned 19mil less than projected. But net loss was only 32.3 mil, 18.2 mil above the market projections and GME issued 75mil shares adding to the 45mil currently in existence. And increase of 166.66% increase which dropped share prices by 39%. The market has since recovered staying at around $24 per share thus far this quarter. A nearly 100% increase over the base line of last quarter. Thoughts?

My favorite part about watching your videos is that I always get Robinhood ads 😂

The stock will never see the true movement til some sneaky lil turd brute force breaks into their mainframes and malware-blocks their off-exchange transaction methods, forcing everything to trade on the books and free of manipulation

22:35 "when I move you move" ahh so that's what RK meant.

Richard, you spoke really well on the live stream, would be cool to see more live streams from you.

What is really problematic with these derivatives and other financial vehicles is that the shorts can keep on creating new instances. There really isn't a hard limit to these internalizing mechanisms, it seems mostly dependent on the availability of counterparties, which is downstream of the macroeconomic environment. In many ways Gamestop is just a macroeconomic play targeting the fragility of interconnected markets. If you want to move price action from one security to another, you could conceivably open multiple basket swaps using multiple securities to force counterparties to hedge their exposure to the collection of swaps as a whole by moving the price of a range of securities to your benefit. Essentially, as with Archegos, we've seen that you can engineer what sort of hedging your counterparties will engage in if you plan accordingly.

If I can shill Bed Bath, we just found out Cohen has been in charge since Jan 2023, and the current CEO has been "allowed" to remain as a figurehead

Can’t wait for that livestream

So why do you think GameStop volume has been dropping off while Koss had the highest volume day in quite some time? (nvm, I was halfway through and you just answered the question LOL) Also, want to say that I really appreciate your videos and they have helped me have such a better understanding of cycles and developments surrounding these stocks!

You're always worth watching.

The one the only!! Let's gooooo!!!

If you buy options wait for low IV and be prepared to roll them longer. Everytime there has been a hyped date( opex, c35. etc) it doesnt seem to run when we expect. DFV may give us a sign with his 5000 block purchases before the next run though.

Hi Richard, I was literally just reviewing your videos again from the past few days as I like to watch them a few times. Quick question. Would you possibly be willing to share a list of books that you think would be beneficial to a new investor trying to educate themselves further? Thanks again for all of your research, as well as your mild-mannered and resilient approach.

Thanks, Richard. I like dates.

It''ll be great to be a fly on the wall when you two stream together. Two of my favorite channels.

Always appreciate your videos, Richard! Will definitely be checking out Erik's podcast.

Thanks Richard! Appreciate you!

Thanks for the great video content! Hey from the UK.

In my cycle sneeze posts I break down the algo, and then I had a follow up post called what's an algo and it showed some other stocks using the same algo. Hello Aladdin

It’s a good Saturday

What if DFV post his next update 35 days after his last update … would be 18/19th July right? 😎

Always great videos and content. It’s hard to figure out the hows but eventually we will see the Ponzi scheme soon

Koss must be in a swap with gme, for sure. Thing is since the sneeze, when gme runs koss follows, but not the other way around...

Great information for the new-ish investor/trader and Richard gives it away for free...😀 Watched this enjoying a cold🍺 Thank you sir.

Thanks so much for your video Richard, this timeline we are living in is one of the craziest things I would never have expected to live in my life. Plus with everything else going on in life, I can feel almost everyone is on edge lately and has been getting worse. I wish you and everyone else passionate about GME the best. I really hope we can make it through these strong waters, this is one of the craziest experience of my lifetime. Take care out there my friends.

I dont really think the trading days are applicable to KOSS. I think your first assumption is right in that it's tied to GME through those historical swaps and so it just so happens to run when GME runs, not because of cycles triggering.

For Koss, regular stocks run on T+3 for Market Makers and for ETFs (gamestop short) there is exemption for T+6, I'm wondering if the participants are using this rule difference to their advantage right now. I would need to see in next 2-3 trading days if this is reflective.

Wooo new video!!

I keep hearing T-35 is trading days, business days, etc. but I read the rule and it says calendar days: "no later than the beginning of regular trading hours on the thirty-fifth consecutive calendar day following the trade date for the transaction, immediately close out the fail to deliver position by purchasing securities of like kind and quantity". Not saying one or the other is wrong, just thinking it would benefit everyone to get 100% clarity since I think there is something to the T-35 rule.

Great video. Thank you RN

Great content and explanation

What do you mean XRT is full? What data can i follow in order to see the ETF that is full, and they have to pass to another ETF?

I think RC should buy the PSA grading company. That would be huge. Also snp500 inclusion would be a nice catalyst. Cheers! 🍻

"The SEC has been investigating and prosecuting insider trading cases, including a novel theory of insider trading liability known as “shadow trading.” Shadow trading involves an investor possessing material non-public information about one company and trading in the securities of another company with which it shares a connection. The SEC’s first “shadow trading” case, SEC v. Panuwat, is set to go to trial in 2024." would naked shorting be considered material non public information if they are shuffling the fails all over the place?

Could RK be running these stocks up before the swaps are renewed? In Order to screw them?

I was previously thinking the emoji eyes meant him buying call options. I thought that when he had put the eyes on the dog. This morning, I woke up thinking....why would he choose eyes to represent purchasing call options? And then I realized the connection Eyes = See = C (calls) The flame then represents the gamma igniting and then of course the explosion (pop) and beer (celebration) We will also "see" him purchase call options on the chain and I suspect this will happen soon

Richard can you look at ETF and Index rebalancing as an issue? My thoughts on the run up was institutions betting GameStop would be profitable and able to be added to S&P500. When they announced they were not profitable they were no longer viable to be inducted. Once GameStop is added to S&P… that will be the run. Imo.

Koss is over, it’s BB now Richard!!!

Not sure why you’re adding +21? It’s trade date + 35 calendar days as per SEC rule. So the 4M FTDs from RK buy have to be bought before 7/18. Am I missing something?

Koss dropped -13% June 28 Friday with no news and GME dropped -13% from June 28-July1 with DFV lawsuit and dismissed on same day. I do think it's either shorts or longs did the lawsuit to create similar algo as KOSS. I do expect gap up on Monday or rally before OPEX like in May and big final short squeeze in September. It does seem like every 2 months, this big gamma + FTD + short squeeze happened until bull cyle ends.

Can't GME remove options from it's stock? What would that look like?

Thoughts on MAXN? Over 50% short rn

Thanks Bro

Lets gooooo🎉🎉

Do you know the FTD cycle for GameStop and XRT when Ryan Cohen bought on December 17, 2020? Wondering how it correlates with the 2021 January sneeze

Alright amigo. I'm throwing a theory at ya. Purple pepe does a sell off and come Monday morning... boom gme. 😅 ps thanks for getting back to my message. That collab video you guys did was really solid. Keep up the good work

Someone (perhaps speculatively RK) could have purchased the entire KOSS float on 7/3 & 7/5. If that was done, then "they" cannot use KOSS any longer as a tool, therefore one less "option (not as in derivative)" for them to utilize and forcing their hands to use another candidate. Little by little, systematically showing the world (regulators) how corrupt the system is, examples such as (GME, RK's delayed livestream while Algos were running & various halts throughout, recently CHWY, and now KOSS). But I'm much worse than Sir Richard, I am always wrong.. so I'll keep eating my crayons and drinking my hard seltzers. (**Edited: If anyone owns more than 10% of KOSS they need to report it within two days whereas if they owns 5%, then has 10 days. So we’ll know for sure on Monday.)

Why wouldn’t shorts want to allow the price to run into an empty options chain? It would be like: “The price would rise, but your options wouldn’t hurt me.”

Love me some Richard Newton while mowing my grass and drinking a beer 🍺.

Koss is not in XRT. Not sure if it was before. MEME etf doesn’t exist anymore. Weighting for GME is now very low in XRT. Only 1.15% after it was top holding before June 21 rebalance. Caravan and Chewy are now largest holdings in XRT. Check tipranks for XRT listing and changes.

Sneeze likely due this week. No date available. I understand why you think we're skipping it, though.

Have you looked into leveraged ETFs? That seems to be a tool more rife for abuse where they can amplify the effects but I haven’t heard them talked about much. I expect that’s what they are using.

Thank you

Hi Richard, thanks for your video. You mention 8/8 a lot in this video but nothing around 18th July which would be T+35 from RKs 4 mil share purchase on 13th June and also lines up with Biggy's theory - do you no longer expect anything around this date? 🙂

dude market makers can be naked short without a borrow they do not pay the borrow negative rebait that is the rule and they can rollover trades nakedly in limitless time periods.

Just a thought. Maybe market makers are just randomly manipulating other stocks to keep our attention off of GameStop. We are all so desperate for news, that we see all kinds of correlations where there are none.

I guess my question would be with all these settlement dates, obviously they want to kick the can on having to pay any money as long as they can which I could completely see why they wait the full 35 days, but do they have to wait 35 days? If they saw or deemed it fit to fulfill all their positions on day 10 or day 14 or day 28 could they do that?or is it mandatory you have to buy them on the 35th because I could see everybody figuring that out and having knowing that they have to buy. So are they able to fulfill any time with the 35 days or is it mandated on that 35th day they need to be fulfilling their positions.

I totally get your point on July, but what and how can MM address RK share buy? That would have to show in July??

Rich..no volume lately on GME , if they control volume how is it suppose to move?? once it does move they will halt it thus killing momentum how the hell is GME suppose to run then ???

Ok so can somebody explain me this T+35, T+21, Im completely new in this and it feel like missing the point here, thanks

What we reckon for Koss on monday then? Will it follow the pattern?

Love me some Snorlax!

Thanka😊

Can you tell i was waiting for your vid lol greetings keep up the good work