/biz/ - Business & Finance

>>57441355
wow aapl is down 85% in fidelity buy orders and spy is down 62% buy orders.

Its feeling like the market is fearful, and im feelin greeding.

How do GME and APE retail orders on Fidelity compare, on this day with massive APE volume?
This shows us something about retail buying power.

Limitations:
>Extreme limitation: this assumes that every order is the same number of shares, while in reality just a few orders might be 90% or more of daily Fidelity volume.
>The total # orders leaderboard can be botted using a wave of Fidelity accounts submitting a huge amount of small orders
>Next to 1/10/100 average share order, a $100, $500, $1000, $1500 average $ amount order should be added. This will kind of defeat the point, but a good control to add.

>APE: 57% buy (2925 orders)
>APE: 43% sell (2236 orders)
>AMC: 80% buy (3272 orders)
>AMC: 20% sell (830 orders)
>GME: 92% buy (3745 orders)
>GME: 8% sell (341 orders)

Napkin math with $19.21 VWAP for GME
$1.20 VWAP for APE
$4.54 VWAP for AMC

Retail buying power of 1 day of trading on Fidelity US only:

>Daily volume GME: 5,315,279 (avg. 4,751,987, 112% of avg.) Day end +$0.5150 +75.18%
>Daily volume APE: 177,747,795 (avg. 19,832,875, 896% of avg.) Day end -$0.75 -3.65%
>Daily volume AMC: 54,932,380 (avg. 26,680,525, 206% of avg.) Day end -$0.39 -7.36%


>Average buy/sell of 1 share
GME buying power: $71,941
AMC+APE buying power: $18,365

GME selling power: $65,506
AMC+APE selling power: $6,451

>Average buy/sell of 10 shares
GME buying power: $719,415
AMC+APE buying power: $183,649

GME selling power: $65,506
AMC+APE selling power: $64,514

>Average buy/sell of 100 shares
GME buying power: $7,194,145
AMC+APE buying power: $1,836,488

GME selling power: $655,061
AMC+APE selling power: $414,502

>GME is the only memestock
>AMC retail holders have fallen for a $AMCX spyop. Midwits buy the cheaper stock.