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The original was posted on /r/Superstonk by /u/chastavez on 2024-10-06 04:52:11+00:00.
Yo. I wrote a post yesterday that happened to collide with RC’s tweets involving wrinkles, Botox, micromanagers, and firing delegators. As such, it kind of got lost. But it was a follow-up to my previous post where I suggested that DFV’s flag emoji stood for Bank of America.
I’ll repeat what I said: My original suggestion was that the American flag + BAC musical notes (yes it’s BAC, I have seen some people posting chat gpt staffs that are literally wrong) + Microphone was to be taken as the microphone being an instruction to take the notes of BAC as a market identifier code/ticker symbol. Several people then mentioned that a stock symbol and a MIC code are two different things. My original supposition was that it was a “close enough” reference, as there’s maybe not a great way to reference to read something as a ticker symbol using an image or emoji. But I realized after that I was wrong. The American flag and BAC equate to Bank of America. The microphone is telling us that BofA has exchanges with associated MIC codes. There are resources to find MIC codes. I went to trading hours and searched for BAC and then Bank of America. There are several BofA MIC codes which identify markets/exchanges created by BofA in several different geos.
My eyes were immediately drawn to the MIC codes which originated in Hong Kong for obvious reasons:
- BACR - Bank of America Securities - Central Risk, created 7/26/21 - Hong Kong.
- BAEP - Bank of America Merrill Lynch Equity Swap - External Price Source, created 8/27/2018, Hong Kong.
- BAIP - Bank of America Merrill Lynch Equity Swap - Internal Price Source, created 8/27/2018, Hong Kong.
- BASE - Bank of America Merrill Lynch - Swap Executions, created 1/22/2018, Hong Kong.
- BASP - Bank of America Securities Equity Swap, Synthetic Price Source, created 6/22/20, Hong Kong.
There are some other MIC codes associated with Japan (makes me think of RK’s video thumbnail, the green fire and the yen carry trade).
Please also note that the only code above that actually starts with BAC is BACR. Not sure if that means anything. But it was also created 7/26/21.
I’m only mildly wrinkled. Mostly in that I like to solve puzzles. I don’t know much about MIC codes. But these seem important and I believe something here is what DFV is either pointing at, or possibly part of what led him to figure out the situation GME has been in for many years. In other words, what if back in 2018-19, DFV saw some kind of action involving these markets where Citadel used them to move large synthetic and/or swap positions to hidden exchange codes in Hong Kong? What if that’s the “China is a sleeping giant” connection? What if his knowledge of the status of this situation has something to do with watching activity around these exchange codes? Again. I’m not that informed. But I bet someone on here is and knows how to look into this. And that is why I want to make this post.
I didn’t expect Cohen to tweet wrinkles. I didn’t expect him to use “fire” and “mic” in a tweet. Maybe its just my ape ego, but is it possible the wrinkles tell us we’re on to something? That the fire/spark is tied to a MIC code? Should we be looking for one of the above codes to expire or be closed? I see other BofA MIC codes on trading hours listed as “expired”. Is it possible that these exchanges are not permanent and have natural expiration dates we should be on alert for? Am I a complete moron? Maybe I am. And forgive me if we have looked into BofA MIC codes in the past, but I’ve been a Superstonk foil ape since day one and I don’t remember seeing it.
Can one or some of our market expert apes help me out here? Can we figure out whats going on with these BofA exchanges in China? Thank you.
Edit: some people want to waste time being jerks and telling me this is dumb and the notes aren’t BAC and blah blah blah. Cool. I am posting this here because I do not know what tools or sources of information to use to try to better understand what activities these exchanges with the above BofA affiliated MIC codes are up to. What are these entities? What do they do? Is there a way to view activities on these exchange labels? It’s a waste of everyone’s time to just tell me why I’m wrong. Maybe I am! But how about someone who knows more than me about how to examine the exchanges with these MIC codes looks into it if they can, and lets us know if they see anything interesting.