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UnoriginalNickname 2 points ago +2 / -0

Relevant post 2 days ago by u/beefpuff/

Edit to add this portion of the post:

THE COMING WALLST IMPLOSION!

Operation GameStop. Enter the coming WallSt crash. Rebalance your 401Ks into bonds. $GME = SWING ATM Right now $GME is locked into a massive short/gamma squeeze. A user on /r/wallstreetbets called the squeeze 17 months ago with a 53k call bet now worth $11.3M. Ask ureself how did this guy know 17 months ago to YOLO $GME. $GME will continue to rocket out of control, there is no stopping this beast with amount of shares sold short (70% of float). Check out this comment on reddit. https://www.reddit.com/r/wallstreetbets/comments/l2x7he/gme_yolo_update_jan_22_2021/gk8q8gs/?utm_source=share&utm_medium=web2x&context=3

Why is this important? Market makers (Goldman, JPMorgan, BlackRock, Vangaurd) are all about to get bent on gamma/short squeezes like this. Their only option will be to pull the rug out on the whole market to counter the option activity. MMs built China. MMs are behind Biden. MMs are behind C19. MMs control the media.

This will crash the market 20-30%, Joe Biden will look like a dumbass.