What’s even better is Obama’s butt buddy Cohen and then BlackRock (large shareholder of dominion/smartmatic) are going to collapse from it. And from what I hear, there’s a bunch more dominos going to tip. I dunno the extent of the damage that will occur, but it will be biblical. Like Enron, Leman Brothers etc collapses. We could very well be making the Biden recession much worse. But this fuse is lit so enjoy the ride.
It's not even gotten started yet. The markets seem to be aiming in the direction of opening high. On thursday the real stonks will start. On friday, Melvin capital becomes on the hook for all their shorts (they're 140% overexposed, and really there's 27% insider shares, so it's really a 34M float (available shares) vs a 71M short sell. That's ~250%. or ~150% shares that don't exist that need to be fulfilled. Melvin don't own all of these, but they own a significant amount, they're the biggest known one and they've been doing this for 5 years because they're vulture capitalists looking to create a dead body to circle. Autist retards aren't selling, however, and despite SIGNIFICANT shorting, there's low volume, meaning it's mostly just the actions of daytraders.
Friday is when things go crazy, but don't expect fireworks on friday itself. It will go higher.
The hedge funds can pay interest and fees to keep their shorts open past expiry, but eventually they'll crumple under the pressure and be forced to sell by their brokerages (who will otherwise be on the hook). Then the brokerages will go down next and the banks will be forced to cover it next. But no matter what, the shorts need to be bought back.
This is known as a gamma squeeze where everyone is fighting against interest and fees and so the stock price explodes.
By the end of this, it is entirely possible that GME will be worth $140 billion, and all the autists will be cashing in. All that's required is for retards and autists to keep on buying and refusing to sell.
The banks have gone to war, doing massive shorting attacks in after hours trading, and trying to get everyone deplatformed. However, it's not working. They're just pissing folks off and giving people the opportunity to "buy the dip" at a low price.
They're trying to get people to act "rationally" and settle for decent profit because what happens next is going to be an absolute slaughter.
The stock is maybe worth $10-25 at the moment, but we're not working off the "fudnamentals" of the company. In a short squeeze, particularly a gamma squeeze like the one coming up, fundamentals are irrelevant.
The last time something happened like this was when Volkswagen was 94% shorted, which led to a massive spike in share price, up to $1,000. They pussied out and sold shares lower.
This won't happen with GME which is 140-260% shorted (a bunch of firms are lying about their short interest. with $2M fines only, lying about short interest is basically just an SEC brokerage fee).
What is about to happen, if people hold their nerve, will revolutionize the finance sector. Massive regulation, disclosure requirements, and of course the vulture capitalists going bankrupt in their attempts to drive to bankruptcy a company that deserves a second chance.
What’s even better is Obama’s butt buddy Cohen and then BlackRock (large shareholder of dominion/smartmatic) are going to collapse from it. And from what I hear, there’s a bunch more dominos going to tip. I dunno the extent of the damage that will occur, but it will be biblical. Like Enron, Leman Brothers etc collapses. We could very well be making the Biden recession much worse. But this fuse is lit so enjoy the ride.
It's not even gotten started yet. The markets seem to be aiming in the direction of opening high. On thursday the real stonks will start. On friday, Melvin capital becomes on the hook for all their shorts (they're 140% overexposed, and really there's 27% insider shares, so it's really a 34M float (available shares) vs a 71M short sell. That's ~250%. or ~150% shares that don't exist that need to be fulfilled. Melvin don't own all of these, but they own a significant amount, they're the biggest known one and they've been doing this for 5 years because they're vulture capitalists looking to create a dead body to circle. Autist retards aren't selling, however, and despite SIGNIFICANT shorting, there's low volume, meaning it's mostly just the actions of daytraders.
Friday is when things go crazy, but don't expect fireworks on friday itself. It will go higher.
The hedge funds can pay interest and fees to keep their shorts open past expiry, but eventually they'll crumple under the pressure and be forced to sell by their brokerages (who will otherwise be on the hook). Then the brokerages will go down next and the banks will be forced to cover it next. But no matter what, the shorts need to be bought back.
This is known as a gamma squeeze where everyone is fighting against interest and fees and so the stock price explodes.
By the end of this, it is entirely possible that GME will be worth $140 billion, and all the autists will be cashing in. All that's required is for retards and autists to keep on buying and refusing to sell.
The banks have gone to war, doing massive shorting attacks in after hours trading, and trying to get everyone deplatformed. However, it's not working. They're just pissing folks off and giving people the opportunity to "buy the dip" at a low price.
They're trying to get people to act "rationally" and settle for decent profit because what happens next is going to be an absolute slaughter.
The stock is maybe worth $10-25 at the moment, but we're not working off the "fudnamentals" of the company. In a short squeeze, particularly a gamma squeeze like the one coming up, fundamentals are irrelevant.
The last time something happened like this was when Volkswagen was 94% shorted, which led to a massive spike in share price, up to $1,000. They pussied out and sold shares lower.
This won't happen with GME which is 140-260% shorted (a bunch of firms are lying about their short interest. with $2M fines only, lying about short interest is basically just an SEC brokerage fee).
What is about to happen, if people hold their nerve, will revolutionize the finance sector. Massive regulation, disclosure requirements, and of course the vulture capitalists going bankrupt in their attempts to drive to bankruptcy a company that deserves a second chance.