Bought 3 shares yesterday on pretty much the same idea.
As far as I can tell, the biggest potential curve balls are GME deciding to offer new shares, and GME going bankrupt. Guessing they're not going bankrupt with their share price up in the clouds. I'm guessing they're also aware of the wrath they would face if they offered new shares the hedge funds could buy to cover their shorts.
yea, its so murky. all i knows is, it was working hence why they shut down selling on robinhood on the 28th. and that gamestop is still 120% shorted. so yea, the original shorters probably got out, but they or other hedgies or day traders placed new shorts higher. which if we keep holding, the sheer lol factor of seeing gamestop at $300 is worth it alone. Hedgies and assholes losing millions in interest each week: priceless.
I'm curious to see what international interest does to the situation. At this point, there's potential that foreign governments might throw money at it in either direction.
If a foreign government wanted to mess with wall street, they could bid GME higher. If they wanted to contribute to the social unrest in the US, they could try playing games to get GME to tank.
Bought 3 shares yesterday on pretty much the same idea.
As far as I can tell, the biggest potential curve balls are GME deciding to offer new shares, and GME going bankrupt. Guessing they're not going bankrupt with their share price up in the clouds. I'm guessing they're also aware of the wrath they would face if they offered new shares the hedge funds could buy to cover their shorts.
yea, its so murky. all i knows is, it was working hence why they shut down selling on robinhood on the 28th. and that gamestop is still 120% shorted. so yea, the original shorters probably got out, but they or other hedgies or day traders placed new shorts higher. which if we keep holding, the sheer lol factor of seeing gamestop at $300 is worth it alone. Hedgies and assholes losing millions in interest each week: priceless.
I'm curious to see what international interest does to the situation. At this point, there's potential that foreign governments might throw money at it in either direction.
If a foreign government wanted to mess with wall street, they could bid GME higher. If they wanted to contribute to the social unrest in the US, they could try playing games to get GME to tank.
Absolutely this. ^^^^
This is the correct lens to be viewing through when this much money and power is involved.