This would be next level hilarious if, after WSB beats the hedges funds next week, they use some of their profits to buy GameStop products like this with donations to keep the stock strong even after the rally ends. Be a hell of a way to incentivize CEOs to pander to retards instead of hedge funds. And make the SEC look like the devil if they try to go after the retail investors.
Exactly. Buying some of their product is really the long term play. Right now if the shorts have the cash to fund their margin calls they might weather the squeeze because they know the fundamentals are bad and it eventually goes back down. However, if GME reports earnings that beat forecasts then it bouys the stock even more and for much longer, squeezing the shorts even harder because the fundamentals begin to look more sound.
This would be next level hilarious if, after WSB beats the hedges funds next week, they use some of their profits to buy GameStop products like this with donations to keep the stock strong even after the rally ends. Be a hell of a way to incentivize CEOs to pander to retards instead of hedge funds. And make the SEC look like the devil if they try to go after the retail investors.
Exactly. Buying some of their product is really the long term play. Right now if the shorts have the cash to fund their margin calls they might weather the squeeze because they know the fundamentals are bad and it eventually goes back down. However, if GME reports earnings that beat forecasts then it bouys the stock even more and for much longer, squeezing the shorts even harder because the fundamentals begin to look more sound.
Sounds like a good plan.