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16
Libertas_Vel_Mors 16 points ago +16 / -0

Yup - lower demand lowers the price.

The hedgies are playing a (very expensive) waiting game to try and salvage at least something from the wreck they made of their portfolios, so no demand right now. Once those high-interest loans and double-down short calls come due, they'll still have to pay up, because the price will still be way, way North of the ~$2-3 they originally shorted it for. They're just hoping it's not enough of a diff to end up bankrupt.

No conspiracy to be had, really... it's just the game playing out.

5
ImGlootchingg 5 points ago +7 / -2

Squeeze them until they fail and until the institutions that bail them out fail.

Buy the dip and hodl.

Not financial advice, just a retard on the internet.

5
peterstrzoked 5 points ago +5 / -0

Unless there are counterfeit shares out there, then that would be quite a conspiracy (although not necessarily related to the OP)

1
keepwinning 1 point ago +1 / -0

They've already recovered a ton of their losses based on the movement the past 2 days.

Remember that they trade stocks/options thousands of times. They win either way except for the rare situation last week.

2
JohnDoe81627 2 points ago +3 / -1

Not really, there are still 0 GME shares left that are available for a short sale. If they had actually recovered their losses, this number would be going up

https://fintel.io/ss/us/gme

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keepwinning 2 points ago +2 / -0

Option trading is on fire. Gme is printing money on the way up and down.

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deleted 1 point ago +1 / -0