GameStop is making another run. Rocket ride to the moon! Up almost 27% today!
(media.patriots.win)
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Good luck apetards. I'm not in it, but I wish you all the tendies.
Thanks for the tendies but we're more into eating crayons
throws crayons at you heroes
nom nom nom
Go get em. Beat those hedge fund bad boys
Did the first run ever get paid off? Or is the 'loan' still in limbo?
Still in limbo but drastically reduced. It was overextended by 150% or around there. I think it's around 40% now. This is still a guaranteed squeeze.
I might be totally wrong. This is not financial advice.
Per FINRA it was at 220.6 % shorted at the start of the January run, if memory serves, and they currently say that it's shorted at 52.04%, which is a decrease of roughly 8% even though shorts out paced longs for the entirety of that reporting period.
There's rumors that a bunch of the ETFs that have GME as a component are restructuring, which appears to have started a close out on the shorts of the ETFs which has artificially kept the price low.
Oh, and Institutional Ownership, eg. index funds and pensions, is still listed as being above 100% of total shares.
Now I need to go get some sleep and dream of dining on tendies in the Bootes Void, so I'm good for work today.
$285 now! 💪🏻
It hit $304 just a little while ago
The funds are completely decoupled from gme at this point, this is literally doing nothing. The target has moved, look at companies with pending m&a’s