310 million is a very conservative estimate. Guns can last a long long time, and production/purchase stats weren't always as well documented as they are today.
Probably the first few will submit, but word will travel quickly. It won't take long for people to make a collective stand somewhere.
Then add in the different states deciding themselves 2A sanctuaries and local sheriffs who have a pro 2A view..... guaranteed at the very least it would be a big mess.
I'm still reading up on the nuts and bolts. If you figure out how to do it, please share your information.
My brokerage account is with Fidelity, and it looks like you need to have a minimum of $250k in your account in order to qualify for their "Fully Paid Lending Program".
If nothing else, this whole WSB phenomenon has been very educational.
Who knows how to call in your shares to force the shorts to cover?
Did everyone see this little tip that GME share holders should specify their shares can't be loaned or borrowed?
Hey look; Biden is actually going to unify the country after all.
If he keeps this up, he'll have 95% of the population untied against the elites and running class in DC.
Except the Cracker Jacks prize at least comes with caramel popcorn that provides some sort of caloric value. Not sure the Nobel Prize comes with anything of use.
But if you're a multi billion dollar hedge fund that can leverage your trade, you can be the spark all by yourself. I'm quite sure it has happened in the past, so why didn't it happen this time?
Assuming there's no shady backdoor deals.
But the GME folks are probably aware that there will be hell to pay if they screw over the WSB crowd that saved them.
What I'm wondering is why such large short positions can exist on Wall Street. I'm aware there have been major short squeezes in the past on other stocks, but how did this one not get started by another hedge fund before the WSB crowd noticed? It seems like natural market forces would have eliminated such situations long ago. Hedge funds would/could just monitor short positions and when any started getting too big, they'd shuffle around their billions to squeeze a bit and that would end the situation and someone would make some money.
Makes me wonder if the good old boys have some unwritten rules in the club, but that kind of coordination would be illegal so I'm sure they would never ever ever do such a thing.
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.
High unemployment, civil unrest, pandemic, increasing wealth divide.....
I know what the people really need right now: gun control.
The trading sites making it so you can only sell some of these stocks is shady AF. That can't be legal.
Thank you for the explanation.
So what happens when all the shorts need to get covered and there aren't enough shares to go around? In my uninformed mind I picture a bunch of people bidding the price to infinity as they swap shares in a futile attempt to cover all the shorts at the same time.
Somewhat. The option to buy a stock at a given price for a given amount of time.
Then not as funny when he gives them the taxpayer bailouts.
Anyone know where to find a good explanation of a "gamma squeeze"? A short squeeze I get. Gamma squeeze is beyond me.
The same FBI that repeatedly lied to a FISA judge so they could illegally spy on the Trump campaign is going to pull out all the stops over a riot at the Capitol.
Deep state is gonna deep state.
They're going after Loomer even though she wasn't in the country, but they already released John Sullivan despite his own video recordings of breaking into the Capitol.
2021 is gonna be lit.
Only 50/50?
Unless they were planning this as a legal trap from the beginning, they really don't want people looking into the machines. Doubt a company would plan on nuking their brand in order to win defamation lawsuits.
This is totally how a newly elected commander in chief improves morale and gains the loyalty of the soldiers he commands.
Sunshine and roses for all.
That was my thought as well. It seems Dominion would have to answer a lot of questions and reveal a lot about their 'confidential' software to prove their case.
That's the one!
"That’s why the participants want the secret history of the 2020 election told, even though it sounds like a paranoid fever dream–a well-funded cabal of powerful people, ranging across industries and ideologies, working together behind the scenes to influence perceptions, change rules and laws, steer media coverage and control the flow of information."
Then a few paragraphs later they define the ideological 'range':
"In his apartment in the D.C. suburbs, Podhorzer began working from his laptop at his kitchen table, holding back-to-back Zoom meetings for hours a day with his network of contacts across the progressive universe: the labor movement; the institutional left, like Planned Parenthood and Greenpeace; resistance groups like Indivisible and MoveOn; progressive data geeks and strategists, representatives of donors and foundations, state-level grassroots organizers, racial-justice activists and others."