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649
https://twitter.com/joshdcaplan/status/1355244453636747265

(post is archived)

[–] 1 pt

should have been more.

[–] 3 pts

It's not over yet. 110% of their original 130% short position is still in play and doesnt fully expire until Feb 22nd. For anyone paying attention, GME Gamestop is about to become the highest valued stock in history, that's how many people want to fuck over the ones who stand to lose. These hedgefunds have to buy the stocks back. It's not a choice, they have to buy it, and the people who are now holding those stocks aren't selling, the more they buy back to close the position the higher the price will go, it's called a short squeeze. The squeeze is just beginning. GME could easily break 1000 per share. The skies the limit, all eyes are on it and the hedgefunds still have the vast majority to buy back, but everyone has agreed to fuck them in the ass. Their only play, other than going broke, which already happened for Melvin, is to now point to a stock hitting thousands per share (coming soon) and declare this a terrorism to the stock market, another gaslight ignoring what they've been doing to the stock market for decades, only now they got played hard, when they lose it's a terrorism see?

[–] 0 pt

Do you have a source on feb 22 expiry?

So what happens to broke guys like Melvin? Are their shorts not getting paid back? If they all go broke don't WSB redditors lose because the price can't climb as predicted?

I see another play which has been done before: bailouts.

[–] 0 pt

i'm with poalagarch. i agree with you comments but please elaborate where you think this heads.