P
postman
No thats a diversion from the hedgeies to get you to sell GME.The ants are targeting silver and doge next
Hold the line.
No thats a diversion from the hedgeies to get you to sell GME.The ants are targeting silver and doge next
We'll see soon.doge I agree it's just a shit coin. But the physical sliver squeeze is gaining traction. Would not want to trade them myself but the mob is.
I agree.We'll see soon.
Just remember GME has a market cap of $20Billion.
The total amount of silver mined is 51,441 million ounces at $27 per oz thats a market cap of $1.4 Trillion. No amount of redditors are going to put a dent in that market.
Its all BS to move you out of GME.
Thats like saying a bank shouldnt be able to lend more money than it has in its vaults. But we live in a world of Fractional reserve banking where they can lend 10X what they have in deposits.Surely the regulators / authorities are going to have to look at some serious changes to some aspects of market operations as this is certainly not going to be the last company to be targeted in this way.
For starters there is no way a stock should be able to be shorted over 100%. That needs fixing.
In addition the T+2 settlement times seem completely outdated in this day and age. I am not a big fan of bitcoin etc.., but I do think blockchain technology has a great future and could be implemented to speed this up.
That meme never gets old.
The hedge funds still have to unwind a 140% oversold position in a $16Billion company, that doesnt happen overnight. Hedge funds are going bankrupt over this.Does look like $350 capped $GME. Stories over, some hedge fund lost abit reddit won and now the stock will tank as everyone late to the trade treats it like an investment when all there doing is holding the bag.
I do agree that $350 is probably a cap on this if they have it contained. I dont know how it will end but some expensive lessons have been learned, and the constant media lies about people ditching the stock show you how concerned they are..Does look like $350 capped $GME. Stories over, some hedge fund lost abit reddit won and now the stock will tank as everyone late to the trade treats it like an investment when all there doing is holding the bag.
The hedge funds still have to unwind a 140% oversold position in a $16Billion company, that doesnt happen overnight. Hedge funds are going bankrupt over this.
At the moment I expect there is a massive 'share hunt' going on to see if the shares people bought actually exist or 'fail to deliver' once the dust settles they will have to continue to keep buying the shares from 4million retards that refuse to sell. 💎🤝🚀🌒
Here it comes.There will be a late ramp up on GME when the hedgies buy at the lower prices.