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Message
re: So I bought some Gamestop(GME)
Posted on 1/28/21 at 6:23 am to TigeRoots
Posted on 1/28/21 at 6:23 am to TigeRoots
quote:They are holding out. I posted early that for some of the companies that shorted, it will take them days to buy back all their shorts to cover. Someone with more technical sense is claiming this on reddit, which seems to make sense.
69.75M shares outstanding. What happens when those are all bought?
Plus when these shorts start buying back, the price will start to pop. They will have to buy so much, but as of yesterday, the %of float short was still basically the same as the end of DEC
There is still room for this to run. Yesterday some people were saying I was crazy for saying that buying in at the low 200s was still a good buy. Wonder what bs they come up with now
2
Posted on 1/28/21 at 6:31 am to KickPuncher
quote:
Yesterday some people were saying I was crazy for saying that buying in at the low 200s was still a good buy.
I wonder who that was
Good call brother 
Posted on 1/28/21 at 6:33 am to KickPuncher
quote:
but as of yesterday, the %of float short was still basically the same as the end of DEC
Nope......it climbed to 230%
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