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re: Who else is tuned into gamestop?

Posted on 1/27/21 at 11:56 am to
Posted by Ailsa
Member since May 2020
3563 posts
Posted on 1/27/21 at 11:56 am to
quote:

It’s not just GameStop either.


Did you see this?

quote;
Okay back to the GME story. GME has been in an interesting state of renewal. Trying to find yourself as mall-retail store in the Pandemic must be a little bit difficult and with the digital age, of course the company can be seen as a little bit stale or "out-dated." GME has been doing their best to re-image their self with a new focus for this digital market. Good for them, new CEO successful Billionaire, good ideas to improve. Good on him.

Well GME stock hasn't been anything quite impressive for normal buyers to get into. Under $10s since 2019. No one would really bat an eye on walking past in the mall. ('cept one brass balled man, more on him later). Well during the pandemic some fans of GME who owned stock and were frequent members of reddit's r/WallStreeBets (/WSB/) and 4Chan's /Biz/ discovered that GME's stock was being shorted, and SHORTED MASSIVELLY. They found that the companies shares were shorted over 100%. I will say that again. People borrowed and SOLD more borrowed shares than currently shares available. Oh these people are so f....d

Currently it is running at 130%. These traders were caught SHITTING into the COOKIE JAR

Melvin Capital. They are a Hedge Fund who have been making bank off of shorting stock and manipulating the markets. Definitely caught arse in the jar. One of their biggest target they've Shorted? TELSA. (More on this Later). They've just been banished to the shadow realm because of their short sells RAISING instead of falling.

Hedge funds has lost $92BILLION since January. The word has been spreading and spreading every since. Last Friday was the shot fired at Concord. The shares of GME was Higher than the Short Sell Bet and guess who had to foot the bill? Aha but there is more! The Funds had two options.

A) Admit defeat and buy the borrowed stock back a bunch of people who can't even remember to cut their hair and barely remember how long to microwave tendies.

B) Double Down and Dive Head First... Yeah. They choose this option. They extended the Short Bets till this Friday.

This Friday the Short call expire and IF the STOCK is HIGHER than These people must pay BILLIONS of Dollars. It's going to be a Short Squeeze. Remember how I said the Short was over 130%? Yeah that's going to f over everything. THEY ARE FORCED to buy the stock from the People that kicked their arse with a bunch of sht'y Pelosi and McConnel Stimulus checks...

Now here is where the REAL HYPE begins. Now Twitter, /biz/, and /wsb/ were really only the ones in this event. Maybe the people wanting to make a Pump and Dump. Mr. Spacex himself tweeted this event AFTER TRADING HOURS Elon Musk's tweet cause the price of GME(AND ALL SHORTED TRADES) to bounce higher and harder than Tigger ever could! We're Talking $20 swings multiple times a minute!

GME Stock War Summary & Observation
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