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re: What does GameStop plan on doing with all their share capital?
Posted on 1/28/21 at 5:41 am to bayoubengals88
Posted on 1/28/21 at 5:41 am to bayoubengals88
That is not how this works. Friday is expiry for a small batch of calls. Every. Single. One. Of. Them is in the money. Friday the price WILL skyrocket (thousands) unless feds turn it off (questionable).
There will be no way for shorts to cover (and there is no timeline as long as they pay thier interest).
Gme is unique because there are literally not enough shares available to trade. Shorts would have to buy all 50,000,000 oustanding shares and still be 16 million shares short.
It only comes down when feds say it comes down now.
There will be no way for shorts to cover (and there is no timeline as long as they pay thier interest).
Gme is unique because there are literally not enough shares available to trade. Shorts would have to buy all 50,000,000 oustanding shares and still be 16 million shares short.
It only comes down when feds say it comes down now.
1
Posted on 1/28/21 at 6:14 am to brokelikeajoke
If the feds jump in it will piss a lot of people off
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