GameStop....want the truth as to why info is being suppressed? It’s not to protect the billionaires from losing money.
?️ DISCUSSION ?
It’s because a group of ?’s figured out that working together they have far more power than the much larger grasshoppers running the world.
They are terrified that the message will spread to the other ant colonies....because when it does, the truth is revealed: The grasshoppers don’t have the power...their existence is based on the illusion of power.
They (big tech/Wall Street/government) are simply attempting to quell revolution.
Power back to the people.
Walk street elites were not pushing the price low to get a deal , they took massive shorts on GameStop - which essentially means they bet it would crash.
When you take a short you’re exposed to unlimited risk - if it goes down ; you make money. If it goes up , you owe how much it’s gone up by. Meaning if they took out a million dollars of short positions at $5 - now at $350 - they owe $345 per position they took - or $345 for every 5 they shorted. Huge losses for hedge funds.
I'm getting more understanding, thanks! I was taught about the Great Depression in grade school, that the cause was "Buying on Margin." Isn't this the same, borrowing shares without paying for them, selling them when they're not yours to sell.... So they kept cheating after the rules changed? And anons figured a way to hurt them real bad. GOOD.
Margins are different again - Margins are when you invest x but a broker will provide 2x or 5x or 10x right up to 1000x sometimes. So you only put in a tiny fraction of your own money - then are lent the rest- BUT if you have 2x leverage , and it goes down 50% , you’re forced to sell as you have no equity. If you have 10x leverage , a 10% drop will wipe you out.
https://greatawakening.win/p/11SKBxjMWv/how-game-stop-crashed--everyone-/
The shorts expire tomorrow. They are fucked. We win.
YEE HAW MOFOS! Missed my window to get in on the GME rise, but I snagged some NOK before they shut thta down, and I stocked up on silver ages ago. Bought more miners this morning.
Are we tired of winning yet? HELL NO!!
Does that mean the price will rise when their shorts expire because they have to buy back the stock or not really?
A while back, a hedge fund borrowed the stocks to sell at $10 tomorrow (naked short) they have to buy them back to give back what they borrowed. If the price tomorrow is less than $10 the hedge fund wins. If above $10 hedge fund loses. It’s currently $250. They will lose billions tomorrow.
Because they have a time window to replace what they shorted and if they cant buy back the shares they have to also pay interest. As I understand it.
They only have 35 days I believe before they're on the hook for what they owe, so i'm pretty sure stockanons are just going to hold for as long as possible then sell and move on to the next. This will definitely happen again.
Please tell us what the next buy is, so we can help out!
They actually should not sell. They should continue to hold onto that stock because the Ask is now 5k USD or so.
The Hedgefund already took their loss so investors should sell their position if possible to avoid a major loss because there's no reason why the stock should be $250/share and will definitely retreat back to where it should be sooner than later.
Which in this case is tomorrow for most
Suicide weekend... stay out from under tall buildings people.