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.
I'm not a stock trading guy but I'm trying to understand the sitch: Gamestop was being targeted by the Brokers on WallStreet to drive their price down so they could get a deal on the stock. Then the anons on reddit got wind of their evil manipulations, came up with a way to screw the greedy manipulators by using the Short sell strategy against them. This could only be done in great numbers and only if they could all work in cahoots, which the internet now allows. If this strategy works, they will have out-manipulated the manipulators and can do this to WallStreet over and over, throwing off the control collars of the 1%. That is returning power to the people. Is that correct, Stockanons?
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.
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.