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.
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.
Does that mean that tomorrow the price of GME will rise when their shorts expire? (because they have to buy them back, sending the high price even higher?)
That’s what the theory is. There is 140% of float out there. Meaning when they have to sell tomorrow, they have to find the 40% of stocks that don’t exist. They gambled hard, got exposed and now, the the SEC doesn’t save their asses, then we are golden