What we saw was a rally, because those of us who understand it, know that it's a fantastic bet and sold it to everybody.
But the reality is that the Market Manipulators have shorted $GME to such an unfathomably stupid extreme. They pay more for that borrowed money the higher the share price goes. Here's an example from The Big Short talking about extraordinary premiums on his short position: https://www.youtube.com/watch?v=xAlCbE-yCTw&ab_channel=Movieclips
It has not yet squeezed, that was just a rally. These MM pricks think they are going to make the money back betting on the $GME return to Earth (and they might!) but that's why we keep buying and HOLDING. They are so fucked, all they can do is try to convince us that we won: "You won daddy, plx sell."
The Squeeze has not been Squoze.
What we saw was a rally, because those of us who understand it, know that it's a fantastic bet and sold it to everybody.
But the reality is that the Market Manipulators have shorted $GME to such an unfathomably stupid extreme. They pay more for that borrowed money the higher the share price goes. Here's an example from The Big Short talking about extraordinary premiums on his short position: https://www.youtube.com/watch?v=xAlCbE-yCTw&ab_channel=Movieclips
It has not yet squeezed, that was just a rally. These MM pricks think they are going to make the money back betting on the $GME return to Earth (and they might!) but that's why we keep buying and HOLDING. They are so fucked, all they can do is try to convince us that we won: "You won daddy, plx sell."
Nope. Not yet.