GME - hold the line
(media.greatawakening.win)
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where do I go to check the short float?
https://www.highshortinterest.com/ https://shortsqueeze.com/
also here: https://finviz.com/quote.ashx?t=GME&ty=c&ta=1&p=d
Thx forgot about finviz
Good question
I only have one GME but I bought it on principle.
I did the same thing this morning...then tried to get more shares of both amc and ag but RH only allows you to purchase 1 share...period which is complete horseshit.
You can purchase options and then immediately close them out for as many shares as you want providing you can swing buying shares in multiples of hundred
You have a ticket for the most exciting stock in history. Enjoy the ride.
I bought mine with principal.
Nice
Same
Hold the line.....purchase a share or two!
What makes you think their position is so large it will overwhelm liquidity to the point where it takes days to cover? Every normie on earth is chasing this thing to the moon. With how whippy this thing is, a moderately skilled trader can unload 100k shares every 15 min without even moving the needle. Volume is gonna be 30mm today easy.
As of today 121.07% of GME float is short. I don't have the words to describe the sheer magnitude of the situation. Take the time and read this article on reddit and decide for yourself. https://www.reddit.com/r/wallstreetbets/comments/l0hj69/gme_negative_float_the_most_bullish_misunderstood/ Here is another good post. https://greatawakening.win/p/11SJxzP3mX/plan-status--warp-speed--here-is/
where can you find the percent shorted?
https://www.highshortinterest.com/ https://shortsqueeze.com/
Good point.
Now I'm kinda curious how this all gets cleared if this investment gone wrong clears the entire value of the fund to zero, and the managers just throw their hands up and walk away... because limited liability (which is not a bad thing, at all, by the way).
Who enacts the actions to unwind these historically-underwater trades? Are there automatic executions?
And who is then on the hook for the losses over-and-above the total loss of the value of the fund? Obvious answer: somebody. More specifically, is it those who lent their shares?
And then how interesting will it be when this bubble pops? Nobody pretends it's not a bubble. Nobody bought into GME on the rise for "value". And many of those who bought in at all point above, and way above, its real value did so not to realize gains, but to deliver pain via the short squeeze. Will they try to sell near the top, or happily ride it down? I have no idea. This is fairly unprecedented. It'll be interesting, to say the least.
It’s my understanding that short contracts don’t go away even through bankruptcy.
So should this happen I think the government will have to get involved and either bail out the hedgies so they can buy the gme stock at whatever price the retards demand, or they get involved and confiscate the stock for little to no compensation and piss off a lot of retards while simultaneously red pilling them.
The only backstop in this case for the lender (who is getting paid significant interest for the duration) to a short seller is to force the immediate replacement of those shares at market price. If the short-seller/borrower cannot afford to replace the shares when called to do so, it's ultimately the share lenders who are on the hook for the remainder of the loss (through simply not having those share able to be returned/replaced).
https://www.investopedia.com/ask/answers/05/shortsaleclosed.asp
Of course, when short interest exceeds 100% (which I thought was illegal, but hey, what's that matter anymore, and I heard that the short interest on GME was 150% of the float!)... well, then I have no idea who's on the hook next.
But no way, no how, should it ever be taxpayers.
I agree it should never be the taxpayers but we both know that we have funded Wall Street bailouts multiple times during our lifetimes alone!
Anyone who wants more information about the current status of the squeeze, this website provides updates, plus offers an easy to understand explanation about how we got to this place with GME, the strategy, etc: http://isthesqueezesquoze.com/
It’s like a castle siege, we just have to starve them out!
that person is 100% correct. HOLD
How does one go about buying these. I've been following this for awhile now, and would love to do my part.
Open up a brokerage account. https://www1.interactivebrokers.com/en/home.php https://us.etrade.com/home https://www.tdameritrade.com/home.page One of the best books I've read on trading the markets is "How to Make Money in Stocks." by William J O'neil. https://www.amazon.com/s?k=how+to+make+money+in+stocks&crid=GVN47MHQXZ9C&sprefix=how+to+make+%2Caps%2C189&ref=nb_sb_ss_ts-a-p_1_12 There are many ways to bake a cake and that book will give you one of them. These short/gamma squeezes are a high risk high reward type of situation so please be careful
Thanks alot man. Definitely will give that a go, but first stop gme
Roger that