I read that Friday was the deadline to fuck the multitude of institutional investors shorting Gamestop. If so, did we do it? Did we win?!
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note: not financial advise Friday was not the end. 7 hedge companies came in and bailed them out. They double downed on their bet. That fight will be another 2 weeks. Speculation is Feb 6th-8th we will see. $GME .. we about to see if this is real. Next will be $SLV. If $SLV breaks free, Fiat falls. $PSLV and $SLV I don't know the difference. Someone just put a $49 million support at $24.99 in $SLV at 3:55 on 29Jan21. Meaning this stock will not drop below (excluding manipulation) that till this guy pulls out or banks rally together. This is a war we are watching. Normally takes a week or 2 to pop after that kind of play. Shorts need to expire and cause a vacuum.
Plenty of time for all of us to buy some more freedom and flip a few more tables is what Lurking_Waiting is saying.
watch a 10 minute video understand. These people openly cheat and pay the people that help them. I love silver. It goes down to $22 .. I buy.. up to $25 I sell. But now the spotlight is coming to it. Don't know if it's a false wave or real. Resistance has been $25.50ish. if it pops to $30 it may have some fight. SLV is heavily manipulated. It should be $580 a share. Please understand... The shorts know how to make bag holders.
When I went overseas my trading account took a $20k loss. Bad internet and lots of work for a year. Sand Box sucks. Xbox / PS players flooding shit WiFi at night when the stock market opened. So much lag I was missing every flag to buy or sell. Stock Market is the casino of the world. Gamble if you want. Those Billionaires didnt find that money on the side of the road. They find it in other people's pension funds, 401Ks and other 'investments'. Compare people's 401k pre housing crash and now. They just got their money back to that level. We are witnessing the destruction of the FED. It will fight back. Already the media is spinning it "White supremacists" are attacking billionaires. Think of the feelings of these 10 digit bank account people. Don't you want to stop these racisums?? Give the billionaires your money because racisums. Fucking clown world.
So they’re extending how long they’re shorting it for, essentially, and in turn paying a whole lot more because of it, right? Because otherwise they’d have gone bankrupt already along with the banks that lent them money. And I correct on this?
Yes. They are running out of time. RH policy change was to slow the bleed. Janet Yelling (Sec of Treasury) just got a $800,000 bribe. The swamp is going to use the weight of the government to crush this. Won't be surprised the guy that started this will be given criminal charges. He basically outplayed the billionaires. This is going to be a huge red pill to the normies. I don't know who is going to win. This is huge. Ironman vs Thanos. "All that for a drop of blood"
I remember when people would get thrown to the curb and publicly shamed for accepting bribes.
History written by the winners. Remember the HIV company CEO that went to jail? MSM says because he price gouged the drug. Court docs show it was stock manipulation and screwed over Billionaires. Funny part, he was just a rich kid that turned on the adults. He got jail and had to give some of the money back. They hate losing.
Fiat fails when the comex fails, as a physical market can't be papered over. The metal used to secure the SLV and GLD are already leased. It depends on whether those SLV longs had enough, and took contracts at the Comex, but I think this will be more physical buyers who are left out of the physical market in London who take delivery on the comex.
Did the same thing happen with AMC and Nokia? I didn't have enough money to jump in on Gamestop, but I did throw $20 at AMC, and I haven't heard anything about them.
No clue. The media is focused on GME. In war, a bomb will go off in one place the high value targets attacked in another. Generally a cover for a covert operation. It's just giant carpet bombing going on right now. Some stocks maybe needing more skilled traders to trade in. Risk is yours. GL fren.
Thanks, AMC was up by 40% yesterday so I assumed the buybacks must've started. I'm holding for the time being, I heard that it could take about a week for the price to really jump. This is the first time I've ever bought stock lol. I hope everything goes well for us!
AMC and NOK are supposed to go up this week but really take off the week after... At least that's what I've been reading. I don't know much. Bought some stock with a little bit of extra cash I had, I like it so I'll keep it.