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.
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.