GME shorts lost 20 billion last month. If theyre still floating over 100%, then the losses havent even began. If wsb can stay stronk and force a squeeze that is. It will get to the point where we start see "accidents" that kind of scale.
As far as money making potential i cant say. A short squeeze will go to the moon, 50 per could be 500. Im holding for the squeeze and nothing else.
If people want to join the cause, buy two shares and forget they exist. Its a waiting game now. How long can they eat these loses?
Everyone is dug in. I know a lot of people who bought in with no intention on trying to make money. Just to hold til the end. Its going to get real interesting.
That was my original question - how would "the end" look like? I mean imagine the stock gets up to say $30k a share and everybody still holds.. what then?
What are your expectations regd. how this is gonna end?
GME shorts lost 20 billion last month. If theyre still floating over 100%, then the losses havent even began. If wsb can stay stronk and force a squeeze that is. It will get to the point where we start see "accidents" that kind of scale.
As far as money making potential i cant say. A short squeeze will go to the moon, 50 per could be 500. Im holding for the squeeze and nothing else.
If people want to join the cause, buy two shares and forget they exist. Its a waiting game now. How long can they eat these loses?
I am holding, too, for the squeeze.. a modest number, something over 100 shares..
Nice, now we wait. Hold the wine!
It does seem to have bottomed out around $50 for the past week, funny how this "$20 at best" stock refuses to drop further now.
Everyone is dug in. I know a lot of people who bought in with no intention on trying to make money. Just to hold til the end. Its going to get real interesting.
That was my original question - how would "the end" look like? I mean imagine the stock gets up to say $30k a share and everybody still holds.. what then?