$GME & $RKT is a math problem Wall St can't solve....
Bullcrap. GME's short-interest is down to 30% now. Everybody short who was going to get burned already has been burned. (Of course the MMs will run the wash-trades hot so long as bagholder interest remains elevated.)
"Dan Gilbert is the most powerful man on Earth right now. If he sends a $1B buy order"
You really have no idea of how small a $1B order is. You go flashing that, and some fund (or cabal) with hundreds of billions, or trillions, in its warchest is going to take it from you.
If it doesn't make sense to you, then you just might be the mark at the poker table.
"By all means, please sit this one out."
30% is today's short-interest number, checked before I posted above -- because I do that sort of thing. (And even your 40% is well down from the "naked-short" 125% it was before the massive spike to $500/sh a month ago. Like I said: anybody who's going to get short-burned in this already has been.
(Tip: It is inadvisable to argue financial topics with someone whose handle is "bezzle".)
$GME & $RKT is a math problem Wall St can't solve....
Bullcrap. GME's short-interest is down to 30% now. Everybody short who was going to get burned already has been burned. (Of course the MMs will run the wash-trades hot so long as bagholder interest remains elevated.)
"Dan Gilbert is the most powerful man on Earth right now. If he sends a $1B buy order"
You really have no idea of how small a $1B order is. You go flashing that, and some fund (or cabal) with hundreds of billions, or trillions, in its warchest is going to take it from you.
Nothing you just said makes any sense.
GME float is 51.8M, Short Intertest is 40% @ 20.7M Shares, there is 500,000 Calls sitting on the option spread.
$1B @ $25 Share on $RKT would reduce the float by 1/3 (108M float)
By all means, please sit this one out.
Nothing you just said makes any sense.
If it doesn't make sense to you, then you just might be the mark at the poker table.
"By all means, please sit this one out."
30% is today's short-interest number, checked before I posted above -- because I do that sort of thing. (And even your 40% is well down from the "naked-short" 125% it was before the massive spike to $500/sh a month ago. Like I said: anybody who's going to get short-burned in this already has been.
(Tip: It is inadvisable to argue financial topics with someone whose handle is "bezzle".)
https://www.investopedia.com/terms/d/deltahedging.asp
This is an options game now. 30% short interest (self reported) is still plenty.
Go signup for a free trial on cheddarflow or flowalgo and see for yourself.
What do you have to lose?
"30% short interest (self reported) is still plenty."
Not enough to make badhodler longs in at $400+/sh whole again. They'll be very lucky to see a 50% sucker's rally Fib retrace to $250.