Anti-hedge fund/stock redditors dont realise how close they are to the truth
(media.greatawakening.win)
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How are you preparing? Serious question.
Buy Gamestop stock. A massive short squeeze is all but guaranteed to come at this point which can net you millions, and will absolutely destroy hedge funds that have taken advantage of us plebs for centuries.
No stupid questions hopefully: What is the signal to pull out of the market after buying? Is there something to look for that indicates when is the time to sell off?
I keep reading and reading, but haven’t taken any action out of being somewhat confused by it all and not wanting to risk loss
Not sure if any May 2021 tutorial/newbie threads could be directed my way in the end to try to fully comprehend what’s happening intelligently. Thanks for any help!
Several people doing DD (Due Diligence / Deep Dives) have analyzed the assumed quantity of naked (fake & illegal) shares that have been shorted by the hedge fund managers. The conservative estimate is 140% of the actual 70MM shares are naked shorted. Some say 200 - 400% may be more realistic since since the hedgies often lie about this since the consequences are merely a slap in the hand.
The trading rules stipulate that ALL SHORTS HAVE TO COVER. Therefore, hedgies that borrowed legitimate shares AND the naked / fake ones have to be recuperated from people willing to sell their shares.
Since the hedgies are in deep poop, it will likely take several days for them to find enough people willing to sell at a "reasonable" amount. Keep in mind that the people holding "Hold On for Dear Life (HODL)" will probably sell at least around $1,000,000 a share or possibly 20X that.
This is not financial advice, individual results may vary, object in mirror are closer than they appear, etc, etc.
You'll know. This is a potential infinite squeeze. If the theory is correct a price of $500-$1000 per share will prove that. Once we got those numbers you're looking at potentially $100k to $1 million plus per share
wait til 20 million then sell at 20% dip...thank me later
I don't think anyone knows. How are we even sure when tye short contracts expire?
They've expired several times. They just keep re-borrowing from their sister institution or others that have shares.