Sounds like a pretty good fucking plan.
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I keep seeing GME but is this something you buy and hold for 10 years? Hedgefunds will likely be getting bailouts or some BS to cover. The crash in crypto that everyone blames Elon for can very well be hedgies liquidating to cover shorts.
I bought in months ago and my money had nearly doubled already. I'm not smart enough with markets to understand the details, but I think the HFs are losing their ability to suppress the price. I don't think there's much time left, the Gamestop shareholder meeting, where it's expected to be announced that there is in fact predatory suppression, is in only a few days.
^ this. Their suppression via digging their whole deeper (more naked shorts) is getting much weaker, rapidly. They are about to lose the ability to keep it supressed, then they get margin called, then the price of GME is limitless assuming enough people hold onto their GME shares for dear life. As long as the SEC/Govmt doesn't pull some bullshit, this will be glorious. The largest transfer of wealth from the 1% to regular people and in the process imploding Wall Street.
I just had a thought...
Could the White Hats be stalling GME until the launch of Star Link so as to circumvent any shenanigans with an internet blackout when the MOASS happens?
I've often considered that part of the plan is for MOASS to happen during the blackout so we don't even get the chance to paperhand and they don't get the chance to try more fuckery with their algorithms. What if Space Force just turned off their ability to do HFT and the true price goes to the Moon during that period.
Come back from the blackout to find out you are worth $100 million bucks. A week to remember indeed,,,,,
I obviously cannot say that for sure... but you have a great point. With everything I've seen over the past decades, I no longer believe in coincidences, so you might be onto something.
I’m cautiously optimistic about the shareholder meeting, but I feel like the hedge funds are going to launch an all out short attack to try and shake out all the paperhands. I think if anything interesting gets released about phantom shares or naked shorts it will be after the shareholder meeting.
I hope I’m wrong, but just don’t want people to overhype 6/9 and if nothing is said they think it’s over.