Sounds like a pretty good fucking plan.
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Read this three part series and also read Atobitt’s DDs.
https://archive.is/eOmkM
Yeah I stumbled across that last night in that Stonk thread. A user had reposted it because the original OP had deleted it along with his account!?! Insane amount of info that user generated, and especially claiming to not be associated with the stock market. Crazy.
What stood out to me - I’m aware of the GME situation but haven’t been paying any attention to it - he mentions Patrick Byrne and how back in 2006 the HFs tried to short Overstock out of existence. I think it’s too coincidental that Patrick has ties to Trump and with Patrick’s prior personal knowledge of being attacked by HF shorts, and here we are today HODLing GME and AMC like a bunch of apes... Patrick has got to be part of the reason people were made aware of GME in the first place.
That rabbit hole over at Reddit is deep, I’ve got a lot of reading to do. I just can’t wrap my head around GME going to the moon and potentially being an eight figure stock. Berkshire Hathaway (BRK.A) the single most expensive stock and has been for most of my life is “only” at $400K+. Even with all that info on GME it’s just hard to believe - I want to believe tho. I’m putting in a buy order today for 4 shares to dip my toe in the water.
I’ve been thinking the same thing with Patrick Byrne. I feel like he is involved in this as well.
I’m on the fence about just how high GME can truly go. I’m fairly certain it will get into the six figures. If it does go int the 7-8 figure range I think it will be very brief with very little volume traded up there.
I do, however, believe that when we finally get the true short interest + FTDs and including the ETF shares that the final number will be jaw dropping. Something like +2,000% short interest.
If they’re already screwed at 300% SI, then why wouldn’t they just keep doubling down and hope they can weasel their way out of it? If they already stand to lose everything then they have nothing to lose by continuing to short it.