I’m telling you that CNBC has confirmed beyond a shadow of doubt that GameStop (GME) is being illegally naked shorted. I couldn’t believe my eyes or ears this morning. If you don’t own this stock or think it’s stupid idiots throwing money away, a very “respectable” news source let the magic word “naked short sellers” slip
Cats out of the bag now
I can hodl longer than banks can remain solvent.
Btw the price of silver is manipulated as much as the price of gme and even treasury bonds. You might want to reconsider your position.
Yea i know.... Thats kind of the whole point. At least there is a tangible + valuable underlying asset for those silver contracts. Gamestop as a company is pretty meh. Gamestop shorts can easily settle their positions with cash but people actually need silver
And yet they haven't, instead they borrow tens of thousands of counterfeit shares every day instead of just covering.
No, they can’t. Especially when apes aren’t selling.
They are both good plays. As you said they can cover with cash,at some price they can do the same with silver.
But they can both cause,max pain.