The inverse relationship means that, most likely, the whole financial world is working together to fucj all of us, but it's failing, so they are all losing money. When GME shoots up. Everything else plummets. Why? Because the hedge funds are trying to cover their losses through all the other stocks and indexes. They are losing billions and are scared shitless.
Because Gamestop was in a position where if they didn't pivot, they would fail. All the hedge funds and big name investors didn't see how Gamestop could continue to exist in a digital world, so they used options to "short" GME, which means the lower GME goes, the more money they make. What they did though, was short over 100% of the stocks...that's illegal because that means they were forcing gamestop to go bankrupt, which would make HFs millions. This was picked up on by smart retail investors who spread the word. We all bought and continue to hold GME to make the price go up, which means HFs lose money.
Options have time limits, so the HFs keep re-shorting in hopes we sell. But we aren't selling...so they keep re-ahorting... this is just costing them more and more money. They are getting money from people like Warren Buffet to cover for them. But we still aren't selling. These people are fucked.
I dont understand this at all. Can someone give a quick summary?
The inverse relationship means that, most likely, the whole financial world is working together to fucj all of us, but it's failing, so they are all losing money. When GME shoots up. Everything else plummets. Why? Because the hedge funds are trying to cover their losses through all the other stocks and indexes. They are losing billions and are scared shitless.
What I don't understand is why gme of all things?
Because Gamestop was in a position where if they didn't pivot, they would fail. All the hedge funds and big name investors didn't see how Gamestop could continue to exist in a digital world, so they used options to "short" GME, which means the lower GME goes, the more money they make. What they did though, was short over 100% of the stocks...that's illegal because that means they were forcing gamestop to go bankrupt, which would make HFs millions. This was picked up on by smart retail investors who spread the word. We all bought and continue to hold GME to make the price go up, which means HFs lose money.
Options have time limits, so the HFs keep re-shorting in hopes we sell. But we aren't selling...so they keep re-ahorting... this is just costing them more and more money. They are getting money from people like Warren Buffet to cover for them. But we still aren't selling. These people are fucked.
yeah, that's what they said, it'll be good if retail covered at least 10%, you need thank white hat's infinite money