Everyone’s getting sick of it… The theater seats are emptying !!!🤨
(media.greatawakening.win)
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There’s a joke here about amc shills but I believe I’m on the wrong sub.
Oh hey, I get to plug GME before going to bed.
Going purely off volume, shorts have exceeded volume for all but four days since April 19th. Those being June 11th, and Aug 4th-6th. This is important because we've essentially had naked shorting be about half of all volume since a stretch from April 5th to 19th having alternating longs and shorts but ultimately canceling itself out. Before that period was again a stretch of shorts outpacing longs going back to Feb 19th.
Now it's been confirmed in various interviews that the SHFs were over 250 million shares short on a stock where only about 70 million shares were supposed to exist. The gap of shorts with no longs, indicating naked short selling would triple that value, at minimum. So there are now roughly 750 million shares short on a stock where there should only be about 76 million shares. There will be a financial crater from this, and a LOT of people are going to be hit from the fallout.
All of my buys the past few months have been through Computershare, so yes I am DRSing. My plan however involves leaving two shares per broker outside the horde. Although the bulk of my shares are still being held hostage to an extent over at SoFi / Apex, because I still have a few stupid sell orders up.
Anyway, using the two per account rule should give me the time to get some funds out of them before they go belly up, when the MOASS dominoes start tumbling.