Well, more and more shares are being direct registered (via ComputerShare), which is the key. It takes them out of circulation for this "shell game". In addition to that, the borrow rate is increasing... jumping from a mere 0.5% to over 35% at some points in time. This is costing them big time, the longer they kick the can, the more it costs them.
All we have to do is HODL.
Now... my question is, what happens when the rubber meets the road and their fake shares are liquidated/they are margin called? The value of each share will absolutely skyrocket - because this liquidation occurs automatically from what I understand...
DRS shares worth millions? Regular brokerage shares...?? No clue. If places like eToro, Fidelity, eTrade attempt to "force sell" shares or hold them hostage, they open themselves up to massive lawsuits. Remember RobinHood did exactly that early on - turning off the Buy button and selling shares without consent of the owners...
That's the big unknown, WTAF happens when GME explodes?
They did. Right when the price dropped, as it was climbing... and then a screen cap of a "Buy Ask" hit over $440,000.
Wtf!! How long can they hold this back? It has to be close to the end, no?
Well, more and more shares are being direct registered (via ComputerShare), which is the key. It takes them out of circulation for this "shell game". In addition to that, the borrow rate is increasing... jumping from a mere 0.5% to over 35% at some points in time. This is costing them big time, the longer they kick the can, the more it costs them.
All we have to do is HODL.
Now... my question is, what happens when the rubber meets the road and their fake shares are liquidated/they are margin called? The value of each share will absolutely skyrocket - because this liquidation occurs automatically from what I understand...
DRS shares worth millions? Regular brokerage shares...?? No clue. If places like eToro, Fidelity, eTrade attempt to "force sell" shares or hold them hostage, they open themselves up to massive lawsuits. Remember RobinHood did exactly that early on - turning off the Buy button and selling shares without consent of the owners...
That's the big unknown, WTAF happens when GME explodes?