GME gonna do a stock split! Good bye Hedgies.
(media.greatawakening.win)
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I’ve tried explaining to people exactly why the GME stuff is bullshit.
I’ve pretty much stopped. It’s always “To the moon!” like that’s actually a thing.
They have no understanding how shorts work. No understanding of the actual math behind it. No understanding how options come in to play and worse, conflate options interests as actual shares vs interest in shares (or lack of depending on your side of the trade.)
A split literally changes nothing. It’s the same math distributed amongst whatever the split numbers is. 1 becomes 5, 1 becomes 7, at a cheaper price. Now even more retards can afford to “HODL” (spell the fuckin word right, have some respect for yourself) “STONKS” letting the shorts out slowly over time.
That’s the game when you get stuck in a short. The split makes the game easier.
Price increased on no news earlier in the week; price is down right now even with positive news. Tell me the entire thing is manipulated without actually saying so.
Hedgies didn't cover. Hedgies r fukt.
Yeah, you really made your case here.
It's okay, you can get a non-hedge fund job later on. You can stop spreading FUD now. Nobody believes it anymore.
Too the moon!
Don’t make a clown of yourself voluntarily.