I understand the idea that there is a massive short on GME, and that it will (eventually) cause an even-more-massive 'short squeeze', sending prices 'to the moon'.
What I don't understand is how that translates into an actual financial benefit to (real) shareholders - because of two 'holes' that I see (as an amateur).
The 'near infinite' nature of the debt seems to allow for two scenarios that may be 'the first of their kind'.
First - What's to stop the 'big guys' from simply 'erasing' the transactions that say they have a short position? If they 'own' the markets, can't they (in a big enough emergency) simply scrub the books? (Of course I know this would be 'illegal', but what's to stop it from happening?)
Second - If the loss to any one entity is large enough, what's to stop them from simply declaring bankruptcy (or some similar 'out')? How would you 'recover funds' from an entity that is no longer in operation (and/or doesn't have the 'infinite assets' that would be required to cover the new 'to the moon' price)?
I respectfully disagree. I bought 200 shares right before the market opened and so far I'm disappointed the Wall Street swindlers didn't push the shares lower so I can buy many more because I know Game Stop is the largest of it's type in the world and very liquid.
You can't listen to fake news because Game Stop is like showing the cross to Dracula.
Also didn't Q mention GME many times?
The Wall Street criminals are the same people as the banking criminals are the same people as the Election fraud criminals.
Where they fall one they fall all.
Be with team Q and team GME.
Get yourself a couple of shares and you'll thank us. 👍🇺🇲