I have tried to understand GME and how this is relevant to the Plan. Can someone provide a basic 4th grade summary? I have been dreading putting it out there like that, and I expect to hear, "Do your own research." The point is... I'm not understanding what I am reading!! It's just not sinking in. Thanks in advance.
Buy a few shares, DRS them and just wait, patience is required. Start reading Reddit/r/superstonk. If you like what you read, buy more! That’s how I started, I do believe there will be another short squeeze. It might take some time because it takes time to lock the float. Superstonk has an entire library devoted to this.
I know what a short is. It's when you "borrow" a share for a certain time before selling it back, expecting the price to drop. I was following it a bit back when it first started and i remember reading that they were delaying the inevitable squeeze by borrowing borrowed shares, and that there were many more shares in circulation than actually existed. What's to stop that from happening again?
I have tried to understand GME and how this is relevant to the Plan. Can someone provide a basic 4th grade summary? I have been dreading putting it out there like that, and I expect to hear, "Do your own research." The point is... I'm not understanding what I am reading!! It's just not sinking in. Thanks in advance.
Buy a few shares, DRS them and just wait, patience is required. Start reading Reddit/r/superstonk. If you like what you read, buy more! That’s how I started, I do believe there will be another short squeeze. It might take some time because it takes time to lock the float. Superstonk has an entire library devoted to this.
Can't they just "short the shorts" to wait out the short squeeze? Sorry if this sounds retarded, I don't know much about stocks
It doesn’t work that way. Read up on short definition, it’s not too hard to understand.
I know what a short is. It's when you "borrow" a share for a certain time before selling it back, expecting the price to drop. I was following it a bit back when it first started and i remember reading that they were delaying the inevitable squeeze by borrowing borrowed shares, and that there were many more shares in circulation than actually existed. What's to stop that from happening again?