GME broke a 3+ year trendline today! Unlikely not to continue, at least past 100
(media.greatawakening.win)
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On paper it looks like it can run throughout this week and next week with a few slump days in between. The options OI for next Friday look alright
The only wall in the way is criminal shorting, which can happen. Me and a friend are a little skeptical of a squeeze because we've been in it since November 2020. But let's see, could be better this time now that the criminal aspect is more widely understood now
This could be another thing they might do: https://greatawakening.win/p/17t1otlhbU/trying-to-sell-a-gme-option-this/
Oh for sure but you always always have to temper optimism and act as if it can correct any moment. I am assuming there has already been illegal shorting but that has limits. That's the idea of a short squeeze. Maybe the clearing house allows for illegal shorting but then someone has to come up with the bucks at the end of the day. If they don't then at some point someone goes belly up and their shorts liquidated on them at a huge loss. Liquidated shorts means a huge buyback at whatever price