Right when the hedgies massive options expire? I think they need to push the price all the way down at or below $18... lol... overnight activity is surging on the buy side, and then they just erase it all in the morning illegally w/ the entire float borrowed almost daily.
$GME only has to close at $30.01 tomorrow to make most of hedge fund shenanigans meaningless, and a close at $34.01 nullifies it all. Max call option strike is $34 for options expiration tomorrow, and if all the call options are exercised, hedgies have to deliver a crapload of shares they don't have by market close on Tuesday. Then we start all over with new max call strike of $100 for next Friday's call options. NET RESULT for this week would be huge expenditure of ammo and liquidity by hedgies for zero actual impact in their favor.
Shares required to be delivered from large amount of exercised call options the previous Friday have a tendency to create big "gamma squeeze" on Monday and Tuesday as hedgies scramble to find shares that don't exist. Current $GME squeeze appears to have started this way on April 26 and then just snowballed.
it's a Q day tomorrow, the 17th
And with 17 "WWG1WGA!!!" drops. https://qalerts.app/?q=May%2017
wow!
Right when the hedgies massive options expire? I think they need to push the price all the way down at or below $18... lol... overnight activity is surging on the buy side, and then they just erase it all in the morning illegally w/ the entire float borrowed almost daily.
i had a call option at 25, breakeven at 30.... i exercised it anyways just to F the hedgies.
Didn't know that. That does explain the high trade volume .
$GME only has to close at $30.01 tomorrow to make most of hedge fund shenanigans meaningless, and a close at $34.01 nullifies it all. Max call option strike is $34 for options expiration tomorrow, and if all the call options are exercised, hedgies have to deliver a crapload of shares they don't have by market close on Tuesday. Then we start all over with new max call strike of $100 for next Friday's call options. NET RESULT for this week would be huge expenditure of ammo and liquidity by hedgies for zero actual impact in their favor.
Shares required to be delivered from large amount of exercised call options the previous Friday have a tendency to create big "gamma squeeze" on Monday and Tuesday as hedgies scramble to find shares that don't exist. Current $GME squeeze appears to have started this way on April 26 and then just snowballed.
Yes but the million dollar question is are AMC buys retarded or yolo?
You can always count on Adam to dilute the shares.
It's not for me, for that reason and many others.
I dunno, I've been buying a few just in case. they have a 1/4 stake in HYMC gold mining corp someone round here said
They also look massively undervalued and they are very heavily shorted. If they do go up, we've caught them near the bottom if we get a few now.
Some 23yrs old guy make a million on buying amc
Yeah “don’t trust AA” seems like the way to go
Doesn’t mean I’m right but lots of signs on that one.