It’s a war of attrition. Their problem is that when we gain a mile of land they can only push us back a half mile. Then we advance a mile again. It takes awhile but they can’t push us back to the start.
GME close was > $22.01 today ($22.22 final settle price) putting ~145k options contracts representing ~14.5M shares IN-THE-MONEY. Hedgies now have 4 days to find and deliver by Tue, 14.5M shares to the expected nearly 100% converters of options to shares. Current available shares to borrow appears to be nearly zero (relative to 14.5M): one source: https://www.iborrowdesk.com/report/GME
EDIT: Second review of options contract numbers looks fishy, regard above as estimate.
We are stressing their resources.
I keep buying on the dips.
Some people may not realize this but the greatest reservoir of wealth in the world today is the American middle class.
It’s a war of attrition. Their problem is that when we gain a mile of land they can only push us back a half mile. Then we advance a mile again. It takes awhile but they can’t push us back to the start.
GME close was > $22.01 today ($22.22 final settle price) putting ~145k options contracts representing ~14.5M shares IN-THE-MONEY. Hedgies now have 4 days to find and deliver by Tue, 14.5M shares to the expected nearly 100% converters of options to shares. Current available shares to borrow appears to be nearly zero (relative to 14.5M): one source: https://www.iborrowdesk.com/report/GME
EDIT: Second review of options contract numbers looks fishy, regard above as estimate.
The fuckery with GME is massive.
I'm no expert, even an amateur would be a stretch, but I suspect another SS would kick off MOASS
So, uh, any of you care to share any good dealers?
JM Bullion is not competitive anymore.
I've bought the bulk of my bullion from Golden State Mint but my last purchase was at a local shop for some Silver Eagles.
https://www.goldenstatemint.com/deals/
Thanks
I liked them because they don't charge sales tax which makes quite a difference.
Plus free shipping at $200 so I'd hit that on orders, getting some full OZ's and some fractional.
Opportunities
Silver did a nice pop on the open...
Money is money. Gold and silver are money.
Cash is not money, is what I think you meant to write.