🚨Surprise! Surprise! China bans all shorting by 7/22 Monday. "China is a sleeping giant. Let her sleep, for when she wakes she will move the world" - RC
Citadel in HK set up office in 2022 July and create pump & dump for $HKD & $AMTD
They can't do shit in China for naked shorting or other market manipulation using China side for any liquidity grab anymore. They suspended all securities lending as of today. Starting on Monday, 7/22 margin ratio will increase 80%->100%.
There are also $2.5B worth large Swap due next Monday. I do think it could start rally next week through T+7 + OPEX, which is 7/30.
Also, I do think BYON needs to show their card as catalyst before entering Bull cycle and if that's merge w/ BBBY + BYON creating short squeeze, that could potentially happen after BYON earning 7/29.
Some already knew from Charles Schwab rep mentioned that old BBBYQ shareholder will receive BYON shares in exchange last October.
An Anon suspects BYON buying BBBY IP was mid finger to hedgies. Big catalyst is about to be announced either on their earnings or early August.
Shorts need to reduce their short exposure before BYON x BBBY rally happens, therefore, I do think GME rally first on T+7+OPEX til 7/3 before BYON x BBBY run in August.
I hope you all understand that short sellers provide liquidity. Without liquidity when a sell off happens, it will sell off 100x harder.
Think about it... when stocks go down, short sellers cover, providing bounces. Without them, when a sell off happens it will go straight down. Expect a 1929 style collapse coming.
They also naked short sell. I'm more concerned about that then a stock going straight down.
They are stealing money every time they naked short. It's all rigged. Fuck'em, I got my GME and DJT.