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23
M. Burry likes (The Big Short) GME today. Apologize for an CNBC link, but if they are forced not to ignore this…. (www.cnbc.com)
posted 152 days ago by TaogTaov 152 days ago by TaogTaov +23 / -0
GameStop shares move higher after Michael Burry says he's been buying the stock
Burry said his investment is a long-term value play rather than a wager on renewed meme stock speculation.
www.cnbc.com
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▲ 5 ▼
– TaogTaov [S] 5 points 152 days ago +5 / -0

GME might be getting ready for some moves up. Silver has European banks on the ropes (maybe). GME might be the US domestic battlefield? GME and DJT have a bit of a BTC backstop too. Spicy times ahead???

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▲ 3 ▼
– propertyofUniverse 3 points 152 days ago +3 / -0

GME is up about 7% today

Lots of trading volume so you know there is a price tussle in the background.

https://finance.yahoo.com/quote/GME/

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▲ 5 ▼
– TaogTaov [S] 5 points 152 days ago +5 / -0

Cohen purchases + Burry = moves it today, Roaring Kitty soon?

At least they are giving MSM some cover by being able to call ‘the rises are due to those crazy kid meme-rs’ 😀.

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▲ 4 ▼
– propertyofUniverse 4 points 152 days ago +4 / -0

IMO, the biggest purpose of the MOASS to drain the cabal wealth at the most inopportune moment for them.

Looks like this moment might be imminent.

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▲ 1 ▼
– LightsOn45 1 point 152 days ago +1 / -0

I still do not think we are close yet. I have a feeling it's going to be another year or two.

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▲ 2 ▼
– ILoveIvermectin 2 points 152 days ago +2 / -0

LC also made purchases.

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▲ 2 ▼
– DontAsk 2 points 152 days ago +2 / -0

Archived link:
https://archive.ph/EVxLB

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▲ 2 ▼
– TaogTaov [S] 2 points 152 days ago +2 / -0

Appreciate that.

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▲ 1 ▼
– LightsOn45 1 point 152 days ago +1 / -0

Two things I disagree with him on:

  1. MOASS is unlikely
  2. The reported short interest is real

Number 1 could be his way of plausible deniability in case MOASS does happen and keeps the SEC off his back this time.

Number 2 he has to know shorts never closed and a reported SI of 18% or 21% isn't remotely realistic, especially given the fraud that happens by the second in the market.

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▲ 1 ▼
– TaogTaov [S] 1 point 152 days ago +1 / -0

Re item 2: I’d think he has to say it that way - legally - not positive, but thinking anything contrary might open litigation.

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