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free2caree 7 points ago +7 / -0

They haven’t covered at all, haven’t even started (probably). They are using several financial instruments to keep the price artificially suppressed (dark pools, married puts... this is a whole new field of research for me). I think if the takeaway from everything is “research for yourself,” there needs to be a lot of research done into the financial and banking sectors. There are several threads on /r/superstonk about all of this if you go there and sort by top of all time

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free2caree 8 points ago +8 / -0

It is just like he said. In Beijing 2012, the opening ceremony features large depictions of coronavirus, and I believe also some weird screenplay-type thing where we saw hospital beds. Watch the 2012 opening ceremony and you will see it for yourself. You can find it on YouTube

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free2caree 3 points ago +3 / -0

FWIW GameStop changed its logo to black and white a few days ago, I think maybe on 7/1 or 7/2

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free2caree 3 points ago +3 / -0

If hedge funds tank, there is no requirement for anyone to purchase GME shares, meaning that they are simply long on GameStop with no other indicators for massive price action. That said, the fundamentals behind GameStop are extremely solid, and it’s a good stock in its own right, even without the HF fuckery - they’re poised to become the Amazon of gaming within the next few years

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free2caree 2 points ago +2 / -0

That’s a question we’ve been pondering for a while and the truth is we’re not entirely sure. Eventually they will run out of money because they have to pay interest to their share lenders (shorting a stock requires borrowing a stock from someone else) although it seems like they’re all collaborating to keep the short interest percentage low. So honestly we don’t know for sure. On /r/superstonk you can read their analyses, there seems to be a number of indicators for price movement, some of which seem to have been more or less reliable (search for Elliott waves and FTD cycles on that sub for more). I wish I could give you more information but honestly I would just be reiterating what I have read there so you may just want to go research there. & there are a few must read posts. I think you can find them pretty quick by sorting for top of all time on that sub but if not you can search there: “Citadel Has No Clothes,” “House of Cards I,” “House of Cards II,” and “House of Cards III”

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free2caree 2 points ago +2 / -0
  1. We can't predict the future, but we know it has never happened before.
  2. The law of supply and demand dictates:
    a) When supply goes up, price goes down if demand doesn't go up too.
    b) When demand goes up, price goes up if supply doesn't go up too.
    In this case, hedge funds shorted $GME more than 100% of available shares through a questionable (read: mostly illegal) practice known as naked shorting. They will one day need to purchase $GME to satisfy these short positions. So we have a scenario where demand is going up (retailers are competing with the hedge funds by buying the shares) but supply is going down (retailers are purchasing $GME, and GameStop is not issuing new shares). This causes the price to go up, which will not go back down until supply is increased (either by GameStop issuing new shares or retailers selling their shares) or demand goes down (from hedge funds satisfying their short positions). If retailers do not sell, the supply stays the same or goes down, and the demand continues to rise.
  3. They will sell when the price reaches exorbitant amounts, bankrupting hedge funds. No one knows when this will be, and people are making their own financial decisions in the end.
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free2caree 3 points ago +3 / -0

Maybe it is messaging. It’s saying that the blue states on the left will start their own forensic audit, but Pennsylvania won’t?

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free2caree 3 points ago +3 / -0

This is a double edged sword I’m not really sure we want though. The IRS already harasses the good guys pretty bad. Imagine how easy it would be for “independent” auditors to cause hell for people like Gaetz or MTG. I think we should all expect any “independent” organization to be corrupted within a few years if it has the potential to increase their relative power. Further, it wouldn’t even help in most cases because there is no way any court will subject private citizens (the relatives of public officials) to these audits. They didn’t make any decision to join the public sphere; punishing th

by BQnita
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free2caree 2 points ago +2 / -0

There’s an emergency meeting by the Fed coming up shortly too, you can find more information on /r/superstonk

by BQnita
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free2caree 4 points ago +4 / -0

There is also an emergency meeting scheduled by the Fed coming up shortly, you can find more information on it on /r/superstonk