The days to cover has been dropping at a rate of 0.3 per day for the past week.
2 days ago: 1.13 days to cover
1 day ago: 0.86 days to cover
Today: ~0.56 days to cover
Do the math yourselves. The squeeze is happening either on Friday or on Monday.
Also it's possible we will see double digits before things get better. The price is dropping NOT because people are selling, but because brokers are selling the same shares to each other while constantly shorting them which is illegal because it creates more shares than what actually exist. They are trying to cover their shorts in this illegal manner by creating fake shares. The NYSE is aware of the huge amount of shares failing to delivery at ~5million shares right now.
It's 50/50.
-We either get screwed.
-Or they get screwed.
I bet 300k e.g EVERYTHING i own on GME at 235. If i had more money i'd buy more. Any dip is a buy.
When the squeeze does happen, this thing will blow up to multiples of the current price. Whether you bought at 100-200-400 won't matter. Just DONT SELL otherwise you're giving your shares to these assholes for free so they can cover at 100-200-400 instead of 2k-3k-4k which is what we want to force them to do.
There's not enough time for them to counterfeit enough shares to cover their shorts. They can drive the price down all they want, the short will happen as long as you buy and don't sell. I am 100k down.
DIAMONDS ARE MADE UNDER PRESSURE
DIAMONDS ARE MADE UNDER PRESSURE
DIAMONDS ARE MADE UNDER PRESSURE
DIAMONDS ARE MADE UNDER PRESSURE
DIAMONDS ARE MADE UNDER PRESSURE
DIAMONDS ARE MADE UNDER PRESSURE
2 days ago: 1.13 days to cover
1 day ago: 0.86 days to cover
Today: ~0.56 days to cover
Do the math yourselves. The squeeze is happening either on Friday or on Monday.
Also it's possible we will see double digits before things get better. The price is dropping NOT because people are selling, but because brokers are selling the same shares to each other while constantly shorting them which is illegal because it creates more shares than what actually exist. They are trying to cover their shorts in this illegal manner by creating fake shares. The NYSE is aware of the huge amount of shares failing to delivery at ~5million shares right now.
It's 50/50.
-We either get screwed.
-Or they get screwed.
I bet 300k e.g EVERYTHING i own on GME at 235. If i had more money i'd buy more. Any dip is a buy.
When the squeeze does happen, this thing will blow up to multiples of the current price. Whether you bought at 100-200-400 won't matter. Just DONT SELL otherwise you're giving your shares to these assholes for free so they can cover at 100-200-400 instead of 2k-3k-4k which is what we want to force them to do.
There's not enough time for them to counterfeit enough shares to cover their shorts. They can drive the price down all they want, the short will happen as long as you buy and don't sell. I am 100k down.
DIAMONDS ARE MADE UNDER PRESSURE
DIAMONDS ARE MADE UNDER PRESSURE
DIAMONDS ARE MADE UNDER PRESSURE
DIAMONDS ARE MADE UNDER PRESSURE
DIAMONDS ARE MADE UNDER PRESSURE
DIAMONDS ARE MADE UNDER PRESSURE