The GME Rabbithole
www.reddit.com/r/GME...f_all_due_diligence/
(Not mine)
Big hedgies are closing and liquidating long and profitable positions on many stocks to be able to pay off the incoming gamma squeeze on GME and possibly AMC. Bloombergs and CNBCs will call it a "Correction" when it's in fact just greedy naked shorting and overshorting a company for more than their share float in order to bankrupt them. GME is squeezing slowly and will eventually explode. As time goes on, these hedgies or CITADEL or Point72 people will liquidate more and more to prolong their suffering. Melvin likely sold their short positions to the people above them and may not be a thing anymore, who knows. No way they have this much selling pressure, must be a bigger fish.
Eventually everyone of them will get bailed out because the system is too big to fail and we'll get paid what's owned. Melvin filing for divorce and certain execs getting bonuses in this last period indicates that they know what's to come.
Make sure to trade without margin and disable share lending. Their reckless shorting will 'crash' the market and we'll see another 2008, but not for us, for the hedgies and unfortunately the government will likely use Taxpayer money to bail them out. Not sure who wins here.
Media is still shilling fake stories on how GME or AMC are BAAD. SPY and GME are inverse of each other. That's all.
www.reddit.com/r/GME...f_all_due_diligence/
(Not mine)
Big hedgies are closing and liquidating long and profitable positions on many stocks to be able to pay off the incoming gamma squeeze on GME and possibly AMC. Bloombergs and CNBCs will call it a "Correction" when it's in fact just greedy naked shorting and overshorting a company for more than their share float in order to bankrupt them. GME is squeezing slowly and will eventually explode. As time goes on, these hedgies or CITADEL or Point72 people will liquidate more and more to prolong their suffering. Melvin likely sold their short positions to the people above them and may not be a thing anymore, who knows. No way they have this much selling pressure, must be a bigger fish.
Eventually everyone of them will get bailed out because the system is too big to fail and we'll get paid what's owned. Melvin filing for divorce and certain execs getting bonuses in this last period indicates that they know what's to come.
Make sure to trade without margin and disable share lending. Their reckless shorting will 'crash' the market and we'll see another 2008, but not for us, for the hedgies and unfortunately the government will likely use Taxpayer money to bail them out. Not sure who wins here.
Media is still shilling fake stories on how GME or AMC are BAAD. SPY and GME are inverse of each other. That's all.