Let's swap some stock.
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01-31-2021, 12:07 AM #1
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01-31-2021, 12:25 AM #2
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01-31-2021, 01:01 AM #3
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01-31-2021, 04:47 AM #4
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01-31-2021, 08:49 AM #21
- Join Date: Jul 2015
- Location: Oslo, Norway
- Age: 32
- Posts: 3,327
- Rep Power: 50332
GME short squeeze is still imminent NOT because so many hedge funds are shorted on GME, but because of the limited amount of shares available. When we meme "HOLDDD", it's not because we just want to see it go up higher, holding it actually causes the stock to go higher because the shares you hold are off the table for shorts to cover. $1000+ is a realistic target
GME is unique because it is a rare market condition where increased buying can drastically drive up the price of the stock, and holding puts pressure on hedge funds to also buy. Do not fear. Do not waver. Do not sell.
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01-31-2021, 08:55 AM #22
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01-31-2021, 09:03 AM #24
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01-31-2021, 09:21 AM #27
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01-31-2021, 09:40 AM #28
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01-31-2021, 09:46 AM #29
Apparently around 11 billion in short positions on gme by hedge funds. If they are all squeezed could trigger a mass selloff, market does not have enough liquidity for that.
Though I read a lot of other funds hold millions of GME shares, so I wonder if they are just waiting to dump. Like a game of poker right now, who’s bluffing and telling the truth
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01-31-2021, 09:47 AM #30
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