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To: UNGN

The GME shorters haven’t cried Uncle yet?


10 posted on 01/09/2022 6:38:29 PM PST by Paladin2 (🍊)
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To: Paladin2

I’d estimate they need GME to be about #2.00 to break even, but...

As long as the Fed is giving away free money, they are paying the interest on their loans.

How to make money, without using Yo Monoey.


17 posted on 01/09/2022 7:34:42 PM PST by UNGN
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To: Paladin2
The GME shorters haven’t cried Uncle yet?

Not yet and the retail traders have upped the anti by DRSing (direct registration system) their shares in their name. If you leave the shares with a broker the broker can loan them out to the short sellers.

Speculation is that the hedge funds continue their shorting and have been engaged in naked short selling. I can't confirm any of this. As a disclaimer this is not financial advise.

To fuel the speculation and the conspiracy theories GME recently shot up in after hours trading. This led to business news organizations to report GameStop's plans of creating an NFT marketplace when no press release had been sent out by GameStop. GameStop had set up a preliminary registration site for content creators that went unnoticed by the press 3 weeks ago. Which is kind of fake news when you think about it.

Not that you asked for all that information but I thought someone might be interested.

26 posted on 01/09/2022 9:55:54 PM PST by stig
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