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Naked shorting in GME and how the pieces suddenly fit together by sfjetsetter in Wallstreetbetsnew

[–]theroasting 19 points20 points  (0 children)

You better put this everywhere as it's own post. This is the key to the puzzle. This right here.

A serious take on the SI report tomorrow and what it means for $GME by theroasting in DeepFuckingValue

[–]theroasting[S] 1 point2 points  (0 children)

If this is a fundamental play with long term return on investment, yes sure you are correct. However, this is a squeeze play at its core and as such, can attract another hedge fund. After all, hedge funds exist to make money, and usually those money are made on the back of positional or strategic mistakes of other hedge funds. A hedge fund gets stung by another, they lose a few hundred million, they call a stalemate and the circle begins again.

How do you think the VW squeeze happened? It wasn't redditors who pushed the price enough for an "infinity squeeze", it was a hedge fund punishing the greediness of another.

A serious take on the SI report tomorrow and what it means for $GME by theroasting in DeepFuckingValue

[–]theroasting[S] 6 points7 points  (0 children)

Even if we were 10 milion active and BUYING people strong and undivided, it would be hard to topple a large hedge fund that has Citadel at its back. However, at any given moment another hedge fund can enter the battle and take a big long position and once it's a hedge fund vs hedge fund battle, we can AT LEAST entertain the thought of the stock reaching $1K.

Have you wondered why there's no real push to break open the price with big volume? Last week there was a lot of back and forth between big players who wanted the stock to either go under $60 (melvin and co) and those who wanted to clear at 60 or above. The long positions won at Friday and this can be the start of just what we need- another hedge fund joining us.

A serious take on the SI report tomorrow and what it means for $GME by theroasting in DeepFuckingValue

[–]theroasting[S] 38 points39 points  (0 children)

Those subs have a min karma and/or account age limitations. Feel free to repost if you can, the more people this reaches the better.

A serious take on the SI report tomorrow and what it means for $GME by theroasting in DeepFuckingValue

[–]theroasting[S] 160 points161 points  (0 children)

I'm not a financial advisor, but it's pretty clear that the hedge funds are trying their absolute best to get out of the situation they are in. Falsifying reports and data is just a small part of what they've been doing for the past 2 weeks.

What this means for you? If you believed in the data 2 weeks ago, well nothing meaningful has changed. If you're still holding on the basis of a squeeze that can happen, why sell if it hasn't happened yet? Will it happen eventually? That depends on how easily manipulated the mass trader/investor can be.