The time will come.

Cant wait more confetti of bankers come raining down in near near future

so u think what will happen tomorrow? will melvin close their positions?

wont work unless you withdraw all physical

Selow, over $500 now

dont think they can close all in one go

the longer they drag, the more loss they will incur

I think I overestimated the impact.

My rough calculation shows that the shorts need less than $400 billion to cover their bets if the price hits $5000 per share. That’s not a small amount, but no where near enough to cause a catastrophic chain reaction.

i think they'll drag stock dealers into sharing their shit, like cause systemic collapse and force SEC to bail them out in someway

their MO is spread out the shit to make it look like systemic collapse

can explain to me what does it mean "close position"? sell all at loss?

i dont really know all the terms here, i want to understand

Can I join?

Well, they said many things before..in the past too.

BRRR money vs real (GOLD+SLV). do the math's. You`ll see wonders.

There`s a limited amount of GLD/SLV. all those ETFs are doom-..

This post has been edited by Syie9^_^: Jan 28 2021, 08:36 PM

Is a zero sum game, someone gonna get hurt.
Whether is a few small entities, or shared loss of few thousand internet armies of few millions investors

This post has been edited by kolamazu: Jan 28 2021, 08:36 PM

What are the SEC gonna do lol

What the wsb is doing is perfectly legal

Mind you, this isn't the first time things like this happened. Similar things happened couple years back with VW and Porsche

close as in buy back the shares at loss(cos they sold it at $4 and now have to buy back at $500 and higher) and return it to the brokers, cos now they are 'borrowing' the shares from the broker(seller) and they already sold all the shares to retail investors when its priced at $4

so now they have NO shares in hand at all, but they have to return the borrowed shares back to the broker tomorrow (friday), so now they have to buy it back from the retail investors, but now the retail investors are not selling and continue pumping up the price

so if melvin capital cannot return back the shares to the broker tomorrow, then they will incur a heavy interest per day for each day they delay the return of the shares to the broker

This post has been edited by steady bro: Jan 28 2021, 08:41 PM

Gonna go usd 5000 lol

cant wait them to go keep broad selling and the rest picking up the drop gold coins

definitely will ask gomen to bail them out again , just like back in 2008

thanks. i learn something new tonight.

Really interesting, are they doing some kind of risk spreading?

Buying GME is like a confirm jackpot as long as all retail hold and then hedgefund need to cover back all the shorts.