Jan 30 2021, 08:27 AM
QUOTE(yugimudo @ Jan 30 2021, 08:09 AM)
I want to blast u guys but im feeling generous this morning.
If they can sell on peak u think they dont do it already?
The thing is they over short the shares by large margin.
Technically the retailer own share that didnt even exist. Now they stuck in a mode that if they want to get out, they must pay the retailers for their shares.
They make GME price fall as low as 3$ highest peak is 400$. If they can sell, why not sell at that time? Who con who?
And even more curious why etoro and Robinhood block any attempt to buy more the stock, only allow selling???
Even the main news are pressuring retailers to sell. So, if u think Melvin is waiting for peak, u r so not understanding the situation.
Alot people dont understand this.If they can sell on peak u think they dont do it already?
The thing is they over short the shares by large margin.
Technically the retailer own share that didnt even exist. Now they stuck in a mode that if they want to get out, they must pay the retailers for their shares.
They make GME price fall as low as 3$ highest peak is 400$. If they can sell, why not sell at that time? Who con who?
And even more curious why etoro and Robinhood block any attempt to buy more the stock, only allow selling???
Even the main news are pressuring retailers to sell. So, if u think Melvin is waiting for peak, u r so not understanding the situation.
Also they need to pay interest on the loan for the shares that they short.
The price will only go up if ppl dont take profit on current price.
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