Today is the big day folks! Will retail investors get royally fucked over again, or will hedge funds go completely bankrupt when covering their shorts today?
Wtf is a short squeeze and when should I sell
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So, uh, is capitalism over now?
I want to get off Mr. Capitalist’s Wild Ride!
OK folks, strap in. We ended today over $320, which means a shit ton of options were in the money and will execute. There’s going to be about 10 million shares that are going to be bought when those options execute today at 5:30 EST, and that’s when things start to get crazy. That’s a gamma squeeze, which will send the price soaring. Will it trigger the short squeeze? Maybe. Depends on how high the price goes. But the higher the price, the more premium on the shorts the shorters have to provide, and when that premium hits a level beyond which one of the shorts can’t pay, that’s when we get our first margin call. When that happens, the squeeze is on, and it’s only a matter of time before all the short positions are liquidated by margin calls and the stock price approaches infinity.
i have a bad feeling the feds are going to step in before this really kicks off. can’t let the precious market collapse. i’m just hoping to slip out monday we have been playing chicken for too long with this. i feel like this has become far too large, all encompassing, and involving far too many oligarchs to just result in nice payouts to a few million people
Depends on how much they fear backlash. If the Fed doesn’t have shit for brains they’ve already patched up the liquidity crunch problems that almost threatened to take down the entire market yesterday. I think it’s better for them to just let this play out than intervene and trigger Occupy 2.0.
Can anyone tell me how to buy stock in communism?
Do Chinese tech stocks count? Bilibili is where the Chinese Gen Z is at and it seems their communist youth leagues have fairly large followings there. They also brought us The Leader and are working on a Mao Zedong anime. Also it’s up like 6x since last year lol.
What happens when trading apps block sales when GME hits its high lol, that’s the ball drop I’m waiting for