My suspicion is that the squeeze was supposed to happen last Thursday - but the groups that had the most to lose used their influence to put a squash on it. It ain't coming.
I also suspect that the shorts have a sweetheart behind-the-scenes deal for a 0% interest loan till they're able to clear their books of the whole thing (because "financial system stability") . They're annoyed at this point because it's tying up money that they could otherwise be using elsewhere for more profit. They're hoping "the poors" lose interest soon and move on so they can quietly square away their books and move on to the next grift.
So, basically, if you're still in and fiscally able to continue to hold to cause maximum pain to these hedge fund creeps. But if you need the money, it's best to get off the train now at a decent price. I really, really hope nobody bought the hype and got in at more than $100/share.... doubt it'll go back there again.
It's like a poker match where the other guy is clearly bluffing but refuses to call. I do think there's merit to the whole counterfeit shares/failure to deliver thing... because GME is such a clear outlier.
Yeah, most of the brokers have lifted the restrictions so they're not expecting it shoot up to the 300s/400s etc. If it somehow happens they'll just restrict it again.
My suspicion is that the squeeze was supposed to happen last Thursday - but the groups that had the most to lose used their influence to put a squash on it. It ain't coming.
I also suspect that the shorts have a sweetheart behind-the-scenes deal for a 0% interest loan till they're able to clear their books of the whole thing (because "financial system stability") . They're annoyed at this point because it's tying up money that they could otherwise be using elsewhere for more profit. They're hoping "the poors" lose interest soon and move on so they can quietly square away their books and move on to the next grift.
So, basically, if you're still in and fiscally able to continue to hold to cause maximum pain to these hedge fund creeps. But if you need the money, it's best to get off the train now at a decent price. I really, really hope nobody bought the hype and got in at more than $100/share.... doubt it'll go back there again.
It's like a poker match where the other guy is clearly bluffing but refuses to call. I do think there's merit to the whole counterfeit shares/failure to deliver thing... because GME is such a clear outlier.
Yeah, most of the brokers have lifted the restrictions so they're not expecting it shoot up to the 300s/400s etc. If it somehow happens they'll just restrict it again.