So what is happening with Gamestop now ?

[Amnesia]

zero129 said:

Amnesia said:

Some pretends that for GME it is locked already, the chain reaction started can not prevent it to go 1000+ soon. I would definitely stay away from GME as long as I don't completely understand the rules which define the paying back of the shorted stocks. If it goes 300 to 1000, this will not be the consequence of new small buyers but mainly from the massive mandatory re-buying of the hedge funds.

What do you mean by "Paying back of the shorted stocks"?. For instance if i was to buy 1 gme @325 and it went up to say 1000, if i sold might the be a problem with me getting paid?.

No, I mean that the hedge funds have a ton of shares to "buy back", because they had sold a lot without possessing it, they are suffering from this today with real pain.

But the rules and conditions for the delay to buy back is really complex, and only if you are perfectly aware about the current situation, you can decide if it is good to buy it or not, or eventually to short it.