noemie75 said:
@ zero129 No problem for getting paid if you your sell go through. I will buy some on monday. But this is money I will probably lose. The goal is to hold it until some hedge fund go bankrupt. (maybe at the end of this week) The Hedge fund still need to buy at least 80% of the GME shares to cover their shorts. And the more they wait to buy back the more it will cost them in interest... and I really think it can go to 1000... but it can stay there for some minutes and go back to 100. Very volatile. Very risky. Nobody knows what will happen. I am not a financial advisor ! Please do your due diligence. |
The shorting is by essence an absurdity, I would definitely call shorting: "playing with the Devil". What we are seeing has something mystical.
I did not know they still have to cover 80% of GME. If this is true and if enough people resist, it could even reach a 5 digit value.
I have placed some position on BB, AMC and NOK. I feel that GME is now too high for modest people like us to enter.