Whos still holding?

Bought in GME at $40 still holding strong, waiting for the true squeeze to land and hit $10k+

Why would it hit 10k?

Some of the valuations people are throwing around are hilarious

The shorts will declare bankruptcy well before GME hits $10k. Most of what you are reading on r/WSB is propaganda designed to make sure you hold as long as possible.

Short squeeze, the biggest of all time

If VW can shoot to 5x its market value based on 12.8% short interest, GME can go a lot higher with >100% SI

If that's the case they are forced to liquidate all positions on a market order, thats exactly what we want

Redditers saying $20m is unrealistic, people will sell long before then


$10k-$100k I dont doubt can happen

If GME goes to $10k the shorts will declare bankruptcy. You will not receive $10k for your shares, ever.

The market cap of GME at $10k/share is $650bn. That's the size of the entire 2008 bailout. There's not a hedge fund in the world with that kind of assets.The aren't forced to do anything once they run out of money. You can't squeeze blood from a stone.

10k per share? Are you braindead lmao this isnt the dow, do you actually know how markets work or are you just chitballing and hoping for the best with wsb info

The risk gets passed up the chain to the broker in that case

There is BIG money shorting these two, 100+ hedgefunds and whales. Plenty of cash to spread around

Being greedy and waiting for a $10,000/share payout is how you come out of this with nothing (srs)

lol @ 10k

The short squeeze hasn't even started yet, $10k is very possible

Let's come back in a month and see how this thread ages.

No, they get margin called. Banks seize assets, and close all short positions while liquidating other assets and per new dtcc rules throws citadels assets up on the auction block for blackrock and co to take everything they had. Which is the real goal of all this. Remember blackrock is the largest gme holder and they will not let this “crash our economy” they just want to liquidate some minor funds and sieze everything.

Anyways when short funds get margin called the buying pressure will be immense and their will be no sell pressure to counter it since it’s just cancelling out owed shares. It will skyrocket and the shorts have to be accounted for.

Now I don’t think they will realistically let it even break 3k, they have too much to lose letting the whole market burn... but it’s gonna spike. If anything I foresee a crypto/nft dividend which would require all shorts to cover or even just an announcement of like 140% of the float voting in the proxy vote at the meeting on 6/9 which would trigger even more fomo and eventual margin call if it doesn’t happen before then. Another possibility is a merger with RC enterprises and a new cusip. Which would require all shorts to cover.

GameStop was already tweeting via official Twitter accounts moon walk, telling Reddit see you on the moon, *moass effect. (Mother of all short squeeze)

The day they got preliminary voting numbers from proxy votes. IMO they are NOT trolling and pissing off their customer base. They have proof of being naked shorted into the ground, have been warning about it. And plan on taking advantage in a way that beneficial for their stockholders and supporters and detrimental to the HF trying to bankrupt them.

Also RC is backed by blackrock..

Also citadel fukked blackrock as short position with Tesla this exact same way... it’s pretty clear what’s going on.


Up 60k this week, sitting on 650 shares with a 154 cb

From your posts and your sig, its clear you are the jelly type that has missed out on all the investment opportunities

buy in or stay mad

this means
hedge funds
will be assfuked
and a new finacial will occur
since big whales dont like to lose,so they will be bailed
and another 3trillion will be printed.look into my ROUGH ANAL SEX theory thread
and most people get their butthol fuked and destroyed,sad reality

I'm a millionaire.

What is your price target? or you going to sell down slowly or in one hit?

Lol nope

I've posted proof in other threads.

Continue to listen to the shills on WSB at your peril.

I’m not a stupid ape I’m a smart human not in it with anyone. I have zero confidence in the squeeze lasting “for a week”

I have small exits at 1k 2k 4K 10k 20k 40k 75k 100k 200k 400k 600k 800k 1m and 10m

Over half my shares would be sold at 100k.

That is assuming for some insane reason it follows superstonk/gme floor numbers. I have no actual commitment to following that, it’s just me selling on the way up plan, not gonna wait for a crash.

If it goes to 1.2k then bounces around 1k-700 for an hour or two without doing anything, I’m selling 90% of my position. And will do the same with any point during me selling on the way up that it stalls out for too long.

Sounds good mate, you have enough shares such that it only needs to hit the first few numbers for you to be set for life

Lmao this, if I was in I'm jumping at 500 no matter what the upswing looks like. That'll be a real strong psychological level. (if I even let it go that high)

I already sold out 30% of my shares which covered my investment and a small extra. All my shares now are pure profit

I have like $2.5k left in, so not crazy money. Id rather take a shot at big numbers rather than book in $5k in profit

Jelly

I can't imagine the chemical dump in the brain watching money build like that

The only people still peddling this bs are the people who are stuck holding their bags for missing the train on the first go around and trying to will this into happening.

Fair especially if you already covered your initial. Every individual needs to look at their own personal needs and risk assessment and make decisions for themselves. You sound like you're not hurting for money and 5k or so isn't going to change your life at all so may as well moon mission at no risk.

From a $500 investment, I now have cashed out my initial money plus some extra and have $2.5k sitting in shares which is pure profit

99.9% of people still holding GME are in the green. There's literally like half a trading day when you could have bought for more than the current price, and those people mostly averaged down anyway

That’s how I feel about it atm. Was originally bagholding 40k at 220.

Averaged down all through March/April to 140k at 170.

Sold 40k at 246 yesterday to bring me to 100k in at 153. I actual could need the cash over the next few weeks and didn’t like being over extended. Took a profit, removed my NEED to sel in case fukkery, and gave myself a point where I’m confident I can not lose out if it crashes IMO. I’m not quibbling over losing a few thousand dollars selling yesterday when I could have held today etc.. I just want to few good about cash on hand and my cost basis.