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These are classic hedge fund tricks.
WHAT'S HAPPENING RIGHT NOW IS NOT A SELL-OFF.
Melvin Capital is going to throw a lot of tricks at us that will make it look like the stock is dropping. Don't fall for it.
Do not sell if you see any of these things happen:
GME drops by 30% or more after hours
SEC filings show that shorts have all exited their positions
GME drops below $1 a share
The Gamestop locations near you start closing
GME files for bankruptcy
GME is delisted from the stock exchange
Your bank forecloses on your home for late payment
Your children have children of their own who grow up and become investment bankers and tell you that you should stop telling people you're "diamond handing" a company that went out of business 30 years ago
These are classic hedge fund tricks.
WHAT'S HAPPENING RIGHT NOW IS NOT A SELL-OFF.
Melvin Capital is going to throw a lot of tricks at us that will make it look like the stock is dropping. Don't fall for it.
Do not sell if you see any of these things happen:
GME drops by 30% or more after hours
SEC filings show that shorts have all exited their positions
GME drops below $1 a share
The Gamestop locations near you start closing
GME files for bankruptcy
GME is delisted from the stock exchange
Your bank forecloses on your home for late payment
Your children have children of their own who grow up and become investment bankers and tell you that you should stop telling people you're "diamond handing" a company that went out of business 30 years ago
These are classic hedge fund tricks.
GME short squeeze
Lets dumb this down for you apes:
- Let's say 5 banana's currently cost 10 dollar
- One ape on the market has 5 banana's
- Snake asks to borrow 5 banana's for a bit and instead sells the 5 banana's thinking price will go down soon (shorting). he thinks he can buy them later for less and give them back to ape, so he make's profit on the difference.
- Group of apes notice what stupid snakes are doing and decide to buy all banana's on the market until snakes have no other choice than to buy from the group of apes in order to return what they borrowed
- If group of apes stay strong then price will go πππ
Lets dumb this down for you apes:
- Let's say 5 banana's currently cost 10 dollar
- One ape on the market has 5 banana's
- Snake asks to borrow 5 banana's for a bit and instead sells the 5 banana's thinking price will go down soon (shorting). he thinks he can buy them later for less and give them back to ape, so he make's profit on the difference.
- Group of apes notice what stupid snakes are doing and decide to buy all banana's on the market until snakes have no other choice than to buy from the group of apes in order to return what they borrowed
- If group of apes stay strong then price will go πππ
Team Bull vs Team Bear
Team Bull
Jerome "We print it digitally" Powell
Elon "TSLA stonk too low imo" Musk
Nancy "Stimulus talks going well" Pelosi
Donny "Stop the count" Mango
Janet "Unlimited QE bitch" Yellen
Lisa "Su Bae" Su
Ryan "Make Gamestop great again" Cohen
------------------------------------------------------------------------
VS
------------------------------------------------------------------------
Team Bear
Jeff "No stock split to keep the poors out" Bezos
Mitch "Stimulus talks not going well" Mcconnell
Steven "Discontinue the PPP" Mnuchin
Andrew "PlTr PrIcE tArGeT $10" Left
Tim "Don't call me by my slave name" Apple
Michael "I'm publicly shorting TSLA" Burry
Warren "I fought in the Civil War" Buffet
Which team will win?
Team Bull or Team Bear?
Load up on weeklies for a ticket to the pay per view hell in the cell match.
------------------------------------------------------------------------
Special Guests:
That one JPM analyst with TSLA 90p 12/18
Life savings SPCE calls guy
Jim "FUCK ROBINHOOD" Cramer
Team Bull
Jerome "We print it digitally" Powell
Elon "TSLA stonk too low imo" Musk
Nancy "Stimulus talks going well" Pelosi
Donny "Stop the count" Mango
Janet "Unlimited QE bitch" Yellen
Lisa "Su Bae" Su
Ryan "Make Gamestop great again" Cohen
------------------------------------------------------------------------
VS
------------------------------------------------------------------------
Team Bear
Jeff "No stock split to keep the poors out" Bezos
Mitch "Stimulus talks not going well" Mcconnell
Steven "Discontinue the PPP" Mnuchin
Andrew "PlTr PrIcE tArGeT $10" Left
Tim "Don't call me by my slave name" Apple
Michael "I'm publicly shorting TSLA" Burry
Warren "I fought in the Civil War" Buffet
Which team will win?
Team Bull or Team Bear?
Load up on weeklies for a ticket to the pay per view hell in the cell match.
------------------------------------------------------------------------
Special Guests:
That one JPM analyst with TSLA 90p 12/18
Life savings SPCE calls guy
Jim "FUCK ROBINHOOD" Cramer
Apple announces an EV program
Oh boy I can't wait until 2024 when I can wake up to my Apple Homepod Siri alarm and check my Apple Watch for notifications and take a shower in my Apple Big Douche then put my makeup on before work in my Apple Mirror then take my Apple Car to my job at Apple Phone Plant #584 so I can work on my Mac Pro workstation designing the latest Apple Product the iShit smart toilet that syncs with your iAsshole to sense when you have a massive log brewing in my large intestine and sends me a notification to my apple colonoscopy bag. Russian hackers will know what I had for dinner.
Oh boy I can't wait until 2024 when I can wake up to my Apple Homepod Siri alarm and check my Apple Watch for notifications and take a shower in my Apple Big Douche then put my makeup on before work in my Apple Mirror then take my Apple Car to my job at Apple Phone Plant #584 so I can work on my Mac Pro workstation designing the latest Apple Product the iShit smart toilet that syncs with your iAsshole to sense when you have a massive log brewing in my large intestine and sends me a notification to my apple colonoscopy bag. Russian hackers will know what I had for dinner.
We can't blame market
To be fair "but I poop from there" wasn't an explicit "no". We can't blame market for doing what it did.
