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Please read!!! This text will be the most important piece that you’ll see today!!!
They didn’t exit any of their short positions! You can look it up!!! The fund sold their shares to other funds, which made the stock algorithm think the stock is being sold —> price goes down —> the found that bought sells those shares again to the fund that sold them in the first place —> price drops even more —> they keep doing that —> price drops lower every time —> but as long as we hold they weren’t able to exit any positions!!! Shorts are still up 120% percent. As long as we hold the squeeze is inevitable!! And if you don’t believe me, look at the GME after hour stock price!
Furthermore don’t sell at 1000$ tomorrow or next week!!! It can be way ****ing higher! I‘m talking about numbers around 10/20k per share! Compared to the VW squeeze in 2008 GME would need to be valued at 34000$ per share!!!
READ THIS!!!! COPIED IT FROM A WISE REDDITOR!!!
EVERYBODY READ THIS! Important!
Since it got removed: When do we sell? A quick guide for GME Army. (SECRET TO DIAMOND HAND ???? )
When do we sell? A quick guide for GME Army. (SECRET TO DIAMOND HAND ???? )
Too much disinformation about when to sell. I'm tired of seeing people paper handing GME when it drops by 20%, or saying to sell Friday (BTW DO NOT ****ING SELL FRIDAY OR I WILL COME OVER THERE AND DO STUFF TO YOU!) so here is the DEFINITIVE guide on how to play the ending.
First, we need to understand what is "Days to Cover" or "Short Ratio" .
Official definition:
• ?Days to cover, also called short ratio, measures the expected number of days to close out a company's issued shares that have been shorted. • ?Days to cover is calculated by taking the number of currently shorted shares and dividing that amount by the average daily trading volume for the company in question. • ?A high 'days to cover' ratio can often signal a potential short squeeze.
Dumbed down version:
• ?imagine you're Melvin Capital and you have 1 million dildos up your ass. How long will it take to get all those dildos out of your ass? If the volume of dildo removing is 1 per day, then it'll take 1 million days to remove 1 million dildos up your ass. If it's 50,000 dildos a day, then it's 20 days. • ?Same thing with covering short positions. How long will it take Melvin Capital and other shorters to cover their short positions? You take alllll the shorted shares, divided by the average volume of share movement per day, and you get something called "Days to Cover"
Now you know what day's to cover means, you can check many websites to see what is the days to cover for GME.
So you can see, even if Melvin Capital wants to cover their shorts, it's gonna take them DAYS, and right now it's gonna take them an entire trading week to cover their position.
So what does that mean for us?
Well, we're just waiting for the day when Melvin Capital starts covering their position. When is that day? VERY ****ING SOON. They're are bleeding out of their ass
Would not the shorters get wind? Everyone would need to buy first thing Monday to get started before they can close?
Just me being thick , Roll on 14th when I won’t have time to watch for for a week or so
The truth is nobody knows which way it will go on open , what we know is the price was steady before suspension.
This is one of those opotunities to get in at the bottom, those who are in and holding will do well in the long terrm, not like jumping in on ARB and being spiked,
Theres only one reason for all the negative talk which is to scare people into selling their shares , There is so much shorting going on its unreal , they deserve to be burned,
The figures will speak for themselves, dont worry about open , worrry about 12 months time, you wont know what to spend our money on.
GLA genuine Holders
yep been playing up over hour , not good enough
14.47 and poof as if by magic the dissapears along with his predictions, LOL
So the goldern question , what will it open at? If it gaps up , im happy, if you drops I can top up .....still happy.
just a matter of patience,
Now if we had a net , we could catch all the trolls in one morning..........Not invested go elsewhere , bet we wont see any of your names next week! GLA LTH
PELSY 81 , just relax , come back next week, you wont be worrying when its relisted
NORTHERN......I agree like flies round ****e. Nothing has changed cant wait for the end of the month. esp with a few RNS dropped in between.
THEY WANT YOUR SHARES SHEEP (GET IT ) DONT GIVEM YOUR SHARES
Dont Know if it will go to a penny? Im expecting that just for a start , after that im easy to sit and relax ,
MR008 is pure comedy, New is imminent cant keep this down for ever , who knows where it will go , but i do know the direction
UP UP AND AWAY
People getting spiked in ARB prob coming back here, FOMO GLA LTHs
probably all the kids online with teams,
funny goings on , im on HL as soon as it dips the site freezes??????? very suspicious
Funny How all these people appear , yet they have sold , Each to their own , doesn't change anything for me Happy to hold here,
Trying to scare people into selling by sowing seeds of doubt.......That ole chestnut,
still a good price to get in ..................
Silly Boy wet his pants , should have waited
Im a mechanic not a clever investor like some , but pleased to see the price stabilise this week , maybe all the day traders have shifted to the blockchain shares.........leaving us LTH, no bad thing , We are blockchain related which is good news , maybe they will be wanting back in fairly soon, Even bought £5k for my daughters Junior ISA, I dont care for all the constant ****e posted here , Its a solid share from my point and when it goes up it will be huge ,GLA LTH
nice end to the day ,
All the trades today have been small, prob small fry like me, I have no desire to sell, this pattern is regular , when it goes up it goes up and we will be waiting patiently, no harm in people taking advantage, just can’t put up with all the **** posts that appear as soon as it drops , clearly not invested so why not fek off and play monopoly, these idiots will say nothing when it rises , just scaring people into selling
Looking at all the trades they are very small, no big numbers through yet, People taking a chance or bed wetting ,
I’m holding , not worth the risk of losing out for a few quid, GLA I’ve done my research.......Happy New Year x
We sit and wait like we have done , better try the horses if you want quick results , you won’t lose until you sell, shares go up and down , nice to see this ticking up at a sensible price , BE PATIENT