$GameStop (GME.US)$ can someone explain to me why rk wouldnt...
$GameStop (GME.US)$ can someone explain to me why rk wouldnt exercise his options at 30..40..50..60? why wait til its almost at 20 when they are worthless? i generally dont know what the logic to that is
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73304337 : With so many empty heads, he can't make a choice
Dyls : If he exercised earlier and the stock tanks. Would reverse the gains as well as premium. Held up the options to create a call wall for us.
JC M : Unless RK will increase his position if it goes down to 21
Rusty Shackleford 1 : If it was all about the money, he would have sold his shares a long time ago and invested it in Nvidia or Meta or Google. This is about how the whole stock market is a scam, and prices are manipulated so the inside people get rich and the outsiders get scraps. If you look at how Congress invests and how much money they make, you might start to understand. He also wants to prove that shorting a stock over and over again using the same shares multiple times is a system that will fail.
joe black8 : cause he's short on his other book, are you guys really that retarded
TacticalYoda joe black8 : There is something very wrong with the whole KG situation.
Ken Griffin Charity : He paid ~$5 for each contract so that would mean he already can’t break even on his calls even if he were to sell now.
As to why he didn’t exercise his calls, he cannot because he doesn’t have the capital to do so, at least for all of them. Doing so would also be extremely stupid since he would just end up paying a small fortune in fees.
And as to why he didn’t SELL his calls, I’m guessing he didn’t do that because 1) he thought he could pump the stock with more memes and become a billionaire 2) he didn’t want to be accused of engaging in a pump and dump 3) he likes all the attention he’s getting and doesn’t want to lose the support of his cultists
5060 : you sound worried
103973469 : Hedgies and Wall Street ramp up stock prices. FOMO from retails kicked in. They see opportunity and bash it down, took all your dumb money. It is that manipulative. RK is trying to prove that the system is failing
Troll Hunter : Ken Griffin charity is a paid shill-cuck.
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