My RK thesis
$GameStop(GME.US$ As a follower of this meme mania I see something developing that I think most are missing. What is RKs plan of attack being everything is cryptic?
Should I freak out if he sells all 120K options? No. As long as they are in the money, if Fluffy Bunny buys them and has the money to exercise all them, that's all that matters. RK makes a little bit for creating the situation.
Now if he does sell and buys say another 120K calls a few weeks out at say $25-30 and those go into the money, he could do it again. At some point creating enough capital to exercise more later.
He avoids market manipulation charges this way versus this being a one and done thing and the DOJ for sure seizing his assets and he goes on trial praying a jury of 12 finds him not guilty. He kills the meme mania this way as well.
When should you worry? If he sells his options AND his already 5M shares, then he's cashing out. Only then should you be hitting that sell button.
RK is not a dumb man even if the movie was called Dumb money. This is history in the making. For once the sequel will be better than the original.
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Tanner Mosher : Couldn’t be said better!
10baggerbamm : that's actually very well written and I like the fact the sequel is going to be better than the original very creative kudos
10baggerbamm 10baggerbamm : and let me tell you something I'm watching right now for the first time ever dumb money on Amazon I paid $2.99 to watch it how stupid am I I probably could have found it online for free. I'm probably going to get so empowered so revved up and I'm going to do something stupid because I told everybody I put an order in a 22 for 10,000 shares to buy.. I may have to raise the price after watching this movie.... God help me because I criticize somebody earlier this morning or was it yesterday I don't remember I sleep like 4 hours a night everything else is all consuming in the market anyways I criticize somebody my bad my apology because he took investment advice and bought the stonk after watching this movie...