Something else to consider.
$GameStop (GME.US)$ Put options will be plentiful and cost to borrow will be low. They will be looking very enticing to some, Hedges are gonna be trying to cut their losses and guess who's holding the bag. Not me LOL
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🎵🎶I can hear the music with no fear. You can hear it too, if you're sincere!🎵🎶 It's all part of the plan!
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ElusiveTrader : oh so u work for Black rock now?![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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Chronic Line Stepper OP : nope, just makes me aware
Chronic Line Stepper OP ElusiveTrader : If you were a hedgefund and you knew you were going to take a beating. What would you do to try and absorb the loss. Pass the cost around. You get a margin call, and you get a margin call, and so on and so on.
ElusiveTrader Chronic Line Stepper OP : if I was a hedge fund I could would keep pumping a security to unimaginable heights while creating euphoria so fomoers and gamblers flock to it and pump my valuation up then I dump them
Chronic Line Stepper OP ElusiveTrader : That's been the path, but what happens when you're a thousand percent short and price goes up. Shorts never closed!