Can someone explain to me like the retard I am what "Short% of Free Float" means and what its implications are? I.e. why do we care that Short% of Free float is 168% for GME
what the fuck is going to happen to tech tomorrow? stimulus talks allegedly happened but obviously nothing happened, when is that fucking news coming out?
Isn't this the one from a while back? Is this new?
Leo Hughes
Asked and answered 100000 times in previous threads, either buy like smart people or stay impoverished.
MORE SHARES SHORTED THAN SHARES THAT EVEN EXIST, MEANING WHEN KIKES COVER IT GOES TO THE MOON. KIKES ARE INCENTIVIZED TO COVER IF THEY BELIEVE THAT GME WILL CONTINUE TO DO WELL, MAKING THEIR OUTRAGEOUS SHORT POSITIONS LOSE THEM MORE AND MORE MONEY UNTIL THEY FINALLY COVER.
Michael Sanders
More accurately, and probably more meaningful; support borked. Technical drop.
Parker James
What just happened to Berkshire?
John Cruz
I'm going in on crsr on Friday. Easy double money by Christmas
Well the good news with all the virus case surges is it keeps me "semi retired" longer.. Getting paid my full 40hr weekly salary to just come in maybe 4 hrs whenever they need me then go home and sit on my ass. On total off days I still get paid to just sit on my ass.. Fucking loving it..
Dylan Smith
I bought in at the dip at 1325 80.96. I slept in this morning anticipating a big ol SPY drop to 333, a bit disappointed it didn't happen. But im also in on UPS and MSFT for earnings this.
170% of GMEs free float is shorted. Which means people have shorted more than they can even buy free floating stocks. In case the price rises and people are forced to cover these shorts they will have to buy at any price and even then it could not be enough to cover. A short squeeze. Meh. It's fine. All my short puts are due in late November. I might as well not look till then. Earnings are more important I think.
Jace Price
vtubers is a business though
girls are hired by a company and they send her the motion capture, show her how to use it and so forth. then the company provides her with the avatar. they own the avatar.
i'm sure that if the girl quits they will just try to keep the avatar going with a different girl, which will only get easier and easier as AI makes faking voices easier and easier
I don't think anyone knows what will happen day to day, but as I've been saying since august 28, until TQQQ hits (currently the level is this, it's recomputed daily) ~90, we are not entering a robust uptrend (robust is measured in time rather than magnitude).
So, shorts think they can cover because of volume, but we also know that most of that volume is HFTs swapping shares back and forth. There's only single digit millions of shares actually on the market.
Can someone do something weird for me real quick? If you look through the bid ask spread, how many real shares are actually FOR SALE? I bet it's less than ten million.
Thanks man for the explanation man. > shorts they will have to buy at any price and even then it could not be enough to cover. A short squeeze. How do people having to cover their shorts at any price result in a short squeeze?
Dylan Adams
based on what? what is that level? what catalyst do you see to cause another long term downtrend to that level?
Juan Harris
Can someone please redpill me on Overstock? Is this chart real? If it was why weren’t people freaking out about it like they did for Tesla? Did this really go up 50x?
Elijah Gomez
If a squeeze happens GME has a good chance of smashing $100 at this point. And a squeeze will happen as long as GME continues to provide good news.
Xavier Bailey
public float is 48 million for GME there are 70 million shares short, more than the float that exist if hypothetically all 70 million shares are called back simultaneously by the lenders, they owe more than exist and it could get really ugly for the last few shorts that have to cover
don't be baited by """free money, infinite short squeeze potential""", the high short interest doesn't matter until GME can get back to making a profit by Q3 or Q4, and even then it's going to be a slow short squeeze since institutions can afford to cover at their own pace also it's not in gamestop's favor to incite a short squeeze, so I doubt they would call a massive shareholder vote right now or continue with share e buybacks
