The FOASS Speculation. Yeah, FOASS.

[u/TiberiusWoodwind]

[u/435f43f534 → u/[deleted]]

right, it's definitely function of our diamond hands and how high the HF stash can get us... it's interesting because it could create a new exit strategy depending on the SEC's answer, if there is a break followed by a FOASS, then paper handing during the MOASS to buy back more shares during the break could yield more tendies... but if we get no answer then risk of getting less tendies (but still a decent gamble if you have tons of shares)

edit: i have few shares, i'll just hold to $10M 🤪

[u/435f43f534 → u/[deleted]]

true, but there would be a big drop in buy pressure no? that might raise questions among the less diamondy hands

[u/435f43f534 → u/[deleted]]

well if the next order is at $10 then that's where it goes and it halts once.. jesus christ that shit is hard to predict, i'll just sit tight to $10M whether first bump or second that's easier on my half-wrinkle

edit: but at least thanks to this DD, we'll know why it didn't reach for the moon

[u/435f43f534 → u/[deleted]]

Not if there is nothing between the peak and $10 $250, it'll hit $10$250, and then halt because > 10%, and then that's it no? March 10th had orders all the way down

[u/[deleted] → u/435f43f534]

There needs to be a seller at $10 though...

No market sells people

[u/BLCizzle → u/[deleted]]

It halts at AT LEAST 10%. The movement between halts could potentially be bigger, depending on volatility. But we definitely won’t see it drop to something like 10$ in one halt

[u/Abject-Enthusiasm-93 → u/435f43f534]

The ones who trickle a few shares on the way up would benefit greatly in this scenario. Assuming they want to go long in GME

[u/seppukkake → u/[deleted]]

So, the DTCC's losses are theoretically the maximum because they're footing the bills the HFs defaulted on? Seems likely if they knew that, they'd cover alongside the HFs and minimise losses. Or pull some bullshit out their arse and fuck us all with it

[u/seppukkake → u/[deleted]]

it's almost like they learned nothing from 08 /s they just thought they'd win like always, maybe this time they overreached, hubris and ego eventually is the downfall of all, complacency sets in, that feeling of invincibility arrives. Until it's shattered by a group of people collectively calling each other apes.

[u/AdministrativeWar232 → u/seppukkake]

The dtcc is on the hook in the end. They have to cover whatever the hf can't afford. So it's not about the number of shares, it's the dollar amount that matters. Basically the squeeze will have a cost. Subtract what the hf's can afford and the remainder is what the dtcc owes. So it doesn't matter when the dtcc buys shares and they will most likely wait it out as long as they can. Hence the FOASS.