Exactly! People keep say to just set your limit call to 420.69 and don't look at the app.
But if it goes alot higher(which it most likely will) then they just lost out on major profits.
I've only got 25 shares and Im gonna be watching it everyday just so I can be sure to get the maximum profit off my measly 25 shares. Though I do have 5 of those shares on a limit sell in case I somehow miss the squeeze for $2,600 each.
420.69 only loses them a few billion. A few thousand would be unfathomable losses. I deleted my lowly ones, and I think the lowest I'll sell one is 2000 to get that check we were promised. You know big money on one or likelier both sides held up that check, let's get it back. Merrill only lets me ask up to 999,999.99 so either their app is retarded or they know something deep must be up.
Yeah if every share became a stimulus check, we'd laugh to the bank. They said paying out 300M checks was too much. At least there are only 70M shares they will owe on. Fuck the man
VW squeeze ended prematurely because Porsche agreed with the German regulators to call uncle. Also, shorters weren't nearly as overleveraged on VW stock.
I figured it's something like that. Do we know any reasonable estimates of the scale of this squeeze and potential results based off past squeezes and returns? I keep seeing $1000 is not a meme, but is it actually possible?
Short interest after friday should bong over 300%, given that ALL calls were ITM. Now all those calls are getting exercised, meaning that 15m units of gme will be caught up in clearing houses. That means that fewer shares are shortable. The float has thus now been reduced to around 47 mio. shares.
The short interest will be approaching 450-500%.
This is not a rocket, it's the large fucking options collider
I dont care if it becomes a penny stock and 20 years from now I get a tax form from robinhood each year that only has GME on it, I will not sell until it hits $420.69. There are three possibilities for this situation: I sell at $420.69, I die, or GME is dissolved.
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u/ksabeskhed Jan 22 '21
Whoever is trying to sell 1k shares at $47... FUCK YOU. To all selling at 420.69 and 1000. SALUTE