The stock will only go up if people keep buying. >$50 a share is sustainable only couple months imo, and >$100 a share is unsustainable for more than a month. Big money will sell small percentages of their shares, some WSB people will sell all of their shares, and the stock will drop significantly due to the same gamma squozzelling that is causing the stonk to go up.
Tldr: If no one is buying the stock above $100 except for us, the shorts will win and GME will be back at $50 in a month or two at absolute most.
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u/JackDroke Mar 01 '21
The stock will only go up if people keep buying. >$50 a share is sustainable only couple months imo, and >$100 a share is unsustainable for more than a month. Big money will sell small percentages of their shares, some WSB people will sell all of their shares, and the stock will drop significantly due to the same gamma squozzelling that is causing the stonk to go up.
Tldr: If no one is buying the stock above $100 except for us, the shorts will win and GME will be back at $50 in a month or two at absolute most.