Quote:
Originally Posted by monkeymcgee
I reopened a smaller position in GME at $300 after the short interest drop never really materialized. I’ll hold this until that changes significantly. As you said, another chaotic opening in store for us today.
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It’s going to suck for anybody who shorted this when all the calls end ITM tomorrow. Just a tighter squeeze should people exercise as they take more shares out of the pool.
Supply vs Demand is undefeated and as of right now there is a base level of a GUARANTEED ~140% demand for the stock at any price.
Until that drops, the price will go higher day by day.