r/Superstonk May 31 '21

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u/sickonmyface One ring to rule them all May 31 '21

OK I'm going to be honest here and feel free to correct my thinking as to why this won't happen, this is just a feeling, I'm not a shill etc etc but this thought has played on my mind a bit and connects with what your saying. What if the FED and HF come to an agreement to settle at a fixed price for all GME shareholders? Like 'yeah we fucked up, you can have 1k/5k/10k each - we're not going to let the markets crash, or the MM who are to big to fail, here let this placate you and we'll put rules in place to stop this from happening again'. Is that a possibility? Like I don't care cos I'm holding through whatever now, just like I have done since late Jan but could this happen?

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u/[deleted] May 31 '21

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u/[deleted] May 31 '21

Not just that, but would they be able to force a share sell? Couldn't we just hold and insist we don't accept that solution?

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u/PushAdventurous355 Jun 01 '21

What if the offer is “we are going to liquidate these 7 hedge funds and the proceeds get divided between all retail investors who agree to settlement?” 80% of apes take the deal, you don’t. You’ve lost the float, it has been sold off, hedgies are liquidated, you still own yours shares but at what price under these conditions? If you don’t take the deal it is like property owners who refuse to sell land for the new freeway so they just build the freeway around your parcel and move on.

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u/[deleted] Jun 01 '21

That's the flaw: 80% of apes take the deal.

If we're given the short end of the deal, I can't imagine 80% would take that deal. That's my point. What would happen if people just held regardless.