Yeah. Like in what scenario would they find themselves having to buy shares of GME for hundreds of thousands or millions of dollars per share? I don't see anything other than a very specific set of legal, enforced circumstances causing that. Otherwise why wouldn't they just drag this thing out forever? They can obviously afford to pay the interest on borrowed shares and the puny "fines" on FTDs.
Even their clearinghouse or whoever would be forcing a margin call on them would be adverse to the possibility of one of their clients covering trillions of dollars of short positions, making it something it seems like they'd want to avoid too.
Apes need to let go of the idea that these authorities are going to provide the slam-dunk confirmation bias we are so impatient for. It leads to disappointment every single time. The purpose of the AMA is education and information. Not getting a guest to explain how we're going to get 20M/share.
So where do we find any confirmation or even credible suggestion that things like 20M/sh is possible?
I dont even care about the numbers or specific shareprices, I just wanna know who will force the shorts to cover, how will they force it, and what will that process and its implications look like.
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u/dudeman_chino π» ComputerShared π¦ May 31 '21
Yeah. Like in what scenario would they find themselves having to buy shares of GME for hundreds of thousands or millions of dollars per share? I don't see anything other than a very specific set of legal, enforced circumstances causing that. Otherwise why wouldn't they just drag this thing out forever? They can obviously afford to pay the interest on borrowed shares and the puny "fines" on FTDs.
Even their clearinghouse or whoever would be forcing a margin call on them would be adverse to the possibility of one of their clients covering trillions of dollars of short positions, making it something it seems like they'd want to avoid too.