Previously on “Jew Bankers and Their Dirty Swindles”: Times of Israel Explains “The Jewish Angles” on the GameStop Stock Situation
After going down and then up, GME stock closed at around $90 last night, and now is listed as at exactly $90.
I heard Bloomberg News claim that “the reddit rumble is out of the way.”
However, we should note that this is multiples higher than the stock has ever been in the company’s history, and it is well within the range of the kind of situation where it could go back up. It probably won’t, but it’s within the realm of possibility.
The shorts apparently still hold a good amount of it. According to the media, which I assume is checking this (it’s public data), half of the shorts are out.
“Are the remaining shorts now making back some of their losses? Absolutely,” said Ihor Dusaniwsky, managing director of predictive analytics at S3.
But a number of short investors have already covered their bets. The number of GameStop shares shorted fell to 26.09 million, about 1 million less than a day earlier and down more than half in about a week, according to S3. “It’s kind of hard to win when you’ve already lost half your troops,” Dusaniwsky said. “We have had a lot of shorts take their losses and walk away from the trade.”
Melvin Capital, the hedge fund at the center of the GameStop drama, lost 53% in January, while Maplelane Capital, another fund that bet against GameStop, had lost roughly 45% in January.
The remaining shorts likely include those who have been betting against the stock for a while and have had an “iron stomach” as the stock soared and “momentum shorts” who have jumped into the trade more recently as the stock price showed weakness, Dusaniwsky said.
I hope people were responsible and made or will make money. There is still a kind of “waiting for the other to blink” situation going on, but it seems the stakes are much lower, and there is less of a threat of it spinning completely out of control and going up to $1000.
But I have no idea. I haven’t been super deep into the forums on this issue. So I just know what the media is saying. You should do whatever the leaders in your community are telling you to do, so if you’re in with r/WallStreetBets and decided to stay for the long haul with money you don’t need, then definitely stay for the long haul.
The important thing to remember about all of this is that JEW banksters abused BLACK investors.
Remember to inform BLACK people that virtually everyone on r/WSB was BLACK and they were taken advantage of by JEWS.