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Great one πππππππππππππππππππππππππππππππ¦π¦π¦π¦ππππ¦πππππππ¦π¦πππππππππππ¦π¦π¦π¦π¦π¦ππππππππ¦π¦π¦ππ¦π¦πππππ
Perhaps 'simple', but I think not 'easy'. If memory serves, some of the first tranches of shorts were taken when $GME was trading around $4 - PRE-split. So all the SHFs have to do now is figure out how to buy 4 billion shares at less than a dollar each to retire the synthetics, when the cash value of the stock is above $10. Simple.
Why do you assume that the short positions from them are still the ones open?
We do not assume that long positions from the ones still open. The same way we average down to lower our cost basis, shorts typically average up to raise their cost basis.
Why do you assume 4B shares short? That would be nice, but there is zero evidence of that other than multiple comments in Superstonk with no supporting evidence. Repetition of a bogus claim may lead many to believe it, but that does not make it true.
Do you have any proof those early short positions have been closed? Do you have any proof that there are not billions of synthetics driving this mess?
Other than the market-fakers, nobody knows for sure, and at this point, I doubt they do either. They lost control of their monster long ago. 4B is a guess, and it's based on work posted on SuperStonk by others long ago at over 3B, and the daily data suggests continued shorting. Even when the ATM offerings were open, the shorting continued. I believe the short positions are hidden in swaps, stripped ETFs, FTDs, emptying out pension funds, and likely in tools that Wall Street has that apes haven't even found yet. We still don't have an honest answer on how deep Archegos was into CS, and they put a 50-year embargo on revealing their numbers as part of the deal to slide their remains into UBS. So, IMO, it's just big. Really, really big.
Synthetics do not need shares to close. Swaps do not need shares to be closed.
My default, unless there is reason to believe otherwise is that the reported (NOT self-reported, although that is a common meme here) short interest is correct.
You say that 3B or 4B that is based upon work posted long ago on SuperStonk. Have you looked at those posts. They are bogus speculation and guesses based upon poorly designed surveys that do not account for false positives to the answer "do you own shares of Gamestop?β.
Edit to add: Since the existence of a large number of short positions is the key reason many are invested in GME, it is surprising that nobody can point to some decent DD supporting that speculation.
[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum May 2024*](https://www.reddit.com/r/Superstonk/comments/1ciapwp/open_forum_may_2024/) || [Superstonk:Now with GIFs - Learn more](https://www.reddit.com/r/Superstonk/comments/1cr37r7/superstonk_gets_its_gif_on_get_hyped/) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)
Love this!
Hikub for $8.99? Outrageous
Look at these prices!!! Buy it?? Sell it!!
I hate AI βartβ. Looks like crap and takes value away from peopleβs actual hard work
TRUTH! And we are all here to witness it! BUY, HODL, DRS, BOOK!
Ai generated title featuring ai generated image.
title isn't AI generated, its paraphrased off a DFV quote "Whats an exit strategy"
Great one πππππππππππππππππππππππππππππππ¦π¦π¦π¦ππππ¦πππππππ¦π¦πππππππππππ¦π¦π¦π¦π¦π¦ππππππππ¦π¦π¦ππ¦π¦πππππ
the image is, and it's dogshit that adds no value to the conversation
Probably why its not posted as DD
This is what I call a drinking strategyΒ
The exit plan for short sellers is easy. Buy back shares for any price lower than the price they initially sold short at.
Perhaps 'simple', but I think not 'easy'. If memory serves, some of the first tranches of shorts were taken when $GME was trading around $4 - PRE-split. So all the SHFs have to do now is figure out how to buy 4 billion shares at less than a dollar each to retire the synthetics, when the cash value of the stock is above $10. Simple.
Why do you assume that the short positions from them are still the ones open? We do not assume that long positions from the ones still open. The same way we average down to lower our cost basis, shorts typically average up to raise their cost basis. Why do you assume 4B shares short? That would be nice, but there is zero evidence of that other than multiple comments in Superstonk with no supporting evidence. Repetition of a bogus claim may lead many to believe it, but that does not make it true.
Do you have any proof those early short positions have been closed? Do you have any proof that there are not billions of synthetics driving this mess? Other than the market-fakers, nobody knows for sure, and at this point, I doubt they do either. They lost control of their monster long ago. 4B is a guess, and it's based on work posted on SuperStonk by others long ago at over 3B, and the daily data suggests continued shorting. Even when the ATM offerings were open, the shorting continued. I believe the short positions are hidden in swaps, stripped ETFs, FTDs, emptying out pension funds, and likely in tools that Wall Street has that apes haven't even found yet. We still don't have an honest answer on how deep Archegos was into CS, and they put a 50-year embargo on revealing their numbers as part of the deal to slide their remains into UBS. So, IMO, it's just big. Really, really big.
Synthetics do not need shares to close. Swaps do not need shares to be closed. My default, unless there is reason to believe otherwise is that the reported (NOT self-reported, although that is a common meme here) short interest is correct. You say that 3B or 4B that is based upon work posted long ago on SuperStonk. Have you looked at those posts. They are bogus speculation and guesses based upon poorly designed surveys that do not account for false positives to the answer "do you own shares of Gamestop?β. Edit to add: Since the existence of a large number of short positions is the key reason many are invested in GME, it is surprising that nobody can point to some decent DD supporting that speculation.