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Read this with an open mind. It’s not too late for you.
Anyone who has ever worked with a broker before knows that they do not give you leeway. If your short position is significantly underwater, you have to post more collateral immediately or they’ll close the position for you at a loss.
So it is absolutely absurd to think that the people shorting GME before Jan2021 have still not covered. Not only have they covered, but they covered in Jan2021. The short squeeze already happened. Also, if “apes” own the float, who is selling the multiple millions of shares in everyday’s daily volume?
Furthermore, any shorts who opened a position after Jan2021 are now profitable. The stock price is in terminal decline. You are not beating them. They are taking the other end of your trades and laughing all the way to the bank.
It is absolutely absurd to think that market makers care enough to manipulate fucking GameStop stock. And why would they pick a stock that is subject to so much public scrutiny? They could just as easily manipulate some smallcap no one has ever heard of. When you factor in the fact that shorts have already covered, no one has any motive to manipulate this stock.
Let’s not even get started on the means through which they manipulate the stock. Multiple hedge funds would have to be colluding, which itself is absurd. Finance is a cut throat industry. And don’t say “algos” because that’s the dumbest shit you could possibly say.
Blame yourself for your poor investing choices. Not the illuminati.
Sure they have a lot of cash from issuing equity at absurd valuations. They left you holding the bag on all that equity btw, and now the price will never go that high again. Do you really think the executives are on your side?
GameStop is a dying brick and mortar that joined the e-commerce game way too late. Also, idk about you, but me and everyone I know buys video games straight from their console’s online shop. It’s 2022, nobody got time to drag ass all the way to a mall or to wait multiple days for a shipment to arrive. I download that shit directly baby.
Instead of watching GME flounder downwards for the past year. Instead of clinging to conspiracy theories and denial. Instead of joining a cult.
You could have just bought and held ANY NUMBER of other companies and made money. Instead you’ve lost money. Idk what to say man. Just reconsider.
Haven’t you waited long enough to realize that everyone in the GME cult is full of shit?
Positions: literally anything else