/biz/ - Business & Finance

Status of GME 1/26. Why buying GME shares is a great idea.

Elon Musk has been tweeting about GME. That brings TSLA buyers in, and a huge amount of wealth. What you saw in aftermarket was a glimpse of TSLA buyers.

Wednesday will rally. Thursday will rally. Friday will be even crazier. The $115 and $200 calls are very likely to expire ITM on Friday 1/29. Maybe even the newer 320 calls. This will trigger a gamma squeeze on Monday 2/1. Similar to the gamma squeeze of Monday 1/25!

Shorts lost $5B today 1/26 alone. Shares to borrow are rapidly tanking. Fees increasing. They are on their last rope. Older shorts are about to cover. Newer shorts probably just shit their pants. Melvin lost its $2.75B investment from yesterday (retards). Rumors of Melvin considering bankruptcy ahead of the short squeeze coming up -- they are about to lose their whole fund with the cover.

Again, the gamma squeeze happening on Monday 2/1. It's absolutely happening. Basically, this will force Market Makers to buy more shares of GME in order to cover for the 115$ and 200$ calls. More shares they buy, the less shares available to short. Meaning? SHORT SQUEEZE.

Short squeeze is on the near horizon. Could be this week/Friday. Next week. Or the week after. But the shorts are on their total last leg. Today was bloody for them.

So! Those 200c 2/19 calls look very yummy right about now. 320 calls are being released tomorrow as well. Just my opinion here.
tl;dr:
1. BUY SHARES WITH CASH. TURN OFF SHARE BORROWING.
2. DIAMOND-HANDS ALL THE WAY

This is shit bait but /biz/ is going to fall for it anyways

HERE COMES DONALDO PUMPERINO!

>>18418062
>california
>unironic cucks
what a shock look this is my shocked face

>>18142418
>Better
How could we possibly do better than Trump?

>>17719924
Thursday will be a temporary bottom before
1. More quarantine in America
2. Q1 earning calls
3. A bank (probably Deutsche) busts

>providing relief to individuals for liquidity
UBI CONFIRMED!! TRUMPBUX 2020