/biz/ - Business & Finance

>>30229980
Institutions aren't doing all this to orchestrate a series of gamma squeezes or delta squeezes. They want the short squeeze. VW squeeze made VW the most valuable company in the world, and that was peanuts compared to this. 29k would get GME to Apple's market cap. Market cap doesn't account for synthetic shares (~150 million), so the price that would equal Apple's market cap with those included is approximately 13k. Keeping in mind that this is unfolding on a much larger scale than the VW squeeze, I'd say 13k-29k is the MINIMUM potential range. These prices definitely wouldn't crash the financial system as we know it: note how I said 29k would get GME to Apple's market cap. Institutions may not be willing to bring about the end of capitalism, but they're definitely willing to crash the market (and bankrupt their competitors) in the process. This is an unprecedented, once-in-a-lifetime market aberration/singularity. I legitimately think that—after this moons—there will be a rash of suicides from people who either sold at a huge loss after FOMOing in at high prices in January or simply chose not to get in on this. I am a digital cowboy. A stock market pimp. Only 19, but this feels like a dream. Godspeed.