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/biz/ - Business & Finance

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>> No.30267156 [View]
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30267156

>>30265079
2040 well be our year fren

>> No.28314384 [View]
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28314384

>>28313992

>> No.26709537 [View]
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26709537

So let me get this absolutely straight, /biz/

>hedgies shorted GameStop for 130% of their current total equity
>they need to buy those stocks for real by this Friday
>r/WSB noticed this and started banging the money hammer
>GME explodes w/ retail investors
>Wall Street is panicking

Is there any way someone who buys in before Friday *doesn’t* profit? The hedgies are *legally required* to purchase more GME than currently exists, right? Theoretically there’s no ceiling because they *need* to buy it from you right?

I bought 1.93 shares at $310 this morning. It’s my first stock so I’m very excited. What I’m worried about is Schlomo changing the laws from now to Friday, or something of that nature. Barring that, how do we lose?

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