/biz/ - Business & Finance

Lads let's have an honest GME discussion thread. No reddit niggers, no jews, no meme fags - just an actual financial market discussion on GME.

Here is how I see the situation:
- Shorts allow current holders to drive the price low
- Hits 40, fluctuates but no sign of going lower
- Shorts close positions driving prices to 90
- Reddit/chan/FOMO buys in driving AH to 180

The rational take from my part is that the funds will now hold out until the price crashes down again, keep in mind to move GME from 40 to 90 would take a lot of volume so most of their positions have likely been cleared.

BUT.

What if they haven't, and let's say half of the boom today was retail. What are the odds of that? What are the realistic odds it goes any further. I think the odds are low but there's definitely potential.