/biz/ - Business & Finance

>>27654586

>Not financial advice etc take your own risks form your own opinions

>if you aren't in you'll regret it tomorrow

It could be anytime this month really, the window will be narrow, within even just an hour maybe
That's the truly exhausting part of this, always being on the trigger. At least in my case; I jumped ship from Robinhood to Fidelity, but Fidelity doesn't let you Buy/Sell over 50% of the last traded value, can't set some value I can sit on like $5k.
Hedges are doing a good job at getting paperhand fuckwits to buy in at a high price, shake the shares out of their hands when making the price drop a little and trigger people's "get out while ahead" sell limits in chain reactions. They're trying to bleed off as much pressure as possible before it can't be controlled and the price explodes.

I wager they're trying to forestall it in any way possible until the 18th, that's when US Congress is having a hearing about it, and there are likely many members of the House and Senate tied up in this money through lobbying and corporate interests. This whole event is really going to highlight the financial corruption of the US government in the highest places, and there may be fuck all we can do it.
Our only hope is that the revolving door of paperhand idiots joining on hype, and then dropping their shares to hedges when they tuck tail, slows down enough that the squeeze pops before Congress talks.
If it goes into the territory of time where Congress can actually take measurable action on it, who knows what could happen. However that is also a danger for the hedges, because it could again be another avenue where Congress decides "Yeah, this is a good opportunity to get Wallstreet a little more under control."

How many members of US Congress do you think would be found to have a conflict of interest with investigating the GME Short Squeeze?
How do we know that the people deciding how the law handles this won't have something to gain from its success or failure?
They're meeting to discuss Gamestop tomorrow, right?