/biz/ - Business & Finance

>February 4th, I am forgotten...

IT IS CRASHING LMAOOOO

YOU FUCKING STUPID FAGGOTS WHO BOUGHT THIS ARE GOING POOR REDDITORS GOING BANKRUPT

IT IS OVER

Friendly reminder that hedgies had time to prepare, so there will be no squeeze. It would hurt the market and economy. The funds have probably exchanged $ 20 shorts for higher ones already. Consequently, they have removed the risk that brokers will liquidate their positions. Unless the price jumps x3 again. But why would it?
Shorts do not expire and can wait. They pay for borrowing, but the price has also dropped from 80% to 28%. Holding shorts costs but not as much as squeeze.
Last week there was a gamma-squeeze because all the call options were ITM and no one expected it. This week they are getting ready. Nothing happened on Friday. The original WSB team that bought under $ 20 would earn maybe even x15 or x20. Some more if they bought call options. Those who entered over $ 200 will be lucky to earn anything.
Politics is already involved, so they'll sort it out somehow. And despite politicians' declarations, it will not be very beneficial for retail investors. They will shake their finger at the funds, give them $ 100,000 penalties and that's it.