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27042431 No.27042431 [Reply] [Original]

There have been posts about short-sellers; why do they need to close their position? Can't they hold out until the price goes down? They can indeed do that, but they have to pay to borrow those shares, what ARE they paying to not close?

FAQ on selling short shares.
https://ibkr.info/article/1146

Rough calculations based on the current price of GME.
There's an approximate 32~% on GME short Borrow Fee Rate, assuming 60million shares being shorted everyday.
60,000,000 shares X $300/share = $18 billion dollars are being borrowed for shorting.
$18 Billion * 32% / 360 days in year = $16 million dollars a day (trading day or not)

The money that they have tied to margin on the short cannot be used elsewhere. If they could have been making 5% somewhere else, they are effectively paying 37% to short GME stock.
>when will the squeeze happen?
The better question is WHY the squeeze will happen. At some point, these hedge funds are going to need that money for something else. They are losing ~16mill/day. That is assuming the price does not go up. If it goes up any more, they are losing more on interest.

The other problem for them is what happens when they cannot borrow shares anymore. If any of us decide they want to sell, and the brokerage has to get the stock back from the short-seller. The short-seller has to go to the market and buy for whatever price is available. In a way, we have control over what price they are forced to buy at. If the liquidity in the market disappears, you can set your price to be $1488.69, and they have to pay it. Holding the stock, you are squeezing hedge funds and market makers for as long as there is no liquidity for GME stock.
>we can stay retarded longer than they can stay solvent
There are many battles before you can win the war.

>> No.27042898

>>27042431
BUMP

>> No.27042959

>>27042431
bump

>> No.27043253

>>27042431
based op for providing good info, hopefully doubters get BTFO'd

>> No.27043546
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27043546

selfish bump

>> No.27043604

Nice man, good shit.

However, retards are likely not going to read this and instead go to the Money Cat thread.

>> No.27044049
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27044049

>Gamstap? Dog what now? What a load of malarkey
>I'll tell you what, Mr. Goldberg, I'll waive your uh, shots? Shorts. Just make sure you play smarter next time ole sport

>> No.27044233

>>27042431
is 16 mill a day a significant amount for them tho *thinkingemoji*

>> No.27044238

So how long is it till hedgefunds run out of liquidity? We are pretty retarded, but if handgefunds keep getting g 2.9 billion dollar 'liquidity injections' they can hold for a pretty long time

>> No.27044462

>>27042431
People are trying to say that short contracts are coming due today. Is that total bullshit?

>> No.27044539

>>27044049
>the gamersstock malarky needs to STOP!
>non-sequitor story
>1000 island stare into the distance
>"where's barack?"

>> No.27044561

>>27044238
SEC seems like they're not going to give a shit about the hedgies f o r n o w, so im assuming they're bound to get assfucked

>> No.27044685

People are discounting the call options that will be exercised as well.

The shares aren't there to cover them

>> No.27044720

>>27044462
Short contracts end friday but its likely that its going to last for several days, so hold if you have GME stock its not a one day thing

>> No.27044750

>>27044049
>C'mon man, just make sure you play smarter next time
ftfy

>> No.27044837

>>27044462
There were a bunch of calls that are expiring today. The squeeze is till here, GME is still being shorted to ungodly amounts. It's a game of who blinks first now.

>we can stay retarded longer than they can stay solvent

>> No.27044885

Here.

https://isthesqueezesquoze.com/

>> No.27044986

>>27044233

That's nothing, but somebody can make money buying and selling the dip and rise over and over?

I can't believe it but Reddit created a money tree for the little guy.

>> No.27045005

>>27044462
Forgot the link.
https://financhill.com/most-heavily-shorted-stocks-today

>> No.27045008

>>27042431
Interest, fren. Interest. If they dont close, we hit em right where it hurts - in the bank account and the credit scores.

>> No.27045106

>>27042431
>1488.69
This anon fucks

>> No.27045224

>>27042431
Based
Fucking hold you inbreds

>> No.27045379

>>27042431
>If the liquidity in the market disappears, you can set your price to be $1488.69, and they have to pay it. Holding the stock, you are squeezing hedge funds and market makers for as long as there is no liquidity for GME stock.
To clarify, they don't need to buy your shares. They can buy shares over and over again. In all likelihood if they cover their short position and return the shares, the people who got the shares would be happy to sell them back again so they can be used for the next set of short positions. So a bunch of shares could be used multiple times to cover the short interest.

>> No.27045655

people are posting a screenshot showing that an order selling GME for 2600 went through.

>> No.27045917
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27045917

>>27045655
Assuming it's real it indicates an actual liquidity issue which means we're starting to win the smaller battles. They're in the corner, now we make them stay there.

>> No.27045995

>you can set your price to be $1488.69

How does this work on Fidelity, where you can't set the price higher than 50% its current price? Why the fuck does that restriction even exist?

>> No.27046022
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27046022

>>27045655
please link

>> No.27046624
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27046624

>>27042431
boomp

>> No.27046706

>>27045995
It's a meme line. The point is the longer we stay retarded the more control over the market price we have.

>> No.27047209

>>27042431
BUMP.

>> No.27047559

>>27042431
>>we can stay retarded longer than they can stay solvent
what a great line

>> No.27048127
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27048127

Ladder attack hold and buy dip.

>> No.27048667
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27048667

Anyone shilling retail to fold needs the rope. This is thier game and you need to put fear aside. This whole acting like little people are the greedy ones is a trick.

>> No.27048793

>$1488.69

fuck that my price is $1488420.69

>> No.27048924

Unfortunately I have nothing in this game as I am showing up late and not positioned. 3 trade day hold on deposits remaining.

>> No.27049068

>>27043253
>>27044539
>>27045224
>>27047209
>>27048127
>>27048667
Thank you for the bumps anon. It's important for people to be informed on what's happening with their money/GME.

>> No.27049259

>>27044049
>"Mr.President you're talking into the tv remote again"

>> No.27049382

>>27049068
Think about me when you own the world anon. I'll be in the breadline come June.

>> No.27049421
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27049421

>>27044885
Do I need to sign up for one of those subscription sites, because the third link on there says it's at 16%. Is that not the percentage of shares shorted? Is it just old? Where can I see live updates on what the ratio of shorts are?

>> No.27049561

>>27042431
>>27042431
>>27042431
>>27042431

Newfags read this. It's why they can't hold indefinitely

We stay retarded longer than they stay solvent

>> No.27050141
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27050141

>>27049382
Maybe this isn't your boat but if you keep looking I'm sure you'll find yours.

>>27049421
https://financhill.com/most-heavily-shorted-stocks-today

>> No.27050238

>>27049421
Its different for every app but the numbers to do the math are there.

>> No.27050965

>>27050141
Just late to the party and I'm skiddish about large risky commitments. I blame my ex-wife of 14 years. Waiting on my deposits to clear....this event isn't ending overnight and the more hurt put on my GME hold is going to boost everything else shorted due to liquidity.

>> No.27052164

>>27050141
What's that meme referring to? That doesn't describe the short position of most (they don't need to buy it back in any timeframe as long as they have equity to ride it out). Naked puts would be in that situation.

>> No.27052588

>>27044837

That's a pretty good quote, anon.

>> No.27052605

>>27044986
Holy shit.
If they dont close the shorts, we could buy a borrowed stock on every short attack dip and then sell on the rise...and you're right. As long as we stay with >100% shares shorted, thats infinite fucking money.

>> No.27052651

>>27052164
Yeah it's not accurate, I just clicked on one in my GME meme folder.

>> No.27052982

>>27042431
when are we supposed to sell

>> No.27053090

>>27048127
Same thing as yesterday.

>> No.27053131
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27053131

bump

>> No.27053298

>>27052982
the top niggr this looks like the top to you?

>> No.27053413

>>27052982
when they give our foreskins back

>> No.27053452

275 HAHAHAHAHAHAHA

>> No.27053893
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27053893

>>27052982
I'm not going to tell you when to sell, I don't know what your risk tolerance is. That's entirely up to you. I made this thread to keep anons informed, there's been a lot of misinformation and confusion going around. I can tell you the squeeze is not upon us but is in our future, likely next week as they are main vein artery bleeding money right now.

>>27053452
Anon, there's no reason to be salty over not being a part of this. There's still another chair for you at the kiddie table.

>> No.27054507

>>27045655
that was a partial share trade glitch, they went for whatever was asked, one sold for 5k

>> No.27055627
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27055627

>>27044462

Yes, it's disinfo by the shorties. Hold till next week, they have to cover.

>> No.27056068

Do they actually just sell to themselves for a lower price? And why the fuck is this allowed?

>> No.27058511
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27058511

>>27053452
>mfw I chickened out of buying put options as soon as soon as jew york opened
I should have trusted my instincts. It's a friday it was always going to be like this.

>> No.27059154

>>27042431
should post this to WSB. 300 seems to be right where it wants to stay

>> No.27059618

>>27052605
Incorrect, they only let you hold 5 fucking shares?!!?!? WTF?!?!?!?

>> No.27060710

>>27042431
SHORT LADDER ATTACK INCOMING HOLD HOLD HOLD UP VOTE AND SHARE

In the last hour of trading some of us are predicting they will launch a short ladder attack to make it look like it’s selling off to trick you into selling your shares. Their goal is to go under $115 to get out of their expiring contracts. This will be a major victory for them.

Hedge funds sell back and forth with one another at lower and lower bids in rapid succession, tricking algorithms into thinking there is a mass sell off when there actually isn’t. (They do this to scare off retail investors to engineer a sell off). Once the attack is over, the stock will normally go back up due to its demand. Then they will rinse and repeat their attack, each time hoping to chip away more and more retail investors. Most people in here know this, so if retail investors are selling, it’s unlikely that it’s anyone at all.

ALL YOU HAVE TO DO IS HOLD HOLD HOLD! DON'T GET PAPER HANDS DURING THE LAST HOUR, ITS WHAT THEY WANT!

GET RID OF THE STOP LOSSES, THEY WILL TRY HUNT THEM

>> No.27061889

>>27042431
>why do they need to close their position?
1. You HAVE to return something you borrowed on the books
2. It has a return date.

any other questions?

>> No.27062628

Is this what is happening to AMC as well? A short ladder attack?

>> No.27062885

>>27059154
I took it from WSB and made it more palatable to 4chan's taste.

>> No.27063133
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27063133

>>27060710

>> No.27063269
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27063269

>>27060710

>> No.27063587

>>27042431
They are charged interest on their position, was something crazy like 80%. As the price goes up they have double down or close due to margin calls. This is simple supply and demand. Because their overshort 100% they have to buy all shares of gamestop to close. Hodlers have full pricing power.

>> No.27063726

>>27044539
>1000 island stare
Based and stavpilled

>> No.27063860

>>27042431
bump

>> No.27064062

>>27052982
At this point wait for wed.

Fuck guys I may buy back in again at 100 for longterm

>> No.27064156

>>27042431
How much were the initial shorts by the HEDGEHOGS worth?

>> No.27064287

>>27053452
Jump in niggas. At 255 there is no reason every one of you can't buy 5 shares from Robinhood and hooooooold

Hold like your life depended on it

>> No.27064382
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27064382

>>27042431
what the fuck, you guys told me that by friday i would be able to sell at 1000$ a share

well its fucking friday and now your'e saying i have to wait longer?

till when? fucking monday? fucking tuesday? the week after?

i want my fucking money back you guys this is a fucking scam

i NEED that money, and now youre saying "2 more weeks"

fucking bullshit i knew this was too good to be true

>> No.27064644
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27064644

>>27063587
Exactly. I sensed anons around here and across the internet getting nervous over
>muh friday happening
not happening. So I wanted to provide some clarification; that we're still in the driver seat as long as we hold.

>>27064156
Unsure. I've seen that they were fuck me in the ass red at around $130/share.

>>27064287
We're back up already fren. Look again.

>>27064382
Listen up faggot, what didn't you understand about staying retarded longer than they can stay solvent?

>> No.27064858
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27064858

>>27064644
ive been retarded long enough i want my money back

if you dont send me $1000 im going to sell, sorry but i need the money

>> No.27064959
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27064959

>>27042431
Or they claim bankruptcy, big daddy government bails them out, GME tanks to the floor as everyone panic sells and the squeeze never happens, and Wall Street laughs.

>> No.27065025

>>27064287
>At 255 there is no reason every one of you can't buy 5 shares from Robinhood and hooooooold
Yeah there is, they won't let us

>> No.27065239

>>27064858
sell you double nigger, ill laugh from the moon

>> No.27065368
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27065368

>>27064858
Okay anon. We all have our basic finances to care for. For what its worth, at you least held out this long. Maybe keep a look out for any future dips, every bit helps.

>> No.27065400

Why did days to cover on GME change from 6 yesterday to 2 today?
Did the squeeze start?

>> No.27066265

>>27064382
>>27064644
>>27064858


What is your pay to post .10 or .50? Spiffy to derail?

>> No.27066420

>>27065400
Days to cover is based on trading volume. Because volume has increased they have less days to cover now

>> No.27066559
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27066559

>>27066265
I'm the OP you retard.

>> No.27068209

>>27065400
Volume breh

>> No.27068489

>>27066420
>>27068209
Nice, so they are using up their time to drive down value through increased volume?
Are they planning on settling this by Monday or can they give themselves more shorts for more time?

>> No.27069923
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27069923

>>27068489
Basically the lower volume is indicative of the impending squeeze. It's getting harder and harder for them to cover their shorts.