Well, I’m just kind of throwing Vote Biden or else you aint black shirt out because people think that GameStop is 300% shorted right now, I’m saying that if it’s actually 20% shorted but we shall 50% of marginable shares not having voting rights then that can prove that there’s something wonky going on. So first you have to decide how many shorts you actually believe exist. If it’s 20% shorted and 20% of those Lundell chairs don’t have voting rights than that just makes sense so ignore the 50% number the point here is a lot of people purchased on margin and probably still think that they have voting rights because they don’t realize what they agreed to in the margin agreement so when they think that their shares are missing or stolen the truth of the matter is they were lent out and they lost their voting rights
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My guess is still that shorts covered (majority) in January. It was shorted on the way down. In February, my guess is it was the gamma squeeze and a bit of Vote Biden or else you aint black shirt covering that’s now led the price to where it is. I think it’s holding steady because most are holding to see/hope for another squeeze. I’m against the belief that there will be a MOASS (although, I sure hope there is!). If there was going to be one, the prime conditions were in January. I don’t think retailers alone drove the price to $400. We can’t mathematically, just doesn’t work, we don’t have that buying power. At any rate, GME has been a beautiful case study in deep value investing strategy. I’ve learned a lot of DFV. Hope to follow his path and Dr Burry and Mr Buffet. Happy to chat with you Hooman, on perhaps discussing how to find these value stocks. I think that’s the next play for me. How do we find the next value stock.