it means a hedge fund, who was already bailed out by peers, is about to go under because they shorted that equity.
that will only make it worse later
>go long paper silver and gold. Then demand delivery
better yet buy phyzz as the CME will just pay people off to stand down for delivery if that gets outta hand.
Done it several times before
they have to sell assets to cover losses because has distorted the entire market by buying all the crap Wall st. couldn't or can't hack holding on to.
It's a feedback loop that gets worse and worse.
you are correct.
Anything that isn't nailed down goes overboard to fund those positions
and it can start a daisy-chain effect that ripples throughout the markets where everyone just pitches everything to stay in the game.
Now when they all start claiming the same assets (paper) that is when it gets good.
Way too many claims vs actual assets out there
Point 72 gonna have to stump up moar too
common mistake that most make when they think that the equity has anything to do with the actual product and/or service
Divorced from reality all the time
If you play with GME today have your entry AND exit strategy DEFINED before you wade into that pool
Don't be greedy either.