dChan
Anonymous ID: ff8b93 Jan. 28, 2021, 3:59 a.m. No.12741565   🗄️.is đź”—kun   >>1569

>>12741557

>Finally: it is not over. The securities are due on 1/29. There are two full trading days to go. If the present rate continues, Gamestop will be worth $54 billion @ $794/share this time tomorrow and worth $122,360,000,000 @ $1,588/share when the security is due. For context, the world's largest hedge fund is only worth $140 billion and would have to bust to close all their debt - but we haven't factored in interest yet.

 

>At the standard rate is about $1.2 billion… but remember that because not all the shares are available the interest compounds. For 5 rounds of stock buying (again assuming a willing creditor willing to let them wash back the original stock like this) this comes out to about 25% interest which is something like $30 billion. No hedge fund has $150 billion. Thus, it is impossible for any hedge fund to pay the debt unless they all decide to magically pool their resources and ignore interest. And that the creditor is willing to go along with this. This is all very unlikely.

 

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Anonymous ID: ff8b93 Jan. 28, 2021, 3:59 a.m. No.12741569   🗄️.is đź”—kun   >>1571

>>12741565

>So basically by sunday gamestop will be worth as much as the largest company by market cap ($400 billion) and by next Wednesday Gamestop will be worth more than Apple and become the most valuable company in the world. By Feb 5th it'll have surpassed the East India company to become the most valuable company in world history at $9 trillion.

 

>And this will be with zero actions by gamestop's management, as they have no ability to affect this.

 

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Anonymous ID: ff8b93 Jan. 28, 2021, 3:59 a.m. No.12741571   🗄️.is đź”—kun

>>12741569

>By Feb 7th, Gamestop will be worth more than the entire US economy. By Feb 11th it will be worth more than the entire world economy.

 

>And this is still before interest the short sellers must pay back using whatever stock the creditor has.

 

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