Clinesmith Judge
GO FUCKING FIGURE
Clinesmith Judge
GO FUCKING FIGURE
The problem with Gamestop is there is a shortage of shares, since 140% of the physical stock has been shorted. These means fewer buying opportunities as people are holding. The hedge funds HAVE to buy them, and the retail investors know this, and are holding on, causing the price increase. No different than an auction where multiple people desperately want an item. The seller can wait it out until the bidding stops.
Since people are likely not dumping tons of shares at these prices, the game is still on…remember the stock price represents the price of the most recent sale. So if you held 100k you could decide to ask market price +10% for just a few hundred shares. It would quickly sell, and the price would move. But remember, not everyone buying is a hedge fund, there a lots more speculators competing for these stocks, and people are even buying partial shares as well.
This should remove any doubts as to Page's loyalties.
He's a clown through and through.
Q told us.