HOLD ON TO YOUR COCONUTS- AN ANALOGY OF GME BEAR RAIDS FOR IDIOTS by Rake-7613
You live on and island with 11 coconuts (GME shares). No one likes them as much as you. There are 2 other douches, Melvie and his friend Hedgy.
Melvie promised the baddest motherfucker on the island he’d give him 14 coconuts (139% short interest).
I’m the meantime, you gathered up 10 coconuts into a bag. MELVIN wants your coconuts bad, or else that mean motherfucker he promised them to will bash his brains in, then throw half his body into a volcano and feed the other half to a shark.
So Melvin and Hedgy want to buy your coconuts from you. It cost you $1 a coconut to get them.
HERE’S THE BEAR RAID: So Melvin and Hedgy pass the one 🥥 they have back and forth and say “here, have this for 90 cents”, then “no you take it for 80 cents” all the way down to a penny. Then they turn to look at you, fear in their eyes and piss in their pants and say “see, these are only worth a penny”, praying desperately to whatever god they believe in that you’ll buy it.
ARE YOU BUYING THAT SHIT?
NO BECAUSE YOU AREN’T A SUCKER AND YOU HAVE DIAMOND HANDS. AND YOU KNOW YOU CAN CHARGE WHATEVER THE FUCK YOU WANT FOR THOSE THINGS OR ELSE MELVIE IS DONE FOR.
That’s the bear raid. That’s it. It’s the last price it traded for on low volume. Don’t believe it. It’s the only trick they have and it used to work, but not anymore now that millions of us can communicate and know what’s going on. They think we are so fucking stupid short interest is still over 100% today.
But You know for a fucking fact they have to deliver.
Shorting costs money. Margin interest isn’t free, and margin gets called and puts expire worthless. Holding your hairy coconuts is free. All you have to do is nothing and they will bleed money until they are forced to pay whatever you want, or they go bust.
Don’t sell your coconuts.