Yeah, that's not the issue, Norwegian Broker -> IBKR is like 50$
The final nail in the coffin of the 'it's legit' argument: https://www.reddit.com/r/Superstonk/comments/16van7s/indisputable_proof_ryan_cohen_did_not_write_the/
The letter is so out of character that it's almost hilarious... after 3 years of silence he comes out with this doom and gloom crappy letter? If somebody crafted a letter for maximum spin-effect of painting GameStop in a negative light, it could hardly be more perfect.
I know what Mr. Occam and hir razor would believe in this scenario.
The whole fractional / heat lamp / dingelberries whatever line of reasoning has me successfully confused.
I stopped my recurring buys because of it and don't know what to believe. Still buy and terminate plan in CS occasionally since DRS via broker->IBKR->CS is expensive and a hassle.
At least I buy into my CS account with fewest shares, the bulk of my shares are safely DRS booked with no plan, and will stay that way until MOASS or I die.
I am sorry you had to sell your shares for some bills, that sucks. As for the future, we shall see now won't we? Have a good life internet stanger.
I won't be citing sources, sine I am not trying to convince you, but I will say this:
GME did not squeeze in 2021, it was running into a gamma squeeze, but was shut down by the 'removal' of the buy button.
Since then, shorts have not closed and shorting continues on a daily basis.
This year it seems like GameStop will have a profitable year, EPS was very nearly 0 last quarter and will most likely be positive the next.
So yeah, I am not holding bags, I am watching the most entertaining story I have ever seen, live. Shorts have nowhere to hide, they will fight to the last breath since they have no other options. When they can't do that anymore, then we shall have a squeeze. I will be there for it, and you won't.
What part of infinite risk is it that you do not understand?
Nobody knows how high it might go, but statistically very few will sell at the absolute peak. We are in a freaking alternate universe with this whole thing and left reasonable land a long time ago.
Do I believe 200m? Not really, but claiming it to be impossible is false.
Since people ignore my request to ignore; I was trying to figure out how to post to introductions ๐
Refugees are heading over to the X community https://twitter.com/i/communities/1717018737734287566