A few thoughts.
100k is not a meme. Peruse all of the rules put in place since GME happened. They made it so that hedgies cannot weasel out of it. They are liquidated. Other hedge funds can bid on their assets and absorb their whole company.
Citadel is toast.
Biden increased the capital gains tax just in time to cash in on this. That 6 trillion plan he just tabled. We gon pay for that.
Citadel is toast
They increased the escrow amount for each member within hedge funds 250% they burning the candle from both ends on they ass.
When a margin call happens a computer just runs buying up shares, can't find any for sale at $1000 the computer then searches for shares at $1001 and so on.
Until all are bought. The sheer # of synthetics is going to blow our mind
Citadel is toast, we crashed an american institution built on greed and corruption.
Most people won't have the discipline to hold for 6 figures. 10k a share and I'm set for life. But I have a portion set aside that I will not sell until it's on it's way back down.
Anyone that has been holding since January has most likely gathered enough info to know its not a meme. Until you can post a rule that says they cap the price of shares stfu!
DFV values his shares of gamestop at millions each. Its alleged (dont know if true) that he has never sold a single share. Hes made all of his money (30mill) on options.
The easiest thing to do is buy and hold. You can try to day trade if you want, but you will fukk around and average up with this volatility and end up trading dollars for dimes.
Buy until the price is too high for you. Enjoy the ride. This shyt is the perfect storm everything is stacked against the hedgies.
If this was spades you and your partner are holding a boston. But your opponent is to drunk to realize it.
If it is poker you have a royal flush and your opponent went all in on a bluff and the whole table calls.
This is where the world changes. You have a front row seat. This is bigger than covid. This is the largest transfer of wealth in the history of this country.
Watch! Be sure to @ me so I can rep and dap you if this shyt falters.