The conspiracy theorist are in overdrive today. Obligatory grain of salt.
The endgame now is they’re looking for a bailout of some sortWhat I dont get is amc and gme have no chance of bankruptcy and going out of business at this point. Which is what the shorters were hoping for. They have tons of money now. So what is the end game for these hedges? They have to cover eventually and you're not gonna get it to where you bought at to break even
Their still making a lot of money on options. Probably not as much as they're paying. But they dont get to decide when to throw in the towel. The government does at this point. That's why they trying to get these rules in place. The last and most important is on 6/21/21.What I dont get is amc and gme have no chance of bankruptcy and going out of business at this point. Which is what the shorters were hoping for. They have tons of money now. So what is the end game for these hedges? They have to cover eventually and you're not gonna get it to where you bought at to break even
What's on that date?Their still making a lot of money on options. Probably not as much as they're paying. But they dont get to decide when to throw in the towel. The government does at this point. That's why they trying to get these rules in place. The last and most important is on 6/21/21.
When?Nscc 2021- 002: automatic margin calls pending liquidity tests.
For example
We missed one brehs and @humminbird
Obligatory