The Brehs of Wall Street (Offical Stock Market Thread)

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redd2013

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I Really Mean It said:
The government would have to bail out the HF, then. But, the idea that all of these retail investors whose money is riding on AMC are going to sit quietly by and let them feds steal their money while siding with Wall Street is fantasy. That is not going to happen. The rules are clear: these HF must buy back these shares from those holding them at the prices those shareholders have set.

You have to think more positively, breh. We got this.

:mjgrin:
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Lol I feel ya. The government not bailing them out. The sec or government might halt trading for 10 days where neither side can sell or buy. Just giving people another perspective. I don't want people to get burned. While I feel both will squeeze it wouldn't shock me if they pull the rug on us. Just be careful and have a plan. Friday 3/19 quadruple witching day. I really feel like this is an overhype event. Hedge funds are not just going to give us the money. They have something up there sleeve.
 
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(ALi) said:
Is there a time limit on when the hedge funds have to pay back the stocks they borrowed from AMC?
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From what I understand most hedge funds must close there position 3 trading days after options expire. If they don't pay up they become failure to delivery. They have 21 trading day after that to cover. Not sure if the 3 days are apart of the 21 days. If they don't cover again I'm not sure what happens. I think position will start getting liquidation after not sure tho. Citadel is a little different I think I read somewhere they had 20 or 21 trading days to cover.
 
Kenny West

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Lets do some rough estimate math


Consider the US population being 331 million for 2020

Also consider this: Going Viral: 'Meme stocks' win over 1 in 4 Americans
1 in 4 americans invest in meme stocks according to harris poll.
According to the total pop that would be
82,750,000 meme stock investors.

GME buyers representing 33% of said investors, so 28,962,500

To lowball, lets say only half those folks get stimulus checks and are only going to invest 1000 (should cover the price range of 267-333) of the 1400 minimum for lower income. Thats 14,481,250 stimulus investors.

We'll lowball again and say their shares cost 300$ when they buy (its at 267 right now). So all 14 mill + buy only 3 shares.

Thats 43, 443,750 shares that could be owned by retail investors.



There are 40 million shares in the GME float . 40 mil tradeable shares. The stimulus could have GME buyers owning over 100% of the float in a week or two.

-This is excluding existing holders
-Excluding 30k+ itm call contracts that exercise from friday
-Excluding rich people/whales
-This is excluding whale institutions like Vanguard and Fidelity who are investors
-Excluding people throwing their entire stimmy at it
-Excluding people who are getting more than 1400 because of dependents.
- Excluding any non stimulus money thrown at it
-Excluding the buyers outside of america who are consistently bullish pumping stock

I believe GME holders already have 100% and maybe even 200% of the total shares by now already. :mjlit:And the 600$ stimmy is what almost pushed Melvin and Citadel off the cliff in January.

TL;DR all shorts must cover :evil: we're winning this war
 
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