Theory: The hold is WORKING and the squeeze is starting. Let me connect the dots and why $5,000+ is not a meme.
This is my Michael Burry moment.
It all starts with Melvin Capital. Who *had* around $13bn in assets. From them
reporting being down over 30% as of Fri 22-1 in the month *overall* we can
deduce that at the time they had a $3.7bn loss. The stock price on the day
before was $43.03.
When the price rallied to the $70s on Fri-21 they were shitting their pants b/c
they were now showing nearly a $6.5bn loss. They called up their buddies
Citadel and Point72 and got $5bn in loans, convinced their brokerage they could
get out of it (to not get liquidated) and started *trying* to illegally
manipulate the market. It didn't work; you retards and whales held. And kept
buying.
As of EOD 1-26 the stock price closed at $150, then to $240 after market.
Melvin now has as a $13bn loss. This kills the Melvin.
These short positions are now parasitic fuck bombs that will literally
*consume* anyone who is holding it when the dust clears.
Melvin's brokerages will be liquidating their assets ASAP less *they* get stuck
with them. But here's the fun part... No one's selling b/c of you degenerates.
But, alas, there's a solution. There are funds like Blackrock who specialize in
[Security Lending](https://en.wikipedia.org/wiki/Securities_lending) (see
[securities-lending-viewed-through-the-sustainability-lens.pdf](https://www.blackrock.com/corporate/literature/publication/securities-lending-viewed-through-the-sustainability-lens.pdf)).
> In a typical securities lending transaction, an asset owner lends securities
> — both stocks and bonds
— to a third party, often one who needs to cover a short position.
.
> cover. a. short. position
.
Turns out, Blackguard owns 13.2% of GME — 11,271,702 shares. And they just
sold 2,054,367 shares to bail someone out for over $400mill. How do we know?
Because of [this SEC
document](https://www.sec.gov/Archives/edgar/data/1326380/000083423721001340/us36467w1099_012621.txt)
filed *today* (also see [fintel](https://fintel.io/so/us/gme/blackrock)).
And what happened at EOD today? Price exploded to $240 for a moment as these
got bought. Lines up. This is the smoking gun to signal the action.
At conservative estimates there are at *least* 50,000,000 short positions yet to cover.
Blackrock is their last life line and will only hold out for so long. Once
Blackrock goes it's a fucking free for all. All the shorts who have yet to
cover are fucked. Completely fucked.
At $200, 50,000,000 shares is $10bn. But $10bn is literally GME's market cap.
To get rid of $10bn in GME shorts they'll be at least doubling the price/market
cap, so by the second that $10bn loss is going to be grow, and grow. Doubling,
tripling, quadrupling even.
This is their armageddon. That single $GME short position could completely wipe
them out. That position is a wildfire in their portfolio that can only be
extinguished with *money*.
$1,000? That's a fucking *joke*. They will be *scrambling* to cover, constantly out bidding each other on orders.
# **This could be hitting over $5,000 or more**
I am not fucking kidding. The higher we hold, the higher it goes until the last one
is standing with the -99.999999999999%.
And you wanna know the extra fucking wild thing?
Meta.
Every Brad, Chad, and Susan at BIG HEDGE X Inc that shorted GME are *awake*.
# **They are reading this**
They are scouring and scrutinizing every indicator, every sentiment, every
*post on WSB* they can to decide on what to do. When they see this post?
.
.
... It's on.
.
.
# When will it start?
Soon.
# How long it will take?
Who knows.
# How long it will last?
Who knows.
# How long it will go?
Who knows.
.
# Just set your limits accordingly (don't sell to early)
.
DISCLAIMER: This is not investment, legal, or financial advise. I am HIGH as
FUCK right now. Seriously. Don't believe anything you read here, this is
purely a work of fiction.