Reply to The Big Short- Gamestop

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Wait. You think GME will get to $10,000 per share because of bankruptcies in short sellers...?[/quote]

simple math here listen in, 10,000,  $50,000 per share?   all within reach, even higher than that.  What if the real short shares total tally is 1 Billion shares that they have to cover?  Gamestop has only 55 Million shares traded ( not owned by insiders) and actually closer to 30M actively traded shares. The excess short shares are synthetics born out of naked short selling.  So a short squeeze or the MOTHER of ALL Short Squeezes is all 1 Billion shares being bought aka closed out.  What if nobody is in the mood to sell people shares WE KNOW THEY HAVE TO BUY. ( you buy to close your short position). What would you sell someone your shares for if they were begging you to buy them or face going bankrupt?  At 300-500 a share they can't close their short positions even if they wanted to. They wouldn't have the money.  Can't come up with the money?  No problem the DTCC places them in default and will liquidate all of their funds shut them down and close their shorts aka hit the buy button.  Believe me the DTCC doesnt care if the price is 4000 or 40000 at that point they are just hitting the buy button and closing the short sellers bankrupt position.  The DTCC has member money and other funds they can tap that are in the TRILLIONS to pay off these short positions.  All of that will take months not days or hours.  See why 50,000 a share could be low?  Alexa play "when the levee breaks" by Led Zeppelin![/quote]

this is not convincing. [/quote]

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