historyiong
2021-10-22

$GameStop(GME)$ "Contrary to common ape belief, Stute/Funds don't need to 'short' just to make the price go down. They still own 31% of outstanding shares and are just selling enough to get the price right where they want it for options expiry as they've done consistently for months. The fact that you're all 'hodling' only makes their jobs that much easier to manipulate, esp with an extremely low float to begin with. So just hope you all know that.

Also, the same shares they sold Wed, Thurs and today to push the price back down, are the same shares they'll very likely buyback Mon and Tues, as usual, just to spike the price and volatility back up just to keep writing more options (mostly calls) at extremely high premiums. Rinse and repeat, rinse and repeat, rinse and repeat.... as long as it's still working.

Did the flashbulb finally go off in your heads and why doesn't Suckerstonk know or teach this simple truth?"

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