GME Soars while the market plummets: here's what you need to know:
1. J.P. Morgan is Melvin Capital [short-selling hedge fund]'s Broker. Days after the Dept. of Justice announced a Criminal Investigation into hedge funds and their short-selling activity, J.P. Morgan was fined $200 Million for violation of federal securities laws. Fintel then showed that J.P. Morgan switched to a new long position in GME, on the order of $20 Million into GameStop Corp. And now J.P. Morgan is saying that we will have a short squeeze now, through Christmas, and into end-of-December.
2. FinViz shows that GME's float is shorted 192.7 times over, marking the insane level of effort that these hedge funds have put in to kill the innocent company. Now the hedge funds are stuck holding a giant short-bag and face potential unlimited losses.
3. Delta sensitivity shows that GME is spiking to January 2021 levels of upcoming price action. Ortex shows that [reported] short interest [minus the millions of shorts not reported in swaps] and Days to Cover has just jumped incredibly.
4. $GME is already up 22.7% in only four business days, as volume only begins to pick up. Great after hours activity in GME! $GameStop(GME)$ $JPMorgan Chase & Co.(JPMJL)$
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