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The original was posted on /r/Superstonk by /u/freeworktime on 2024-04-09 23:02:45.
As the following post says, if we had all DRS'd now instead of 2 years ago, the float would be locked, the billions spent when the price was 50 was enough to lock 25% of the company, if those same billions were spent now when the price has been shorted down 75%, it would be enough to lock 100% of the company.
As my post from a while ago states:
Retail doesn't own 75M Shares. ComputerShare holders alone own 75M Shares.
More billions have been spent going long GME than we think.
The price going down is proof positive of shorting. Remember the Citadel Algo whistleblower who said that retail is designed to lose this game? If we go long, the Algo sells us the share short and decreases the price, instantly putting us in the red and them in the green, and hoping we sell as they continue this one trick pony tactic. This only works when people sell and they realise the profit and we realise the loss. That isn't happening.
The fact that the price has been steadily going down while people have been steadily buying is proof of this. This can only continue so long until GME reaches intrinsic value, which it nearly already has, but I am fully convinced we will see single digits because that's the psychological game they are playing. That's the only one trick pony they know. To slowly decrease the price over a slow amount of time to inflict maximum psychological damage. Get ready for the negative headlines. We've already seen one: GameStop Saga Ends. The winner? Capital markets.
The market maker algo hates to lose. It doesn't want to see retail make ANY money, long or short, this is the rigged game the whistleblower was alluding to. I GUARANTEE if retail was shorting this stock, the algo would be buying, and the price would be slowly rising to squeeze us. I GUARANTEE if retail bought a meaningful amount of puts the price would suddenly stop decreasing and would magically end up at max pain. The algo only works if you don't know its tricks and if you capitulate to the manipulation. And manipulation costs money, don't think for a moment they aren't feeling the pain. Remind me again how much money Citadel Securities has borrowed since 2021? Billions.
Based on the above, funnily enough, when most people sell, which allows them to finally close and go long, is when they pump it, only when they are long themselves.
I don't mind. The more they short, the bigger the squeeze. Before 2021 they had shorted 2 floats which are massively in the red. After 2021, based on my post above and DRS numbers, they've shorted 2-3 floats, which are generally in the green. If I had to guess, I would say some are really red, some are really green and some break even, but it doesn't matter until they buy to close, which they can't as that starts the squeeze if they attempt to buy back the float 5 times over...
I will keep averaging down and accumulating more shares. I know what's happening. I know what's coming. Seen this before with Bitco1n and Tesla. Just wait until they go long themselves and you'll see true price discovery.
This is not financial advise.