LogFAQs > #980390051

UnholyMudcrab posted...

It's all kind of irrelevant in this case, because apes just claim that all the trading that the hedge funds are doing is through naked shorting. The theory of MOASS rests on the idea that the hedge funds have been allowed to accrue short interest for months and months on end, so it's up to the apes to pull back the curtain and reveal that every GME share in existence is fake except for the ones that they themselves hold.

I don't see how going from ~$20 to almost $700 5 years ago isn't already MOASS. Anyone waiting for something even bigger is a fool.

Some people are straight delusional about stock prices. I've seen people on Reddit say shit like $100,000 a share. Who's going to pay that? It ain't going to be the hedge funds. They don't have that kind of money. They'll cover what they can and declare bankruptcy. And they won't be buying from retail. They'll be buying from their unaffiliated-on-paper other hedge fund directly off market.

A couple people in retail will get rich. Maybe. But in either case you're never going to be able to sell for MOASS prices because trading will get halted and shortys will just go bankrupt. And no you're not hurting the 0.1% by doing this either because it's all LLCs.