$GME - 13 Day FTD possible extension
As per my previous post, i think the 22'nd of April would be too obvious of a date and is likely to be be a whipsaw date where the price goes down too quickly and back up again within the same day.
I believe the actual date where something could occur is approximately May 7 to May 10'th. This is a speculation based on the following factual information.
1) 22'nd is the date that SEC rule 15c33 is enacted at full force. Banks/Hedge Funds and friends must have buttloads of additional liquidity available otherwise they risk getting margin called and liquidated.
2) 30'th Ryan Cohen of Gamestop will delete the 2023 Senior Note Bonds e.g will wipe out 217 million remaining GameStop debt. This will allow Gamestop to re-start their quarterly dividend or to do other amazing things like stock splits or stock buyback. Only after the 30'th can any major things like stock splits or dividends occur due to the debt elimination that will happen on the 30'th.
3) Chart Technicals also show convergence/divergence near the same date/s e.g that something should happen on these dates (not necessarily).
If nothing happens on these dates, the next dates to follow are between June 9'th to June 28'th.
1) June 9'th Gamestop Shareholder Vote and possibly earnings/dividend or split or something...
2) June 28'th the Russel 1000 reconstitutes itself and may add Gamestop to it. Gamestop is currently part of the Russel 2000 which has $1.9 Trillion in passive buying power whilst the Russel 1000 has $19 Trillion worth... You get what i'm saying... It's the equivalent of Tesla joining the S&P500 but for Gamestop.
If the 110% - 1900% short thesis still does stand and the 20% self reported short number we're being fed is truly bs, then as you see there's still tons of catalysts to make GME go to the moon either slowly or quickly.
My price targets (prepare to get triggered) is not 100 million. I think that the current actual price of Gamestop if shorts were not weighing on us, would be at $7000 - $9000. If the shorts were to cover and to re-establish themselves, i estimate that the average real prices people would be able to sell at will be between $7000 - $56000.
That may not sound like a lot, but on average, it would cost the shorts $3,000,000,000,000 - $5,000,000,000,000 to cover. I don't believe in the millions per share theory because we'd be costing the banks and the shorts close to 1 Quadrillion dollars, that's about this much $1,000,000,000,000,000. Though there is a theory out there that the entire system is going to explode and will cost everyone $2.5 Quadrillion dollars, i don't believe GME is the one that's going to magically eat up all that loss.
If i were to put out a theoretical bs high number for gamestop when it squeezes, i'd say something between $56,000 and $3,000,000 but i don't believe in it. The cost would be too much for anyone to handle... It might happen but... i'm going to try and stay within reality.
I believe the actual date where something could occur is approximately May 7 to May 10'th. This is a speculation based on the following factual information.
1) 22'nd is the date that SEC rule 15c33 is enacted at full force. Banks/Hedge Funds and friends must have buttloads of additional liquidity available otherwise they risk getting margin called and liquidated.
2) 30'th Ryan Cohen of Gamestop will delete the 2023 Senior Note Bonds e.g will wipe out 217 million remaining GameStop debt. This will allow Gamestop to re-start their quarterly dividend or to do other amazing things like stock splits or stock buyback. Only after the 30'th can any major things like stock splits or dividends occur due to the debt elimination that will happen on the 30'th.
3) Chart Technicals also show convergence/divergence near the same date/s e.g that something should happen on these dates (not necessarily).
If nothing happens on these dates, the next dates to follow are between June 9'th to June 28'th.
1) June 9'th Gamestop Shareholder Vote and possibly earnings/dividend or split or something...
2) June 28'th the Russel 1000 reconstitutes itself and may add Gamestop to it. Gamestop is currently part of the Russel 2000 which has $1.9 Trillion in passive buying power whilst the Russel 1000 has $19 Trillion worth... You get what i'm saying... It's the equivalent of Tesla joining the S&P500 but for Gamestop.
If the 110% - 1900% short thesis still does stand and the 20% self reported short number we're being fed is truly bs, then as you see there's still tons of catalysts to make GME go to the moon either slowly or quickly.
My price targets (prepare to get triggered) is not 100 million. I think that the current actual price of Gamestop if shorts were not weighing on us, would be at $7000 - $9000. If the shorts were to cover and to re-establish themselves, i estimate that the average real prices people would be able to sell at will be between $7000 - $56000.
That may not sound like a lot, but on average, it would cost the shorts $3,000,000,000,000 - $5,000,000,000,000 to cover. I don't believe in the millions per share theory because we'd be costing the banks and the shorts close to 1 Quadrillion dollars, that's about this much $1,000,000,000,000,000. Though there is a theory out there that the entire system is going to explode and will cost everyone $2.5 Quadrillion dollars, i don't believe GME is the one that's going to magically eat up all that loss.
If i were to put out a theoretical bs high number for gamestop when it squeezes, i'd say something between $56,000 and $3,000,000 but i don't believe in it. The cost would be too much for anyone to handle... It might happen but... i'm going to try and stay within reality.
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