GME idea So this dude has 120,000 $20 call options expiring June 21 and 5 million shares he purchase at $22 average or around there. he has not sold a single share or option , the company announced earning earlier than expected and said they will offer and issue 75 million more shares. So on Friday the price went as high as 48 and ended the day at $ 28 . The dude saw millions of paper loses on his position and didn’t even thought about selling a thing . So that brings me speculative conclusion. In order for both GME CEO and Roaring Kitty to screw up the shorts they need to be together on these play . Next week GME CEO needs to make an announcement about part of the 75 million offering being finish and that they will not sell more shares until later that could bring the speculators back in the game . with roaring kitty still holding he can say he is waiting until expiration date to exercise his calls and buys 12 million shares off the market that would be crazy and speculators will want to buy shares before he exercise his options . Ryan is a smart Man and this is a big oportunity to raise billions for the company and putting himself on a good position as a great CEO . That’s the first scenario . The second one is . Ryan and the shorts are working together on screwing up the company. If that’s the case roaring kitty will have no options but to sell his calls and sell his 5 million shares , that would be devastating for the stock since all the holders will lose faith on the stock and could potentially fall down to $10 or lower. There is more money to make to the upside if GME ceo plays his cards right either he sells at $ 120-150 par share or rides with the shorts down to sub-$10 . That’s a possible 4-5x on the upside if the short squeeze happens . This is not a financial advice, this is just my personal opinion .
