Replies to post #2455 on Gamestop Corporation (GME)

[10bambam]

Sound reasoning. Still it was nice to see naked shorters get a hell of a scare. How can a company legally be shorted 140% of it's shares?

[Montanore]

It was a noble effort. STOPPING THE ROBBERS WHO DESTROY COMPANIES!

But the robbers complained loudly about getting robbed themselves so the rules were changed to protect the robbers.

End of story.

[jeffree]

My Point is...


the Greed of shorters...going to 140% of shares...is what caused the imbalance...and the excesses of Their actions were ripe for an excessive reaction...no matter how good or bad the underlying equity...

The squeeze only lasts for "so long"...and then fades back to "normalcy"...if allowed to run its course...

but, the greed of the shorters is Still Evident...as they will continually rush the incessant shorting "non-existent" shares all day long...
Take a look at Reg SHO #s when they come out late today...

(btw...I have NO position in this stock)