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> only feasible end game is if WSB makes Gamestop the most valuable company in the world and criples the global financial system. Is it possible? Sure, lots of

> only feasible end game is if WSB makes Gamestop the most valuable company in the world and criples the global financial system. Is it possible? Sure, lots of things are possible... I wouldn't bet on them Another good reason to assume this wouldn't happen: the existing system will not let it. You may argue that that is "changing the rules" or "cheating" or "being on the institutions side!", and you're right, but I would assume that the government forces all GME positions to be liquidated and halts all trading, no matter no many retail and/or institutional traders get upset by it, before allowing the collapse of the global financial system (again). No matter what game you're playing, there are always "superior" rules, that are not written down. No matter what game you're playing, one of the over-arching rules is "no crippling the global financial system".

imtringued 6y ago
Exposing those superior rules is the reason why people join the short squeeze. Every new special rule only justifies their existing anger.
- nrmitchi 6y ago
  I disagree that these "superior" rules are really hidden at all, and need exposing. These are basic assumptions that anyone can make if they spec 5 seconds using common sense. Why do you think that the SEC, Fed, and all aspects of the US Government would sit back and knowingly let a new financial crisis happen? It doesn't really matter who it's not fair to, it wouldn't happen. You can argue who will get the short end of the stick in the end, and why it's not fair, but that's secondary to my point. Another good example of this is claims (which yes, have fizzled out over the last couple of days) that Melvin Capital has lost $100B dollars already, and only has $13B in assets (which, if you account for a firesale, is likely much less than that). That amount of money is pretty much the practical maximum that you could get out of Melvin Capital, even if they have done the shady and illegal things that have been alledged. At a point you can't get blood from a stone, no matter how much you feel that you are in the right.

imtringued 6y ago

Exposing those superior rules is the reason why people join the short squeeze. Every new special rule only justifies their existing anger.

nrmitchi 6y ago
I disagree that these "superior" rules are really hidden at all, and need exposing. These are basic assumptions that anyone can make if they spec 5 seconds using common sense. Why do you think that the SEC, Fed, and all aspects of the US Government would sit back and knowingly let a new financial crisis happen? It doesn't really matter who it's not fair to, it wouldn't happen. You can argue who will get the short end of the stick in the end, and why it's not fair, but that's secondary to my point. Another good example of this is claims (which yes, have fizzled out over the last couple of days) that Melvin Capital has lost $100B dollars already, and only has $13B in assets (which, if you account for a firesale, is likely much less than that). That amount of money is pretty much the practical maximum that you could get out of Melvin Capital, even if they have done the shady and illegal things that have been alledged. At a point you can't get blood from a stone, no matter how much you feel that you are in the right.