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On this topic, I've seen news reports that the GME short squeeze will happen 'any day now' according to analysts. Now, that initially makes me believe they're a
by JMTQp8lwXL 6y ago
On this topic, I've seen news reports that the GME short squeeze will happen 'any day now' according to analysts. Now, that initially makes me believe they're attempting to encourage buying, which raises prices. (In prior weeks, financial media implored retail to get out; there has been a very apparent shift in sentiment). Assuming financial media is a mouthpiece for key market participants, I found the reports surprising. Unless it's a 3D chess move: since we all so publicly are aware their statements have negative correlation to their securities positions, perhaps the rules for interpreting public statements have changed.
If they always act as predictably as stated, there's too obvious of an arbitrage opportunity.
- grupthink 6y agoDon't overthink it. They just want to sell to retail at the highest price possible. Either they want to short GME or they want to unload their current positions.