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Feb 4, mid-market: Thank you everyone for your support. I really don't know what to say. The company keeps getting pounded because GME is having a sell-off, which doesn't make any sense. But that's the market for you. It doesn't always make sense.
I still believe 2021 will be a big year for Nokia, although it doesn't look like there is any way we'll manage the crazy play anymore. Still, it was nice to see something that was impossible become possible, even if it was for only a few days.
And remember, we can still do it any day. All it takes is for us to work together. If you want. Make up your own mind.
I'm still holding. NOK will recover from this. Fair value is at least 4.81, and way more when 5G really gets going. So if you can, I would buy some more now. You'll thank me later for the tip. It may not be the most exciting play, but it is what investing is all about. Slow and steady growth that compounds to make a big change.
One of these days I'll be able to post again, when the mods lift the restrictions on new posts and things get a little less crazy around here. When I post again about NOK, I'll post the link here too. Thanks everyone!
Feb 4 premarket: Earnings out! They beat expectations a bit, their revenue was a little smaller than expected. Overall, good quarter, good year. Here it is: https://www.nokia.com/system/files/2021-02/nokia_results_2020_q4.pdf
Feb 2, end of day: It's getting pretty crazy out there, but here's what you should know. The NOK chart is following the GME chart. It's got way more shares so the bumps and dips are more stable, but that's the main trend.
What that means: GME has no underlying value at this level. It is a gamble on the short squeeze. It might pay off, or it might not. If people panic sell like yesterday, it won't.
NOK is very different. It has underlying value. So if someone dumps it below its target price, the best thing to do is just to buy and wait for the value to go down. Thursday NOK reveals its earnings, and they are likely to be good based on what Ericsson revealed. Ericsson is one of its main competitors and a very similar company currently trading at twice the NOK price.
Feb 1, end of day: Told you it was a value share! Still trading at target, still low risk.
Either dumping has stopped, or normies are piling in because of the results. Either way good news, hope you made some money today!Vol today 190m, still way above average. Normal average 30m before we changed it lol. That means since Wednesday over 2bn shares have changed hands. Hope you got em!
Ericsson (NOK competitor) results suggest NOK will report good numbers this week, NOK upped to BUY on market watch: https://www.marketwatch.com/story/nokia-upped-to-buy-after-ericsson-results-2021-02-01
Unless my math is retarded (which it is cos ahmsodumb), if everyone (7m) on this sub spends $3000 at current price ($4.55) we BUY THE FLOAT. The more they keep dumping, the more shares we get cheap. Think about it.EDIT: buying the ENTIRE float is NOT the point of this play. I know share price goes up when supply is restricted, just read the play. This is just an example of what happens when they dump a value share on millions of retail investors.
BLACKROCK IS IN PEOPLE: https://fintel.io/so/us/nok/blackrock
Robin hood increases NOK allowance to 2000 shares for next week (still any allowance is CRAZY because it's a VALUE SHARE THAT HASN'T BUBBLED) https://robinhood.com/us/en/support/articles/changes-due-to-recent-market-volatility/?fbclid=IwAR2SK9VQOI_eBgBF0SK4-R1eQjBkSAe3sd6KMwSBaCPmz38e5cc8siRdhEY
You dump a VALUE STOCK on me and think I'm in danger?
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Added new summary (30 Jan), and Q&A.
FIRST OFF: This post is not financial advice or anything except the rant of some idiot retard who is an idiot. I tell you straight up that there is a normal investment side to the NOK play (STILL MEANS RISK, which YOU will have to decide!) and that there is a CRAZY side that is PROBABLY IMPOSSIBLE. If you want to play the crazy play then you’re also a crazy retard idiot just like me.
I don’t know shit, I just look at graphs and go WOW. Do your own due diligence, I am not a financial advisor. Don’t ask me if you should buy, I don’t know, can you afford to? Are you comfortable with the risks? I don’t know these things. You do.
NOK PLAY:
Here’s how it works. YOU DECIDE if you want to take part.
1.It’s not a short squeeze like GME. Get that out of your head.
2.It’s a value/momentum play. The value part is just normal granny&grampa investing. See a good company going cheap, buy and hold. Tell your mom, dad, granny and grampa, cousins, relatives, friends.
3.The momentum part is the crazy part, and if it works the share will SKYROCKET as long as YOU DON’T SELL. GME is the biggest short squeeze in history, the NOK play could be the biggest value buy in history.

1. The beauty of it is that it works because Wall St is dumping NOK irrationally. That’s why the price is going down (slowly). They think they’re attacking us and slowly winning, but they’re giving us a value share cheap = their money, our pockets. By the time they realize what we did, it will be too late.
   
2. Don’t panic, and keep buying the dumps (if you think the company has value), and if we hold the line you could see a miracle.
   

3310 HANDS
​
Value Part (crazy part in Q&A):
The company is healthy, has good financials, it’s a market leader in 5G (it’s main competitors are Huawei and Ericsson, they have about the same market share share of 5G) a lot of potential to be the company that builds 5G for a large part of the world. NOK is currently trading at a standard price for the value it holds. It is not a bubble.
Here’s Nokia’s 5G contracts: https://www.nokia.com/networks/5g/5g-contracts/
Here’s Bloomberg shitting bricks that we’ve realized that Nokia is a value bet: https://www.bloomberg.com/opinion/articles/2021-01-28/gamestop-may-be-a-reddit-wallstreetbets-game-but-nokia-sure-isn-t
Nokia also just unveiled new 1tb tech, the thing AFTER 5G. First on the world. They have it, they’re showing the world it works. Here is their press release from Wednesday: https://www.nasdaq.com/press-release/nokia-and-elisa-push-network-boundaries-with-worlds-first-1t-deployment-2021-01-27
They are so trusted that NASA got them to build a cell network on the MOON. Literally. If you’re NASA, would you hire your retard uncle Earl to build cell towers on the moon? No, you hire someone who CAN ACTUALLY DO IT. Imagine what it takes to build something really big and complicated on the moon? Now imagine who’s the likely guy who can do it. That’s right, NOKIA. Here they are, going to the moon: https://www.nokia.com/about-us/news/releases/2020/10/19/nokia-selected-by-nasa-to-build-first-ever-cellular-network-on-the-moon/
If the Huawei 5G war continues, who do you think US and Europe is going to back, especially since NOK already has the next tech, owns a bunch of patents, is from FINLAND that has never tried to take over the world and has a brand that EVERYONE who lived in 2000s remembers?
Here’s a guy who’s been doing the numbers for a while now in case you want to see them: https://www.reddit.com/useJimming/comments/l7f6ua/part_iv_option_chain_analysis_on_nok_and_why_you/?utm_source=share&utm_medium=ios_app&utm_name=iossmf I don’t know him, I don’t know the numbers as well, but looks pretty good to me. Amazing due diligence. But what do I know, I’m an idiot. So is he. So are you. We’re all fucking retards, just ask Wall Street. I poked myself in the same eye twice yesterday. We’re “dumb money”. They have other names for us too.
So, worst case, you just bought into a good company at a fair value. If the crazy play doesn’t work, you just hold on to them and let them become the world leader in 5G. Unlike GME (NOT SAYING SELL!), NOK will not fall 99%. Or if it does, I'M BUYING THAT SHIT because if a HEALTHY COMPANY FALLS 99% you make some CRAZY MONEY on that when it bounces back.
Q&A
Q: You retards were tricked by bots to buying NOK, there’s no short
A: This just full on doesn’t get what the play is about. IT IS NOT A SHORT SQUEEZE. THIS IS NOT GME RINSE REPEAT. GME IS A DIFFERENT PLAY. NOK IS A VALUE PLAY. How many more ways can I say it? Not sure. How many more do I have to?
Q: Stop taking attention away from GME you retards
A: Nobody is saying sell your GME. Nobody is saying that. GME is too expensive for a lot of people, and GME is VERY RISKY and NOK has genuine value behind it. If the NOK play works, those people who couldn’t afford GME can still get on & get rich. If it doesn’t, they most likely still make money on a good company.
Q: This play is impossible / crazy / it’ll never work / there are too many shares you retards
A: This is ALMOST true. This play WAS impossible until 1/27/2021. That is why nobody has EVER tried anything like this. But it’s NOT impossible anymore. Look at this graph. Look at it. See that spike? What the fuck is that? I’ll tell you my fellow autistic space boot packin 3310 using NOKSTER.
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https://preview.redd.it/v473xl00ghe61.png?width=2182&format=png&auto=webp&s=bf5aac455156dbadb919b80afacb5232af0a05b5
That spike was them running out of shares for half an hour. Trade was stopped until they could find more, to avoid an artificial spike in the price.
Proof? Look at the volumes. A small sale (red) causes a small dip. Two small buys cause a MASSIVE SPIKE. They ran out, and had to call their friends to liquidate more shares so the price wouldn’t skyrocket "artificially".
But that’s IMPOSSIBLE for NOK. NOK has 5bn shares. Nokia should be much more stable because it has so many shares, having a crazy demand spike is crazy. I saw it, and fell off my chair and since I’m such a retard it took me an hour to get back up.
So it was impossible, and that’s why Wall Street won’t see it coming. They think this is their attack and they’re about to break through our ranks, but they’re actually playing right into our hands.
Wendnesday, we moved 1bn shares. Thursday, when nobody could buy, we still moved 500m. Yesterday, we still moved 360m. We’ve moved so much NOK in the past three days, the average volume of the share has MORE THAN DOUBLED in THREE DAYS. The play is not impossible anymore, but Wall St thinks it is, which is how we can use their own strength and mass against them. But the value buy still makes sense WHENEVER you see someone dump a valuable share. Someone sells you a 100$ bill for 90$? Buy it.
They attack? We absorb. They dump, we buy, they run out of shares, we hold. They’re fucked, and they just handed us a bunch of value shares at an undervalue = they just gave us their money. They are just giving it to you. When they realize they can’t buy them back at a lower value, what do you think is going to happen?
Q: We don’t do value plays, we do short squeezes you retards
A: Go back to April. Look at u/DeepFuckingValue’s position. GME was a value play. It’s only in April that the Short Squeeze became possible. Look it up yourself.
Will a short squeeze also happen with NOK? It’s unlikely. Hedge Fund Assholes have been increasing their shorts in NOK in the last few days, but they won’t go over 100% on 5bn shares because they're not as stupid as me. But it doesn’t have to happen. We just need to buy the dumps. If they short, great. More money for us as long as we don’t let them drive the price down with the dumps.
Q: Why is NOK not rocketing?
A: Because Wall Street is dumping, just like I said they would after the Wednesday spike. That’s the whole plan. They dump, we hold the line, buy the dumps and keep the price steady.
The GME short squeeze guys waited for this for UP TO TWO YEARS. I saw it in April. I thought it was crazy. I didn’t jump in back then. If I did, I’d have about as much money as u/DeepFuckingValue. On a value share, you can afford to wait. GME was originally a value play. That’s what I should have realized in April.
SO JUST WAIT AND HOLD (if you believe and idiot like me, which you shouldn't, no need to message me about it). It’s been two days since this play even became possible.
Q: How do we know it’s working?
A: Look at the volume of shares traded. Nokia has 5bn shares. In the last three days, nearly 2bn have been traded. The price is still up from last week. That’s how.
This has already been a giant dumping campaign. How come the price hasn’t floored? What happens if we just buy it all up?
What happens if they run out, and then their shorts blow, the price bumps up, CNBC tells the world we broke another short wall, everyone piles on, Wall Street realizes they just gave us their shares at an undervalue and try to buy back, we don’t sell, we have all the shares? The Wednesday spike is what happens, except this time there is no stopping it. If they stop trading again and try to dump some more, you just buy up the dump and keep the spike going. Spike stops being a spike and becomes a floor.
​
Q: Where will this max out and when?
A: What do you think I’m from the future? I just saw an impossible thing happen on Wednesday, and we need to make it happen again. Look at the graph. Look at it.
Set your targets to $3310, that should do it.
Q: When should I buy? What should I buy? Should I buy?
A: Be your own person. Buy when you feel like it, if you feel like it.
Q: Wall street bots are promoting NOK.
A: I don’t give a shit. If they are, and we keep buying, they are promoting giving us money.
​
Part 2: (29 Jan)
First off, much as I appreciate the love, I can’t play your hand for you. You have to make your own decisions. Do I know where NOK is going to be tomorrow? Nope. Nobody does. All that I have for you is the news from Wednesday that this play is no longer totally impossible:

1. I think the assholes are going to try to dump you out of the market
2. It won’t work if we keep the demand up.
3. The way we keep demand up is we buy, and others will follow us because the company is good.
4. When they realize it won’t work, they’ll need to start buying back in.
5. Then it’ll be too late, cos they dumped their shares on US and we are RETARDS who HOLD. That means that when their shorts start to go bust, the price will jump up (a little bit, not like with GME at first – this is a different play based on the health of the company, not a straight up short squeeze. The short position on NOK is much smaller).
6. When the price jumps up, and the GME guys start cashing out, they need somewhere to put that cash. Some of them pay off student loans, or buy cars or whatever, but the smart ones will go NOK.

How you play it is up to you. I can’t tell you if you should buy, what minute to buy, what app to use and so on. All I can say is I buy the dumps. You need to decide for yourself if you want to do it. You can see the dumps on any app, or even yahoo finance. I buy NOK on NYSE, and I buy straight up shares (so they can’t lend out mine for shorts) but you’re free to do what you want. I’m a retard, you’re a retard, we’re all autistic fucks, we make up our own mind and stick with it.
Secondly, what I said yesterday morning would happen, did happen. And it happened exactly like I said it would. So don’t get scared off, just buy the dumps. And they know that they’ll be fucked if we keep buying the dumps. That’s why they stopped us from buying NOK.
NOK hasn’t bubbled, stopping us from buying NOK was because they know we’re on to them. They know the dumps won’t work if we JUST KEEP BUYING and HOLDING. The play works, they’re scared, we caught them with their pants down, they’re trying to get ahead of us.
OK, so about what happened yesterday with RH and others. I’m so fucking angry about this.
What RH and others did is completely insane. Their argument is “you guys are throwing your money away on a bubble, we’re just protecting you”. Bullshit. I won’t comment on GME, I’ll let u/DeepFuckingValue or one of those guys do that. I’ll just say, that short squeezes happen with hedge funds all the fucking time. Why is trading not stopped for them? They have people’s fucking pensions that they’re playing with.
But for NOK, it’s TOTAL BULLSHIT. Here’s why:

1. NOK HAS NOT BUBBLED. Look at the graph. Look at it. It is still down from 2016. NOK is well within normal variation. Long term, you barely see the spike from a couple of days ago. There is nothing to “protect us” from. They’re protecting themselves.
2. The NOK play is not a straight up short squeeze. The play is HELPED by the shorts that are there, as long as we can keep the demand up and keep the price up against the dumping, but that’s all.
3. NOK is a healthy company, with new and important tech, a great brand, a lot of potential. You want to see why, read the original post. ANYONE who sees a company like that being dumped for NO REASON would buy. So should you. They are only dumping it because they’re trying to fuck up our play.

Ok that’s enough for now. I’ll see you all when I’ve got my space boots on, in my house on the FUCKING MOON, next to a NOKIA Comms tower, or I’ll see you in VALHALLA with my broke ass. If this doesn’t work, then at least you TOOK ON THE MOTHERFUCKERS and EARNED A PLACE at the table with FUCKING ODIN.
UNBREAKABLE 3310!
ORIGINAL POST (28 Jan):
I get it, it’s not the play. I’m not saying sell your GME. I’m not a bot or a spy or a wall street asshole. I’m a regular guy who’s got a couple of bucks in his bank account and plays videogames and wants a fucking house to live in like my parents had when they were young. If you don’t agree with me, just say so.
I’m also not a financial advisor, so make up your own minds you autistic fucks.
But, BUT, yesterday we did something they’ve never seen. Yesterday, we made them run out of NOK shares. That’s what that big spike was, and that’s why trading was stopped for 2h. If we keep doing that, it will be the biggest wall street wealth transfer from assholes to retards in history. Because they will keep dumping it until it’s too late.
Impossible, you say. Too many shares, you say. Well listen up. Yesterday, in ONE DAY, we traded, or caused others to trade, 1bn shares of Nokia. That is 1/5 of all the Nokia shares in the world. That’s never happened, EVER. Not even when Nokia was the biggest phone company in the world.
3516.16% of average trading volume.
Do you get it? They’ll keep dumping their stock, we keep buying them cheap, and then they won’t be so cheap anymore when they try to buy back in. We can move 1bn shares IN A DAY. ONE DAY. 🚀🚀🚀🚀🚀
Why do they stop trading in NYSE? Cos they ran out of shares temporarily and they don’t want “artificial” spikes in the prices. So they made us retards wait a couple of hours while some assholes called some other assholes to unload their shares into the market, and once they had enough, they started again. That’s why that spike went down right after the freeze.
But then we did it again. And they had to stop again. The price just wouldn’t go down. The assholes who’d just unloaded shares were probably back on the phone with the other assholes who’d convinced them.
Everyone is watching us. What we do, millions of normal folks do with us, and every wallstreet asshole does against us.
What did the asshole brigade do? They started shorting NOK. They will continue to do that, because they think we’re retards (they are correct).
But how come the price didn’t go down? It’s got 5bn shares, and everyone whos ever held it was dumping it. How could we ever keep up the demand when there are so many shares out there? How is this going to work?
Because the retard brigade was buying it. There’s 3m of us and counting. If we each put 600 bucks on NOK, we get 100 shares, and that’s 300m shares.
Now imagine what happens if we put 6000 on it. AND. FUCKING. HOLD. And every dip you see, you buy more. AND. FUCKING. HOLD. They'll keep dumping, we keep buying, until they realize the price isn't going down. Then they start buying, we keep holding, the market runs out of NOK. Price skyrockets.
And normies outside were following us. They can see that the stock is still LOW, lower than 2016. This means they don’t think it’s a bubble that’s going to crash on them.
So why do the normies follow us on this, and not on GME? (I’m not saying sell GME).
Because GME has never, ever been anywhere near where it is now. That scares a normal guy who’s just trying to put in some savings for his family. They think this is some Dutch tulip market shit.
Not so with NOK. Even with the spike from yesterday, NOK is still DOWN from 2016. Remember 2016? Remember that being a really big year for Nokia? No, me neither. And let’s not even get started on where it has been in the past. Yesterday's spike barely shows on the graph.
You know what is going to be a big year? 2021 and 2022. Why?
What else did NOK say yesterday? Well, they revealed that they have a new kind of 1 terabit data transfer networks shit, what do I know, I’m not a techie. But it IS a new kind of technology that’s going to kick 5Gs ass. And my fellow retards of the most honorable retard brigade – Do you think we’re going to need more data this year than last year?
Remember how Netflix had to downgrade its picture quality in March because the networks couldn’t handle the amount people were streaming? What do you think is going to happen with the company that solves that?
But why would NOK be the company? Well, remember the 5G war with China?
US and Europe can’t buy 5G from China, because then China has our networks. But guess who US and Europe aren’t afraid of? Fucking FINLAND. Finland, the land of NOKIA. So tiny that some people think the whole country is a conspiracy theory and doesn’t really exist. Sorry Finnish people, nobody gives a shit about you. Good thing for you, cos you get to build the 5G network on the moon and shit because nobody is scared that Finland will take over the world.
Want proof? They are literally building one on the FUCKING MOON: https://www.nokia.com/about-us/news/releases/2020/10/19/nokia-selected-by-nasa-to-build-first-ever-cellular-network-on-the-moon/
And we’re going to send them there. 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
But hang on, why is NOK so low in the first place if it’s so great?
Answer: because Microsoft fucked them. That’s right, they sent one of their own assholes to infiltrate the NOK, leak a bunch shit to drive the share price down, and then buy the phone part of the company. These assholes wrecked the company, the Finnish economy, and every middle class shareholder who was just trying to put their kids to college. Imagine everyone who’d be fucked if someone did that to Apple now.
Worked like a charm. Firesale. Business restructuring. Lost their phones. NOK never recovered.
The asshole they sent from Microsoft? Went back to work for Microsoft, and was paid a shit ton of money for what he did. His name is Stephen Elop. Look it up.
So they have tech that nobody else has and a brand that everyone recognizes. But what don’t they have? Money. That’s why they’re building this 1tb magic network thing in tiny fucking possibly fake Finland to show everyone it works.
But if we drive the share price up, do you think that’s going to change?
So FUCK IT. I’m in for every penny, and I am HOLDING. I’ll see you in my house ON the MOON next to a NOKIA Comms tower, or I’ll see you in VALHALLA you BEAUTIFUL RETARDED MOTHERFUCKERS.
TL;DR: NOK is literally going to the moon. Go there with them. 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
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Ok retards listen up. Been seeing lots of cucks writing small DD pieces of bullish or bearish shit. You cucks need to read this cos this is the whole fucking thing.

this is also basically my magnum fucking opus so upvote retards. Dont give me awards, legit go buy a powerup membership for a year. Cant tell you to buy shares because we gonna get closed down by SEC somehow.
im also not some fininacial advisor or whatever just read this and make your own conclusions degenerates. Im not fucking liable lmao but i am balls deep 125 shares @ 19 average now, its literally all I have on this earth.
TLDR: GME DD sumarized, Margin wont affect longs the same way as shorts right now. Dont buy shares on margin though and get ready to supply collateral regardless. Short interest is up and some smart retards are on our side. Read the post to raise your IQ from 8 to 9 though. 🐻 🌈s mega fuk and even posting high level bear shit to scare us.
Compulsory 7 rockets so you autists dont start having a seizure or something:
🚀🚀🚀🚀🚀🚀🚀
Basically been seeing posts about "blah blah margin this, short interest this, WS to clever blah". Going to split this post into distinct sections but im no english degree cuck so dont expect any bear bloomberg level shit or something

1. GME is a fucking steal regardless of squeeze. Buy now or be left on a dying planet while we head to alpha fucking centauri.

So basically everyone here knows about Ryan cohen and his horsemen of the apocalypse coming to steal melvins lunch money. This man bought apple stock in 2017. Hes fucking rich. Hes also an eccommerce wizard, taking CHEWY from a measly 100k co-founded company to a $4 Billion company in 2017 at which point he sold it to petsmart or something. Its now valued at $40 Billion, granted anything eccommerce now gets money thrown at it like a stripper in a high flying strip club or some shit idk im a virgin so dont listen to me, so it may well be a bubble. Regardless the thing grows its revenue like bacteria doing binary fission on agar jelly 🚀🚀🚀🚀.
THEY SELL FUCKING PET FOOD. the market for that is like what? $1?. Gaming is going to the moon and is basically recession proof because of how cheap game is compared to other things for how much you get out of it. Any bears saying that Gamestop cant compete with digital or with amazon. Ryan cohen already slapped amazons head in with a no name brand. Hell fucking do it again. About digital everyone here already knows, microsoft deal, Ryan cohen also mentioned the possibility of having "Digital game exchanging" or something, image below.
Online trade ins. It says online.🚀🚀🚀🚀🚀🚀🚀
He also mentions streaming, digital content etc and aside from all the digital stuff wants GME to move to a community centric structure where big stores operate with VR centres, Internet cafe, table games like Dungeons and dragons and 40k (rapidly growing somehow will boom post covid) and as we now might know due to this post:
https://www.reddit.com/wallstreetbets/comments/kypuyb/gme_dd_buildapc_kiosks_coming/
BUILD YOUR OWN PC KIOSKS. This is the literal smell of money. Go to your Gamestop to build your PC with your kid? Gamestop is already the goto place wher your parents go to get you your latest digital fix so now they can go build PC's and it cant go tits up?
Now for some pussy boomer talk (aka fundametals or something).
The expected Q3 EPS was -0.84$ or something close to that. The actual loss was -0.53$ but boomzoids only talked about the revenue drop. No shit sherlock its closing all its dead weight stores.
In the holiday report I will talk about a bit more below, 11% of stores were closed and revenue dropped only 3%. Comparitive store sales increased nearly 5%. They cant get enough consoles to sell so expect the momentum to carry on for the whole year I expect. Eccommerce is up 300% over holidays. In Q3 they reported 800% to date. In 2020 Gamestops eccomerce went up 24x. YES YOU READ THAT RIGHT. Online sales now account for ~33% of Gamestops sales now. This is literally gold dust for ryan cohen.
We are still trading at 0.38 P/S at this price. The average P/S for the SP500 is 2.753. Massive upside on these two numbers alone.
Burry got in this for the MOASS and the intrinsic value. At the time intrinsic value was like $22 and this will pump up as RC takes it to new heights.
GME in Q3 somehow halved the expected loss. Big Bad Boomer sherman somehow didnt fuck it up that bad by saying "omnichannel" at the speed of light. Yes the revenue dropped 30% but thats covid for you. As the PC kiosk post above shows GME now sells small items basically so fast they have to have fake stock lmao. The new console cycle always spikes the share price sky high too, as youll see in a crayon drawing later. The potential revenue that this console cycle brings in could be huge. Biggest ever is potentially a true statement and Gamestop sells every fucker they get. Combine the fact that they share game pass ( a massive hit) revenue from the xboxes they sell, something no other retailer has, revenue could be sky high.
Now I know you autists are starting to develop short term dyslexia or something but keep reading. This could be the most important piece of shit you read in your life. How do you think I feel? My brains overheating just trying to write coherent sentences.
Holdiay report was a bear trap imo, saw people saying the decrease in revenue was bearish blah blah blah. Lies. Comparitve store sales rose 5% and thats with some towns having like 4 gamestops. When the leases dont get renewed and these stores get liquidated (Also in Ryan cohens letter) they can just get this influx of cash and pay down debt and invest in logistics and marketing and new growth. Gamestop realistically needs like 1/2 the stores they have now and just need to improve efficiency.
https://www.entrepreneur.com/article/349890 this article the messiah himself wrote. In it he states:

At Chewy, we had maniacal discipline when it came to how we spent money. The company-wide culture of frugality came from his example. Free cash flow was our unwavering governor of growth. We grew Chewy from $200 million in sales in 2013 to $3.5 billion in 2018 while spending only $130 million in capital, all of which went into opening distribution centers across the country and acquiring new customers.

Maniacal. Thats all I need to say. The guy is going to get to mars before papa musk and he wont even break a sweat. When FCF starts to catch up to WS expectations every analyst who donwgraded them is gonna get ditched and upgrades will start to happen.
So in the heading i said its a steal. That implies some future higher price target right? Well here is my guess for a conservative price target based on the information above and also some more I probably forgot cos im a retard.
​
The difference is where share price looks to be and where market cap places us is due to difference in outstanding shares (another reason shorts are fuk)

The difference is where share price looks to be and where market cap places us is due to difference in outstanding shares (another reason shorts are fuk)

This alone means if for not inflation adjusted terms we reached 9.8Bn or whatever the crayon chart says we should reach:
9.8/2.48 = ~3.95 3.95 * $35.5 = ~$140. The share price now to reach old mkt cap is $140 fucking dollars. Thats a 4 bagger from now. It gets better.
from statista :

Considering the annual inflation rate in the United States in recent years, a 2.24 percent inflation rate is a very moderate projection.

If we take 2.24% inflation, the this share price target in todays money means we should reach $182 because of $140 * 1.0224^12, = $182 in adjusted. Thats more than a 5 bagger. basically we could see $10 GME price from short manipulation and buying more is basically a lottery ticket!
I really dont understand the bear thesis. The only bear thesis ( short term this one) was that margin would affect longs more but I looked at it on ortex and its basically bullshit. Buy shares with cash though dont use margin. Own your piece of GME dont borrow it. Bears just spout "DigITaL" or "BlOCKbuSTER" so much Ryan tweeted a shit emoji at them. All the bears think theyre clever. What the fuck makes those cucks special? How are they different now than the ones from $2, or $4, or $10.
Bears are betting against:
Ryan fucking cohen, buisness legend CHEWY from 100k investment, now 40 billion
Michael burry, Investing legend, predicted the housing crisis and is in GME since april
u/DeepFuckingValue , the new WSB god chad, now basically a whale
Reggie Fils-Aimé, gaming and buisness legend, former COO of nintendo
Senvest, a mega fund thats actively managed
Norweigan sovereign wealth fund
Fidelity, Vanguard and blackrock own this shit and are never selling they literally dont give a shit
All of WSB has now formed a shield wall against the bears
Microsoft gave GME highly discounted azure deals and free office use for all employees and a revenue sharing agreement. Bears are stupid if they think MSFT didnt vet GME.
​
Some valid bear thesis left now (the only ones left) -- Ryan Cohen dies.

2. Now some analysis on the short squeeze and some technical data on puts and calls and ortex data.

Ok everyone on here and their cat, dog, bedbugs and wifes boyfriend knows about the squeeze. Jimmy chill aka cramer even talking about it. Gamestop is literally the most shorted stock of all time and space. The squeeze makes every autist salivate because its basically free money while cucking big money out of like what 1% of their fund.
Although I know all you cucks hate shares, and hate holding, if the squeeze doesnt happen selling is probably the most retarded thing anyone could do. Its literally buy high sell low and you fucking disgust me. STONK ONLY GOES UP.
This squeeze is so monumental that its been sucking sharks in like fresh blood. Most of the funds where shorting this from 30-15 dollars before this year so they didnt really care. It all changed with 2 people. u/DeepFuckingValue and Dr. Michael Burry. These guys are as OG as it gets with GME. I think u/DeepFuckingValue may have even sniffed this trade out before the legend himself. Since then funds will have churned this through their rules and started jumping on this train. Ive been in since $13 with 125 shares. If I had more money Id be buying but im just some stupid student ok. Im merely a medium for this money made information.
The stats for this stock now short wise are, from ortex:
Concrete short interest as of 31 December 2020: 71 Million.
Estimated short interest, January 11th data: (This isnt predicted, this is from data in flow, has margin of error) : 77 Million
Short shares on loan 7 days ago: 50 Million
Short shares on loan now (This breaks the bearish margin calls affect longs more thesis): 54.2 Million
% of known float short: 147% as of 31 December 2020
% of know free float on loaned shorts: 108% as of January 11th.
Some guy on here took into account extra buying on wednesday, Institutions, Burry, RC's extra 7% and WSB ownership (something so stupendously retarded no serious firm will do it) that float on short could be in the 100s of %. Total short float now I would say could be 200-400% if the numbers are correct. This pisses on all other short squeezes. Some countries ban shorting above 100% cos of how autistic it is.
The recent hike in interactive brokers available shares is probably a mix of sell off on friday (remember some guys are now buying lambos with GME money. If they held they could buy 10), calls exercising and puts being covered and brokers ditching the shares. Nakedshort even reported 5 million naked GME shorts on friday. This is bullish as fuck because the best the shorts could do on a red market day was -10%.
Gamestop is still on the SECs threshold list for 27 days now.
This shows naked short selling and downwards pressure hasnt capitulated
Need rockets 🚀 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀:
Ok so now if WSB owns an estimated 6-8% of the stock and we all know to move over to cash accounts now to avoid margin calls, we should be minimizing longs getting margin called. Every bear on stockwits is a clueless cuck who spouts "blockbuster" and these guys dont even know what margin even is so my bet is the colossal 54 Million shares short on loan are gonna be affected by the margin calls more. Why? Because every long on margin is in the green, and now a true zealot/extremist/autist for ryan cohen so will supply their account with collateral to avoid margin call. Shorts are in the massive red zone. How do I know you ask?
Ortex data from Jan 4th 2021:
This is the data from ortex for short interest for Gamestop for Jan 4th
So this shows for jan 4th the estimated short interest is 66.98 Million shares. From the exchange reported 71 Million on december 31st this makes a lot of sense because the share price fell from ~21 to ~17 so shorts took profits. The shares on loan arent for longs too. This is all purely short data, and 47M shorted at $17 this shows.
These shorts are in a circle of hell we cant comprehend and makes satan scared.
🚀 🚀 🚀 🚀 🚀 🚀 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
Now for the data for this week:
​
Ortex short data for Jan 14th for Gamestop
SHARES ON LOAN HAVE GONE UP. BUT 87% OF LOANED SHORTS WHERE SHORTING AT SUB $20.
Cost to borrow is also up, estimated short interest is up to a cataclysmic amount.
Longs on margin need to supply collateral, but we are in the massive green zone, shorts are underwater. Margin calls will ravage the shorts and sting the longs. We also have the uptick rule in place until the end of the day, so shorts can only short on the way up. Im not saying itll happen but this shit is skewed in our favour big time. we need to 💎🙌💎🙌💎🙌💎🙌💎🙌💎🙌💎🙌💎🙌.
🚀 🚀 🚀 🚀 🚀 🚀 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
Seen a lot of talk about Gamma hedging and delta.
You realize that the fucking bankers and brokers dont understand gamma hedging right? That shits up their with the black-scholes equation and feynman-kac solution. Forget about it. The retards claiming to understand it are either payed by hedge funds or lose money. The guy who took out outs thinking options exercising and gamma hedging would lead to a collossal sell off on friday lost money on his puts because no one except some quants in a goldman sachs server room know this shit. The idea is simple about neutral delta on options that people take out, but the simple system interacts with every other thing in the stock market, and wow who couldve guessed it, like nearly any other element of the stock market predicting something by the day is nigh impossible. That guy talking about Gamma , Delta and margin calls is on weeklies. Hes no more autistic and equally retarded as all of us. Hes a chill guy though so dont berate a fellow brother.
Now weve established the likelihood of longs getting margin called is far smaller than shorts, on to the options distributions
Two images now: Top one is before the end of the 15th, the other one is after market close:
​
This shows the suspected melvin puts (51000 contracts, 5 Million shares, rolled up from july, strike price $24) and lots of big ITM calls.
🚀 🚀 🚀 🚀 🚀 🚀 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
This shows the big put contract didnt get rolled over and the big ITM calls got exercised on friday. Large puts are underwater big timem while calls are in the big tendy zone.
These two graphs, show before market close and after. As we can see the massiver 51000 put contracts didnt get rolled over and the chances that those were melvins july puts rolled up is very high. They expired worthless. Lots of calls are printing big time while huge amounts of puts are worthless and bleeding money.
Something else we can extrapolate from the charts is that massive options trades are not present on the scale we saw before (tens of thousands).
🚀 🚀 🚀 🚀 🚀 🚀 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
We are seeing a discrepancy in the number of puts/calls opening up at the higher prices with calls gaining fast. This could show that some funds are now becoming optimistic on the long or short term prospects of gamestop. There are also more puts than options and if we assume this for shorts vs longs on margin (without even taking into account that all shorts are borrowed shares and pay interest further bleeding cash) then shorts are likely on more margin than longs.
Regardless fellow autists my main point is two show that the bears are underwater and the bulls are flying high with regards to options.
Now lets compare this possible squeeze with others.
Bear in mind this is the most shorted stock of all time, but differences in free float change the share price differently.
Kodak went from $2.16 to $33.2
Volkswagen went from ~200 euro to nearly 1000.
Overstock went from ~$21 to $123
Blue apron went from $2.31 to $18
Ive been seeing some estimated that 1 million shares is roughly a dollars move in share price. This maths is about to be pretty autistic so bear with me degnerates.
$1 now is 2.81% of the share price. Everything in the markets is exponential and based on percentages. So if we assume a full squeeze of ortexs estimated short interest (This assumes no sell off and no new shorts, new shorts can be positive or negative depedning on when in the squeeze they happen) $35.5 * 1.0281^77 = $299. GME to moon. 🌑 .
This shit can happen. Hold on.
GME has squeezed and been manipulated before and it always happens around the console cycles. Shorts never win and they wont win now.
​
This post right here I found months ago and got me in the squeeze from the honourable and valiant u/Uberkikz aka Rod Alzman
Basically the crayon chart shows green (outstanding shares) orange ( short shares) purple (Market cap) and cyan (Share price). In 2006-2008 the share price rose in tandem with short interest ( Like now ) Until console releases when you can see an abrupt squeeze happend mooning the share price.
This happend to a degree in 2013 with the xbox one but worse conditions for the company and a worse console launch lead to slow short covering but the share price still mooned.
Now we get to the best part. History is repeating itself for the third time and the shares sold short are literally higher than the outstanding shares, which have been decreasing since 2010. Short shares are also at the highest point ever and GME hasnt had a brighter future, well ever. Ps5 and Xbox Series X. are the two most hyped consoles since the Ps2. This is setting up the foundations for massive price movements weve never seen before. This shit has literally never happend, ever. Uncharted waters and we are the captain.
For the insurmountably retarded autists who think that the squeeze has happend look upon this and despair:
https://www.reddit.com/wallstreetbets/comments/kwpf6k/gme_gang_there_hasnt_been_a_short_squeeze_yet/
IHOR IS A MEGA WIZARD
Ihor I quote:

A long-buying tsunami ... is the primary factor for the price move

Ihor Dusaniwsky is managing director of predictive analytics at S3 a firm similar to ortex. He told bloomberg that the squeeze hasnt happend yet and that this was long buying. If someone knows this shit its him. He was talking about the tesla squeeze in january 2020. He has access to resources we can only imagine. Barrons cut his comment that the squeeze hasnt happend yet out it was that fucking bullish. All the media ramming down "Short squeeze has happend" down peoples throats because bears are fucking scared.
The bots on stocktwits spamming bearish sentiment should show how rattled they are.
Edit: You fucking degens just enlightened me that cramer pump is real, funds are ruminating over the long weekend, and stmmy bills pumps stonks and that stimmy bill buys many an xbox. See you at andromeda! Also more rockets.
Edit**: Some autists thought lottery ticket was misleading so instead, gauranteed lottery numbers!**
Edit 3: RYAN FUCKING COHEN TWEETED THE HOMIE JUST TWEETED. PEANUT EMOJI. HES 1) NUTTING 2) SAYING 35 IS PEANUTS 3) GIF SAYS THERES A CHANCE, SHORT SQUEEZE IMMENINT HOMIES
Edit 4: Amazing post here showing that unlucky prize guy was wrong like I said. Ihor also talked about the hypothecation agreement.
Edit 5: This is true and I forgot to add

from u/luncheonmeat79 via /wallstreetbets sent 2 minutes ago
There’s also the chance of a ratings upgrade. Moody’s and S&P have GME at B3 and B-, which is rated “highly speculative”. Ratings are reviewed every quarter, and a review might be due this month (i.e. this coming week or next). Good chance that the agencies might upgrade GME to a B2/B, or even better to the next higher band (Ba/BB).

Edit 6: We are scraping 42 in frankfurt. Granted its low volumes but pre market should open at these prices I think?
Conclusion: Buy shares with cash not margin. Hold shares forever unless RC dies (Shame hes a cybernetic demigod), Melvin bad, Shorts fuk, 🐻 🌈 posting bearish shit are doing weeklies for the second time after they expired red on friday, GME to $200 without squeeze, Ryan cohen a god, GME is still a value play, Good luck have fun.

In today's edition of DDDD (Data-Driven DD), we’ll be going over over the details about what happened this week with GME, the drama around Robinhood and other brokers, and take a close look at some data to determine whether or not GME and other various meme / high SI stocks such as AMC, BBBY, FIZZ, LGND, and BB will continue 🚀🚀🚀in its short squeeze this week, and how this all could lead to widespread stock market crash and financial crisis. But first, something to cover my ass for the SEC investigators combing through this Subreddit
Disclaimer - This is not financial advice, and a lot of the content below is my personal opinion and for ENTERTAINMENT PURPOSES ONLY. In fact, the numbers, facts, or explanations presented below could be wrong and be made up and with some satire thrown in. Don't buy random options because some person on the internet says so. Do your own research and come to your own conclusions on what you should do with your own money, and how levered you want to be based on your personal risk tolerance.

What Exactly Happened at Robinhood This Week?

There has been plenty of speculation this week about what exactly went down and unverified (although reasonable) rumors on why Robinhood did this. I’ll go over the top two theories before taking a deep dive into the “official” reason given by Robinhood.
Pressure from the White House and Sequoia according to a Robinhood employee
This statement has been refuted by Sequoia. I personally wouldn’t believe the Sequoia part since I don’t really know what they would gain from it - they’re a Venture Capital firm, not a hedge fund, and would not be actively shorting stocks let alone be trading in stocks. It could be possible that the White House, or someone from the government did contact Robinhood - actually, I’d be pretty shocked if no one called them at some point this week to ask wtf was going on.During this call, they may have been afraid that GameStop’s short squeeze would have triggered a major financial crisis due to hedge funds collapsing and de-grossing, causing a mass selloff similar to what was seen in 2008 and in March 2020 - I’ll talk more about this later. Basically, without Robinhood shutting down GME from being bought, it’s actually very possible we would have seen the rest of the stock market collapse last week, and this was something the Biden administration was trying to make sure didn’t happen in the first month in office.
Possible intervention from Citadel Securities
This was a theory I personally believed in initially and would have been a very obvious area of scrutiny for many people. The most straightforward one being the fact that Citadel (the hedge fund) dumped a few billion into Melvin to bail it out a few days ago, who were the very well known shorts of GME. Citadel, the hedge fund, is owned by Citadel LLC, which happens to also run Citadel Securities - a market maker. If you don’t know what this is, go grow a few brain wrinkles and read my previous post about this. Citadel Securities is effectively Robinhood’s sugar daddy, directly being responsible for around 40% of their revenue in 2018 through their payment for order flow (i.e. selling your trades to Citadel, giving them the right of first refusal, and potentially giving you a worse price; this is how they get 0% commission trades btw).
Theoretically, Citadel the hedge fund and Citadel the market maker is run independently and sister companies both owned by Citadel LLC, but anyone can see this being a potential conflict of interest. There’s also a possibility that Citadel Securities losing billions of dollars being short so many GME calls (they write 99% of all options contracts) and probably not being perfectly Gamma and (especially) Vega hedged, so when those two greeks skyrocketed on GME they probably lost tons of money there. According to WSB hero Chamath, he didn’t invest in Robinhood when they came to him on multiple occasions because he thought the founders lacked integrity, implying he believes they might have been the type of people to sell out their users (granted, they already literally do this) and do this type of shit.
The Official Reason - Clearing House Limitations
Let’s get to the official reason put out by Robinhood, which is that their clearing house, in this case the Depository Trust & Clearing Corp, suddenly increased their collateral requirements on GME trades drastically. Apparently, Robinhood is running out of cash, so they weren’t able to provide the cash collateral demanded by DTCC, and hence weren’t able to trade through them. Let’s dumb this down and talk about how brokerages work.
Let’s talk about what a clearing house is and how they work. Imagine Bob wants to sell Dylan a share of GME. There’s a bunch of legal paperwork and logistics for actually transferring over the share, which can take a few days to finalize - this is called settlement. However, you don’t want people being able to back out of this exchange during this process for obvious reasons, so that’s where the clearing house comes in. Let’s call this clearing house Mary. What Mary does is facilitate (clear) this exchange, and ensures both Bob and Dylan follow through with their trade by having them both immediately give Mary cash as collateral while the exchange settles. If one party was no longer able to meet their end of the exchange (eg. Dylan goes bankrupt), Mary acts as an insurer and is responsible for buying the share from Bob instead. If it turned out that Bob was lying about actually owning a share and can't transfer it over to Dylan in time (failure to deliver), Mary is responsible for finding that share for him instead.
Since GME suddenly became very volatile, and the financial soundness of some parties and their ability to deliver their side of the trade have been suddenly called into question (at least on the seller’s side), DTCC decided (...or due to pressure from other sources?) to increase the collateral needed for buying GME to be more than 10x of the proportion of the market value of whatever it was before. Most brokerages reacted to this by disabling margin trading. For some reason, Robinhood went one step further and disabled trading for all accounts, possibly due to their relatively small cash reserves compared to places like Fidelity, and the relatively large number of users who use margin in the platform.

What’s Robinhood Going To Do About GME?

Robinhood’s decision to stop purchases of GME basically got hate from literally everyone, to the point where it somehow united the country in a beautiful way. Here’s a list of things that happened as a result of Robinhood’s decision, for fun

• Ted Cruz retweeted AOC saying he completely agreed with her
• Protests at NYSE and Robinhood HQ
• Class action lawsuit
• Someone paid to have an airplane fly around the Bay Area over Robinhood’s office saying “Suck my nuts Robinhood”
• Angry Robinhood employees were given DoorDash credits for some reason?
• Congressional investigation to Robinhood’s decision
• SEC investigation to Robinhood’s decision

Clearly, this decision has single-handedly made Robinhood the most hated company in the world right now. It’s especially bad given the optics - their mission is to literally “democratize finance”, with the idea of empowering individual retail investors to be on the same level of institutions. This decision, whether intentional or not, has literally gone against everything about Robinhood’s image and mission, and will end the company if not fixed soon. All of this right as Robinhood is planning to launch their IPO.
The people in charge of Robinhood likely know all of this and are doing everything they can to find cash and liquidity to put up the collateral needed to resume GME trading. So far we’ve seen them raise $1B from investors and $500M through lines of credit overnight, although based on the fact that GME is still restricted, that doesn’t seem to be enough. However, in my personal opinion, I think it's likely that Robinhood is doing everything they can to find more money given the situation, and once they do, they will likely re-enable trading on GME. If that happens (which IMO will probably be some time next week), GME and all other high-SI stocks will absolutely 🚀🌝**.**

How GME Almost Caused (and Still Can Cause) a Stock Market Crash

Let’s go over something else interesting that went on as a result of the GME short squeeze - the fact that it started to affect the stock market overall. In fact, the stock market had the largest decline since October across all sectors on Wednesday when GME, AMC, and other high-SI stocks surged, with a very sharp recovery as the meme stocks fell after Robinhood suspending purchases; this was one of the biggest de-grossing of hedge funds in history. Chamath wrote a great Twitter thread about this, so amazing that I’ll just copy-paste his tweets rather than try to explain it better myself.

A children's book explanation of what's happening:
1. If you are "smart money" you are allowed to take your $1 and leverage it up to $15+
2. You can now buy $15 of stock AND if you promise to short companies, you can short $15 of stock as well
3. In finance language, this means that you are $30 "gross" ($15 of longs + $15 of shorts) but $0 net (+$15 of longs -$15 of shorts). This makes everyone feel good because it feels like you are taking zero risk...but in reality, your $1 is exposed to $30 of risk.
4. Now you go around and tell your friends about both your longs and your shorts and when you do it at a restaurant vs on Reddit, its called an "ideas dinner".
5. You also publish your longs on a quarterly lag via an SEC rule. You don't have to tell anyone about your shorts.
6. Now the less cool people who weren't invited to the ideas dinners, start copying your longs based on your report.
7. You realize that publicizing your shorts is also a good idea so instead of only selling stocks, you also BUY options (puts) which has to be reported.
8. Now everyone can see both your longs and your shorts and if you have a hot hand, you can likely predict that the cool people from the dinner as well as the less cool people monitoring your filings will copy you.
9. But then an outsider notices that the math is way off!
10. Apparently, some of these shorts that you own represent more than 100% of the entire stock of the company. Huh?
11. So he grabs his chicken fingers and champagne and buys, starts a massive short squeeze. 12. Other's see what's happening and they jump in.
13. Now a massive short squeeze starts. You have to cover your shorts ASAP. But the banks also notice that you don't have enough credit to cover the $30 they lent you and ask for more collateral. You now also have to sell your long positions.
14. What happens next is that a cascade of short covering and long selling starts driving some stocks to the moon and others way down. Which stocks went up? Basically the ones that were the most heavily shorted by you and your buddies in the first place.

Hedge fund grossing / de-grossing
In other words, as stocks like GME go up, the highly-leveraged hedge funds that are shorting these stocks are forced to sell their longs as they cover their shorts. Most retail investors are limited to 2x leverage, but since hedge funds are “hedged” by taking short and long positions, they can be up to 30x levered since theoretically they would be shielded from external events that cause all stocks to go up or down in price (i.e. Beta neutral), so they’re “safer”. To get out of these short positions, they will need to massively unwind their long positions as well so they can still have a reasonable “Net Exposure”, triggering a sell-off in those stocks.
A very similar thing actually happened in March (with risk-parity) causing hedge funds to similarly massively de-gross, and literally everything from GLD to even AMZN’s stock price dropping as a result, even though theoretically COVID-19 would’ve been good for both from a fundamental basis, as we saw later on. It’s very likely that if Robinhood hadn’t stopped purchases of GME, many more hedge funds shorts would have had their shorts blow up and be forced to continue to de-gross causing a widespread stock market crash, potentially being the catalyst for finally popping the decade-long liquidity (leverage)-fueled asset bubble we’ve been experiencing. In fact, this could still happen since it doesn’t look like hedge funds have learned their lesson and are still heavily short GME with Net Shares Shorts barely moving this week according to S3 Partners. Furthermore, despite seeing the largest de-grossing of hedge funds since 2009, gross exposure (aka leverage) of hedge funds still remains close to record-high levels.
TLDR
In case your attention span was too short to read everything above,

1. Robinhood is going to be doing everything they can to raise cash to resume GME purchases, when this happen GME 🚀🌝
2. Much of the stock market’s value is held by over-leveraged hedge funds, so if GME (and other common shorts) 🚀🌝 the rest of the stock market might collapse around it (EDIT - as hedge funds re-consider their long / short strategy), triggering a financial crisis

Now, just to be clear, buying GME right now is joining a game of hot potato; the longer you hold the potato the more tendies you get to eat for dinner, but at some point this will all blow up and when it does someone will be the bagholder - and right now everyone is rooting for these bagholders to be the hedge funds that are short GME. That being said, with Short Interest barely moving this week, this day of reckoning doesn’t look like it’ll be coming in the next few days and for reasons mentioned above, it’s probably more likely for GME to reach $1K next week than the probability that it’ll fall below $100.
Or in other words, I like these stocks.
EDIT - Appearently S3 Partners just contradicted their tweet on Friday and now indicate that shares short of GME have dipped below 30M shares. Still highly shorted compared to most other stocks, fwiw.
EDIT2 - Getting alot of questions on how one short position in a small cap can do this, and my answer is that GME alone wouldn't cause a financial crisis, but rather what GME represents, which is disproving that hedge funds that a long / short strategy (i.e. taking out additional leverage to short similar companies they long) is unviable; The word from my hedge fund friends is that this type of thing would have been considered a six-sigma event, or one in a billion chance of happening; which is obviously no longer true. Hedge funds seeing Melvin go down will probably start re-consider their short books. This on mass will cause a mass short-covering and also sell-off of their longs. Hedge funds levering up using cheap money has been the basis of the stock market's rise the past year - how do you think money magically goes from Powell's money printer to the stock market?