Hi guys. Yes itâs Jack. I do post my johnson on here but I also have a finance degree: I feel morally obligated to tell you Somethingâs seriously wrong with $GME and nobodyâs talking about it.â¨Letâs walk through the data no BS, just mechanics:
1They made a new ETF ($GMEU) to control $GME.
Itâs already broken.
All the shares are gone.
Price is trading lower than it should.
And it costs money just to borrow it now.
Thatâs not normal. $GMEU launched 2 weeks ago.â¨Since then itâs:
â˘Traded under NAV
â˘Bled all borrowable shares
â˘Hit a 6%+ borrow fee
â¨All while $GME trades sideways/up.â¨Thatâs not normal. Thatâs evidence of hidden synthetic (naked) shorts.
2. The old ETF $XRT they used in 2021 is ALSO acting weird.
- Low shares, price not matching up
- borrow cost rising.
They're out of tricks.
$GME isnât going down. Itâs going up or sideways.â¨So ask yourself:â¨Why would they short something that isnât fallingâ¨AND pay for the privilege to do it?â¨(theyâre losing control)
3.
The company itself is stacked:
â˘$6 billion cash
â˘No debt
â˘Profitable
â˘Board doesnât even take a salary
â˘They just raised $1.3B more to buy Bitcoin
This isnât âGameStop the video game storeâ anymore.â¨Ryan cohen is beginning to structure it as a holding vehicle(think Berkshire Hathaway not Mario and luigi).
4.
Insiders are all buying more.â¨Ryan Cohen (the CEO)? GME is the only stock he owns.â¨Heâs on margin. That means heâs leveraged long.â¨Heâs not playing around.
5.
Because of the 6B cash on hand their fair value per share is $24 (this means the price floor is only $3 away from the current trading price of $27) = hardly any downside risk.
idk think about it lol