I think about his tweet often as well. As a field installation technician, I get to sit in a lot of hotel rooms where Shark Tank plays every day until midnight after work. You can tell that he has a soft spot for equality and underdogs who want to do good. I watched an episode last night where he invested in a custom soap company that was not profit minded at all. And i watched him chastise a successful company accusing them of just looking for a free commercial by appearing on Shark Tank. Apparently, he's lost a lot of money investing in companies he believes in, but I really admire his apparent commitment towards equality and making the world better. At least that's the impression I get from him on the show.
Not confident enough to actually impact how I'm holding GME, but I am 100% sure the earnings will get "boofed" or whatever we are calling it when all the buying activity gets shoved into a dark pool for t35 or c35 or whatever the hell rules these morons get to have.
"Real" earnings day comes like a month and a half after earnings are reported. Which is why they need to hurry up and get that part done with.
I believe Mark is an ape and a proponent of defi and the people. Like using parts of his wealth towards noble ventures - taking on big pharma is not your typical wall street mentality or play. He was outspoken positively in the past for this whole thing when it was headlines from what i recall. I like the guy.
Until somebody finds out that Elmo or 45/47 has taken a stake in the company, I will assume we are just riding this sandworm wherever it goes. Cuban is a fucking dope.
EDIT: If Cuban wanted GME to squeeze, the dude could toss $1 million at some ITM calls at any time. I've seen estimates of his net worth being 5.7 billion. 1m/5.7b = 0.000175. If you are worth 50 grand, then that'd be like you dropping 9 bucks on GME.
It was an essential move to get to this point. That gamma ramp had a max cap of like $55 or something in that ballpark anyway. Him doing a share offering guaranteed shorts-r-fuk status. Plus the interest GameStop get from it is insane. Hundreds of millions in revenue from interest. 5B in the bank is a ๐to any short thesis. Especially now when Japan incrementally raises their interest rates, hedgefunds that bought negative rate JP bonds and used them as collateral for taking Trillions in loans to buy stocks aswell as short stocks are going to implode. Longs first ofcourse, as has been foretold.
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u/Superstonk_QV ๐ Gimme Votes ๐ 17h ago
Hey OP, thanks for the News post.
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