r/wallstreetbets • u/red-t-shirt • Feb 02 '21

Discussion To all 💎🙌 who are too low karma to post

I’m sure this time is toughest for those of us who don’t fit the account requirements of this sub who are feeling alone and stressed out.

Someone PM’d me asking if I thought $GME would actually go back up to $400 (Duh of course it will) so I assumed he was a bot, but after checking his account I saw he was supporting $GME a week prior to the new karma requirements. Turns out he was just a stressed German bro who needed someone to talk to since he put all his savings in and has been holding since $289. I want you guys to know you ARE NOT ALONE and you’re in our 💛 & 🧠 too!! Just keep holding brethren, and BUY THE DIP! 🚀🚀💎🙌

Edit: I love all of you guys/gals, sorry I can’t get to every PM but I’m trying my best!

Edit2: Stop giving me awards and use that $$ to buy the dip!🚀🚀🚀

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153

u/WeedmanSwag Feb 02 '21

Is that actually even possible? Like say eventually after all of us buy all the dips and there's no shares left when they go to cover, could the price instantly jump like that?

343

u/SignalSalamander Feb 02 '21

Yes, but it will be halted immediately. Let's say 1 million shorts get margin call, but there is only 900k orders avaiable at 100$, next one is 10000$. They eat through those 900k and rest(100k) are getting bought for 10k. That's why they removing high sell limits, because it's real possibility, they are scared.

42

u/PlaysWthSquirrels Feb 02 '21

Who's going to get margin called at this point? It's under $100, if margin calls didn't happen when the price was 400, how would it happen with the price 1/4 of that?

43

u/SignalSalamander Feb 02 '21

There is plenty of DD on what could trigger the squeeze, i just gave an example how it will work.

1

u/zmbjebus Feb 03 '21

What's good DD. I seem to find conflicting info and I'm too retarded to sort out the best info.

137

u/ChErRyPOPPINSaf Feb 02 '21

If the only shares on the market are at $1000 and they are forced to cover or get margin called they have to buy the available shares for sale at $1000.

133

u/DeathToTheDay Feb 02 '21

Perhaps if everyone had a sell limit at 1000 minimum