this post was submitted on 07 Jun 2024
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DRS Your GME
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I’m smooth too so take this with a grain of salt. This is long term bullish. They aren’t going to let the price go too low, they’re just slowly stacking cash for future plans. Shorts didn’t even begin to close on this run up. It was simply a gamma ramp and those long dated swaps that all stacked up around June. This allows GME to take advantage of the temporary price volatility. Not financial advice.