Good morning everyone, this is an important update to what happened yesterday!
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First of all: I made a prediction in my post yesterday . The prediction would've become reality, if Hedgies didn't overshort with fake shares (more about that in a second). Why do I tell you this? I literally received death threats and insults when the market ended. Just a heads up: Those are PREDICTIONS, they can be faulty at times, especially when Hedgies do such unexpected things, that no Data can predict (again, more about that in a second). So please, for the love of god, don't harass me, insult me, or send me death threats when something like that happens. I understand your frustration, but don't target me.
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Now the juicy stuff; What exactly happened yesterday? Here is a timeline:
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9:35 AM: The market opened and we had a huge drop off in price and a HUGE spike in volume. Hedgefunds shorted over 18,363,000 Shares (over the first 5 minutes. The amount of shorting was so aggressive, that trading got halted twice within the first minutes.
https://preview.redd.it/w8qgdhc52tj61.png?width=1174&format=png&auto=webp&s=312ade6cbbff842f8f1c2b85707b9ee414bc5af4
9:45 AM TO 1:50 PM: Trading pretty much went in our favor the whole time, people kept buying in, we hit the daily high of $185 at around 1PM and went sideways for almost 1 hour after that
https://preview.redd.it/y22hod9b2tj61.png?width=622&format=png&auto=webp&s=bfc15d4f0d31ef8a0f2f1ebfaa90c412711b4b22
1:55PM: Shit gets interesting. Really aggressive shorting for the second time that day brings the price down to $126. At that point in time, between 5,000,000 and 7,000,000 shares were shorted in the blink of an eye. What stood out for me at that point in time is, that the price kept going in the same direction after every short attack (between $100 and $125). That tells me, it was really important to get the price down in that direction. (more in a few seconds)
https://preview.redd.it/osl59mnb2tj61.png?width=525&format=png&auto=webp&s=dfb0f9aa432f6ca45348aa39708ba4786f6f6572
2PM TO 3:25PM: People buying in again, driving the price up to $140 - $150. And Now shit gets juicy.
https://preview.redd.it/ha1vws1c2tj61.png?width=1049&format=png&auto=webp&s=dd0bd0a7e87335c977ce9581b3a19ef335e37c31
3:30PM TO 4:00PM: The 3rd aggressive short attack begins and keeps on going for 30 minutes, until the market closes. 10,000,000 shares were shorted in this time span.
https://preview.redd.it/7hp3ktgc2tj61.png?width=1177&format=png&auto=webp&s=e4c655e876c22f10194d1e86c2e8c0edfe03e787
NOW THE ANALYSIS:
WHERE DID THEY GET SO MANY SHARES TO SHORT GME AND WHY WAS IT NOT PREDICTABLE?
So, how could no one forsee this? It's simple: Hedgefunds didn't borrow shares to short, they created them out of thin air. When the market opened yesterday, ALL available $GME Shares to borrow, were gone already (see my second edit from yesterday: EDIT2 (10AM): 0 SHORTS AVAILABLE FOR $GME RIGHT NOW. THEY BORROWED OVER 2,100,000 SHARES TO SHORT FOR YESTERDAY AND TODAY! (https://fintel.io/ss/us/gme; https://iborrowdesk.com/report/GME) What does this mean? Well, no one can predict or analyse how deep they are digging their grave right now, because they are not using real shares to short GME. They can just keep doing it in order to hold the price down artificially.
WHAT HAPPENS WHEN WE ADD UP TO SHORTS AND PRICE DIPS MENTIONED ABOVE?
Now it just gets stupidly funny and obvious. If we add up the three big short attacks (18,363,000 right at opening, 5,000,000 to 7,000,000 at noon and about 10,000,000 right before close), we get 33,363,000 shares sold short over the day. Why is this funny and obvious? Check the latest FINRA report. It states that yesterday more than 33,000,000 were sold short. That's almost exactly the number th