Today was a crazy ride, and we've all been following the action the entire time. My opinion is that unless I can find compelling evidence that the squeeze is truly done for and off the table, my conviction has only grown stronger.
Most important things that stick out, all of which really build a case that must not be dismissed:
1) If shorts have covered, we should have noticed reasonable strong upwards momentum, as buying pressure consists of short covering along with retail buying, and a limited float.
2) Past few days we've seen trading volumes below average, likely suppressed demand caused by broker restrictions on buying. Lower volume can make any dump pull the price down easily. Especially when the demand side is getting locked out. Have to mention the timing of which Robinhood locked buying last week as well, coinciding with a massive dip.
3) Look at this image
Notice how AMC & GME have almost identical candlesticks, and the same is in the BB-NOK pair. It is undeniable that a lot of people are buying this stock and holding this stock. Not just in America but all across the world. We have global support.
You would think that with this many people in the trade (whether they are on the buying / selling side) we would see greater variance. This correlation to me looks like obvious manipulation by higher frequency and higher volume algorithmic trading.
It's hard to look at these charts and say that this is natural supply and demand. Seriously, same candlestick patterns on unrelated stocks. This price action is influenced by targeted manipulation to a high degree. Even if people were really selling off like crazy, wouldn't we see more natural candles?
4) We have mainstream media (MSM) covering the "reddit mania" extensively. MSM says reddit is trying to squeeze silver, which is false. You will not find anyone pushing to buy SLV on reddit. In fact, you will see a warning about silver and how many HFs have long positions in it.
5) We've seen an influx of bots on social media (reddit, FB, twitter) promoting silver, spamming that GME squeeze is finished, diverting attention away from the more uninformed audience. Why? If it's finished why the need for these?
6) MSM says the short squeeze mania is over and shorts have covered. If that is true, why are we seeing trade restrictions still on more and more brokers, and nonstop coverage all over TV and the internet. If it's over, why are there so many articles bashing retail to stay away?
7) GME is an outlier in the "failed-to-deliver" statistic, and has been put on NYSE short restriction (uptick rule). Something fishy is going on with the shares in the float.
8) SI% numbers are very conflicting. Especially the numbers that came around 30-50%. It was then later mentioned by someone in S3 that a different calculation was used. If you convert to the old calculation, you still get over 100% SI%. Why are they trying to change it all of a sudden?
To me, this is enough to say we're still in the game. If it's over, let them prove it by crushing GME to $20 and on February 9th we hear the official SI% being low. Then it's finished. Something tells me that it's not over, and this is all a ploy to mitigate the damage they are about to receive when GME eventually triggers the MOASS.
Can't say for sure it's a 100% trip to the moon and beyond, but what's really suggested otherwise? This whole misinformation campaign + price manipulation combo is too important to dismiss.
Remember I'm retard and please make your own financial decisions. This post is based on my observation and speculation.
Position 50 shares GME $210
🚀💎🙌 $GME to the moon 🚀💎🙌
TL;DR - *YES THERE IS LIKELY TO HAVE BEEN A SQUEEZE LAST WEEK, BUT WHAT WE HAVE BEEN SEEING LATELY SUGGESTS THIS IS NOT OVER! MOASS IS POSSIBLE UNTIL PROVEN OTHERWISE! WAIT FOR ACTUAL CONFIRMATION BEFORE THROWI