Hello, dear WSB, it's Roman here, it's been awhile!
Some of you may remember me as a triangles lover, SPY 🌈🐻 doomer, Meminem - Degen creator or the guy who got to CBS news for the AMC TA with an inverted MC Hammer and a bull humping a bear. Most importantly, I am the retard to make a GME bet a couple of months ago, where I would have to shave my precious beard provided GME stonk shares don't reach thousands. It's August already, GME is still in lower hundreds, and I feel obliged to make my next move. After several weeks of thoughtful consideration and research, I have finally made a decision to...
Double down on my bet, like any decent retard residing in this cozy place would do.
But first things first, let's revise the original bet, the underlying post and analysis.
(I’m not a financial advisor, just a retard who enjoys writing big texts and making risky bets)
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Chapter I. The short, the squeeze, and the ugly manipulation
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Ok, so a couple(ish) of moths ago I handcrafted that TA thesis (on which the beard bet is based) for GME price action and its potential move to lower thousands as the short squeeze progresses:
https://preview.redd.it/5sldutzq33j71.jpg?width=2388&format=pjpg&auto=webp&s=361a46ce8b8d54a87703e2409bc1896e50c9ae15
The thesis above was not a generic 'you are here' type of posts you got used to seeing occasionally here and there through the last half a year. Rather, it was a fair attempt to critically assess the stonk's technical setup through the prism of the two most famous SS historical examples:
The OC post and analysis (which is still worth your reading, especially if you want to grasp this chapter of the post in greater detail) took me a lot of effort to produce, and I am still proud to have done this work, distilling the essential components of a short squeeze structure, and creating at least some sort of a framework to apply in cases like the current one. However, GME price during the summer did not follow the pattern, and particularly its most anticipated triangular 'Squieezluminati Confirmed' stage.
by Pink Floyd is one of my favourite songs
Does it render the whole thing void? Well, that's what I've been thinking in August while morally preparing myself for the beard apostasy. But something didn't quiet fit, and I kept digging. Just to stumble upon this:
Looks familiar, doesn't it? Ladies and apemen, with a great pleasure I present you