Last year Overstock ($OSTK) issued a crypto dividend (hmm, wonder why GME paid off all its debts early, they can now issue dividends).
By creating a custom crypto dividend this would force ALL shorts to cover due to the fact Ole Ken sucks toes, Melvin gobbles gilfs, and Vlad the queer beer wouldn’t be able to provide the crypto as only GameStop could provide the crypto.
So let’s do some simple meth ahem I meant math 😳 on Overstocks little teaspoon of a comparison fucking squeeze.
$OSTK on March 13, 2020 was trading for $3.23 and just five months later on August 21, 2020 it went up to a juicy $121.09 damn that’s a sexy squeeze right? 🌚
Well guess fucking what mate the short interest was only fucking 13.8%…there was 5.8 million shares shorted out of 42 million
So that’s a 3,749% increase in price.
Hehehe, here’s where the fun begins
So let’s take the minimum amount of short interest we have based off institutional holdings and all other calculations us wrinkle brained chimpino apes have done and let’s assume the minimum short interest calculation we have to work with is only 140%.
Now we’d have a 38,033.33% increase at GameStops current fucking price.
After hours close as of 4/16 is at $160.99 so using these calculations for the minimum projected squeeze target is $61,229.33. Hot damn this isn’t even including FTDs, OTC shares, all the other bullshit hedgies have thrown into our glorious oven where the tendies are being fucking baked and seasoned to perfection. Assuming all the other seasonings for our tendies our projections of 1-10-100 million are NOT “unrealistic targets.”
Now let’s also take a look at the ticker $DGAZF
The stock had a short interest of 45% and went from a mere $400 a share all the way up to $25,000 a share.
So, take a chill pill, a boner pill, maybe some whiskey or rum, or suck a big 🐔 (if you’re a shill) and wait for the largest redistribution of wealth in history to occur.
I also want to discuss how there’s a large influx of shill posts trying to stir drama for no reason or karma farming posts that have no true worth. Take a step back before posting and ask whether we can take something away from your post or you’re just going on a pointless rant.
Let’s get something very clear: when someone says that their FLOOR is XXXXXX that does NOT mean it is the CEILING, PLEASE KNOW THE DIFFERENCE BETWEEN A FLOOR AND A CEILING.
Thank you DFV for staying true and giving the 99% hope. I’ve lost my job this pandemic and it’s been tough mentally but once this rocket takes off I will never forget the unity we’ve had on this sub…I will get a tattoo as remembrance once we hit over $25,000. I vow to make the world a better place, as well as many other 💎🙌🦍 So cheers everybody, here’s to new beginnings, a brighter future for the world as we know it, and let’s never forget where we came from.