>>60833917
Naked short selling is incredibly dangerous because the need to close shorts (buy back) can drive the price higher. The internet-hive mind has sniffed out a dangerously shorted stock in GME. The price spiked to $480 in January 2021 and overnight spiked to $80 in May 2024.
Price moves high on stocks all the time. So why is this such a big deal? It's because the number of shares sold are basically IOUs that were created with a miniscule entry price. Short sellers are dangerously underwater on the shares they counterfeited. They also can't close their shorts because no one is selling (GME is debt free, profitable, and has $9BN in cash). The shorts now have to buy back shares from buyers who know we don't have to sell. The price can run to infinity and everyone paying attention is well aware that we don't have to see for any price. MMTLP is a stock that had trades settle for $24,000 per share. So most of us here are likely multi multi millionaires. Some people around here are potential billionaires as well.

>>60680204
See
>>60680295
We don't want anything to do with this balance sheet. It looks like a balloon waiting to get pricked. The complex networking of swaps and derivatives could make this infinitely MORE dangerous that you see at first glance here. (certainly not less dangerous)

>>60662749
It has $9BN in cash on hand, no debt, and a $10BN market cap. It has also been theorized that a massive short squeeze is latent in this stock which is why the company has such a bizarre valuation.
During the 2008 crash, VW literally did the exact opposite which is charactering of naked-short-sold securities.
A crash is a cascade of selling.
Naked short sold equities such as GME (and VW) have the opposite problem. They have a cascade of market BUYING.
Smart money is seeing the similarities and finding that the systemic-naked-short-selling thesis is 100% factually real. So game theory shows that all you need to do is buy up as much as you can. This 100% shields you from market collapse and will also give you the opportunitity of a lifetime to sell an asset at its all time high to buy up blue chips and everything else when they are on a firesale.
This is 100% proven FACT and there is nothing that can be done to stop it.