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Posted by u/rustincohle 1 month ago Why GME could squeeze as early as tomorrow DD Came across noise that GME has been on the reg sho threshold list for almost 13 consecutive trading days so I decided to do some digging and boy did I find something interesting. So interesting that I dare predict a short squeeze could happen as early as tomorrow. The magnitude of the squeeze is something that will be hard to tell, and could be dependent on factors currently unknown to us, but it will definitely be an early christmas present for many. What does it mean to be listed on the threshold list and what happens on the 13th consecutive day? The Regulation SHO Threshold Security List was created by the SEC in 2005 to reduce naked short selling. Stocks appear on this list when at least 0.5% of shares outstanding failed to be settled for 5 consecutive days or more. If a stock is on the list for 13 consecutive trading days, participants will be forced to close any settlement failures (a.k.a cover the naked shorts). Is GME on the threshold list? You bet. 12 consecutive trading days starting from 8th December 2020. Quick maths mean the 13th consecutive day would fall on 24th December 2020. Shorts will be forced to cover tomorrow basically. https://preview.redd.it/wm6n09bbs1761.png? width=1145&format=png&auto=webp&s=552c76e3fdf51d81989e7021f53316385030a4ad Has this happened before? Yes. 12 consecutive days starting from 22 September 2020. Quick maths mean the 13th consecutive day fell on 8th October 2020. https://preview.redd.it/6r3d53lvs1761.png? width=1111&format=png&auto=webp&s=6a9f42ae5235bbee1b1044b42f8ce5fa6a0f382d

Why GME could squeeze as early as tomorrow


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Uploaded Jan 23, 2021 at 06:16PM EST

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WallStreetBets GameStop Short Squeeze

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/r/wallstreetbets, gamestop, short squeeze, stock, gme, gme gang

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