The Reddit GME short squeeze game plan (143 days old)
I started following WSB just before this one.. it was calm then.<p>There was also a post along the lines of &quot;there are ~50M public shares, 2M of us, if everyone bought 25 shares, we own GME!&quot; At that stage, it was trading between $5-10 so for ~$250, it was silly but not impossible.<p>But the point is that NONE of this information or analysis was secret, conducted in back rooms, or even hard to find. If you didn&#x27;t know the terminology and implications, it might be hard to decipher without someone else doing the heavy lifting but that&#x27;s no different than any other market analysis.<p>For WSB, this is a perfect <i>positive black swan</i>. The downside was capped ($250 at the time) and the upside is unlimited.<p>CNBC, et al need to look past the shitposting and see this is a new creature.