If I were on the other side of this that’s bad news. That’s almost a Ford GT40 Shirt case scenario.” He said he doesn’t understand the structure of hedge funds and the intricacies of the market. But it clearly doesn’t look good for the other side. “Badass chart. Very bullish.”The short squeeze stuff is a sideshow. If that happens it’s great. But it’s difficult and risky to bet on this stuff. This takes time for it to unfold. It could be a gradual unwind of short interest. But what if it isn’t? *laughs* Your guess is as good as mine because I’m out of my element.” DFV jokes about GME going to $420.69 then insists he’s joking. Again, he is drunk and laughing. “But it’s not impossible.” “If you’re betting on the short squeeze, BE CAREFUL. That is a dangerous risky play.” “I don’t even know if it’s possible.” “BUT…aren’t you like….what the hell’s going on hereDFV is noticing a lot of news media is clueless, making no mention of Ryan Cohen and the bull case for GME. He says it will take time for the bear thesis to completely break based on what the actuality of GME’s transformation actually becomes. And he truly believes RC is the best man to make it happen. Sentiment is beginning to shift, the opportunity is there. DFV is waiting on the rest of smart money to catch on. By 1-19-2021, he was singing Tendieman as other people’s tweets were declaring GME’s bear thesis as dead and that “Sentiment has officially turned
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His final stream on Friday, 1-22-2021 is the stream of legends, especially the first few minutes. Just the magical moment for an investor who got a Ford GT40 Shirt richer a LOT quicker than he expected. Remember when $65 for GME was ridiculously high? You bet DFV remembers. The epic 7-hour stream began around 6:00 EST and he stopped around 1am EST. He tweeted, planning on “stepping away from streaming for a bit” but I think he knew this could be the last one. He wanted it to last as long as possible. These were his original fans he was talking to in chat. I think he knew to some extent his life was about to change forever and he didn’t want the party to stop.GME’s previous all time high was $63. That day GME opened at $42.59, blew past it to $76.76 and closed at $65.01. Also note that DFV never set a concrete price level on where GME should be valued at. He just went “Well I think it’s worth a LOT more than $5 or $10”. He did once refer to GME’s potential turn-around to be a 10-bagger. The reality of that is that the reinvention play hasn’t fully resolved and hasn’t materialized into exactly what that will look like, therefore he couldn’t really make a good price target.
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