Who will determine the fate of GME?

The real players here are other hedge funds. Other hedge funds with cash etc, without short positions or long gme are salivating at the mouth at the thought of pushing price of GME up in to 4 figures.

Even they won't determine the outcome. The fate of GME will be determined, as nearly always has in modern times, by Goldman and ilk. Goldman Sachs has the firepower, money and political connections, to get what it wants.

Let me emphasize political connections.

 

And here is how they do it:

 

It's whoever who's got the most $$. So all of us little guys, we have to band together!

Together we have more money!! United we stand, divided we fall!!

 

In the end GME will be recognized as the Blockbuster of the video game industry and will collapse into oblivion. Market forces. the general public and hedge funds company will bring the stock price down to single digits.

 

Here's a scenario to consider: GME raises capital at an insane amount: $100,$200+ per share, allowing all the current shorts to exit at a relatively reasonable price. GME management owes no allegiance to the WSB crowd. Management is likely the first one to blink.

 

if I were management (and thinking in my self interest), I would raise a billion dollars through a share offering (don’t worry about where the share price goes). Wait three months and pay it out as a special dividend.

 

What is the stock loan rate for current shorts in GME?

 

GME need to stock Tesla short shorts and other Tesla merch. Then do a convertible bond and secondary share offering and buy bitcoin.

 

ShortableStocks.com shows for GME
Zero Borrow
Fee Available Updated
32.34% 9000 2021-01-28 08:00:02
32.34% 85000 2021-01-27 17:45:03
32.34% 80000 2021-01-27 17:30:03
32.34% 80000 2021-01-27 17:15:03

Interactive Brokers
Historical Rates
DATE WAS AVAILABLE MEAN RATES REBATE / FEE MIN RATES REBATE / FEE MAX RATES REBATE / FEE
29-JAN-21 No -6.43%/6.50% -31.73%/-18.81% 18.88%/31.80%
28-JAN-21 Yes -2.89%/2.97% -37.12%/-31.26% 31.33%/37.20%
27-JAN-21 Yes -9.24%/9.32% -50.83%/-32.26% 32.34%/50.91%
26-JAN-21 Yes -16.32%/16.40% -83.54%/-50.83% 50.91%/83.62%
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So, there are literally no shares to borrow.

So this looks like the shit might hit the fan this week, unless the crowd starts to sell.

(I'm worried that this even might cause hedge funds and brokers to go bankrupt).