💥💥💥
GME.WS just ripped past 4.96 MILLION warrants traded, 3.5× average volume.
Borrow fee?
796.25%.
Price?
Barely $0.38.
Paying nearly 800% annualized to borrow an instrument approaching expiration is one expensive game of chicken. 🐔
$GME sits around $23.85 while warrants swung from $0.30 to $0.6699.
Reported warrant short interest near 4.3 million.
Heavy turnover, violent price swings, extreme borrowing costs.
The tape is screaming, even if it won't tell us who's covering.😱
Thursday is the last scheduled trading day.
Friday, October 30th, the clock hits zero. ⏰️
$32 exercise price,
$GME under $24.
Bulls need a miracle rally, shorts face an expensive final stretch, and expiration doesn't care about anyone's thesis. 🔥🍻⏰️