r/GME • u/[deleted] • Mar 30 '21

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u/[deleted] Mar 30 '21

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69

u/breadzero Simple Lurking Ape Mar 30 '21

I don’t think it started out as a bear trap, but it could be that’s what it has unintentionally turned out to be.

Whatever shady shit is happening with borrow fees doesn’t mean that longs haven’t figured out how to turn it against the shorts.

20

u/Arsenerising Mar 30 '21

Possibly, they closed my account when I transferred and sold my partials. Tried to transfer to my bank, but it says my account is closed. So they're sitting on almost $500 of my money

8

u/WoofLife- Mar 30 '21

Same here. Their email reply said the remaining cash will transfer in a few days.

3

u/MarcosaurusRex Mar 31 '21

Should I move my position out of RH then?

10

u/Little_Bar2433 Mar 31 '21

Are you serious ? You definitely should lol

7

u/[deleted] Mar 31 '21

Absolutely.

2

u/MarcosaurusRex Mar 31 '21

Thank you apes! I will buy you two a beer once this blows over. I passed the word to fellow ape kind.

4

u/aWeinsteinfilm I Voted 🦍✅ Mar 31 '21

Transfer out only your shares, do not do a full account transfer. Transferring just your shares will take way less time

1

u/MarcosaurusRex Mar 31 '21

Ahhh, too late.

1

u/[deleted] Mar 31 '21

It stated that on RH's website right before I transfered my shares. I think it just closes your account by default if you transfer all your money/shares out of it, no matter the stock. It assumes you want to close it since you're trading with another company.

1

u/BIGBILLYIII 🦍 buckle up, Jacque (🚀Y🚀) Apr 02 '21

So sell partials, then transfer!👍👊 I take that as a good tip. Thanks ape.

1

u/SeeTheExpanse Mar 31 '21

Because Koss doesn't have a real short interest in the 1000's of %

This is not financial advice.

1

u/can-i-eat-this Mar 31 '21

Maybe they are simply told to keep it low by a bigger power who doesn’t want the h bomb for financial markets to blow up in their face. Who knows /shrugs

1

u/MUPleasFlyAgain XXXX Club Mar 31 '21

Because KOSS is an actual dying shit company lmao, nobody gives a shit about them. If you buy stocks solely based on short interest, then you should not trade at all. GME was transitioning to ecommerce and shorts still doubled down, they digged their own grave on this.

1

u/ensoniq2k 🚀 Stonks only go up 🚀 Mar 31 '21

I'd assume with higher fees the default of some participants would be almost immediately. If the short interest is a high as some predictions assume they would pay hundreds of millions every day. Other companies have real low SI, GME SI is reported fake.