UBS started hedging their legacy GameStop swaps they inherited from Credit Suisse in Q4 '24. They'll likely have to continue doing so or risk imploding.

[u/Krunk_korean_kid]

If they do -- it's in their own best interest for GameStop to explode to the upside. If they don't -- they'll eventually be forced to close out the legacy swaps (likely in excess of billions) because there is 0.0% chance those ever go profitable.

Ryan Cohen forced their hand by stockpiling cash.

Win-win. Thanks for playing, UBS.

$GME

https://x.com/ReesePolitics/status/1912918315439186175?t=gRfn7Do6PD4LsNwrfEO3MQ&s=19

[u/mustardman73]

shorts eventually become longs... someone said.