/r/wsb autists taking on a wallstreet hedgefund. Elon musk involved as always / wallstreetbets / gamestop - Gamergate 2: financial boogaloo

Can someone explain why Friday is a big deal for this? I know absolutely nothing about stocks.

Banks have to close their books at the end of the day Friday. Depending on how overleveredged the hedge funds are on the short options they may not have enough money to keep things balanced, which means they won't be able to pay the banks, which means the banks won't have any money. Basically Lehman 2.0. The fact that they are desperately trying to force the stock back down using every trick in the book says to me that they really, really don't want the books closed for the week with these shenanigans still playing out.
 
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