_babybronbron [none/use name] to askchapo • edit-24 years ago*Permanently Deleted*trashexternal-linkmessage-square10 fedilinkarrow-up115file-textcross-posted to: chat
arrow-up115external-link*Permanently Deleted*trash_babybronbron [none/use name] to askchapo • edit-24 years agomessage-square10 Commentsfedilinkfile-textcross-posted to: chat
minus-squareKoolio [any]hexbear14·4 years agoNah, shorting will still be a thing, they just won't be able to short a company by 130% and get away with such a craven bet. link
minus-squarejoin_the_iww [he/him]hexbear7·4 years agoHow is it possible to short a company by more than 100%? Like doesn't that mean that Melvin borrowed GME shares that don't even exist? link
minus-squareAeroTheAcroBat [any]hexbear7·edit-24 years agoThat or I'm assuming they are using put options to leverage their position. link
minus-squareHo_Chi_Chungus [she/her]hexbear4·4 years agoMostly just exploiting the sheer nonsense that it known as finance, with a generous amount of, well, you know link
Nah, shorting will still be a thing, they just won't be able to short a company by 130% and get away with such a craven bet.
How is it possible to short a company by more than 100%? Like doesn't that mean that Melvin borrowed GME shares that don't even exist?
Naked short selling.
Which is illegal
That or I'm assuming they are using put options to leverage their position.
Mostly just exploiting the sheer nonsense that it known as finance, with a generous amount of, well, you know