If I sold my share right now I would pocket 200 bucks, lol. Courtesy of the worst people on earth. In theory (not at all likely) these short sellers could end up having to buy back the stock for more money than exists in the economy. That's how bad of a position they are in if people hold the stock when they are forced to buy back. If I understand things correctly, they used a 3 billion loan to double down on shorts.
And if I sold now, in the time it took to writing all that, I would walk away with 300.
This is funny as hell. Just a totally logical investment.
Capitalism is the most rational economic system. That's why a company that is headed toward banruptcy faster than Blockbuster in the late 2000s has a share price of $375.
If I sold my share right now I would pocket 200 bucks, lol. Courtesy of the worst people on earth. In theory (not at all likely) these short sellers could end up having to buy back the stock for more money than exists in the economy. That's how bad of a position they are in if people hold the stock when they are forced to buy back. If I understand things correctly, they used a 3 billion loan to double down on shorts.
And if I sold now, in the time it took to writing all that, I would walk away with 300.
This is funny as hell. Just a totally logical investment.
Capitalism is the most rational economic system. That's why a company that is headed toward banruptcy faster than Blockbuster in the late 2000s has a share price of $375.