LargePenis [he/him] to finance • 4 years agoPreparing Central Park for a Special Event - WALL STREET WATCH MEGATHREAD for Thursday, 28th January 2021imagemessage-square220 fedilinkarrow-up1132file-text
arrow-up1132imagePreparing Central Park for a Special Event - WALL STREET WATCH MEGATHREAD for Thursday, 28th January 2021LargePenis [he/him] to finance • 4 years agomessage-square220 Commentsfedilinkfile-text
minus-squarePhaseFour [he/him]hexbear3·4 years agoThat's true, there's an argument there. We'll need real quantitative data before knowing what happened today. link
minus-squareread_freire [they/them]hexbear2·4 years agooh we're getting some, and it's pretty clear who's benefiting the most from this link
minus-squarePhaseFour [he/him]hexbear3·edit-24 years agoThat's 3.3m of the 140m shares Melvin needs to purchase. But it doesn't seem that Melvin purchased those shares to cover their shorts. The result of this trade is that the supply of GME is circulation has risen from 24m to 27m. link
minus-squarePhaseFour [he/him]hexbear2·4 years agoMore info here [1] The total shorts has been reduced from 130% to 122% from all the bullshit today. That's still unheard of lol link
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That's true, there's an argument there. We'll need real quantitative data before knowing what happened today.
oh we're getting some, and it's pretty clear who's benefiting the most from this
That's 3.3m of the 140m shares Melvin needs to purchase. But it doesn't seem that Melvin purchased those shares to cover their shorts.
The result of this trade is that the supply of GME is circulation has risen from 24m to 27m.
Here for this take :party-sicko:
More info here [1] The total shorts has been reduced from 130% to 122% from all the bullshit today. That's still unheard of lol