Permanently Deleted

  • fed [none/use name]
    ·
    4 years ago

    I don't own any gme but it literally has to go back up once the short sellers start covering their positions. The only way it doesn't is if it tanks all the way to ~35 dollars or so

      • fed [none/use name]
        ·
        4 years ago

        they most definitely did not lol

        the stock is still shorted over 100%

        • disco [any]
          ·
          4 years ago

          They won't have to cover those shorts if the price keeps going down

          • fed [none/use name]
            ·
            4 years ago

            it would have to go down to ~35 dollars which I don't think it will go that low, and once they start covering it will go back up.

            • disco [any]
              ·
              4 years ago

              Curious as to where you're getting that number from? My understanding is that the hedge funds will only have to cover if whoever they're borrowing shares from forces them to cover.

        • Pezevenk [he/him]
          ·
          4 years ago

          You sure they're not shorting again? Because I honestly think they're shorting again. Not the same people necessarily but I'm pretty sure someone is shorting again.

          Shit's over either way. You don't know when they're forced to cover and they don't have to do it all at once either.

      • MemesAreTheory [he/him, any]
        ·
        4 years ago

        I think you're just misinformed on this one comrade.

        Edit: OH HO HO HO, WELL IF IT ISN'T A PLATE OF CROW. YUM YUM GONNA EAT IT.