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  • 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]
        ·
        edit-2
        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.