One thing that I wondered was how did this short war get started in the first place? The actions being taken only work if people know information about the hedge fund short positions ahead of time. How did that happen? If I ever shorted a stock, I would never tell anyone about that fact...
I think any hedge fund could do what reddit has done at any time if some fool borrows more shares than are available and it is known that you literally are required to buy at any price. The fact that they don't do this on the regular makes me wonder if there is a gentleman's agreement about such things.
One thing that I wondered was how did this short war get started in the first place? The actions being taken only work if people know information about the hedge fund short positions ahead of time. How did that happen? If I ever shorted a stock, I would never tell anyone about that fact...
its public knowledge. Also this is the hedgefund that was shorting tesla and fucking with musk.
Musk sent out a tweet about gamestop recently to add to this.
they got too cocky.
Short lists are published. Not hidden info.
I think any hedge fund could do what reddit has done at any time if some fool borrows more shares than are available and it is known that you literally are required to buy at any price. The fact that they don't do this on the regular makes me wonder if there is a gentleman's agreement about such things.