$GME Closed Friday @ $325. Did The Boys Succeed In Wiping Out Institutional Shorts? - The Great Awakening

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$GME Closed Friday @ $325. Did The Boys Succeed In Wiping Out Institutional Shorts?

posted 3 years ago by grimoracle 3 years ago by grimoracle +131 / -1

I read that Friday was the deadline to fuck the multitude of institutional investors shorting Gamestop. If so, did we do it? Did we win?!

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– the_coyote_jr 3 points 3 years ago +3 / -0

I don't know for certain, but my understanding is that a lot of the shorts they purchased are naked shorts, no expiration, just accumulating massive interest. (how is that legal really?) Signs seem to indicate they are doubling down. The sad thing is that the true winner is whoever is accumulating that interest right now. House always wins.

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