Anybody else still assuming that the the stock market and economy need to crash under Biden as part of the destruction of the deep state? Maybe I misunderstood that?
Anyway, if this country's economy and the stock market are supposed to be pieces of the precipice (which is a theory, not a fact), then they're not really playing their part.
But even as I type this, the commercial real estate bubble-popping moment is supposedly hitting the big banks hard, and it is it going to have a ripple effect soon.
Other black swan triggers?
It’s much more likely the market tanks and all you yahoos who DRSed shares have a hell of a time selling when you want to, lol. Too the moon already happened, losers lost, and normalcy came back.
So the short positions are closed?
Super salty shill stink emanating off of you.
Depends what stock you are talking about, but in the case of BBBY anyone with a short position once the stock is cancelled, effectively, yeah. Can’t sell or buy, brokerages do a commission free courtesy sell/buy that’s a zero dollar transaction once you’re ready to take the loss or pay taxes on the gain in the case of a short sellers dream scenario.
As far as GME I have no idea what the current short position on it is, I am sure that short positions have been opened and closed on that millions of times over. That’s just basic trading. For the fun of it I quickly looked at current shares outstanding, around 306 million, 52 million of which are shorted, it trades 3 million ish a day, 14 days to cover based on those numbers…I wouldn’t be short this right now EXCEPT Cramer just came out and said that the meme stockers are in control of that stock and we all know how wrong he can be. I would if anything go long for a quick pop and then get out, but that’s if I was even interested. You can find better plays.
I don’t know where the shill shit comes from, I was a stock broker for about 8 years. Mostly active trader desk stuff. I just understand the mechanisms is all. I should tell you to suck my dick but I am feeling friendly today.