Well as far as I know, the short was in awhile back, and it was not regular savvy investors, but a 'cabal' of hedge funds.
The hedge funds are still holding a short position, and from what I understand they are holding a big ass bag of shit if the GME stocks doesn't tank to the bottom.
What I've gleaned around here they've shorting more stock than actually exists, and if they can't cover it all, the dominos will fall.
Buuut I'm not a finance guy so I could have misunderstood what others have said.
Well as far as I know, the short was in awhile back, and it was not regular savvy investors, but a 'cabal' of hedge funds.
The hedge funds are still holding a short position, and from what I understand they are holding a big ass bag of shit if the GME stocks doesn't tank to the bottom.
What I've gleaned around here they've shorting more stock than actually exists, and if they can't cover it all, the dominos will fall.
Buuut I'm not a finance guy so I could have misunderstood what others have said.