Buying shares to close short positions definitely reduces demand and causes prices to fall - not that this is how prices are set in the market at all, as we’ve learned.
If Citron abandoned a short position, doesn't that mean they paid out of it rather than continue to suffer? Wouldn't that be a type of win? If all shorts fork over money to get out of their short position, then the goal of saving GME from the "short machine" worked, or am I not understanding? Thanks
Buying shares to close short positions definitely reduces demand and causes prices to fall - not that this is how prices are set in the market at all, as we’ve learned.
Go home lads, we’re forked. Stick a socket in it.
If Citron abandoned a short position, doesn't that mean they paid out of it rather than continue to suffer? Wouldn't that be a type of win? If all shorts fork over money to get out of their short position, then the goal of saving GME from the "short machine" worked, or am I not understanding? Thanks
Hm, they did say “abandoned”…
Abandoned would mean they forfeited all assets and went to prison, yes?
Were they just unselective about their words or is this a scalp?
I actually assumed they were just saying crap as desperation FUD.