No amount of summarization will do that library justice. There are 1000’s of hours of research and writing there. You are going to have to do some legwork yourself. People tried to summarize it for you, and you just shit everything they said down. Go to the source and learn for yourself.
The shortest summary I can give you is that when Covid first started, all The hedge funds shorted the entire brick and mortar sector by shorting the etfs that contained them. What they didn’t know was that one firm in particular had already naked shorted GME into the ground over the course of several years and it just so happened that at the time, the etfs they shorted were heavily weighted towards GME. The result was an unclosable short position that will destroy the whole market that they have been fighting tooth and nail to manage to this day. They couldn’t have closed it, there wasn’t enough money in the world to accomplish that. The self reported data you keep pointing to means nothing.
No amount of summarization will do that library justice. There are 1000’s of hours of research and writing there. You are going to have to do some legwork yourself. People tried to summarize it for you, and you just shit everything they said down. Go to the source and learn for yourself.
The shortest summary I can give you is that when Covid first started, all The hedge funds shorted the entire brick and mortar sector by shorting the etfs that contained them. What they didn’t know was that one firm in particular had already naked shorted GME into the ground over the course of several years and it just so happened that at the time, the etfs they shorted were heavily weighted towards GME. The result was an unclosable short position that will destroy the whole market that they have been fighting tooth and nail to manage to this day. They couldn’t have closed it, there wasn’t enough money in the world to accomplish that.
No amount of summarization will do that library justice. There are 1000’s of hours of research and writing there. You are going to have to do some legwork yourself. People tried to summarize it for you, and you just shit everything they said down. Go to the source and learn for yourself.