If you take things at face-value, I believe you are correct.
Citron got hosed really good when GME spiked years ago. The head guy came out a week or two ago and publicly announced they are, once again, ‘short’ on GME. Meantime, GME just sold 75m shares and now has 4 Billion in the bank and very low debt. He, or anyone else declaring a ‘short’ position would look pretty foolish. So, with whatever is going on behind the scenes, this latest announcement was likely just a (PR) move to not look like an idiot and MSM took it as just another opportunity to say ‘GME is down’.
If you take things at face-value, I believe you are correct.
Citron got hosed really good when GME spiked years ago. The head guy came out a week or two ago and publicly announced they are, once again, ‘short’ on GME. Meantime, GME just sold 75m shares and now has 4 Billion in the bank and very low debt. He, or anyone else declaring a ‘short’ position would look pretty foolish. So, with whatever is going on behind the scenes, this latest announcement was likely just a PR move to not look like an idiot and MSM took it as just another opportunity to say ‘GME is down’.