/biz/ - Business & Finance

>>27126279
GameStop hates the ones shorting their stock. They did a buyback against them and here we are.

I made a QA pasta if anyone is interested
> what if gme issues more stock
Board has a grudge with hedges trying to short their company to bankrupcy and cant legally issue more until march

>what if shorts are canceled
can't because short contracts are variably distributed amongst many different lenders and due to legal reasons, brokers are forced to make sure that both themselves and their contractees meet margin requirements.

> the shorters covered
short interest is still greater than 100% according to ortex and S3 Shortsight and the volume of the market would have changed to reflect the massive amount of trades
also
https://www.cnbc.com/2021/01/26/gamestop-shares-are-jumping-again-but-short-sellers-arent-backing-down.html

> what if government does X
with the number of foreign investors buying into GME such as euros and pajeets, it would be a near impossibility and congress is still on recess until feburary 17th

> but what if shorters short more
keeping a short incurs interest which is at 30% right now. it would be in the billions and no lender would allow them to do so since they would eventually run out of collateral/assets and can't do so on credit alone.

> You do need to cash in at some point
people are holding their shares until a substantial amount of shorts are closed

> its a WSB reddit scam
gme had been shilled and talked about in /smg/ for the past 2 years

>>27101844
> but what if shorters short more
keeping a short incurs interest which is at 30% right now. it would be in the billions and no lender would allow them to do so since they would eventually run out of collateral/assets and can't do so on credit alone.

> You do need to cash in at some point
people are holding their shares until a substantial amount of shorts are closed

> its a WSB reddit scam
gme had been shilled and talked about in /smg/ for the past 2 years