/biz/ - Business & Finance

>>27615576

That is outdated info from Jan 15. The next time the short data will be updated with official numbers is Feb 9th. By that time we will not know if the original short positions are still in play, if its all new short positions opened at $300+ share price, or a mix of both. Not a shill just trying to stop the spread of misinformation around here.

Source:

https://finance.yahoo.com/quote/GME/key-statistics?p=GME

>>27605619

So everyone knows, all the official short data we have is historical from Jan 15. The next time the official info will be released in next Tuesday Feb 9. The soar in price last week was likely caused in part by the shorts covering their original bad positions and taking huge losses. It is likely that new short positions have been opened while GME share price was floating $300+ which is much more sustainable position and will likely be very profitable for the hedge funds that opened these new positions. The squeeze is still possible but now the most realistic scenario is a long term squeeze if retail investors can keep the momentum and upward price mobility going, but it seems less likely as normies scare easily from the price volatility and have short attention spans. This is just my 2 cents though. Everyone posting all this short data around need to understand that is no longer accurate after last week. When we get new short data next week, we will not be able to know whether it is the original short positions still in play, all new positions opened at the elevated share price, or a mixture of both.

Source:

https://finance.yahoo.com/quote/GME/key-statistics?p=GME

So everyone knows, all the official short data we have is historical from Jan 15. The next time the official info will be released in next Tuesday Feb 9. The soar in price last week was likely caused in part by the shorts covering their original bad positions and taking huge losses. It is likely that new short positions have been opened while GME share price was floating $300+ which is much more sustainable position and will likely be very profitable for the hedge funds that opened these new positions. The squeeze is still possible but now the most realistic scenario is a long term squeeze if retail investors can keep the momentum and upward price mobility going, but it seems less likely as normies scare easily from the price volatility and have short attention spans. This is just my 2 cents though. Everyone posting all this short data around need to understand that is no longer accurate after last week. When we get new short data next week, we will not be able to know whether it is the original short positions still in play, all new positions opened at the elevated share price, or a mixture of both.

Source:

https://finance.yahoo.com/quote/GME/key-statistics?p=GME