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/biz/ - Business & Finance


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26898316 No.26898316 [Reply] [Original]

>hedgefund borrow shares on open market
>hedgefund sell the shares on open market (going short)
>Gamestop buys the shares on the open market in the price manipulating practice known as a stock buyback
>Gamestop locks up the shares removing them from the stock's float
>More shares are now short than exist in the stock's float
BAN STOCK BUYBACKS