Oh man, some of those funds borrowed GME at 12.8%?!
This tells me that groups that shorted and failed the first time are shorting again and doubling down, which might make for yet another squeeze months or a year from now... in which they will triple down and borrow more stocks to short, which will cause another squeeze, and so on...
Treadlightly1489 on February 26th, 2021 at 18:28 UTC »
Can someone explain what this means to this newbie?
SuanYou on February 26th, 2021 at 18:53 UTC »
Update it's 450000 now
Houstman on February 26th, 2021 at 19:31 UTC »
Oh man, some of those funds borrowed GME at 12.8%?!
This tells me that groups that shorted and failed the first time are shorting again and doubling down, which might make for yet another squeeze months or a year from now... in which they will triple down and borrow more stocks to short, which will cause another squeeze, and so on...