News for hackers. Stuff that matters.
Re:GameStop Is Rage Against the Financial Machine by alfl on Wednesday January 27, 2021 @12:32PM (#25931079)
WSB is trying to get stock removed from the pool available for shorts as well to break the cycle of shorts borrowing the stock, selling it, and then borrowing it again and selling it again.
Re:GameStop Is Rage Against the Financial Machine by boringg on Wednesday January 27, 2021 @01:06PM (#25931557)
Exactly. Add that people are supposed to be buying stocks and not allowing the brokers to lend them out to shorts (squeezing supply further).