Re:GameStop Is Rage Against the Financial Machine
by oars on Wednesday January 27, 2021 @06:22PM
(#25935571)
Can you explain how it's possible to borrow more stock than is outstanding?
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Re:GameStop Is Rage Against the Financial Machine
by prostanac on Wednesday January 27, 2021 @07:19PM
(#25936242)
I have one stock in GME, and borrow it to you. You then sell it on the market to somebody. That somebody can subsequently borrow it again to a short seller who will again sell it on the market. Repeat.