Re:GameStop Is Rage Against the Financial Machine
by cman1444 on Wednesday January 27, 2021 @10:41PM
(#25937851)
I believe that this is correct. The parent comment sounds very sure of themselves but I don't think the statement "there will always be more shares held long than short" is necessarily true.
[ Parent
| on HN ]
Re:GameStop Is Rage Against the Financial Machine
by cman1444 on Wednesday January 27, 2021 @10:51PM
(#25937928)
After researching a little more I've found I was incorrect. There are always more long shares than short shares. However, the "long" shares are not necessarily real shares in the company. They could be ones that have been lent out as described above.