Re:Reddit's GameStop, AMC surge is the new Occupy movement
by simonh on Thursday January 28, 2021 @11:41AM
(#25944550)
Right, once the stock actually collapses and drops way below it's trend price, those holding the shorts and expecting to make a few bucks on them will end up making an absolute killing. Sticking it to the man my arse.
[ Parent
| on HN ]
Re:Reddit's GameStop, AMC surge is the new Occupy movement
by supernovae on Thursday January 28, 2021 @11:54AM
(#25944764)
All they need to do is beat the current calls that mature this friday. There are an ungodly amount of shorts about to mature...
The big issue, is that the shorts on GME surpass the total outstanding shares... Melvin went 140% short on GME and they should pay the price for that stupidity.