News for hackers. Stuff that matters.

A comment on The Irony in the GameStop Story. Parent comment

Re:The Irony in the GameStop Story by jakelazaroff on Friday January 29, 2021 @09:42AM (#25957684)
Have the hedge funds retreated? Last I heard there were still >100% short positions in GME.
[ Parent | on HN ]
Re:The Irony in the GameStop Story by heartbreak on Friday January 29, 2021 @09:50AM (#25957778)
If you were a hedge fund on the sideline last week, wouldn’t you be quietly shorting GME @ 300? The outstanding shorts aren’t necessarily held by the same firms.
[ Parent | on HN ]
Re:The Irony in the GameStop Story by bilbo0s on Friday January 29, 2021 @09:56AM (#25957829)
They could game it all the way up, and collect all the way down. Lots of shorts could make enormous amounts of money right now.
[ Parent | on HN ]