News for hackers. Stuff that matters.

A comment on Ask HN: How is GME not a pump-and-dump?. Parent comment

Re:Ask HN: How is GME not a pump-and-dump? by LatteLazy on Friday January 29, 2021 @10:02AM (#25957894)
Exactly. Short seller buys 100 shares, return shares to lender, lender sells back to short seller, repeat as many times as needed to close
[ Parent | on HN ]
Re:Ask HN: How is GME not a pump-and-dump? by t0mas88 on Friday January 29, 2021 @05:05PM (#25963312)
Except that the lender is seeing the price skyrocket, so they're not selling it back.
[ Parent | on HN ]
Re:Ask HN: How is GME not a pump-and-dump? by LatteLazy on Friday January 29, 2021 @05:33PM (#25963647)
Surely the price is soaring because that's what it takes for the seller to keep selling it back?
[ Parent | on HN ]