Re:The Irony in the GameStop Story
by gajotron on Friday January 29, 2021 @10:47AM
(#25958462)
If 140% of the market cap is sold short, it means the longs own 280% of the market cap - that makes no 'sense' either.
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Re:The Irony in the GameStop Story
by jakelazaroff on Friday January 29, 2021 @12:31PM
(#25959899)
I only have a casual knowledge of this so sorry if these are dumb questions — doesn't it mean the longs own 240% (original 100% + 140% short sold)? Also, isn't it the case that the longs will own >100% if there are any short positions?