“WSB veterans know that they're making a suicide charge for the memes”

Re:“WSB veterans know that they're making a suicide charge f... by blackearl on Tuesday February 02, 2021 @01:01PM (#26004292)

It's hard to say because every source I can find shows institutional ownership is 120-160% and I don't know how it's possible to own more than 100% of a thing. I suppose that could all be the short positions leading up to the recent drama.

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Re:“WSB veterans know that they're making a suicide charge f... by brandmeyer on Tuesday February 02, 2021 @01:52PM (#26004956)

Stock creation of this form is not entirely unlike the money creation that happens with fractional reserve banking. A short squeeze is crudely analogous to a bank run with that mental model.

(I have no market position on any individual stocks... because I don't consider myself sufficiently well-educated to do it. So take that grain of salt as you see fit).

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Re:“WSB veterans know that they're making a suicide charge f... by vkou on Tuesday February 02, 2021 @04:58PM (#26007439)

Every short share creates a long share.

If a stock is 30% shorted, that means there are 130% of shares in circulation. (And 30% negative shares.)

If a stock is 130% shorted, that means there are 230% of shares in circulation. (And 130% negative shares.)

If your numbers are correct, then institutional investors would own just a bit over half of GME.

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