“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 celticninja on Tuesday February 02, 2021 @02:34PM (#26005479)

The cost of shorting the stock is a percentage of the cost of the stock on top of the stock price.

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Re:“WSB veterans know that they're making a suicide charge f... by jeffbee on Tuesday February 02, 2021 @03:11PM (#26005954)

And that price has declined by 80-90% in the last week along with the percentage cost to borrow. It's still expensive to borrow GME but if you have an idea that a stock is going from 500 to 0 in a week or two you don't care about the cost to borrow.

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Re:“WSB veterans know that they're making a suicide charge f... by fractionalhare on Tuesday February 02, 2021 @02:38PM (#26005521)

Kind of. But it really depends on your relationship and agreement with your prime broker.

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