“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 gruez on Tuesday February 02, 2021 @02:43PM (#26005588)

1. there's nothing special about 101% shorts compared 99% shorts

2. bloomberg's (unofficial) estimates says it's below 100% https://www.bloomberg.com/news/articles/2021-02-01/gamestop-...

3. even if it's at > 100% shorts, it tells you nothing about what price those shorts entered at. if they entered at $300 they're not breaking a sweat.

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Re:“WSB veterans know that they're making a suicide charge f... by dragontamer on Tuesday February 02, 2021 @02:47PM (#26005642)

4. Short interest only matters when a company gets bought out. At which point, the short interest is entirely rolled back to 0% and short-sellers take the ultimate loss.

Beyond that, it could go to 100%, 200%, or whatever people feel like. There's nothing special about 100% short interest at all.

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