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A comment on “WSB veterans know that they're making a suicide charge for the memes”. Parent comment

Re:“WSB veterans know that they're making a suicide charge f... by thebean11 on Tuesday February 02, 2021 @03:13PM (#26005978)
I think you misinterpreted what I said. Rephrased: "in order to close out their positions, they must buy the stock". I didn't intend to state that they would close them.

I will say though, price going up forcing short sellers to close out (due to margin calls, fear, whatever) is not some made up thing..it's called a short squeeze. I do not know what will happen with GME.

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Re:“WSB veterans know that they're making a suicide charge f... by notyourday on Tuesday February 02, 2021 @03:19PM (#26006073)
> I think you misinterpreted what I said. Rephrased: "in order to close out their positions, they must buy the stock". I didn't intend to state that they would close them.

They do not need to close out their positions until the stock becomes non-borrowable, causing their position to be called in.

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