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Is Melvin Capital winning with their short position? When they’re contractually obligated to repurchase millions of shares and there are no shares left to purch

Is Melvin Capital winning with their short position? When they’re contractually obligated to repurchase millions of shares and there are no shares left to purchase, what do you think is going to happen? There are winners and losers, but in this case the loser could very well be an investment firm with 12B in assets. Some wealthy investors are about to have that wealth redistributed. I think that’s the point.

thefreeman 6y ago
"no shares left to purchase". what?? 160 million shares changed hands today. there will never be no shares left to purchase.
- jaycroft 6y ago
  Flow and stock are different.
- ZephyrBlu 6y ago
  They shorted more GME shares than the amount that currently exist. That's what "no shares left to purchase" is referring to.