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It's entirely possible for short sellers to have legally borrowed more stock than is actually outstanding. There is no evidence that I've seen that they've done
by 0xffff2 6y ago
It's entirely possible for short sellers to have legally borrowed more stock than is actually outstanding. There is no evidence that I've seen that they've done so illegally.
- oars 6y agoCan you explain how it's possible to borrow more stock than is outstanding?
- prostanac 6y agoI have one stock in GME, and borrow it to you. You then sell it on the market to somebody. That somebody can subsequently borrow it again to a short seller who will again sell it on the market. Repeat.
- rightbyte 6y agoIf a shorter lends his one borrowed stock to another shorter there will be a chain of shorters for the one stock. Isn't that what happened?