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As I said, they made a painful exit but they were able to get out. If there was a real squeeze going on, their losses would have been eye-watering and far far o
by Anon1096 6y ago
As I said, they made a painful exit but they were able to get out. If there was a real squeeze going on, their losses would have been eye-watering and far far over 100% of their assets. In 2008, Volkswagen became the most valuable company in the world for a day because short sellers literally _could not_ exit their position. There were no shares to acquire at any price. Gamestop, with 90M trade volume in the last day, does not resemble a squeeze at all. Short sellers are able to leave and lick their wounds. In a squeeze they'd be trapped.
- dkirill 6y agoThey did not exit and even if they did somehow you can't know that.
- polynomial 6y agoTechnically GP could know that if they have insider info. But now I'm curious, if GP can't know they exited, how do you know they didn't? Sincerely asking.