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*GME You're right. There was a concerted effort in the last week claiming that the hedge funds had closed their short positions. Turns out, a few had so GME we
by caseysoftware 6y ago
*GME
You're right. There was a concerted effort in the last week claiming that the hedge funds had closed their short positions. Turns out, a few had so GME went from 140% shorted way down to 130% shorted when historically, 25% is considered "high".
I hope someone looks into the hedge funds and the talking heads who spread this misinformation.
- mike00632 6y agoWhere are you getting those % values? And on what basis do you make the suggestion that Melvin still has a short?
- caseysoftware 6y ago1. The numbers are cited in almost every analysis of the situation this week. They've also been cited on WSB for months. Don't be lazy. 2. I didn't say any specific firm. I only know the aggregate numbers and the specifics on a couple and they're not one of them.
- mike00632 6y ago1) Yes, I specifically pointed out that these numbers are being circulated everywhere. They are baseless and intentionally misleading. It might even amount to a crime. It matters that you can't vouch for these numbers despite repeating them yourself. 2) You intentionally used language that casts doubt on the only well-sourced statement, that Melvin got rid of their short position. If you're going to be so skeptical then I want to know why. If you think that CNBC is colluding with hedgefunds and intentionally publishing misinformation then I want to know why you are suggesting that.
- PartiallyTyped 6y agoHow about this? https://financhill.com/most-heavily-shorted-stocks-today https://financhill.com/most-heavily-shorted-stocks-today 250% of floating shares.
- mike00632 6y agoWow! That cite has a lot of numbers! They even explain what a short is! It's like one-stop shopping for misinfo on how to devastate your finances.
- PartiallyTyped 6y agoMore sources follow along then to shortsight and ortex for more numbers. https://isthesqueezesquoze.com/ https://isthesqueezesquoze.com/
- PartiallyTyped 6y agoMore numbers https://www.nasdaq.com/articles/are-these-the-best-heavily-shorted-stocks-to-buy-right-now-5-names-to-watch-2021-01-31 https://www.nasdaq.com/articles/are-these-the-best-heavily-s... 121% short.