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Also trying to understand this. According to S3[0] many short positions are still open, but it is unclear if these are the original shorts, or new if new shorts
by nprz 6y ago
Also trying to understand this. According to S3[0] many short positions are still open, but it is unclear if these are the original shorts, or new if new shorts were opened at the higher price point. In other news, Melvin Capital is down 53%[1]
[0]https://twitter.com/ihors3/status/1355246955874701314 https://twitter.com/ihors3/status/1355246955874701314
[1]https://www.wsj.com/articles/melvin-capital-lost-53-in-january-hurt-by-gamestop-and-other-bets-11612103117 https://www.wsj.com/articles/melvin-capital-lost-53-in-janua...
- jahlove 6y agothanks for the links. I guess I can't understand that S3 chart at all, because it looks to me like the "SI Shares" have dropped precipitously in the last couple days.
- nprz 6y agoYeah, it's a little confusing, SI is on the left. It's dropped from 70m to 58m in the past month, but 58m is still above the float @ 49.6m [0] [0]https://www.reddit.com/r/wallstreetbets/comments/ip6jnv/the_real_greatest_short_burn_of_the_century/ https://www.reddit.com/r/wallstreetbets/comments/ip6jnv/the_...
- deleted 6y ago[deleted]