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Why do you say that? The total free float is about 47M shares; I understand short interest was about 150% of float but volume on GME last week was over 500M, wa
by NovemberWhiskey 6y ago
Why do you say that? The total free float is about 47M shares; I understand short interest was about 150% of float but volume on GME last week was over 500M, wasn't it?
- Rastonbury 6y agoShorts covering is expected to move the price way more that it has. That 500m vol is people/algos trying to profit of intraday movements keeping the price relatively stable (for GME)
- NovemberWhiskey 6y agoYou have literally no way of knowing that. A hedge fund covering a short pays exactly the same price in the market as a meme-following Redditor or an intraday trading algorithm.