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Rest of the market is getting trashed because of this shit, sick and tired of these red days back to back. Enough is enough!
by xwdv 6y ago
Rest of the market is getting trashed because of this shit, sick and tired of these red days back to back. Enough is enough!
- PartiallyTyped 6y agoAccording to [1], HFs are shorting ETFs with GME shares because there aren't any more shares to borrow. Shorting the etfs drops the price and causes them to liquidate some positions, this however, suggests to me that this is a hail Mary because any liquidation is not necessarily done on GME shares. In-fact, owning GME shares at this point is a hedge against the market. If anything, this actually causes some correction in the market. [1] https://old.reddit.com/r/GME/comments/ls830a/found_the_reason_for_the_dip_they_are_shorting/ https://old.reddit.com/r/GME/comments/ls830a/found_the_reaso...
- gruez 6y ago>According to [1], HFs are shorting ETFs with GME shares because there aren't any more shares to borrow Why would be the shares be hard to borrow? Isn't short interest relatively low compared to a few weeks ago?
- iso1210 6y agoWhy? If you like a stock, buy it, and enjoy. If you're gambling, tough. If you're a short seller who lost the best part of a billion dollars today, thoughts and prayers? https://www.reuters.com/article/us-retail-trading-gamestop-loss-idUSKBN2AP260 https://www.reuters.com/article/us-retail-trading-gamestop-l...