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> Others were not especially interested but must have seen the price grow by 20x and seen a great opportunity to short it. Near the peak I don't think there we
by rtkwe 6y ago
> Others were not especially interested but must have seen the price grow by 20x and seen a great opportunity to short it.
Near the peak I don't think there were shares available to short though, at least not publicly offered who knows what was available through Bloomberg chat.
- fredophile 6y agoThere might not have been shares available to short but a hedge fund could still sell a lot of options. If you sold call options anywhere near the peak you could have easily closed your position by now and taken pretty much the entire sale price as pure profit.