price of shorted shares

Someone on reddit



https://www.reddit.com/r/wallstreetbets/com...tm_source=share

This post has been edited by ZeneticX: Jan 29 2021, 07:31 PM

I get that interest is being paid, and ideally that shares brokered on a short position would need to be paid according to current share price
I'm looking at it ominously / bodoh view, such that eventhough publicly they declare that they are in deep shit, but whos to say that they didnt beg/cut a deal with their broker to hold off on closing the position first, but play dead to the public hoping that they run out of steam to the share price at least normalizes a bit.

The key point is that they are shorting more stocks than there are in existence, they brought this squeeze upon themselves. For them to close their shorts, they effectively have to buy all the stocks in existence and more. Hodlers dictate what price they close.

that is not just a someone.... that is deepfxxxingvalue ....

Hahaha, the genius who thought of the plan "hey, why not just short it till the price is $0 so we don't have to pay anything at all?" deserves to be a case study of wall street idiots in school textbooks.

it does not work like that... the broker need to service interest too for the holding of position.... otherwise the broker can buy themselves and hold till eternity

From where I'm standing, they look pretty panicky to me. Even if they try to demonize redditors, majority investors not that stupid and look at one sos only.

this has been the norm for the wolves of wall street for years....

it has never occur to them one day the peasants would join forces and rise up to stick a bat into their bottom...

yep can tell. one thing I learn, if they earn lots of money, most wont go around boasting how much profit they make. They will only go public if a) they want to influence market like Elon's tweet b) they in deep shit and trying to pin blame.

Not that surprising. Blockbuster, toy r us, radioshack went bust cause of changing time. Wont be surprise if they hoping it will follow suit. You know the rest.

u are not. u can choose, short or long? 1 of that sure have profit

then interest snowballing. without knowing the price magnitude? danger yo, will trigger buyback when amount is too big.

Many in /k might not understand so i just put some guy

The problem is 1 side can hold forever

and the short side pays interest + options expiry is a thing, which is something we will see today how much of their options are at the bottom of the barrel.

Can't find where to buy though.

The people vs Wallstreet.
Let's strong hold to the moon.

Which billionaire you are referring to?

fuken ballers

Leon Cooperman, that video is everywhere even here