Comment on The Irony in the GameStop StoryparentComments−jakelazaroff5yHave the hedge funds retreated? Last I heard there were still >100% short positions in GME.−heartbreak5yIf you were a hedge fund on the sideline last week, wouldn’t you be quietly shorting GME @ 300? The outstanding shorts aren’t necessarily held by the same firms.−bilbo0s5yThey could game it all the way up, and collect all the way down. Lots of shorts could make enormous amounts of money right now.
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Have the hedge funds retreated? Last I heard there were still >100% short positions in GME.
If you were a hedge fund on the sideline last week, wouldn’t you be quietly shorting GME @ 300? The outstanding shorts aren’t necessarily held by the same firms.
They could game it all the way up, and collect all the way down. Lots of shorts could make enormous amounts of money right now.