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| Topic | You guys see what's going on with GameStop's stock? |
| LordoftheMorons 01/27/21 10:19:29 PM #157: | The relevant thing is the total number of stocks that need to be sold vs how many stocks shorters are on the hook to buy. Unless I'm wrong and the former number is smaller (which I doubt given the almost 20 fold increase in the stock's price) there are going to be a bunch of other shares where non-hedge fund people have to take a hit. Once it starts tanking, everybody is going to want to sell. Like yeah it's hypothetically possible that people could sell in the reverse order that they bought and everyone besides the wall street guys comes out a little ahead, but realistically the orders will not be the same and some people will be making huge gains while others lose most of their investment. --- Congrats to azuarc, GotD2 Guru champ! ... Copied to Clipboard! |
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