LogFAQs > #950000084

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Topic	You guys see what's going on with GameStop's stock?
Colegreen_c12 01/27/21 10:22:14 PM #159:	LordoftheMorons posted... Unless I'm wrong and the former number is smaller (which I doubt given the almost 20 fold increase in the stock's price) you are wrong about this, the short percentage is over 100%. However yes some people will get screwed in the end. It will likely keep rising, people buy out of fomo at some insane price and then it crashes as the shorts finish covering. The only question is what that price is. --- DPOblivion beat us all. <cite>Colegreen_c12 posted [p:950000084] in You guys s... [t:79253781]...</cite> <quote>LordoftheMorons posted... </cite> <quote>Unless I'm wrong and the former number is smaller (which I doubt given the almost 20 fold increase in the stock's price)</quote> you are wrong about this, the short percentage is over 100%. However yes some people will get screwed in the end. It will likely keep rising, people buy out of fomo at some insane price and then it crashes as the shorts finish covering. The only question is what that price is. --- DPOblivion beat us all.</quote> ... Copied to Clipboard!
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