What is the absolute lowest price per share where hedge funds cover shorts?
By - tkforsuree
There is plenty of data that supports 500k range. They over leveraged the crap out of themselves, and if we don’t sell our shares while they try and buy them back the price will skyrocket. Do research on how short squeezes work!
Infinity and Beyond
DTCC insurance kicks in. Aside from making money we also are sending a message. Stop attacking businesses that hold sentimental value to us and put thousands of people out of work. If they didn’t create so many synthetic shares they know they could have covered by now and everything would be over, but they know they dug themselves in such a deep hole they cannot climb out of it.
There are way more shorts than that. Naked, synthetic shares, it’s all self reported so hardly accurate. And the algos do the buying so longer we hold higher the price goes. Not financial advice
not our problem, we didn't ask for this, we took it.