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To show you how corrupt Wall Street and the Hedge Funds are, they had shorted 140% of the shares of Gamestop. That should be against the law but in this case I am happy as these fuckers have lost in the 10 billion range.
posted ago by angrygrampa1953 ago by angrygrampa1953 +1304 / -0

Patriot stories of making 50k to 60k are all over the place. We the people must never forget with over 75,000,000 Patriots we are now the HUNTERS. Am so proud of all Patriots that stuck it to these corrupt pieces of garbage.

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– JohnCocktoasten 5 points ago +5 / -0

How does this work? My understanding is to short a stock, you basically borrow someone else's stocks for a while. How can you borrow more stocks than exist?

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– deleted 6 points ago +6 / -0
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– Jmradioman 5 points ago +5 / -0

You short a short, and other people can short your short.

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– HanginChad 4 points ago +4 / -0

I bet they're all sharting their shorts now.

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– blackflame7000 2 points ago +2 / -0

Lets say there are 100 stocks and you short 10 of them. Technically in order to repay that 10, you can simply buy a stock at market price give it to the purchaser, and then rebuy that same stock again from the purchaser. Repeat 10 times and you managed to short sale 10 stocks without ever needing to own more than 1 at a time. Obviously with each rebuy the price will increase

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