Yea except by the time the stock has zommed up 1000%, they've already paid. They've paid out the ass to cover their short positions. Since there was such a massive short interest and so little float, as they attempted to cover their large short positions, there is basically zero supply except at retardedly high prices.
Anyway, by now, they have likely dumped their positions and covered their shorts....its probably mostly retail investors and others who are long on the stock now holding insanely, insanely, insanely overvauled shares.
The hedge funds took it on the chin hard...having to get our at really terrible prices...
The price is going to collapse down as quickly as it zoomed up. Now is the time.to cash the hell out. Actually, this morning would have been the time to do it.
It's all over now and its going to come screaming down fast.
Imagine you got in on the beginning of this crazy short squeeze? Droppes $10k into it...and got out this morning....you'd be up to $100k.
Don't know if there were options trades going on, too, bur anyone who bought high premium calls when the inderlying was at $20 and cashed out today could have made like 300-500x their money I'm guessing...woops...the wall street traders got stomped in the nuts hard.
Yea except by the time the stock has zommed up 1000%, they've already paid. They've paid out the ass to cover their short positions. Since there was such a massive short interest and so little float, as they attempted to cover their large short positions, there is basically zero supply except at retardedly high prices.
Anyway, by now, they have likely dumped their positions and covered their shorts....its probably mostly retail investors and others who are long on the stock now holding insanely, insanely, insanely overvauled shares.
The hedge funds took it on the chin hard...having to get our at really terrible prices...
The price is going to collapse down as quickly as it zoomed up. Now is the time.to cash the hell out. Actually, this morning would have been the time to do it.
It's all over now and its going to come screaming down fast.
Imagine you got in on the beginning of this crazy short squeeze? Droppes $10k into it...and got out this morning....you'd be up to $100k.
Don't know if there were options trades going on, too, bur anyone who bought high premium calls when the inderlying was at $20 and cashed out today could have made like 300-500x their money I'm guessing...woops...the wall street traders got stomped in the nuts hard.
How do you know they have dumped their positions?