The issue is they shorted it too much for that to be viable, I believe.
That's the weakness of shorting- it's faster, but more risky. The lowest a stock can go is 0 so the only thing you risk by doing things normally is the money you put in.
With shorting, the losses could theoretically be infinite. There is no limit to how high a stock can rise.
I'm not sure what you're trying to say here. You were wondering why they didn't close their contracts at a small loss. I don't think it will be a small loss. The loss depends on how long people hold before selling. They're required to buy everything more than once so it could potentially be infinite. I'm not talking about you personally and IDK where you're getting your numbers.
Can't wait. A total system crash would be the best, maybe only way to get this country back. And I'm sorry, I don't feel bad for anyone. Trying to get people to just open their eyes a tiny bit for a year and getting treated like shit for it? Can make one a bit cold to the well being of others. A very very terrible thing has happened to this world, and unless there's a terrible price to be paid it will be allowed to continue.
Doesn't this make you wonder why they didn't just close all their contracts and take a small loss rather than let this keep going?
They can't it's a huge loss. They are paying interest on it and praying to Baal.
The issue is they shorted it too much for that to be viable, I believe.
That's the weakness of shorting- it's faster, but more risky. The lowest a stock can go is 0 so the only thing you risk by doing things normally is the money you put in.
With shorting, the losses could theoretically be infinite. There is no limit to how high a stock can rise.
Small? 140% of the total stocks were shorted. It's potentially infinite.
I've never said I've made infinite dollars buying a call. A $2000-6000 loss per contract is far less than $30000-40000.
I'm not sure what you're trying to say here. You were wondering why they didn't close their contracts at a small loss. I don't think it will be a small loss. The loss depends on how long people hold before selling. They're required to buy everything more than once so it could potentially be infinite. I'm not talking about you personally and IDK where you're getting your numbers.
ENDtheFED
who has shorted GME and how much that is not known.
comparing this to 2008 is pure idiocracy. house market is NOT the same as some hedge funds losing money.
like at all.
Shhh. Let them riot. It's on the right track, in the end we all win.
USA is a communist shit hole that invades another country every 5 years.
You can't change my mind.
That's an interesting perspective. So, why is it a "shit hole"?
because last 40 years it has done nothing but to invading other countries and breeding communists?
USA is a communist shit hole, ruled by it's own military AKA DEEP STATE.
See you in Libya war commie.
https://youtu.be/LGcaNY5eBWw?t=24
You must be really jealous, did you goat deny you access again, shithead?
i love that guy.
have fun in your new war.
btw you will never win an election again.
Wait you mean leveraging the markets to like 25% of GDP is a bad idea? /shocked_pica_face
Well shit. I guess we will just see what happens and for better or for worse, we will have learned something
Can't wait. A total system crash would be the best, maybe only way to get this country back. And I'm sorry, I don't feel bad for anyone. Trying to get people to just open their eyes a tiny bit for a year and getting treated like shit for it? Can make one a bit cold to the well being of others. A very very terrible thing has happened to this world, and unless there's a terrible price to be paid it will be allowed to continue.
https://www.youtube.com/watch?v=nhd0ppxRRlo
and fuck youtube