They can delay closing on the shorts, but it costs them millions upon millions each day to do so. No one really knows when the squeeze will come. It could be tomorrow, or it could be weeks from now.
Got it. Thanks for clarifying. Guess these fine WSB gentlemen will just need to keep holding the line, as I am sure they will.
I am so curious as to what will come out of this. I suspect that the elites of Wall Street and DC will try to screw everyone over with this... but the question is will we the people let them get away with such a thing?
Me too. I'm not sure if government regulation will result from this, or if the Hedge Funds just create their own internal rules not to short on such a scale again.
They can delay closing on the shorts, but it costs them millions upon millions each day to do so. No one really knows when the squeeze will come. It could be tomorrow, or it could be weeks from now.
Got it. Thanks for clarifying. Guess these fine WSB gentlemen will just need to keep holding the line, as I am sure they will.
I am so curious as to what will come out of this. I suspect that the elites of Wall Street and DC will try to screw everyone over with this... but the question is will we the people let them get away with such a thing?
I have a handful of shares, and I'm holding.
Me too. I'm not sure if government regulation will result from this, or if the Hedge Funds just create their own internal rules not to short on such a scale again.