All the hedge funds bet both ways. Their losses are always offset by their gains... and its usually on the same stock. Yeah, they lost 5b on the shorts, gained 20b on the current fills, and when they start puts, they'll gain back on the shorts they still hold. 140% contracts only went down to 110% for the shorts. The fat cats are still laughing.

All the hedge funds bet both ways. Their losses are always offset by their gains... and its usually on the same stock.

Yeah, they lost 5b on the shorts, gained 20b on the current, and when they start selling off, they'll gain back on the shorts they still hold.

140% contracts only went down to 110% contracts.

The fat cats are still laughing.