Excellent explanation of what happened with Game Stop and Wall St!! For anyone that was confused like me.
https://twitter.com/_jimmy...
https://twitter.com/_jimmy...
05:25 AM - Jan 28, 2021
Only people mentioned by PatriotJules in this post can reply
Truth Sleuth
@Longrower
28 January, 07:17
In response Patriot Jules to his Publication
The reason the fund or anyone with a "short position" going against them has to buy those borrowed shares back is when their "margin" (amount they borrowed from the brokerage) begins to threaten the profitability of the brokerage firm itself. When you're talking a billion here, a billion there, you're beginning to talk real money.
Going massively short against any company is an aggressive move, if not downright hostile, b/c they're trying to send the company into bankruptcy.
High risk, pretty high reward... for the shortseller.
Great to see the "little guys" take on the big boys and
Going massively short against any company is an aggressive move, if not downright hostile, b/c they're trying to send the company into bankruptcy.
High risk, pretty high reward... for the shortseller.
Great to see the "little guys" take on the big boys and
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Truth Sleuth
@Longrower
28 January, 07:19
In response Truth Sleuth to his Publication
... win!
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✨✨✨Lisa ✨✨✨
@my2sonznme
28 January, 07:07
In response Patriot Jules to his Publication
Thank you for sharing!
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Lil SueBit
@LilSueBit
28 January, 05:40
In response Patriot Jules to his Publication
https://t.me/WeTheMedia/54... This is a chat over on telegram about it all.................
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