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/biz/ - Business & Finance

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28239184 No.28239184 [Reply] [Original]

is it over GME bros ? did we get too cocky?

>> No.28239519

OLD INFO

>> No.28240659
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28240659

>>28239519
Correction: this is the latest official data. The numbers are released twice a month, at a lag.

>> No.28240960

>>28240659
>2020
t o t h e m o o n

>> No.28241733

>>28239184
how'd your fat and lazy ass get a bloomberg terminal?

>> No.28241892

>>28240659

Whats this then?

https://i.4cdn.org/biz/1612909495278.png

>> No.28241912

>>28239184
so uh, they doubled down on the short at 325 and will end up making tons and tons of cash
is that really it?

>> No.28241982

>>28241892
Anon you realize it's the 9th right

>> No.28242235

>>28241892
its the old data, its been like this for a while now anon

>> No.28242334

>>28241733
you pay for it

>> No.28242519

Here is my summary for those that do not understand this data.

On Jan 15th settlement, which means on Jan 13th close, there were 61m shares borrowed.

On Jan 29th settlement, which means on Jan 27th close, there were 21m shares borrowed.

Between Jan 13th and Jan 27th, shorts covered (or bought) 41m shares back. This seems to correspond with the price exploding, but hey, that's just me.

So on Jan 28th, there were 21m shares still borrowed. Then the price explodes, and comes down gradually to today's levels. Either those 21m shares were covered (causing the big peak), or they weren't, meaning those shorters survived and are probably breathing easy right now.

In another two weeks we will have data about how many shares are borrowed today. This will likely be a very high number, as HFs probably shorted the hell out of this after the bubble popped. So, you want to squeeze them, go ahead and try to get the stock price to $600+ based on fundamentals.

>> No.28242876

>>28242519
B-but... what about $1488?

>> No.28243024

>>28242519
they closed their shorts at that price?

thats 40 million times roughly 300, 12 billion - did they really have that?

>> No.28243114

>>28243024
Did you not hear about them needing a bailout from citadel?

>> No.28243177

>>28243114
well then, success?

>> No.28243718
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28243718

>>28243024
anon that is the closing price of the stock at the 01/29/2021, its not the closing price of their shorts...maybe you shouldn't be trading fren...

>> No.28243894

>>28243718
I am not, I just think if they actually closed their shorts during the pump, its a total success
& I am not sure if thats what happened

>> No.28244185

>>28243894
what this report says is that they managed to cover 40M of their previous 61M in between those 15 days and now have 21M left.

>> No.28244615

>>28241912
More reason why this should be illegal. Shorting will be outlawed soon enough, unfortunately that is the only way to prop up the US market at this point.

>> No.28244968

>>28244615
>shorting is the only way to prop the market up
Did your mother swing you into a wall when you were a child?