If GSE runs to $50.00, the trader can exercise the option and pay the lender back with the stock received on exercise. This happens because the collateral is no longer attractive compared to cash. #AMCSqueeze was trending across social media on Monday as Reddit organized another targeted attack. Short interest in the stock totaled 18.7%, or 29.37 million shares, of the Redmond, Wash., company's float as of Friday's close, according to S3 Partners, Reuters reports. GameStop Corp. (NYSE:GME) released its earnings results on Monday, March, 22nd. Yes, they have a way of limiting us, but not as well as you would think. 10.1m members in the wallstreetbets community. Like 4chan found a Bloomberg Terminal 1.9k votes, 544 comments. For example, someone who has borrowed 1000 shares of GME and sold it short at $39.00 may also buy the OPTION to purchase 1000 shares of GME at $39.00 for $3/contract. I believe his full answer addressed this fact. GME Stock: Why Reddit Investors Should Mark Their Calendars for July 31 GME is looking for a new CEO By William White , InvestorPlace Writer Apr 19, 2021, 10:21 am EDT April 19, 2021 NYSE:GME gained 12.93% on Monday as meme stocks continued their momentum from last week. To cover the short positions, shares have to be bought from us on the open market. These regulations don't happen overnight. This only happens when short sellers are able to drive the target company into the ground. Equally, if it does retreat to $122, and the support holds, i'd by very confident of a sharp move upwards towards to the 300's. It was my fault for not directly asking if the short position in GameStop must be covered. My favorite bedtime story is how the Fed stepped in and bought all of the mean, toxic assets to save the US economy.. This was MY fault for misguiding the question. Today, Microvision’s short interest percent sits at about 20%. NYSE:GME Hey Guys, I wanted to provide an alternative view of what could be possible with GME at this time. As the gap between Main Street and Wall Street grows, investors on both sides will try to play each other for gains. There is a lot to unpack and get ready, My guess is that they started working on these the week GME took off in January. The company reported $1.34 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.35 by $0.01. I think overall, up is likely, but as time goes on, i think a retreat to the $122 range is looking realistic. His answer was in response to the HISTORY of shorts not having to cover. The interest rate in 2008 on repos started climbing as the cost of borrowing money went through the roof.
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