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Jan 21, 2021
11:21:27pm
rad dawg All-American
Heres a very surface level explanation.
Short sellers currently owe about 71 million shares back to lenders that they borrowed to execute their shorts. WSB has bought up so many available shares that there are only 10 million or so actually available (unless people start bailing). The supply demand crisis could send this stock soaring when short sellers get margin called or bail first. Its a crazy war of attrition that just might work.
rad dawg
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rad dawg
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