GameStop Corp (GME)

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  • You fight lies with reality, spam with repetition of facts, shills with cold hard truths... If the following is a lie then apes should worry, until then all this price volatility is just smoke and mirrors: GameStop's SEC filing. Page 15 ..... "To the extent aggregate short exposure exceeds the number of shares of our Class A Common Stock available for purchase on the open market, investors with short exposure may have to pay a premium to repurchase shares of our Class A Common Stock for delivery to lenders of our Class A Common Stock. Those repurchases may in turn, dramatically increase the price of shares of our Class A Common Stock until additional shares of our Class A Common Stock are available for trading or borrowing. This is often referred to as a “short squeeze.” "
    • Facts 1 through 69420: shorts must cover.
    • fact - most shorts covered, all naked shorts covered, longs will be liquidated.
    • if all naked shorts are covered how can the top 10 institutional ownership be at 172%
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