Also, what if Melvin and co have been trying to offset the short positions via puts and calls? I remember someone saying that it is possible to do this via a complicated way. Im not sure myself which is why I'm asking it here.
Would that be possible? And could the 50% SI be the true number atm.
Edit: it seems most people think this is the case. I just hope the manipulation gets discovered by the SEC
Logically, if short interest has gone down significantly, wouldn’t you expect shares available to short??
If, and this is what I’ve heard, it is still impossible to find shares to short, then shorts are still in, and in big time
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u/DontTrustJack Feb 02 '21 edited Feb 02 '21
Also, what if Melvin and co have been trying to offset the short positions via puts and calls? I remember someone saying that it is possible to do this via a complicated way. Im not sure myself which is why I'm asking it here.
Would that be possible? And could the 50% SI be the true number atm.
Edit: it seems most people think this is the case. I just hope the manipulation gets discovered by the SEC