Not at all.
It is true that he does need to buy 100%+ of the stock, but only because he borrowed it from other people, and needs to return it. He never owns the stock, he's just trying to make money off the stock going down in price.
Tl;dr: jews jewing jews.
Not at all.
It is true that he does need to buy 100%+ of the stock, but only because he borrowed it from other people, and needs to return it. He never owns the stock, he's just trying to make money off the stock going down in price.
Tl;dr: jews jewing jews.
I don't know how he can borrow more than 100% of the stock.
Reports vary from 130% to 250% or something. I don't know who to believe, but if I borrow a stock from someone, I don't know how that stock can be "reborrowed" by either Melvin, or by another short seller right now.
This is how wall street and the (((bankers))) constantly fuck with us. They have all these loopholes and processes that allow for constant fuckery of the commoners, while squeezing every last shekel from us.
I don't know how he can borrow more than 100% of the stock.
Reports vary from 130% to 250% or something. I don't know who to believe, but if I borrow a stock from someone, I don't know how that stock can be "reborrowed" by either Melvin, or by another short seller right now.
This is how wall street and the (((bankers))) constantly fuck with us. They have all these loopholes and processes that allow for constant fuckery of the commoners, while squeezing every last shekel from us.
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