MamashipOPCapybaraaaaaa:
Shorts can borrow shares and sell them to retail hoping the price goes down if they go up retail loses money but they have to buy the shares at full price when it’s time to return them
CapybaraaaaaaMamashipOP:
Thanks for answering! How to know or check when is the time for shorts to return? If it’s showing 0 in the table, that means shorts can’t borrow anymore?
ChristWithinUCapybaraaaaaa:
technically it means that yes.. but hedge funds are legally "allowed" to borrow shares without locating shares to borrow.. creating "naked shorts". This is the entire problem with the market as they take advantage of this loophole. There is a limit supposedly on how many each market maker (hedge fund with market authority such as Citadel) can create but they have found creative ways to hide these naked shorts.. until the CAT system begins on May 28th or so. This is the real reason share prices are spiking or did spike on May 13th. It was the 1st test run of the CAT system and it caught 7.1 BILLION synthetic shares or naked shorts. By the new law, they are supposed to cover/close ALL their short positions without a locate (a naked short) before this system begins. This is also the reason all prices are tanking this week going into Friday. They are giving one last push to get as much money back so they can cover either Friday, the 3 day weekend where we cannot push back against them and buy shares to drive prices back up. But then comes next week through June 3rd. Paper trail shows they have large contracts of shares expiring that week and won't be able to "roll them over" (push them down the line again as they have for literally 3 years) and be forced to cover everything. I suggest buy shares with high short interest rates showing this week. If you can do options then buy some calls on companies like that and wait. I had 10 calls on AMC for 3.50 strike price and made thousands on a 260 total cost from just those. I now have calls in GME, AMC, and several other stocks with high short interest. Even if they look "red" for the next 10 days, they will be green all at once in 1st week of June or sooner
MamashipOPChristWithinU:
Yes. Citadel is a market maker and a hedge fund under two different names. In my opinion they trade according to their insider information which I think is illegal and shouldn’t be allowed.
ChristWithinUMamashipOP:
they do a LOT of illegal activities but they also pay off the officials to have them look the other way.. until they can't anymore.. which looks like could be very soon.. by June 3rd when the swaps expire
Capybaraaaaaa : What’s the unit for that?
Gar Gar : You're better than me, I have 400 left
Capybaraaaaaa : What will happen if all shares are borrowed out?
MamashipOP Capybaraaaaaa: Shorts can borrow shares and sell them to retail hoping the price goes down if they go up retail loses money but they have to buy the shares at full price when it’s time to return them
Capybaraaaaaa MamashipOP: Thanks for answering! How to know or check when is the time for shorts to return? If it’s showing 0 in the table, that means shorts can’t borrow anymore?
ChristWithinU Capybaraaaaaa: technically it means that yes.. but hedge funds are legally "allowed" to borrow shares without locating shares to borrow.. creating "naked shorts". This is the entire problem with the market as they take advantage of this loophole. There is a limit supposedly on how many each market maker (hedge fund with market authority such as Citadel) can create but they have found creative ways to hide these naked shorts.. until the CAT system begins on May 28th or so. This is the real reason share prices are spiking or did spike on May 13th. It was the 1st test run of the CAT system and it caught 7.1 BILLION synthetic shares or naked shorts. By the new law, they are supposed to cover/close ALL their short positions without a locate (a naked short) before this system begins. This is also the reason all prices are tanking this week going into Friday. They are giving one last push to get as much money back so they can cover either Friday, the 3 day weekend where we cannot push back against them and buy shares to drive prices back up. But then comes next week through June 3rd. Paper trail shows they have large contracts of shares expiring that week and won't be able to "roll them over" (push them down the line again as they have for literally 3 years) and be forced to cover everything. I suggest buy shares with high short interest rates showing this week. If you can do options then buy some calls on companies like that and wait. I had 10 calls on AMC for 3.50 strike price and made thousands on a 260 total cost from just those. I now have calls in GME, AMC, and several other stocks with high short interest. Even if they look "red" for the next 10 days, they will be green all at once in 1st week of June or sooner
Capybaraaaaaa ChristWithinU: Thanks for the explanation!!
MamashipOP ChristWithinU: Yes. Citadel is a market maker and a hedge fund under two different names. In my opinion they trade according to their insider information which I think is illegal and shouldn’t be allowed.
ChristWithinU MamashipOP: they do a LOT of illegal activities but they also pay off the officials to have them look the other way.. until they can't anymore.. which looks like could be very soon.. by June 3rd when the swaps expire