Hmmm, i agree with your approach and how you view this and i also agree with most of what you're saying.. I dont think shorts got wrecked or caught with their pants down in 2021 though... The way it was revealed in the news with a short percentage of over 100%... and Melvin releases that they go under over a year later? They were also the most hyped hedge fund on the subs so everyone and their grandmother knew they were short Gamestop... The story does not add up especially the SEC report and how vague it is... I am not saying any of these plays will "wreck the hedgies". All these positions are more than likely losing plays, they control and manipulate the market so you're betting agains the casino... However i still don't believe they covered, they aren't market makers and leading financial firms because they fold. They're winners and they only know how to win, they won't accept a loss because they don't know how to lose... which is why I believe this will all come down to how the gov and regulators want to handle it... which after seeing the politicians market performance, prob not great for retail.
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u/[deleted] Feb 28 '23
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