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re: People are "storming the Capitol" on the financial markets right now

Posted on 1/27/21 at 9:20 am to
Posted by Choctaw
Pumpin' Sunshine
Member since Jul 2007
77774 posts
Posted on 1/27/21 at 9:20 am to
i can just imagine the panic all those short sellers are feeling right now
Posted by LuckyTiger
Someone's Alter
Member since Dec 2008
45379 posts
Posted on 1/27/21 at 9:37 am to
quote:

short sellers are feeling right now


“Shorts aren’t supposed to work this way! This isn’t how it’s done!”
Posted by blueboy
Member since Apr 2006
56470 posts
Posted on 1/27/21 at 10:09 am to
quote:

i can just imagine the panic all those short sellers are feeling right now

They're buying put options as we speak. The GameStop price, artificially elevated, will fall harder and faster than it would have before. They will make more money than before.
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