What a hit piece. Shorts haven't closed the position. This fiasco is far from over.

Closed vs covered are also very different. This hit pieces like to swap them like they're interchangeable too.

I'm assuming the shorting is through puts that were bought and held long term, and are being rolled out before expiry? Otherwise a short of the underlying costs money and this has been going on a long time to not close out a position on.

The belief among GME enthusiasts is that the shorting wasn't through puts (options), but rather through straight up short selling.

And that yes, this has been going on a long time and is in fact costing the hedge funds a lot of money. And buying to cover is way too expensive at current market prices, so the hedge funds are bleeding money in hopes that something will change the situation.

Oh, and the belief is also that there are more short sales that need to cover than there are shares of the stock. Hence the squeeze potential.

Literally don't care. Facebook should not be the company with this. :/

protip: the SEC doesn't work for you. They work for big banks and are on the pay roll...

The big banks make up the majority of trading activity, so I imagine that would indeed be the case.

* "big banks" I'm assuming is a blanket term covering institutional investors along w/ family wealth offices and pension funds.

We literally had to rebuild an app because this support was so bad and they sold us on it being ready. Yikes.

It also needs its own PG db to function in order to support SQL Server.

PG usage was pretty good. Auth sucked.

Usage in CI pipelines is hot garbage. Command line tooling does not work well with it at all.

I'd probably take the risk again for a toy...maybe.

Or just buy a soundboks for $200 more and have portability