π₯ THE SHORTS ARE GIVING UP! HAVE WE WON?! π₯ - AMC Stock Short Squeeze Update
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Links;
https://twitter.com/TheRealDarkPool/status/1510371340896845824
https://markets.businessinsider.com/news/stocks/gabe-plotkin-melvin-capital-raise-cash-long-only-fund-gamestop-2022-2
https://yourstory.com/2022/04/softbank-tiger-global-face-setbacks-as-markets-tumble/amp
https://twitter.com/koryamc1/status/1510800247097905154/photo/1
The shorts are giving up! have we won?
Many short hedge funds have been closing their doors recently and opening long only hedge funds, which seems unusual in a bear market, where it literally pays to be short on most companies.
This is likely due to the future transparency changes in the industry, driven on by retail investors. As a result, it has become unprofitable for shorts to actually short stocks.
Shorting companies is a lot more difficult when illegal tactics, like the creation of synthetic shares, is exposed and criminal prosecutions are actually imposed.
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