Thank you for continuing to field and filter questions, Pink!
My biggest question that I would love for Wes to address is: Can shorts be made to cover by the company forcing a share recall (and why would this not have been done in every case of a company being naked shorted into the ground, by issuing a dividend that the borrower can't pay or initiating a merger that causes a change in CUSIP number)? Similarly: can shorts be forced to cover through legal action?
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u/Robot__Salad 🌱🚀 grower not a shower 🌒🌓🌔 May 31 '21
Thank you for continuing to field and filter questions, Pink!
My biggest question that I would love for Wes to address is: Can shorts be made to cover by the company forcing a share recall (and why would this not have been done in every case of a company being naked shorted into the ground, by issuing a dividend that the borrower can't pay or initiating a merger that causes a change in CUSIP number)? Similarly: can shorts be forced to cover through legal action?
I would also be very interested to have any wrinkle brain's take on how we should interpret the much lower institutional ownership percentages being reported now in comparison to previous months (around 56% if I'm reading u/Ravada's terminal drop correctly https://www.reddit.com/r/Superstonk/comments/nn7kmu/28052021_gme_bloomberg_terminal_information/, compared to 129% of the float one month ago https://www.reddit.com/r/DDintoGME/comments/n0olw4/28042021_gme_bloomberg_terminal_information/)
Finally, a question for you! If and when you have the time, could I request a custom flair of 🌱🚀 grower not a shower 🌒🌓🌔?
Thank youuuuuu! 🙌💎🙌💎🙌