except the short float is STILL 120%+... the Reddits are holding their shares not selling so there aren’t enough shares to cover all the contracts due tomorrow.
This will impact more than just the Hedge Funds. The brokers and/or clearinghouses are going to have to default on their option contracts. Every contract that doesn’t cover with shares is going to result in a lawsuit for breach.
The hedgies are only the first level.
Oddly enough, the GME (Game Stop) short squeeze was powered by Chinavirus too. The original "Retard" (anagram of "Trader") speculators were getting nowhere with their all-in bet until the nation shut down in March 2020, leading to an the dual explosions of gaming and retail stock trading.
I am not playing this particular trading game, but happily WELCOME the RETARDS--who have now been branded as probable racists and white supremacists--into our little (/s) MAGA coalition of FReeQs, anons, hicks, dropouts, right-wing extremists and deplorables.
The RETARDS have an apropos slogan: Apes Together Strong.
WWG1WGA
CHINAVIRUS DATA: 1. United States CHINAVIRUS Confirmed Cases through about mid-June 2. Highly (and Deliberately) Contaminated Data from mid-June Forward (contaminated with antibody-test, duplicates, false positives and dubious "Probables") 3. Another Layer of Fraud in both deaths and Cases was added 7/28 4. Election Noise of massive FALSE POSITIVES started ramping Labor Day, 5. The "Election" phase of "exponential" growth ended 2 weeks after election. 6. The "PEAK" in "New" cases appears to have been around the Jan 6th FF PSYOP. 7. Conservative blogs reported WHO changed rules on Jan 20th to slash FALSE POSITIVES. Date New Total Daily Cases Cases Deaths Actual + FAKE Actual + FAKE 1/1/2021 171,692 20,617,346 2,230 1/2/2021 287,355 20,904,701 2,237 1/3/2021 208,827 21,113,528 1,396 1/4/2021 239,523 21,353,051 1,935 1/5/2021 225,555 21,578,606 3,607 1/6/2021 279,010 21,857,616 4,370 1/7/2021 274,429 22,132,045 4,134 1/8/2021 324,857 22,456,902 4,025 1/9/2021 243,036 22,699,938 3,331 1/10/2021 217,396 22,917,334 1,795 1/11/2021 225,863 23,143,197 1,974 1/12/2021 225,028 23,368,225 4,350 1/13/2021 248,120 23,616,345 4,329 1/14/2021 232,065 23,848,410 4,066 1/15/2021 254,019 24,102,429 3,862 1/16/2021 203,614 24,306,043 3,405 1/17/2021 176,007 24,482,050 1,941 1/18/2021 144,326 24,626,376 1,418 1/19/2021 180,588 24,806,964 2,866 1/20/2021 192,011 24,998,975 3,279 1/21/2021 197,111 25,196,086 3,297 1/22/2021 193,956 25,390,042 3,288 1/23/2021 176,747 25,566,789 3,297 1/24/2021 135,336 25,702,125 3,301 1/25/2021 159,472 25,861,597 3,296 1/26/2021 149,625 26,011,222 3,275 1/27/2021 154,979 26,166,201 3,256 1/28/2021 172,406 26,338,607 3,270