The article is horse hockey. They are saying that borrowed shares can be borrowed and relended multiple times, and they can’t.
The FACT is Citadel sold 140% of GME all by themselves without owning the shares. That’s a naked short, and it’s illegal. Now the press is trying to cover up the illegality. The Motley Fool of all places.
Citadel clears 65% of Robin Hood’s trades for them. They are forcing Robin Hood to involuntarily close down individual shareholders positions in GME today.
This stinks so bad it makes synthetic CDO’s look pedestrian by comparison.
Yeah, what RinaseaofDs said. The articles explanation is nonsense.