What was the stock selling for when it was shorted and what is it now?
The short sells started getting noticeable when it was around the $10 mark. Around the middle of this month when GME climbed up to about $20 on good news the shorts started selling a lot of calls, to the point where something like 140% of the total shares outstanding were being shorted. What is happening is a mix of a squeezing the (((people))) who shorted the stock and have unlimited risk, and putting gamma pressure on the call (((writers))) so they can't hedge or at least it is very expensive to hedge.
(((Melvin Capital))) needed $3BB from their fellow hedge funders to close out their position yesterday. It looks like (((Citron Research)) closed theirs today and it will be beautiful to see what it cost them.
If any regulatory changes come out of this it will probably be limits on options so retail investors can't get leverage like this again. Levers long enough to move the market are usually reserved for (((the financial elite))).
