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OK, sorry, wrong terminology. I'm in way over my head anyway.
My point is that his [DFV's] position gets stronger even if people hold and the price stays the same, as the short squeeze is costing the shorts daily in terms of 25% pa borrow costs.
Greenbank-
Have you guys watched any of his vids? Makes this victory over the 'suits' all the sweeter:
https://www.youtube.com/watch?v=alntJzg0Um4&ab_channel=RoaringKittyRoaringKitty
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I'm in way over my head anyway.
You seem eminently qualified to run a hedge fund that shorts a failing games store in that case
georgert
NotThamesWater
He's not hedged - he's long delta on the calls, and long delta on the stock. That's the opposte of hedged.