Short interest for GME at 226%, *far* higher than what we've been told
(finra-markets.morningstar.com)
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That much is illegal and crime is unreasonable. Criminal shorting is what drives the price up.
So you think shorting more than 100% of a stock should be allowed?
Don't know why you'd say something so foolish.
It literally can't be. There's no way to do it without breaking laws.
Bro, GME is such a shitty stock the people that chased it thinking they were going to get rich are going to get burned because they have limited market knowledge and they think that shorting is this horrible evil thing
I don't really understand why you replied. Crimes are crimes whether you support or hate the victim and or perpetrator.
I hear people like you who don't understand what shorting is saying it's evil or horrible, but it's not. It's fine. What's illegal is naked shorting, and counterfeiting, and so. Real crimes, but their crimes don't make everyone shorting for a living criminals too.
You don't need to be an expert, but I do recommend educating yourself a tiny little bit if you're this confrontational about things you don't know.
Start with the crime called "naked shorting" - that will help you with the impossible math. 100% is the most of something, so if it is sold 300% and 2/3s don't exist, someone's counterfeiting or otherwise breaking laws. There are more crimes beyond the impossible naked shorts, but the naked crime is blatant enough that you pointed it out yourself.
Good luck learning!
He's going to need more than luck.