MR CLARK KENT
101844657
OP
:
doesn't work this way. shorts can don't sell. just pay interest for borrowing. AMC is quiet likely cuz all the action with $Clover Health (CLOV.US)$ which is likely to be a pump and dump scheme. good luck to all the apes who jump ship.
honggan : because no one shorting, no demand, price go down lor
101844657 OP : not a shortist here, just trying to understand the mechanism
101844657 OP honggan : but there's 3.8m shorts, shouldn't it go up?
honggan 101844657 OP : but no one using it, is just 3.8m of shares available to be borrowed
MR CLARK KENT 101844657 OP : doesn't work this way. shorts can don't sell. just pay interest for borrowing. AMC is quiet likely cuz all the action with $Clover Health (CLOV.US)$ which is likely to be a pump and dump scheme. good luck to all the apes who jump ship.
cardiotraining : They could also be using options to report fake figures. Take it with a pinch of salt will do
101844657 OP : I see, thanks guys!