Disclaimer: I invested in the initial runup before 8 million other people jumped on the bandwagon.
Honestly though, even though there's always new DD on short interest, failure to deliver, etc., the fundamental issue that I have with people who still believe that
$GameStop (GME.US)$ is going to skyrocket is that regardless of the numbers, it doesn't make sense on a logical basis. These companies and hedge funds have risk departments that get paid specifically to protect these funds from making risky plays. Before the run-up, it's conceivable that these guys didn't have the teeth (or spine) to back up their assessments, but now that the world knows that
$GameStop (GME.US)$ is fundamentally carries a large amount of risk by virtue of being so widely known, I'm not sure there's a single risk department in the world that would continue to allow shorting of
$GameStop (GME.US)$ to the extent that it could threaten the stability of their company. What happened to
$GameStop (GME.US)$ has fundamentally altered the risk models of wall street, and I'm positive that lots of large funds managed to reduce their positions to "acceptable" levels during the drop prior to the second run-up. While I'm sure there are funds that continue to short GME, it would take a truly coordinated effort in order to drive up buying volume quickly enough to actually place these shorts in jeopardy. In the case of the first run up, this was legitimately the case, since millions of people threw money into this stock all at once as it spread across the internet in the span of a few days. But I don't know what kind of catalyst today could generate close to enough buying movement, short of a whale of a company f** over other firms for fun.
GaininMoneyIsMyHobby : if they truly "covered" why would they spend so much time and money to bash the stop multiple times consistently throughout the year.
Zerocool888 : Of course it does not make sense and neither is your grandfather story. There are thousands of stocks and you chose to talk about but why GME? Why tag AMC? It’s simple basic logical sense to any APES now. Hedge Funds returned those borrowed shares which they have been using to short every week since Jan, then we APES will mind our own business. Right now, a massive of amount of shares that was borrowed have yet to be return and there is absolutely nothing wrong for RETAIL APES to hold as long as we want. If HFs wants to play the waiting game, so can we. We HODL and it cost us absolutely nothing as we are long term HODLERS which is a normal investment. HFs can’t borrow more shares, so they play dirty by using DARKPOOLS to short the shares down but guess what, each time they try to shoot down, we APES buy more and HOLD. Nothing wrong with that right? HFs can short all they want and pay a heavy interests as long as they like as we did not force them to short this particular stock. They can short any other stocks. Final word is WE APES WILL HODL TILL THEY FOLD.