Are investors holding 200% of GME shares?

zghorner said:
What is your opinion on all of this if you don’t mind my asking?
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This 140% short can be caused by 2 different issues:

1. Naked shorting. Illegal.
2. Multiple shorting of the same stock. Legal.

3. Well, a combination of both.

At this point it is unclear which one caused the going over 100% of the float. I wouldn't be surprised if the brokerages let HFs to short shares what weren't located, aka naked.

Quote from the thread:

"Michael Burry tweeted yesterday that when he called in his lent-out GME shares, it took his broker WEEKS to find them."
 
Last edited:
Pekelo said:
This 140% short can be caused by 2 different issues:

1. Naked shorting. Illegal.
2. Multiple shorting of the same stock. Legal.

3. Well, a combination of both.

At this point it is unclear which one caused the going over 100% of the float. I wouldn't be surprised if the brokerages let HFs to short shares what weren't located, aka naked.

Quote from the thread:

"Michael Burry tweeted yesterday that when he called in his lent-out GME shares, it took his broker WEEKS to find them."
More...
It certainly seems like an absolute shit show at this point. Thanks.
 
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