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Having trouble finding the most accurate and up-to-date data since I don't subscribe to any services and I suck at internet, but I thought I read that Citadel has recently reduced it's holdings considerably and it's biggest position is now short the S&P. Please correct me if I'm wrong about that.
But either way, if they have literally BILLIONS short on the market, and we're expecting a market crash as an indicator of the MOASS... won't this effectively just give them a TON more ammo to use against the stock and pummel the price of GME along with everything else?
Just trying to understand the implications, because if they know full well their actions will cause the market to crash (or at least add to it considerably), and so they have positioned themselves to largely benefit from such a crash, doesn't this complicate the issue a bit?
Not saying that it would change anything fundamentally at all, but at the bare minimum, would it not enable them to further prolong an inevitable squeeze (like, by a lot) as everything else crashes and burns and they ride the wave down? Should we be expecting a major dip as they continue to give it everything they've got?
Haven't come across much discussion about this, so please link me something if it's already been covered and I somehow missed it. Trying to approach the predicament from all sides and possibly get ahead of any surprises.
Let me know what you think.
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