GAMESTOP

I don't Reddit.

I don't see anyone realizing that the trade has changed. The hedges original short is no longer the trade.

Now, they are shorting a $300 stock. That's the new trade. And they still expect that stock to eventually fall to fundamentals value.

I understand they started 260% short, then yesterday I read 95% short, now I see about 50% short. They are closing that original short. It wouldn't surprise me if they closed it out completely and all the new short is at a much higher price in the $300s

But now I believe their trade has totally changed to shorting a $300 stock, not a $15 stock.

The problem with the crowdsourced model here is lack of control. More & more commands to HODL must be made