Replies to post #12669 on Gamestop Corporation (GME)

[Fiestydiva]

The crumbling has begun ??????

[fourdint]

course caused massive troubles when GameStop (GME) exploded in popularity earlier this year. While many of the hedge funds that were short GME held their ground, the stock persisted, maintaining a high value for months and months. The financial pressure proved to be too much for White Square Capital.

[Prudent Capitalist]

Saw that. But it is old news. The report yesterday emphasized that White Square suffered its GME related losses way back in January when the actual short squeeze occurred. It also states that Melvin Capital lost 50% of its value during January due to the same GME related losses, as has been widely detailed in SEC filings and PR's quarterly reports, etc. None of this is in any way an indication that there is still a significant current short position in GME shares, or that another short squeeze may be looming,. In fact, as reported on Monday of this week and posted here on the Board, GME does not currently have a significant short position in its shares.