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jealmc79

11/19/22 11:07 AM

#122769 RE: pitcook #122766

“but the shorts have made extremely much more profit since the s-p hit $20 than any long”

Can’t make a profit until they actually cover their short position. Haven’t seen where very many shorts have covered. Meanwhile longs who have loaned their shares to the shorts have been making a rather nice profit by collecting interest every month, which is being paid by the shorts, while waiting for news to break. Not a gotcha, just setting the record straight.