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One other aspect that helps hedge funds is the ETFs that try to balance GME @ 1% of holdings blew that out to 20% of holdings in the surge. So lots of index funds were rebalancing and selling shares into the market (at a time when only hedge funds can buy).
In the coming days and weeks, we will see if this repertoire of fraud was enough to cover their naked short positions.
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but what would I know?
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