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If you believe this narrative I have a bridge for sale. Here's an obvious litmus test: did they re-open buying for GME after they raised an additional billion[0] which easily covers them in this position?

[0] https://www.ft.com/content/9a1b24e6-0433-462a-a860-c2504ea56...



They re-opened buying this morning, yes.


Not really - they only allowed buying to bring the total position to 5 shares, and then lowered that to 2 shares and now 1 share!

And if you already held more than that quantity of shares you couldn’t buy more shares.


That's consistent with them being worried about collateral requirements.




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