Why is it Possible to Short 140% of a Company's Shares?The events surrounding the GameStop short squeeze have brought to full light the ugly underbelly of the institutional/hedge fund short game. News this week that 140 percent of the shares of GameStop had been shorted should send alarm bells ringing throughout the investment community!
How is this possible or even legal?
Hopefully we will get some answers but I highly doubt it since the institutions will be bailed out by virtually limitless QE funding and the losses swept under the carpet in hopes that the "game" will not "stop".
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