Look at melvins Nov 13F filing. They absolutely had a $50M put, which is a flavor of a short position. That put expired worthless on 1/22. So they told the truth. But my point is that $50M in a $20 billion portfolio is nothingness and definitely won’t squeeze shit. GME is trading like $20B to $30B per hour.

This is part of the reason that wall st is laughing: to trigger a squeeze, you need a huge short position relative to the daily volume traded. So if a stock has $10B of shares shorted and trades like $1B per day, that’s a great set up for a squeeze. Why? Bc there are not enough shares being traded for a fund to cover their position, so they have to bid up the market to induce more selling supply. Stock price goes up more, and that’s a squeeze.

On the other hand, GME is trading the entire short float multiple times per day. There’s simply no way for a squeeze to happen mechanically - there are waaaaaaaay too many shares openly being traded to make it difficult for a fund to cover their shorts. GME is one of the most liquid stocks on the market today. There’s no ‘there’ there.