this post was submitted on 25 Jul 2023
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DRS Your GME

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Question: How much does it cost our market maker comrades per day to keep the price where it is? (lemmy.whynotdrs.org)
submitted 1 year ago by [email protected] to c/[email protected]
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Like when it's down 15 cents, how many million did that cost them?

I'm assuming that every day hurts and bleeds.

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[–] [email protected] 7 points 1 year ago

When I think they could just use that money to buy actual GME shares I realize they have probably shorted the float way too many times for that to provide them a reasonable way out.