https://www-benzinga-com.cdn.ampproject.org/v/s/www.benzinga.com/amp/content/31220033?amp_js_v=0.1#webview=1&cap=swipe
Here we go!
5 replies (most recent on top)
cr---y AI/template-generated article, but the data is good
I am honestly surprised it has lasted this long. But I think most investors or people in finance are finally savy to our tricks and finance games. But Gig is up. It’s put up or shut up time and as we all know it ain’t going to be pretty.
There are around 500M shares of GF which Mubadala owns ~85% so that leaves ~75M publicly owned shares. So if ~12M are being shorted that is 12M/75M which is ~16% as the article quotes so the numbers are accurate. 16% is pretty high and an indicator people think the stock will drop soon.
It’s 4X more than our peers. That can’t be good
Yep. Not good. Anything over 10% is high. Approaching 20% is bad news.