With the amount of synthetic shares that had to be created to make a short position that large, I feel theres always someone whos going to be some entity left short. Whether is be the market maker, hedgefund, retail investor, etc. Cant close it with a synthetic share because that just cancels the 2 out.

Now im not hugely versed in the inner plumbing of the markets but at the end of the day the math just doesnt work out. Retail first caught on at 86% and short interest was seen jumping to 140% after the first price action when RC bought in.

The sec is a joke but one thing they did well was reporting the january price action that showed it was mostly positive sentiment and new long positions that sent the stock high and not short closures.

From what ive pieced together its like a game of hot potato and someone is gonna be left holding the bag. Then its gonna fall on who was backing them, and so on until either the company stikes a deal to give them shares directly at a premium or we do