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ProjectArcturis 2 days ago

It's not just Schwab, there aren't any options traded on BIRD. And shorting is not a guarantee. First you have to find a borrow, which if it's available probably costs >1000% annualized today. Then you have to be able to maintain that borrow, even if BIRD doubles from here.

Based on the price action today, this seems like a short squeeze.

eudamoniac 10 hours ago | parent [-]

Yes, I understand the basics of shorts.

ProjectArcturis 7 hours ago | parent [-]

Sure didn't seem like it.