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] 1 points 1 year ago

There are a few factors past the math equation we can't see. How long the borrow them. Special side deals with lenders and I'm sure other factors.

Even worst case, for them, it's pocket change, a rounding error.

Thing is they can't close without buying a real share.