Melvin Capital received a 2.75 bln cash infusion from Citadel and Point72. If they did not receive this and were forced to file for bankruptcy, what are the implications to GME and their short positions? I assume they close their short positions, but wouldn't there is no one forced to buy the shares and essentially disrupting the short squeeze? I tried searching but have not been able to find anything. Sorry for the n00b question. If this question has already been asked, could you provide a link to that discussion?
Submitted January 26, 2021 at 11:51PM by cr3ator_123 https://ift.tt/2YjBluQ