First it’s on the hedge or shorter that took the short position, then the risk falls on the company that allowed the short or shares to be borrowed. This is the reason why hedge funds are taking huge losses in the range of 20 billion. Short the wrong stock get murdered and banks don’t want to loan you money/ and brokers/shares. You become a risk they’re not willing to take. Just a side note for everyone because I like the people on this stock. Just after July 30, GME will go to somewhere close to $1000 pps. Word marked. Ipix in my opinion will have a similar move but in proportion. The hedgies are smoked July 30.
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