The data comes from large market intelligence firms. If we don't give them any credence, then we really are flying blind.

It depends where they get their information from. Often its just the word of the hedge funds themselves. Those same firms (or ones like it) said the mortgage market was fine in 2008. You have to remember that they have an absolutely massive institutional bias And there's a lot of public data That Suggests shorts haven't exited. This wouldn't even be the first time they've lied about covering their short position

So, unless they're publicly available data that supports the shorts having covered I don't really believe it.

This post was edited by Thor123422 on Feb 1 2021 09:39pm