It costs nothing to hold. They have to choose between a hail Mary and closing. | Hacker News

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PartiallyTyped on Jan 26, 2021 | parent | context | favorite | on: The Battle of GameStop

It costs nothing to hold. They have to choose between a hail Mary and closing.

jeffbee on Jan 26, 2021 [–]

This is not right. There is a daily fee to borrow any stock. It varies by issue and it changes over time.

PartiallyTyped on Jan 26, 2021 | [–]

I was referring to 'us' holding the stock not costing us. They need to pay millions on holding their position open.

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