TechFlow reports that Citron Research, one of the most well-known GameStop short sellers, has announced it is no longer shorting $GME. While Citron does not believe the company's fundamentals will improve, it acknowledges that the firm's $4 billion in available funds is sufficient to appease its fervent shareholders.
Although Wedbush set an $11 price target today, we still respect the market's irrationality. While the increased share count may dilute the collective sentiment, Citron will currently remain on the sidelines. By the way, Roaring Kitty's livestream remains an insult to the capital markets.
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