[SpicyLemonZest]

But this isn't a narrative any of those institutional investors seem to believe. Michael Burry himself says that the current rally is "unnatural, insane, and dangerous", reports that he's closed his position, and is calling for legal and regulatory fixes to prevent this kind of situation from happening in the future. (https://www.bloomberg.com/news/articles/2021-01-27/michael-b...)

[mrh0057]

It is unnatural and insane. You shouldn’t be able to short a stock that much to the point to can destabilize the whole financial system. The ripple effects can be really severe because the shorts are going to lose an unbelievable amount of money and will likely be bailed out somehow due to the ripple effects.