[mitch3x3]

Go read the current financial position yourself. The hedge funds still have to buy over 100% of the total amount of GME shares to cover their short positions. To do that they need to buy existing shares at current market value or they go bankrupt. Its a vicious cycle. Go look at previous short squeezes that have happened.

[mike00632]

No. They don't HAVE to buy the stock. They don't need to cover their shorts. 100% isn't some magic number like you've been told.