The shorts, from Melvin and others, have mostly been covered, leaving a lot of people holding bags.

https://twitter.com/ihors3/status/1356018482471718916

https://s3partners.com/Exclusive.html?utm_source=twitter&utm...

This is not some hedgefund guy trying to spread FUD, he's been pretty consistent in his reporting on this over the past week.

ie: this post on Thursday https://www.zerohedge.com/markets/we-have-some-bad-news-game...

In one of the comments Ihor said the algorithm will be running overnight to get a better idea of the actual number...

Is it actually plausible that an algorithm running on presumably one stock needs to run for over a day?

I believe S3, they've been reliable so far. But with this much money at stake, it wouldn't surprise me if they've been bought out to spread misinformation.

I can't personally evaluate his credibility, but his claim seems to be that "the algorithm" will be running overnight because new data from Friday's trades is still coming in.