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by throwaway-571
1965 days ago
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I am wondering the same. Maybe everybody is kinda hoping for the short squeeze? WSB is to stick it to the man but the other market participants? The stock is shorted above 100%. If the price goes up enough, maybe the shorters will be have to exit their position and then will be the one left bagholding? It really depends at which price they started the short. $8, $20 $350 $450? But the puzzle is that "retail" is only a third of the market. a lot of the after hour kept it above 300 on Thursday and on Friday, and that is not the John Q Public doing those trades, so the big fish seem to be in agreement that it might be worth a try to go for the squeeze? |
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