LogFAQs > #950026253

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TopicStock Topic 16
CoolCly
01/28/21 4:47:19 PM
#465:




Colegreen_c12 posted...
say there is a room with 10 people of which 8 arent allowed to buy.

person 9 sells a share to person 10 for $150
person 10 sells a share to person 9 for $149
repeat.
person 8 sees that the share has gone down to $120 and panic sells
everyone else holds

You are increasing volume and lowering price but in this scenario only person 8s shares have returned to cover shorts


Do we really believe that almost all of the 170mil shares traded each day for three days and the 90mil yesterday were that scenario though?

It seems to me that there is enough fluidity to move these shares. My assumption is that most of those shares are retailers trading back and forth with eachother (IE buying at $200, selling at $250, $250 guy sells at $350, falls back to $300 and panic sells to new guy) etc. Why would the short sellers settling not fit into this?

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