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| Topic | Stock Topic 19 |
| red sox 777 02/03/21 3:19:43 PM #364: | StartTheMachine posted... What's so sad about what's going on right now is that WSB is just pouring all of their cash into trying to continue to pump these, probably very few people selling (since they're likely all bagholders at this point), and they're just making institutions and HFT algos all the money. Giving it right back to them. That depends on how much short interest there still is. You don't need 100% short interest for a stock to squeeze. It also depends on the willingness to sell of the holders. In some senses the situation is more dangerous for the shorts now, because anyone who has not sold at this stage is probably a true believer and is not going to sell except at a much higher price. If the number of shares shorted exceeds the number of shares held by true believers, the shorts are in trouble. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest! ... Copied to Clipboard! |
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