LogFAQs > #949999170

foolm0r0n posted...

Why though? If everyone puts a stop loss at the price they bought in on, who loses other than the shorters?

Those with weak hands will lose, sure, like any stock. But there's so much safe money to grab here.

I mean when you're selling there has to be someone at the other end of the transaction buying it. There's some number of stocks that have to be bought due to the shorts, but then there will still be more people who want to sell. Once the hedge funds have taken their hit, who else is going to buy a still clearly inflated stock (except, perhaps, for suckers who don't realize that it's over)?

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Congrats to azuarc, GotD2 Guru champ!