LogFAQs > #949999929

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Topic	You guys see what's going on with GameStop's stock?
Colegreen_c12 01/27/21 10:18:09 PM #155:	foolm0r0n posted... Yeah but how does that happen on a highly shorted stock? They buoy the price as it falls which gives you plenty of time to sell. If i have to cover why would i buy after a stock crashed 50% from its max. why wouldnt i just wait until it finished crashing and sell at its lowest. If it's a gradual decline sure, but my assumption is that once most of the short positions are closed we are going to see a very quick drop. --- DPOblivion beat us all. <cite>Colegreen_c12 posted [p:949999929] in You guys s... [t:79253781]...</cite> <quote>foolm0r0n posted... </cite> <quote>Yeah but how does that happen on a highly shorted stock? They buoy the price as it falls which gives you plenty of time to sell.</quote> If i have to cover why would i buy after a stock crashed 50% from its max. why wouldnt i just wait until it finished crashing and sell at its lowest. If it's a gradual decline sure, but my assumption is that once most of the short positions are closed we are going to see a very quick drop. --- DPOblivion beat us all.</quote> ... Copied to Clipboard!
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