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I think this is overstating it a bit. The WSB guys have figured out something simple - that in manipulating stocks to take them down via shorts and public state
by InTheArena 6y ago
I think this is overstating it a bit. The WSB guys have figured out something simple - that in manipulating stocks to take them down via shorts and public statements - the institution doing the short is very very vulnerable to a short squeeze, in which everyone might make some money, some people astronomically so.
Tesla's current stock price is very much a result of some very public shorts, which led to a series of short squeezes. Now it doesn't fall because the people who pulled the short squeeze can't unwind their trade quickly without loosing everything.
- supernovae 6y agoThe people can/have unwound their stock.. its the institutional groups who had to buy to cover that can't afford to sell.