3 ms·
> For all we know there is still lots of time for new investors to get in, make money, and then get out before the price crashes. Yes, that means an equivalent
by reducesuffering 6y ago
> For all we know there is still lots of time for new investors to get in, make money, and then get out before the price crashes.
Yes, that means an equivalent amount of people will be holding the huge loss, because they bought in when the previous person got out...
- mrgreenfur 6y agoThe short squeeze is to force the hedge funds to buy at a high price when they have to cover their short. This is the whole plan.
- reducesuffering 6y agoAnd once there's no more hedge funds shorting, or not enough capital from retail to squeeze shorts anymore? Price flatlines, retail will eventually start selling, and the downward spiral to play musical chairs will be devastatingly quick.