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The 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.
by mrgreenfur 6y ago
The 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.