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Pump and dump? Can you explain how you reached this conclusion? It truly feels like WSB organically triggered a contrarian move against the shorts to squeeze t
by DSingularity 6y ago
Pump and dump? Can you explain how you reached this conclusion?
It truly feels like WSB organically triggered a contrarian move against the shorts to squeeze them. At least that is the reality I see — so why should we reject this?
- bagacrap 6y agoAlthough the exact time is a matter for debate, at some point, the value shorts exited their position and "buy and hold" remained the refrain. At that point it became a speculative bubble with no real end goal. The bubble is a pump & dump because there were still a lot of hype posts ("10k is not a meme").