Any large dips people are ready to buy
need the volume, regardless
I think we are nearing the end game. Contrary to what a lot of people think, these hedge funds don’t have limitless funds, and their current strategy has failed to peel away investors. Buy sell orders show retail isn’t budging, standing its ground in the face of aggressive short attacks, treating them as a mere nuisance.
The only other tactic is to engineer a rise in the price, but doing so risks leaving them open to margin calls, especially if FOMO kicks in and people buy at the higher prices.
If they stop shorting, but fail to cover, the price will rise. If they cover, the price will rise. If they short, but we remain firm and buy the dips, the price will rise. There’s nothing short of the government stepping in and taking our shares (
) that can rescue hedge funds from the MOASS.