Smokin Rider
I been official
Why you get kicked?It was fun till I got kicked out the reddit and now I dont know what's going on
Why you get kicked?It was fun till I got kicked out the reddit and now I dont know what's going on
trying to start a coli street bets?
This is fun.
Gamestop is heavily over shorted. Thats the key to the whole thingCorrect me if I'm wrong, but couldn't you do what WSB did with Gamestop, with any stock that has shorts?
Gamestop is heavily over shorted. Thats the key to the whole thing
Should I buy more AMCHodl people do not panic
Everything's dropping, I can't access the reddit, don't know what to do
Depends on a couple other factors like float and etc but yea that’s the point.
Hedge funds and wall street has been shorting so hard they basically turned a lot of stocks into traps that you were guaranteed to lose money on.
But if you can drive the price and demand up enough on one of those heavily shorted stocks, you’ll force them to gradually lose on their shorts until bears lose faith and abandon ship, then comes liftoff.
Even if they don’t jump ship, hedge funds are gonna try and cover their options by buying the shares, which also drives up the price. It becomes a positive feedback loop.
On these small cap stocks, it don’t take that much to drive the price up, especially if there are a lot of shares floating, so it’s easy to buy.
Everything's dropping, I can't access the reddit, don't know what to do
*Taken from a articleBut isn't damn near every stock shorted? Maybe not to the extent of Gamestop, but still running on a short?
Everything's dropping, I can't access the reddit, don't know what to do