[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 3 KB, 300x168, download (4).png [View same] [iqdb] [saucenao] [google]
27153314 No.27153314 [Reply] [Original]

Hedgefunds who must cover shorts and people assuming it will moon and buy will raise the price. The hedgefunds covered a lot of shorts the last two days, but no one knows how much.
1.
If it's nearly all, then no squeeze. Meaning it might go to 400 then fall all the way down to 12.
2.
If it's some, then maybe 1 or two squeezes... after the holders hold and the pussies sell, maybe it bumps a couple hundred dollars, then falls to 12 from 750.
3.
or... maybe the fundies covered nothing really... and as long as you hold it will moon to two thousand and then you will watch some collapses and then it will watch it fall to 5.

If class action passes, prepare to get 3 cents a share for your trouble in 2022.

>> No.27154352

>>27153314
>1
Fake, it was $12 because it was severely shorted
>2
No one knows
>3
No one knows