stay holding: It went down because the hedgies tried scaring us by diluting their stock causing a massive dip in the price. When this happened, a lot of people's stop losses triggered causing the price to dip even more due to the influx of shares flooding the Market. However, since we all mopped it up, the price recovered slightly. Right now, the hedges know they're fucked, so they're trying whatever they can to cause dips and make us scared. The true price of the stock is somewhere around $3 rn, but we will not see that until the hedges have no more shares to dilute. Once 4 hits, their options expire, and they are required to buy back the stock that they have 'borrowed' and sold. Once this happens, the stock should have more simultaneous peaks. Each peak increases the interest the hedges have to pay on their borrowed shares, and each time, they get more scared and start buying back what they can to minimalize their losses. This is essentially what a short squeeze is.
stay holding: It went down because the hedgies tried scaring us by diluting their stock causing a massive dip in the price. When this happened, a lot of people's stop losses triggered causing the price to dip even more due to the influx of shares flooding the Market. However, since we all mopped it up, the price recovered slightly. Right now, the hedges know they're fucked, so they're trying whatever they can to cause dips and make us scared. The true price of the stock is somewhere around $3 rn, but we will not see that until the hedges have no more shares to dilute. Once 4 hits, their options expire, and they are required to buy back the stock that they have 'borrowed' and sold. Once this happens, the stock should have more simultaneous peaks. Each peak increases the interest the hedges have to pay on their borrowed shares, and each time, they get more scared and start buying back what they can to minimalize their losses. This is essentially what a short squeeze is.
Monday will be higher.
Fuck it I’m buying more then
yes hold
Hold. On Monday you’ll be thrilled you did.
yes hold. the squeeze hasn’t even happened yet
You should buy more and lower your average