And when the Reddit team run out of steam - who is going to buy all their worthless shares off them ?
Market manipulation is crime, usually if it's an individual or small group they go to jail. How can organized mass events like this be punnished ?
This is the unique element of a squeeze. Because of the over-short, the only way they can exit their positions is by buying the underlying stock. Which equals near infinite 🚀.
@georgert started
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And when the Reddit team run out of steam - who is going to buy all their worthless shares off them ?
Market manipulation is crime, usually if it's an individual or small group they go to jail. How can organized mass events like this be punnished ?