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re: How many Reddit posters are telling you to buy while they sell??

Posted on 1/28/21 at 11:55 am to
Posted by WDE24
Member since Oct 2010
54183 posts
Posted on 1/28/21 at 11:55 am to
quote:

120% is still showing short
what portion of that is after the recent run?
Posted by LSUAlum2001
Stavro Mueller Beta
Member since Aug 2003
47138 posts
Posted on 1/28/21 at 12:01 pm to
quote:

what portion of that is after the recent run?


Could just be hedge funds shorting at the current price and returning the shares previously shorted. The short interest levels would remain flat.

Like a ponzi scheme.

Eventually, the price will drop back to normal levels and the latest shares shorted at these high prices will be returned when it's back at $20/share.
This post was edited on 1/28/21 at 12:06 pm
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