Wednesday, June 02, 2021 10:48:36 AM
But if you notice the volume here is rarely more than a couple percentage points of the OS, because the longs are very long here.
The last big sell day was at the end of the CNBC interview - and if you looked at the oversold status from the days before and the day after, you would see that a vast number of those shares were indeed fake. We, as longs, or retail investors in general, are unable to manipulate the prices like the MM’s can, because we can create shares out of thin air. The best we can do is either a) buy when heavily shorted and oversold, and hope others are informed and have cash ready to use, or b) sell the news along with them.
We won’t be seeing b) again for a while, IMO.
$HMBL
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