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Re: cadillacdave post# 56225

Monday, 06/28/2021 2:42:54 PM

Monday, June 28, 2021 2:42:54 PM

Post# of 147436
More a question of "why" vice "why not" let it run. Thinking like a HF, you let it run and the margin requirements goes up ... face a chance of margin calls and margin calls force squeeze.

If I were a HF, I would short this to death causing fear and people to sell. Sell puts additional down pressure at which time I would start covering ... make a lot of money selling at $60 on down to say $20 and covering at $20. This usually works for them, BUT, if Apes still hodl, they are even more screwed. Just saying.

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