News Focus
News Focus
Followers 10
Posts 604
Boards Moderated 0
Alias Born 06/04/2020

Re: Vipyr post# 37322

Saturday, 08/07/2021 4:08:05 PM

Saturday, August 07, 2021 4:08:05 PM

Post# of 67022
Great intel.

So correct me if I'm wrong, buying pressure keeps up and the shorts (that 95 mil over the last two days) will be forced to cover higher, or price drops (through more shorting or impatient investors selling), shorts shake out enough shares and buy back in lower, making a hefty profit.

Either way that 95 mil will have to be covered at some point.

Does that sum up how this works?