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ignatiusrielly35

01/15/22 12:01 AM

#14316 RE: king oil #14310

I worked on the Street in the 90’s, before the advent of the manipulation algos and the now-rampant options fakery. I’m about 75% convinced that the trapped shorts theory is correct. I have some sources that say yes and done say no. More yes than no. But everyone has their own motivations. Right now, the short side is benefiting from macro market conditions. Will it bail them out? I doubt it, because the retail horde is dedicated to principle, and they are going to be tough to dislodge. The margined retail longs are probably mostly gone, and I doubt that those who are not forced out will actually get out.