Quote (Thor123422 @ Jan 26 2021 01:23pm)
Sure, but they got greedy and shorted more shares than exist.
They're getting punished for endlessly doubling down, not for taking a short position.
Charles Schwab , TDA, WFC were unable to execute any more short trades during last 2 hours of today’s trading
Big money was shorting initially and got fucked early. Don’t think anything over 60$ price action has been organic.
The tel:60-90-160-7460-90-160-74[/URL] move was artificial and whale money imo, with smart money going long at 60 range. Then using WSB as the reason for the continued rally.
The idea that smart money still shorting is a hoax, I think retail investors have a lot of the short proportion atm trying to outsmart the big guy
50% after hours moved ain’t no dumb money
My thoughts. No position
This post was edited by Bazi on Jan 26 2021 05:37pm