Source
r/Superstonk•
needlessoptions

If you had to cover THIS many shorts...

Discussion 🦍

...would you do it at $170, or would you do it as close to zero as you can get?

Prepare for the mother of all dips before the mother of all short squeezes (not saying that's what's happening right now but it could be)

In other words, track to launchpad very bumpy bad road but it's the only way there.

For example: here's the chart for the Volkswagen short squeeze of '08:

Enormous dip before take off

VW is slightly different because it didn't have desperate hedge funds purposefully tanking the price as far as I'm aware but the same principle applies:

Diamond hands babyyyyy

Posted Apr 9, 2021, 5:19 PM UTC · edited

2311
nmstanley32•

That’s what I was thinking of they are really gonna test our diamond hands but I’m long on the stock anyway

12
duncan1000000000🦍 Buckle Up 🚀•

Permission to buy more when it gets lower...? Need to avg. down from now on... 🦍💎🙌🚀🌑☘

7
Smokiemcpot84🎮 Power to the Players 🛑•

I was hoping the same thing is happening?

They have to cover and they want it as low as possible, who will be the first to jump ship??

5
needlessoptionsOP🦍Voted✅•

who will be the first to jump ship??

Not me, I'll fucking hold till I die

6
Smokiemcpot84🎮 Power to the Players 🛑•

I’m talking about the hedgies

4
needlessoptionsOP🦍Voted✅•

Oh idk it's gonna be absolute chaos, everyone is gonna want to be the first to cover

1
Smokiemcpot84🎮 Power to the Players 🛑•

This stock is getting too much attention, the fact they keep shorting instead of calling themselves leads me to believe they are waiting for these rules to be decided on just as much as we are

1
Adventurous-Sir-6230🎮 Power to the Players 🛑•

Please borrow more, increase your exposure. Borrow like there is no tomorrow, because that’s how you get margin called! Please do it. End your suffering.

2
[deleted]•

[deleted]

2
TouchTenderson•

Is it right to assume that the majority of the shares being sold are HF borrowed ones? If so wouldn't that make the price irrelevant if retail aren't selling at all?

Other than for padding my pockets with more shares they need to cover.

1
needlessoptionsOP🦍Voted✅•

Yea it is irrelevant to the squeeze, it's just to get paper hands to sell.

2