RE: RE: RE: Nice riseexactly,
Hedge funds are very good at what they do. They will control the rise and slowly reduce their short positions.
They seldom panic!!!!!!
You are wrong Sir, in order to effectively cover their short positions they need appropriate volume. Who is gonna sell to them all those shares. As someone wrote before most of those who wet their pants already sold at the bottom and gone. Shorties will be forced to buy whatever is available at the market. By creating fake impression of volume selling to each other they only delay the reckoning day. They got too gready amd deeserve to be punished. And don't tell me that hedge funds never panic. They do!!! And during my long enough life I was a witness many many times when they were running to the exit stumbling over each other. With huge amount of shorts to cover it definetely may be the case for YLO. We'll see. I bought today more shares averaging down my position. I am still deeply in red, but I was in those situations before and my gut feeling tells me one day my patience will be rewarded.