RE: Not convinced21 Dec 2023 13:17
The shorts can't simply suddenly access the HUGE amounts of shares required to immediately close. It's moronic to simply say that, on paper, 'shorts aren't closing'. This'll creep up and up whilst they go into damage limitation mode using bots to deal and try and keep the SP at a more helpful level for them. Let's face it, the MMs will do their best to give them more favourable exit-points by trying to get private investors to panic sell if they think their profits are dwindling with a penny or two drop. Then it'll simply rise again up gradually, eventually reaching a a more glaringly realistic fair price (rinse and repeat this manipulation along the way). System's so far weighted towards the financial institutions making profit over your average shareholder on the street, it's almost a p*** take