/biz/ - Business & Finance

>>27342921
silence, knave, your king is speaking

>>27288733
what happened to biz frens, why are there so many actual retards now
this was an attack on biz, I see it all now

To all the shills saying new shorts were opened at $300-$500 and that holders will have to sell... why are you lying?

If new shorts were opened at $300-$500, that means more stock was *borrowed* and sold up front. In order to be profitable, they'd need holders to sell at current prices are lower so they can cover with real stock. If that is the case, holders can hold until $10K and fuck over all the new shorts and existing shorts that doubled down. Shorts HAVE to buy. Opening new shorts induces artificial scarcity with a new base price level and makes the stock MORE VALUABLE.

I think the media is lying to us by implicating that retail will "get hurt". The only retail that could get hurt would be retail opening short positions or dumbass retail that tries to buy in on the way back down once shorted % of available stocks drops below a certain threshold post-squeeze. You want to shake out paper hands and you're manipulating to do it.

Am I wrong?

Anyone trading with etoro?
Trying to open other apps as a non american on time since people say it really is more of a social media app than a trading app.