/biz/ - Business & Finance

After realizing I am an idiot for putting money into something I didn't fully understand I have spent the last fews days researching everything I can about the stock market so I don't let my greed get in the way of my intellect again. I'm trying to fully understand what exactly reddit is trying to do here.
Please tell me if I got something wrong.

All these Hedgefunds see these stocks that they believe are going to decrease in value. They short the stock and buy shares at it's current market price, expecting it to go down in price. They sell the shares, then buy the number of shares they just purchased at its lower market price, allowing them to close the position holding both the shares and the profit.
However with reddit buying up the price, they are no longer able to buy the shares for lower and are forced to hold their positions until the price lowers again or to a point where they are comfortable with the loss, taking it and closing the position. However with the price as high as it is, they cannot buy at the current rate realistically and are forced to sit on their ass trying to kike the price down to a point where they can escape their position with minimal losses or a profit.
Eventually however they will incur enough losses that a margain calls happens, meaning their investors are sick of losing money and pull out. At this point they have literally nothing they can do but purchase all of our held stocks at whatever price we have set.
So this is the big squeeze reddit keeps prophecizing and far as i can tell only plan anyone has anywhere.

WHY THE FUCK WOULDN'T YOU HOLD? STOP DOOMPOSTING. You entered into a game of billion dollar chicken, are you seriously going to back out of it after a few days? If you hold they literally cannot win.
Why doesn't WSB put a fucking explanation like this on the front of their subreddit? It would actually make people know why they're holding.
Tell me if i'm getting something wrong thanks.

HODL

Bump

Use "geok" as invitation instead.

Why? Because ill tell you the truth:

Given its current supply it will be a miracle if it hits $0.01 when it enters exchanges.

Nevertheless, its free money for pressing a button one time per day.

Hop on my mining team.

>geok

So anon, how did you get this rich?

any rich people ever been FIN DOMMED by a hot girl
i mean what else am i supposed to do with all my gains

>>21331368
>tfw had 3 years to accumulate link
>tfw can never get a tiktok gf now