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Think about the chart. I lifted it from another post and I added the red “Shares owed by shorts”. The orange part of the bar is supposedly retail holders and currently dominates. The purple is institutions and/or shorts. Insiders are blue, holders 😁
The red line represents the debts shorts have accumulated that they have to pay back to brokers with shares. WHERE DO THEY GET THEM FROM?
If we encourage new Apes to buy shares, WHERE do THEY get them from?
There is no need to upset this current state before Thursday is won. If we do then the little purple group might find a way to unsettle us. For instance. If the price went up just 5x how many of the orange group would sell? A lot. And think about who would buy them, your new ape friends and/or the shorts! Maybe enough to allow shorts to settle the red bar of debts and now there is no short squeeze pressure.
At the moment that little purple group only has a few shares to work with to get the price down below $1. The orange retail are proven APEs, they won last week!
On Friday us (orange group) and new APES can start negotiating with the purples and eachother (in the market) about what the fair price of our shares is to sell to shorts to let them settle their gambling debts. 100x? 1000x?
So please comment if this is flawed otherwise hold and buy dips thru Thursday!
(Please don’t get distracted with whether the chart is old etc, it’s provided as to illustrate the “why” and it works with whatever numbers you choose to believe.)
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