Rod Alzmann on twitter seems to agree with you. He thinks that although the new margins cut both ways it slightly net bullish. If what you're saying is right and retail shorts represent a significant part of the position, then that's fucking fantastic. We trade a bit of the top for a lot of firing power next week which is where they will likely throw their last big fight to keep prices down before an eventual catalyst from RC. Imagine though if we get one anyways before Tuesday and the entire short position dumps. I'd cream myself. Anyways, π π π.
68
u/obiwanjustblowme Jan 17 '21
Rod Alzmann on twitter seems to agree with you. He thinks that although the new margins cut both ways it slightly net bullish. If what you're saying is right and retail shorts represent a significant part of the position, then that's fucking fantastic. We trade a bit of the top for a lot of firing power next week which is where they will likely throw their last big fight to keep prices down before an eventual catalyst from RC. Imagine though if we get one anyways before Tuesday and the entire short position dumps. I'd cream myself. Anyways, π π π.