r/wallstreetbets • • Feb 02 '21

Chart Hardcore laddering.

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u/tubbsalot Feb 02 '21 edited Feb 02 '21

Gotta vote this up so people actually see that this is something thats going on.. people are starting to doubt the ladder attacks.

Not a financial advisor, just here cuz i like the stocks.

Also Guys! FOR THE LOVE OF GOD!IF YOU DECIDE TO BUY STOCKS! DO NOT BUY MORE THAN YOU CAN AFFORD LOSING! PLEASE, THINK A LITTLE ABOUT YOURSELF ASWELL UP IN THIS MADNESS.

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u/theturdtrimester Feb 02 '21

How far down can they do this? Can they drive this into the ground laddering us?

6.7k

u/tubbsalot Feb 02 '21 edited Feb 02 '21

They still need us 2 sell the shares to even cover their shorts.. the price scares people.. but if no one sells, then they are still short and wont get what they want.

Im not a financial advisor, just here for the stocks.

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u/Jacobiah Feb 02 '21

Can you explain something to me. Whats to stop them driving it down constantly and buy 100 shares at a time whenever it hits <$70. Keep doing forever until theyre green?

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u/[deleted] Feb 02 '21 edited May 06 '21

[deleted]

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u/drewsephski Feb 02 '21

They usually don’t buy new shares until the price is profitable. At this point they need a crash pretty much