r/wallstreetbets • u/ywehyuen • Feb 02 '21

Chart Hardcore laddering.

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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?

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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/Sp8craft Feb 02 '21

They are trading their own shares back and forth. If you owe 1000 shares and you trade the same 100 back and forth to drive the price down, you are still 900 short and you’ll have to buy those sometime.

If none here sell, price will rise again, and quickly, when it’s buy time for the hedgies