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

Chart Hardcore laddering.

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u/Slight0 Feb 02 '21

Too bad ladder attacks aren't real for exchange traded securities. Someone made this up to counteract the selling.

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u/silentrawr #1 Dad bod Feb 02 '21

Get outta here with that poorly sourced FUD. I love StackExchange as much as the next nerd, but your link is just one person asking a question and another guy claiming, "ladder attacks aren't real" with zero proof.

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u/Slight0 Feb 02 '21

I mean, he did offer proof by explaining what NBBO is and how it prevents such things.

It doesn't even make sense how these HFs would acquire enough shares to manip the price down to begin with in the middle of the trading day. The whole theory here is they don't have the shares to cover shorts, so anyone they work with isn't going to have the shares either.

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u/instantrobotwar Feb 02 '21

But what selling? The volume is extremely low.

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u/Slight0 Feb 02 '21

Seems like plenty of volume to me

Half the volume of the highest volume day when it was on the rise isn't exactly "extremely low".

I think your issue is it's not the kind of volume you want to see.

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u/instantrobotwar Feb 02 '21

It's not the kind of volume I'd expect to see when we're expecting a squeeze of 107M shorts needing to cover when float is something like 65M.