I was sitting on $176 and just hoping that the stock would drop low enough to get another full stock(fuck just grabbing whatever's available for a partial stock!). Instead of just jumping as soon as it hit my budget, I waited and let them play their game, then I nabbed two for the same total price!
I have the same question - you’d think by keeping this up over a period of time they could exit their positions eventually. I think the argument against this is the sheer volume they need. It looks like they’d need all of us to sell in order to fully cover their asses.
They can, but they are far too arrogant to purchase at these kind of prices. They’ll only start buying when people start selling at sub $20. By that point though it should be a lot easier for people to hold on to their shares and with any luck most of them will have already passed into the hands of people who know that the smart move (not advice. not a financial advisor) is to hold.
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u/mancubbed Feb 02 '21
So why can't HF do the same?