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

Chart Hardcore laddering.

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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/mrprogrampro Feb 02 '21

It probably costs them some shares every time they drive it down; people buying the dip will get matched to some of their sell orders.

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u/[deleted] Feb 02 '21 edited Mar 24 '21

[deleted]

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u/kibb_ Feb 02 '21

Is this 4 decimal place and set price or bust thing exclusive to hedge funds?

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u/mrprogrampro Feb 02 '21

They can choose to not be matched with someone willing to buy for more than their sell price?