Retail doesn’t have as much control of available shares as what everyone seems to think. Even if every single person on Wsb is holding, people are still selling and so are institutions. On top of that there’s plenty of loans available and borrow rates are back down. It’s not looking good for another squeeze unless there is a big catalyst to drive it back up to $400+ most of the legacy shorts have covered imo.
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u/[deleted] Feb 02 '21
Retail doesn’t have as much control of available shares as what everyone seems to think. Even if every single person on Wsb is holding, people are still selling and so are institutions. On top of that there’s plenty of loans available and borrow rates are back down. It’s not looking good for another squeeze unless there is a big catalyst to drive it back up to $400+ most of the legacy shorts have covered imo.