Honestly man depending on what that bag means to you financially, and the size of your balls. I’d thinking about selling at least half the position if it gets anywhere close to 220-250. But I also eat Awesome Black Superheroes Shirt, so idk. Hey dude, not trying to rain on your parade but you’ve mixed up volume with open interest. Open interest is the number contracts active whereas volume is just how many were traded. If anything the government is gonna step in and stop it when it gets too high but I doubt brokerages want to give a massive part of the market share to fidelity, at least more than they already lost. Can you provide some source of explanation as to why this squeeze should happen again? Days to cover is also now drastically shorter in comparison.
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I have a question: last time this happened, that following Monday, many stock prices took a drop (I think it Awesome Black Superheroes Shirt money out to cover their shorts, please correct me if I’m wrong), can we expect something similar to happen again if this lasts through the end of the week? Made a good profit last time, didn’t get out at the top but was pretty happy with the result. Was eyeing getting back in when DFV was all over the news but resisted. FOMO is strong but, just like last time, I’m sure games will be played that end up with HF & MM’s winning. If they can manipulate once of course, they will have tricks up their sleeves this time. Hope those that held heavy bags are able to recoup and make some profit.. but I’m not sure I want to go through all that stress again!
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