You know that to "transfer the wealth" you have to sell!
Once people start selling into the market in a disorganized fashion, the price plummets, and the hedge funds who are strong holders just ride it out and cover after the crash.
Maybe some hedge funds are forced to cover at a big loss - but unlikely given the total amount of money is only a couple billion.
Instead, 95% of the buyers riding the squeeze get fucked. And those are the little people!
It's definitely possible to make money on a corner fighting people with deep pockets, but you need to have a large position and do private trades (off-exchange).
Please, little people, if you try this, don't bet money you can't afford to lose!
You know that to "transfer the wealth" you have to sell! Once people start selling into the market in a disorganized fashion, the price plummets, and the hedge funds who are strong holders just ride it out and cover after the crash.
Maybe some hedge funds are forced to cover at a big loss - but unlikely given the total amount of money is only a couple billion.
Instead, 95% of the buyers riding the squeeze get fucked. And those are the little people!
It's definitely possible to make money on a corner fighting people with deep pockets, but you need to have a large position and do private trades (off-exchange).
Please, little people, if you try this, don't bet money you can't afford to lose!