Look at stocktwits.com, Every trending stock is trending because of massive bot-posting.
It started today.
Some entity is trying to get retail traders to pump stocks, and they might exit soon.
Cryptocurrency too.
What is going on
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The squeeze that is always “not here”, “this is not the squeeze”. What do you think the institutional investors holding enormous numbers of shares are doing “HODLing”. They are collecting premiums on covered calls all week, running automated social media campaigns about how “the squeeze is definitely tomorrow, eat crayons” and burning the calls by tanking the price, selling puts, and running the price up against the outs they sold. They are doing it with Tesla too, Crypto futures, Wish, Clov, Wkhs, Ride, anything you see in reddit.
And you may ask, “if they run the price back up? The calls go back in the money!” No they don’t, because they rely on retail taking losses on the run down, buy the calls back while selling puts, then run the price back up.
You may also a ask, “Why not hodl shares?”. They want you to do that. Forever. Yes it’s possible that when barcoding the price generates little implied volatility on options, they’ll “start the real squeeze” again and you can get out, but not after waiting a long time, half a year.
But the real reason the want you to hodl is they know what the end result is, After they are done collecting premiums upon premiums, they’ll do what they did with every other stock they “short squeeze”. They bail, coordinating a mass sell off, leaving hodlers with a non dividend paying highly diluted stock with a ceo well paid.
They either go bankrupt, buyback, reverse split, let 4 or 5 years pass, and then repeat the process.
It seems the only way to win is to just buy blackrock itself and collect dividends. Ive personally shifted to microsoft