A legitimate question: If the stock price jumped to $300/share, who would buy it? There has to be some price where nobody will buy it, and therefore, the price will drop, and possibly crash, leaving people who bought anywhere above current levels at a loss.
A legitimate question: If the stock price jumped to $300/share, who would buy it? There has to be some price where nobody will buy it, and therefore, the price will drop, and possibly crash, leaving people who bought anywhere above current levels at a loss.
The short sellers will have to buy as they would keep getting margin called
Didn't the deadline for the shorts that were reported to cause the stock to go "to the moon!" expire long ago?
No they we packaged into swaps that just expired.
So the price movement going up was because they had to cover today? (not close of course)