My goodness no. Not over at all! I'm afraid people look at the stock price like it's the scoreboard in a game. But it's so wrong. Hedgefunds are getting their asses kicked right now, and nothing they are doing is really working - it's not prompting the sell off and abandonment of the stock. The scoreboard is their financial reserves and the float, which is still exactly where it was at the start. These hedgefunds don't have any intention of ever covering their shorts. They'll lose with that strat, but they don't know any other way. It's a shutout right now, no one on their side looks like they'll walk away from this.

My goodness no. Not over at all!

I'm afraid people look at the stock price like it's the scoreboard in a game. But it's so wrong. Hedgefunds are getting their asses kicked right now, and nothing they are doing is really working - it's not prompting the sell off and abandonment of the stock.

The scoreboard is their financial reserves and the float, which is still exactly where it was at the start. These hedgefunds don't have any intention of ever covering their shorts. They'll lose with that strat, but they don't know any other way.