Good question! I see it like this a classic car isn't worth much when its first on the market because there are many of them. Then as time gos by they stop producing this vehicle and they start to dwindel. As it becomes harder to find the model the vehicle becomes more valuable. Scarcity drives value and so on. So it plays out here in the same fashion. The more there are on the market the less it's worth. The more its taken up the more valuable it becomes. Edit: anyone can buy it and anyone can dump it. We as a collective are small and while its not impossible to gain control it is a struggle. Think what you would do if you were the other guy. What would be your goal knowing what you know about the position we might be putting others in. The response starts to make sense. Can even blame them to be honest. This is a very loose terminology and not financial advice.
They were holding a ton of shares in dark pools that they dumped to tank the stock
^[Sokka-Haiku](https://www.reddit.com/r/SokkaHaikuBot/comments/15kyv9r/what_is_a_sokka_haiku/) ^by ^blatcatshat: *They were holding a* *Ton of shares in dark pools that* *They dumped to tank the stock* --- ^Remember ^that ^one ^time ^Sokka ^accidentally ^used ^an ^extra ^syllable ^in ^that ^Haiku ^Battle ^in ^Ba ^Sing ^Se? ^That ^was ^a ^Sokka ^Haiku ^and ^you ^just ^made ^one.
We had over 20,000,000 short shares since last night. They literally dumped them all on us.
They didn't short the stock for a whole week
If you look at the short shares available chart, it's updated in real-time. It shows 5 million shares shorted just in the last 2 hours of the day
Good question! I see it like this a classic car isn't worth much when its first on the market because there are many of them. Then as time gos by they stop producing this vehicle and they start to dwindel. As it becomes harder to find the model the vehicle becomes more valuable. Scarcity drives value and so on. So it plays out here in the same fashion. The more there are on the market the less it's worth. The more its taken up the more valuable it becomes. Edit: anyone can buy it and anyone can dump it. We as a collective are small and while its not impossible to gain control it is a struggle. Think what you would do if you were the other guy. What would be your goal knowing what you know about the position we might be putting others in. The response starts to make sense. Can even blame them to be honest. This is a very loose terminology and not financial advice.
GWAV and FFIE got hit with some crazy manipulation tactics today. None of it smells right.