From Reddit - I’m inclined to agree that things may be shit right now but I don’t think it’s the total end game just yet - I think they are likely to rise back up a bit next week. Not to where they were, but I don’t think the losses today are the final word.
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GUYS Every single dip is caused by a mass selloff.
It’s not WSB selling. Even if we were, it wouldn’t make a BLIP in the share price.
DeepFuckingValue could sell right now and it wouldn’t make a blip.
These dips are caused by the shorts trying to tank the price. They are selling borrowed shares. Again. To each other. They are doubling down. They are trying to scare you into selling.
Every share they sell is borrowed. It has to be repaid. They will need to buy it back and repay it.
Every dip is just another rise waiting to happen.
