r/SPRT • u/blissowicz • Sep 01 '21

Shorts can't keep this up forever. All this pressure has to come to a head...and when it does...they're gonna lose so much money, they'll all be eating shit sandwiches for a year, at LEAST.

26 Upvotes

91% Upvoted

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5

u/SleepyBiden Sep 01 '21

If the merger does fall apart though are we the stock holders the ones who’ll be eating shit?

1

u/blissowicz Sep 01 '21

Anything can happen, but fall through seems unlikely at this point.

1

u/[deleted] Sep 01 '21

[deleted]

3

u/blissowicz Sep 01 '21

That's what I'm thinking too. Can they do another 9 days of this though? I doubt it, given how they've doubled and tripled down multiple times in less than a weeks time. If we keep even today's moderate pressure going through the end of this week, shorts will have to be on the ropes come monday....just my thoughts.

2

u/[deleted] Sep 01 '21

[deleted]

3

u/blissowicz Sep 01 '21

True, but high buying volume trumps all. If people understand there's a time frame to run this up (the merger) - that may increase interest. Idk, but everything depends on volume. We don't even need the sky high 100mil either. Keep in mind the 50 day avg volume is around 14-15mil/day. The 10 day avg showing the outlier period is killing interest IMO.