What Are Your Moves Tomorrow, February 03, 2021

There's a lot of people who know what they're talking about, but the posts are scattered over the last week. A lot of comments (like $5000 is not a meme) stem from educated people giving their analysis, but you have to do the work to find them. I'll help you with the first one: https://www.reddit.com/r/wallstreetbets/comments/l7bpf5/30_seconds_from_triggering_market_nuclear_bomb/

Some people have already sold shares in the $2500-$5000 range, but the entire thing was shut down with the Robinhood scandal. Shorts still haven't meaningfully covered their position or else the news would be silent on it. The truth is WE set the price once Wall Street is forced to cover (and they HAVE to buy at some point). People across the subreddit agree $1000 is too low. Friday was never a guarantee, and it was only the weak hands that jumped ship because they either don't have the will / means to ride this out, or they bought into the FUD propaganda that Wall Street is pumping on all cylinders.

/r/wallstreetbets Thread Parent