3 upvotes, 1 direct replies (showing 1)
Do you know what was the price of the stock?
Comment by wifestalksthisuser at 28/01/2021 at 08:33 UTC
18 upvotes, 1 direct replies
It went from $200 to $1000 im 2 days, making a failing company (Volkswagen) the most valuable company on the exchange for multiple days. And Porsche collaborated with the shorts and helped them close their positions. This time around its not a single entity that controls the stocks, but possibly hundreds of thousands of individual investors. No one can give the shorts a discounted deal, they will have to buy at ANY price at some point. And when I say ANY, I literally mean ANY. 500$? 1000$? 2000$? More? We decide!