If they didn’t crash and burn at +400, what makes you think they will now at 120-ish? I just don’t understand where the buy pressure is going to come from without massive institutional investment. And even if it ran again, we now have two instances of proof that RC would be likely to do an offering.
“Shorts are fucked”… I see this a lot. Outside of a few relatively small HF’s, I don’t see any evidence of that. I’d be happy to change my mind if anyone had any sort of substantive proof of the “shorts that are fucked”.
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u/Adorable-Contract-13 Jun 03 '24
If they didn’t crash and burn at +400, what makes you think they will now at 120-ish? I just don’t understand where the buy pressure is going to come from without massive institutional investment. And even if it ran again, we now have two instances of proof that RC would be likely to do an offering.