ST Alpha - "Daily range as of this second. 196.05 - 482.85. On the low... -- nm" (Reading a Post)

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In response to "I think the fun is over with Gamestop." by Inigo

Daily range as of this second. 196.05 - 482.85. On the low... -- nm

Posted by zunkskunk+ (aka zunkskunk) Jan 28 '21, 08:10

(No message)

Responses:

Every time someone wants to sell, there has to be a buyer. Who is offering more than a buck right now? -- nm - Mop Jan 28, 08:17 6
- But with some of the short sellers deciding to cut their losses, there are people willing to buy at current prices - JD Jan 28, 08:36 2
  - And not to put too fine a point on it, some people have to buy, right now, at what ever price they can. -- nm - Reagen Jan 28, 08:37
  - Oh and there's the infamous margin call scenario? -- nm - JD Jan 28, 08:37
- If no one wants to sell for a buck, you ain't getting it for that. It's into pure scarcity pricing, like a baseball card. -- nm - Reagen Jan 28, 08:24
- Hedge funds covering and re-shorting on the way down to lock in their gains? -- nm - znufrii Jan 28, 08:19 1
  - Also HFTs don’t care what the price is. -- nm - znufrii Jan 28, 08:25

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