Been seeing a lot of comments in the past few days, “What’re the chances this is actually going to work?”-esq questions. Look, I’m not going to make you wrong for asking these types of questions because they are rational questions – but WSB wasn’t founded on rationality – it was founded on YOLOing our children’s college funds away and making memes about it. This is a MOONSHOT; not a sure bet – if you can’t handle the fire get out of the kitchen (aka sub to r/investing and get a nice safe index fund).
Here are the facts -> They NEED our shares. We are seeing them BLATANTLY use every trick in the book (naked shorts, keeping prices artificially low, blocking trading, etc) – in fact, they’re not even pretending or hiding it anymore. It’s out in the public – anyone who cares to see it can see it. But here’s the thing: despite all their tricks, at the end of the day – they still NEED our shares. At this point, it is a battle of attrition; they can only keep up their charade for so long before they literally have nothing left to short and they have to buy back their shorted positions (side note: I’m a retard and this prob isn’t exactly how it works but close enough so just fucking go with it for now). By holding (think Articuno chilling in cave [Seafoam Island] status) we lose NOTHING. If people keep buying/selling back and forth, it is playing into their hand. They want us to get bored and sell – behind all their dirty tricks, it sums up to them just trying to get us to sell – either through fear or boredom. Do what you got to do – but I am holding until the bitter fucking end.
Tldr; don’t get fatigue/boredom/fear from this – that’s what they want. Take time away and come back fresh. And most importantly – HOLD
Edit: Include specific location of Articuno’s YOLO spot
Edit 2: change “short ladder attack” to “keep prices artificially low” herp derp