It's quite obvious by now that this beast is running off of shorts covering and somehow the Reddit crowd not panic selling their bullish positions. This bad boy will get a lot of us out of that dreaded dumpster behind Wendy's finally while simultaneously putting many more fight back in them. Personally I am seeing significant incline in the next several days. It's already a shit show for the short positions held and it looks like from all standard metrics that those conditions will not improve in time for that to get any better for the ones with which posses them.
Unlucky_Narwhal6490 t1_j6mdezd wrote
Reply to Hindenburg research of Carvana: time to buy puts! by Jshbone12
It's quite obvious by now that this beast is running off of shorts covering and somehow the Reddit crowd not panic selling their bullish positions. This bad boy will get a lot of us out of that dreaded dumpster behind Wendy's finally while simultaneously putting many more fight back in them. Personally I am seeing significant incline in the next several days. It's already a shit show for the short positions held and it looks like from all standard metrics that those conditions will not improve in time for that to get any better for the ones with which posses them.