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NOGDP | 5 years ago

> By this logic though, if you're already in a short squeeze, then the retail buyers (the ones who are doing the squeeze) not buying any more should not cause the price to drop: the person getting squoze (did I use that word right?) will have to buy whether or not Robinhood traders are. The price would still be shooting up. In a short squeeze all that WSB had to do was hold.

Obviously the blocking of buys will have an effect on the price and availability of the stock. Not that it provides any reasonable justification for RH either way.

> If your "short squeeze" is dependent on people buying more in order to create a short squeeze, then you are just coordinating to create a short squeeze, not dealing with a "natural occurring" one.

Even if you want to buy the stock because you know there is a short squeeze ongoing, that is not illegal. That is just analysing the market conditions and seeing the obvious.

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