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Posted On: 09/02/2020 5:27:29 PM
Post# of 148902
it's possible Sykes had *something* to do with the price going up, however, it's no coincidence that the stock started to rise dramatically the day after Patterson's Ted Talk on June 17.
That's when all of us longs began pouring more money in and told our friends and family to invest. The stock wouldn't have even been on the shorts' radar if it wasn't for us and our friends buying a lot of the stock and driving the price up after BP's talk. It's not like the stock rose to $10 in mid-May.
The shorts can only raise the price so much, but they CAN easily blow through stop losses, which is what happened on that fateful day.
That's when all of us longs began pouring more money in and told our friends and family to invest. The stock wouldn't have even been on the shorts' radar if it wasn't for us and our friends buying a lot of the stock and driving the price up after BP's talk. It's not like the stock rose to $10 in mid-May.
The shorts can only raise the price so much, but they CAN easily blow through stop losses, which is what happened on that fateful day.
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