And what happens if the people only "ask" more than the going rate on the shares they hold and others willingly buy them for the sole purpose of driving the price up crashing anyone who is shorting the stock?
Its going to be harder to do that as the stock becomes more valuable. Eventually they will run out of buyers and when it does gravity sets in.
I'm pretty sure most of this group of buyers care mostly about punishing the hedge fund and dont care if they lose every cent they put into this stock as long as the hedge funds go kaput.
The people to watch are the whales that are able to exit right now because of the feeding frenzy. Thats the real reason why this operation was executed.
(post is archived)