Okay, I know it's unpopular to be bearish on this stuff, but I've got concerns. I hope I'm wrong tho.

  1. Trading volumes over the last couple of weeks can potentially cover short positions, thus short sellers may have already realised losses (as they fucking should).
  2. Short interest data is very laggy. The only 'up to date' source I know of is S3 Partners, and I don't understand their data collation/estimation methodology at all.
  3. I, as a retail investor, cannot differentiate between short ladders and institutional investors who went long with retail investors early tapping out.
  4. Related to point 3, I'm worried people are underestimating hedge funds more generally/are getting cocky and will be left holding the bag for hedge funds who went long.

I want to be proved wrong, even though I've already cashed out because the uncertainty above was making me uncomfortable, but more than wanting to be proved wrong, I don't want chapos getting fucked if I'm right.

Much love comrades