Buy pressure must come from retail, and, crucially, they cannot sell. A war between Do it for the culture chocolate ancestor shirt and institutions is going to look really fucking suspicious, and there is already a cohort of Diamond hands on reddit that is super committed. Longs will engage their shills to manipulate reddit in the direction of buying and holding. It is no coincidence that Diamond Hands is the meme that has lasted all the way to the end. Longs need our diamond hands, and their Good Shills have been our guides.
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This is a perfect example of what I mean by “the Goods are aligned with us but not on our side.” Bureaucrats are pragmatic Do it for the culture chocolate ancestor shirt, and frankly do not believe retail deserves to get rich or even really be in the market. But, diamond hands are forcing their play here. They are not trying to get this thing to $10m, they are trying to control everything, including the squeeze. In this case, I genuinely believe they are trying to keep things calm and stable, and I think the appointments and regulations we have seen coming out bolster this theory.