Lets dumb this down for you apes:
- Let's say 5 banana's currently cost 10 dollar
- One ape on the market has 5 banana's
- Snake asks to borrow 5 banana's for a bit and instead sells the 5 banana's thinking price will go down soon (shorting). he thinks he can buy them later for less and give them back to ape, so he make's profit on the difference.
- Group of apes notice what stupid snakes are doing and decide to buy all banana's on the market until snakes have no other choice than to buy from the group of apes in order to return what they borrowed
- If group of apes stay strong then price will go πππ
Lets dumb this down for you apes:
- Let's say 5 banana's currently cost 10 dollar
- One ape on the market has 5 banana's
- Snake asks to borrow 5 banana's for a bit and instead sells the 5 banana's thinking price will go down soon (shorting). he thinks he can buy them later for less and give them back to ape, so he make's profit on the difference.
- Group of apes notice what stupid snakes are doing and decide to buy all banana's on the market until snakes have no other choice than to buy from the group of apes in order to return what they borrowed
- If group of apes stay strong then price will go πππ
Daily stock prayer
Time for our daily prayer:
Our calls, Who art in PLTR,
Perfect be Thy Timing.
Thy tendies come.
Thy expirations be done,
on earth as it is in Wall Street.
Give us this day our daily Lambos.
And forgive us of our puts,
as we forgive those who buy puts against us.
And lead us not into Debt,
but deliver us unto tendies. Amen
Time for our daily prayer:
Our calls, Who art in PLTR,
Perfect be Thy Timing.
Thy tendies come.
Thy expirations be done,
on earth as it is in Wall Street.
Give us this day our daily Lambos.
And forgive us of our puts,
as we forgive those who buy puts against us.
And lead us not into Debt,
but deliver us unto tendies. Amen
I just fired out why they call them Brokers
I just figured out why they call them βBrokersβ