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" ... The most extraordinary thing was that most people didn’t sell their shares. They knew that if they sold them then the Hedge Funds would gobble up the stock at the compressed price and possibly even redeem their position if they followed the right short strategy. For the majority of WSBers holding was a risky strategy. It was a prisoners dilemma of sorts. If they held and others sold then the price would collapse and they would lose everything. The only way to guarantee their individual gains was to sell. Conventional wisdom said get out now. Cut loose with your tendies and invest in Elon Musk memes. They needed to trust their comrades that the bulwark would hold and for every spartan who fell a new ape would step up to fill the gap. Hold the line. ... "