Someone is going to get cold feet. If you bought a $300, you still have made money. If it goes to $12. SOL. It will take a steel nerve to hang in there. When it goes, it will go fast.
The $300 price for a $10 stock also lures in new shorts. So who is going to blink first? The shorter who has to cover and pay a premium fee or the Retards who buy the stock for $300 and never have to sell? The cost of holding an open short is expensive and unlimited risk. The cost of holding a $300 stock is at most -$300. Not selling drives up the price when the short has to cover. Collectively, the Retards can’t lose.