The rise does not continue, the stock is trading at 98ish bucks right now. Anyone still in is very much holding a bag right now. Yes I understand trade volume is apparently low, but the momentum is likely dead and I don't see Robinhood magically opening up the playing field again. They don't have the liquidity.

WSB would need to convince people who are already burned to move to a broker like Fidelity and start it up again.

Edit: Not to mention that yes the short positions that exist now likely exist at a price point well above the original shorts.