Should note. One account average is $6.98. The other $7.90 which has a substantial position. That one I have Been averaging up. Wish I would have listened to Master sooner!
Fidelity offered me a a paltry 38% lending rate to borrow, I of course turned it down. They are probably charging 80%, but who knows.
I agree, and deserved.
Hoping a chart expert can explain the A/D line on the 30 day chart shows roughly 64 million shares were sold off on the 12th. Now I know that equates to some changing hands, but the price went up. Since then maybe 7-8M have need bought back. Doesn’t make sense to me.
Any help is appreciated.
I cancelled my GTC. I have no idea where this is going. Predictions are all over the place. I did notice for the first time shorts went light on the borrowing. Is that something pending? I have no clue.
Up big time today!!
Going to depend on who holds and who dumps tomorrow. Either way I expect big things.
But what do I know? Small fish in massive pond.
Got some. Bought 1K more today at $8.24. Like I said hate averaging up but I saw it wanted to run. Nervous on the massive shares I have accumulated but….YOLO
By the way, Thank You, you and I were the only ones posting on this board for a long time. Well before this run started.
So I have mixed feelings. On one hand I want a squeeze looking at all the social media. On the other hand, investing into crypto mining with what I think is a great company is a long term possibly very rewarding investment.
Short term long term I think this is a winner both plays.
This is pretty much a mining IPO. Personally I think crypto is the next internet.
SI appears to be still increasing. Question I have is what is the end game here? Do they think people are going to bail because to me it seems to be going the other way? Do the shorts know something not out there?
Perplexing to me to say the least.
PS. There seems to be some truly hard resistance at $8.40
So for kicks I tried to place a sell short order on Etrade. SPRT is listed as "hard-to-borrow." Current interest is estimated at 52% with a disclaimer "IF" they can find any that rate may be higher or lower.
That alone told me buy more, but to each their own. That's just my opinion, what do I know?
Yea, as much as I hate averaging up, got more at 8.88 and 8.75
I stupidly bought some earlier at 9.29 without doing my DD. FOMO buy, sigh, it happens.
Still have cash reserves if it goes lower
As far as I can tell this is almost all retail. Report I saw a bit ago is that SI went up.