I may be wrong but the day we went all the way up close to 0.03 for the first time, the shorted volume was 82.69%....
Someone bull rushed a bunch of shares end of day that day. Which tells me all the ask on the way up are shorted shares. This also tells me if something great happens and 20 million shares go on the ask, MMs are going to be in a tight spot. When you’re above 50% of the volume shorted for a bunch of days in a row, you know the amount needed to be covered is accumulating
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