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Re: Inoviorulez post# 26524

Wednesday, 06/12/2019 1:09:07 PM

Wednesday, June 12, 2019 1:09:07 PM

Post# of 34626
I think it's more a matter of % of float as opposed to % to the 55 million shares outstanding.

When you factor the shares owned by major investors, NEA ect., ect., and the shares owned by the company founders, I think Phantom had said the float is much smaller, and then the 4 million short seems much bigger.

I've kept track of shorts for since the end of 2018, out of 4 million shorts, 3 million of them were shorted under $7 a share, they are going to all be forced to sell.

Every wave of shorts buying to cover, leads to a price increase, which should lead to more shorts being forced to buy to cover.

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