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Thursday, 06/20/2019 4:24:17 PM

Thursday, June 20, 2019 4:24:17 PM

Post# of 34641
Closed at $7, it was a fight at the end but $7 won.

That is more than excellent for our position going forward day after day.

NOW, I KNOW, I'm a pain in the ass with this shorting stuff … BUT,
there are things we KNOW from tracking them.

Out of a total of 4 1/2 million shorts (roughly),
1 mil were at OVER $7,
3 mil were between $7 + $6.
1/2 mil were below $6.

We can also (somewhat) track if covered buys are re-shorted at a higher price by the amount of shares available to be borrowed to short.

What do we know:
The 1/2 mil that were below $6 were covered and replaced at about $6.50 (and they either AGAIN covered today or they are screwed and losing $)

The 3 MILLION that were short between $7 + $6 … ALL … have NOT BEEN covered.
We know that just from the volume for the last few days.
If you added all the recent volume, you'd get to the 3 mil shares, BUT that would imply that ALL recent BUYS were to cover and that NO ONE bought for the sake of buying and you KNOW that that is NOT true with the Russell 3000 inclusion and pending news.

SO, it looks like only about 1 mil or maybe 1 1/2 mil, out of 3 mil were covered.

SO, what does that mean, right now, today, closing at $7???

There are STILL 1 1/2 to 2 million shares shorted that are losing $?
Is that possible?

PLUS, there are STILL the 1 million that were shorted ABOVE $7 (close to losing money)

Whatever the number, THEY ARE OUT OF AMMUNITION, there are not millions of shares available to short … and there are STILL millions to be covered.

WE HOLD ALL THE AMMUNITION NOW, WE HOLD ALL THE CARDS NOW.
The cards say $7.50 - $8.00 - $8.50 to me.

Phantom may have been right, we could be pushing a 1 Billion market cap by end of 2019.
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