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It varies, how deep are there pockets? that

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pennypauly Member Level  Wednesday, 09/11/19 06:29:04 PM
Re: BeamMeUpScotty post# 5922
Post # of 10021 
It varies, how deep are there pockets? that is the variable which determines there tolerance level. Not all wait till the last second, the larger hedges can wait it out hoping for something negative to happened. We were shorted again today.

We want the price to get to $3.00/$4.00 and have them get called! Mandatory market buy in at market. Where they have to buy back 200k/300k at market!!! When multiple hedges are short that number gets compounded 10 fold!!!!!!
THEY ALL HAVE TO BUY BACK AROUND THE SAME TIME!!!

That is when hitting 20 or 30 is easy.... with this 3.5 milly float

Once the street sees the short blood that’s when the feeding frenzy starts

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