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Re: MaryMary158 post# 2720

Wednesday, 09/18/2019 12:38:50 PM

Wednesday, September 18, 2019 12:38:50 PM

Post# of 3517
I understood it to mean that all borrowed shares had to be returned, meaning all the shorts had to cover. If this is true then for some amount of time there were 0 shares short (ignoring the possible existence of naked shorts and the like). This all is adding up pretty well. On Sept 9 I got a notice that my loaned shares were being returned to me. At that time the share price was about $17. The share price quickly rose for no apparent reason to hit a high of 29.75 on 9/13. Then just as quickly the bottom dropped out and we are back where we started.

BTW MaryMary158, you said a while back that you were selling half your stake, possibly to buy back in later. Just curious (if you don't mind my asking), what did you end up doing.
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