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Re: SweetSweetLove post# 32312

Saturday, 08/15/2020 10:37:46 AM

Saturday, August 15, 2020 10:37:46 AM

Post# of 35275
First glance it does appear to be scary and does makes sense why the stock has gradually went down over the summer as short positions increased. However if you look at the days holding to cover it dropped from 9 to 1 holding relatively strong for quite some time. I think investors are playing both sides of stock and is why its very predictable. you can play one penny play on a short side and long side everyday and make money. it's been holding pretty consistently at one day covers which means its stabilizing and reaching a low doesn't really have much farther to drop.