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Thursday, September 03, 2020 7:08:17 PM
The wolfpack are actually covering shares all day today and yesterday in almost all time. Then today they sensed the opportunity of big market down day and investors who have been buying too probably left at the time when the market was close to end.
They could just sell some shares at lower price, and waited; if there were buyers come right away willing to buy shares at or above the price they just sold, the short would know time was not right. But today seemed after the short tested sell, no serious buyers came.
So they were able to pain the floor at lower price for today so they hoped tomorrow they can continue their orderly covering at lower price.
It never changes that shorts are the most snaky ones on the market, but they can only get away when the market condition is not in our favor.
Now I think the market condition is actually in our favor. Who knows Linda would not drop another or two unexpected news at any time on top of expected Topline day announcement after Labor Day.
Technically and practically statisticians can know the general results almost right away after data lock, from a few hours to a day!
Nobody knows whether the database has been locked, and nobody knows whether Linda has had a peek at the results.
Too many unknowns and speculations at this stage all are in favor for higher share price.
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