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Re: CassieW post# 573

Saturday, 10/03/2020 11:40:54 AM

Saturday, October 03, 2020 11:40:54 AM

Post# of 2246
Well, when they are naked, they aren't backed up by actual shares, right? So statistics wouldn't play into it.

Although I don't agree that just adding up all the short sells for the last while is an accurate measurement as there is no record of covering that you can balance against it. In other words, you are assuming with all the buys that there is never any covering. Which doesn't close the loop for me.

Of course if someone can show my limited knowledge of how they see buys that cover naked shorts, I would love to know how come by that information.

I’m pretty sure it’s almost statistically impossible for there to be that many shares shorted- but I’m sure there is a significant short interest...

I also think we will have some very good news this month that sees buyers finally realize the gem that $FNGR is, and the spike should be significant!

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