Monday, June 14, 2021 10:53:07 AM
Increasing short position by itself simply means investors are increasingly more of the belief that the SP will go down, as opposed to up.
That's why I used the link you had provided in the past to show it is more than just an increasing short position. It meets 2 of the three conditions for a possible short squeeze to occur. The condition it doesn't meet (yet) is #2 (2. The shares short as a percentage of the float should be greater than 10%). You and I both agreed the short interest appears to be increasing, not decreasing. Current short interest is a little above 6%. New report coming soon. What if the new short interest report comes back being over 10%? That would mean that it would meet all the conditions required for a short squeeze potential according to the link you had provided me.
How to scan for short squeezes
Take a look at Bambuser, as has been oddly pointed out here. Now thats growth.
Funny you mentioned Bambuser.
Compare Bambuser's filings to VERB's and their product suite.
Did they raise a lot of money?
How does that compare to VERB's raises in the past?
What is Bambuser's product?
How does it compare to VERB's?
Which is more interactive?
Which sells for less?
Which has more customers?
What was Bambuser's pivot that they did?
How does it compare to VERB'S?
Knowledge about VERB's peers before trying to compare is often helpful.
Sleep well, shorts...
Invest in your DD and you can't go wrong.
Be wary of misleading information posted, do your own DD.
