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Re: aCryptoKing post# 324446

Thursday, 07/22/2021 11:02:59 AM

Thursday, July 22, 2021 11:02:59 AM

Post# of 371527

Here is the data (updated through 7.21):


Daily volume & MM short-interest percentages:
UPDATED:

Note the daily volume & short interest. Shares the MM didn't have in inventory to make the trade at the time, and went short on.
That's not unusual. But it's usually around 20% and temporary.

Pay attention to the %'s. Usually, 20-30% short interest on a stock is rather normal. During the course of the trading day, the MM
might not have shares in inventory for an investor to buy, so he'll go short (execute the order, without possessing the shares) the
trade.


Below the running totals.

A cumulative look at the rolling short interest in HHSE:
CUMULATIVE UPDATED:

Despite the 55% price appreciation, the MM is NOW running a 67.2% short (or 'borrow') rate! 67% of the cumulative trades he's
executed over this period? He did NOT have the shares in his inventory!


This is NOT sustainable. He may be forced to run the stock higher. Why? In hopes of accumulating some shares that he owes
to balance his books. But, if the shareholders who hold the stock don't sell: The MM is forced to go higher still. That's
irrespective of any short interest, hedge funds, fund managers, ECN traders, others 'going short',etc.


I usually scan stocks for a minimum of 35-40% shares short trending over a LONG period of time. I find those stocks do well for
me. HHSE has been WELL OVER 50% every day since July 9th.

The MM is price-biased now. He hopes to find shares higher because his borrow RATE isn't under control. And the more buying
volume that comes in (DEMAND), the more this pressures the price of the stock higher.

The BULLS appear to be in control here. If they don't liquidate, sell, or distribute, the stock is likely to go MUCH HIGHER!
Let's keep an eye on this daily short data & see how it trends.



*Also, note: Multiple confirmations should be posted to this thread regarding the TA. So far, board posters long the stock have
said that the Transfer Agent has historically been ungagged. Meaning anyone can call & request the share structure for the
company. I have double-checked. The TA is not only ungagged, but the share structure remains untouched & unchanged.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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