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Re: CherryTree1 post# 400445

Wednesday, 09/08/2021 8:09:41 AM

Wednesday, September 08, 2021 8:09:41 AM

Post# of 702049
I don’t know how many shares are short but it doesn’t bother me to try to understand the science behind the practice or the estimates. It doesn’t have to be all that large to cause a squeeze anyway if longs are not selling for a short term profit. There are only teens X1000 shareholders of this stock. Warrant holders or former warrant holders are highly likely to be holding tight by my look because the number of shareholders hasn’t been climbing. Retailers seem to be mostly out of gas and ready for the big showdown. There is like $600M in profit in warrants and grants with no rush to sell.

The last estimate I saw was from a LG filing a few months back at 15k. This is a small number of people considering the number that those of us on this board know personally.

There are some here doing the Sojo thing or what not with a piece of their shares, but that can’t be too large a volume and if they are following the TA signs, it seems to bode poorly for the shorts operations of late if I am keeping score.

The question is, when the stock starts climbing at what point do people start releasing some real shares to the market. That will tell you the size of the squeeze. I know anything that I have said was emotionally driven and I assume the same with others. That means no one really knows. A lot depends on the rest of people’s portfolio at the time and whether they feel as comfortable as Most investors do right now.
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