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Friday, November 05, 2021 8:31:45 AM
The shorts and MM’s are counting on more shares being available - they need roughly 80 million of them to become available so they can cover their positions. I don’t see that happening at these prices at all.
Maybe at $2.50-$4.00 you’ll see some of the longs selling a few, and some of the Preferred B’s hitting the market. And that will slow down the rush a bit. But stop assuming people are greedy idiots. Anyone involved now knows there’s a much higher price to wait to sell at. So pick your spot, set your sell amounts at a certain price which you like. And pay attention when it runs. Because IMO, this will run hard, several times, again.
Good luck!
$HMBL
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