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Re: marylandstockguy post# 9270

Tuesday, 03/22/2022 4:09:18 PM

Tuesday, March 22, 2022 4:09:18 PM

Post# of 11017
Keep in mind there are nearly a billion shares issued near trips outside the float and much of it appears waiting for the opportunity to sell on the markups. We have anticipated these and have been chatting about it for some time. An important note while we have seen nearly 150M selling for a $250-300M return the plus is yes it has generated more interests and buying ops as well somewhere near 75M total vol in the low 20s today. So keep that range in mind down the road. We traveled 14 ticks up and then that plus ticks or so in retreat over the last 3 trading days. Kudos for the volume. While we generally do not discuss trading strategies it was another wonderful buying session for many of us. Remember, its $100 profit per mil per tick x the number of mil you are selling. For many of the younger folks buying 2M @20 and having it bump 3 ticks is a $600 day. Happy trading.