Redbox Entertainment Inc (RDBX)

[Nazirite]

$RDBX Looking forward to this today when market opens maybe all-day squeeze.
$15, $20, maybe $25 to cover all the FTD and short positions. The problem as I see for short position is the lowball merger not going through and another offer on the table.
That means this may not go back down to cover shorts in the future; sweating bullets I imagine. Easy to let it run and grab another short position to cover your failed short positions, but what if no one will sell you a position when the PPS goes high.
Then you have to fake the transactions with another hedge / MM but why would they go down with the ship to bail you out. They will not and we have seen that with AM_C as the sharks stayed out and watched their competition go under.

Should be a great day here as it already is great to be up around $14 this morning.