Short score is north of 98, hard to find stocks with an 80, as info the higher the number the greater the probability of a short squeeze. Funny the shorts returned a fair number today but they still ended up borrowing 60k shares more than they covered. The end result was a 13 cent gain. You see if the shorts are not selling us and extra 100 to 200k cheap borrowed shares per day it heads North. The interest they pay the brokers is averaging north of 150%. That will really hurt the retail guys because it is an extra $2k per week on just $100k loan . At 6.66, $100k is 15,000 shares. Due the math, 13 cents today is a $2,400 loss plus the interest. They only put up $50k so in a few days they will receive a maintenance call from the broker. As the shares become harder to borrow, the brokers get nervous and tighten the screws on the borrowers, because if the retail guy gets smashed with a halt in trading followed by gap up, the broker will end up holding the bag and buying shares for them. And there are 5 foundries each is hoping to be the first to do a joint press release.
Xster don't know what they think 5 foundries working the Perkinamine are doing. That is some of the most sought-after production space in the world. Governments are trying to build more foundries as fast as possible.
Xster after hours someone just gave back 2 million shares because obviously the interest rates is getting to them Only 25,000,000 shares or $166,000,000 to go.
Bwahahahahaha I knew it wouldn't last only 678k shares traded today. Games will be played but a little sunlight goes a long way shining the light on this game. Oh and Oops days to cover is heading north as is the number of loans so the little guys (retail shorts) are getting roped in while the big players slip out the back door.
