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Re: paul_dirac post# 109731

Friday, 07/22/2022 11:48:15 AM

Friday, July 22, 2022 11:48:15 AM

Post# of 196002
They don't have as large of a pool of shares available to work with. They needed ~8MM-10MM shares to accomplish what they did last time, and they don't have that many shares available right now.

They'll trigger a few people who bought in below $7 to sell and take their gains, but we'll see how hard they try. The painted themselves into a corner hoping to find a way out later. We'll see what comes of it. Personally, I think we MAY go down a few bucks, but shorts will end up losing big in the end.

Remember that every share they short needs to be replaced eventually, and the price has been gravitating toward $12 every time they stop shorting for even a day. Shorts will gain $1-$2 today to lose $3-$4 tomorrow. Seems like a bad idea, but it's their choice to make.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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