Tuesday, July 25, 2023 2:20:23 PM
I like the 80/20 rule. Even if we say there are only 20 Million shares, wait what, only 20 million shares to cover? I'm not sure how many people understand how many shares that is.
OK let us say that 20 investors try to help you guys and sell 1k shares each and every day and provide them to the shorts for 1 year, there are 252 trading days in one year that is ONLY 5 Million shares, with 20 of us helping them, that is 5 YEARS. YIKES 5 years of interest payments uh oh
Double check the math below
20 x 1,000 = 20,000 per day times 252 trading days = 5,040,000 shares per year.
LOL what were they thinking.
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