InvestorsHub Logo
Followers 176
Posts 16285
Boards Moderated 0
Alias Born 11/10/2008

Re: None

Tuesday, 08/15/2023 10:12:49 AM

Tuesday, August 15, 2023 10:12:49 AM

Post# of 22019
Until 2s are not readily available, movement is stymied. Naked shorts took a chance yesterday and borrowed at 2, were able to sell at 2 BUT were NOT covered with 1s. Risk is increasing for shorting. MMs able to hold back further rise with 2s off the shelf but naked shorting should drop off substantially, especially if outstanding borrowed shares are not even available for return at 2s (fee loss only). 3s dominating today's trade would put a bit of a squeeze on outstanding naked shorts.

Could happen if MMs refuse to risk shelf supplies at 2s if retail traders are leaning towards accepting a high ask price.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent GTCH News