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Re: ezyE post# 66534

Friday, 09/29/2023 3:59:02 PM

Friday, September 29, 2023 3:59:02 PM

Post# of 71408
My recollection is they went and searched out companies that had huge short interest as a percent of the OS, where threshold securities and days to cover that was really high like over 10.

At one point GME had short interest of 140% of OS which means upwards of 40% of naked shorts as % of OS and days to cover that were over 10.

They then started buying to push the stock price up…and that started to force buyins which was like pouring gasoline on the fire and it was squeeze city.

There simply isn’t enough short interest on MULN to trigger anything no matter how much buying.

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