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Tuesday, December 05, 2023 10:37:07 AM
"During the last hour 8.300.000 shares is not available for shorting anymore"
And Fidelity's borrowed interest rate dropped another percent this morning.
Yesterday, the rate was 10.5% and now it is 9.5%. Over a 20% dropped in the last several weeks.
Looks to me the dark pools are covering their naked short positions...most likely the upcoming MTD decision coupled with the MAA submission is making them cover. It is unfortunate (if true) that they are getting off so easily.
The sooner the decision and submission the more they will burn.
Any day now.
And Fidelity's borrowed interest rate dropped another percent this morning.
Yesterday, the rate was 10.5% and now it is 9.5%. Over a 20% dropped in the last several weeks.
Looks to me the dark pools are covering their naked short positions...most likely the upcoming MTD decision coupled with the MAA submission is making them cover. It is unfortunate (if true) that they are getting off so easily.
The sooner the decision and submission the more they will burn.
Any day now.
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