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Monday, 03/04/2024 1:01:15 PM

Monday, March 04, 2024 1:01:15 PM

Post# of 202015
Keeping prices low is giving encouragement and confirmation to the shorts that they are winning. I hope they realize they are being manipulated as much as anybody else into a warm and fuzzy winning state of mind.
Institutions owning shares ( or even having naked shorts in their books) will orchestrate an artificial short squeeze to clean up their books, net out losses and profits , and transfer the risk and the losses to retail shorts. Giving the task at hand ( 22 million shorted shares) institutions need a few weeks of trading to accomplish this. There are two critical success factors : make sure retail shorts don’t cover and maximize their short position ( this puts more pressure on the process of covering) 2. Control the process and avoid interference from the outside ( e.g. explosive news from the company). With Lebby in the process of finalising deals and OFC in March, the window of opportunity for the institutions is now. They can position themselves for huge financial gains and need to act. Watch volume increases, call option activity and the order book for March.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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