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TenKay

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TenKay

Re: Candlestick_Ninja post# 70577

Tuesday, 03/12/2024 1:24:41 PM

Tuesday, March 12, 2024 1:24:41 PM

Post# of 71211
Squeeze?

You obviously don’t understand how a short squeeze actually works.

The short interest is less than 20% of the OS. It needs to be closer to 100%

The days to cover is around 2, it needs to be closer to or above 10.

It is not a threshold security so there is not enough naked short positions to force buy-ins to fuel the squeeze.

There is no short squeeze coming…

1) Do I own stock?
Answer: No. I don’t invest in penny stocks.
2) Why am I here?
Answer: I like debating things that I have a 95% chance of being right about.
3) Am I a paid basher?
Answer: Wait…what? You can get paid for this?

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