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Friday, 03/15/2024 10:47:12 AM

Friday, March 15, 2024 10:47:12 AM

Post# of 194759
OK so there were 172k sells at the open, throw them away because they were a controlled dark trade.

Currently 218k shares sold deduct those 172k at the open = 46k "sells"
Currently 34k "buys" that leaves a delta on the buy side of 12k shares
Stock is up 16 Cents.

Do the math 21,000,000 shares short 12k more buys than sells up 16 Cents
there are 1,750 of those 12k buys x .16 = $280
If I'm off by a factor of 10 that is $28 + $4 = $32

X Wow I still pinch myself 21,000,000 shares that need to be bought back at some time.

They need to convince someone to sell them 21 Million shares, lets say they are somehow able to convince someone to sell them 172k shares per day, folks that is 122 day or 6 Months. But who is going to give them their shares, the company does not have any need for cash, no debt and no warrant overhand to suppress prices.

I need to look at the options numbers. What if the shorts were using options that are expiring today to hedge their bets? That would leave them open to a boatload of risk and more expense if they purchased new ones. Hmmm

Interesting I just looks and Every single Option that I hold is in the money today, that is first and yet the stock price was higher than this when I bought them. Demand is exceeding supply there too.
Bullish
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