InvestorsHub Logo

LTR

Followers 5
Posts 147
Boards Moderated 0
Alias Born 02/22/2023

LTR

Re: Horseb4CarT post# 691920

Wednesday, 05/15/2024 10:08:03 PM

Wednesday, May 15, 2024 10:08:03 PM

Post# of 701422
I think the shorts know that approval is likely going to happen. I think their short position is far too large for them to just "go long and go for the ride". They have to buy to cover the huge short position, rather than to buy to go long, though maybe they are doing a little of both. The problem for them is that on the one hand they need to keep the price down and for news to be delayed for as long as possible for them to unwind their position. On the other hand the lack of news, uncertainty, and low share price keeps trading volume low, which means it takes longer to unwind. But that is all they have to work with. News along with huge volume and their game is over. I still have my fingers crossed for a rather large short squeeze when the ball gets rolling down hill.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent NWBO News