
Tuesday, June 04, 2024 2:12:51 AM
We all know the 60,000 long shares are for the strategy known as "shorting against the box" ... but it's cute to pretend one is a long when really one is much more short.
No one is buying the short sellers who "identify as long". We don't even know their pronouns. That's the even funnier part.
In the end, the strategy I've been warning shorts about all along will be executed when the time is right... and the shorts will be severely punished.
They would have to cut off an arm (offer 10 cents) to escape the bear trap before news is announced, but they won't because they're chicken even though their fate will be much worse if they don't. Maybe they should identify as chicken? With pronouns bwack, bwack.
Krombacher
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