Lumen Technologies Inc (LUMN)

[jeffree]

Why do they NOT Cover...???

https://fintel.io/ssv/us/lumn

It is Not so Easy...especially when Volume is relatively light...or when New buyers are actively acquiring. or longs are adding to positions...as well as not selling...
Any Size Volume of covering would quickly Raise the share price...so it looks like, on Most days lately, that More Shorting is the play...

As Dr. Phil would ask them..."How's That workin out for ya"...???

There is also Competition for call options when...and the wide-spaced strikes of $ .5 $1 $1.5 $2 $2.5 etc make it even more difficult...There has been some action lately...but only about 2% coverage of the shorts....and a lot for shorter term...That's why I do not mind a "slow Squeeze"..one that is sustained for a Longer while...


JMO

One never knows how long this could run...It could sputter out one day...or it Could be a multi-bagger...whatcha think...IF we get a "catalyst" thats a +.....??...We won;t get Great Earnings report for a while...so...