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Re: ace65 post# 9561

Monday, 10/28/2024 12:30:00 PM

Monday, October 28, 2024 12:30:00 PM

Post# of 9605
Unfortunately, there are no rules about when a short sale has to be covered. Shorties can let their short sale stand forever.

However, if the stock rallies, short sellers will have to pay more money to their broker to keep their short sale alive, to a point that it will no longer make any sense. And then, practically, they will have to cover their position.

Most short sales on VAYK are probably under $0.0010. So if the stock rallies to, say, $0.0015, suddenly you may see tens of millions of buy orders by the squeezed short sellers.
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