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Sunday, May 17, 2026 1:05:18 PM
I am fine with the low percentage as most of the outstanding shares are locked safely away by HODL'ers. You try to cover +68M shares with the low float we have. 10M plus of those (and likely closer to 20M) are borrowed and sold at $0.20, which means they are already at least $500k under water. I don't think many of the shorts are owned by major players, so these little family HF's can't afford much upward movement. I think we will easily hit the $2.50 level with about half of the shorts covering, as they will have to compete with the momentum day traders who have been watching this stock and seem ready to get in each time there's just the slightest move upward. Let's just see how it plays out. I am feeling great about the rise in legal shorts.
Sorry if I don't always respond to your posts, but I have utilized the fine mechanisms of this website to avoid seeing the,.
Sorry if I don't always respond to your posts, but I have utilized the fine mechanisms of this website to avoid seeing the,.
Bullish
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