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papaphilip

01/26/21 6:41 PM

#1750 RE: Nebuchadnezzar #1744

I have to disagree with all you naysayers. Actually I probably agree with your thoughts on the worth of the company. But that’s really not what’s in play here. The short squeeze is continuing to spiral out of control. The calls purchased at all levels are enormous! And all those calls are in the money. So brokers need to buy the underlying stock to fulfill the shares when those calls execute (Friday). That means more buying of the actual underlying shares. I mean lots more buying. And despite what we all may think the value of the company is, it means the stock will run. And run hard still I think.
That said, I’m not buying either. Maybe on a dip. But I’m still holding a few shares and calls still.
All in my humble opinion.