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tchalla

01/29/21 5:39 PM

#3939 RE: Zman20 #3581

don't own one way or the other.
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tchalla

01/29/21 5:41 PM

#3940 RE: Zman20 #3581

all i can tell you is that ah trading is a good indicator of the sentiment in this stock. there is no good news pending or to come from the company, because nothing has really changed regarding the value of their current business or expected revenues. the only thing that is keepign this up right now is the hoopla about the squeeze. that is going to pass. the folks behind the artificial runup are out. they are gone. who is left now are the late comers. and they are much easier for the hedgies to deal with.
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tchalla

01/29/21 5:44 PM

#3944 RE: Zman20 #3581

the other thing you guys don't understand is that all the hedgies care about is profits. the position of being short is not the issue at hand. they can easily make up their profits by shorting and covering bits at a time. they can short at $14 and cover at $13 over and short at $13.75 and cover at $12.75 and so and so forth until they make their profits or eliminate their losses. and the price never has to move up dramatically to accomplish that. they can just keep it in a tight trading range by doing that until they make their profits they seek. then the cover is not as hard or costly because they can wait out the little guy who will leave evenutally.