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80 bluchip 20 pot

04/14/21 4:18 PM

#58896 RE: 80 bluchip 20 pot #58895

oh another reason I don't think it was dilution (or I hope it wasn't) is because each time we broke 8 and 9, another giant slab of 100M to 200M appeared to cap and tamp the ask.
that stopped a run. in February the run up to 15 was pretty think asks.

to theorize that this was the "James ballas of 2019" one has to assume that ballas would be too ignorant to perceive the run he has on his hands, and not WANT to make MORE money by simply placing meagre 10M or 20M asks each tic up the line.

I just can't believe James or his think tank (the ones who lent him the convertibles and I'm sure new onboard hires) would be so mathematically dull.

I'm still going with the shorts who shorted at 6 were surprised, but even if they covered themselves running it to 9 1.5 billion at 3 ticks is only 450,000 dollars which for them is lunch money, then they got back to re-shorting the shares.
If I'm correct in this, and we get record buy volume (sadly as I said I am not a participant in huge volume) , this will continue to squeeze those who re-borrowed at 8 and 9 hoping to get the new blood to sell back to 5 where they can happily get back to churn and misery.

I'm hoping our old and new friends have studied some of the AMC/GME wars and how buy and hold and buy more can murder a shorter and squeeze any stock.

of course if we get the STOP removed any time soon, those who laid easily 1.5-2B at trip 8 trying to stop a run, well yeah, they'll regret it. even if we dont' have a short ability here, they sold those shares cheap. way too cheap. GLTA