InvestorsHub Logo
icon url

Turner5

11/07/22 2:09 PM

#528835 RE: vator #528833

if we traded 27 million shares in a day on the positve side, with the low float we have, this would not be at .70
icon url

biosectinvestor

11/07/22 2:10 PM

#528836 RE: vator #528833

That would be relevant if it were a highly traded stock with institutional investors and major players with millions to invest daily. This is a stock that can trade a little over a million shares a day, so a skillful trading desk can contain price moves quite easily with such a short position.

Plus the search for a supply of shares that they can borrow to short means they are preparing to expand the supply of shares further to suppress price discovery.