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HokieHead

01/14/23 10:43 PM

#107554 RE: samsamsamiam #107552

Billions of shares outstanding? Lmfao.

Let’s discuss the naked short interest here, I’d provide the links but we all know what happens with them. Nah, there’s no such thing as naked shorting.

Still looking for anything long for 2023.

What a hoot!
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Pogwoll

01/15/23 3:12 AM

#107585 RE: samsamsamiam #107552

Oh, I'm fully aware of the difference between short sale volume and short interest.
Short interest is the total number of shares of a particular stock that have been sold short by investors but have not yet been covered or closed out. This can be expressed as a number or as a percentage.
https://www.investopedia.com/articles/01/082201.asp
Anyone that thinks these nanocap and microcap stocks haven't been shorted to some degree at some point (often times these short sales happen before these stocks get below a $1 and to sub penny levels) just lacks a basic understanding of how the markets work. In most of these instances the short sellers never took profit (closed the position). Often times they don't have to. I know several bears that have been shorting a particular stock since it was above $50/share ( currently at $12) and plan on riding it down to $0, never having to cover their position. It happens. A lot.
GVSI has a short interest above 60%. Anything above 20% is considered high.
I'm also pretty sure that Daniel Ivandjiiski and the guys at Zerohedge know the difference between short sale volume and short interest. That's probably why they included our beloved gvsi in their article to begin with.
(Daniel Ivandjiiski is a Bulgarian-born, U.S.-based former investment banker and capital-markets trader, and currently financial blogger, who founded the website Zero Hedge in January 2009, and remains its publisher and main editor.)
Even if this stock hasn't been heavily shorted (meaning the experts are wrong), it's still going to do very well. The short interest is just the cherry on top of the sundae.
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wakeupdummy

01/15/23 7:16 AM

#107591 RE: samsamsamiam #107552

ya know,i kinda think most people
are aware of the whole troll under the bridge naked short bs.
but it's like admitting Santa Claus doesn't exist,it just takes away too much of the whole otc experience.
so the truth be damned,let's keep shorty alive and kicking.after all,he's a great fall guy.....and come tuesday he's getting crushed! ;-)