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Dead On Arrival

07/27/23 10:21 AM

#149151 RE: chsmoke #149147

When does Marcelli's house close in Florida? I hope we are invited to his grand opening when the furniture arrives. Between Lebby's Ferrari comments and JM's "ready to roll" blubbering, they come off looking clownish. Of course Marcelli has a history of saying stuff that does not hold water as far back as early last decade. We would be better off with that crypto guy that is going to jail at the helm.

x993231

07/27/23 10:41 AM

#149162 RE: chsmoke #149147

Wait What are you telling me that the shorts have covered those 22 Million shares somehow without us knowing? That would mean that they bought every share that Traded since the Middle of June! That is 6 weeks those dagum sneakity sneaks were buying up all the shares, wait, um let me look, so I just checked and they didn't get any of mine, who sold the dagum 22 million shares? As info, I can see how they could cover about 5 Million shares but that only helps the connected shorts.

As info Today is the last day to book trades in the Next official finra reporting period ending July 31st (Remember T+2).

I will bet you $1 million bucks that they have not covered 22 Million shares, If that is too much for you, pick a number that you are comfortable with. As info the shorts can only book profits when they returned what they borrowed, the broker holds the money/securities until they cover.

This is a perfect example of what I said to Lebby after congratulating him on the deal. We were walking down the hall I said "nice, but guess what, I could sell 100k shares tomorrow the price would drop (temporarily) and they will call you every name in the book".

Em boyz are just taking out some stop losses, I certainly hope the investors here understand how that works. But here you go. Mr. Biggity big tells the broker to buy X number of shares (it could even be a short covering) at a given price. The broker looks around (especially on a low volume morning like we had earlier) and simply counts the amount of shares available through stop losses, sells 100k price drops, Bingo takes out the stop losses then keeps buying until the order plus the shares sold are even. Some longs freak out and cry wolf. Funny how that works every time
A stop loss is simply a message to the broker of where there are cheaper shares. This does not trade enough to use them, just Bend Over.


Xster smokin Bronco Tires

You do understand that the shorts need to buy back the shares to pay off the money that the broker is holding before they know if they have made any money right??
Bullish
Bullish