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underpar71

09/07/23 11:28 AM

#628944 RE: attilathehunt #628943

There has been accumulation/covering post PR. The fact that a submission will happen, and in the short term, makes this riskier (or stupid) to short. The coordination now will be between MM's holding it while allowing their shorts to cover. Any positive catalyst that brings in volume buying should make this pop significantly. Post submission, this should be valued in the 8-10B range prior to approval, IMO. so, $7-8 is reasonable to me.
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evanstony

09/07/23 11:35 AM

#628949 RE: attilathehunt #628943

Accumulating lots of share will take some time and be done slowly for the smart buyer. Weeks even months to create a very large position. To start a short squeeze right away would not be in the interest of a buyer who wanted to own millions of shares. That said, when multiple big players come in the price will have a huge spike. IMO we need approval for that.

I am waiting like many of us for the profitable quarters that prove the long term value and really put the shares on a steady price increase.
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cptbac

09/07/23 11:41 AM

#628952 RE: attilathehunt #628943

Retail had the ability to do this in the last week but decided not to buy and fight over half pennies.

What was everyone’s contribution margin over the last 2 weeks?

Why do we need a hedge fund???

44,000 shareholders x 1,000 shares purchased = 44,000,000

At some point the shorts can’t absorb and will need to cover. While the recent moves were nice, we are still in the basement. Slow and steady will win the race but I imagine we all want some violent price action.

(1)This will occur by everyone doing their part. (2)Natural time decay with incremental price support. (3)Bottom line news that moves the stock.

At this point the most controlled way to force the shorts to capitulate is for retail to not fight over pennies AND BUY.

At some point they break. DO YOUR PART AND BUY.

If not, end of Q to 10-15 is when it starts.

DO NOT FIGHT OVER PENNIES.

CAPITULATION!