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kabunushi

09/24/23 12:20 PM

#634445 RE: insidernews #634439

Not at all. The point is your very ihub ID is 'insidernews', and you wrote "LP sold 11 million shares in the past 3 weeks..".
Nonsense, you know nothing about insider selling, in fact you are an idiot. Just don't post nonsense claims of insider selling that COULD NOT HAVE HAPPENED with no SEC forms 4 or 5 for insider selling having been reported.

As a fact entirely unrelated to insider selling, the share count increased by 11M shares. That doesn't necessarily mean warrants were exercised - that's only 1 possibly way the share count could have increased. Nor does it necessarily mean that those new shares were sold in the open market, we have no way of knowing whether or not any or all of them were.

Yes, your one idea amid a lot of confusion is that even if the shares were from warrants being exercised and they were sold into the open market that didn't flood the demand for the stock. In that alone you are correct and it's a possible positive point. Only possible because again we have no way of knowing whether or not any of the new shares were sold into the open market (which you seem to be asserting as fact that they were).

QL300

09/24/23 12:39 PM

#634448 RE: insidernews #634439

I don’t think we see a short squeeze until after $2.50. I looked into the specifics of shorting last week with interactive broker. Any stock valued under $2.50 requires $2.50 in margin liquidity. So this recent rise from .40 to $1 has had zero effect on their margin although it has resulted in unrealized losses. Once this hits $2.50, margin liquidity will be required that is equal to the SP. So if this hits $3, an additional .50 of margin will be required over their initial $2.50. My estimate is the shorts shown by interactive brokers were shorting at .55. If this gets to around $2 prior to a large catalyst that gets us to $4, we could see that squeeze as the shorts would have to come up with as additional $1.50.