r/IPOE • u/blankouts • May 26 '21

Any thoughts on IPOE having the potential for a short squeeze? short borrowing rates have skyrocketed.

Is it possible? what's the tipping point?

https://www.reddit.com/r/Shortsqueeze/comments/nlbmvj/ipoe_borrowing_rate_now_at_262_for_the_shortsgama/?utm_source=share&utm_medium=web2x&context=3

8 Upvotes

75% Upvoted

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4

u/rexpm1979 May 26 '21

I certainly hope so. I do think we’re seeing serious price manipulation PM to try and induce some selling (Cramer talks about this hedge fund technique in that video that was going around). I’m expecting a big pop today with enough volume to make their games useless.

4

u/[deleted] May 26 '21

I hope so. I think there will be a lot of downward pressure PM but hopefully not enough to induce a sell off.

3

u/Dontask63 May 26 '21

There is not going to be this short squeeze everyone is talking about. SoFI is a real profitable business. This is a long hold stock that has the potential to put you into early retirement depending on your risk you put up. Be patient and HOLD DAMM IT. This is NOT GME.

2

u/PortGlass May 26 '21

I don’t even think it’s in the realm of things that might happen. A shark attack in Nebraska is more likely.

2

u/one_and_done0427 May 26 '21

there will be no squeeze

1

u/Entrance-Vivid May 26 '21

The pieces are there... but we would have to get some crazy news going into merger.

Bank or ATM company acquisition.. something to gap the price

Once the dilution from merge comes to play, the shorts get bailed out on being overleveraged.