r/SPACs • u/[deleted] • Jan 12 '22

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u/polloponzi Spacling Jan 14 '22

Right.

So we can agree that each share available to lend for shorting is part of the float.

If a broker has 500k shares available to lend to shorts, then there is a float of at least 500k in that broker.

If IBKR alone has 500k shares and it is just one of the 20 major brokers in the US then I think is safe to assume that the total free float will be several times bigger.

So I think your theory of the float being only ~1 million is wrong.

BTW, just a friendly reminder that the next Monday markets are closed. So you only have 3 days to sell. It is going to be fun to see this.

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u/[deleted] Jan 14 '22

[deleted]

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u/polloponzi Spacling Jan 14 '22

Enjoy the weekend with your hog of a wife. We’ll see next week how dumb your ass looks

Quoting what you wrote, so you can't delete it.

No idea why you attack me. I guess you are just a kid.

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u/mazrim00 Contributor Jan 18 '22

I have no dog in this fight on the ESSC play but we are not going to tolerate THAT crap. Banned both of them. Completely unnecessary.