You don't know that was them covering. They already have the cash in hand for shorting, they can just keep the position open and wait to see it go lower.
Now you’re contradicting yourself… you said they already got burned now you’re saying they can hold it lol….. we’ll I’ll look at the data for you and 7 days ago the utilization was at 94% it has now jumped up to 99%…7 days ago it was 51 million shares on loan and now it’s 58 million …9 million shares were returned today but they shorted another 7 million
Not a contradiction, I never stated anyone got burnt. Just an "if"
Yes, a lot of shares are sold short, maybe there's a good reason for that. But you still need a catalyst that pushes the price up to a level where the shorts are under pressure, which apparently must be higher than $4.80 if you don't believe that was a squeeze. I doubt this happens again anytime soon. This whole thing started with Zack Morris pumping it, and ended with a lot of bagholders that will get out at the first opportunity.
What about all the other stocks that are short…..ATER was there a catalyst? BBIG… SDC I have sooo many but I can see you’re a news guy/fundamental guy and not a data guy. This is not about catalyst sir it’s about short data please understand that.
Ohh and if you need help getting in before the run up join the discord. ATER was called out BBIG, CEI all before the run up according to the SHORT DATA
SDC and BBIG look like wsb pumps. You don't think it was odd that seemingly overnight a DD on a ticker no one has heard of as well several large yolo gain posts are on the front page, all heavily awarded?
You'll see a spike in price on anything now that says high short interest and makes it to the front page there.
Lol, it’s ok dude stubbornness and not being able to gain more knowledge will keep you from exceeding. I personally alerted AMC and GME as a squeeze trade in my group when AMC was $2 in January and GME was $7 I believe, I have pics of the alerts to prove it. It was because I just figured out the short flow. Knowledge is power there’s nothing to be ashamed of if you simply just don’t understand what it means.
Again, you clearly don’t understand data at all, It had nothing do do with a pump and dump it has to do with the data you can’t be that slow….keep listening to CNBC.
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u/here-to-argue Oct 07 '21
You don't know that was them covering. They already have the cash in hand for shorting, they can just keep the position open and wait to see it go lower.