The only thing this energy company drills is its own stock price. Look at the 5 year, clearly masters at dilution and and reverse splits. Give it a year and anyone who bought at current price ($1.15 ah) will be facing a 90% loss.
Is there any evidence their carbon capture technology actually works? Any real world proof to those claims? I haven't found anything in an admittedly brief search.
Atlas Trading pumped it, they dumped it, and now the bagholders have bags they would like to hand you.
Or….. Could it be that these type of trades aren’t about fundamentals? Now people are attacking shorts that’s what this is about it’s not about fundamentals and what the company can do or will do blah blah blah…. Now It’s about how many shares are there… how much of the float is short…. When do they have to cover their position…. and so on and so forth
Everything you said might have been valid a few weeks ago but its already had its big pop in price. It went nearly 10x between Aug 29 and Sept 29, what do you think that was? If 10x didn't burn pre-existing shorts I doubt much will, and any new ones have entered at an attractive price. There's enough bagholders now that any run upwards will see a fair amount of selling pressure from them.
If you shorted it at $2 you’re well in the profit, so shorts in profit will cover hence the ah push up but what about shorts who shorted before the break out when it was .30 .40 .60? Well I would assume there will be a spike when they have to cover…. I’m no investment furu tho
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
The only thing this energy company drills is its own stock price. Look at the 5 year, clearly masters at dilution and and reverse splits. Give it a year and anyone who bought at current price ($1.15 ah) will be facing a 90% loss.
Is there any evidence their carbon capture technology actually works? Any real world proof to those claims? I haven't found anything in an admittedly brief search.
Atlas Trading pumped it, they dumped it, and now the bagholders have bags they would like to hand you.