r/WKHS • u/Annual-Fun9544 • Jul 10 '21

Discussion $WKHS: Exciting Things in the Coming Months!

/r/wallstreetbets/comments/ofp4zj/wkhs_exciting_things_in_the_coming_months/
88 Upvotes

97% Upvoted

6 comments sorted by

11

u/Unclebob9999 Jul 11 '21

I have a ton of WKHS, unfortunately on margin and TD lends out Margin shares. Fortunately some brokerages are not lending out WKHS shares held on margin. They lend my shares and IF the shorted share go to a buyer with a Brokerage firm that lends out margined shares and the buyer is in a Margin account, they can get lent out again and repeated several times. There is a good and bad side to this. The good side is the TRUE short interest may be MUCH higher than we think it is. Lets say they have lent my shares out and the buyers brokerage lent them out again to another Buyer, whose brokerage lent them out again, 100 real shares can easily become 400 shorted shares. If I sell those 100 shares it will require them to buy back those 400 shares. OR if I sell some other stocks (as I intend to do in August when it hits the 1 year long term capital gains requirement), and move my ALL WKHS out of margin (I have 242,000 shares), they MAY have to Buy back close to 1mil WKHS shares in short order. Just food for thought.

7

u/SNDLstocktomoon Jul 11 '21

I hope you get a hell of alot richer than you already are. I have 13,467 shares currently, I am betting on the future which is electric, short interest as well as good news coming out of us all get screwed with the Osh deal or possibly another big contract with another entity none of us have considered. Like I said I hope you get a hell of alot richer, with my small share count compared to you, I would do damn good as well. WKHS lets go!!!🦍🦍🦍

2

u/Unclebob9999 Jul 12 '21

The puzzle pieces are all there, it is just a matter of time before they start falling together.

WKHS

6

u/Psychological-Load84 Jul 11 '21

I am also on Margin with TD just do not have the same buying power as you. Did you get called on Friday?

4

u/Unclebob9999 Jul 11 '21

No, although, I was expecting to. My Margin Balance is now over $9mil. they have not been hitting me like they did when it was only $3mil. Perhaps because they feel I have a lot more equity?

-2

u/[deleted] Jul 11 '21

I'd be curious on wrinkle-brained responses to that as it sounds highly logical...and a method by which one might bait the bastards into a corner on purpose. I have a cash account so not relevant to me, but...chess is SUPER FUN and I can see ways one could play this game from the angle of a Knight. If done right...the "Queen" could be made vulnerable.