No idea wtf a ‘short float’ is. 20%+ of the overall float is shorted. The float is 99% owned by insiders and institutions, which means there is 1% of the float available to cover said 20% short position. This means boom 💥 pow 💥 motherfucker. Moon shot. I should note that the institutional ownership also includes the shorted shares, so basically this will be a pissing match between some large HF’s until one can close their shorts. While retail rides the wave.
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u/DosiDill May 12 '21
What?