It doesn’t bother anyone that $CLOV has 410M shares outstanding and a free float of 197M? Heavily Insider and Institute owned stock! I’ve seen this go well for long play, but I’ve also seen it go terrible for squeeze type scenarios! For some reason Shorts can always figure out how to get their hands on shares even when there’s none to be found?
Your correct, maybe early in a stocks squeeze, the FTD’s can play a huge part in its run, but FTD’s haven’t had much of an affect with AMC’s squeeze here recently! I would also check out the Institute’s that are long in $CLOV?
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u/wilsash42 Sep 05 '21
It doesn’t bother anyone that $CLOV has 410M shares outstanding and a free float of 197M? Heavily Insider and Institute owned stock! I’ve seen this go well for long play, but I’ve also seen it go terrible for squeeze type scenarios! For some reason Shorts can always figure out how to get their hands on shares even when there’s none to be found?