$Castor Maritime (CTRM.US)$ Please understand how much is at...
$Castor Maritime(CTRM.US$ Please understand how much is at stake here. These are the current short statistics (2/22/21) from ortex.
1) 100% short shares are being utilized. 100%...meaning ALL shares capable of being shorted are actively being shorted.
2) The current cost to borrow these short shares is 22.81%. Imagine having to pay over 22% on any debt you owe. That is very substantial considering the shares on loan are currently 61.58 Million!!!
3) This seems to have the potential to be squeezed, hard!
4) I am NOT a financial advisor but I do have 167,000 shares and I’m holding long because of the vessel acquisitions, increased dry-bulk shipping rates, and global Covid recovery.
This is bullish even without the squeeze potential. And all the shorts desperately want us to sell (because they are losing lots of money). Look at seeking alpha writing 2 separate articles trying to convince retail shareholders to sell their positions. I smell fear and see blood in the water.
1) 100% short shares are being utilized. 100%...meaning ALL shares capable of being shorted are actively being shorted.
2) The current cost to borrow these short shares is 22.81%. Imagine having to pay over 22% on any debt you owe. That is very substantial considering the shares on loan are currently 61.58 Million!!!
3) This seems to have the potential to be squeezed, hard!
4) I am NOT a financial advisor but I do have 167,000 shares and I’m holding long because of the vessel acquisitions, increased dry-bulk shipping rates, and global Covid recovery.
This is bullish even without the squeeze potential. And all the shorts desperately want us to sell (because they are losing lots of money). Look at seeking alpha writing 2 separate articles trying to convince retail shareholders to sell their positions. I smell fear and see blood in the water.
![$Castor Maritime (CTRM.US)$ Please understand how much is at stake here. These are the current short statistics (2/22/21) from ortex. 1) 100% short shares ar...](https://ussnsimg.moomoo.com/1614055290992-70040930-android-org.png/bigmoo)
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Lee Jessie : thx
walleyejimbo : Let's go Castor bring it on!!![+1 👍](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f44d.png)
Let the price move on up I'm in it for the long haul this company has huge potential! AND IT COMY DATE IS UP TOMORROW!! ONLY UP FROM HERE!! ![money_mouth_face 🤑](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f911.png)
![money_mouth_face 🤑](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f911.png)
![money_mouth_face 🤑](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f911.png)
![money_mouth_face 🤑](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f911.png)
709877391 : I dont have much learning the ropes but when I bought in I came for the long haul. I like the aggressive movements they are trying to make. While many scale back they are taking advantage while they can
DEADSEED1111 : Said it before and I'll say it again... the only shorts I like are my wife's and the ones I have on... and Daisy Duke's...![+1 👍](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f44d.png)
![+1 👍](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f44d.png)
![+1 👍](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f44d.png)
Good Luck Out there this week!!!
Keylogram : Buying and holding! Totally worth it![fist ✊](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/270a.png)
![moneybag 💰](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f4b0.png)
Zellarocks : Would be awesome if more people understood the damage that short sells can do.
DEADSEED1111 Zellarocks: To help people understand I have been trying to sell cars at the dealership to people.... and I work construction.... how the hell is it possible to sell something you don't own with the intention/motivation of basically making it worthless.... I really feel George Carlin needed to summarize this before passing.....