Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

How do we know if the short has been covered?

Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
3
+0
4
Translate
Report
5101 Views
Comment
Sign in to post a comment
  • CherryPudding : Investing tools estimation. Current estimation, it hovers around 85 million.

    Before they completely covered, they would lie that they have covered. If they have not even attempt to lie about it, we are no where close to even covering.

  • 101837263 OP CherryPudding : 85m of shares seems not a difficult number for them to buy back I think? Although almost 80% hold by retailers, but I believe many of them are traders who sell high buy Low, So 85m can be recover slowly without a squeeze...anyway this is not fud, I just curious on how it would be...

  • CherryPudding 101837263 OP : Hope you did not buy AMC without first researching about the naked shorting. I am not going to explain as I may influence you.

    If you ask me, 85mil is NOT a small amount for them needing to buy back. From your comment, I worry for you as you may not understand how serious the situation is.

    There are tons of good explanations online you can already find, instead of asking in moomoo platform. You can start with this: https://redd.it/nt02yb

    Please make sure you understand before thinking of buying AMC. Otherwise you may just sell at loss without the conviction.

  • 101837263 OP : First of all, thanks for your reply on this. I am not saying that 85m is a small amount that they need to buy back, I just thinking they could recover slowly from the share that holding by paper hand. Hmm, I asking this is because we have lack of information that how many actual shares that HF haven’t buy back. I am holding the share at $59, but I am not worry at all, posting question at moomoo just for discussion, to see whether I have missed out anything.

1Follower
4Following
6Visitors
Follow