understand the stock you are holding
human lies, numbers don't. shorts have increased their interest by 3.56% yesterday and bring down the stock. however, they are paying 197.23% average to borrow the stock, this is really high! On comparison, CTB for AMC is 1.53%.
Understand that this is a short squeeze play. I am not a financial advisor or I'm not swaying anyone into buying. Just keep it positive if you are in. Do your own DD as well.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
103118232 : so today will drop
zachfire OP 103118232 : if you know about Ortex, you can check the short interest. if there is a drop, means they are covering. which means they are buying back stocks which will cause the price to increase. more shorts cover = more buying pressure = price increase. so need to check if shorts interest increase or decrease.