Zombie Boy Trade
OPlucky star-hold
:
short is the opposite of buying, short means I burrow or I pre-sell first 10000 shares at $5 (which leads to a dip price/short attack), then I buy back the 10000 shares at $3, I earn $2 per share, so right now there is a limit pool of shares to be short and now it's at 0, meaning alot of people are holding those shares they need to return back, if we managed to pump to $7, they will lose $2 per share, if they keep holding they will lose like mad so they have to stop loss and leads to a potential short squeeze, now if let's say CEI now if flys to $5 or higher, many shorts will have to cover back to keep their loss min, then we will fly but if we have more sellers than buyers, they will hopes it dips all the way down and they buyback what they sell earlier which profits them more.
Zombie Boy Trade
OP
:
so right now shorters are holding many shares that need to return back to CEI, they have to cover back because there is interest rate for shorting also, they can't hold too long also, that's why you can see why stock flys easily, as long we have more buyers step in, shorts have to cover back and stop loss before they have to lose like mad, example I short this CEI at $4.20, I aim for a $1 profit so CEI has to go down to $3.20, but it didn't hit my target and bounce back up to $3.90, I can decide to let go and earn a small profit or bet that it will go down, but if it suddenly go up to $5, $6, even up to $10, I will go bankrupt so I have to stop loss at maybe $5.20, if buyers push it up to this price I stop loss and also buy the shares to return what I burrow at $4.20, this means both buyers and shorters are pumping this stock but buyers are profiting, shorters are stoping loss, so when there is a dip or downtrend, it means short attack
lucky star-hold : sorry what u meant? very new here
Zombie Boy Trade OP lucky star-hold : short is the opposite of buying, short means I burrow or I pre-sell first 10000 shares at $5 (which leads to a dip price/short attack), then I buy back the 10000 shares at $3, I earn $2 per share, so right now there is a limit pool of shares to be short and now it's at 0, meaning alot of people are holding those shares they need to return back, if we managed to pump to $7, they will lose $2 per share, if they keep holding they will lose like mad so they have to stop loss and leads to a potential short squeeze, now if let's say CEI now if flys to $5 or higher, many shorts will have to cover back to keep their loss min, then we will fly but if we have more sellers than buyers, they will hopes it dips all the way down and they buyback what they sell earlier which profits them more.
lucky star-hold : yes let hold and shoot to 7 and roast those shorts
Zombie Boy Trade OP : so right now shorters are holding many shares that need to return back to CEI, they have to cover back because there is interest rate for shorting also, they can't hold too long also, that's why you can see why stock flys easily, as long we have more buyers step in, shorts have to cover back and stop loss before they have to lose like mad, example I short this CEI at $4.20, I aim for a $1 profit so CEI has to go down to $3.20, but it didn't hit my target and bounce back up to $3.90, I can decide to let go and earn a small profit or bet that it will go down, but if it suddenly go up to $5, $6, even up to $10, I will go bankrupt so I have to stop loss at maybe $5.20, if buyers push it up to this price I stop loss and also buy the shares to return what I burrow at $4.20, this means both buyers and shorters are pumping this stock but buyers are profiting, shorters are stoping loss, so when there is a dip or downtrend, it means short attack
BlisteredSister : I'm not even that attached to this one. but I love me some good ol fashioned democracy! #originalliberal
Kylow Zombie Boy Trade OP : Very well explained
littlemissy00 Zombie Boy Trade OP : wow thanks for explaining. can we know at what price they short it or that's confidential?
小皮卡皮又皮 littlemissy00 : The lower the shorting price, the better, then they will get a lot of profit
Moooooo888 : Why does it keep dropping
102963782 : @Kasho do u know how low is they target?
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