Time to get real about squeezes
$Vinco Ventures (BBIG.US)$
there was a ton of fails to deliver in late January and yet the days to cover was only 1.0 days. The truth is the institutional side does not need to cover when the price isn’t to their advantage. Now at least BBIG is on the threshold security list. $AMC Entertainment (AMC.US)$ has been on the list before but it isn’t currently. That means there are no current fails to deliver. Back in March 2021 was when the fails to deliver from late January popped up. But again AMC is not on the threshold security list right now. overstock.com was on the threshold security list for over 600 days in a row
there was a ton of fails to deliver in late January and yet the days to cover was only 1.0 days. The truth is the institutional side does not need to cover when the price isn’t to their advantage. Now at least BBIG is on the threshold security list. $AMC Entertainment (AMC.US)$ has been on the list before but it isn’t currently. That means there are no current fails to deliver. Back in March 2021 was when the fails to deliver from late January popped up. But again AMC is not on the threshold security list right now. overstock.com was on the threshold security list for over 600 days in a row
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I block accounts with no name, pic, trading history or posts that try to follow me. Sorry hedges
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Dennis Takizawa Hide : Hi Mike, so with this scenario the HF will be force to cover soon?
Expendabiggles : No. I think this is FUD. Hedges are trying to dilute the strength of our money between many stocks. AMC & GME only for me. I will not be distracted.
Mike Hunt OP Expendabiggles : Best of luck. Goodbye
Mike Hunt OP Dennis Takizawa Hide : The point of this post was that there were plenty of shares available on the open market for purchase at the end of January to close short positions yet there were massive amounts of failures to deliver. Think about what that means.
GOOBERHAG Mike Hunt OP : Ooh I know what this means...Buy more AMC!
Mike Hunt OP GOOBERHAG : Right on. Whatever floats your boat. My post isn’t about telling anyone to do anything.
71535617 : The person that wrote that article does not understand FTDs. She was basically reporting on reddit posts, which also didn't understand the data they were looking out. The 157 million figure is nonsense. They don't understand stand the data and are summing figures that shouldn't be summed. Doing so provides no useful information, no more than pulling a number out of thin air.
71535617 : Also might as well forget about any chances of a short squeeze happening here. The company has been constantly diluting the shares outstanding. It has more than doubled each and every quarter for the last three quarters. That's three 100%+ increases in the # of shares. That is MAJOR dilution, I mean MASSIVE. Them constantly issuing shares also makes any short sale data like Ortex inaccurate and completely unreliable. That data is already incomplete outside of unknown new share issuances.
Dons hobby : I am back in AGAIN lol. How's your day going so far ?
Hope you kill them today
Don
Mike Hunt OP 71535617 : Here’s your reality check on squeezes. The squeeze is defined as The majority of buying demand coming from purchases to close short positions. There’s a misunderstanding that a squeeze is required for parabolic price action when in fact most parabolic price action happens without a squeeze. Good old fashion intense buying demand pressure coupled along with a limited supply and lack of sellers. From and observational standpoint, it’s impossible to tell if a parabolic price action you are observing is from the squeeze or not. Here’s the actual data on what most people think was certainly a squeeze which was GameStop. This is from the SEC and it demonstrates that only a small portion of buying demand came from covering shorts. That’s the orange part of the graph.
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