$Allarity Therapeutics (ALLR.US)$ DATA: 153% SI representing...
DATA: 153% SI representing 468,787 shares which are borrowed by market and dark pool not yet closed.
Market Shorts Available: 150,000 shares
CTB: 182.52%
NOTE: This high SI means it is highly squeezable ONLY IF buyers will come and put pressure on shorts and they will be forced to close/cover position on current matket price instead of buying low. Consequently, price shoots up.
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72884005 : Getting close
KSOL : simply put, more buyers of this share will force the shorters to buy and return the shares? then causing the price to go higher since there will be less shorters??
72884005 : Next week boom
potsy52 : I’m in
Jaguar8 OP KSOL : It will push higher since they can’t close the position on their desired lower price but rather the current high price- then they close then we soar
KSOL Jaguar8 OP : thanks for the explanation. I'm still learning, only heard of short selling like few weeks ago
1) in that case, they could cover their position by buying back at a low price now?
2) with less short sellers, then the price may soar higher?
thanks
Jaguar8 OP KSOL : Their intention is to close position by buying back shares at lower price. This can’t happen if there is buying pressure
102539778 : next ffie squeeze play
Mod Tanyatorn : Seems like today will be the day SS cover or next week. Steady hands and throw out the sell
Jaguar8 OP Mod Tanyatorn : Likely today is the best squeeze of Monday
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