Interesting info about Shorters
You might be smart if you actually hold your shares, so their isn't enough available in the freefloat for them to buy the shares back to cover the shorts
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71442744 : excited and holding for Monday and beyond
CilaiWang : does it mean going up or down?that s all i care
Rusty Shackleford 1 OP CilaiWang : If enough people hold it, it will go up because there won't be enough shares for the shorts to buy back. They have to pay a fee every month to have outstanding short shares. The total shorts for Wednesday and Fiday are almost 3 times the float and 2x the total shares, including the majorshareholder shares. They also are supposed to deliver the shares by Monday to the people that held, and that will be hard to do because it has been shorted so much. The short info on here doesn't even include the darkpool so it could be shorted 10x. It will take time, so don't put money into that you are going to need in a week.
CilaiWang : Does it mean that the bullish rate has improved and the short rate has decreased?
F HALE : look up Naked Shares
Rusty Shackleford 1 OP CilaiWang : I would consider it bullish only in the sense of their being so many shorts that if people just hold their shares, we will hold enough for them to have to continue to pay fees because there are no shares for them to buy. Also, this can change at anytime, for instance, if they do an ATM or something similar, then that goes out the window because they introduce new shares to be purchased.
Ken Griffin Charity : “If 60% of the free float is held by investors who
are unwilling to sell”
Rusty Shackleford 1 OP Ken Griffin Charity : I know most people aren't smart because they listen to people who spread misinformation. If they realized how much power they actually have, if they hold.