$Ocean Power Technologies (OPTT.US)$ FINTEL back down to 300...
$Ocean Power Technologies(OPTT.US$ FINTEL back down to 300K LTB! And CTB is slowly creeping up! Hehehe
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
QM137over1 : What does it mean![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Seek advice from the master
Rockhoundj : I’m holding for the .30!
Not sure if it’s gonna get there
Trytosaveabit OP QM137over1 : I will try and answer until the SENPAI Answers you! Hehehe! So the 300K is the amount of shares a broker has to lend for shorts to bring price down! And the CTB is Cost To Borrow the shares overnight! It’s a % just like interest on a loan! So when they run out of shares to lend. That brings the chances of shorts to bring price down lower! As long as they don’t naked short! Naked short = fake shares that exist only on paper! Hope this helps? If you need/want more? Ask away
Trytosaveabit OP Rockhoundj : I’m looking for my .2775? If it gets there and looks decent? Welll then I will keep some and aim for .3095! Hehehe GL
QM137over1 : Are you saying that bears have no resources to use and are about to be rolled out?
Trytosaveabit OP QM137over1 : Basically yup! At least that’s what the current data is showing! But if some sell to secure profits? Or if stop losses get hit/people sell to minimize losses? That can free up shares? One thing that don’t make sense to me is why everyone don’t turn off share lending with their broker/platform? Yes you get a bit of money for lending them. But by lending you are giving people the power to short your own shares against you!!! The tiny bit of money they make lending can in no way add up to the losses that shorts put on them by using their shares against them! Hehehe
Trytosaveabit OP : NOW 250K LTB