72579311
AddiBee0925
:
agreed the float is the ideal number for price movement but we also don't know if those institutional investors are also part of the short percentage to even out their losses over the year but if they are, and see the potential in the next year I'm sure they'll close their short positions to put their profits back in the stock
AddiBee0925
72579311
:
it can't be much because out of the 200 million, institutions own 50%, and insiders own 15% with a total between the two of 130 million shares. Short interest shares are 12,733,283 and off exchange short interest is 3,328,299 shares. A total of 16,061,582 short shares of both exchanges. So they can't have much of a short position with their shares. Especially with retail owning a shit ton of the only remaining available shares 53,938,418. And it definitely trades like the float is that small.
72579311
AddiBee0925
:
the average trading volume has been much lower over the year requiring less short shares to manipulate the price but you're right much more volatility lately
72579311 : 200 million shares is hard to move sometimes
AddiBee0925 72579311 : there are not 200 million shares though. with huge institutions and insiders ownership, there are ALOT less than 200 million
72579311 AddiBee0925 : agreed the float is the ideal number for price movement but we also don't know if those institutional investors are also part of the short percentage to even out their losses over the year but if they are, and see the potential in the next year I'm sure they'll close their short positions to put their profits back in the stock
AddiBee0925 72579311 : it can't be much because out of the 200 million, institutions own 50%, and insiders own 15% with a total between the two of 130 million shares.
Short interest shares are 12,733,283 and off exchange short interest is 3,328,299 shares. A total of 16,061,582 short shares of both exchanges. So they can't have much of a short position with their shares. Especially with retail owning a shit ton of the only remaining available shares 53,938,418. And it definitely trades like the float is that small.
72579311 AddiBee0925 : the average trading volume has been much lower over the year requiring less short shares to manipulate the price but you're right much more volatility lately