$Symbotic (SYM.US)$ well today it's done something and it ha...
$Symbotic(SYM.US$ well today it's done something and it hasn't done in over 1 and 1/2 years it broke it's long-term support line by a significant margin so we are in free fall mode and the company needs to get off their ass and announce contracts with new Walmart stores Albertsons other grocery stores they need to do something because right now anyone who likes to short stocks is going to key in on this one
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35+ yrs in the trenches, raised tens of millions for start ups, syndicate ipo's, yrs on trading desk mkt maker.
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魔群月光 : Unfortunately too many people are shorting this stock, the shorting percentage is 8-9% whereas for stocks like Google or Apple the shorting percentage is less than 2%.
10baggerbamm OP 魔群月光 : your comparison is completely wrong you're talking about a small to mid cap company with a much smaller float that has a much higher beta and Google an apple which are the 800 lb gorillas part of The magnificent seven there is no comparison you've got 20,000 other stocks in between that would be better comparisons
魔群月光 10baggerbamm OP : The shoring percentage for Trump’s DJT is 2.3%. Is it comparable?
10baggerbamm OP 魔群月光 : I know it is not it's not comparable it's not a good comparison.
魔群月光 10baggerbamm OP : I don’t why you are keep ignoring this simple logic: more shorters means more people are selling this stock and more sales means the price will drop unless there is a short squeeze. Simple and fair logic.
10baggerbamm OP 魔群月光 : yeah you're right I have no idea what I'm talking about this is actually my first time ever being in the stock market my extended experiences limited to about 45 minutes right now