Andrea Connally
Dr_SkeLLingToN
:
pretty much everyone is gobbling up the short sell. the more who short, the higher the rate goes. doesn't seem like there's profit in shorting it now. But over 200% is something to see that's for sure. Look up the 10% rule too. This stock is just a meme stock at this point.
Dr_SkeLLingToN
DaytradeSwing
:
So short sellers are piling in, driving up borrowing costs, and pushing down stock price? seems like the bandwagon is filling up then? Just in time for the first Debate.
Big Stonk Lord
:
If you are long, double ouch. If you are a bit smarter you would switch on securities lending because you’d at least get a portion of that interest and lessen your losses a bit.
Dr_SkeLLingToN : Can you spell this out, for dummies?![sweat_smile 😅](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f605.png)
QMengColdJoke : stop comparing DJT with fraudulent FFIE
IrishJohn HSS : So in order to borrow shares to short you must pay in upwards of 350% interest.
Andrea Connally Dr_SkeLLingToN : pretty much everyone is gobbling up the short sell. the more who short, the higher the rate goes. doesn't seem like there's profit in shorting it now. But over 200% is something to see that's for sure. Look up the 10% rule too. This stock is just a meme stock at this point.
DaytradeSwing IrishJohn HSS : It’s a short calling beacon.![grinning 😀](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f600.png)
It’s like a sure sign it’s on its way down, it’ll just cost ya a bit
Dr_SkeLLingToN DaytradeSwing : So short sellers are piling in, driving up borrowing costs, and pushing down stock price? seems like the bandwagon is filling up then? Just in time for the first Debate.
Big Stonk Lord : If you are long, double ouch. If you are a bit smarter you would switch on securities lending because you’d at least get a portion of that interest and lessen your losses a bit.