(Total Views: 410)
Posted On: 05/23/2019 8:53:15 AM
Post# of 32973
To add to other posts about a seller and Verb/AGP looking to buy them out.
Makes sense, we have a Supply/Demand Imbalance right now. Imagine a seller (or group of sellers) that want to get out of their positions. They sell into any small little pop just to get a few more cents, and/or they sell small portions which kills the bid price. They wait a bit for the bid to come back up a little then do it again. Yes....to me stupid....but if someone wants out that is what they have to do to get out.
To mention short sellers, Verb is HTB (hard to borrow) meaning brokers might not be able to find shares for them to short. Also there is a 89% borrow rate...which is high. So I don't think it's short sellers. It's most likely what others have mentioned about 1 seller wanting to get out.
Hopefully they will be done soon or the team is able to buy them out.
Good luck to all here! Am happy to part of this!
Makes sense, we have a Supply/Demand Imbalance right now. Imagine a seller (or group of sellers) that want to get out of their positions. They sell into any small little pop just to get a few more cents, and/or they sell small portions which kills the bid price. They wait a bit for the bid to come back up a little then do it again. Yes....to me stupid....but if someone wants out that is what they have to do to get out.
To mention short sellers, Verb is HTB (hard to borrow) meaning brokers might not be able to find shares for them to short. Also there is a 89% borrow rate...which is high. So I don't think it's short sellers. It's most likely what others have mentioned about 1 seller wanting to get out.
Hopefully they will be done soon or the team is able to buy them out.
Good luck to all here! Am happy to part of this!
(7)
(0)
