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Posted On: 01/08/2021 10:04:57 PM
Post# of 148899
Re: Number1Stocker #71974
I keep an eye on the bi-monthly short numbers and check iborrowdesk periodically too. Simply based on the share price increase since mid-December and the limited shares available to short from iborrowdesk over this same period, I think the short interest will increase again when the 12/31 numbers come out. I’m sure some covered and have done decent on some short day/week trades, but like you mentioned overall many are losing and desperate. These statements only account for the legal shorts that we have a little visibility on, but some shorts may also be in cahoots with MM or illegal naked short activity to try and pull off another 6/30 style attack? Either way, if we hit CD12 PE they are all going to be in a much worse position.
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Please do your own due diligence. All my posts and comments are not to be considered investment advice.
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