(Total Views: 796)
Posted On: 02/28/2021 12:20:16 AM
Post# of 155706
Short volume Friday was the highest of the month at 73%.
Average was probably in mid 40s.
Shares "available to short" very low at 15,000 shares Friday after close.
So any damage by shorts to SP coming in has already been done.
They can't be alot of shorting Monday to drive the SP down, due to very low availability of shares.
They can hold their short positions on Monday, but if any good news comes out or if we just move into green steadily, and shorts start to cover buying to get out, it could be a rather large short squeeze.
It is a great opportunity for Nader if he is holding any Aces right now that he is allowed to exercise.
It appears the shorts held their postitions not covering Friday and Adam Fartsmudege reposted an old CYDY attack article on STAT, changed the date to 2.26-21 and yet, you can't read the article unless you register with STAT?
KInd of confusing. The article is usually a "message for shorts to attack", but they can't borrow shares to short the stock, Only 15K shares available. His article alone surely won't drive longs to sell.
So why didn't more shorts cover on Friday?
Average was probably in mid 40s.
Shares "available to short" very low at 15,000 shares Friday after close.
So any damage by shorts to SP coming in has already been done.
They can't be alot of shorting Monday to drive the SP down, due to very low availability of shares.
They can hold their short positions on Monday, but if any good news comes out or if we just move into green steadily, and shorts start to cover buying to get out, it could be a rather large short squeeze.
It is a great opportunity for Nader if he is holding any Aces right now that he is allowed to exercise.
It appears the shorts held their postitions not covering Friday and Adam Fartsmudege reposted an old CYDY attack article on STAT, changed the date to 2.26-21 and yet, you can't read the article unless you register with STAT?
KInd of confusing. The article is usually a "message for shorts to attack", but they can't borrow shares to short the stock, Only 15K shares available. His article alone surely won't drive longs to sell.
So why didn't more shorts cover on Friday?
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