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Posted On: 09/28/2021 5:43:04 PM
Post# of 148892
Re: chuckles759 #105915
I’m not sure I follow the logic of your post. From my perspective, things are shaping up very well for us. While the share price is still very attractive for new investors looking to build a position, it has nearly doubled off its lows, which should be a pain for the shorts who were foolish enough to pile on at the bottom. Moreover, there haven’t been any shares to borrow for several days, which is going to put upward pressure on borrowing costs and limit the ability of shorts to hold their positions or to dump further supply onto the market. At the same time, we’re fast approaching several important catalysts, and the smart money will be looking to derisk ahead of them. All of this strikes me as extremely bullish.
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