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Posted On: 10/05/2021 8:04:33 AM
Post# of 148900
Onestep,
You completely misconstrue Chuckle’s intent.
The enormous volume of shares short, as has been previously discussed, is a coiled spring ready to snap back and lay waste to those literally betting against Cytodyn.
Shorts pay a huge price (currently over 100% interest annually) to short Cytodyn shares.
Nearly any good news (Brazilian interims, Nash phase 2, cancer BTD) will bring a flood of mew investors with panicked shorts trying desperately to cover.
That is the point of the derisively named shorty report.
You completely misconstrue Chuckle’s intent.
The enormous volume of shares short, as has been previously discussed, is a coiled spring ready to snap back and lay waste to those literally betting against Cytodyn.
Shorts pay a huge price (currently over 100% interest annually) to short Cytodyn shares.
Nearly any good news (Brazilian interims, Nash phase 2, cancer BTD) will bring a flood of mew investors with panicked shorts trying desperately to cover.
That is the point of the derisively named shorty report.
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