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Posted On: 08/04/2022 7:22:38 PM
Post# of 148899
oMandarin- You make some great points (IMO) regarding the potential squeeze. Based on the burn rate the buyer is on, the 5% could be attained next week.
Something has been nagging at me and this evening it hit me that the buyer appears to be pacing the purchases. Even "playing" the shorts while slowly, but certainly bumping up the share price. This (again IMO) leads me to conclude the buyer knows how much time they have to achieve a goal (5%?). No rush to slam huge chinks down, just enough to control the steady uptick of sp.
Why? (Again IMO) This buyer knows what we don't know. Knows the number and the date. The shorts are and have been used by this buyer. It matters not to this buyer that the shorts are most certainly doomed financially if my suspicions are accurate.
Something has been nagging at me and this evening it hit me that the buyer appears to be pacing the purchases. Even "playing" the shorts while slowly, but certainly bumping up the share price. This (again IMO) leads me to conclude the buyer knows how much time they have to achieve a goal (5%?). No rush to slam huge chinks down, just enough to control the steady uptick of sp.
Why? (Again IMO) This buyer knows what we don't know. Knows the number and the date. The shorts are and have been used by this buyer. It matters not to this buyer that the shorts are most certainly doomed financially if my suspicions are accurate.
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