Excellent post Emmitt 5% by only one buyer, but w
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5% by only one buyer, but what if there are 3 or 4, then, they have 3 or 4 more weeks to go, or they don't need to get to 5%, this way they will always, as a whole, have the cash to keep the shorts at bay, since their fire power will not be tied up by reaching the maximum at 5%.
Yes, pacing the purchases and playing the shorts so as to not cause a short squeeze, but still ramping up share price slowly, paced, measured, and controlled, maybe allowing some consolidation during the day, allowing those who wish to participate in the escalation in share price to enter, while almost being assured that it will continue to rise from down here. Maybe even allowing it to fall 20% only to be green at end of day or a penny down.
Certainly, it was their wish to take advantage of the hole the shorts dug for themselves. They dug and dug and couldn't stop digging. The dug so deep they buried themselves. Now the hole is caving in over them. And these guys are playing them so easily. Now they have trapped the shorts with a few days to cover, nothing to short and an immense interest rate to pay.
Shorts don't seem to be capitulating though. But these guys are going at their buying slowlike and measured. But putting the pressure on. And they can do this up to their 5%. I'd say your suspicions are accurate and in fact it was their intention to obliterate and decimate the shorts even for the sake of the shareholders and certainly for their own benefit as well and for the benefit of CytoDyn and Leronlimab.