RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:FIRE Shorts to Apr16/20I was refering to the short trading volume md, the chart info covered from Jan1/20 and the trend is clearly down, please post or send info if you don't mind.
Hard to imagine there would be more shorting when production and sales are increasing and should be setting new highs going forward? It would be very dangerous for the average investor to be holding short with the trading volume a few hundred k a day and spreads of a couple of pennies....analyst estimates at $0.50 to $1.00, 2holds and a buy and technicals more bullish than not for the near term.
Not interested on shorting anything but wanted to understand better and a while back I was going to check on the critera for setting up a margin account and if there was a way that I was able to short sell FIRE when trading below $1.00 but it is just about impossible to get through to them at any time these days, so didn't pursue.
There would have to be some material negative news/event that is pending that would justify increased short selling at this stage or when they decide to move it north and the big money creates enough volume and spread to ccver their short position and take their pofits before the SP moves north. JMHO....Opt
maritimedreamer wrote: Opt, from my undestanding we have seen an increase in short positions since Dec 2019 where right now i believe we are at the highest recorded (?) 12.2 mil. That said, who holds the shorts and why? do retail really have ability to short this stock this low? i suspect not....... deep pockets know supreme has a strong future.