RE:RE:it has been said many times here the reason volume is low isThere were 600,000 shares sold short O/S on the venture and nastaq combined as of January 15 (short interest) when the S/P was $7.50. I assume they continued to sell short when the stock peeked at $8.37. (IE profit = short when stock price is high then cover when it is low) . The question is - How low they will drive the S/P down before covering after a possible dismil 1stQ23?
My target is $6.50 for now. Will be interesting to see the January 31, 2023 short interest reports. I assume the short interest will be much higher. Those that took a profit at over $8.00 were smart. IMO
GLTA