Post by
Jacques4444 on Jul 28, 2023 9:39am
Shorts squeeze? Hope so
Still big numbers for the last count 15/07, more then 1,5 millions shares shorts. But, open higher this morning. How they gonna manage to go out? August 3th will be the test. If they take a big lost, maybe, just maybe, they will vanish ??? and we will less manipulate!
Comment by
Jacques4444 on Jul 28, 2023 9:45am
If they want to bring this stock lower, they gonna have to sell more shares or/and keept buying from lower asking price. Unfortuanaly, some buyers want to get shares at lowest price as possible, and benefit the shorts. Hard to understand for me.
Comment by
Truthifest on Jul 28, 2023 10:03am
A short squeeze would be nice, of course, but don't expect one to do too much. Short interest for BBD, using your 1.5M shrs, is about 1.5%, which is only average for a stock. The Boogieman is not short investors, but apathy by almost everyone else.
Comment by
Form001 on Jul 28, 2023 10:21am
No short squeeze here. Shorts works only for few hours. BBD is going to strong quarters.
Comment by
clubhouse19 on Jul 28, 2023 10:52am
No such thing as a short squeeze anymore the way the rules are set up. They have to be pretty dumb to ever get caught in one as there would have to be reverse manilpulation we have seen as in Game Stop. They certainly put a stop to that although it is still perfectly OK to counterfeit shares
Comment by
MyNameIsNobody on Jul 28, 2023 10:59am
Form001 - I don't know about shorts or squeeze but that one was funny! You 'knowing' the shorts have already closed the book for the day, or that they all have specific work schedule.
Comment by
Form001 on Jul 28, 2023 11:01am
Market need shorts because BBD can go to 1000.00 the same day.
Comment by
clubhouse19 on Jul 28, 2023 11:31am
While we're at it...5000.in the same day..why not Way too funny !
Comment by
clubhouse19 on Jul 28, 2023 11:34am
Absolutely correct. As it always is as is proven every time the short trading summary is published every 2 weeks and the short interest every month.
Comment by
Form001 on Jul 28, 2023 12:08pm
Shorts end covering at 11:00.