Post by
islandbrook on Mar 01, 2021 8:06pm
Short Interest
According to qwerty76, the short interest as at Feb.26 was 1,717,918 shares. According to information that was provided to me by the company, the flloat as at Jan, 25, was 78,875,479 shares. This represents a 21.7% ratio. The "rule of thumb" is that anything over 20% has the potential to start a short squeeze.Obviosly the higher the percentage the higher lighthood of a squueze occuringi. A NASQD listing and a couple of strong press releases could set one off.
Comment by
RealistDontalkm on Mar 01, 2021 8:26pm
Each time the sp go on a run, short attacks it!!that's why a lot of longs emphasize on holding and putting higher margin call!! Hopefully we run way up and squeeze them like lemon juice!
Comment by
Aarman4 on Mar 01, 2021 11:45pm
I hope they get out before their trading accounts call in the margin... In the meantime, I am very happy for them to drive the share price down so I can add more shares! Cheers!