Post by
quinlash on Oct 30, 2024 6:52pm
RE:No quinlash - surely a shorter is a more
Well that must certainly rile yourself out then as you can't seem To get the ticker symbol correct.
Hedge funds and larger shorts hire outside consultants to monitor the short position, free float and shares for sale to ensure they can buy back (cover) while they sit on a profit.
The less technical ones use chart trend data and simply pray to God that a large investor or a large short doesn't make a move and snatch up the shares for sale prior to themselves covering on a profit and prices rise enough that they have to cover on a loss.
Shorts are under to buy, if they realize it or not.
Best Regards
Q
- Long on TLRY (proper to ticker symbol)
Comment by
quinlash on Oct 30, 2024 7:07pm
Just to fix some type-o's Shorts are under contract to buy, it's called a cover when a short exits their bet against the shareprice movement Currently the NASDAQ has over 100 million shares under contract to be bought (covered) by short position traders