Post by
allibabba on Jan 07, 2021 10:55am
Shorts
Almost 500,000 short positions as of the new irroc report that came out today. I think the shorts got hit hard yesterday. They were hoping to drive it down to 0.15 ish to cover but some big buys spoiled their plan. Expect one of two things in the near future. Either we get news and this takes of and causes a pretty good short squeeze, or they will orchestrate another huge sell off and drive the price WAY down and the it will have a huge V recovery as they frantically try to cover. Sit back and enjoy the show.
Comment by
AucontraireII on Jan 07, 2021 11:30am
So alli, you think it will either go up or maybe it will go down. Wow, can I quote you on that? You are truly gifted...
Comment by
allibabba on Jan 07, 2021 11:50am
No. I'm saying it will go up or go down and right back up.
Comment by
allibabba on Jan 07, 2021 11:52am
Just my opinion from analysis of course. I could be wrong.