Post by
10sailor10 on Mar 28, 2022 11:19pm
Its been a long short attack
Just maybe this will put a big run on the shorts, it is long over due.
Comment by
Ciao on Mar 29, 2022 10:09am
The SHORT is caught between a rock and a hard place. They don't want to cover as they are so deep in a short position, so they will attack these rallies strategically and short more, thus digging a deeper hole. A $126M MOU (pending contract) is worth more than a $30M market cap increase (.20 move in the share price).
Comment by
Hesiod07 on Mar 29, 2022 11:19am
Short accounts are very good business for prime brokers. At 150% margin, just think what that does to the brokers float.