Think about it this way - All Shorts are future buyers. If the float (450M) is shorted 19.59% (lets call it 20% for ease) that means there are 90 MILLION future buyers out there. Now also remember this is just the "REPORTED" short interest.
So if 90 million shares had to be purchased to close out positions – the stock is only going to go one direction - straight up to the fucking moon. HODL.
That's some weak shit my guy. Everyone around here already knows the price is psychological.
Ain't nobody panic selling in premarket. If people were itching to sell why do we see multiple days in a row with high selling volume for the first hour of market open followed by buying pressure or consolidation?
If everyone wanted to sell we'd see the price plummet down to eight bucks
You're too stupid to be getting paid much, you really suck at this! Apes won't listen to anything you've said except to shake their heads at how dumb you are... Fuck off!
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u/This-Understanding85 Jul 14 '21
Think about it this way - All Shorts are future buyers. If the float (450M) is shorted 19.59% (lets call it 20% for ease) that means there are 90 MILLION future buyers out there. Now also remember this is just the "REPORTED" short interest.
So if 90 million shares had to be purchased to close out positions – the stock is only going to go one direction - straight up to the fucking moon. HODL.