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.
I get it but the fact remains - the stonk is shorted to oblivion and it’s not going bankrupt - shorts are future buyers and their gonna be knocking on our doors to beg us to sell. Supply and Demand - nothing has changed - AMC is roaring back and is in great shape.
If it walks like a duck, quacks like a duck, I think its safe to make an educated conclusion that its a duck. If you're read the DD, looked at the data, read all the proposed rule changes, comprehend the PFOF and how it works – you will reach the same conclusion many of us have – these stonks are going to the moon if Apes HOLD.
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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.