/biz/ - Business & Finance

Also this is key to screwing shorts over. The 10Q was published in the middle of the day, causing them to short it even more, then SOMETHING happened that meant they tried to push the price down yesterday - the fake and gay news article came out to justify the price drop so they could try and cascade sells so their puts were ITM, they ended up OTM and spent their ammo on trying, meaning it is now day 13.

>>53473057
Look up short squeezes, they go up to irrational numbers, totally dethatched from fundamentals. This is not (maybe) as nakedly shorted as much as gamestop, but will go up significantly due to the above reasons. Remember with shorting there is infinite risk because if you short enough and have to close and people don't like your price then you have to keep offering more. Think planes being overbooked and you're passenger 101/100. If they want your ticket they need to keep offering more until you eventually sell.