/biz/ - Business & Finance

[Croak No.50998768]

Anons I just found a stock with over 10 days to cover, over 50% off-exchange short volume rations and 18% short interest % float. Should this be an ideal stock for a squeeze?

[Anonymous No.50998833]

>>50998768
the "squeeze" is just getting a bunch of reddit cucks and twittards to buy someones bags. not enough traction on /biz/ - Business & Finance (ticker: BIZ)

[Anonymous No.50998863]

>>50998833
Double check this

[Croak No.50998875]

>>50998833
Yeah but i’m just trying to figure out which ones have the best potential. How does volume effect a stocks shorting potential? It’s volume is down 99.66%

[Anonymous No.50998910]

>>50998875
easy ticker and appeal to normies, nobody will buy some company with ticker QOYC or a literal who company that zoomers/millennials dont care about. again volume can be generated easily from a surge of shilling

[Croak No.50998979]

>>50998910
Doesn’t days to cover also matter? If everyone is buying and no one is selling, and shorts have to buy back shares, the longer the days to cover the more time to pump and the higher price the shorts will have to eventually buy it back for because there’s only a certain amount of selling a day

[Croak No.50999000]

>>50998979
That’s why when I saw it would take 11 days to cover with no volume except buying volume i was surprised

[Anonymous No.50999043]

>>50998768
GME had about 110% short interest when it was squeezed.
Now you retards think you can replicate a squeeze with something at 18% or BBBY at 40%

[Croak No.50999050]

>>50999000
Buying volume if squeezed, i mean.

[Croak No.50999120]

>>50999043
Except that’s not what i’m saying at all and you’re a retarded faggot. I’m asking a question, not stating something. Further i’m asking what else there is to take into account when squeezing a stock than just short interest

[Anonymous No.50999146]

what stock are you talking about?

[Sage No.50999159]

just name the stock faggot

[Anonymous No.50999163]

>>50999120
It's not going to happen you low IQ faggot.
Delete your thread

[Croak No.50999206]

>>50999163
Delete your life, faggot

[Croak No.50999229]

>>50999159
>>50999146
I’m not done looking into it yet nor did I buy. I’m just trying to find out what this information means in regards to its ability to be squeezed

[Croak No.50999535]

Okay, so if this is correct I think i may have found a decent stock to squeeze.
This stocks daily average volume is allegedly
> 1,526,019 shares
but this is skewed. This stock was an obscure meme stock that completely got wiped from the spotlight. The true daily average is in reality a lot closer (now that the mania died) closer to its “Todays trading volume” which is actually
>5,214 shares
It’s float short is anywhere from 18-22% depending on the website and if this twice a monthly reported data hasn’t changed or is being manipulated. It’s float size is
>55,540,000
22% of that is
>12,218,800
If the daily volume is the true average, this would mean the number of shares short is 2000x the daily average. Whereas most good squeezes only require 5x. Is this correct?

[Anonymous No.50999553]

>>50999535
tell us before the market closes

[Anonymous No.50999581]

>>50999535
also don't tell reddit bout the stock before enough people from 4chan buy in. Our plan should be to dump on the reddit bagholders.

[Croak No.50999591]

>>50999553
Don’t rush retard, let’s discuss this first and be patient. I’ll post this again monday 3 pm after we do more research with this info. This stock isn’t going anywhere trust me

[Anonymous No.50999599]

>>50999591
okay, and so far everything you posted about the stock, seems ripe for a pretty good short squeeze.

[Croak No.50999604]

>>50999581
exactly, that’s why i’m being patient. I also want to genuinely know if it’s a good idea based on its info

[Croak No.50999616]

>>50999604
It’s also a low cap, so the potential for gains is massive if this info is actually prime for a squeeze. Any anons that are a little more knowledgeable on this care to chime in on how this looks based on the numbers?

[Anonymous No.50999617]

>>50998768
18% short interest is too low unless you DRS the remaining 82%

[Anonymous No.50999627]

>>50999616
yes very low market cap means easily higher moves up for the stock because it takes less capital to pump the stock.

[Anonymous No.50999650]

>>50999617
if trading volume is very low, and days to cover is short, then it could still be squeezed.

[Anonymous No.50999658]

>>50998768
Its going to do the dreaded triple bart.

[Croak No.50999713]

>>50999535
So if i understand this correctly, shorts would need to buy back 12,218,800 shares from a stock that only has a daily volume of roughly 5000? And if people fomo in, those people wouldn’t sell. So you’d only really have that other 5000, daily shares to allow them to cover? That would take a ton of time for them to cover. However we have to take into account that bag holders will wake back up and want to unload their bags, idk how much selling pressure that would add to hell shorts

[Anonymous No.50999719]

>>50999591
> I’ll post this again monday 3 pm
What timezone?

[Anonymous No.50999848]

>>50999713
bumping

[Croak No.50999906]

>>50999535
Further, let’s say the average daily volume goes back to 1,526,019, that would STILL require shorts to wait 11 days to cover, that’s if it reaches its previous meme height. So even worst case scenario it would take shorts two weeks to cover while a massive pump is happening, more actually as this volume would take time to reach its average within this time frame

[Croak No.50999921]

>>50999719
Eastern

[Anonymous No.51000219]

>>50998768
Fuck off RC we aren't buying it again

[Croak No.51000274]

Okay i’m taking something else into account. When the shorting began. For example, let’s say a short began shorting a stock at $10 and it’s now only $1 but with all the same stats as above. This would mean the shorts wouldn’t really feel compelled to cover until it were over $10. So the stock price would have to jump quite a bit before the squeeze really happens right? I’m this instance, it’s roughly a $1 and i believe they started shorting around $7. How can i calculate how much cash would be needed to force them to cover? Else the amount of days to cover is meaningless unless we push it over that threshold right?

[Croak No.51000309]

>>51000219
Stfu retard i’m not telling you to buy shit, i’m asking if my thinking is correct

[Jealous No.51000319]

Did they fuck me up while my camera seemed to be on?

[Anonymous No.51000327]

You've piqued my interest Croakanon

[Croak No.51000346]

>>51000327
I may be completely wrong, i’m hoping a smarter anon will correct me if so.

[Croak No.51000401]

>>51000274
I mean, in theory, if people are only buying+holding ( the selling pressure is low) while demand is high (fomo), this should increase the price but is there any way to estimate how much? How much demand it takes to increase the price past a certain mark?

[Anonymous No.51000456]

>>51000401
you have to look at the buy and sell orders, its a real time data stream

[Anonymous No.51000547]

>>51000401
it takes a lot of pumping
when are stocks to be returned
if you know who shorts, look at their reports, how much they borrowed
t. noob, decided to go on biz despite quitting 4chan and never going on biz r4

b4 the c19 it took PRPL several months

[Croak No.51000800]

>>51000547
Not sure who’s shorting it desu. As far as i’m aware they only have to be returned when the lender wants it back. I’m okay with holding for a couple months, the question is would people be aware of a buy-in. This is a small market stock so people in wsb wouldn’t even hear about it because i think they only allow talk about large caps

[Jealous No.51000829]

Did I get a new implant in my nut at this walmart?

[Anonymous No.51001020]

>>51000800
as long as its not a biopharma/mining/weed company yes
its 2022, old friends shill criptos when they see
e toro allows comments
twitter, insta, stock youtubers

[Croak No.51001355]

>>51001020
None of those sectors, it’s e-commerce of manufacturing

[Croak No.51002578]

bumping

[Anonymous No.51003128]

>>51002578
bump

[Anonymous No.51003358]

>>51003128
Bump

[Anonymous No.51003384]

I'll be looking for your thread on Monday faggot

[Anonymous No.51003441]

bump

[Anonymous No.51003457]

>>51003384
same im actually very intrested because if this checks out and biz can buy in early im willing to put in 6 figs

[Anonymous No.51003465]

>>50999535
Don't ever screencap google's answer summary. It is often wrong and always shit.
Always.

[Anonymous No.51003478]

I want to dump on reddit so bad