2 ms·
It was always 9 february to me: http://www.nasdaqtrader.com/trader.aspx?id=shortintpubsch http://www.nasdaqtrader.com/trader.aspx?id=shortintpubsch ( see Dissem
by NicoJuicy 6y ago
It was always 9 february to me: http://www.nasdaqtrader.com/trader.aspx?id=shortintpubsch http://www.nasdaqtrader.com/trader.aspx?id=shortintpubsch ( see Dissemination date)
That's an official date to release short interest.
And I don't disagree with feeling good with shorting at 300-400. But none of the info you just gave me invalidates my reasoning.
Considering there were 139% shorts which is way higher than the normally available pool, which we'll see on the 9th February ( as stated before)
- majormajor 6y agoNot even the lack of people holding? Tons of people were selling throughout the 1/29 settlement date for that short interest, there wasn't an unavailability of shares. If you weren't one of the people selling then, I'm not seeing what would make it better in the future. edit: we may be talking about different things here. You're suggesting that if there are still funds very exposed on shorts in the info disclosed 2/9, then there's a potential for trying to make the stock rally again later this month? Vs that anything is already due this month? (I'm just skeptical still because the turnover is so high - I doubt the remaining interest has as high exposure cause I would guess they got in at higher prices.)
- NicoJuicy 6y agoWhy do you try to get personal? As said before, I don't care about when to sell or buy, my financial interest in it is way too low too care about it. I just think it's interesting and try to learn from it ( that's the only reason why I even bought a little, to keep me interested). What's your formula to state a lack of people holding vs. the amount of shorts that were outstanding? I don't see how you can easily come to that conclusion with 139% shorts outstanding at a certain moment. If the amount of shorts were lessened to 50%, which we'll know on 9 February i can agree. But I can't know for sure now and i want to know with what logic "you can" be sure. Edit: Yes, I'm suggesting that there are "possibly" still a large amount of shorts and that I can't know till 9 February to see what could happen. If the amount of shorts is low, than GME will continue to drop to a normal value. If it's high, it depends on when the shorts were initiated, so it's still unclear then. There's just a higher possibility to dismiss a potential squeeze on the 9th of February. So I'm looking for additional info why people can already dismiss this reasoning. Edit 2: ( can't reply on your comment) I agree, there's a lot of uncertainty in it... A lot of "unknowns" for now. I'm just careful dismissing it as a pure meme though. Since I can't fully dismiss it as such and I'm open to additional info surrounding this ( hence my original question).
- majormajor 6y agoSorry, didn't mean to make things personal. I think we agree on where the uncertainty is, I just initially read you as saying you believed there was a definite ongoing squeeze, vs a possibility of continuing the play. And I just want to caution people against believing there's any sure things going on here; we don't have enough data in real enough time to know exactly. What we do have data on is that a LOT of shares are being sold every day, more than 100% of outstanding shares, so those could've been used to close out short positions, or they might not have been. And it could've been a few sellers selling a lot, or tons of sellers selling small amounts, etc. We can't know for now.