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Catchasegnome 3 points ago +3 / -0

I havent been paying attention for quite a while. Is this still ongoing? What happened the first time? Did the shooters actually lose anything? If not, what hope is there that they will?

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NeoDragoon 5 points ago +5 / -0

There was no short squeeze the last time in January, that was a pure FOMO Gama squeeze, which almost triggered the Mother of All Short Squeezes. They claim they've "covered", but there hasn't been enough long v short volume to indicate that's the case, and shorts have accounted for over 50% of daily volume since the 19th of February, so they're actually digging the hole deeper. Then there's the fact that "institutional ownership", eg. pensions, index funds and the like, still own over 105% of existing shares, so the actual public float is a NEGATIVE value.

For reference, Gama measures the velocity of the stonk, and with all of that volume, it was made worse with people buying in out of the Fear Of Missing Out.

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Catchasegnome 1 point ago +1 / -0

Are they ever actually likely to have to pay up or is this wishful thinking?

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NeoDragoon 0 points ago +1 / -1

I'll just say to check out the link posted by u/PennyStock

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Furecrotch 5 points ago +5 / -0

They are losing on interest alone.

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ZoomerCrusader 1 point ago +1 / -0

Same. This all seems like a massive cope.

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NeoDragoon 1 point ago +1 / -0

Just checked the Stonk-O-Tracker, turns out they actually had two straight days of longs beating shorts, but the volume was so low that it's only about 600k of potential coverage.

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NeoDragoon 2 points ago +2 / -0

Okay, I have to ask, what anime/game is this from?