LogFAQs > #962274402

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, DB5, DB6, DB7, DB8, Database 9 ( 09.28.2021-02-17-2022 ), DB10, DB11, DB12, Clear
Topic List
Page List: 1
TopicStock Topic 35
Lopen
02/01/22 1:56:19 PM
#352:


With Market Makers it's about kicking the cans down the road. The huge open interest of options week after week is what is causing it. They're making tons and tons of money by not delivering shares right now. If they can weather the storm long enough and BBIG hype dies down, the price never pops and they pocket all that premium.

Why you are mistaken in thinking there aren't similarities to GME and AMC here is those stocks the options is what moved the price violently as well. A bunch of people just buying shares doesn't do it. Options are what drove the market there.

Short Sellers I'm not entirely sure. Keep in mind they're very far up on this trade currently. The thing with short selling is it's very easy to rake lots of money on small amounts of movement. If you short BBIG at $3.50 and it falls to $1.75 you've doubled your money. Also keep in mind that a lot of really big money, they're shorting due to a computer algorithm. I worked for a company that designed computer algorithms that decided whether to buy or short a stock based on the underlying option volatility-- that was the entire basis of my job position, to let people make money wheeling stocks without paying attention, so yes it does exist, and these "poor shorting" decisions could completely be the work of a computer algorithm and not some mustache twirling evil fat cat saying "AH I'LL SHORT NOW"

Anyway the inorganic price movement in the face of impending catalysts makes it clear. People wouldn't be selling a company with all this stuff on the very near horizon. There is a stark difference between how BBIG moves and something like I don't know MMAT or SDC. But I'm not here because it gets squeezed for the squeeze's sake, I'm here because TYDE dividend, when the SEC irons it out, forces covering.

Basically your options are the following
  • People following the stock are selling massively and the data showing short interest/ftds/etc is incorrect
  • People are shorting, all the data we have is correct, and people actually following the stock are holding
Like you either have a tinfoil hat about fintel/ortex/nasdaq etc or you have a tinfoil hat about short selling-- no matter which scenario someone is lying.

---
No problem!
This is a cute and pop genocide of love!
... Copied to Clipboard!
Topic List
Page List: 1