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Topic | Stock Topic 37 |
Lopen 05/25/22 6:08:57 PM #38: | I have no idea what it means The ex and record date don't seem to have changed so I'm not sure what it does as it relates to shorts covering. They may have to cover by Friday as I said. But it's possible that those dates changing is implied. I honestly think we may moon on Friday anyway because this is a great time to cover with a bunch of retail likely selling. Great time to buy the dip I think. Only really scary for weekly options. Most of my options are dated July or later so only slightly worried (end of Q2 is June 30). I do have like 80 options expiring Friday that were got on the cheap, so they may burn. I'm not selling any though. Basically it's impossible to know what it means. I do not like the company for doing this, however. It feels like a scheme working with hedge funds to scare retail off. That being said I don't invest in companies that I like necessarily and it's still super undervalued-- it just means I'm going to make less of a point to convert calls to share and maximize profit taking going forward. --- No problem! This is a cute and pop genocide of love! ... Copied to Clipboard! |
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