LogFAQs > #966385528

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, DB5, DB6, DB7, DB8, DB9, Database 10 ( 02.17.2022-12-01-2022 ), DB11, DB12, Clear
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TopicStock Topic 37
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07/06/22 5:05:05 PM
#223:


Tyde's float is very small. 20.5m shares

The functional float is much smaller because of how it was distributed (1.5m shares + sells in the free float basically). It also has huge short interest due to people not covering bbig before distribution and has a bunch of shares owed people still haven't received because of shadyness with brokers (not primarily Robinhood this time-- webull is the big criminal with this one)

It will go up and down a ton just by someone buying like 10000 shares. It's an extremely safe swing play at these levels because it's going to be highly volatile and it isn't going to 0. I'll probably dump 1k in it a few times.

I don't like the company as much as BBIG as a long term investment, but it's super volatile right now.

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