BET Shorting

[Lattelarry]

Another huge effort from the shorters on Friday. It didn't really have much effect. I figure at some point they are going to have to realise they aren't pushing it down much anymore and close out their positions.

 

[Lattelarry]

Yeah I'm surprised he hasn't jumped across yet.

 

[Lattelarry]

Yeah Im down to one life too - I'd be surprised if he doesn't Google and find his way here when the BET forum there gets very quiet.

 

[Cameron]

Nice volume today

 

[Lattelarry]

Another 3M+ shorted yesterday. It will be interesting to see next week if these massive shorts were closed in the same day or if they are holding them. Either way they haven't managed to push the SP under .7 despite a huge effort.

 

[Upthedons]

Over 5 Million shorted in one day is their biggest push yet.
Clearly trying to keep it at bay as long as possible, I’m counting down the days until March 2022 where they will start getting hammered. Hoping for no delays.

 

[Lattelarry]

Over 5 Million shorted in one day is their biggest push yet.
Clearly trying to keep it at bay as long as possible, I’m counting down the days until March 2022 where they will start getting hammered. Hoping for no delays.

So with that massive shorting effort they pushed it down a whole $0.045 and it bounced back the next day.

 

[Cameron]

Genuine question do shorters have a time frame to pay back or can shorting just continue until they realise it won't go below a certain point?

 

[Cameron]

Hopefully someone can give you a definitive answer…….my perspective is that the shorters can continue as long as those that own the shares want to lend them out.

That was also my understanding...

 

[Lattelarry]

Agree with Reg. The shorters will pay interest to the owners which creates a small amount of incentive to close the shorts.

 

[Lattelarry]

Wow over 6M shorted yesterday. Will be interesting to see how many of these were kept open and not closed out on the same day.

 

[Cameron]

Wtf is with the volume today shorts closing there positions??

 

[TeddyFiles]

These shorts have fired a lot of bullets and only msnaged a 3 cent movement. Are we winning this round?

 

[AusRookieInvestor]

Latest update from our mate Nooks at HC

 

[Lattelarry]

There has been a massive amount of shorting this week which hasn't dropped the price. I wonder how close we will be to the number 1 most shorted stock next week when it comes out.

 

[Lattelarry]

MQG starting to offload those 23M shares they borrowed.

 

[Lattelarry]

Will be interesting to see what we hit by Friday.

Just had a look and I wouldn't be surprised if we have around 11.5% shorted after the MQG/WH deal shows up - that would put us at number 2 position.

 

[Cameron]

Short away I was an unlucky bastard who got in at 1.25. DCA down to 90 C so far. These bastards have to buy back at some point

 

[Blockhead]

I’m doing my bit and yet to be pulled up by the oligarchs
H

 

[Lattelarry]

I’m doing my bit and yet to be pulled up by the oligarchs
H

Yeah I've been trying to remind ppl. You can tell when you've hit a nerve with one of their paid stooges.