Just a quick thought, or two, or..
We know from recent data, that Dave took out another 10 million shorts (borrowed shares).
It's fairly obvious and I think It will be shown, that at least another "additional" 10 million shorts, were taken out and used New Year's eve.
This is circa 20 million new shorts in the system between a price of 35 and 43.5 cents (assuming none of the new ones were covered during that time).
Optimism for BrainChip, is extremely high right now, so Dave would need to take out additional shorts again, in an "effort" to further drop the share price and release trapped shorts, at much lower prices. below 30 cents (again assuming none of those have been covered).
They've up until now, effectively been trying to put out fiery demand, with petrol, with borrowed shares being eagerly snapped up.
Daves not an amateur, even if he looks like a bit of a goose sometimes, but I think he may be over the barrel somewhat at the moment..
Will he get spanked, is the question..
If the whales (or lots of hungry seals) are still around, he's definitely in trouble..
If a big positive announcement drops "shortly" forget it..
Good Luck and Happy New Year to everyone!
(except Dave, he can go and get ____)
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