$Faraday Future Intelligent Electric Inc. (FFIE.US)$ SI 95% ...
SI 95% !!!
With buying pressure, this can squeeze hard.
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Begintrade : Sorry what does it mean ? It will go down more ?
Jaguar8OP Begintrade: SI combines shorts from market and off market that haven’t been closed. So with high SI and continued buying pressure, there is higher likelihood of a squeeze where shorts will be forced to cover/close position with current price instead of a lower price they want
Seraphicall : Yes indeed! I’m waiting :)
Tonyco : The semantics around short interest and short % confuses me sometimes. Important section for me to really familiarize myself with.
Short interest bad
short volume good?
Jaguar8OP Tonyco: SI is a guide for us to know how much short shares (market and off market) which haven’t been covered which consequently means them closing their positions by buying at a lower price unless there is buying pressure. This also covers shorts not covered for a certain period of time not just the day itself. Example is borrowing today, selliing but haven’t closed it yet until probably Monday or Tuesday. Short volume pertains to the number of shares sold short for the day.
Trytosaveabit : And the shame of it is! MM’s will more than likely continue to manipulate to keep from doing that? Just like Friday! Almost 50% or 48 Million + shares were routed off exchange/Dark Pool! Hehehe! So I won’t be surprised to also see the amount of FTD’s to make a significant jump? Hehehe!
Jaguar8OP Trytosaveabit: Yes the MMs really didn’t allow this good news to soar past 300%+ . A huge news they readily jumped on. So I just set a profit target of 10% PM and I’m out oh and that is for NVAX didn’t get into this though SI is high. I am just afraid of delisting
Trytosaveabit Jaguar8OP: YouDaMan! Get them green backs brother
Jaguar8OP Trytosaveabit: I got confused I thought I was on NVAX chat hahaha
Jaguar8OP Trytosaveabit: Good morning brother!
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