DJT 4 hours ago there were literally 0 shares available to short. so this isn't short selling dropping this since the open. it's longs who bought the rumor and are selling the news - or insiders selling. whether that's the news that he won or the news breaking yesterday that this "
8BN" company only took in $11,000 a day last quarter, while spending $211,000 a day, who's to know? Beauty is in the eye of the buy and holder I guess. Especially for those of you who bought at the open and are down 20+% on the day so far. Oops. Dunno if you'll be seeing $175 today, though. Don't lose hope, though. It could happen.The good news is that the shorts can't punish you even more by selling into your euphoria. The bad news is only your "friends" can - and they are. So good luck with that. You know what they say - "greed is good". The part they don't say out loud is that it isn't good for everyone.
If it makes you feel any better, the shorts who shorted last Tuesday's high are only up about 30% right now so it isn't working out the way they hoped, either. Diamond hands, everyone. I'm sure it'll all work out. Have a nice day. 🇺🇸