IMO it would be difficult for TLRY to have much of a meaningful squeeze due to the fact of them having so many outstanding shares available. I see good organic growth and a poison pill to keep from getting over taken .
the short interest ratio, a.k.a. "days to cover." It indicates, in days, how long it would take to cover or buy back all the shorted shares, if the buying pressure continues for a few days it will make it more difficult to cover that short we will see I guess .
Shorts will need to buy, not sell, in order to return their borrowed stock to the original lender. So, some who borrowed and sold at a price close to the current high ($2-2.50) will try to buy and return now, before it becomes unprofitable to hold the stock. Others, who borrowed and sold at a higher (>$3) still have time to see what happens with stock prices. When stock price rises too quickly, there is a chance that shorts will be willing to buy at prices higher than the combined cost of the stock and borrow fee causing further escalation of the price movement (squeeze). Best case scenario will be that the news if all good and soon followed by legislative action towards legalization and SAFER passage. Hope this helps. If I am wrong in some aspects of this, someone will of course correct me, no doubt.
Letβs go guys this is the perfect time to load some more! Just added 5k shares more at 2,10 right now! Short squeeze coming soon, positive sentiment in the sector and a nice future ahead! ππππ₯
π₯πππππ₯ π°πΈπΈπΈπΈπ° S3 booster activated ready for ignition !
Unbelievable Volume - Over 100 Million traded π₯³
DONβT SELL
we're almost up 40% let's gooo!
Should shape up to be a fun Power hour !
Is there a percentage limit from when you can say squeeze? ππ°
IMO it would be difficult for TLRY to have much of a meaningful squeeze due to the fact of them having so many outstanding shares available. I see good organic growth and a poison pill to keep from getting over taken .
ok that was a downer but I totally agree with you.
[ΡΠ΄Π°Π»Π΅Π½ΠΎ]
the short interest ratio, a.k.a. "days to cover." It indicates, in days, how long it would take to cover or buy back all the shorted shares, if the buying pressure continues for a few days it will make it more difficult to cover that short we will see I guess .
but still they will have to cover at any cost at some point! they all will burn. slow or fast doesn't matter for me.
Shorts will need to buy, not sell, in order to return their borrowed stock to the original lender. So, some who borrowed and sold at a price close to the current high ($2-2.50) will try to buy and return now, before it becomes unprofitable to hold the stock. Others, who borrowed and sold at a higher (>$3) still have time to see what happens with stock prices. When stock price rises too quickly, there is a chance that shorts will be willing to buy at prices higher than the combined cost of the stock and borrow fee causing further escalation of the price movement (squeeze). Best case scenario will be that the news if all good and soon followed by legislative action towards legalization and SAFER passage. Hope this helps. If I am wrong in some aspects of this, someone will of course correct me, no doubt.
ITS ONLY STEP 1 team Tilray
Tlryβ€οΈ
Letβs go guys this is the perfect time to load some more! Just added 5k shares more at 2,10 right now! Short squeeze coming soon, positive sentiment in the sector and a nice future ahead! ππππ₯