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308 now..the daily candles look like someone copied and pasted them for 3 days.

I would 100% agree with you two weeks ago but the last week's movement and this week's spike up suggests there is a different story going on now. Short interest could be hidden and in ETF positions/option sells.

There is a period that he cannot sell his shares. Also if he do this purposefully it would be a crime.

Oh definitely. In the most optimistic scenario is the stock is priced at $60. The current price is ridiculous. But what can you do the market is always right.

Unfortunately it is true. The breaking correlation suggests that either the previous negative correlation was an erroneous statistical conclusion or the logic behind the scene has changed.

If $200 would make such pain why do you think $400 would be good for scalping? By then the volatility would be doubled, the same position's daily loss would also be doubled compared to today. I would say reduce position and short more on the way down instead of on the way up.

As much as I want to see it goes to $40, I don't believe it will plummet fast. I hope it does though. Trying to exclude emotion because otherwise there would be no difference between us and the ones posting emojis on reddit.

It has completely been traded at levels I could not explain. Hence I could not guess the future range.

What is your plan for exit?

It spikes again today. There are 45mm float out there. Assume we have 5mm held by passive ETFs, 5mm held by funds that for some reason is not going to sell. 1mm retails hold 10 each which is 10mm shares. Currently short interest is around 15mm shares. That leaves 10mm shares. Which means if they...

It should but it has been going up for a week on low volume, penetrating all the resistances. The only theory I have is the shorts are facing liquidity issues as the other positions gets hit.

Hi, thank you for offering the learning opportunity. However it seems "fctcloudrooms" cannot be found in Skype. Is there any other way to join and learn? Thanks!

I also think it is a good point to short. But something just does not add up: 1. How could it keep at the 120-130 level with such low volumes? 2. Who has been buying it at this level? Please do not say retail. Could be short covering but that cannot keep the stock up for weeks 3. Did the...

Hi BeautifulStranger, Thank you for the insights! Could you please kindly share some literature or books that would be a good start for beginners? I have a stat/computer science background. When doing intraday backtesting what platform do you use? I implemented one by myself but I feel it...