Ok so if there are approx 52M shares that are short, and there is a 10.5 for 1, that means that if the people that lent that stock want that entitlement, which i hope they do, it means that just under 5 M shares need to be purchased by October 5th just from them alone. Any thoughts on this - am i correct in this assumption? Happy to be corrected here if wrong, I'm just curious thus asking a question.
Another solid signed sales agreement from SYR and it could be $5-$6 in a heart beat and these shorters will have real issues, especially if all those who lent stock out suddenly all want it back.
Either way, I think this is about to get SUPER ugly for these shorters, and very quickly!!! Can you imagine the margin calls they all got in the last couple weeks - ouch!!!!! Serves them right and this is just the beginning of their pain I'm sure.
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Ok so if there are approx 52M shares that are short, and there...
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Last
31.5¢ |
Change
0.005(1.61%) |
Mkt cap ! $325.9M |
Open | High | Low | Value | Volume |
32.0¢ | 32.5¢ | 31.5¢ | $422.4K | 1.324M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 113884 | 31.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
32.0¢ | 118624 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 113884 | 0.315 |
31 | 1012141 | 0.310 |
24 | 1041405 | 0.305 |
45 | 2703833 | 0.300 |
10 | 1074773 | 0.295 |
Price($) | Vol. | No. |
---|---|---|
0.320 | 118624 | 4 |
0.325 | 421704 | 15 |
0.330 | 160215 | 7 |
0.335 | 159555 | 7 |
0.340 | 98925 | 7 |
Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
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