My question was honest too - I'm interested to know what techniques shorters are expected to use to drag down Sezzle's share price. In that sense I don't know how it works.
-with roughly 200k short shares, average daily volume of 100k and very slim liquidity, I think it would be a very risky strategy. As the share price rises they need to buy shares which are frankly not available. It is a recipe for disaster. -ditto in respect of trying to influence the SP - the business has no holes or poor rumours -the share price is up 1,113% in the past year - how could shorters justify their presence - they would have been blown away long ago
How would they be pushing the share price down?
SZL Price at posting:
$24.35 Sentiment: None Disclosure: Not Held
