May. 15 at 8:38 PM
You know what they say about a long-handled hammer. 😳
Considering that, and the share price closing today at the same price as it did yesterday on a very red day for the market, I would be inclined to expect the two-day downtrend to be reversed.
However,
$ALP is not a normal stock at this point and so I have no expectations. I can only react to what the Dark Pool is controlling. The Off-Exchange Short Volume Ratio (59.08%) has got to come down to 50% or below and the ridiculous 0.02 Days to Cover has to rise to at least 1.0 or more Days to Cover. Until that happens, I'm on the defense and it's time to duck and weave.
BTW, notice the high interest charged for borrowing shares. Those that are lending shares are making money and those that are paying the fee to sell shares back after making profits off of pennies are making money. That's not stopping until the numbers mentioned above change.
I still think
$BMNR and
$ARKK will start positions once the
$GMEE.X acquisition happens.