Jun. 23 at 12:15 PM
$AUTL Short share availability is still high at 3M and interest rate is cheap at 2%. 55%+ short share ratio the last couple of days. We need whoever is lending the cheap shares to the short sellers to stop. Almost no July calls or puts. No real activity in the options market, 19000 call shares. Option buyers are starting to wake up to the fact that the market makers control the float and won't allow any money to be made in the option market. It will take a major surprise, buyout or another convicted large institutional investor like MAK to come in, force the short sellers out. June earnings report will be the next major catalyst.
