Jun. 12 at 3:47 PM
$LCID no we’re not. If it were a normal stock yes. Especially with the inceased interest rate
But the 35 million shares that
$BAC is cycling actually makes a squeeze impossible until they permit it.
Whats fucked is normally if that was an atm retail would have eaten it by now but
$BAC hasn’t sold a single share. They lend them out to stop price and kill calls they sell and then they get them back and lend them again.
The day yesterday ended with 0 shares available. Opened with 200,000 and then over the last 20 minutes they expanded that to 2,000,000.
That neuters the squeeze. I suspect even if a player tired they would just expand it. So…
No squeeze unless they change their mind.
Retail has zero control in this stock. It’s not
$GME they get only what PIF and
$BAC throw them.
One day it will squeeze but it won’t be retail driven and it will be completely staged and controlled up in a way that maximizes their profit. Retail will be cattle