Aug. 11 at 9:45 AM
$BKYI HA TA aka Half-ass Technical Analysis
Free float: 1M (Due to compliance no chance of S-3 in the coming 12 months so stuck with 1M float and 0 insider holding)
ETB: Yes 29K
Borrow fee atm: 84% (rising)
ORBISA Lending Analytics: 10 Aug
Utilization: 89%
Depth: Lender – few, Borrower: some
Hold duration (days): 5
Theory:
ETB but few that can lend. Recent rising demand and hence rising borrowing fees. Presume borrowed stock price 2.50, cost = 1c per share per day.
Daily chart looks good – bullish engulfing but EMA200 on daily at 6
Extreme bullish signal: Volume of around 40K on 10s, Price above 5ish or volume of at least 1M should put it on the spot.
Lets see if 3.5 becomes support.
What are your thoughts?
