Sep. 30 at 1:58 PM
$CORT
SHORT TIME TO COVER UP 33% IN A MONTH
The short sellers' liability is again approaching
$1 billion
Last time this happened, the stock spiked to
$117
With current volume it will take 16 trading days for the shorts to cover
But a lot of the volume on which the 16 day calculation is based is actually artificial volume, created by short sellers themselves
It would likely take them over a month of buying stock every single day to cover. Back of the envelope suggests a concerted effort to cover would easily put stock above
$200
Their position is much, much worse than the numbers superficially suggest
The math suggests that any stock you buy here in the
$80S and
$90S will be
$150+ before too long
SHORT SQUEEZE is inevitable
