Oct. 24 at 9:00 PM
$GPRO New short interest data out today. Short interest (up to OCT 15, no data beyond yet)
Pretty sure they’re still stuck.
Looks like it decreased about 250k.
Still 15m+ reported short.
⚠️ What that tells us ⚠️ — as of October 15 the price hasn’t broken
$2.00!
So as of NOW, there’s approximately 10-15M shares shorted below
$2!
That’s NOT counting any shorts that shorted this week on the pops! There COULD be over 20m shares now since at least 10M of the volume since the 15th was SHORT VOLUME!
If this thing can hold
$2 CTB should keep creeping up. A push above
$2.5 could cause short coverage to begin!
⏰💣 Tick-Tick-Tick 💥
(Feel free to verify for yourselves NFA)