Mar. 18 at 4:24 PM
$LIDR It was completely shocking that this stock dropped yesterday and did not reach the
$3.00 mark…why??
Shorts were definitely involved, but only during the day. They used secret trading pools to hide most of their activity.
They didn’t hold big positions overnight (only 5%).
The real pressure probably came from ATM or institutional selling, which was hedged with dark-pool shorts.
So, yes, shorts were a big part of the drop, but they weren’t the only reason, and they weren’t positioned beforehand.
They jumped in because the stock went up, not because they were betting against it in the long run.
