Oct. 4 at 5:27 AM
$NEGG good evening. Have a daily short position update before you open the next 12 pack.
Current short position at closing bell…
496,101 shares.
A decrease of a bit over 10,000. About 2%.
Collateral adjusts based on closing price so that’s why you see collateral go up while short position decrease a bit.
In the grand scheme 10,000 shares ain’t much. We all know @ShyGlizzy will have these shares shorted by 4:01AM Monday. Maybe even at 2:01AM via the German exchange. The profits will be huge. It will be devastating.
On the real the volume change is nuts. I don’t see myself ditching WeBull for options playing, it really is a great setup, but this stock has shown more than any other I’ve been in how important direct routing can really be.
Don’t feel like loading it up for a screenshot but we did have
$600 k -
$800 k dark pool trades throughout the day (not normal off exchange). More value for sure than yesterday, but yesterday had three separate Million +’ers.
Go Bills
Go Red Bull
