Sep. 23 at 1:55 AM
$WOLF — Thank you again for giving me a fresh entry so I can re-enter and short again my position that I covered this morning. With the deadline for a potential pull by September 30th or sooner, the company can act anytime between tomorrow and Friday — or by next Tuesday at the latest.
At this point, the short-borrow fee of 345% is becoming less of a burden. Shorts are realizing that while the costs are high, the potential return is growing daily, making the risk-reward ratio increasingly attractive. The longer this drags out, the more it favors those positioned correctly.
If the company pulls the trigger suddenly, many long traders could get caught off guard and face serious losses — similar to what happened with
$SAVEQ, where people cried foul after the fact, blaming the company without recognizing their own failure to understand the risk.