Aug. 23 at 1:36 PM
$MMA $SPY $QQQ $TKO Shorts are trapped in a severe structural bottleneck. The borrow rate is sitting at an astronomical 166.44% while available shares dried up to just 85k over the weekend. Looking at the L2 order book, there is a massive air pocket—outside of minor 2.1k blocks at
$0.49-
$0.52, there is zero overhead supply until the
$0.68 wall. HFT algorithms scanning these past 48 hours of data will likely jump in Monday morning to hunt liquidity and aggressively drive the price up. Longs need to REMOVE stop-loss orders so shorts and algos can't trigger them to manipulate and force a flush. If shorts panic-cover to stop the weekend fee bleed, this will gap up instantly due to the complete lack of natural sellers.
